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The city plans to partner with a private developer on a $65 million downtown redevelopment project adjacent to the former home of Market Square Arena. Parking garage resolution and Tax abatement resolution. Plans for the mid-rise project call for 600 apartments and 37,000 square feet of retail space at the long-vacant former Bank One operations […]
Indianapolis didn’t exactly warm to Spicy Pickle. The Denver-based restaurant chain shut down both of its Indianapolis-area locations shortly after opening them last year. But the chain hasn’t rid itself…
The union president who represents workers at a General Motors Corp. plant in Indianapolis says he’s saddened that the plant might close sooner than had been expected as part of GM’s bankruptcy reorganization. Normal 0 false false false MicrosoftInternetExplorer4 United Auto Workers Local 23 President James Kendall said GM told union officials this morning the […]
General Motors filed for Chapter 11 bankruptcy protection today as part of the Obama administration’s plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government.GM’s bankruptcy filing is the fourth-largest in U.S. history and the largest for an industrial company. The company said it has $172.81 […]
The union president who represents workers at a General Motors Corp. plant in Indianapolis says he’s saddened that the plant might close sooner than had been expected as part of GM’s bankruptcy reorganization. United Auto Workers Local 23 President James Kendall said GM told union officials this morning the stamping operations on White River Parkway […]
Indianapolis-based Hurco Cos. reported a $281,000 loss in its latest fiscal quarter after sales dropped a whopping 65 percent. Hurco announced after the market closed Friday that it lost 4 cents per share in the second quarter, which ended April 30. That’s down dramatically from the $5.5 million, or 85 cents per share, it made […]
Family and friends are scheduled to gather today to remember a Hoosier senior airman who lost her life in Afghanistan. Ashton Goodman, a 21-year-old Indianapolis native and Warren Central High School graduate, was killed last Tuesday by an improvised explosive device. Her visitation is from 5 p.m. to 7 p.m. today at Flanner and Buchanan […]
In a long, narrow room lined on both sides with metal and plywood shelving, a few dozen jars of peanut butter and cans of green beans dot the mostly vacant spaces in the Salvation Army food pantry. “We are a little bit empty right now,” said Rodney Morin, director of the Anderson pantry. Over the […]
A search is ongoing for a missing 93-year-old woman from the rural town of Linton in Greene County. Esther Risher, who has been missing since Tuesday, drives a dark-blue 1993 four-door Buick Regal with Indiana license plate number 28C5471.
General Motors filed for Chapter 11 bankruptcy protection today as part of the Obama administration’s plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government. Normal 0 false false false MicrosoftInternetExplorer4 GM’s bankruptcy filing is the fourth-largest in U.S. history and the largest for an industrial […]
U.S. construction spending rose 0.8 percent in April, defying economists’ forecasts for a decline. The unexpected gain – the most since August – marked the second straight month that builders boosted spending on construction projects around the country, the Commerce Department reported today. Economists were bracing for a 1.2-percent drop in construction spending for April. […]
Indiana University will lose two of its top Bloomington campus administrators as Richard McKaig and Terry Clapacs retire this summer. McKaig is the campus’ dean of students and will retire July 31 after 38 years at the university. Clapacs is the vice president and chief administration officer and will end his 43 years with IU […]
Indianapolis-based Hurco Cos. reported a $281,000 loss in its latest fiscal quarter after sales dropped a whopping 65 percent. Hurco announced after the market closed Friday that it lost 4 cents per share in the second quarter, which ended April 30. That’s down dramatically from the $5.5 million, or 85 cents per share, it made […]
Goodyear officials in town today for a NASCAR tire test at the Indianapolis Motor Speedway said they have fixed problems that plagued the company’s tires at last year’s Brickyard 400.
NASCAR officials last year…
The union president who represents workers at a General Motors Corp. plant in Indianapolis says he’s saddened that the plant may close sooner than had been scheduled as part of GM’s bankruptcy reorganization. United Auto Workers Local 23 president James Kendall said GM told union officials this morning the stamping operations on White River Parkway […]
A federal bankruptcy judge approved the sale of most of Chrysler LLC’s assets to Italy’s Fiat, moving the American automaker a step closer to its goal of a quick exit from court protection. But a trio of Indiana state pension and construction funds filed an appeal, saying that the ruling sets aside the rights of […]
Frugal consumers trimmed spending in April – although by less than expected – as rising unemployment kept pocketbooks in check. With income growth far outpacing spending, Americans’ personal savings rate zoomed to 5.7 percent, the highest since February 1995, the Commerce Department reported today. Consumer spending dipped 0.1 percent in April. That was slightly less […]
General Motors Corp., the century-old automaker battered by the economic downturn, mounting debt and management problems, filed for Chapter 11 bankruptcy protection this morning as part of an Obama administration plan to shrink the automaker to a sustainable size and give a majority-ownership stake to the federal government. GM’s bankruptcy filing is the fourth-largest in […]
Gov. Mitch Daniels will outline his latest budget proposal to Indiana residents during a live television broadcast tonight at 6 p.m., a day before going over the plan with lawmakers. Daniels’ office said Friday that the remarks will only last about 5 minutes. Tomorrow, a formal budget presentation will be made to a legislative committee. […]
A bankruptcy judge said Friday that he will rule by today on whether Chrysler LLC can go forward with its plan sell most of the company to a group headed by Italy’s Fiat and take a big step toward its goal of a speedy exit from Chapter 11. U.S. Judge Arthur Gonzalez’s ruling will likely […]
