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General Motors Corp. said today it will temporarily close 13 assembly plants in the U.S. and Mexico, some for more than two months, laying off nearly 24,000 workers to pare back a bloated inventory. The closures, which will start in May, vary by factory from as short as three weeks to a long as 11, […]
Rankings of Indiana and Purdue universities’ MBA programs moved only slightly from last year, according to U.S. News & World Report’s annual survey of graduate programs released today. Indiana University’s Kelley School of Business dropped two slots into a four-way tie for 22nd, while Purdue University’s Krannert School of Management improved one position to 32nd. […]
Rankings of Indiana and Purdue universities’ MBA programs moved only slightly from last year, according to U.S. News & World Report’s annual survey of graduate programs released today. Indiana University’s Kelley School of Business dropped two slots into a four-way tie for 22nd, while Purdue University’s Krannert School of Management improved one position to 32nd. […]
A troubled Indiana money manager accused of trying to fake his death by parachuting from his plane to escape financial ruin has been found competent for a June trial. A federal judge in Pensacola, Fla., ruled today that Marcus Schrenker should face trial on charges of intentionally crashing the plane and placing false distress calls. […]
The mayor of Westfield announced plans this morning to build a $60 million youth sports complex with a 4,000-seat multipurpose outdoor stadium, indoor sports facilities, and fields for baseball, soccer, softball and lacrosse. The sports facilities would anchor a 1,500-acre development by locally based Estridge Co. along Towne Road between 146th and 161st streets. The […]
A proposal to provide longer prison terms for those who cause the death of an unborn child awaits Gov. Mitch Daniels’ signature. Katherin Shuffield was five months pregnant in April last year when she was shot during a robbery at an Huntington Bank in Indianapolis. The twin girls she was carrying did not survive the […]
A news conference at the Statehouse today urged lawmakers to pass legislation to protect man’s best friend. The bill is aimed at shutting down puppy mills by strengthening Indiana’s anti-cruelty code and providing minimum standards for care for dogs living in large facilities.
Police are looking for two men who allegedly forced their way into Spanish Oaks apartments on the east side of Indianapolis just before midnight and opened fire, shooting a woman in the face. The woman was taken to Methodist Hospital and is expected to recover. Police don’t have a detailed description of the suspects, and […]
Indiana lawmakers on a legislative panel said yesterday they are confident they can reach a compromise on a new state budget, but key differences remain in plans backed by House Democrats and Senate Republicans. A House-Senate conference committee discussed its proposals publicly, a week before the April 29 deadline for the legislative session to end. […]
Continued declines in steel prices led Fort Wayne-based Steel Dynamics Inc. to report today a first-quarter loss of $88 million, or 48 cents a share, compared with a profit of $143 million in the same period a year earlier. The loss exceeded analysts’ expectations of 43 cents per share. Revenue of $815 million was 57 […]
PNC Financial Services Group Inc. this morning reported first-quarter profit more than double analysts’ expectations. The Pittsburgh-based bank reported earnings of $530 million, or $1.03 per share, on $3.9 billion in revenue. It was the second-highest profit in PNC’s history and exceeded last year’s first quarter by 38 percent. On average, analysts surveyed by Thomson […]
A union official said about 100 workers have been laid off from a central Indiana auto-parts plant over the last two weeks. International Brotherhood of Electrical Workers steward Patrick Owens said Emcon Technologies is laying off workers at the Columbus plant because of a slowdown as it awaits new business from Cummins Inc. and Volkswagen. […]
Indy Racing League driver Danica Patrick is ready for take off. Patrick will be unveiling her new Motorola sponsored Indy car at the Indianapolis International Airport May 1. The car will have a…
The mayor of Westfield hopes to build a youth sports complex with a 4,000-seat multipurpose outdoor stadium, indoor sports facilities and fields for baseball, soccer,…
The mayor of Westfield announced plans this morning to build a $60 million youth sports complex with a 4,000-seat multipurpose outdoor stadium, indoor sports facilities, and fields for baseball, soccer, softball and lacrosse. The sports facilities would anchor a 1,500-acre development by locally based Estridge Co. along Towne Road between 146th and 161st streets.
The mayor of Westfield announced plans this morning to build a $60 million youth sports complex with a 4,000-seat multipurpose outdoor stadium, indoor sports facilities, and fields for baseball, soccer, softball and lacrosse. The sports facilities would anchor a 1,500-acre development by locally based Estridge Co. along Towne Road between 146th and 161st streets. The […]
First-quarter profit at Zimmer Holdings Inc. dropped 16 percent, but came in slightly ahead of analysts’ expectations. The Warsaw-based maker of orthopedic implants this morning announced earnings of $202 million, or 91 cents per share, for the three months ended March 31. In the same period last year, Zimmer earned $1.02 per share. Excluding extraordinary […]
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Indiana lawmakers on a legislative panel said yesterday they are confident they can reach a compromise on a new state budget, but key differences remain in plans backed by House Democrats and Senate Republicans. A House-Senate conference committee discussed its proposals publicly, a week before the April 29 deadline for the legislative session to end. […]
