Protective Insurance hires two senior executives
Carmel-based Protective Insurance Corp. has hired two company outsiders to fill its chief financial officer and chief information officer roles, the company announced Monday.
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Water-management software firm 120WaterAudit lands $7M in funding
Zionsville-based 120WaterAudit plans to use the funds to improve its digital water-program-management platform and expand sales and marketing.
Saudi oil attack could push gas prices up 25 cents, expert says
Should the recovery take weeks or months, the impact could be far-reaching. Higher fuel prices can not only motivate consumers to cut spending elsewhere but also ultimately reach into virtually every corner of the economy.
With trade war a threat, Federal Reserve set to cut rates again
Several factors will influence the Fed’s decisions in the coming months on whether it needs to keep reducing borrowing rates to try to help sustain the U.S. economic expansion now in its 11th year.
Reich expresses confidence in Vinatieri despite early-season woes
Amid speculation that his 46-year-old kicker might retire, Indianapolis Colts coach Frank Reich said he wants Adam Vinatieri to stay with the team despite his recent kicking slump.
Tech executive Josh Owens jumping into race for governor
The Shelbyville native has never held elected office, and his only campaign experience was an unsuccessful run for an at-large seat on the Indianapolis Public Schools board in 2014.
Head of KAR’s fast-growing TradeRev unit resigns
One of central Indiana’s most prominent female executives plans to step down from Carmel-based KAR Auction Services Inc. two years after taking over a new business unit for the company.
Opioid deal may set price for drug industry settlements
Purdue Pharma may have just set the starting point for determining what it will cost dozens of pharmaceutical companies to resolve legal liability over their role in creating the U.S. opioid epidemic.
UAW official: GM’s offer came too late to avoid strike
A strike by over 49,000 United Auto workers against General Motors could have been averted had the company made its latest offer sooner, the union’s top negotiator said in a letter to the company.
Indianapolis-based 1205 Distillery planning tasting room in Westfield
The new tasting room will feature craft cocktails made exclusively with 1205 Distillery spirits, plus local beers and wine options.
Area home builders see busiest August in 12 years
It was the second month in a row of year-over-year increases for single-family construction permit filings following seven straight months of declines.
IBJ Podcast: How a former cop came to lead the area’s top-selling real estate team
Dennis Nottingham was on a police run when he met a house flipper who piqued his interest in real estate. Not long after, Nottingham took some classes and got his real estate license. And for awhile, he sold houses on the side, while working the night shift for the Indianapolis Metropolitan Police Department. But after […]
UPDATE: Auto workers strike against GM in contract dispute
More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike.
Central Indiana county halts regional jail consideration
The Madison County Council voted to halt discussions with Henry County and recommend that Madison County commissioners start a feasibility study for a new jail in Anderson potentially costing $50 million.
No millennial bump for Buttigieg, but hints of broad appeal
Pete Buttigieg would like to turn the fight for the 2020 Democratic presidential nomination into a contest about generational change. But there’s one looming problem: He has yet to win over his own.
China backs U.S. farm purchases as trade talks atmosphere warms
Equity markets have rebounded in recent days as both President Trump and Chinese leader Xi Jinping sought to lower tensions that are clouding the outlook for the world’s biggest economies.
Fishers Test Kitchen helping young chefs give it a go
Three chefs will take up residency at the kitchen for one to two years, showcasing their food, gaining business skills, and building a local following in preparation for moving on to open their own locations.
Restaurant chain prospers by staying out of the street-side marketplace
Carmel-based CC Holdings manages dozens of restaurants and coffee shops, but few are in conventional locations.
Hoosier manufacturers feel trade war sting
As the U.S./China trade war drags on, advanced manufacturers in central Indiana are scrambling to determine their best course of action—and there are no easy answers.
Developer Litz & Eaton split leaves messy trail
Five years after the prominent developer upped its business ambitions—going from a home-renovation firm to high-end, multi-home projects—the firm is unraveling.