Oesterle to step down as Angie’s List CEO
Bill Oesterle is leaving his job as CEO of Angie’s List Inc. after more than 16 years in the position, the Indianapolis-based company announced Wednesday morning.
IBJ Staff
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Peerless Pump discussing major expansion with city
Peerless Pump Co. is in line to receive a pair of tax abatements from the city after the manufacturer spent more than $18.7 million to improve its Indianapolis plant. The deals could pave the way for an even larger expansion.
Local Goodwill hires from within for new CEO
After a national search, Goodwill Industries of Central Indiana Inc. has named its own chief operating officer to succeed CEO Jim McClelland, who has held the job for 41 years.
Fired investment adviser Buck lands at RBC Wealth Management
Thomas J. Buck, a top investment broker who was fired by the local office of Merrill Lynch last month after nearly 34 years with the firm, has joined the Indianapolis office of RBC Wealth Management.
Tax revenue misses projections again
Indiana’s new tax collections report shows state revenue was short of projections for the seventh time in the past nine months.
Turbine maker to pay up after missing hiring goal
An Italian wind-turbine maker is expected to pay a central Indiana county $375,000 for failing to meet a goal of hiring 200 workers by the end of 2014.
PROXY CORNER: Endocyte Inc.
Endocyte Inc., 3000 Kent Ave., Suite A1-100, West Lafayette 47906, is a biopharmaceutical company developing therapies for the treatment of cancer and inflammatory diseases.
Marsh Supermarkets closing four Indiana stores
The closures include one Indianapolis grocery store as well as locations in Fishers, Mooresville and Lafayette.
EDITORIAL: Time to consider taxing services
Lawmakers should pass legislation to tax services ranging from legal fees to hair cuts in addition to the cars, shoes and other items the state has taxed for decades.
Hoosier State Line to remain running under new agreement
The Hoosier State passenger rail line between Indianapolis and Chicago appears to be back on track toward a long-term future, the Indiana Department of Transportation announced Monday.
Bill addressing utility territory disputes heads for governor’s desk
A bill that gives rural electric cooperatives and investor-owned utilities more leverage in territory disputes is headed for the desk of Gov. Mike Pence.
Real estate broker gets 15 years for Ponzi scheme
A former Indianapolis-area real estate broker and attorney received a 15-year sentence Thursday after pleading guilty to four Class B felony counts of securities fraud.
NFP of NOTE: Pink Ribbon Connection
Pink Ribbon Connection provides emotional support, local resources and education to those across Indiana who have been touched by breast cancer.
Duke funds underwrite renewable energy study
Duke Energy Indiana contributed $1 million to a new research initiative on the storage of energy created by renewable sources.
Doctors, nurses flock to Indiana Healthy Indiana Plan
The number of health care providers contracted with the Medicaid managed care plans and Healthy Indiana Patients surged 17 percent in just seven weeks after the federal government approved Gov. Mike Pence’s expansion of the Healthy Indiana Plan on Jan. 27.
Autism drug advances in testing
Indianapolis-based Confluence Pharmaceuticals Inc. signed an agreement with a European orphan drug company that should give it the capital to take its experimental autism drug through at least the first two phases of human testing and possibly beyond.
Massachusetts company acquires IT firm Apparatus
The acquisition price could rise from the base of $34.2 million in cash to as high as $40.9 million if Apparatus hits certain incentive targets.
New York manufacturer targets city for HQ move
Opflex Technologies LLC, a manufacturer of specialty foam products, is in discussions with city officials to move its headquarters from St. Johnsville, New York, to the northeast side of Indianapolis.