40-foot molecule sculpture going up along I-70
An Interstate 70 ramp in downtown Indianapolis is expected to be shut down for several days so that a 40-foot metal sculpture of a molecule can be built.
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Ex-airport CEO getting lofty departure pay
Globetrotting John Clark, who stepped down from his job March 19, will receive $270,000, plus unearned vacation days, as part of his severance package from the Indianapolis Airport Authority.
Entrepreneurs see early success with new liqueur
Blue MF is a vodka-and-rum-based liqueur concocted by three Indiana University fraternity brothers turned entrepreneurs. Their firm, Indianapolis-based More Fun Liqueur, launched its signature drink in October and now is seeking investors to help fund expansion.
IndyGo ridership climbs to 20-year high
The underfunded system accommodated 27 percent more passengers in January and February than in the same months last year.
Despite high jobless rate, trucking firms fight driver shortage
Trucking companies, including Indianapolis-based Celadon Group Inc., are struggling to find qualified drivers even as the U.S. unemployment rate remains at the highest level in almost 30 years.
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.
Indiana school district expected to end bus fees
A cash-strapped Indiana school district that angered parents by turning its buses over to a not-for-profit that began charging for children to ride will likely end that practice soon.
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.
Drive to boost highway funding is run off road
Indiana would have received nearly $300 million in additional funding if the proposal by Sen. Dan Coats had been successful.
Indiana says it can’t afford to add seat belts to buses
A state education official said Monday's accident was the first fatality of a school-age child riding or getting on or off an Indiana school bus since 2009.
County commissioner pushes to invalidate I-69 vote
A Monroe County commissioner is pushing to invalidate a Bloomington planning panel's vote that added a contentious section of the Indianapolis-to-Evansville Interstate 69 extension to the group's local highway plan.
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.
Bloomington officials narrowly OK I-69 extension
A Bloomington planning panel voted narrowly Friday to back off its opposition to a section of the Interstate 69 extension from Indianapolis to Evansville that would pass through Monroe County.
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.
Airport execs’ globetrotting sparks scrutiny
Indianapolis Airport Authority CEO John Clark and two key officers spent more than $67,000 last year on travel that included extended business trips to Brazil, Denmark, Greece, Morocco and Switzerland.
Fuel prices wreak havoc on Republic Airways turnaround
If the cost of aircraft fuel continues to approach $3.50 a gallon, 2012 fuel costs for the company's Frontier unit fuel will end up $40 million higher than the business plan.
Ohio River bridge plan calls for tolls on 3 spans
The governors of Indiana and Kentucky on Monday agreed to use tolls to pay for two new Ohio River bridges and a revamped Interstate 65 bridge over the river, all in the Louisville metropolitan area.
BrightPoint making local employment cutbacks
BrightPoint Inc. has laid off an undisclosed number of its local employees and decided not to fill another 120 open positions, the Indianapolis-based company acknowledged Thursday.
Reverse-commuter lines to roll to Hendricks, Hamilton counties
Employers in Hamilton County and Hendricks County may find it easier to attract workers from Marion County, with the planned launch of a “reverse commuting” bus service.
Republic to cut Chautauqua costs to counter fuel prices
Republic Airways Holdings Inc. plans to seek reduced rates from aircraft lessors and vendors in order to cut expenses at its Chautauqua Airlines, where higher fuel prices have made the unit’s smaller jets too costly to operate.