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News & Analysis
Durham trailer-maker sued for nearly $1M
January 14, 2010
Greg AndrewsFirst Merchants Bank is seeking nearly $1 million from Tim Durham and his companies through a recently filed loan-default
lawsuit.
MoreCity leaders getting aggressive about recouping tax breaks
January 14, 2010
Scott OlsonIndianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements.
The
city will use the money to fund economic development, convention, tourism and education efforts.
MoreDow Agro in legal skirmish over canola oil
January 14, 2010
Bloomberg NewsIndianapolis-based Dow AgroSciences LLC has sued Cooper Industries Plc in an effort to clarify its rights to make a canola-based
fluid used in electrical transformers.
MoreBasiles give big gift to Carmel performing arts center
January 14, 2010
IBJ StaffThe center will recognize the donation by naming
the cafe and gift shop inside the 1,600-seat concert hall after the Basiles.
MoreStericycle to expand in Indianapolis
January 14, 2010
IBJ StaffIllinois-based medical waste disposal firm Stericycle Inc. will expand its Indianapolis operations, creating as many as 109
jobs by 2011, the Indiana Economic Development Corp. announced Wednesday.
MoreFriends of Lincoln Collection raises $6.9M to care for artifacts
January 13, 2010
Kathleen McLaughlinA group formed to support a prized collection of Abraham Lincoln artifacts has raised $6.9 million in its first six months,
including $3 million from Lilly Endowment. Friends of the Lincoln Collection in Indiana announced the fund-raising milestone
Wednesday afternoon.
MoreReport: Insurers secretly funded ads attacking health reform
January 13, 2010
IBJ StaffIndianapolis-based WellPoint Inc. reportedly joined fellow health insurance giants to fund TV ads as insurers tempered their
support for reform.
MoreCity to bolster economic development funding
January 13, 2010
Scott OlsonMayor Greg Ballard expected to announce at his State of the City address Wednesday evening that the Indianapolis Convention
& Visitors Association and Indianapolis Economic Development Inc. could receive about $1 million each from the city.
MoreIPL: Changing tree-trimming policy could cost utility $100M
January 13, 2010
Scott OlsonIndianapolis Power & Light Co. made the claim in testimony submitted to the Indiana Utility Regulatory Commission as part
of a hearing investigating complaints that the utility's tree-trimming policies are too aggressive.
MoreQ95 fires 'Mad Dog' Matis
January 13, 2010
Anthony SchoettleAn employee of WFBQ-FM 94.7 since 1986, popular radio personality Jimmy "Mad Dog" Matis has been dismissed.
MoreClarian to restart Riley project, reverse pay cuts
January 13, 2010
J.K. WallClarian Health soon will restart work on a new tower at Riley Hospital for Children near downtown Indianapolis and
is set to lift other cost-saving restrictions.
MoreFDA letters scold Lilly, others over marketing materials
January 13, 2010
Associated PressThe letter to Indianapolis-based Lilly cites a print advertisement for the antidepressant Cymbalta that did not adequately
display information about the drug's side effects.
MoreHHGregg shares fall after analyst downgrade
January 13, 2010
IBJ Staff and Associated PressCustomers are buying fewer high-priced big-screen TVs from electronics chain HHGregg Inc., an analyst said Tuesday as he lowered
his investment rating on the company's stock.
MoreCity's sole high school will keep Anderson name
January 13, 2010
Associated PressThe district's school board voted 6-1 Tuesday night for a plan using the Anderson High School building for grades 10-12 starting
next fall. The Highland High School building will house grades 7-9.
MoreIndy man gets 2 years for extorting insurance firm
January 13, 2010
Associated PressKevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
MoreIndiana Senate OKs bill to delay jobless-tax hikes
January 12, 2010
Associated PressThe Senate has approved a bill delaying unemployment-tax increases on businesses for a year, but the legislation may face
hurdles in the Democrat-led House.
MoreIndianapolis still in hunt to be World Cup host
January 12, 2010
Anthony SchoettleIndianapolis was one of 18 cities included in United State's bid to host World Cup Soccer event in 2018 or 2022.
MoreDurham's Fair Finance drops effort to sell securities
January 12, 2010
Greg AndrewsOhio-based Fair Finance Co. told securities regulators this week that it is withdrawing its request for approval
to sell an additional $250 million in investment certificates.
MoreCincinnati-area builder Fischer expands to Indianapolis
January 12, 2010
Cory SchoutenHome builder hopes to sell as many as 200 houses in region this year. Fischer, which entered the Columbus, Ohio,
market in 2008 after buying subdivisions from retreating builders, is using the same strategy to establish a foothold in Carmel,
Westfield, Zionsville and Avon.
MoreRoche taps new local CEO
January 12, 2010
J.K. WallRoche Diagnostics named a new CEO for its North American operations Tuesday to replace Michael Tillmann, who resigned on Friday.
MoreStudy: Urban tax money subsidizes rural counties
January 12, 2010
Scott OlsonA report from the Indiana Fiscal Policy Institute says metropolitan counties pay more in state taxes than they receive
in benefits. The results, though not surprising, document the disparity for the first time in Indiana.
MoreSteak n Shake CEO buys more shares
January 12, 2010
Cory SchoutenSteak n Shake Co. CEO Sardar Biglari bought $290,000 worth of stock in the Indianapolis-based burger chain last week in another
big bet
the company's shares are undervalued.
MoreKiwanis to choose worldwide service project
January 12, 2010
Kathleen McLaughlinRepresentatives of three international organizations will visit Indianapolis-based Kiwanis International this week to make
their cases to become its next worldwide cause—and the beneficiary of tens of millions of dollars the organization could
raise with help from its 600,000 members.
MoreKittle's Furniture shuffles executives, names new CEO
January 12, 2010
Jim Kittle Jr., the company's owner and chairman of the board, will be less involved in daily operations, giving two executives
more responsibility.
MoreRiley Towers expansion in works
January 12, 2010
Tom HartonThe owner of the Riley Towers apartment complex is preparing to develop a 54-unit extension of the landmark
downtown property.
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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!