Calumet reports profitable quarter on higher sales
Calumet Specialty Products Partners LP turned in a moneymaking second quarter, rebounding from a loss in the same period of 2014, the company reported Wednesday morning.
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Netflix to give workers with babies a year of paid leave
Netflix is giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits as they vie for talent.
Remy International takes quarterly loss on lower sales
The Pendleton-based manufacturer of electric motors on Monday reported revenue of $272 million in the period, down from $302.9 million last year.
Hurco plans to add manufacturing workers at local HQ
Hurco Cos. Inc. plans to move some of its manufacturing operations from Italy to Indianapolis, creating 35 local jobs by the end of 2017, the company disclosed in a tax-abatement request with the city.
Interactive Intelligence quarterly results top expectations
The Indianapolis-based software and cloud-services company reported revenue of $96.3 million in the second quarter, up 21 percent from the $79.8 million it brought in a year ago.
Indiana medical software company hack affected 3.9M people
The company said the exposed information includes names, addresses, birthdates, Social Security numbers and health records.
U.S. manufacturing index shows July slowdown
Exports are contracting, partly because a strong dollar makes U.S. goods more expensive.
Brothers start artisan distillery in Madison County
Jerrad and Jason Oakley have reached an agreement with 69 Liquors in Daleville, Lucky Liquors in Anderson and Mr. G's Liquor Store in Noblesville to sell their moonshine.
Evansville’s Berry Plastics diversifies with $2.45B buy
Berry's purchase of Avintiv is the latest in a string of deals in the fast-consolidating packaging industry.
As Angie’s List hits crossroads, shareholders get antsy
For years, the reviews company has sold memberships to consumers and advertising to service providers, but recently it’s been trying to become a marketplace that brokers transactions and gets a cut.
Few Indy companies embrace state’s new crowdfunding option
Regulations that went into effect July 1, 2014, allow Indiana businesses to solicit capital from rank-and-file Hoosiers in increments of $5,000 or less per investor. The main stipulation: Both the business and the investor(s) must be Indiana-based.
European tech firm tags Indy for U.S. headquarters, 167 jobs
Emarsys eMarketing Systems AG, based in Austria, is one of the first high-profile international software companies to establish its U.S. headquarters in Indianapolis, local tech observers said.
Tech firm to sponsor free rides for downtown bikeshare
Pedestrians in downtown Indy this weekend can become bicyclists for no charge, as a global technology firm sponsors free rides through the Indiana Pacers Bikeshare program.
Cummins’ shares jump on strong quarterly performance
Shares in Cummins Inc. had their biggest intraday rise in nine months Tuesday morning after the Columbus-based maker of heavy-duty engines reported second-quarter profit and revenue that beat analyst estimates.
Allison’s sales, profit fall on lower global demand
Allison Transmission Holdings Inc. saw revenue and sales slip in the second quarter as global demand for its products waned, the Indianapolis-based manufacturer announced late Monday.
Microsoft set to roll out Windows 10 operating system
Microsoft's new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software struggles to carve out a new role in a world where people increasingly rely on smartphones, tablets and information stored online.
Volkswagen tops Toyota in first-half global sales
Volkswagen overtook Toyota in global vehicle sales for the January-through-June period, the first time the German automaker has come out top in the intensely competitive tallies.
Manufacturers see rebound in orders for durable goods
Orders to U.S. factories for big-ticket manufactured goods posted a sizable gain in June, while business investment rebounded after two months of declines.
Mobile-device management firm MOBI nabs $35 million
Indianapolis-based MOBI landed the capital from New York-based private equity firm Bregal Sagemount, which has made previous investments in LifeLock, Orbitz and Vivint.
Once-fringe Gen Con powers game industry
Indy’s annual Gen Con convention has become a powerhouse in the growing $880 million international hobby game business—and a boon for homegrown gaming startups, including Plowgames.