The company moved goods for many well-known companies, including Alcoa, General Electric, John Deere, Philip Morris, Procter & Gamble, Target and Walmart.
CEO Paul Svindland said challenges in the trucking industry, along with fallout from what prosecutors allege was a massive accounting fraud engineered by prior management, proved impossible to overcome.
Hopes were high nearly 2-1/2 years ago, when Ambrose was selected to redevelop the GM stamping plant site. But the deal has since fallen apart. Here’s the play by play.
Indiana House Speaker Brian Bosma announced Tuesday that he will retire from his position at the end of the 2020 legislative session after serving his 12th year as speaker and 34th year in the Indiana General Assembly. He is the longest-serving speaker in state history.
The company says the nearly $50 million it’s spent developing technology for new laser weaponry over the past decade is now threatened because of a dispute with a fellow military contractor.
The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment, and that McDonald’s forbids managers from having romantic relationships with subordinates.
The sale was scheduled to take place Thursday and Friday but a clerical error forced the Treasurer’s Office to cancel the event. Nearly 1,200 parcels with minimum bids totaling some $6 million were to be auctioned and will now be available at the rescheduled sale in February—unless the owners pay their delinquent taxes.
Changes are in the works for several city-owned golf courses, after the Indianapolis Parks Department agreed to new, 10-year management contracts that are awaiting approval from the City-County Council.
The regulations are now seen as an obstacle to progress because Medicare has put a premium on coordination among care providers. The complex requirements of the original rules can have a chilling effect on hospitals and doctors working together, officials say.
As a central Indiana resident and chairman of the board of Indiana Trails, I am appalled to learn there were no satisfactory bids to do a complete job of removing the Nickel Plate Railroad tracks, ties and rail spikes, and then rebuild the railroad crossings impacted. Yet, the Hoosier Heritage Port Authority still voted to move forward.
Real estate developers and experts suspect the firm couldn’t get access to enough capital to move forward with the massive, 103-acre development. Opinions are mixed on whether the site should remain intact or be split into multiple projects.
This is the first year that Las Vegas is eligible to bid after the governing body for college sports indefinitely suspended a ban last year that prevented events from being hosted in states that accept wagers on single games.
A team of financial technologists has its sights on a U.S. Department of Education contract that could bring at least 300 jobs to the city and further central Indiana’s role as a student-financing hub.
Salt Lake City-based A&K Railroad Materials Inc. submitted the winning bid out of five bidders who responded to a request for proposals to remove 22 miles of track from Indianapolis to Noblesville and sell the materials for scrap.
After nine years of managing the state’s investments in startups, the not-for-profit Elevate Ventures has had some wins, but more losses—as measured by the number of companies that paid back at least as much as they took in.
The first Democrat has jumped into the 2020 gubernatorial race. Dr. Woody Myers on Wednesday morning said he would focus on education, health care and job creation during the campaign.
