July 1, 2011
Associated PressRobert A. Duncan nudged the door closed this week on his office at the Indianapolis Airport Authority and retired after a
career at the center of one of the largest, long-term civic developments in the city's history.
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June 29, 2011
Associated PressGov. Mitch Daniels on Wednesday marked the 5-year anniversary of the $3.8 billion lease. He said the state is insulated from
any financial problems under the deal it crafted even though an investor group is in danger of defaulting.
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June 28, 2011
J.K. WallShares of Republic Airways enjoyed a 22-percent rocket ride on Monday after a stock analyst gave the beleaguered company an
upgrade and the price of jet fuel continued to moderate.
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June 28, 2011
Ozburn-Hessey Logistics plans to expand its distribution center in the Hendricks County town and create up to 415 new jobs
by 2015. Based in Tennessee, OHL is one of the largest third-party logistics providers in the world.
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June 25, 2011
Chris O'MalleyTwo years after regional carrier Republic Airways Holdings made a gutsy move into the branded airline business by buying Frontier
Airlines and Midwest Airlines, its stock price is down nearly 60 percent.
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June 25, 2011
IBJ StaffThe city of Indianapolis released bids soliciting contractors to repaint, clean and add lighting underneath the overpasses
at Meridian, Pennsylvania and Illinois streets and College and Capitol avenues downtown, and on 10th Street east of the Monon
Trail.
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June 22, 2011
Bloomberg NewsRepublic’s agreement to add the Airbus planes, which have a value of about $7 billion at list prices, comes as it pursues
a $120 million restructuring plan for Frontier after buying the Denver-based airline out of bankruptcy in 2009.
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June 20, 2011
Scott OlsonWest Coast Tacos, which led a mobile culinary trend in Indianapolis last summer, plans to expand into Carmel and Fishers,
as well as Bloomington and West Lafayette, in the next few months.
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June 18, 2011
Corporations staged advances across a variety of industries in 2010 as the economy improved.
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June 18, 2011
Greg AndrewsSome analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's
Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally
feared” and “is more than adequately reflected in the stock price.”
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June 17, 2011
Bloomberg NewsFrontier Airlines pilots overwhelmingly approved concessions that will allow parent Republic Airways Holdings Inc. to pursue
a $120 million restructuring at the unprofitable unit. Indianapolis-based Republic bought Frontier out of bankruptcy in 2009.
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June 17, 2011
Scott OlsonThe plaintiffs claim the city violated the bid process by awarding contracts to companies that didn't meet the requirements.
They're asking for an injunction to prevent the contracts from taking effect.
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June 16, 2011
Bloomberg NewsRepublic Airways Holdings Inc. is counting on pilots approving concessions to kick-start a $120 million restructuring plan
at its Frontier Airlines unit, 20 months after buying the carrier out of bankruptcy.
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June 14, 2011
The goal is to show state lawmakers the support that exists for local funding options that might improve mass transit. Organizers
plan to deliver the signatures when the next legislative session convenes in January.
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June 13, 2011
Scott OlsonA London-based hedge fund sued Brightpoint over a $10 million loan it alleged the Indianapolis-based mobile phone distributor
fraudulently brokered in anticipation of an acquisition that never materialized.
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June 13, 2011
IBJ Staff and Bloomberg NewsRepublic 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.
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June 8, 2011
Chris O'MalleyIndianapolis-based Republic Airways Holdings Inc. has struggled in the transition from a contract-only airline to one that
offers scheduled flights.
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June 7, 2011
Bloomberg NewsMedco Health Solutions Inc., which operates a $140 million automated pharmacy and distribution center in Whitestown, has lost
$3.5 billion in contracts since March.
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June 4, 2011
Chris O'MalleyIndianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official
says.
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June 2, 2011
Associated PressOfficials 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.
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May 31, 2011
Associated PressGeneral 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.
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May 28, 2011
IBJ StaffFreight and passenger rail are subject of long-range planning events.
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May 21, 2011
Chris O'MalleyGroups 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.
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May 21, 2011
IBJ StaffThe battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
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May 20, 2011
Associated PressIn 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.
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So, am I now eating at Patachou or a Shake Shack?
Does the IBJ have any fact to backup their assertion that Steak n Shake is changing their branding? Or are trying to compete with the Star on how many stories they can get incorrect??
The NCAA has the authority to sanction an entire school if a single player is caught receiving unauthorized gifts. In the case of Penn State an assistant coach was sentenced to life in prison after being convicted of numerous felonies on campus, and members of the administration have been charged with covering it up. To suggest that the NCAA had no reason to get involved is laughable.
This image is of a trade show booth, not a retail store. I'm sure no one in their branding brain trust would really make their retail stores look like a second-label jeans brand from JCPenney. I would bet it's done at way so attendees know the ownership of the updated concept. (I have to say, tho, glad they appear to be losing affinity to the 50's drive-in idiom they were toying with post-Young & Laramore...)
I absolutely love the new sign. I've hated Steak N Shake for years now, but this new sign will make me eat there frequently!