Aviation report finds that airline delays are undercounted
On-time statistics for such carriers as United, American and Delta don’t include tardy flights by their regional partners, such as Indianapolis-based Republic Airways.
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Emmis fine-tuning FM radio app for automobiles
The Indianapolis broadcasting company is in talks with automakers to marry its NextRadio app to car dashboards, creating a two-way conversation between listeners and stations.
Scopelitis law firm opens two offices
Scopelitis Garvin Light Hanson & Feary, a law firm specializing in trucking and logistics, has opened offices in Philadelphia and neighboring Mount Ephraim, N.J.
ALTOM: Don’t expect Amazon’s drones anytime soon
The retail giant’s futuristic delivery plan has some monumental obstacles to overcome.
Pain mounts for Telamon after reporting $5M theft
The Carmel company complains that its insurers “denied all coverage for the theft-fraud loss under both policies on the grounds that the individual leased to Telamon was an ‘employee’ of Telamon, and simultaneously was not an ‘employee’ of Telamon.”
Pilot shortage hitting Republic’s bottom line
Indianapolis-based Republic Airways Holdings plans to stop flying 27 of its 41 Embraer 50-seat jets because of the pilot shortage. That decision will lower income as much as $22 million this year.
State Auto’s Midtown HQ building on block
State Auto Insurance is seeking to sell its nearly 200,000-square-foot regional headquarters building in Midtown and is listing the property for $9.1 million.
High school/college blend charter pitched by mayor
Indianapolis Mayor Greg Ballard wants to launch a new kind of charter school that would allow students to earn both high school and college credentials in fields with lots of jobs and good wages.
Government report: Too few pilots or too little pay?
The nation's regional airlines are having trouble hiring enough pilots, the government says, suggesting one reason may be that they simply don’t pay enough. The average starting salary for co-pilots at regional airlines is $22,400 a year.
Hurco’s longtime CFO resigns
John G. Oblazney, chief financial officer at Hurco Cos. Inc. since 2006, has left the Indianapolis-based company to “pursue other interests,” Hurco announced Monday.
Insurers’ Obamacare losses may reach $5.5 billion, U.S. says
Health insurers such as Indianapolis-based WellPoint Inc. and Louisville-based Humana Inc. stand to receive $5.5 billion next year to cover losses from Obamacare in a program the law’s opponents label a bailout.
EDITORIAL: Polytechnic plan makes sense
One of the most promising planks in Mayor Greg Ballard’s agenda for the coming years is a new school his staff is calling Indianapolis Polytechnic.
Obamacare shuffles market share in some states, report finds
A snapshot of Obamacare enrollment in seven states suggests the law hasn’t significantly increased competition, but it has shuffled market share for some insurers, including Indianapolis-based WellPoint Inc.
Southwest adding nonstop from Indy to Washington
Southwest Airlines Co. is adding more flights to Ronald Reagan Washington National Airport this year, including non-stop service to and from Indianapolis that begins Nov. 2, the airline said Monday.
WellPoint sees double-digit rate rise for Obamacare in 2015
Two months before health insurers must submit rate proposals for 2015 to government regulators, WellPoint Inc. fired a surprising shot across their bow.
LOPRESTI: One Indy 500 race car will be covered with poignant stories
So maybe you’ve heard of Cutters Race Team. That’s the new idea where, for a few bucks, you can help sponsor an Indianapolis 500 race car.
Anderson businessman pays $7.9M for prime farmland
More than 800 acres of prime farmland in Delaware and Madison counties sold during open bidding on Tuesday for $7.9 million.
Insurer acquires Indy-based StreetLinks for $60 million
StreetLinks, which sells real estate appraisal management services and software, will retain its brand name and remain headquartered in Indianapolis, according to the statement.
NRA seeks universal gun law at national meeting
The nation’s largest gun-rights group, which officially opens its convention of about 70,000 people Friday in Indianapolis, wants Congress to require that concealed weapons permits issued in one state be recognized everywhere, even when the local requirements differ.
Time to eat crow and fix my error on Obamacare sign-ups
When I predicted on March 13 that Obamacare would fail to expand individual private insurance coverage in Indiana, I was completely off. It now looks like an extra 30,000 Hoosiers have bought individual health insurance this year.