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General Motors Corp. posted a $9.6 billion fourth quarter loss and said it burned through $6.2 billion of cash in the last three months of 2008 as it fought the worst U.S. auto sales climate since 1982 and sought government loans to keep the century-old company running. The nation’s biggest domestic automaker said today it […]
A bill to require chain restaurants in Indiana to make nutritional information available to customers at each location has cleared the Indiana House. The bill failed to pass earlier this session, but its author, Democratic Rep. Charlie Brown of Gary, called it for another vote last night. It passed 51-46 and now moves to the […]
A state lawmaker abandoned a bill yesterday that would have effectively eliminated the Indiana High School Athletic Association and replaced it with a board under the state Department of Education. Rep. David Niezgodski (D-South Bend) is upset over the way the IHSAA has handled the eligibility case of a female high school basketball player in […]
Political sparring in the narrowly divided Indiana House has sidelined legislation to help fix the state’s bankrupt unemployment insurance fund – but lawmakers say the critical issue will be revived. The proposal would have significantly raised taxes on employers to help balance the fund. The account pays out millions of dollars more than it collects […]
Can “Watchmen,” based on the acclaimed graphic novel, hold its own with such recent superhero standard-bearers as “Iron Man” and “The Dark Knight”?
Be one of the first to find out. I’m giving away passes to the March 5th (okay, technically…
Sheryl Crow, Herbie Hancock and other entertainers yesterday urged Congress to force radio stations to pay performers when their music is broadcast – a proposal that doesn’t sit well with the radio industry. Jeff Smulyan, chairman of Indianapolis-based Emmis Communications Corp., said a move to pay performers amounts to another tax and would come at […]
A House bill that would have provided temporary tax breaks to three Indiana gambling venues was expanded last night to include all 11 riverboat casinos and two pari-mutuel horse tracks in the state. According to the Louisville Courier-Journal, House Bill 1729 would lower tax rates for the state’s two racinos and allow the state’s riverboat […]
Rose-Hulman Institute of Technology’s president is leaving the Terre Haute engineering school to become provost of the California Maritime Academy. Gerald Jakubowski had announced his resignation, effective June 30, from Rose-Hulman on Monday, but did not then give a reason. The maritime academy near San Francisco is part of California State University system. Jakubowski told […]
A device to perform chemical and biological analyses and an Internet-based company that helps raise money for mission trips won the top prizes yesterday at Purdue University’s 22nd annual Burton D. Morgan Business Plan Competition. Microfluidic Innovations claimed the $30,000 prize in the division for graduate students. The company is developing a programmable lab-on-a-chip device […]
Cummins Inc. announced this morning that it revised its fourth quarter and annual operating results for 2008 downward to reflect higher warranty liability than previously reported. The Columbus manufacturer’s profit dropped by $46 million during the fourth quarter, to reflect a change in warranty cost estimates for its midrange engine products launched in 2007. Also, […]
Firefighters found two bodies last night inside a burning house on the near-east side. Crews were called to a two-story home at 17 N. Oxford St., just east of Rural Street, about 8:30 p.m. Officers describe the victims as a black man and a white woman. The home appeared to have been abandoned and the […]
The Department of Defense confirmed that an Indianapolis soldier has been killed in Iraq. Army Pfc. Zachary Nordmeyer, 21, and two others soldiers died Monday when their unit was attacked in Balad. All three soldiers were members of the 25th Infantry Division based out of Fort Wainwright, Alaska.
Indiana lawmakers on both sides of the aisle were quick to react to President Barack Obama’s address to Congress last night. Democratic Congressman Andre Carson of Indianapolis released a statement calling the presidential agenda “ambitious,” adding that the president will “continue to rise above typical Washington politics.” On the Republican side, Indiana Rep. Dan Burton […]
Marvin Harrison’s exit from Indianapolis was as elusive as his moves on the field. He slid out of town after meeting with Indianapolis Colts ownership without ever being seen. Colts fans are left…
Nine lies about “Cats” (Which is in the midst of a revival at Beef & Boards Dinner Theatre).
1. “Cats” is the epitome of the safe, predictable Broadway show. Go into your way-back machine and try to imagine someone approaching…
Paul Dieterlen is the unusual veterinarian who doesnâ??t have a pet. But Dieterlen, who retired recently from
overseeing the meat-inspection division within the State Board of Animal Health, says that if he had one,
it would be a horse.
So it…
A local hospitality supply firm has refreshed its 106-year-old building at 640 N. Capitol Ave. with a new coat of paint, a power wash and a five-foot-tall…
One of Indiana’s pioneering life sciences companies is ailing badly. Bioanalytical Systems Inc. said last week it lost money for a fifth straight quarter as revenue plummeted. The West Lafayette-based company lost nearly $1.6 million in its first fiscal quarter ended Dec. 31, a loss 10 times as large as it recorded in the same […]
The legions of fund-raisers colleges hired during the boom years have a new mission for these tough economic times: Go easy on the hard sell. Talk about financial aid, not shiny new buildings. If prospects can’t give now, lay the groundwork for when the economy recovers. Victoria Gorrell, the head fund-raiser at Kalamazoo College in […]
The Indiana Senate has passed a bill that would give taxpayers a break if the state’s surplus is at least 10 percent of the budget. Republican Gov. Mitch Daniels supports the proposal, and the GOP-led Senate approved it 34-16 yesterday. But don’t expect tax credits any time soon. Indiana is struggling to keep its budget […]
