Sports car maker plans production at Purdue business park
A British company is planning to build what it calls the fastest street-legal cars in the United States at Purdue University's research and business district.
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Indianapolis International Airport seeks to add ‘first class’ terminal hotel
The Indianapolis Airport Authority board has asked developers interested in building the project to submit responses by the end of June. Plans a decade ago to build a $50 million Westin at the airport were scuttled by the Great Recession.
New historical marker honors Speedway’s WWI aviation role
A U.S. Army opened the depot in early 1918 to capitalize on the area’s strategic position near military airfields, railroads and industry.
Air carriers have done great job boosting safety
Before a recent death on a Southwest Airlines flight, the last time someone died as a result of an accident on a U.S. carrier was nine years ago, when a commuter plane, Colgan Air Flight 3407, crashed into a house while trying to land in Buffalo, New York, killing 50 people.
Before landing Infosys, airport authority passed on several proposals
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city’s west side.
Hospitality hotbed serving airport picking up two more hotel properties
The impending arrival of the full-service Embassy Suites with convention and banquet facilities may have attracted yet another hotelier to the critical mass of operators just west of Indianapolis International Airport.
Trucking firm Celadon offered $200M loan in exchange for fifth of company
The struggling Indianapolis-based company said it has arranged a much-needed loan but must give up a major ownership stake and board seats to receive it.
Indiana man to auction Corvette pace car collection in Indianapolis
The cofounder and chairman of Fort Wayne-based Steel Dynamics Inc. is planning to sell his 16-car collection in one package.
Amazon’s reveals its Prime service has 100 million members
CEO Jeff Bezos quantified the size of Amazon’s Prime membership for the first time Wednesday. Amazon launched the service 13 years ago as a way to foster customer loyalty.
Death on Southwest plane shatters record U.S. safety string
Almost 100 million U.S.-operated airline flights, carrying several billion people, had taken off and landed safely in this country over a nine-year span since the last time a passenger died in an accident.
State awards contract for widening Interstate 69 in central Indiana
State officials have awarded a $79 million contract to widen a section of Interstate 69 to six lanes northeast of Indianapolis.
Allegiant Air under fire after ’60 Minutes’ safety report
Allegiant, which opened a $40 million aircraft base at Indianapolis International Airport in February, experienced more than 100 serious mechanical incidents from January 2017 to October 2017, the TV news show reported.
Construction begins on $16M Lowes Way connection project
Hamilton County breaks ground Friday on the Lowes Way Connection, which will link 146th Street drivers to southbound Keystone Parkway.
Could warehouse robots replace workers? The answer is mixed.
The number of warehousing and storage jobs in central Indiana has more than doubled since 2001, both in numbers and as a percentage of total local jobs.
Report: Airlines improve in key areas except delays
U.S. airlines are getting better at many things except getting you to your destination on time.
Agreement puts tourism train excursions on track in Hamilton County
The Hoosier Heritage Port Authority and Nickel Plate Heritage Railroad Inc. have approved a 15-year operating agreement, making way for the new Nickel Plate Express tourism rail line to begin offering rides this year.
Indianapolis joins cohort of big cities exploring cutting-edge transportation ideas
City leaders will collaborate with officials from 21 other major municipalities to share best practices with a focus on creating transportation hubs and reshaping the use of right-of-way and curb space.
Firm launched by Purdue students aims to go where no man has gone before
Five 20-something-year-old entrepreneurs affiliated with Purdue University are pioneering technology involving rockets, satellites and hot air balloons that has gained far-reaching interest from an eclectic set of potential clients ranging from New Zealand sheep herders to oceanic pirate hunters.
Zero-percent auto loan era fading into America’s rearview mirror
Carmakers that used zero-percent financing offers to juice sales at the height of the American auto boom are starting to abandon them as rising interest rates lift their own borrowing costs.
Celadon’s financial-reporting issues much worse than expected
An internal probe found Celadon overstated earnings by as much as $250 million from 2013 to 2016. The local trucking company said it will be delisted from the New York Stock Exchange.