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Articles
Angie’s List falls below offer price, adding to woes of new IPOs
Angie’s List Inc. fell 9.2 percent on Tuesday, dropping below its initial public offering price for the first time and joining a crop of Internet companies that have lost value since their IPOs this year.
Feds reject Indiana request for health care exemption
The U.S. Department of Health and Human Services on Monday rejected Indiana's bid for an exemption from federal health care overhaul rules that require insurers selling policies to individuals to essentially dedicate 80 percent of the premiums they collect to medical care.
FedEx launches Indianapolis-Mexico route
Government OKs cargo flights to Guadalajara industrial hub.
Passengers likely would shoulder chunk of transit system costs
Federal transit data suggests passenger fares would generate about one-fourth of the money needed to operate a suburban rail and expanded bus system proposed for the region.
Republic to cut 220 Frontier jobs in turnaround bid
Frontier Airlines will cut 4.4 percent of its work force as it reduces flight operations in Denver and Milwaukee after Indianapolis-based parent Republic Airways Holdings Inc. said the carrier would be sold or spun off.
New York orders WellPoint to make refunds for overcharges
WellPoint is among 11 insurers ordered to refund money to almost 600,000 New Yorkers who were charged too much for health insurance.
Republic Airways shares surge on Frontier sales talk
Republic Airways Holdings Inc. shares soared more than 61 percent Tuesday after the company said it would likely sell or spin off its Frontier Airlines unit.
Celadon snub obscures other purchases
Celadon Group has swallowed, whole or in part, nine trucking firms in as many years. But the acquisition momentum lurched to a halt late this month like a semi stopped by a runaway-truck ramp when it was rebuffed by Arkansas-based USA Truck. Since then, Celadon hasn’t signaled its next move.
Republic studies $113M boost from sale of planes, slots
Republic Airways Holdings Inc. is considering the sale of planes and airport landing rights in Washington, D.C., to help raise about $113 million in a second round of restructuring at its unprofitable Frontier Airlines unit.
Rival trucking firm not interested in Celadon merger
USA Truck Inc. has turned down a meeting with Indianapolis-based trucking rival and investor Celadon Group Inc. to discuss a possible merger.
Celadon proposes merger with rival USA Truck
Indianapolis-based Celadon has become USA Truck’s seventh-largest investor with a $4.7 million purchase of shares. In a regulatory filing, the truckload carrier reported its interest in combining with its rival.
Lucas Oil beefs up bandwidth to prep for Super Bowl
Wireless providers are picking up the cost of a multimillion-dollar bandwidth upgrade in and around Lucas Oil Stadium.
PANEL: Reforms to rapidly reshape health care
Reform-induced changes dominate health care panel of health care experts convened by Indianapolis Business Journal.
ALTOM: Business consumer loses when Google, Apple fight
Even complementary companies can trip over each other in today’s high-tech market, and cause problems for the business users who depend on them.
Ivy Tech to open satellite campus at airport
Ivy Tech Community College will lease 19,615 square feet at the former ATA Airlines campus at Indianapolis International Airport for a logistics and business education program.
Republic Airways’ stock price continues to sag
Returning its Frontier unit to profitability is seen as a daunting task, and some industry analysts have wondered aloud if the Denver subsidiary will end up in bankruptcy again or Republic will become an acquisition target.
No more mail? What would Ben Franklin think?
Hanging in the balance is a $1.1 trillion mailing industry that employs more than 8 million people in direct mail, periodicals, catalogs, financial services, charities and other businesses that depend on the post office.
Who’s Who in Health Care and Benefits
Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. This month, IBJ zeroes in on Health Care and Benefits.
Defender Direct rolls out HVAC business
The home-security and satellite installer is pushing into the construction trades.