The union representing about 200 employees at the Indianapolis Star voted overwhelmingly this weekend to accept a one-week furlough for each of its members in hopes of avoiding further layoffs. Officials at Star parent Gannett Co. Inc. announced last week that all of its employees would be required to take one week off without pay […]
A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three
months of the state’s new fiscal year.
The lucrative National FFA convention will be split between Indianapolis and Louisville from 2013 to 2019, the Louisville television station WHAS-TV Channel 11 reported last night, citing unnamed sources familiar with an announcement planned this morning. Indianapolis snatched rights from Louisville to host the convention from 2006 to 2012 after Louisville had seen the blue-jacketed […]
Click here to view a video of the announcement. Indianapolis attorney and businessman Michael Maurer is giving $35 million to the Indiana University School of Law in Bloomington, which has been renamed in his honor. The gift, the largest in the law school’s history to come from a single donor, will fund an undetermined number […]
Founded in 1983, Faerber’s Bee Window’s main product — windows — has changed dramatically, as has almost every aspect
of
its business, from manufacturing to marketing.
Emmis Communications Corp. struggles to contain expenses and minimize debts due to radio advertising shortfalls.
Small-town newspaper editors know that the more names of people they cram into each issue, the better the
chances someone will pick up the paper.
Now the principle has caught on in a big way with the largest publications â?? and…
A Dayton, Ohio, television station is reporting that a company that helps home-school parents develop curriculum has narrowed its choice for a relocation to the eastern Indiana city of Richmond or a city in Iowa. WHIO-TV Channel 7 didn’t identify the company or its source of the report. However, the station said the company would […]
With the economic swoon and no political ad campaigns in 2009, TV ad revenue could hit a 10-year low next year.
More than three weeks after Bright House Networks stopped carrying television signals of three Indianapolis television stations over its cable network, Bright House and the stations’ owner have reached an agreement to restore the service. Lin TV Corp., the Providence, R.I., owner of WISH-TV Channel 8, WNDY-TV Channel 23 and WIIH-TV Channel 17, said the […]
Emboldened by the deal he signed to put his company’s name on the Indianapolis Colts’ new home, Forrest Lucas has launched
an arsenal of creative-some would say unorthodox-initiatives to fortify his growing company. Many of them are designed to
help Lucas Oil Products Inc. go head to head with the oil industry’s biggest players.
Revenue from its overseas radio stations helped Emmis Communications Corp. post a $1.2 million profit in its second quarter following three consecutive quarterly losses.The Indianapolis radio and magazine publishing company this morning reported financial results for the period ended Aug. 31, beating analysts’ estimates but down significantly from the $11.8 million reported for the same quarter last […]
Allen County officials have stopped construction of a Fort Wayne hotel because a section of the seven stories that have risen into the air is sinking, according to WANE-TV Channel 15. The project, which is near I-69 and U.S. 24, is settling because it was built on topsoil, the Fort Wayne station reported. The contractor, […]
Officials with Rhode Island-based Lin TV Corp., the parent company of WISH-TV Channel 8, and Bright House Networks were still huddled together as of 11 a.m. trying to iron out an agreement that would put the local channel back on the cable dial.Officials for Bright House-which has 125,000 central Indiana subscribers-have refused to pay what […]
Bright House Networks has stopped transmitting signals of three local TV stations owned by Lin TV Corp., including WISH-TV Channel 8, after the parties failed to agree to extend their current deal. Rhode Island-based Lin, which also owns WNDY-TV Channel 23 and WIIH-TV Channel 17, had complained that Bright House refused to negotiate. Bright House, […]
For more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis’ stock has fallen 84 percent, shrinking the company’s stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis’ highest-profile businesses.
The Anderson money manager known as “Big Joe” got his start as an independent insurance agent in Lafayette. He had been on the job just two weeks before Black Monday struck Wall Street in October 1987. The market shed more than 22 percent of its value, the largest one-day decline in U.S. history. With no clients and no money, the 20-year-old temporarily left the insurance industry and landed a job at AT&T’s old Western Electric division, helping rewire Ball State…
Despite almost three months of attempted negotiations, officials for Lin TV Corp. and Bright House Networks have not been able to agree to extend their current deal to retransmit Lin’s three local channels on the cable system. Lin officials say Bright House has not responded to their proposals. However, Buz Nesbit, president of Florida-based Bright […]
Barack Obama named Sen. Joe Biden of Delaware as his vice presidential running mate early Saturday, passing over Indiana Sen. Evan Bayh, who was informed yesterday that he was not the pick. The selection of Biden balances Obama’s ticket with a seasoned congressional veteran well-versed in foreign policy and defense issues. Obama announced the pick […]
The Bob & Tom Show, the long-running morning radio show, will be shown on the WGN America network beginning Nov. 3, the show said today. WGN will broadcast highlights of the radio show from midnight to 1 a.m. Eastern Time. Locally, the program is being carried on WTTV-TV Channel 4. The show, which features comedy […]
