Goodyear: Tire troubles solved
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…
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Indianapolis stamping plant on GM closure list-WEB ONLY
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 […]
Judge OKs sale of most Chrysler assets to Fiat-WEB ONLY
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 […]
Consumer spending dips, savings rate surges-WEB ONLY
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 begins bankruptcy filing-WEB ONLY
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 […]
Daniels to outline budget in live broadcast-WEB ONLY
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. […]
Chrysler bankruptcy-sale ruling likely today-WEB ONLY
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 […]
General Motors preparing to announce bankruptcy-WEB ONLY
With the clock ticking on a June 1 government deadline to restructure, General Motors Corp. worked feverishly yesterday to shore up its global businesses to clear the way for a speedy reorganization in bankruptcy court. GM, part of American life for more than 100 years and once the country’s largest employer, is expected to file […]
Stitcher is more than just Pandora for news junkies
Stitcher bills itself as “a leading mobile audio company that provides a revolutionary media service which allows audio content to be easily aggregated, organized and shared on mobile devices.” It’s sort of like DVR for radio.
Fireworks show fizzles under financial constraints
If you don’t get your fireworks fix on July 4, you’ll no longer have another chance this year to be awed by the colorful displays.
Hoosier named to lead CDC trade organization
Jean Wojtowicz, executive director of the Indiana Statewide Certified Development Corp., has been elected to chair the National
Association of Development Companies, or NADCO, board of directors.
SKARBECK: Are bailouts creating a ‘moral hazard’?
Will individuals and institutions take excessive risks in the future, operating on the belief that the government will step
in to rescue them if they encounter problems?
Transit can be economic engine
We applaud the efforts of those who are laying the groundwork for viable mass transit in the Indianapolis area.
A bit of Lauth history
Regarding the May 25 story, [“Lauth granted reprieve,”] please note that Lauth Property Group is an offshoot of the original company founded by myself and Terry Eaton in 1976. It was then known as Ernst/Eaton Associates.
Skyline Club gets behind local artists
The Skyline Club has reserved one wall of its main dining room for local artists and will also host a series of artist receptions for its members and the general public.
Unprecedented economic forecast revision will frame special session
With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that’s taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.
Experts doubt Indianapolis can lure huge conventions
Indianapolis already hosts three of the top 200 conventions in the country. But additional meeting space coming online late next year could help the city double the number.
Hawaii hotels offering bizarre deals
Hawaii hotels offering bizarre deals With tourism in the dumps, Hawaii hotels are offering unprecedented discounts, freebies and other incentives in hopes of drawing tourists to the islands and survive the economic slump. The wide range of perks include free nights, rental cars, upgraded rooms, 2-for-1 activities, daily breakfast, round of golf, free parking, spa […]
MARCUS: Let’s reassess reassessment
The process of assessment could be simplified and performed uniformly and inexpensively.
Outlying counties, tired of waiting for Indianapolis convention spillover, set own strategies
Some industry insiders worry that, while Indianapolis is busy chasing bigger conventions, adjoining counties may raid the cupboard made plentiful by investments within Marion County, particularly downtown.