Brightpoint boosts revenue, profit
Brightpoint Inc. on Wednesday reported second-quarter revenue of $788.6 million as the Indianapolis company continued to grow
its share of the wireless device distribution business.
Transportation
Articles
Republic Airways profit dips despite higher revenue
The 2009 acquisition of Frontier and Midwest airlines more than doubled second-quarter revenue for Indianapolis-based Republic
Airways Holdings Inc., the company said late Tuesday, but profit fell because of additional expenses.
Seven cab companies denied licenses
The city of Indianapolis’ Department of Code Enforcement rejected the applications largely because the companies didn’t have
a dispatch facility or didn’t have employees to staff a facility.
Celadon reports higher quarterly, fiscal-year profit
CEO Steve Russell attributed the improved earnings to a recovering freight environment, coupled with a decrease in
competition. Celadon also is benefiting from increased trade with Mexico.
Upgrades planned for Auburn classic auto auction
The new owner of a long-running classic car auction in northern Indiana has announced plans to finish $1.5 million in improvements
to the facility before running its traditional Labor Day weekend sale for the first time.
Wishard Health Services rewards carpoolers
Landing the best parking spot doesn’t always require getting a big promotion.
Expedited security returns to Indianapolis International
iQueue promises faster travel through security checkpoints. Participants pay $169 a year and get biometric identity card.
BP: Hayward out as CEO
BP PLC says Tony Hayward will step down as chief executive officer on Oct. 1, to be succeeded by American Robert Dudley.
American could take over Britain’s BP in wake of Gulf oil spill
The man overseeing the much-maligned response by BP PLC to the Gulf oil spill crisis is the likely choice to replace gaffe-prone
Tony Hayward to run the company and would become the first American to ever head the oil giant.
Key city highway to be closed for beautification project
Commuters and truckers could get an all-day headache when Interstate 70 closes in October to allow Eli Lilly and Keep Indianapolis
Beautiful to spruce up part of the city.
‘Landstory’ name opens new chapter for firm
Moniker reflects ownership change years earlier, better description of company's focus.
Opponents claim I-69 extension a drain on other road projects
Some opponents of the Interstate 69 extension says it’s not too late to kill the project even
though concrete has been poured for two miles in southern Indiana, and another 60 miles or so is under construction or in
an engineering phase.
Daniels criticized for lopping costs on I-69 extension
Detractors of new-terrain route say cost cuts undermine economic development premise for extending the interstate.
Building demolition to begin along Interstate 69
Bulldozers await an office complex that previously served as headquarters to August Mack Environmental. It’ll be the first
building demolished along Interstate 69 to make way for highway expansion.
Grocery distributor to reopen Bloomington warehouse
A wholesale grocery distributor is planning to move into a vacant warehouse in southern Indiana and potentially hire 60 workers.
LEADING QUESTIONS: Telamon CEO adopts unorthodox style
Albert Chen, founder of Telamon Corp., revels in a messy desk, espouses
the benefits of humility, and admires Warren Buffett.
Drivers paying more to use Indiana Toll Road
It's the second rate increase since the state leased the Toll Road to a private company, and Thursday's price jump
won't be the last. The state's lease with the private company allows tolls to go up every July after next year.
Smart plug-in is audibly different from conventional model
The future of electric-powered automotive transportation is already sitting in the showroom of the Indianapolis Smart car
dealership at 4000 E. 96th St. It’s a European version of the plug-in Smart.
Central Indiana aims to become electric vehicle powerhouse
Central Indiana might be in line to tap hundreds of millions of dollars in federal grants and loan guarantees to energize
the rollout of plug-in electric cars and trucks. Both chambers of Congress are considering measures that would require the
Department of Energy to select up to 15 cities nationwide to participate in a national electric vehicle deployment program.
Toyota says 270,000 vehicles have faulty engines
Luxury Lexus sedans have potentially faulty engines, in the latest quality issue to confront the Japanese automaker after a string of massive recalls.