State insurance program containing health costs
Doug Stratton, executive director of the Indiana Comprehensive Health Insurance Association, slashes costs, pushes disease
control to keep prices as low as possible.
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Republic Airways quarterly profit falls 89 percent-WEB ONLY
Regional airline operator Republic Airways Holdings Inc. said yesterday its first quarter profit fell by 89 percent as costs rose and traffic fell slightly. Indianapolis-based Republic, which flies regional jets for carriers including Delta Air Lines, United Airlines, and US Airways, said it earned $2.2 million, or 6 cents per share, during the quarter that […]
Telcos eye possible competition from electric utilities
Telcos eye possible competition from electric utilities Others say ‘smart grids’ might generate business A trade group for the state’s telephone companies is wringing its hands over budding efforts of electric companies to offer so-called smart grids to better monitor and manage electric distribution. The Indiana Telecommunications Association, in filings with the Indiana Utility Regulatory […]
Telcos eye possible competition from electric utilities
A trade group for the state’s telephone companies is wringing its hands over budding efforts of electric companies to offer
so-called smart grids to better monitor and manage electric distribution.IQuest buys British firm, expanding local operations
IQuest Internet LLC, the largest Indiana-based Internet service provider, is going global, having bought a British company
that monitors and manages data, voice and video networks.World airlines expected to lose $9B this year-WEB ONLY
The world’s airlines will collectively lose $9 billion this year – nearly double the previous projections – and face a slow recovery as the economic crisis saps air travel and cargo demand, an industry body warned today.The International Air Transport Association, which represents 230 airlines worldwide, increased its loss estimate from the $4.7 billion it […]
World’s airlines expected to lose $9B this year-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 The world’s airlines will collectively lose $9 billion this year – nearly double the previous projections – and face a slow recovery as the economic crisis saps air travel and cargo demand, an industry body warned today. The International Air Transport Association, which represents 230 airlines worldwide, increased its […]
Teachers union seeks way to pay disability claims-WEB ONLY
The Indiana State Teachers Association and the National Education Association say they’ll scrape up enough cash to pay 650 people receiving long-term disability benefits from the state union’s troubled insurance trust. ISTA previously said it didn’t have enough money to cover the long-term disability claims, which could cost $45 million to $65 million over the […]
EYE ON THE PIE: Urban entryways deserve attention-WEB ONLY
This is my hometown, which I am visiting for a few days. I love it, but can afford it for only a few days. We’ll see some relatives and some sights; some of our relatives are sights. One joy of New York is entering the city from the north via the Palisades Parkway on the […]
Hub drags on airport-WEB ONLY
Indianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments, which amount to about half of the $25 million in airfield fees generated at the airport, fell 16 percent […]
Expanded FedEx cargo hub not meeting expectations
Indianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million
revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments,
which amount to about half of the $25 million in airfield fees generated at the airport, fell
16 percent in the first three months of this year vs. the same period last year.MARCUS: Urban entryways deserve attention
We need not have an arch to rival St. Louis, but more communities could copy work done on the north side of Bloomington and
the west side of Columbus to welcome visitors and bolster the pride of residents.UPDATE: Republic hopes to restore Midwest-WEB ONLY
Republic Airways Holdings said today it will buy struggling Midwest Airlines for $31 million in cash and debt, the second time in two days it has sought to rescue an ailing airline. Yesterday, Republic said it would bid $108.8 million to take Frontier Airlines out of bankruptcy. Republic Chairman and CEO Bryan Bedford said he […]
Cummins sues insurers over $381M in flood claims
Cummins Inc. is battling its insurers in court, saying they’re refusing to pay
most of the company’s $381 million in claims stemming from the flood that immersed its southern Indiana
facilities a year ago.Republic growth strategy fraught with risk
By purchasing two struggling airlines for which it flies, Republic Airways Holdings is taking aboard substantial risks that
threaten its profitable niche, analysts say. Frontier Airlines and Midwest Airlines are not only leaking money, but fly at
an altitude where major carriers routinely dogfight
in a fare war Republic hasn’t had to fight as a contract carrier.WellPoint salaries are ill-gotten
I own and manage a small business. WellPoint is our health insurance carrier. I have an employee, makes good money. He is in excellent health but he is diabetic. WellPoint won’t insure him!
Judge approves Republic’s plan to buy Frontier-WEB ONLY
A bankruptcy judge has approved a plan by Indianapolis-based Republic Airways Holdings to buy Frontier Airlines, although other bidders could still come forward. Frontier Airlines Holdings Inc. spokesman Steve Snyder said the judge approved the plan at a hearing today in New York. Republic, a regional carrier that currently flies for other airlines, is offering […]
Airport to sell ATA site, consider parking hike-WEB ONLY
The Indianapolis Airport Authority, facing a $15 million budget shortfall on declining passenger and cargo traffic, plans to sell the former ATA Airlines Inc. headquarters and might raise parking fees. A memo prepared for tomorrow’s airport board meeting says Indianapolis-based Paul Kite Co. plans to buy the former ATA site at Girls School Road and […]
STYLE: New retailers add dimension to canal-side shopping
Along with the debut of this new column, focusing on style in Indy and beyond, comes a Broad Ripple shopping
shuffle, where the reorganization of two mainstays has given way to new life along the canal.Humane Society offering 2-for-1 special on cats
Humane Society of Indianapolis has been running adoption specials that have people lining up outside the Michigan Road shelter on weekends.