Articles

Angie’s List shares plunge after wider quarterly loss

Angie's List Inc. saw revenue jump 74 percent in the second quarter, but the Indianapolis-based contractor-ratings service continued to see growing losses as the result of higher marketing expenses. The company’s stock fell more than 10 percent Thursday.

Read More

Honda investing $40M in Greensburg, adding 300 jobs

Honda Manufacturing of Indiana LLC, a division of Japan-based Honda Motor Co., said on Wednesday that it will invest $40 million in its Greensburg plant and hire 300 employees later this year as it ramps up production of its compact cars.

Read More

Indiana can’t collect on IBM welfare lawsuit, judge rules

Indiana cannot collect millions of dollars it claims IBM owed after its efforts to overhaul the state’s welfare system failed, and the computer giant is entitled to payment for equipment the state kept, a judge said in a Wednesday ruling that condemned both sides.

Read More

Finish Line’s high-tech store prototype still has kinks

A prototype store launched by athletic shoe and apparel retailer The Finish Line Inc. on May 25 aims to use technology to marry brick-and-mortar to the company’s online operation. But interactive tablets that are a centerpiece of the so-called omnichannel strategy are not yet up and running.

Read More

Massive unused Tipton plant goes back on the market

The never-occupied 781,500-square-foot facility is on the market for $39.5 million, a steep discount from the original cost of roughly $100 million. The plant was built to manufacture auto transmissions. A plan to make solar panels at the site also collapsed.

Read More

Rolls-Royce wins $183M Army contract

The British manufacturer, which produces aircraft engines in Indianapolis, has scored a $183 million contract to service engines for the U.S. Army’s OH-58D Kiowa Warrior scout helicopters, the company announced Monday morning.

Read More