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News & Analysis
Lilly shares trade down after fourth-quarter profits falls
January 28, 2010
J.K. WallAnalysts worry about dive in already paltry sales of new blood thinner Effient
MoreEmployee buys Drexel Interiors from struggling parent firm
January 28, 2010
Peter SchnitzlerThe east-side Indianapolis kitchen and bathroom remodeling shop is attempting to succeed as a solo operation following longtime
employee Allen Weisenburger's decision to buy the operation rather than let it close.
MoreBull-riding CEO mulling offer to lead IRL
January 28, 2010
Anthony SchoettleIndy Racing League goes outside racing circles to look for new CEO. Professional Bull Riders Association boss offered job
to replace Tony George.
MoreAccounting charge dents Zimmer's fourth-quarter profits
January 28, 2010
J.K. WallBut excluding special charges, Warsaw-based orthopedic implant maker grows profits 5 percent, easily beating expectations
of Wall
Street.
MoreLilly's profits fall, miss analyst expectations
January 28, 2010
J.K. WallThe Indianapolis-based drugmaker says a weaker dollar depressed earnings in the fourth quarter compared with a year ago.
MoreDuke Realty reports loss, says outlook remains 'challenging'
January 27, 2010
Cory SchoutenLocally based Duke Realty Corp. reported a 53 percent drop in funds from operations in the fourth quarter but still managed
to beat Wall Street expectations.
MorePanel OKs bill to provide pet buyers with info
January 27, 2010
Associated PressThe bill would require pet stores to put information about the dog or cat on its cage in the store, including the animal's
medical history, the name of the breeder and any congenital disorders.
MoreBicycle-components manufacturer adding 105 jobs
January 27, 2010
Zipp Speed Weaponry said it will create 105 jobs by 2013 and invest $12.4 million in a new manufacturing plant in Indianapolis
to make its high-end bicycle components.
MoreIndiana Senate panel approves school-start-date bill
January 27, 2010
IBJ Staff and Associated PressThe committee endorsed legislation that would prevent the state's public schools from starting classes before Labor Day.
MoreExpress Scripts to add 182 pharmacy jobs by 2012
January 27, 2010
IBJ StaffDrug distribution firm that acquired former WellPoint subsidiary plans to consolidate specialty pharmacy work at local
airport facility.
MoreBluefish Wireless set to announce up to 150 new local jobs
January 27, 2010
Chris O'MalleyA Zionsville firm that manages employers' wireless devices plans expansion, new jobs. Clients
include
such Fortune 500 companies as Intel, Oracle, Ford Motor Co.
MoreConcluding the worst is over, investors warm to WellPoint
January 27, 2010
J.K. WallAnalysts say losses of employer-sponsored insurance customers due to layoffs is finally slowing down.
MoreRemy hybrid agreements help offset GM loss
January 27, 2010
Scott OlsonPendleton-based Remy International signs deals with Allison Transmission Inc. in Indianapolis and German automaker Daimler
AG to supply electric motors for hybrid systems. The agreements should help offset a loss of business from General Motors.
MoreSteep sales decline forces Hurco to slash executive pay
January 27, 2010
Peter SchnitzlerIndianapolis-based machine toolmaker's CEO takes 63-percent compensation cut.
MoreHealth care reform dead; long live reform
January 27, 2010
J.K. WallMassachusetts’ election of a Republican senator has put health reform legislation on life support. But for the health
care industry, reform is a reality that isn’t going to die.
MoreLilly looks to autoimmune drugs
January 27, 2010
J.K. WallTwo local researchers show why Eli Lilly and Co. and its peers are interested in developing medicines to treat automimmune
diseases: The costs of treating them are growing twice as fast as the prescription drug market.
MoreTwo companies set to make major local expansions
January 27, 2010
Express Scripts Inc. on the west side of Indianapolis and Zipp Speed Weaponry in Speedway are scheduled Wednesday afternoon
to announce the
creation of hundreds of new jobs.
MoreToyota workers will stay on job at Indiana plants
January 27, 2010
Associated PressNo immediate layoffs are planned at the two Indiana factories that build Toyota models included in the company's production
halt as it looks to fix sticking gas pedals.
MoreFair Finance investors fear money is disappearing
January 27, 2010
Greg AndrewsOhio residents who attended investor meeting say recovering funds hinges on locking down assets that remain.
MoreWellPoint beats expectations, lowers '10 profit forecast
January 27, 2010
J.K. WallThe Indianapolis-based health insurer earned $6.09 per share in 2009, excluding extraordinary items; it expects a $6-per-share
profit in 2010.
MoreToyota suspending production at two Indiana plants
January 27, 2010
IBJ Staff and Associated PressToyota is halting production at six North American car-assembly plants—including Indiana facilities in Princeton and
Lafayette—beginning the week of Feb. 1 to fix gas pedals that could stick and cause acceleration without warning.
MoreHoosiers can now renew driver's licenses online
January 26, 2010
Associated PressThe BMV said Tuesday it has started offering online driver's license renewals at the agency's Web site.
MoreLocal small-biz owner invited to attend State of Union speech
January 26, 2010
Scott OlsonThe founder of TrendyMinds, an Indianapolis advertising and public relations firm, will attend President Obama's State of
the Union address Wednesday evening. Trevor Yager is among several small-business owners nationwide who were invited.
MoreDurham yacht up for sale; asking price $4.8 million
January 26, 2010
Greg AndrewsIndianapolis financier Tim Durham's famed 98-foot yacht is up for sale for $4.8 million. Durham has been selling some of his
holdings in recent months as financial pressures have intensified after the FBI raided his offices in Indiana and Ohio.
MoreSource: WISH-TV lays off news, production workers
January 26, 2010
Anthony SchoettleWISH-TV Channel 8 laid off employees late last week as local TV market is battered by swooning economy.
More
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!