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Mobile-device management firm MOBI nabs $35 million

July 27, 2015

Indianapolis-based MOBI landed the capital from New York-based private equity firm Bregal Sagemount, which has made previous investments in LifeLock, Orbitz and Vivint.

Teamsters sue Republic Airways over bonuses for new pilots

July 15, 2015

The Teamsters sued Republic, Shuttle America and parent Republic Airways Holdings Inc. last week in federal district court in Indianapolis. The union, which has been negotiating for a new contract since 2007, said the extra pay undercuts its bargaining position.

Obamacare shovels another $122M to Indiana insurers

July 6, 2015

The money, known as reinsurance payments, helped MDwise, Anthem, Humana, Assurant and the Physicians Health Plan of Northern Indiana keep a lid on their losses even as lots of new patients with expensive or untreated medical conditions migrated into the private insurance market.

U.S. probing possible airline collusion that kept fares high

July 2, 2015

A letter received by major U.S. carriers demands copies of all communications the airlines had with each other, Wall Street analysts and major shareholders about their plans for passenger-carrying capacity, or "the undesirability of your company or any other airline increasing capacity."

No 1,000-percent markups at Indy’s hospitals

June 19, 2015

But hospitals’ list prices in Indiana are more than three times what the federal Medicare program pays.

AT&T vows to fight $100 million fine from FCC

June 18, 2015

AT&T Mobility LLC has been slapped with a record $100 million fine for offering consumers "unlimited" data, but then slowing their Internet speeds after they reached a certain amount.

Relocations return as economy heals

June 17, 2015

The Northeast is still a hotspot for people on the move, says Atlas World Group chief.

U.S. stocks slide, pushing Dow into red for year

June 9, 2015

Stocks have sagged in the past two weeks as investors try to assess if Federal Reserve policymakers will raise their benchmark interest rate later this year for the first time since the recession.

Health insurers request modest rate hikes

June 4, 2015

While health insurers in states around the country have proposed large rate increases for the health plans they sell on the Obamacare exchanges, insurers in Indiana are asking for modest increases or even decreases. The bad news is that it appears the rest of the country is just catching up with Indiana’s already-high prices.

Strapped for pilots, Republic asks partners to reduce flights

May 27, 2015

Republic CEO Bryan Bedford told investors that crew-related flight cancellations rose throughout the first quarter and continued at a high level in April and May. The labor shortage will reduce revenue by an estimated $15 million this year, the company said.

Local accountant charged with $1.1 million fraud

May 19, 2015

Ryan M. King, 43, faces up to 20 years if convicted, according to the U.S. Attorney’s office, which announced the charges Tuesday.

Southwest to launch nonstop flights to New York’s LaGuardia

May 15, 2015

The Dallas-based carrier continues to bulk up its Indianapolis presence. It debuted nonstop service to Dallas in April, and will start service to Boston and Los Angeles next month.

Verizon buying AOL for $4.4B to get foothold in online video

May 12, 2015

The acquisition gives Verizon, the country’s largest wireless carrier, an entryway into increasingly competitive online video.

REVIEW: ‘Typhoid Mary’ at the Phoenix Theatre

May 1, 2015

Playwright-in-Residence Tom Horan offers his take on the story of the notorious disease carrier.

OneJet to offer flights to Pittsburgh four days a week

April 24, 2015

OneJet, which debuted flights to Milwaukee in April, said it will begin flying to Pittsburgh next month. No other carriers offer nonstop service to those destinations.

Rolls-Royce plans massive modernization of aging plant

April 21, 2015

The defense contractor is on the cusp of investing hundreds of millions of dollars to modernize its Tibbs Avenue factory, Rolls-Royce officials revealed Tuesday at IBJ's aviation and aerospace event.

Hoosier State Line to remain running under new agreement

April 6, 2015

The Hoosier State passenger rail line between Indianapolis and Chicago appears to be back on track toward a long-term future, the Indiana Department of Transportation announced Monday.

Potential Alzheimer’s drug further backs protein hypothesis

March 23, 2015

The results of an experimental drug for Alzheimer’s disease provide the best evidence so far that the memory-robbing condition is caused by an errant protein in the brain. Drugmakers including Eli Lilly have been concentrating their Alzheimer’s research on that area.

Indianapolis-to-Chicago Amtrak line not finished yet

March 14, 2015

The Indiana Department of Transportation says Amtrak service between Indianapolis and Chicago will continue another month while Federal Railroad Administration officials reconsider a policy.

New policy concerns states supporting short Amtrak routes

March 12, 2015

INDOT has said it would only reconsider its move to end the Hoosier State line if the FRA or U.S. Department of Transportation reversed the new rail carrier policy.

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