Private jets luring buyers again, even at average cost of $9.7M
Private-jet buyers are coming out of hiding, encouraged by expanding businesses and lower corporate tax rates.
Transportation
Articles
Council approves spending $10.8M on equipment, workers to maintain streets
The proposal, approved unanimously, will allow the Department of Public Works to purchase equipment as well as hire an additional 36 people, or six crews, to perform street maintenance work.
I-69 widening, repaving work nears start in central Indiana
Construction work should be starting soon on a project that will widen or repave a 14-mile section of Interstate 69 northeast of Indianapolis.
Indiana to study the possibility of interstate tolling
The state is required to study interstate tolling options under the 2017 road-funding plan, which raised gas taxes.
Investigators expand list of states potentially affected by melon recall
As it continues to investigate a salmonella outbreak linked to pre-cut melons from an Indianapolis-based fruit distributor, the U.S. Food and Drug Administration has added 15 states to the list of potentially affected states.
Musk company picked to build Chicago-to-O’Hare express transport
The proposed transportation system would whisk people between downtown Chicago and O'Hare International Airport at speeds of up to 150 mph.
Five Indiana airports getting combined $13M in runway grants
The U.S. Department of Transportation announced Wednesday the grants are among $677 million in airport infrastructure grants the Federal Aviation Administration is awarding nationally.
Longtime entrepreneur sets sights on storage industry
Longtime local entrepreneur Jim Sapp is revving up for expansion of his latest venture: Commercial Self Storage, a company geared to business customers.
IU Health hopes new robotic warehouse saves it millions
The Indianapolis-based system has spent $9 million on the “high-tech integrated service center,” but hopes to save up to $3 million a year through standardizing inventory, ordering in bulk at a discount, and streamlining delivery routes.
Firm behind BlueIndy car-sharing service running into trouble in Paris
Paris Mayor Anne Hidalgo is considering early termination of the firm’s contract with the city, amid widening losses and criticism that the vehicles are poorly maintained and dirty.
Hogsett backs Rethink I-65/I-70’s position on north-split project
Both the mayor and the Rethink coalition are urging state transportation officials to do a more comprehensive study of options for the $250 downtown interchange project.
Airport sets monthly records for passenger traffic
Indianapolis International Airport experienced record-breaking passenger traffic in January and March, airport officials announced Friday.
Anthem seeks to use downtown green space for 60-space exec parking lot
The insurer is asking for a zoning variance to install a fenced-in lot covered by solar panels on a grassy space off Virginia Avenue.
Honda, GM to develop electric vehicle batteries together
The companies will collaborate based on GM’s next-generation battery system, both sides said, mainly for the North American market.
State Road 37 revamp still a year away, but prep work has begun
The $124 million project will turn the highway into a freeway from 126th to 146th streets.
Civic leaders launch push to meld transit, technology
The Central Indiana Personal Mobility Network is in its early stages. But the general idea is to use technology, including a smartphone app and other tools, to make it easier for people to use IndyGo and other local transportation options, including Blue Indy electric-car sharing, Indiana Pacers Bikeshare, Uber, and Lyft.
Frontier adding year-round nonstop flights from Indy to San Diego
The twice-weekly flights will depart Indianapolis International Airport on Mondays and Fridays starting Aug. 13.
Farmers struggle with growing suburban traffic
In suburban Indianapolis, the roads farmers have used for decades to reach their fields have become increasingly busy.
ClusterTruck food-delivery service expanding HQ, planning to add 125 jobs
The Indianapolis-based founded by tech luminary Chris Baggott recently agreed to take the entire seventh floor of the J.F. Wild Building on Market Street.
EPA sends White House revision on fuel economy standards
The proposal is widely expected to scale back future fuel economy rules for cars and trucks. EPA administrator Scott Pruitt has criticized Obama-era standards, saying this spring they were “too high.”