New Denison CEO puts parking firm on growth tear
Perry Griffith, the scion of the Griffith family’s Denison Parking empire, is handing the CEO reins to the executive who helped him expand the Indianapolis company to 10 other states in as many years.
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Lawmaker wants review of specialty plate proceeds
More oversight of Indiana’s specialty license plates is needed to ensure that the groups who benefit spend the money appropriately, according to the chairman of a legislative panel reviewing the plates.
Rising gas prices put a crimp in Americans’ spending
The Federal Reserve this week took steps to boost economic growth. But those stimulus measures are also pushing oil prices up. If gas prices follow, consumers will have less money to spend elsewhere.
Greenwood shoots for upscale I-65 interchange
Greenwood’s leaders plan to be discriminating about what can be built near a new Interstate 65 interchange at Worthsville Road, slated for construction in 2014.
Feds to fund bus between Indianapolis, Plainfield businesses
The three-year service will take riders to Amazon, BrightPoint, Ryder and other big west-side employers.
NW Indiana’s clogged railroads to get $71M upgrade
Northwestern Indiana's congested railroad corridors will see some upgrades with $71 million in federal money to help speed the flow of passenger and freight trains and perhaps help progress on a Chicago-to-Detroit high-speed Amtrak rail route.
Airlines try to cut out middle man with more discounts
Air carriers are offering more deals to passengers who book flights directly on their websites. Frontier Airlines, owned by Indianapolis-based Republic Airways Holdings Inc., is the latest carrier to jump into the fight.
Judge denies airport’s objection to competing parking lot
A Marion County judge has denied a legal challenge by the Indianapolis Airport Authority that would prevent a Cincinnati-based developer from opening a competing parking lot near the airport.
BP pays $1.5M in claims to date in gas recall
BP has paid more than $1.5 million in claims arising from a multistate recall of incorrectly formulated gasoline that damaged some vehicles' mechanical components.
Airport touts generating more than $56M in tax revenue
Property tax isn’t part of the equation, which irritates some Decatur Township residents.
Republic asks FAA for more capacity on Washington, D.C., flights
The airline has asked to use a bigger plane on the route and expand service between Washington and Columbus, Ohio.
Old concrete plant to be razed for road, nature area
Project will serve new Interstate 65 exit, serve as gateway to Greenwood.
Airport may carve up ex-terminal property
Indianapolis International Airport managers say they haven’t given up hope that a single, mega-sized tenant could create an economic development boon at the site abandoned nearly four years ago when the midfield terminal opened. But the latest listing of redevelopment sites shows the former terminal complex being marketed in pieces.
Republic aims for American’s regional flights
Regional airline Republic Airways hopes to take advantage of American Airline's bankruptcy and pick up some flying on behalf of the carrier.
Commuter subsidies often go unnoticed
In a dark little corner of the tax code known as Section 132(f), the IRS lets employers provide tax-free benefits—typically, payroll deductions and/or subsidies—to employees for commuting costs. That includes vans, buses, bikes, trains, and even parking. And both parties can save, since they’re not getting dinged for their respective taxes on the amount of the benefit.
Carbon Motors still part of plan to revive Connersville plant
The maker of high-tech police cars would occupy about a third of the plant if buyer of facility makes good on $4 million purchase offer.
Ex-concrete plant to be razed for Greenwood nature area
A former concrete plant in Greenwood faces the wrecking ball to make room for a wider road. The city plans to raze the former Prairie Materials concrete plant so it can turn Worthsville Road into a major boulevard that can handle traffic from a planned Interstate 65 exit.
Work begins on $2.6B Ohio River bridges project
Indiana and Kentucky officials applauded the ceremonial start Thursday of an early phase of a project to build two new Ohio River bridges, signaling that decades of talk soon will become one of the nation's largest active public works endeavors.
FedEx Ground eyeing Zionsville for distribution center
FedEx would bring a distribution complex to Zionsville under a tax increment financing deal hammered out with town redevelopment commission members on Wednesday.
BP says dozens of local stations sold tainted gasoline
BP says the size of its gasoline recall is now more than twice as large than previously reported, with 4.7 million gallons distributed over the past week to about 200 gas stations as far as southwestern Ohio and southern Indiana.