Articles

New Hulman & Co. CEO eyes changes to resurrect open-wheel racing

New Hulman and Co. CEO Mark Miles will focus in his new role on all of Hulman & Co.’s ventures—including real estate holdings and Clabber Girl. But his biggest challenge will be turning around the money-losing IndyCar Series and bolstering one of the region’s most famous landmarks—the Indianapolis Motor Speedway.

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Honda unveils 2013 Civic

Compact car made in Greensburg usually gets rave reviews from critics, but last year’s model was slammed for poor handling and a ‘cheap’ interior.

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Subaru still considering Indiana plant expansion

Fuji Heavy Industries Ltd.’s Subaru unit is studying whether to expand its Indiana auto-assembly plant as the Toyota Motor Corp. affiliate seeks to boost U.S. output to curb currency losses and meet growing demand for its models.

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Wabash Valley Power aggressively shifting to greener alternatives

The Wabash Valley Power Association has been reducing its dependence on energy produced from coal—from 95 percent five years ago to 54 percent today. The utility is leaning more on natural gas and even renewable-energy sources like methane from landfills and animal waste.

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BrightPoint buyer Ingram Micro mulls cost-cutting

A top BrightPoint Inc. executive expects little employment change for the distribution and logistics company’s 1,100-person central Indiana work force, despite the potential for job cuts and facility closings across the country.

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Insurance customer lawsuits dog CNO

CNO Financial Group appears to have wrapped its arms around the cost of settling a trio of consumer lawsuits involving life insurance rate hikes, but it’s not out of the woods yet.

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