Amid proxy war, Noble Roman’s delays shareholders meeting
Indianapolis-based Noble Roman’s s in a heated battle with one of its biggest shareholders over whether CEO Scott Mobley should remain on the restaurant company’s board of directors.
Susan Orr
Articles
Noble Roman’s sparring with investor over proposed leadership shake-up
West Fargo, North Dakota-based restaurant operator BT Brands Inc. filed a proxy statement this month asking shareholders to vote for its own CEO, Gary Copperud, rather than reelect Noble Roman’s CEO Scott Mobley to the five-member Noble Roman’s board.
Emmis leads $48M investment into Israel-based ad-tech startup
Emmis was the lead investor in Anzu, an Israel-based company that has developed technology that allows companies to insert targeted ads into video games in a nonintrusive way.
Fishers-based tech firm Netfor files for bankruptcy
Netfor’s CEO said an ill-timed investment in office space created financial problems for the company, but that he expects “no impact” to employees and clients as Netfor works to restructure its finances.
Made in Indiana: Tents by Anchor Industries Inc.
Company history: Anchor Industries was founded in 1892 by Louis Daus, and it originally operated as a supply house that sold oil, groceries, paint and other supplies to steamboats along the Ohio River. Daus later added canvas goods to the lineup, and the company today is best known for its commercial tents that are used […]
State tool connects Hoosier entrepreneurs with resources
ConnectIND has a portal with information on everything from funding sources to coworking spaces to business incubators. It also has a network of 10 navigators being hired around the state to offer free guidance and support for the portal’s users.
Indiana’s former cybersecurity director moves to federal position
Chetrice Mosley-Romero, who was appointed as Indiana’s first cybersecurity director in 2017, will continue helping the state agencies and local government entities strengthen their cybersecurity postures.
Carmel-based software business Baker Hill set for new ownership
Established in 1983 by entrepreneurs Mark Hill and Karen Hill, Baker Hill is a software-as-a-service firm that provides loan origination, risk management and analytics software to more than 400 banks and credit unions.
Simon expands availability of mall-wide online search tool
Simon Search, which is accessible via Simon’s website and app, and at in-mall digital directories, allows users to browse multiple stores’ inventories at once.
Marketing-tech startup Demandwell lands $1.55M venture investment with eye to AI
Turbulence in the tech industry forced Demandwell to do some layoffs and belt-tightening of its own, but the proliferation of AI tools like ChatGPT has opened up new opportunities for the company.
Magic Johnson to speak at Rally conference in Indianapolis
Basketball-star-turned-entrepreneur Earvin “Magic” Johnson will be among the keynote speakers at the Rally innovation conference in August, event organizers announced Tuesday.
Fishers-based collection agency ordered to pay $1.68M penalty
The Consumer Financial Protection Bureau issued a consent order last week against Fishers-based Phoenix Financial Services over alleged violations of federal debt-collection and credit-reporting laws.
Human resources firms cautiously adopting AI
The growth of artificial intelligence tools and the increasing sophistication of the technology has made AI a target for regulators, especially in hiring.
Engineered Innovation Group lands state tax incentives
The Indianapolis-based software development firm had one employee when it launched in December 2021. The company now has 26 employees—and big ambitions for continued growth.
Podcaster Raz announced as keynote speaker for Rally innovation conference
Indianapolis-based Elevate Ventures, which is organizing the first-time event, announced Guy Raz on Tuesday as the first keynote speaker for the event.
Rising interest rates pinch small-business borrowers
The average prime rate, or the rate banks set as a reference for customer loans, was 4%. The prime rate has more than doubled since then, hitting 8.25% in May.
Fishers-based AfterSchool HQ lands $3M seed investment
Fishers-based education-tech firm AfterSchool HQ recently landed $3 million in outside investment, bringing the company’s fundraising total to $4.3 million since its launch in late 2017.
Indy-based Luna Language Services acquired by Philadelphia firm
Luna was founded in 2001 Luna Language Services and provides interpreting and translation services to a client base that includes some of Indiana’s largest employers.
2023 Innovation Issue: Indiana is primed to reshape the agbioscience industry
The state’s strength in agriculture, plus partners like Purdue University and AgriNovus Indiana, combine to make Indiana a competitive place for generating and attracting ag-related technology and innovation.
IMS rolling out new tools to help Indianapolis 500 fans navigate crowds
During this weekend’s Indianapolis 500, the Indianapolis Motor Speedway is doing a pilot test of technology to help fans find the concession stands with the shortest lines.