State tax revenue down again in August
Indiana tax collections in August fell $12 million below a May forecast, marking more bad news on the state’s financial front.
Indiana tax collections in August fell $12 million below a May forecast, marking more bad news on the state’s financial front.
Fountain Square is getting a new fountain in a project that’s been in the works for more than a decade.
The mathematical version of the Scripps National Spelling Bee is coming to Indianapolis in 2010, according to the director
of the organization that hosts the event.
The Fountain Square neighborhood will meet at 3 p.m. Tuesday at the Shelbi Street Café & Bistro Lounge to mark
the start of work on a $650,000 project to replace its landmark fountain.
Republic Airways Holdings Inc. is considering shifting as many as 250 jobs to its home base of Indianapolis as a result of
its pending acquisition of Frontier Airlines Holdings Inc. in Denver, according to a news report.
The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job
market that will make it hard for the economy to begin a sustained recovery.
A Greenwood-based tool and machine parts manufacturer plans to add up to 43 jobs in the next six months by combining operations
from two other states.
Columbus-based Cummins Inc. is recalling 438 hourly workers, including 340 at its Midrange Engine Plant in Walesboro.
Indiana officials are asking the U.S. Supreme Court to reconsider hearing their objections to the Chrysler bankruptcy proceedings
that resulted in its takeover by Italian automaker Fiat.
A company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce
a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules
that could be used in most any car with a power seat.
Chicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center
in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.
The Indiana Fiscal Policy Institute’s board has hired Indianapolis Star business columnist John Ketzenberger to engineer a resuscitation.
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several
other players poised to be big players in the sector. In fact, few realize that North America’s largest producer
of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
Forty-three former employees of Navistar Inc.’s shuttered diesel engine plant have sued the company, claiming it
breached their collective bargaining agreement by moving plant work in recent years to non-union facilities.
They used to say that downtown Indianapolis rolled up the sidewalks at 6 p.m. No one says
that anymore. Now they say those sidewalks need to be clean. Sidewalk cleanliness is important on a day-to-day
basis for aesthetic reasons, but even more so when Indianapolis wants to put on its best face for major events
like the Final Four, the Indianapolis 500 and the Super Bowl.
Furniture is one of the easiest big-ticket purchases for consumers to defer when money is tight. Couple
that with a housing bust that left demand for new couches on the curb, and tight credit markets that
continue to prevent retailers from financing customers without perfect credit, and you’ve got the
worst market for furniture since the Great Depression.
Heartland Sweeteners LLC is now a top maker of private-label alternatives to Splenda. The company also
markets its own products directly to consumers.
“Is Indiana now a football state?” and other questions.
Need your entire team—no matter where they are—to be working together? Here’s a site that will help.