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As the city of Indianapolis continues to explore selling sponsorships to help bridge a yawning budget gap,
some interesting ideas are turning up.
As IBJ writer Riya V. Anandwala reports, proposals include sponsoring abandoned lots, underwriting the salting
of city…
So, three decades of decline has come to this for General Motors: a Chapter 11 bankruptcy petition expected
to be filed Monday.
Lots of problems contributed to its downfall, but now the carmaker faces an extremely steep climb.
The bankruptcy…
Second in a series of dispatches from New York.
I’ve got mixed feelings about the, for now, temporary move to block traffic on Times Square and Duffy Square in midtown Manhattan. (Look for yourself here)
The experiment, which started this week, certainly gives the…
The federal government will offer guaranteed lines of credit to automobile, boat, recreational vehicle and other dealerships under a pilot program through the Small Business Administration. SBA Administrator Karen Mills said the Dealer Floor Plan financing program will be available July 1 through Sept. 30, 2010, and will offer dealerships a way “to get through […]
A fourth prominent Republican has decided to challenge longtime Indiana Congressman Dan Burton in next year’s GOP primary. State Rep. Mike Murphy of Indianapolis announced his candidacy today in Tipton at the vacant Getrag transmission plant that the company stopped building last year during a dispute with Chrysler. Murphy is a former Marion County Republican […]
About 200 production workers at a Fairfield Manufacturing Co. factory in Lafayette are being laid off. Fairfield vice president Jim Mills said the company has seen its business decline more than 30 percent in recent months and there’s no sign of recovery. The Lafayette Journal & Courier reported that before this week’s layoffs, 147 of […]
Express Scripts Inc. has cleared an
antitrust review for its planned purchase of Indianapolis-based WellPoint
Inc.’s pharmacy benefits management business, bringing the $4.7 billion deal
closer to completion.
A fire set in a restroom filled a central Indiana movie theater with smoke and prompted its evacuation. The Noblesville Fire Department said the fire was set last night in a men’s room stall at the Goodrich Quality IMAX Theatre. No injuries were reported, but the fire caused an estimated $25,000 in damage before it […]
The leader of the Indiana Senate says he’s taking gambling issues off the table during the upcoming special session so that lawmakers can focus on putting together a new state budget. Senate President Pro Tem David Long said today the Senate will consider only one bill – the budget. The Fort Wayne Republican said gambling […]
Two high-ranking White House officials will be in Kokomo today to talk with auto workers, small-business owners and labor officials about the crisis gripping the automobile industry. The city has four Chrysler plants that employ about 5,000 workers. Sen. Evan Bayh and U.S. Rep. Joe Donnelly, both Indiana Democrats, are also expected to participate.
An Indianapolis man is in police custody, accused of driving while intoxicated and causing a morning accident that spilled more than 50 gallons of diesel fuel at Emerson Avenue and 56th Street. Police say the man’s SUV ran a red light and slammed into the cab of a tractor trailer. Lawrence and Indianapolis firefighters worked […]
Two Hoosiers have made it to the semifinal round of the 82nd Scripps National Spelling Bee in Washington, D.C. Eighth-graders Vaibhav Vavilala of Carmel and Kennyi Aouad of Terre Haute are among 41 spellers competing for a spot in tonight’s finals. The event’s reigning champion is also a Hoosier: 13-year-old Sameer Mishra of West Lafayette.
All Mississinewa schools in Grant County were put on a two-hour delay this morning after school buses were vandalized. At least one source said someone let the air out of the bus tires, but that account has not been confirmed by school officials.
The leader of the Indiana Senate said today he’s taking gambling issues off the table during the upcoming special session so lawmakers can focus on putting together a new state budget. Senate President Pro Tem David Long, a Fort Wayne Republican, said gambling issues would be distracting. Lawmakers still hope to find a solution for […]
The hits keep on coming for the unfinished Binford Medical Complex at 65th Street and Binford Boulevard as the urgent care center that served as the development’s anchor…
Most recall Indianapolis Motor Speedway boss Tony George’s proclamation following last year’s Brickyard 400 NASCAR race. George said the problems that plagued the Goodyear tires on the fendered cars were issues for NASCAR…
Normal 0 false false false MicrosoftInternetExplorer4 Evansville-based Shoe Carnival Inc. today reported flat same-store sales and declining profit in its fiscal first quarter. Profit in the period ended May 2 fell 15 percent, to $4.1 million, compared to the same period a year earlier, the footwear retailer said. Still, the 33 cents per share topped […]
Indianapolis-based BioStorage Technologies Inc. announced today that it plans to create 125 jobs by 2012 and invest more than $6.1 million to expand operations. BioStorage Technologies provides long-term cold storage for advanced biomaterials used in drug development. The company, co-founded in 2002 by CEO F. John Mills, currently has 80 employees. The investment will be […]
For the next few posts, I’ll be logging in from New York City, where I’m on a multi-tasking trip that includes a trio (at least) of Broadway shows to review. I also will be reporting from BookExpo America, the publishers/booksellers…
Normal 0 false false false MicrosoftInternetExplorer4 Tony George is still the CEO of Indianapolis Motor Speedway. How much longer he holds the title remains unclear. Yesterday afternoon, track officials denied a report that the board of directors voted to oust the 49-year-old CEO and said that George has instead been asked to create a more […]
