A 2000 study has proven to be "remarkably prescient" in identifying information technology as a mainstay of the local economy that would "affect
all industries and all jobs," said Michael J. Hicks, the top economist at Ball State University.
The city’s Republican administration is getting green from a prominent Democratic family to support an environmental initiative ranging from energy-efficient city buildings to bicycle paths. The McKinney Family Foundation has created a fund to support initiatives of Mayor Greg Ballard’s 3-month-old Office of Sustainability. The McKinney family, led by former First Indiana Bank head Robert […]
When Indiana University President Michael McRobbie and Purdue University counterpart France Córdova announced their Indiana Innovation Alliance in June, the leaders promised the pact would bring unprecedented cooperation between the state’s top research institutions. They’d share research facilities and capabilities with each other and with bioscience companies that covet access to a mass spectrometer or […]
Lake County didn’t want Indianapolis-based Agresti Biofuels LLC, but Vietnam has just issued a warm welcome. Agresti, an ethanol-making venture that includes big Indianapolis engineering firm RW Armstrong, has signed an agreement with Vietnam’s Phuc Yen Co. to build and operate ethanol facilities in Vietnam. Agresti’s venture will produce ethanol from landfill waste in Vietnam […]
U.S. District Court Judge Larry J. McKinney is threatening to suspend counsel for Duke Energy, including its local attorneys,
from practicing in federal court after finding they misled Indianapolis jurors last May in a trial over air-pollution violations.
Any hopes that hometown airline ATA would make a comeback and eventually resume scheduled service from Indianapolis were dashed
April 2, when it filed for bankruptcy and ceased operations.
A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three
months of the state’s new fiscal year.
Indianapolis Ford dealers John Pearson and Ray Skillman will be among the 300 domestic dealers
of Mahindra trucks and SUVs when the company makes its U.S. passenger car debut as early as next summer.
St. Francis Hospital-Mooresville is seeing higher-than-projected use of a newly added emergency department that has firmed
up its status as a full-service hospital.
Indianapolis-area auto dealers kept their ears open this morning for news of how the Bush administration would react to Congress’ failure to reach a rescue package for Detroit automakers. Shadeland Dodge owner Kevin Beltz, despite darting through the service department on his way to a manager’s meeting, managed to catch a few details from TV […]
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on
for dear life this time around, portending a shakeout among Indiana’s 520 dealers.
If "Aerophare" gets off the ground, downtown visitors will literally be riding up and down in a balloon, within
a 20-story, helical tower in White River State Park.
Southwest is striking a deal to acquire ATA’s valuable landing slots at LaGuardia
and most of the dying airlines’ remaining assets for $7.5 million.
The Metropolitan Development Commission has given city planners the green light to seek an expedited study that would provide
a clearer picture of what a comprehensive regional transit system could look like and how much it would cost.
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
Private employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.
In the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.
If certain people in Hancock County have their way, one of the fastest-growing new industries here could be adult education.
The new, $1.1 billion terminal at Indianapolis International Airport likely won’t house as many airport employees as the existing
facility. Instead, portions of the terminal are being set aside for their revenue-generating potential.
In the last two months, the Indianapolis Airport Authority board has approved spending at least $850,000 toward grand-opening
parties for the new airport terminal and events in the form of contracts with caterers, event planners and public relations
firms.
