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News & Analysis
Indiana bankruptcies soar
December 1, 2008
Peter SchnitzlerIndiana bankruptcies are rising toward levels not seen since Congress tightened filing rules three years ago, and experts
say stretched consumers and businesses probably won't reap benefits of an improved economy for at least a year.
MoreEli Lilly investing $100M in China, hoping to attract research partners
December 1, 2008
Brian SpegeleHoping to increase sales in China's rapidly growing pharmaceutical market, Eli Lilly and Co. is charging ahead
with
plans to invest $100 million in venture capital in the region over the next several years.
MoreSouthwest swoops in to benefit from ATA Airlines' bankruptcy
December 1, 2008
Chris O'MalleySouthwest is striking a deal to acquire ATA's valuable landing slots at LaGuardia
and most of the dying airlines' remaining assets for $7.5 million.
MoreNew IRL ethanol deal with Brazil angers U.S. corn growers
December 1, 2008
Anthony SchoettleThe Indy Racing League suddenly finds itself at odds with Midwestern farmers over a decision to make a Brazilian consortium
its ethanol supplier starting next year.
MoreStudy examines regional commuter rail types and their expense
December 1, 2008
Chris O'MalleyThe Metropolitan Development Commission has given city planners the green light to seek an expedited study that would provide
a clearer picture of what a comprehensive regional transit system could look like and how much it would cost.
MoreExit of anchor complicates Lafayette Square overhaul
December 1, 2008
Chip CutterThe demise of apparel retailer Steve and Barry's University Sportswear deals another blow to efforts to turn around the ailing
Lafayette Square Mall.
MoreVoice-mail firm's latest product helps clients collect overdue debts
December 1, 2008
Scott OlsonA growing number of companies strapped for cash and struggling to pay their bills on time is presenting an unusual opportunity
for Vontoo Inc., a local IT firm.
MoreState technology interests don't want economy to stifle progress
December 1, 2008
Peter SchnitzlerIndiana legislators are signaling that everyone who receives funding from state government must tighten their belts as tax
collections fall short of projections. That could cause pressure for cuts to key technology incentives.
MoreCompanies face pension-plan shortfalls
November 24, 2008
Chris O'MalleyPrivate employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.
MoreBillions lost in state pension-fund fallout
November 24, 2008
Peter SchnitzlerIndiana's public pensions lost $5 billion in the 12 months ending Sept. 30.
MoreGreensfork Township State Bank to acquire local startup that failed to live up to high hopes
November 24, 2008
Cory SchoutenA rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
More$40M prison work program helps inmates, businesses
November 24, 2008
Whitney LeeIf you've ever cooked a hamburger over a grill at Shakamak State Park, sat in a hospital waiting room chair, or sipped from a water fountain, you may have used products made by Indiana convicts. Although offender work programs have been around since the 1920s, most Hoosiers know little about the Indiana Department of Correction's prison-based industries, which generate $40 million a year in revenue.
Central Indiana colleges on alert to slow spending
November 24, 2008
J.K. WallMost colleges and universities in central
Indiana are being especially frugal because the value of their university endowments has plunged along with the market,donations
may decrease, and enrollment may decline, due to lack of student loan availability.
MoreGreen Mountain entrepreneur compiles 17-percent stake in struggling Noble Roman's
November 24, 2008
Cory SchoutenRobert P. Stiller, a lifelong entrepreneur who built Green Mountain into a wholesale coffee giant with 7,000 customers and
$500 million in revenue, owns 3.4 million shares, or 17 percent of the Noble Roman's company.
MoreAutomotive Finance Corp. writes off $162 million, reflecting slow auto sales
November 24, 2008
Chris O'MalleySlowing 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.
MoreSiegel's NASCAR future in doubt after merger
November 24, 2008
Anthony SchoettleChip Ganassi's NASCAR team is teaming with Dale Earnhardt Inc. where Max Siegel has served as president of global operations
since early 2007, and the former Baker & Daniels attorney may be among many laid off in the merger.
MoreSelf-serve chili could help Charlie & Barney's grow nationally
November 24, 2008
Sam StallCharlie & Barney's is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
MoreIndiana's new superintendent of public instruction ready to tackle challenges
November 24, 2008
Scott OlsonTony 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.
MoreButler turns around flagging MBA program
November 24, 2008
Scott OlsonButler University's MBA program — once at risk of being eliminated — has been revamped to include more real-life
professional experiences, and enrollment has increased 63 percent.
MoreDespite recession, small businesses support charity
November 24, 2008
Kathleen McLaughlinIn 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.
MoreHospitals seek mergers to save costs
November 17, 2008
J.K. WallMarion County hospital systems anticipate more mergers, possibly with each other.
MoreHumane Society woos animal-right welfare community
November 17, 2008
Kathleen McLaughlinJohn Aleshire, the executive director of the Humane Society of Indianapolis, is rolling out policies that please animal advocates.
MoreDreyer & Reinbold adds Maserati luxury line
November 17, 2008
Chris O'MalleyIn the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.
MoreSteak n Shake seeks younger customers
November 17, 2008
Cory SchoutenSteak n Shake hopes to create buzz with its new marketing plan targeting youth.
MoreMacAllister awarded for service to community
November 17, 2008
Sam StallP.E. MacAllister has helped turn Indianapolis into a culturally vibrant city.
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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!