Tyco to buy Fishers-based technology firm for $150 million
Tyco International Ltd. said Wednesday that it reached a deal to acquire Exacq Technologies Inc., which develops video management systems for security and surveillance uses.
IBJ Staff and Associated Press
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Greenwood sues over failed pharmaceutical facility
Greenwood Mayor Mark Myers says city officials had tried for months to help with talks with possible investors for Elona Biotechnologies, without any progress.
Indianapolis to get 500-vehicle electric car-sharing system
A French company’s $35 million system would help Indianapolis open more charging stations than any other city in the nation by 2025.
FedEx confirms plans for $40M Zionsville center
The company plans to open the 300,000-square-foot center in August 2014 with about 200 workers, although most will be transferring from an existing Indianapolis FedEx facility.
TV ratings droop near all-time low for Indy 500
ABC-TV’s telecast of the Indianapolis 500 on Sunday earned a 3.7 rating nationwide, one of the race’s worst ratings performances in recent history.
EPA seeks to add Keystone property to Superfund list
The U.S. Environmental Protection Agency on Tuesday proposed adding three sites in Indiana—including one in Indianapolis—to its highest priority cleanup list for hazardous waste sites.
Ex-councilor Bateman sentenced to 27 months in prison
Paul C. Bateman Jr. had pleaded guilty in January to his part in defrauding an Indianapolis physician of $1.7 million.
Work stops on Greenwood pharmaceutical plant
Greenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the construction loan.
Senior curator leaving IMA after 11-year stay
Lisa Freiman directed the opening of the Virginia B. Fairbanks Art & Nature Park: 100 Acres in June 2010 at the Indianapolis Museum of Art. and is credited with transforming the experience of contemporary art in Indianapolis.
Ball State president among nation’s highest paid
BSU’s Jo Ann Gora was the fifth-highest-paid public college president in the United States during the 2011-12 academic year, according to a new survey released Monday.
Review finds no conflict in state’s deal with Mainstreet
Gov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
Subaru planning major expansion in Indiana
Subaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed on the matter says.
Pence sets rules for more ‘Sagamore’ awards
Many more residents are set to receive "Sagamore of the Wabash" designations under new Indiana Gov. Mike Pence.
Schools face ISTEP+ problems for 2nd straight day
School districts trying to administer Indiana’s required standardized test encountered new problems Tuesday that forced the state to suspend testing for a second straight day. The problems brought a hailstorm of complaints.
Local racing team on verge of calling it quits after 500
Carmel-based Panther/Dreyer & Reinbold Racing, a company that was in expansion mode as little as two years ago, plans to close shop after the Indy 500 if it can’t find a new sponsor.
Shares of Angie’s List, ITT skyrocket after reports
In the heart of a mediocre earnings season for public companies, Indianapolis-based firms Angie’s List and ITT Educational Services on Thursday shot to the top of the stock ticker.
Eli Lilly’s profit shoots up despite lackluster sales
The Indianapolis pharmaceutical company left its full-year profit forecast unchanged despite a spike in first-quarter earnings. Revenue fell short of analyst expectations.
Race for the Cure participation declines again
This year's Komen Race for the Cure in Indianapolis fell to 21,380 participants—a 22-percent drop from a year ago—a top organizer said.
Senate budget pushes highway expansion, small tax cuts
Indiana lawmakers and Gov. Mike Pence drew closer to a budget compromise Thursday with the unveiling of a $30 billion Senate plan that cuts the state income tax by $150 million and establishes a new roads fund.
Indiana bottle maker pushing for refund law
A central Indiana company that makes glass bottles and jars is urging state lawmakers to pass legislation requiring refundable deposits on beverages sold in recyclable bottles and cans.