Twitter tool winner of Startup Weekend event
The winner, StatsSquared, now will compete against other winners from cities worldwide in an online contest for the overall top prize.
IBJ Staff
Articles
Americold investing $30M to expand operations
The Atlanta-based company plans to break ground this month on a 100,000-square-foot expansion of its southeast-side cold storage facility. The expansion should be finished in November 2011.
Republic Airways prices stock offering
The Indianapolis-based company said it plans to raise $88.5 million by pricing 12 million shares of its common stock at $7.80 each in a public offering.
EDITORIAL: Legislators should let public decide on transit plan
A more robust public transportation system might be just what the region needs to connect people with jobs, spark development near transit stops, elevate the city’s stature, and reduce the need to regularly pour millions into widening our roads. Or it might be a big, unnecessary waste of money.
Purdue website calculates asteroid damage
The site is “scientifically accurate enough” to be used by the Department of Homeland Security and NASA, but friendly enough for elementary school students.
ChaCha approaches web-traffic milestone
Traffic to the site hit a record high of 18.5 million unique visitors in October, making it the fastest-growing in Quantcast’s top 100 websites.
Barnes & Thornburg maintains top-100 ranking
The firm ranked 85th in The National Law Journal’s annual listing of the nation’s 250 largest firms, up two spots from its previous position.
Indianapolis named among recession-proof cities
Newsweek magazine listed the city among 10 it says are best situated for economic recovery.
PROXY CORNER: Bell Industries Inc.
Bell Industries Inc., 8888 Keystone Crossing, Suite 1700 (www.BellInd.com), is a holding company for Bell Techlogix and the Recreational Products Group.
Angie’s List attracts $2.5M infusion
The investment is from a San Francisco-based firm and follows a $22.5 million investment the company received in October from multiple investors.
Noble Roman’s reports loss
Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.
Gun club building, parking lot fetch $380,000 at auction
The historic, 8,000-square-foot Gatling Gun Club building sold for $250,000 and the 19,000-square-foot parking lot went for $130,000, to two separate bidders.
Daniels appoints new social services chief
Indiana Gov. Mitch Daniels has accepted the resignation of Family and Social Services Administration Secretary Anne Murphy and has appointed the agency’s chief of staff, Michael Gargano, to replace her.
Quick Hits: Indianapolis dwarfs Milwaukee in convention, tourism business
Indianapolis and Milwaukee are about the same size, with 1.7 million and 1.6 million people in their respective metro areas, but Indianapolis’ convention trade is better developed.
Teachers Credit Union chooses new leader
Senior vice president Paul A. Marsh will take over for Richard J. Rice, who has been president of the credit union since 1987.
City names new controller, communications director
Jeff Spalding, a former financial administrator at the Indiana Commission for Higher Education, has been named controller for the city of Indianapolis.
Dealer Expo returning to Indianapolis through 2016
Massive powersports trade show Dealer Expo has committed to keep its annual event in Indianapolis through at least 2016—extending its stay by five years.
Citigroup subsidiary agrees to $717,000 Indiana fine
The penalty stems from charges that Citigroup Global Markets failed to monitor a former agent accused of working with Robert Nelms, who was sentenced in May for securities fraud involving a $24 million cemetery trust fund operated by Indianapolis-based Memory Gardens Management Corp.