The plaintiff says he was harmed financially because he purchased Celadon stock at “artificially inflated prices.” The company’s shares declined after allegations of misleading statements and a federal probe.
Jeff Line, the parking company’s executive vice president and chief operating officer, will take over as president May 1.
Indiana House Speaker Brian Bosma said the deal hits the "sweet spot" of both chambers' priorities.
Carmel-based KAR Auction Services Inc. said the acquisition of Chicago-based startup CarCo Technologies Inc., which does business as Drivin, will beef up its technology capabilities.
A private equity firm has purchased a stake in a local family-owned company with operations across the country as its two founders retire and the next generation takes the helm.
The change comes after a passenger, Dr. David Dao, was dragged from a fully-booked United Express flight in Chicago because he refused to give up his seat to make room for crew members
The project will eliminate three of the five existing travel lanes from 116th Street to Main Street, add roundabouts at intersections, install a landscape median through the corridor and put multipurpose paths on both sides of the road.
The owners of the popular miniature golf course, arcade and party-hosting facility have sold the property along busy State Road 37 to a buyer who plans to open a used-car business.
Each company is expected to have equal ownership of the joint venture, which will focus on medium- and heavy-duty automated transmissions.
A bill that would prevent Hoosiers from buying cars directly from auto manufacturers passed the Indiana Senate on Thursday with no changes. The bill was amended earlier this session to eliminate Tesla Motors from the ban.
That’s important for Indianapolis International, where cargo represents a significant portion of landing weight. And landing fees that airports charge carriers are weight-based.
The measure likely will head next to a conference committee where differences with a House version can be ironed out.
United Parcel Service Inc. is making one of the biggest shipping-time changes in its 109-year history. Saturday deliveries will begin next month in 15 metropolitan areas, including Indianapolis.
The Indiana Department of Transportation this month released plans detailing the location of interchanges along the final leg of Interstate 69, information that’s expected to spark investment.
Alaska announced late Wednesday that it will retire the Virgin brand, probably in 2019, adding that name to a list of airline brands including Continental and US Airways that disappeared in the past decade.
Train, trail or both? That’s the debate in Hamilton County involving officials from Fishers and Noblesville and the Indiana Transportation Museum.
Despite several attempts to break into industry over almost a decade, the company has struggled to entice shoppers en masse to buy eggs, steaks and berries online the same way they’ve flocked to buy books, tablets and toys.
Holladay Properties is expected to find development opportunities for 266 acres of unused airport land just south of West Washington Street.
The proposal says spinning off air traffic operations from the Federal Aviation Administration and placing them under an “independent, non-governmental organization” would make the system “more efficient and innovative while maintaining safety.”
President Trump’s federal budget plan, released Thursday, proposes cuts to the Federal Transit Administration program that would fund the $75 million Red Line grant.
