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Indianapolis-based Republic Airways Holdings plans to acquire Midwest Airlines for $31 million, the local airline announced today. Republic will buy Milwaukee-based Midwest from TPG Capital, a Fort Worth, Texas-based private equity firm. The transaction is subject to regulatory approvals and is expected to close in four to six weeks. Republic will pay TPG $6 million […]
Kokomo Mayor Greg Goodnight will travel to Italy next month for meetings with executives of Fiat Group, which now controls Chrysler and its four factories in his city. A city spokesman said Goodnight expects two days of meetings with Fiat executives and hopes to meet with other businesses during the trip July 12-18. Chrysler had […]
The Indiana Senate has approved legislation that would keep state government running if lawmakers don’t enact a new budget by the time the current spending plan expires at the end of the month. The bill approved today would allow the administration of Republican Gov. Mitch Daniels to continue spending at current levels if the new […]
Just when you thought Hoosier icon Jared Fogle was being pushed aside by the $5 footlong ad campaign, he turns up in Manhattan playing hoops with soon-to-be NBA No. 1 draft pick Blake…
Zoos typically count on special exhibits and attractions to boost traffic. This year, they’re also getting help from an unlikely source – the recession. More than half of 120 members of the Association of Zoos and Aquariums responding to a survey reported year-over-year attendance increases. Consumers, it seems, are seeking more affordable entertainment closer to […]
A pilot and his daughter were seriously hurt yesterday after their small aircraft slammed into a utility pole in Grant County. Police say Dale Johnson, 46, and his teenage daughter, Olivia, were in a paraglider last night when it crashed in Marion. Both were airlifted from Marion General Hospital to Parkview Hospital in Fort Wayne.
Zoos typically count on special exhibits and attractions to boost traffic. This year, they’re also getting help from an unlikely source – the recession. More than half of 120 members of the Association of Zoos and Aquariums responding to a survey reported year-over-year attendance increases. Consumers, it seems, are seeking more affordable entertainment closer to […]
Republicans who control the Indiana Senate are poised to pass their version of a new state budget bill. The two-year spending plan cleared the amendment stage yesterday and was eligible for passage today. Passage would set up a showdown with the Democrat-led House on trying to strike a deal before Indiana’s current spending plan expires […]
Thousands of job seekers are expected to stop by Lucas Oil Stadium today for Indianapolis Mayor Greg Ballard’s 2009 Career Fair. The event features more than 50 local companies offering nearly 1,100 positions. Job seekers can also brush up on their skills at seven different workshops. It wraps up at 4 p.m.
Police have arrested a Brownsburg man accused in the stabbing death of his estranged wife. Joseph L. Warnock, 41, was taken into custody last night near Raceway Road and 56th Street. Detectives say he fatally stabbed Angela Warnock, 38, on Sunday as the couple’s two young girls hid in a nearby closet. Fox 59 will […]
Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best.The National Association of Realtors said today that home sales rose 2.4 percent last month to a seasonally adjusted annual rate of 4.77 million, from a downwardly revised pace […]
A number of arts organizations are making the push now for your votes in The Indy Channel’s A-List competition. Soon we’ll be seeing Nuvo’s Best of picks and the latest superlatives from Indianapolis Monthly.
Question: What is the value of such…
Itâ??s old news that houses arenâ??t selling. But did you realize the situation is so bad that migration around
the country has all but stopped?
Thatâ??s what Ball State University economist Mike Hicks and a colleague at the Mackinaw Center for…
Buildings on Monument Circle and its immediate surroundings would be protected from demolition and inappropriate alteration under plans being drawn to create a new downtown historic district. The Indianapolis Historic Preservation Commission, a unit of city government, is working on creation of the Monument Circle-Downtown Historic District using $15,000 in funding from the Central Indiana […]
Two local Bally Total Fitness locations will close today as part of the parent company’s reorganization under Chapter 11 bankruptcy. Gyms along U.S. 31 in Greenwood and behind…
To get more up-to-date sports business news, IBJ sneak previews and a glimpse at what’s going on behind the scenes in the central Indiana sports business world, you can now follow The Score (and your host here) on Twitter. Hurry,…
Indianapolis-based Arcadia Resources Inc. today named Charles Goodall vice president of DailyMed Pharmacy operations. Goodall comes to Arcadia from Illinois-based drugstore chain Walgreen Co., where he was divisional vice president. Arcadia’s DailyMed Pharmacy sorts a patient’s monthly prescriptions, over-the-counter medications and even vitamins into packets to be taken at specific times of day.“Charlie is a […]
Shares of steel manufacturers fell sharply yesterday as the World Bank cut its 2009 global growth forecast, saying the world economy will shrink by 2.9 percent.Fort Wayne-based Steel Dynamics Inc., Indiana’s fifth largest company, was among those who felt the impact. Its shares fell $1.65, or 10.7 percent, to $13.79 yesterday. Pittsburgh-based United States Steel […]
Republicans who control the Indiana Senate are poised to pass their version of a new state budget bill. The two-year spending plan cleared the amendment stage yesterday and was eligible for passage today. Passage would set up a showdown with the Democrat-led House on trying to strike a deal before Indiana’s current spending plan expires […]
Medco Health Solutions Inc. plans to add another 160 jobs at its automated pharmacy in Whitestown, state officials announced this morning. The New Jersey-based drug distribution company will open a new center in October focused exclusively on cancer patients. The center will be part of the 452,000-square-foot distribution center Medco is building at AllPoints at […]
