Cleveland-based Everstream Solutions LLC announced Tuesday that it has agreed to buy a 200-plus-mile Indianapolis-based fiber network from Dallas-based DataBank Ltd. and quadruple the network’s size. The service area will expand to cover Indianapolis and parts of Hamilton County.
Founded in 1993, Orchard has grown to become the seventh-largest software development firm in the Indianapolis area, with 275 employees and $40 million in revenue for 2018.
Under Sen. Bernie Sanders’ plan, the government would increase a firm’s corporate tax rate if its highest-paid employee earns more than 50 times what its average worker does—an attempt to encourage companies to distribute their profits more equitably.
U.S. stocks climbed Monday and gave one last nudge to ensure the Standard & Poor’s 500 emerged from yet another tumultuous quarter with a modest gain.
The company is eliminating 250 jobs as part of a restructuring that’s expected to result in at least $12 million in savings in 2020.
Indy Propco LLC, which has owned the 11-story building at 1 N. Meridian St. since January, wants to turn the property into a Motto by Hilton that would have at least 116 rooms, according to plans recently filed with the Indianapolis Historic Preservation Commission.
The policy shift is meant to free up resources to focus on violent crime in Indianapolis. More serious marijuana offenses involving more than one ounce of pot will still be prosecuted.
The rebranding of the company coincides with the debut of its new, $80 million headquarters in Carmel.
The Indy Chamber has endorsed Democractic incumbent Joe Hogsett in this year’s mayoral election, but also praised Republican challenger Jim Merritt for his work in the Indiana General Assembly.
California will let college athletes hire agents and make money from endorsements, defying the Indianapolis-based NCAA and setting up a likely legal challenge that could reshape amateur sports in the United States.
The tech apprenticeship and coding school said it plans to use the cash infusion to help it expand its tech-focused educational offerings and grow its enrollment nationally and in Indianapolis.
Fred Yeakey at Providence Chriso Rey High School in Indianapolis has found a way to encourage high school boys to let their hair down while he helps shape the way they see opportunities.
Indianapolis-based Simon Property Group counts Forever 21 as its sixth-largest mall tenant, excluding department stores, with 99 outlets covering 1.5 million square feet, as of March 3.
Security experts have urged for adoption across the country of paper-based voting systems, saying they are less vulnerable to manipulation and election workers can use those records to audit results.
The Justice Department weighed in after a former Cathedral High School teacher in a same-sex marriage sued the archdiocese over his dismissal.
Democratic gubernatorial candidate Josh Owens, the 34-year-old CEO of tech firm SupplyKick, has never held elected office. But he doesn’t consider that a bad thing.
During a weekly barbershop session Vice Principal Fred Yeakey holds at Providence Cristo Rey High School, the educator works to “groom the outer man while guiding the inner man,” as he puts it.
Severely wounded while serving in the Middle East, Jeff Mittman underwent dozens of surgeries and years of rehab while trying to figure out how he could again provide for his family.
CEO Jim Hallett predicts that 2019 will be the peak year for brick-and-mortar auto auction volumes, but company officials aren’t sitting around wringing their hands and wishing for the past.
The board carries $56 million in liability insurance for its facilities, including a $1 million general liability policy and a $55 million umbrella policy.
