Indy angel group gets aggressive with school startups
Indianapolis-based Vision Tech Angels has always invested in startups born at universities, by way of invitation. Now it’s flipping the script and seeking them out.
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Calumet shares hit 6-year low after big quarterly loss
Shares in Calumet Specialty Products Partners closed at $12.30 each Wednesday, down 12.6 percent on the day and 38 percent since the beginning of the year.
Elected officials urge Carrier, UTEC to rethink Mexico move
The officials say the company should meet with them and come up with a “pragmatic” solution.
U.S. factory output rises by most in six months
U.S. factories cranked out more autos, furniture and food last month, boosting production by the most since July.
Union says no progress in reversing factory closing decision
A union leader said he'll try to put outside pressure on a company to reverse its decision to shut down a 1,400-worker factory in Indianapolis and move production to Mexico.
New program targets cybercrimes against Indiana youth
State police say the program is necessary due to instances of sexual predators targeting young people online, as well as cyberbullying and radicalization by terrorists.
Trump to Carrier: Stay where you are or build in the U.S.
Trump, a frequent critic of trade deals, twice referred to Carrier as he discussed trade and jobs at a Republican presidential debate Saturday night in South Carolina.
Officials point fingers on Carrier, UTEC layoffs
Are federal regulations to blame? Gov. Mike Pence says yes. Sen. Joe Donnelly says no. And in a now-viral video, a Carrier official tells employees the move to Mexico makes it cheaper to produce its products.
State wants cash back from Carrier, UTEC as jobs flee to Mexico
Indiana economic development officials say they will seek to recapture some of the $530,000 in incentives taxpayers have given United Technologies Corp. and its subsidiary Carrier Corp., which combined will lay off 2,100 people in Indiana and send the jobs south of the border.
In-car data poised to rewrite rules of auto insurance
Two dozen auto insurers in Indiana already have launched at least small-scale usage-based insurance programs, according to the Indiana Department of Insurance.
Angie’s List fate hazy if HomeAdvisor merger occurs
Angie’s List Inc. and rival HomeAdvisor both connect consumers and service providers, but their business models are very different. That adds a complicating wrinkle as speculation intensifies that HomeAdvisor’s parent will take another run at acquiring Angie’s List.
Congress moves near final OK of local Internet tax ban
State and local governments would be permanently barred from taxing access to the Internet under a bipartisan compromise the Senate began pushing on Thursday toward congressional approval.
Mayor launches task force to assist Carrier workers
The task force will focus immediately on identifying existing resources for workers and developing a “tool kit” to ensure those workers know about their options.
UPDATE: Carrier plans to lay off 1,400 Indy workers in Mexico move
Job losses in Carrier Corp.’s local manufacturing operations are expected to begin in 2017 and continue through 2019, the company announced Wednesday. An affiliated company also plans 700 job cuts in northeast Indiana.
Two area companies to build new HQs in Fishers
Indianapolis-based Braden Business Systems plans to move to Fishers while Stanley Security will consolidate operations in the city, Fishers Mayor Scott Fadness announced Wednesday.
High Alpha, Appirio partner to grow startups faster
The two Indianapolis-based tech companies will exchange a variety of resources and access in a deal that’s the first of its kind for either firm.
Allison tops expectations despite drop in profit, revenue
The Indianapolis-based manufacturer realized earnings of $13 million in the fourth quarter, down from $50.5 million in the fourth quarter of 2014.
Indy life sciences firm sells for $127 million
Privately-held Biostorage Technologies Inc., which specializes in biological sample storage, has been purchased by a Massachusetts-based firm in one of central Indiana’s largest disclosed-price acquisitions of the past year.
Startups emerge to help firms craft engaging content
Several local startups have popped up to capitalize on the growing interest in content marketing, defined in part by enterprise-generated blog posts, infographics, how-to videos and more.
Television executive joins marketing firm to accelerate growth of new technology
It took former WISH-TV Channel 8 General Manager Jeff White only one trip to VisionThree’s studio to convince him to take an ownership stake in the company and spearhead sales and product development for the firm full time.