Republic Airways Holdings Inc. agreed to seek new investors for Frontier Airlines, shrinking its stake to become a minority owner, in exchange for concessions from pilots at the unprofitable carrier.
Indianapolis-based Republic Airways Holdings Inc. has struggled in the transition from a contract-only airline to one that offers scheduled flights.
Medco Health Solutions Inc., which operates a $140 million automated pharmacy and distribution center in Whitestown, has lost $3.5 billion in contracts since March.
Officials who want to build two new bridges over the Ohio River and redo a downtown interchange announced Thursday that they've found ways to cut the cost of the project by more than $1 billion.
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
General Mills Inc. announced Tuesday it would spend $36 million in building the new distribution center in Fort Wayne and potentially add 65 jobs by the end of 2012.
Freight and passenger rail are subject of long-range planning events.
In a poll about the cost of gasoline, 71 percent said rising prices will cause some hardship for them and their family, including 41 percent who called it a "serious" hardship.
The battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
Groups that perennially press the Indiana Department of Transportation to broaden its vision of mobility beyond highways now accuse the agency of “significant ineptitude or willful disregard” in eliciting public input.
The Minneapolis-based appliance and electronics retailer plans to close the facility by the end of March. Employees will be terminated in phases beginning in July.
Indiana highway officials are trying to sort out the impact of a Bloomington-area group's decision not to include a section of the $3 billion Interstate 69 extension in its local highway plan.
A proposed ordinance would crack down on “predatory” towing practices by requiring tow-truck operators to adhere to several rules meant to protect consumers.
Brightpoint Inc. will add 100 jobs in Plainfield as it moves its Touchstone Wireless operations from Bristol, Tenn., the company announced late Tuesday afternoon.
CurbsideValet is on the north end of the terminal, along the departure-level curb.
Oil prices are affected by the demand for petroleum products, the available supply of oil, the value of the currency in which it is denominated, and uncertainty about future supply or demand.
Toyota Motor Corp. says North American production will rise to 70 percent of normal in June as the company begins to recover from parts shortages caused by the earthquake in Japan.
Amazon.com plans to open a third large distribution center in central Indiana this summer that will employ hundreds of workers, the company said Monday morning.
Opponents say bridges along the new, 142-mile highway extension would worsen flooding in southwestern Indiana.
Last year’s Mecum auction at Indianapolis reported gross sales of $41.7 million and drew more than 30,000 people.
