Lyft’s IPO raised more than $2 billion to use in its heated competition with Uber to woo riders. Uber is expected to make an even bigger splash when it completes its IPO later this year.
IndyGo says the electric buses it intends to use on the Red Line have been unable to run the 275 miles on a single charge that was promised by manufacturer BYD Ltd.
The Federal Aviation Administration plans changes after the two deadly crashes of Boeing's new 737 Max raised questions of whether the FAA has gone too far in letting companies regulate themselves.
The city has approved a scooter license for Spin, which was acquired in November by Ford for upwards of $100 million and is planning to launch in 100 other cities.
The challenge will solicit community ideas for tackling local mobility problems and award one or more finalists with $100,000 to implement pilot tests of their ideas.
The low-cost carrier is a newcomer to Indianapolis, launching service to Las Vegas and Orlando this week. Spirit plans to begin service to two more destinations this fall.
The third-party logistics company said it plans to increase its workforce by 50 full-time workers over the next five years.
The airport’s board is set to vote Friday on concessions contracts for the burger chain and 11 other local and national airport newcomers. In all, the contracts cover 19 food and beverage spots.
Allison Transmission Holdings Inc. announced Thursday that it plans to build a multimillion-dollar vehicle-testing facility in Speedway that will be the only one of its kind in the Midwest.
Growth in international airline traffic, fuller planes and the addition of 500 flights by Allegiant Air helped led to record passenger traffic at Indianapolis International Airport in 2018.
The ordinance as originally proposed included a controversial provision that would have reversed the city’s ban on digital billboards, but the provision was removed earlier this month.
The ordinance, if passed Monday night, will make several big business-sign changes that some residents say have been flying under the radar throughout the approval process.
The city of Fishers has released a study that says constructing a trail on the Nickel Plate Railroad corridor would cost at least $20 million more if the development maintained a rail line alongside the trail.
The company said in a statement the closure would help it “reduce complexity, improve efficiency and enhance customer service.”
The online retail giant announced plans Monday to make half of all its shipments carbon neutral by 2030.
Critics of Indianapolis’ 2010 decision to turn over operations of its parking meters to a private consortium have been counting down the years until their first opportunity to exit the deal.
House Bill 1365, authored by Indianapolis Democrat Justin Moed, removes the existing state law from 2014 that bans light-rail mass-transit projects in Indianapolis.
Supporters are fighting for continued public funding of the Indianapolis-to-Chicago rail service—even as they acknowledge the route’s travel times and ridership levels need improvement.
The Bill Estes Auto Group, which launched its first dealership 43 years ago, confirmed Wednesday it has agreed to be acquired by publicly traded Asbury Automotive Group.
The goal is to preserve or spur development of 1,000 affordable housing units within close distance of an Indianapolis transit stop over the next five years.
