Articles

Blighted area eyed for revitalization-WEB ONLY

A proposed passenger rail line between downtown and Noblesville has drawn applause from Hamilton County commuters enduring highway congestion. But local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize what lies on the other end of the line: Marion County’s biggest concentration of brownfield sites and impoverished urban […]

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IPL wins retiree benefit dispute

Indianapolis Power & Light could have been on the hook for more than $100 million in retirement benefits, but a ruling this month by the Indiana Utility Regulatory Commission allows IPL to keep the money.

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IPL wins retiree benefit dispute-WEB ONLY

Indianapolis Power & Light could have been on the hook for more than $100 million in retirement benefits, but a ruling this month by the Indiana Utility Regulatory Commission allows IPL to keep the money. IPL prevailed against a claim by retirees who wanted the utility to pay up to $115 million to back-fund a […]

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A warm and fuzzy idea-WEB ONLY

In a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech. Its founders-Mark Kyker and Steve Isenberg-are medical doctors, not university or Fortune 500 scientists. And its latest product is nothing more than a warm blanket. As unremarkable as it sounds, the blanket has the potential to […]

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Chrysler seeks termination of 3 Indy dealerships-WEB ONLY

Chrysler LLC has asked a federal bankruptcy court in New York to terminate the franchises of three of its Indianapolis dealerships and 17 others in Indiana, according to records the automaker filed in court today. Axed locally would be Palmer Dodge Inc., 4545 E. 96th St.; Palmer Dodge West, 5051 W. Pike Plaza Road; and […]

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Sides square off over big rate hike-WEB ONLY

Customer groups say an 18-percent rate hike sought by the Indianapolis Department of Waterworks is excessive even for a utility drowning in variable-rate bond debt that’s swelled since financial markets collapsed. The Indiana Utility Regulatory Commission is weighing the department’s request filed in February to tap customers for an additional $22 million in the wake […]

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Dealer closes Saab locations, adds VW, Subaru-WEB ONLY

Central Indiana’s only Saab new-car franchise has closed its stores in Fishers and Indianapolis. Saab dealer Bob Falcone, however, has acquired the former Duke Gold Speedway Volkswagen Subaru dealership at 1930 W. 16th St. in Indianapolis, which will also service Saab cars. The VW-Subaru dealership closed abruptly last November after Gold’s death. Falcone closed Indy […]

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Top logistics execs draw road map for industry

On the menu of Indiana’s economic development initiatives, the logistics industry has had all the appeal of truck stop coffee.
Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating. Logistics, however, is cooking up a new strategy.

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ChaCha co-founder dancing to different drum

ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.

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Grad students dream up plans for mass transit

Architecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling
than the Central Indiana Regional
Transit Authority’s principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running
a diesel commuter train atop the old Nickel Plate Railroad corridor.

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Dreaming of mass transit-WEB ONLY

In the future, a passenger boards a commuter train in Noblesville that minutes later stops near 56th Street and Keystone Avenue. Here, a semicircle of eco-friendly high-rises hovers above a grassy plaza bordered by canals. At the next stop, another new community has sprouted just east of the Indiana State Fairgrounds, along Fall Creek. Amid […]

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ChaCha partner dancing to different drum-WEB ONLY

ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. “Brad is still engaged with the company as a director, co-founder and consultant,” said co-founder and CEO Scott Jones. There are no […]

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