Rolls-Royce to open downtown aviation museum
The exhibition featuring aircraft engines dating back to the 1920s emphasizes the manufacturer’s past while also looking ahead.
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McCorkle joins High Alpha following post-Salesforce hiatus
Scott McCorkle, who stepped down as CEO of Salesforce Marketing Cloud in August, will be executive in residence at High Alpha, a firm that creates and nurtures enterprise-technology companies.
Judge approves $630M Rolls-Royce settlement over bribery probe
A United Kingdom judge has approved settlement between Rolls-Royce Holdings Plc and UK prosecutors, resolving a bribery probe spanning three decades of misconduct at the jet-engine maker.
UPDATE: GM to add or keep 7,000 jobs, make $1B factory investment
General Motors plans to invest $1 billion in U.S. factories and add thousands of white-collar jobs, measures that have been in the works for years but announced Tuesday after criticism from President-elect Donald Trump.
Obama’s EPA moves to preserve gas-mileage requirements
Friday’s action keeps in place pollution-reduction targets for the years 2022-2025. That means the fleet of new cars will have to average 51.4 miles per gallon by 2025, up more than 18 mpg from the 33.2 mpg requirement in 2015, the most recent year available.
U.S. government accuses Fiat Chrysler of cheating on emissions
The Environmental Protection Agency issued a “notice of violation” to the company that covers about 104,000 vehicles, including the 2014 through 2016 Jeep Grand Cherokee and Ram pickups.
Reports on Indiana VC activity differ starkly
Last year, one research firm pegged Indiana’s 2015 venture capital activity at about $55 million. This year, another firm said it was about $157 million.
Zionsville entrepreneur plans Airbnb for tiny homes
The platform, called Try it Tiny, was launched by a former Wall Street investment banking analyst who noticed a demand for smallish dwellings.
Health care management firm plans to open Carmel office, hire up to 125
Green Circle Health's client services center will provide remote health care and coaching for customers across the country, focusing in part on improving the coordination of care for chronic diseases.
Local IT staffing exec indicted in alleged bribery, kickback scheme
A Carmel man who leads a local IT consulting and staffing company has been charged with conspiracy to commit wire fraud and money laundering.
Indiana lawmakers propose bills to change RV sales tax law
Two proposed bills in the Indiana Legislature aim to exempt out-of-state buyers of recreational vehicles from having to pay state sales tax, even if their states don't have a reciprocal agreement in place.
Nine biz-tech predictions for 2017
Leaders of nine local tech firms see a variety of trends gaining steam in 2017, including an increased focus on cybersecurity and heightened interest in employee-engagement software.
Interactive built building, reaped city tax break for unrealized job surge
Interactive Intelligence in 2014 said it would add 430 Hoosier employees—plans it leveraged to hash out city and state tax incentive agreements. But it's local employment hasn't changed much since.
Cummins unveils downtown Indy office complex, recruiting tool
The Columbus-based engine maker says having an expanded presence in Indianapolis through its $30 million-plus global distribution headquarters should help the company recruit talent that prefers urban life.
Ed-tech startup raises $1.25M from investors, including Simon family members
This is the second capital raise for ClearScholar, which runs an app for college students that aims to be a primary digital destination for school information.
U.S. automobile sales expected to rise for sixth straight year
Demand may be slowing, but U.S. consumers still bought a whole lot of cars and trucks in 2016.
Allegion acquires Tennessee-based Republic Doors & Frames
Republic, which makes hollow metal doors and frames, had sales of $20 million in 2015.
Ford gives Trump ‘vote of confidence’ after Mexican plant decision
Ford is canceling plans to build a new $1.6 billion factory in San Luis Potosi, Mexico, and will instead invest some of that money in a U.S. factory that will build new electric and autonomous vehicles.
Sports apparel maker planning to add 192 workers at local plant
BSN Sports LLC plans to spend $2.4 million to improve its sportswear production facility on the city’s northwest side.
RV industry makes comeback in Elkhart County
The industry has since shown resiliency. The county had an unemployment rate of 3.3 percent this year, and potential customers have more disposable income.