Articles

Techies pressing again for direct Silicon Valley flights

High-tech firms have been clamoring for a couple of decades for nonstop flights between Indianapolis International Airport and California’s Silicon Valley. One of Indiana’s tech icons made it clear recently that the need is as urgent as ever.

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Startups launch apps to facilitate good deeds

Two startup firms, Cause.It LLC and Trensy LLC, have created tools that link charitable behavior and consumption. Like the hit app Foursquare, the newcomers encourage users to “check in” when they show up at events or complete activities so they can earn rewards offered by local businesses.

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Judge rejects some of Indiana’s claims against IBM

The core issue in a dispute over a project to modernize Indiana's welfare system — whether IBM breached the billion-dollar contract — wasn't addressed when a judge dismissed 17 of the state's claims against the computer giant, an attorney for the state said Monday.

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ExactTarget looks to raise $145 million with IPO

Indianapolis-based ExactTarget Inc., which announced an initial public offering in November, said it is seeking to raise as much as $145 million. The company is offering 8.5 million shares for $15 to $17 apiece, according to a regulatory filing made Wednesday.

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Hybrid-vehicle hopeful Bright Automotive folding

Bright Automotive Inc., an Anderson company that once hoped to become a major hybrid-vehicle player with hundreds of employees in central Indiana, has called it quits after failing to land a $450 million government loan.

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Abound Solar halts production, cuts 180 jobs

A Colorado-based solar module maker that hoped to create up to 1,200 jobs in Indiana by next year said Tuesday that it was laying off about 180 workers in Colorado as the company focuses on a more efficient product.

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