EDITORIAL: Lots of promising local firms in IPO pipeline
There’s a reason we’re thrilled to see the Indianapolis area is building a healthy pipeline
of firms primed to go public: It bodes well for our economy.
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Articles
Republic aircraft more crowded in May, traffic up
Republic Airways Holdings Inc., which operates Frontier Airlines and does regional flying for other carriers, said Thursday
its planes were much more crowded than a year ago.Slow economy bruises profits of Indiana’s largest public companies
One-time events influenced bottom lines of some of the few companies that made more money in 2009.
Indianapolis International lands direct service to Branson
Houston-based ExpressJet on Sept. 10 will begin four weekly flights to Branson on behalf of Branson AirExpress, the Indianapolis Airport Authority announced Wednesday morning.
WellPoint exec sees health insurer ‘oligopoly’ coming
U.S. health insurers are “moving towards an oligopoly,” a process that this year’s health-care overhaul
will accelerate, the investor-relations chief at WellPoint Inc. said Thursday.FedEx wins dismissal of some claims in drivers’ suit
FedEx Corp. won partial dismissal of a class-action lawsuit brought by contract drivers who contend they are entitled to full
benefits because the company treats them as employees.Former loan officer charged with falsifying documents
Prosecutors say Robert Tolle falsified a construction progress inspection report while at Old National Bank. He faces a maximum
30-year prison sentence and $1 million fine.Time running out for suburban bus service
Transportation planners are scrambling to find federal funds to help pay for the popular commuter routes from downtown
Indianapolis to Fishers and Carmel.ALTOM: Do I need a cell phone that’s hardy or handy?
It’s time to change my cell phone, and that’s causing me a big problem. I have conflicting needs, and like everybody
else in the business world, I can’t seem to reconcile them.Traffic-signal maker flashing red over Indianapolis contract
Domestic vendor who thought “buy American” provision would help it win contract loses out to Taiwanese supplier.
Republic Airways lands $110,000 in federal penalties
Federal regulators say Republic delayed filing financial reports for subsidiaries Chautauqua Airlines, Republic Airline and Shuttle America. it is the second proposed sanction levied against the Indianapolis-based carrier this year.
Indy Racing League signs deal with Verizon
Financial terms of the deal were not released, but industry sources said the multiyear deal is valued at $1 million annually for the open-wheel race series.
IPL identifies locations for electric car charging stations
The utility plans an aggressive rollout of charging stations with the imminent arrival of electric cars, such as the Nissan Leaf, due in showrooms this December.
ChaCha may drop T-Mobile over planned fee
Wireless carrier plans to begin charging a new one-quarter of 1 cent fee on text messages. In response, ChaCha CEO Scott Jones says his company will drop the wireless carrier from its answer service.
Southwest Airlines to buy AirTran for $1.4B
Dallas-based Southwest Airlines would bump Delta Air Lines from top carrier spot at Indianapolis International Airport when it acquires Orlando-based-based AirTran in a deal announced Monday. Southwest/AirTran would have about 33 percent of the Indianapolis market, airport officials said.
Republic’s big moves pay off, but rival airline’s deal poses threat
Republic Airways Holdings not only beat analysts’ second-quarter estimates this year, but also posted a profit. But just weeks after the new player in scheduled service announced those solid results, arch-enemy Southwest Airlines announced it was buying AirTran for $1 billion.
BENNER: Athletic director pushes off-field game plan for IU
After months of discussions, IU Director of Athletics Fred Glass has determined that IU athletics must be defined by a broader culture than simply wins and losses
Frontier could seek marketing deal with major airline
Frontier Airlines may seek a marketing agreement with a major carrier as industry collaboration continues, said Bryan Bedford, chief executive of Indianapolis-based parent company Republic Airways Holdings Inc.
Pact cuts costs for airlines at Indianapolis International
A new agreement brings favorable outcome to negotiations that bottomed in 2007, when passenger carriers complained of footing bill for FedEx Corp.’s airport expansion.
Defunct ATA Airlines awarded $66M in FedEx lawsuit
An Indianapolis jury has returned a $65.9 million verdict against Memphis-based FedEx in a breach-of-contract lawsuit brought in 2008 by now-defunct ATA Airlines.