EDITORIAL: Star newsroom layoffs shortsighted
There was no rejoicing when word of The Indianapolis Star’s most recent round of layoffs reached the IBJ newsroom, no celebratory toasts to the continued erosion of our once-mighty daily competitor.
IBJ Staff
Articles
City’s Rebuild Indy money to revamp railroad overpasses
The city of Indianapolis released bids soliciting contractors to repaint, clean and add lighting underneath the overpasses at Meridian, Pennsylvania and Illinois streets and College and Capitol avenues downtown, and on 10th Street east of the Monon Trail.
IndyCar appears poised to drop Milwaukee race
IndyCar Series CEO Randy Bernard is considering taking the open-wheel series to the Road America road course in Elkhart Lake, Wis., for 2012. That race could replace the Milwaukee race, which Bernard said faces a 50-percent chance of being eliminated.
PROXY CORNER: Vera Bradley Inc.
Fort Wayne-based Vera Bradley Inc. sells handbags, accessories, paper-and-gift items and travel items through 3,300 specialty stores and 45 Vera Bradley stores nationwide.
Nidec closing Frankfort plant, cutting 94 jobs
Japanese manufacturer Nidec Motor Corp. plans to close its facility in Frankfort, eliminating 94 jobs in the Clinton County community.
Red Gold moving headquarters to Elwood
The Orestes-based company—the nation’s second-largest tomato canner—on Tuesday announced plans to invest $3.5 million to convert a former Elwood elementary school into a new corporate headquarters.
Emmis selling three major radio stations
Emmis Communications Corp. has reached an agreement to sell three big-market radio stations to a partnership involving a private equity firm and a prominent media executive, the company disclosed Tuesday morning.
Trinity Metals to add 50 jobs at new facility
Indianapolis-based Trinity Metals is expanding its local operations, purchasing a vacant facility southeast of downtown to house its headquarters and two recycling divisions.
Container maker Arrow to expand, add 65 jobs
Corrugated container manufacturer Arrow Container LLC plans to expand operations at its Indianapolis headquarters, more than doubling its staff over the next four years.
State’s jobless rate holds steady at 8.2 percent
Indiana’s unemployment rate remained unchanged in May from the previous month. Because the rate has been at or below 8.5 percent for three consecutive months, the state is no longer eligible for a portion of extended unemployment benefits.
Stonegate Mortgage to relocate growing firm to Indianapolis
Stonegate Mortgage Corp. will move its growing operation to Indianapolis in the next few months after a deal to expand in Fishers fell through.
EDITORIAL: A move to new digs isn’t far-fetched for Angie’s List
The idea of Angie’s List someday pulling up stakes just east of downtown and moving its 650 employees to Fishers, for example, is discouraging for anyone who recognizes the importance of a healthy city core, but the possibility should come as no surprise.
Anderson firm to sell antimicrobial product in big box stores
Coeus Technologies has begun selling its Ultra7 product through HomeDepot.com.
IHOP adding several restaurants
The chain is trying to regain a foothold in central Indiana with two locations under construction and at least three more in the works.
Center on Philanthropy lands funds for study of volunteering habits
School at IU will examine link between participation levels and unemployment.
Two sports media figures exiting Indy market
A local radio personality and an Indiana Pacers sideline reporter are moving on.
Bids opened for Keystone Towers demolition
Quotes came in way below city’s $2 million budget.
NFP of NOTE: School on Wheels Corp.
School on Wheels Corp. provides one-on-one tutoring and educational advocacy for school-age children affected by homelessness.