Articles

Clark leaves suddenly as airport chief

Recently appointed airport board president Mike Wells said the parting of ways came after he and Clark met Monday afternoon. The move follows an IBJ report on $67,000 in travel expenses for airport executives in 2011, and Wells' plans to tighten oversight.

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Mass transit backers regroup for next year

Despite years of intensive public and politician outreach, a transit bill died in the House Ways and Means Committee in late January by an 11-10 vote. Supporters plan education push, one-on-one meetings.

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FTC asks critics of Express Scripts-Medco deal for ideas

Two pharmacy groups opposing Express Scripts Inc.’s proposed acquisition of Medco Health Solutions Inc. said they were asked by the U.S. Federal Trade Commission to suggest ways to revise the $29.1 billion deal so it wouldn’t harm competition.

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Allison’s private-equity owners to get IPO spoils

When Allison Transmission Holdings Inc. a year ago filed plans to go public, it said some of the proceeds would go toward reducing billions of dollars in debt. But, in an updated filing with the SEC, the company reversed course, saying all of the more than $500 million that’s expected to be raised would go to its private-equity owners.

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EEOC charges Celadon with discrimination

The agency claims the Indianapolis trucking firm subjected job applicants to medical exams and failed to hire qualified driving candidates because of disabilities. Celadon CEO Steve Russell denies wrongdoing.

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