Power plant problems lead AES to seek more cash from customers
AES Indiana’s Eagle Valley natural gas power plant, located near Martinsville and capable of powering about a half-million houses, conked out in April, due to problems with breakers and relays. Six months later, it is still offline while technicians try to repair a wide range of damage to critical parts.Read More
The corporate name change to ‘That’s Good HR’ strengthens the identity of staffing firm.
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
Charlie & Barney’s is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
HH Gregg has grown from a local to a national consumer electronic store chain and has its eye on expanding further, given
Circuit City’s bankruptcy filing.
In the Indianapolis area, small-business owners told IBJ that they give in whatever
way they can, and would like to continue as long as their finances allow. But a Chronicle
of Philanthropy survey indicates that giving is already on the decline.
Tony Bennett, Indiana’s new superintendent of public instruction, says his priorities include restoring discipline to the
classroom, recruiting topnotch teachers and adequately compensating
them, increasing the percentage of education dollars spent directly on instruction, and reducing regulations so schools can
focus more on student instruction.
The health insurance industry — hurt by falling profits and threatened by Democratic reform bills — could see
another wave of
consolidation, and that may well involve Indianapolis-based WellPoint Inc.