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The world’s airlines will collectively lose $9 billion this year – nearly double the previous projections – and face a slow recovery as the economic crisis saps air travel and cargo demand, an industry body warned today.The International Air Transport Association, which represents 230 airlines worldwide, increased its loss estimate from the $4.7 billion it […]
More foreign car brands could find their way into American garages under a plan by auto racing magnate Roger Penske’s dealership group to snap up Saturn from the ruins of General Motors Corp. The deal announced Friday is one more example of how the cataclysm that hit Detroit’s three carmakers is reshaping the global automotive […]
Authorities in Madison say a fire that heavily damaged the 154-year-old Jefferson County Courthouse last month was accidental. Investigators said today that a contractor who was soldering two sections of pipe accidentally started the fire in a wooden part of the roof. The May 20 fire destroyed the courthouse’s dome-topped bell tower. A county official […]
An elderly woman missing for more than eight hours is safe this morning. Lizzie Holmes, 83, who suffers from Alzheimer’s disease, walked away from her home late last night, prompting a massive search from East 56th Street to East 38th Street, and from Fall Creek Parkway to Franklin Road. The search, which included the use […]
The Westfield City Council is expecting a big turnout at public hearing tonight to discuss a proposed smoking ban. The ordinance would eliminate smoking in public places and businesses, including restaurants, bars and eight out of every 10 hotel rooms. Violators would pay fines between $50 and $500. The meeting starts at 7 p.m. at […]
Executives of Emmis Communications Corp. collectively earned 25 percent less in fiscal 2009 compared with the prior year, according to a filing sent to shareholders today notifying them of the company’s July 14 annual meeting. The decrease in pay coincides with recent financial struggles plaguing the Indianapolis-based radio-broadcasting and magazine-publishing company. Emmis CEO Jeff Smulyan […]
Duke Energy Corp. has struck a settlement with customer groups as part of a regulatory request to upgrade its electric grid, including the use of “smart” electric meters, the company announced today. If approved by the Indiana Utility Regulatory Commission, Duke would begin installing the meters within six months. The Charlotte, N.C.-based utility eventually plans […]
The city’s Capital Improvement Board will meet today for the first time since Indiana Gov. Mitch Daniels and Indianapolis Mayor Greg Ballard presented their plan to rescue the financially troubled entity. Last Thursday, the two proposed raising hotel, rental car and sports-admission taxes, and merging the CIB into a new agency, to raise the funds […]
Duke Energy Corp. has struck a settlement with customer groups as part of a regulatory request to upgrade its electric grid, including the use of “smart” electric meters, the company announced today. If approved by the Indiana Utility Regulatory Commission, Duke would begin installing the meters within six months. The Charlotte, N.C.-based utility eventually plans […]
Normal 0 false false false MicrosoftInternetExplorer4 Executives of Emmis Communications Corp. collectively earned 25 percent less in fiscal 2009 compared with the prior year, according to a filing sent to shareholders today notifying them of the company’s July 14 annual meeting. The decrease in pay coincides with recent financial struggles plaguing the Indianapolis-based radio-broadcasting and […]
The Indiana State Teachers Association and its parent organization, the National Education Association, will pay the long-term disability costs of current beneficiaries despite a previous announcement to the contrary. About 650 disabled Indiana teachers are receiving monthly benefit payments. The benefits for teachers who bought long-term disability coverage from the ISTA Insurance Trust had been […]
I almost choked on my Cheerios when the Indy Racing League led Sunday’s 7 a.m. ESPN Sports Center. The same held true for 8 a.m. Heck, the open-wheel series was never the lead…
A proposed $9 million project called Fletcher Place Arts calls for 56 mostly one-bedroom apartments, 8,700 square feet of first-floor retail or office space, and…
Beneath Americaâ??s financial woes lies a lack of innovation, a recent BusinessWeek article argues. A paucity
of breakthrough products could have triggered the nationâ??s borrowing binge and ultimately the financial meltdown,
it says.
Hereâ??s the logic: A decade ago,…
Gov. Mitch Daniels says Indiana’s schools are “among America’s luckiest” since they have so far avoided cuts during the recession. But only some Indiana schools would find four-leaf clovers under Daniels’ budget proposal. Suburban schools with booming enrollments would see funding increases, while urban and rural school districts that are losing students would see decreases. […]
So what did you do this weekend?
From “Janis Rocks” at Birdy’s to the Indianapolis Symphony’s “Pictures at an Exhibition” to “Wicked” at the Murat, there was a lot to do.
I caught “Wicked” on Thursday (review coming up next week in the print…
Three Indiana state pension and construction funds are asking the Supreme Court to block Chrysler’s sale to Fiat so they can pursue an appeal in hopes of getting a better deal. Also filing emergency papers at the high court yesterday were lawyers representing consumer groups and individuals with product-related lawsuits. An appeals court in New […]
Kelly Krauskopf has combined a calm, easy demeanor with an intense competitive drive to shape the city’s 10-year-old team
into a title contender. She considers every year a make-or-break season.
Current and former employees of Bloomington-based International Outsourcing Services LLC are under assault by federal prosecutors
who charged they participated in a scheme to bilk some of the nation’s largest issuers of coupons out of more than $250 million.
Report: Insured pay dearly to fund others’ health care Providers inflate bills to compensate for losses Health insurance premiums for an average family are $1,000 a year higher because of costs of health care for the uninsured, a new report finds. And private coverage for the average individual costs an extra $370 a year because […]
