Articles

Electrolux to buy GE Appliances in $3.3B deal

The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the world's second biggest home appliance maker after U.S. rival Whirlpool. Louisville-based GE Appliances has a long history in Indiana.

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Smarter Remarketer gets $7M in funding

Smarter Remarketer, an Indianapolis-based retail technology firm, said Aug. 27 that it has lined up $7 million in venture debt financing from Los Angeles-based City National Bank.

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U.S. durable goods orders show record surge

Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft. Outside of transportation, orders dipped.

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