Articles

SPECIAL REPORT: Indiana companies charge into China

With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.

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Grissom air base to get $7.4 million control tower

An Indiana air base that houses the nation's largest fleet of KC135 four-engine tankers will get a high-tech air traffic control tower next year that supporters say will better serve its growing military, civilian and commercial aviation needs.

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City’s street-paving project to resume as weather warms

Contractors last September began milling worn-out asphalt on downtown streets, but most remained unfinished over the winter, leaving raised manhole covers and uneven pavement. Now work is resuming as asphalt plants are fired back up for the season.

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Auto auctioneer KAR sees quarterly profit surge

Carmel-based KAR Auction Services Inc. announced Wednesday that it pulled in profit of $7.3 million in the three months ended Dec. 31, a 38-percent jump from the $5.3 million earned in the same quarter the prior year.

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Truck stocks signal economic growth

Companies that act as brokers for trucking services are gaining favor with investors as the 20-month-old rebound shifts into a new phase that’s less dependent on inventory restocking.

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Republic takes quarterly loss but beats analyst estimates

Republic Airways suffered a loss in its fourth quarter as its Frontier Airlines business continued to lose money and its contract business with other airlines remained slower than in 2009. But the airline’s performance easily topped expectations of Wall Street.

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