Jerry McColgin saw firsthand the power of innovation during his 15 years at Whirlpool Corp., starting on the factory floor and working up to lead an Evansville-based team of 35 people scattered across 17 countries.
Whether the merger of the former rivals is good for Indianapolis will play out in the coming months. Huntingdon has 1,200 employees, most of them in the United Kingdom and Princeton, N.J. Harlan has about 2,300 employees worldwide, including 300 locally.
The lender for the Hawthorns Golf & Country Club is an affiliate of California-based Concert Golf Partners, which hopes to convert its debt into ownership of the Fishers club.
Scott Dorsey, who co-founded ExactTarget in 2000, will be succeeded by Scott McCorkle, who currently is the company's president of technology and strategy.
The company scarfed up $49 million of its stock under a buyback program that ran from May 2013 to May 2014. And last month, the company launched a new buyback program, this one for $40 million.
The greater success Interactive Intelligence enjoys transitioning customers to the cloud, the greater the drag on short-term results.
Charles Hoefer Jr. charges in a lawsuit that he was fired as CEO of Global Caravan Technologies as part of a conspiracy by other company insiders to defraud him of “rightful majority ownership."
The tech VC firm recently invested $7 million in Smarter Remarketer. It previously bet on Made2Manage Systems, Angie’s List and ExactTarget.
If the NCAA were a public company, investors would be fretting about the risks—most notably the thicket of litigation that could upend the definition of amateurism and pave the way for athletes to get paid.
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
Stephen Simon has been increasingly involved with the team since his father, Herb, acquired full ownership of the franchise before the death of Herb’s brother Melvin in 2009.
The city's Capital Improvement Board will spend $160 million over 10 years on subsidy payments and stadium improvements for the Indiana Pacers in exchange for a lease extension through the 2023-2024 season.
The mayors of Indy and Kokomo in late February gave remarkably similar state-of-the-city addresses, both focusing on the need to make their communities more desirable as places to live, not just do business.
Carmel-based Merchants Bancorp announced in May 2013 that it would merge into Mooresville-based CITBA Financial Corp.—a deal initially so warmly received by CITBA shareholders that the company’s stock shot up 87 percent.
Simon Property’s decision to name the new business Washington Prime had fueled speculation the company would end up based in the D.C. area. However, that apparently is not the case.
The east-side mall's occupancy has fallen to 43.8 percent, down from was 86.6 percent in 2011 and 77.2 percent in 2012.
The decline in the stock price has pushed the dividend yield ever-higher, with Calumet now boasting the 18th-largest yield among the more than 3,000 companies that trade on NASDAQ.
Tim Durham’s 10,700-square-foot Geist home has languished on the market for years with an asking price of $5.5 million.
Brick-and-mortar retailers experienced a rough holiday season, and the doldrums continued through January—fueling hand-wringing among investors and other observers over whether the Internet has permanently diminished the American shopping mall.
The Carmel company complains that its insurers “denied all coverage for the theft-fraud loss under both policies on the grounds that the individual leased to Telamon was an ‘employee’ of Telamon, and simultaneously was not an ‘employee’ of Telamon.”
