Former tech darling Vontoo acquired by Ohio firm
Vontoo Inc., a once-promising Indianapolis-based technology firm that landed millions in venture capital but failed to meet growth expectations, has been acquired by One Call Now.
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Online education college moving to Indianapolis
American College of Education, once affiliated with DePaul University, is moving its main campus from Chicago to Indianapolis and expects to create up to 40 jobs by 2014. Hiring will begin once the move is complete in August.
Crime-prevention grants awarded to 26 organizations
Indianapolis’ Community Crime Prevention Board awarded a total of $1.7 million in grants, down from $4 million last year, due to the city budget crunch.
LendingTree.com office with 64 employees closing in Carmel
Tree.com Inc., the Charlotte, N.C., parent of LendingTree.com, said its Carmel office will shut down by Aug. 16, costing 64 employees their jobs.
Indianapolis lands Big Ten football title game through 2015
Indianapolis outbid Chicago for the rights to host the Big Ten Conference football championship game through 2015 and also landed the 2014 and 2016 title games in men’s and women’s basketball.
Black Expo employees lodge complaints against CEO
Seventeen employees sign letter to the organization’s board of directors complaining that Indiana Black Expo President and CEO Tanya Bell has created a hostile work environment.
Ex-Countrymark CEO’s bid to reduce sentence denied
David Swanson had asked a federal judge to vacate or reduce his 12-year prison sentence stemming from his 2002 conviction for wire fraud, money laundering and tax evasion.
Finish Line settles with former employee
The Indianapolis-based athletics retailer agreed to pay $38,000 to the worker after the Equal Employment Opportunity Commission claimed it violated federal law by firing her because of a physical disability.
Who’s Who in Life Sciences – 2011
In a monthly feature that runs in the first issue of the month, through October, IBJ is identifying influential players in eight different industry categories. Formidable brainpower sums up the individuals included in our list of Who’s Who in Life Sciences.
Appraisal services firm plans local expansion, 150 jobs
Indianapolis-based StreetLinks Lender Solutions plans to expand its operations, adding 150 employees by 2013, the real estate appraisal management services provider announced Friday morning.
Bull-themed Cadillac Ranch takes over Music Mill
Nightclub Cadillac Ranch plans to open a location in the former Music Mill restaurant and concert venue on 82nd Street.
Peyton Manning’s foundation doubles giving
The PeyBack Foundation made its largest grant distribution to date, with $800,000 going to 147 organizations in Indiana, Louisiana and Tennessee.
Cummins creates buzz with high-efficiency pickup engine
The prototype four-cylinder diesel engine would hit 28 miles per gallon in Nissan’s Titan pickup truck.
Hospitals may be near saturation point on physician hiring
Over the last three years, all major hospitals in Indianapolis have been active in hiring physicians. Competition was especially intense for cardiologists.
Everly extends ISO contract through 2017 season
Jack Everly, a native of Richmond, has been principal pops conductor since 2002, but his work with the ISO began much earlier.
Bidders at Mecum auction revved up spending
Marengo, Ill.-based Mecum Auctions Inc. recorded vehicle sales in Indianapolis of more than $47 million, versus $41.7 million in 2010.
NFP of NOTE: HVAF of Indiana
HVAF of Indiana is dedicated to eliminating homelessness for veterans and their families through prevention, education, supportive services and advocacy.
EDITORIAL: TIF-district plan deserves support
The tax districts allow the city to capture new property tax payments within specific boundaries and apply those funds to infrastructure upgrades and other incentives designed to lure private investment.