Indiana life sciences companies capture more venture capital money in first half of 2010
Venture dollars for Hoosier companies are still few, but the flow of deals is picking up.
IBJ Staff
Articles
NFP of Note: Indy Reads
Indy Reads works to improve the literacy skills
of adults in central Indiana who read or write at or below the sixth grade level.
Lauth moving HQ to North Meridian office building
Lauth Group Inc. will relocate its headquarters to a North Meridian Street office building as part of a bankruptcy court settlement,
the company announced Thursday afternoon.
Expedited security returns to Indianapolis International
iQueue promises faster travel through security checkpoints. Participants pay $169 a year and get biometric identity card.
First Internet Bank reports strong second quarter
Fewer loan losses and an increase in net-interest income help the bank post one of its biggest quarterly profits in company history.
Quick hits: Indianapolis and Kansas City are close match in tourism
Indianapolis and Kansas City, a metro area with feet in both Missouri and Kansas, are not only similar demographically, but
the cities' convention and tourism trades have some measures in common, like number of annual visitors.
CEO of local chocolate company stepping down
Wayne Zink of Endangered Species Chocolate will become chairman of the company’s not-for-profit foundation. Chief Operating
Officer Curt Vander Meer will replace him as CEO.
Judge rules against Emmis shareholders, allows sale
Shareholders sued to temporarily block the sale of the public company, which is set to be acquired by JS Acquisition LLC,
a private
company formed by Emmis Chairman and CEO Jeffrey H. Smulyan.
Cummins’ profit rises on strong overseas sales
Columbus-based diesel engine manufacturer raised its full-year earnings forecast after second quarter profit rose to $246
million.
Interactive Intelligence reports higher profit, revenue
The Indianapolis-based company reported second quarter profit of $2.5 million on increased sales of
its business communications software.
Old National improves second-quarter performance
The Evansville-based bank reported a 9-percent increase in second-quarter profit, helped by a continued reduction in non-interest
expenses and growth in commercial loan and business checking account activity.
Key vote ahead for utilities transfer
A plan to transfer the city's water and sewer utilities to Citizens Energy Group faces a key vote Monday night at a meeting
of the City-County Council.
Hoosier Energy reaches settlement with EPA
Rural electric cooperative to pay civil penalty of nearly $1 million for not using most modern pollution controls. Hoosier Energy also to spend up to $300 million on pollution controls at coal-fired plants.
Integra Bank unloads five Kentucky branches
Transaction is part of Evansville-based Integra’s plan to narrow its geographic footprint, CEO Michael J. Alley said. The
bank has 59 branches in Indiana, Kentucky, Illinois and Ohio.
EDITORIAL: Timid talk won’t stop violence during Indiana Black Expo
The violence that sometimes erupts on the streets of downtown during Summer Celebration’s final weekend can no
longer be tolerated.
Wolf Technical Services wins Army Corps contract
The company has been hired to refine technology that detects whether a vehicle might be carrying suspicious cargo, including
explosives.
Fuzzy Zoeller’s vodka firm sponsors Tony George’s Vision Racing
Financial terms of the deal were not released, but motorsports business experts said it was a six-figure deal.
Indianapolis native Marie Johns named SBA deputy administrator
The U.S. Senate recently confirmed her appointment to the No. 2 job.
Ripple Inn, Sinking Ship among new restaurants planned
Among the four eateries on the way, two are local ventures and two are chains.