First Internet Bancorp reports higher earnings
First Internet Bancorp, parent of Indianapolis-based First Internet Bank, said Thursday that profit rose 55 percent in the second quarter compared with the year-ago period.
IBJ Staff
Articles
Author Solutions acquired by Pearson for $116M
London-based Pearson Plc has purchased Bloomington-based self publisher Author Solutions Inc., which has about 400 employees, most of whom are in Indiana, and had revenue in 2011 of $100 million.
United Way CEO Annala announces retirement
Ellen K. Annala, who has led the United Way of Central Indiana as CEO for 14 years, will retire next year, the not-for-profit announced Wednesday afternoon.
Orlando dwarfs Indianapolis in tourism, conventions
The Indianapolis and Orlando metro areas both have roughly 2 million residents, but Orlando’s theme parks drive a huge convention and tourism industry concentrated around a convention center miles from its downtown.
Honda investing $40M in Greensburg, adding 300 jobs
Honda Manufacturing of Indiana LLC, a division of Japan-based Honda Motor Co., said on Wednesday that it will invest $40 million in its Greensburg plant and hire 300 employees later this year as it ramps up production of its compact cars.
Interactive Intelligence expects quarterly loss
Interactive Intelligence Group Inc. on Tuesday said it expects to report a net loss in the range of $500,000 to $1.5 million when it releases second quarter results July 31.
City, state planning another Super Bowl bid, sources say
Officials for the city and the state are expected to announce plans to bid on another Super Bowl for Indianapolis, multiple media outlets reported Tuesday, citing anonymous sources.
Hotel worker ‘blacklisting’ ban approved by council
Indianapolis hotels could no longer ban contract workers from direct employment under an ordinance passed Monday night by the City-County Council.
Bar owners challenging smoking ban seek injunction
The 10 Indianapolis business owners want a federal judge to prevent the city of Indianapolis from enforcing new public smoking restrictions until a ruling is made on their lawsuit. Their original complaint claims the ordinance violates parts of the U.S. Constitution.
Lilly Endowment gift aimed at Walker Theatre renovation
Lilly Endowment’s $500,000 gift will help fund needed maintenance to the historic building on Indiana Avenue. Center directors say the theater needs a new HVAC system, in addition to electrical wiring, lighting and sound equipment.
Area home-sale agreements show June increase
Home-sale agreements in the nine-county Indianapolis area were up nearly 5 percent in June compared to a year ago, the F.C. Tucker Co. announced Monday afternoon. Year-to-date sales contracts through the first six months are up 13.4 percent.
UIndy receives $2M gift to help archive city’s history
Lilly Endowment Inc. has awarded the University of Indianapolis a $2 million grant to help it begin cataloging four decades of city history as part of the university’s planned Institute for Civic Leadership & Mayoral Archives.
Area sees June dip in residential building permits
Home builders filed fewer building permits in the nine-county Indianapolis area last month, but filings are still up through the first six months of 2012.
Lilly Endowment awards Butler biz accelerator $3M
The gift will enable the accelerator to keep providing consulting services to mid-size Indiana businesses using the experience of consultants, as well as Butler University faculty and students. It launched in 2005 with the help of a $22 million grant from the endowment.
Manufacturer growing Shelby County plant
California-based manufacturer DrillingWorld plans to expand its operations in Shelbyville, adding as many as 30 jobs by 2015.
Meridian CPAs folding into larger Somerset firm
Four principals and about a dozen other staff accountants and support staff at Meridian will join Somerset in August. Somerset is Indianapolis’ seventh-largest accounting firm, based on the number of local full-time employees.
EDITORIAL: Road construction carries high costs
Hamilton County motorists may be forgiven the occasional bout of road rage this summer.
NFP of NOTE: Jubilee Village Project
The mission of the Jubilee Village Project is to provide hope, opportunity and liberty to villages around the world.