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13872 results for 'articles'

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UPDATE: Lower demand costs more Cummins jobs-WEB ONLY

February 2, 2009

Columbus engine maker Cummins Inc. said today it has offered voluntary retirement packages to 700 hourly employees in Indiana as it looks to trim as many as 350 more jobs. Cummins, which reports fourth-quarter earnings tomorrow, has suffered from a drop in demand for its diesel engines and related products. Since October, it has taken […]

Emmis CEO uses storm to pitch radio cell phones-WEB ONLY

February 2, 2009

Winter storms that crippled parts of the Midwest recently prompted Emmis Communications Corp. CEO Jeff Smulyan to again call on cell phone manufacturers to install radio receivers in their units. If cell phones had FM receivers, Smulyan argued, radio stations could have served an even wider audience searching for updates on the weather, road conditions […]

Mixed news for Lilly drug pipeline-WEB ONLY

February 2, 2009

Eli Lilly and Co. got good news and bad news Friday. The same day U.S. regulators recommended Lilly’s blood thinner prasugrel for market approval, one of the Indianapolis pharmaceutical company’s partners reported poor clinical results for one of its most promising drugs. Canada-based BioMS Medical Corp. said its lead drug for treating relapse remitting multiple […]

1 arrested, 1 sought after nightclub shooting-WEB ONLY

February 2, 2009

Indianapolis police are still looking for a man who opened fire in a nightclub parking lot early yesterday, injuring five people. The incident happened at about 2:30 a.m. at King of Clubs near Ritter Avenue and Brookville Road. Officers say some patrons were gathering for a birthday party when a fight broke out. According to […]

Emmis CEO uses storm to advocate radio cell phones-WEB ONLY

February 2, 2009

Winter storms that crippled parts of the Midwest recently prompted Emmis Communications Corp. CEO Jeff Smulyan to again call on cell phone manufacturers to install radio receivers in their units. If cell phones had FM receivers, Smulyan argued, radio stations could have served an even wider audience searching for updates on the weather, road conditions […]

Super Bowl ads raise record $206M for NBC-WEB ONLY

February 2, 2009

NBC sold out its 69-spot advertising inventory for yesterday’s Super Bowl, pushing total ad revenue for the event to a record $206 million – not bad in the middle of a recession. The Super Bowl is a premier advertising event with an U.S. audience of 100 million viewers, many of whom watch closely during game […]

Batesville brothers win $1M for Super Bowl spot-WEB ONLY

February 2, 2009

Two unemployed Hoosiers have earned $1 million for creating the Super Bowl’s top-ranked commercial. Joe and Dave Herbert of Batesville won the third-annual Doritos “Crash the Super Bowl” challenge and earned high marks from viewers. Their ad features a man predicting free Doritos for his co-workers, then breaking a vending machine with a crystal ball. […]

Thousands of Hoosiers still without power-WEB ONLY

February 2, 2009

Thousands of southern Indiana residents are still without power following last week’s winter storm. Vectren reports 20,000 outages as of last night, mostly in the Evansville area. More than 100,000 customers were left without electricity as a result of the storm. Vectren officials say most power should be restored by Thursday, though isolated outages could […]

Mayor suggests raising part of downtown Franklin-WEB ONLY

February 2, 2009

A plan from the mayor of Franklin to rejuvenate the downtown area includes raising by 3 or 4 feet several blocks that were heavily damaged by flooding last year. Mayor Fred Paris acknowledges that the plan is nowhere near final, but says by elevating the southwest part of downtown, the city would create a scenic […]

INDOT workers honored for returning $100K find-WEB ONLY

February 2, 2009

Gov. Mitch Daniels today recognized three Indiana Department of Transportation workers who found more than $100,000 in an old tire along Interstate 70. The workers were picking up trash east of Indianapolis two weeks ago and found a wad of bills in an abandoned tire. They reported the discovery to state police, who believe the […]

Dropping demand costs more jobs at Cummins-WEB ONLY

February 2, 2009

Columbus engine maker Cummins Inc. said today it has offered voluntary retirement packages to 700 hourly employees in Indiana as it looks to trim as many as 350 more jobs. Cummins, which reports fourth-quarter earnings tomorrow, has suffered from a drop in demand for its diesel engines and related products. Since October, it has taken […]

Stimulus to change dynamics at Statehouse-WEB ONLY

February 2, 2009

There’s no doubt that Gov. Mitch Daniels, lawmakers and school officials will cash the check when Indiana receives its share of a federal stimulus package making its way through Congress. Daniels and legislators began this session expecting to have little new money to spend over the next two years, but now the state and its […]

Home sales continued to slide last quarter-WEB ONLY

February 2, 2009

Home sales in central Indiana continue to slide, declining 18 percent in the fourth quarter compared to the same period the previous year, the Metropolitan Indianapolis Board of Realtors reported today. Units sold in the 13 counties tracked by the trade group dropped to 4,966 in the three months ended Dec. 31. All counties showed […]

A new anchor for Fall Creek Place?

February 2, 2009

Check out this rendering of plans for the vacant northeast corner of 22nd and Delaware streets. The two-story project would be built to…

Foreign-born entrepreneurs

February 2, 2009

Midwestern cities donâ??t attract a lot of immigrants, and Indianapolis is no exception.

The weather is uncomfortable and the region has a reputation for close-mindedness â?? not the kind of place
where newcomers want to sink roots.

A recent blog…

Cummins looking to cut another 350 jobs-WEB ONLY

February 2, 2009

Columbus engine maker Cummins Inc. said today that it has offered voluntary retirement packages to about 700 hourly employees in southern Indiana. The company will accept as many as 350 voluntary retirement applications, and most of the affected employees are expected to leave their jobs by March 1. “The demand for our engines and related […]

Knight could come cheap for UGA

February 2, 2009

Former Indiana University coach Bob Knight is contemplating coming out of retirement. Multiple sources said if the University of Georgia offers Knight its vacant men’s basketball coaching job, Knight would accept.

“I have never…

U. of Southern Indiana names new president-WEB ONLY

February 2, 2009

A top administrator at the University of Southern Indiana has been picked as the school’s new president. The university Board of Trustees on Saturday appointed Linda L.M. Bennett to replace school President H. Ray Hoops on July 1. Hoops is retiring after 15 years as president of the nearly 10,000-student school in Evansville. Bennett has […]

Cash-strapped gambling firm pushing bill in Legislature; Centaur trying to recover from Pennsylvania setback

February 2, 2009

Centaur is lobbying the Indiana General Assembly to let it transfer 500 slots from its Hoosier Park horse track in Anderson
to the Fort Wayne area.

In hard times, is big-time sports willing to budge?

February 2, 2009

Even as the economy spirals downward, no one gives a thought to bringing some kind of fiscal sanity to the overall enterprise of sports.

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