Orr Fellowship’s first paid employee enhancing program
The organization earlier this year tapped Indiana native Karyn Smitson as its first employee and executive director, and she’s been working to formalize and enhance the high-demand program.
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Purdue engineers recommend STEM gift ideas for kids
A team of Purdue University engineers this week released its second annual Engineering Gift Guide of toys designed to inspire creativity in children and teach them problem-solving skills.
Target, Wal-Mart see online sales growth slow in ominous sign
Both retailers are investing heavily in e-commerce operations, but the deceleration in online sales growth underscores the challenge of competing with Amazon.com, the world’s largest Internet retailer.
Analysts expect IAC to sweeten Angie’s List bid
After seeing its offers to buy Angie’s List turned down in private and in public, New York-based IAC/InterActiveCorp has the next move in what is shaping up as a chess match between the two firms.
Anderson auto-parts plant lands $5M in state incentives
NTN Driveshaft Inc. has been offered $5 million in state incentives to build an $87 million plant in Anderson that is expected to employ more than 500 people, state officials announced Tuesday.
Aggressive bidder has Angie’s List over a barrel, analysts say
Internet behemoth IAC appears bent on hashing out an acquisition and likely would stage a hostile takeover if Angie’s List resists, market analysts say.
WISH-TV launches news-gathering drone
The drone, called AVI8OR, is the first federally-sanctioned quadcopter aircraft cleared for media use in Indiana, WISH announced Tuesday.
Ruling could expose GM to large verdicts in ignition cases
A federal bankruptcy judge has ruled that people suing General Motors over faulty ignition switches can seek punitive damages that could cost the company millions of dollars or more.
Teradata to sell software unit formerly known as Aprimo
Dayton, Ohio-based Teradata bought Indianapolis-based Aprimo five years ago for $525 million, but has decided to go in a different direction with the business unit. It didn’t say whether it had a buyer lined up.
‘Collaborative economy’ startup links clients with marketers
Startups that tap the so-called gig economy, including ride-hailing powerhouse Uber Technologies Inc., have mostly targeted consumers. But a former Salesforce.com employee has launched one aimed at businesses—and she’s off to a solid start.
Angie’s List seeks to capitalize on ‘free users’
Monetizing free users is just part of the vision that new CEO Scott Durchslag, who took the helm of Angie’s List in September, is laying out to reinvigorate the struggling home-services company, which has seen revenue growth slow notably since last year.
Pressure grows on Volkswagen as bad news piles up
The fallout from Volkswagen's emissions-cheating scandal intensified Wednesday, as the company halted sales of seven models in the Unted States that allegedly were part of the cheating.
Calumet Specialty takes loss on lower revenue
Calumet Specialty Products Partners LP took a loss of nearly $49 million in the third quarter as sales fell 32 percent from the same quarter of 2014.
West-side IT firm plans to add 89 jobs by 2019
Kinney Group, which currently has 41 full-time workers in Indiana, said it will invest $5.8 million to renovate 10,000 square feet of space at 2425 W. Michigan St.
Aluminum extrusion plant plans $8.5M expansion
Alexandria Extrusion MidAmerica LLC is planning an expansion at the aging Indianapolis plant it bought in 2012, helping it create 30 jobs and retain 60 workers.
Automakers have big October; record year in sight
Sales of new cars and trucks rose by double-digit percentages at most major automakers in October, and companies are raising their expectations for the rest of the year.
U.S. factory orders fall for second straight month
The September result was led by a big 36 percent fall in the volatile category of commercial aircraft. But the weakness was widespread across other categories including primary metals, machinery and computers.
Federal jury to settle bitter battle between sweeteners
Big Sugar and Big Corn face off in court this week in a bitter, multibillion-dollar battle of sweeteners that boils down to a mix of science, semantics and marketing.
Interactive tops Wall Street forecasts despite third quarter loss
Indianapolis-based software firm Interactive Intelligence lost $9.8 million on $97.4 million in revenue in the third period, surpassing analysts’ expectations.
Northern suburbs investing in new websites
City, town and county officials are investing tens of thousands of dollars to revamp their dated municipal websites and make information easier for residents to obtain.