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IndyCar Series tabs Japanese infotech firm as new title sponsor

January 15, 2019

The deal with NTT might surprise some fans of IndyCar, which for its past two sponsorship cycles has paired with brands widely recognized by American audiences. But NTT is well-known overseas and wants to grow its global brand.

U.S. companies to gain staunch defender in Trump’s DOJ pick

January 11, 2019

President Donald Trump’s choice to lead the Justice Department comes with a track record that signals he could take a softer stance in policing mergers and promote a more business-friendly approach to prosecutions.

IndyGo to build $4 million training facility on north side

December 18, 2018

The city’s transit system plans a 3,500-square-foot building where it will educate new hires and fill-in drivers ahead of the introduction of the new Red Line route.

Karen Celestino-Horseman: Be the voice for our animal companions

December 18, 2018

We can and must do better. As government cannot or will not, we all need to step-up.

Emmis cuts 35 employees involved in NextRadio, TagStation operations

December 14, 2018

Indianapolis-based Emmis Communications announced in October a decision to “dramatically reduce” the operations of NextRadio and TagStation after tens of millions of dollars in losses.

In major deal with Boeing, Rolls-Royce to make engines for new unmanned Navy aircraft

December 13, 2018

Rolls-Royce in Indianapolis has been selected to build the jet engine to power the revolutionary MQ-25 Stingray.

Spirit Airlines to launch operations at Indianapolis International

December 11, 2018

Fast-growing national low-cost carrier Spirit Airlines plans to begin operations in Indianapolis next year, beginning with nonstop flights to and from three destinations.

Entrepreneur finds financial success with deep-tissue therapy

December 6, 2018

Entrepreneur Michael Arnolt teamed with an inventor more than 20 years ago to launch an enterprise that has sold thousands of steel therapy instruments and trained thousands of clinicians.

Microsoft boosts rural broadband efforts to reach more users

December 4, 2018

The Microsoft Airband Initiative will now be in 25 states by this time next year, more than doubling the program’s original reach and adding states including Indiana.

2018 CFO of the Year: John Gallina

November 30, 2018

Gallina has been with the health insurance giant since 1994 and has been at the financial helm since 2016.

Angry over cutbacks, Trump threatens to end subsidies to GM

November 28, 2018

President Donald Trump threatened Tuesday to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the United States.

United Technologies to break into three independent companies

November 27, 2018

The three companies will be United Technologies, which will house its aerospace and defense industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business.

Fast-growing logistics-software startup plans to hire 90

November 8, 2018

FreightRover—which began as part of the Indianapolis trucking company Celadon Group—sells software that helps clients optimize freight flow and streamline carrier payments for shippers, carriers and drivers.

Indiana becomes epicenter of campaign battles over Trump trade policies

October 30, 2018

Tariffs are weighing heavily on the tossup U.S. Senate contest between Democratic incumbent Joe Donnelly and Republican Mike Braun.

Endocyte’s $2.1B deal with Novartis comes after years of setbacks

October 18, 2018 | John Russell

The West Lafayette biotech firm’s stock traded as low as $1.41 last fall, following multiple setbacks and restructurings. But the stock had soared to $24 Thursday morning after news that it would be acquired by Novartis.

FedEx’s $1.5B investment in Indy will expand capacity, add jobs, strengthen airport finances

October 18, 2018

The upgrade and expansion of the giant shipper’s 320-acre, 2.5 million-square-foot complex is driven by the need to keep pace with steady growth in e-commerce activity.

Emmis giving up on NextRadio after years of losses

October 11, 2018

Emmis Communications spent nearly a decade and tens of millions of dollars trying to put together an industry-wide effort to make cell phones act like smart portable radios. In the end, CEO Jeff Smulyan said he couldn’t continue to “fund R&D for the entire industry.”

Republic Airline exec: Industry’s pilot shortage has wide-ranging implications

October 4, 2018

The ongoing pilot shortage has multiple causes and will require multiple solutions, said speakers at the Aerospace & Defense in Indiana breakfast event Thursday.

Allison fears U.S. military giving Spanish competitor unfair advantage

October 3, 2018

Allison Transmission is concerned its specialized combat-vehicle transmission production line, which accounts for more than $100 million in annual revenue, is under threat.

Thousands of insurance appeals went to doctor feds say is fraud