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Articles

New deal could save Indiana-made Hummer-WEB ONLY

June 2, 2009

General Motors Corp. said today that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for bankruptcy protection with hopes that it will transform its most profitable assets into a new company within just 30 days. The Detroit-based company did not name the proposed buyer or the price, […]

LOS makes World Cup cut

June 16, 2009

Lucas Oil Stadium has made the short list for the 2018 and 2022 FIFA World Cup soccer tournament. Well, the one-year-old retractable-roof stadium actually made a shortened list.

The list this week of possible…

City still on list of possible World Cup hosts-WEB ONLY

June 17, 2009

Lucas Oil Stadium has made the cut of stadiums to be considered for a U.S. bid to host the 2018 and 2022 World Cup soccer tournaments. The list this week of possible sites to be included in the U.S. bid was trimmed from the original 58 candidates released in April to 45 sites in 37 […]

City still on list of possible World Cup hosts-WEB ONLY

June 17, 2009

Lucas Oil Stadium has made the cut of stadiums to be considered for a U.S. bid to host the 2018 and 2022 World Cup soccer tournaments. The list this week of possible sites to be included in the U.S. bid was trimmed from the original 58 candidates released in April to 45 sites in 37 […]

City deal would cost CIB-WEB ONLY

June 20, 2009

The Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations center in part by acquiring an adjacent parking garage for $18.5 million. […]

$65M development deal would cost Capital Improvement Board

June 22, 2009

The Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million
public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations
center in part by acquiring an adjacent
parking garage for $18.5 million.

Lilly making bid for animal health business-WEB ONLY

July 13, 2009

Indianapolis-based Eli Lilly and Co. and four of its peers have to submit second bids this week in a scramble to acquire the animal health businesses of two other drugmakers, Merck & Co. Inc. and Schering-Plough Corp. The final decision on who gets what and at what price is expected by the end of July, […]

Judge approves Republic’s plan to buy Frontier-WEB ONLY

July 13, 2009

A bankruptcy judge has approved a plan by Indianapolis-based Republic Airways Holdings to buy Frontier Airlines, although other bidders could still come forward. Frontier Airlines Holdings Inc. spokesman Steve Snyder said the judge approved the plan at a hearing today in New York. Republic, a regional carrier that currently flies for other airlines, is offering […]

Indianapolis golf course contracts up for bid

July 17, 2009

Mayor Greg Ballard’s
administration is requesting proposals to manage all but one of Indianapolis’
13 municipal courses.

Southwest bid for Frontier could be in trouble

August 13, 2009

Southwest Airlines Co.’s bid for Denver-based Frontier Airlines Holdings Inc. may have hit turbulence, according to the Dallas
Morning News.

Denver group trying to lure Republic Airways HQ

August 24, 2009

Indianapolis-based Republic Airways Holdings Inc. and Southwest Airlines Co. will battle it out in a bankruptcy court auction
today for the rights to acquire Denver-based Frontier Airlines Holdings Inc.

Southwest bids $170M for Frontier Airlines

August 24, 2009

Southwest Airlines Co. said today it’s bidding $170 million to buy Frontier Airlines Holdings Inc. out of bankruptcy protection,
surpassing an earlier bid of $108.8 million by Indianapolis-based Republic Airways Holdings Inc.

Republic, Southwest duel for Frontier

August 24, 2009

Republic Airways Holdings Inc. is nearing judgment day in its battle with Southwest Airlines Co. for ownership of Frontier
Airlines Holdings Inc.

Indiana lawmakers to discuss Sunday alcohol sales ban

September 15, 2009

Supporters and foes of repealing Indiana’s ban on Sunday take-out alcohol sales plan to make their case before a group of
lawmakers.

Australian owner abandons efforts to sell Chase Tower

September 17, 2009

Macquarie Office Trust of Sydney has quietly pulled the 48-story Chase Tower off the market, along with a property in Boston and a property in Denver that failed to draw juicy enough offers.

Consultant: Indianapolis water utility lax in overseeing Veolia

October 15, 2009

The city too often relied on the Department of Waterworks’ board, on consultants and on the private
operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient
operation, maintenance and management” of Indianapolis Water. That’s one of several critical
findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request
pending before the Indiana Utility Regulatory Commission.

Center Township seeks redevelopment bids for former YMCA

October 28, 2009

The owner of the vacant former Fall Creek YMCA along West 10th Street is seeking bidders interested in tearing down the building
and redeveloping the prime 2-acre site.

Trustee seeks bids for former Fall Creek YMCA branch

October 28, 2009

The owner of the vacant former Fall Creek YMCA along West 10th Street is seeking bidders interested in tearing down and redeveloping
the prime 2-acre site at 860 W. 10th St.

Health insurer Anthem’s market share swells

October 29, 2009

Indianapolis-based WellPoint Inc.’s Anthem Blue Cross and Blue Shield subsidiary claimed 42.5 percent of central Indiana residents
covered by private health insurance
this year, up from 35-percent last year, according to a market research firm.

State rejects high bid for 19-acre parcel near downtown

October 30, 2009

The Indiana Finance Authority declined to sell a 19-acre development parcel between the White River and Fall Creek near downtown Indianapolis after it received only two bids at an auction Thursday.

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