The state said Tuesday that it has agreed to lease its communications infrastructure, including its existing cell towers, for as much as $260 million over the next 50 years to a Canton, Ohio-based private operator.
Peter Sterling, who led the Children’s Museum of Indianapolis through a tremendous period of growth, died Wednesday in Waynesville, North Carolina.
It can be tough to take when an Indiana company sells, but we’ve come to recognize that company sales also stoke what the tech crowd calls our entrepreneurial ecosystem.
Shares in Genesco Inc.—parent of Zionsville-based Lids Sports Group—dropped almost 30 percent Thursday after the company reported lower-than-expected sales in the second quarter and downgraded its full-year outlook.
A new partnership between the Purdue Polytechnic Institute and the Lafayette campus of Ivy Tech Community College might help fill the employment pipeline for the $100 million-plus jet engine plant that General Electric recently built in Lafayette.
For the first seven months of 2016, the airport saw 2.49 million passengers board flights. During the same period in 2015, that number stood at 2.26 million.
Without the rescue, it appears the teen fashion retailer’s remaining stores are heading for liquidation, an event that will put about 10,000 people out of work. Aeropostale has five Indianapolis-area stores.
Interactive co-founder and CEO Don Brown said he will leave the company after the sale closes late this year. The all-cash purchase price represents a 36 percent premium to where the shares traded before word of the potential deal leaked this summer.
Moriden America makes cargo systems and interior trim for the auto industry and plans to ramp up production to meet demand from a Subaru assembly plant in Lafayette.
Four local men who operated two used-car lots in Indianapolis have been charged with several federal crimes, including conspiracy to commit mail fraud, conspiracy to commit wire fraud, money laundering and interstate transportation of stolen property.
ITT Educational Services Inc. has stopped enrolling students altogether at its for-profit college campuses less than a week after the U.S. Department of Education banned the Carmel-based company from accepting new students who use federal financial aid.
The four-building acquisition by Hertz Investment Group includes the tallest office tower in Indiana and the fourth-largest office complex in downtown Indianapolis.
Shares in ITT Educational Services Inc. went into a freefall Friday, one day after the U.S. Department of Education banned the company from enrolling new students who receive federal aid. Analysts said ITT isn’t likely to survive the decision.
OneAmerica Financial Partners Inc. has hired Anthem Inc. executive Karin Sarratt as senior vice president and chief human resources officer, Indianapolis-based OneAmerica announced Thursday.
Companies to Watch recognizes high-performing, second-stage businesses that are developing innovative products and business practices.
Home sales are up 3 percent. Get the stats for the region, plus see what you can buy for $900,000 and what home sold for the most in the past three months.
The decision is a potential death blow to Carmel-based ITT, which derives most of its revenue from federal loans and grants. Its stock was halted Thursday after shares fell 35 percent.
For the first time in almost a decade, there’s a new group at No. 1 in the IBJ All-Star team ranking: Dennis Nottingham’s Indy Home Pros Team. Meanwhile, there’s a familiar name atop the list of solo agents.
Moving from academia, Matt Mindrum’s immediate priorities will include the marketing campaign for the 2017 Indy 500 and promoting the IndyCar series.
