Water employee: Veolia falsified records to get bonuses
Testimony is part of effort to deny Veolia Water $29 million contract termination fee as part of utility sale. Group claims salaried employees owed millions of dollars.
Chris O'Malley
Articles
Scandal rocks IURC, Duke
An ethics scandal at the Indiana Utility Regulatory Commission brought down its chairman along with two top Duke Energy executives and an IURC law judge-turned Duke employee who was at the center of the mess.
UPDATE: Aprimo will stay put after $525M acquisition
Marketing software company Aprimo Inc. will stay in Indianapolis after being sold for $525 million to Dayton, Ohio-based based data storage giant Teradata Corp., Aprimo CEO Bill Godfrey said Wednesday.
Group opposes city plan to pay water manager Veolia $29M
The city should refuse to pay the contract-termination fee given alleged defaults by Veolia, the consumer group says. Veolia is out after city sells the water company to Citizens Energy Group.
Controversial airport scanners identify more crooks than terrorists
The federal government’s latest, more-intrusive airport screening measures appear more useful in finding drugs and wads of cash than tools of terror, a review of Indianapolis Airport Police records suggests.
One Click buys, rejuvenates retail websites using online marketing savvy
Greenwood company buys sites on the cheap and turns them into profit centers.
Abandoned United Airlines repair base now bustling
Seven years ago, United Airlines abandoned the 1.7-million-square-foot aircraft repair base that once employed 3,000 people. Today, the mall-sized complex is humming and is essentially fully occupied.
Touted Build America Bonds may not be available for utility deal
Citizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
Brightpoint takes over s2f after big growth plans fizzle
Minority-owned logistics firm s2f Worldwide, started a year ago with high-profile investors and tax incentives in tow, has been acquired by Brightpoint Inc. The deal closed about three weeks ago, said former s2f CEO Randall Lewis.
Raidious aims to feed online marketing beast
Upstart firm helps its clients meet onerous content demands of social media, other online marketing channels.
AAR looking to fill 200 aircraft jobs in Indianapolis
New business from Delta Air Lines is increasing demand for workers at the aircraft repair center at Indianapolis International Airport.
Ethanol’s future clouded by potential loss of tax breaks
The fortunes of Indiana’s 12 ethanol plants, and the farmers and truckers who supply the corn to make the motor fuel additive, hinge on two decisions facing Congress and federal regulators in the weeks ahead.
Fiat dealerships rolling back to metro area
After a three-decade absence from the market, Fiat is coming back to the Indianapolis area with new dealerships in Carmel and Greenwood.
FedEx launches nonstop flights from China to Indy
First nonstop scheduled cargo flights from China are a milestone for Indianapolis International Airport and could attract companies that rely on ready access to Asia.
Labor costs being watched at Duke Energy plant
Cost pressures could eat away at $2.9 billion Edwardsport project’s contingency fund, leaving no room for unexpected costs during startup and testing, Duke told the Indiana Utility Regulatory Commission.
PCBs a concern at bankrupt ESI Environmental plant
The EPA says 300,000 gallons of sludge at the firm’s northwest-side site are suspected of containing carcinogenic PCBs. A recent court ruling could expedite clean-up efforts.
Spurned bidder: IURC program may cost consumers $65M
An Indiana Utility Regulatory Commission-mandated initiative to help electric customers cut consumption and save money may wind up costing them $65 million more than necessary. At least that’s the claim of a consulting firm that lost its bid to administer the program.
ExactTarget aims to deliver ads through new channels
E-mail is merely one component of e-mail marketer ExactTarget’s explosive growth of late, which included last month’s announcement of 500 new jobs by 2015. ExactTarget’s software-as-a-service platform has expanded to include mobile devices, Facebook and Twitter.
Indiana life sciences sector copes with shrinking VC pool
Venture funds nationwide crested at $100 billion in 2000, but that number last year had drooped to $18 billion.
Veolia losing water contract, will get $29M termination fee
Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.