Federal stimulus funds and greenhouse-gas legislation have the potential to spark a green version of the Gold Rush. Many Indiana
firms are retooling to sell products or services that are or might soon be in demand.
Quest Information Systems does the kind of contracting where any screw-ups—even those not necessarily of its own
doing—can bring an unflattering public spotlight. The Indianapolis custom software developer works for politicians
and bureaucrats, a group many businesses seek to avoid.
More emerging life science companies have found life in the form of federal
Small Business Innovation Research grants.
Investors in a company built around clinical research software bought from Eli Lilly and Co. have found their exit, though
it’s far from the lucrative payoff they’d once imagined.
Indianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today. Antonio Galindez, 54, vice president of Dow AgroSciences’ crops business, will step
into the top job.
Indianapolis calendar publisher Time Factory Publishing is launching a Website to compete with photo sharing and publishing
sites Shutterfly and Flickr.
A municipality has filed the first formal complaint against a cable television operator since state telecommunications reform
three years ago unplugged local government oversight of operators.
The Indianapolis Airport Authority, facing a $15 million budget shortfall on declining passenger and cargo traffic, plans to sell the former ATA Airlines Inc. headquarters and might raise parking fees. A memo prepared for tomorrow’s airport board meeting says Indianapolis-based Paul Kite Co. plans to buy the former ATA site at Girls School Road and […]
Indianapolis plans to sell $560 million of municipal bonds to refinance variable-rate debt and to end an interest-rate swap, Bloomberg News reported this morning. Proceeds from the sale will retire three bond issues sold in 2004 and 2005 when Indianapolis bought Indianapolis Water from Merrillville-based NiSource Inc. The proceeds also will help end a bond-swap […]
Federal stimulus money for Indiana highway projects so far has put to work 1,222 people with a payroll of $1.27 million,
according to state records of 42 projects under way in which contractors have reported job data. The work, ranging
from paving to replacing bridge decks, had a total contract value of $39.2 million.
Resigned to inevitable government curbs on their carbon dioxide emissions, about
all Indiana utilities could do was say which poison they’d prefer to swallow. They’re closer to
getting their favorite poison, with the U.S. House passage June 26 of a bill that would create a market
for trading carbon dioxide permits.
Carmel-based mobile marketer Tetherball has deployed a program using
a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
Somewhere out there, a pimply teen-ager is texting away on her phone and working up an appetite for a Brownie Batter Blizzard. The 11-store Dairy Queen franchise owned by Dave Reasner knows this kid has shunned burger and chili-dog offers in the past. But on certain days of the week, she craves Blizzards more than […]
State regulators yesterday granted Indianapolis Water a 12.3-percent emergency rate increase – less than the 17.5 percent sought last February to relieve the utility drowning in variable-rate bond debt. The Indiana Utility Regulatory Commission rate order was critical of the utility’s management, however, and required better disclosure of financial records as a condition of the […]
By purchasing two struggling airlines for which it flies, Republic Airways Holdings is taking aboard substantial risks that
threaten its profitable niche, analysts say. Frontier Airlines and Midwest Airlines are not only leaking money, but fly at
an altitude where major carriers routinely dogfight
in a fare war Republic hasn’t had to fight as a contract carrier.
The Indianapolis Airport Authority board is set to vote tomorrow on a plan to lease 209.5 acres now used as a bat conservancy to Hendricks County Parks and Recreation as a public nature park. The proposed Sodalis Nature Park is west of County Road 975 East, between County Road 750 South and County Road 800 […]
Indianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million
revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments,
which amount to about half of the $25 million in airfield fees generated at the airport, fell
16 percent in the first three months of this year vs. the same period last year.
Indianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments, which amount to about half of the $25 million in airfield fees generated at the airport, fell 16 percent […]
Duke Energy Corp. has struck a settlement with customer groups as part of a regulatory request to upgrade its electric grid, including the use of “smart” electric meters, the company announced today. If approved by the Indiana Utility Regulatory Commission, Duke would begin installing the meters within six months. The Charlotte, N.C.-based utility eventually plans […]
Duke Energy Corp. has struck a settlement with customer groups as part of a regulatory request to upgrade its electric grid, including the use of “smart” electric meters, the company announced today. If approved by the Indiana Utility Regulatory Commission, Duke would begin installing the meters within six months. The Charlotte, N.C.-based utility eventually plans […]
