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Symphony musicians, management take big pay cuts
Indianapolis Symphony Orchestra musicians will take a 12-percent pay cut this year, saving the cash-strapped organization
$4 million. Management-side salary reductions should save another $2 million.
IU: Indiana economy turned in March
The Indiana economy turned up in March, but the recovery has been slow and dogged. That’s the picture painted by a new
monthly index unveiled Wednesday by the Indiana Business Research Center within the Kelley School of Business at Indiana University.
Fever exec ‘confident’ about team’s future
As the Indiana Fever try to win their first WNBA championship, an executive with the team’s parent organization
is
optimistic the women’s basketball squad will remain in Indianapolis.
Senate bill doesn’t fund Rolls-Royce jet engine
The measure holds potential bad news for Indianapolis engine maker Rolls-Royce because it does not contain funding for a key
jet engine the company produces, but lawmakers are expected to restore funding when the Senate and House combine bills into
a final version.
‘Makeover’ making another trip to central Indiana
Popular ABC show ‘Extreme Makeover: Home Edition’ is returning to central Indiana.
Cummins recalling more workers to Indiana engine plant
Enginemaker Cummins Inc. is temporarily adding a second production shift at its MidRange Engine Plant south of Columbus, recalling
as many as 270 workers who had been laid off or transferred to other facilities when it was idled in May.
Caterpillar plans about 100 layoffs at Indiana plant
Caterpillar Inc. plans to lay off about 100 workers from an Indiana engine plant where it has already cut hundreds of jobs.
Cabela’s puts Greenwood property up for sale
Cabela’s is selling the land on which it had planned to build a store in Greenwood.
Ivy Tech building new campus in Anderson
Ivy Tech Community College will build a $20 million campus along Interstate 69 in Anderson, school and city officials
announced Tuesday.
Delphi emerges from Chapter 11 after 4 years
Auto parts supplier Delphi finally exited bankruptcy protection on Tuesday nearly four years to the day it filed for Chapter
11.
Trial delayed for money manager Schrenker
An Indiana judge has delayed until March the trial on securities fraud charges of a former money manager who tried to fake
his own death by jumping from a small plane before it crashed in Florida.
Remy unveils ‘off the shelf’ electric motor
Pendleton-based Remy International today formally unveiled its ‘off the shelf’ electric motors for hybrid vehicles.
Indianapolis Museum of Art wins national honor
IMA is one of 10 institutions
across the country that will receive the 2009 National Medal for Museum and Library Service.
IT consultant up for tax abatement
A city board this week will consider tax abatements worth about $47,000 over six years for Indianapolis-based IT consultant
Apparatus Inc., which is moving its headquarters to the former WFYI building at 1401 N. Meridian St.
Proposed Fishers medical park faces uncertain demand
Fishers development officials hope to create a huge cluster of medical and research facilities near Interstate 69’s Exit
10, near St. Vincent Medical Center Northeast, but local real estate experts disagree about the amount of potential demand
for such a development.
Why Indy seems slow to ban smoking
If Indianapolis is considered a model on fronts ranging from downtown revitalization to fiscal responsibility, why is it so
late to ban smoking? George Geib, who has been observing Indianapolis as a Butler University historian for 45 years, thinks
the reluctance can be traced to immigration patterns.
Logistics firm expanding headquarters in Greenwood
Greenwood-based Avram Worldwide said today that it will expand its headquarters and distribution operations in the city, and
plans to create 78 jobs by 2013.
Indy Partnership’s Web site, newsletter recognized
Indy Partnership has been chosen to receive three Excellence in Economic Development Awards today at the International Economic Development
Council’s annual conference in Reno, Nev.