Allison Transmission turns quarterly profit despite 49% decline in revenue
Allison Transmission Holdings Inc. on Tuesday reported second-quarter earnings that surpassed Wall Street expectations but revenue that fell short.
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Fishers couple injured in Florida boat crash sue Zionsville CEO they say was driving unsafely
Jarrett and Lauren Silagyi were thrown from the high-powered boat and severely injured in the crash, which occurred when Daniel Towriss of Zionsville drove the boat into a South Florida jetty. The suit accuses him of drinking before the incident, but he has not been charged.
Indiana teachers union supports national threat to strike over unsafe reopenings
The union—which statewide represents around 4,500 educators and school support staff—made its call for schools to open only if coronavirus cases are under control and schools have the needed safeguards.
For unemployed, rising grocery prices stretching budgets during pandemic
Compared to this time last year, prices for beef and veal are up 25.1%. Eggs are up 12.1%, and pork is up 11.8% from a year earlier, according to seasonally adjusted data.
Fort Wayne city panel pulls $62M in funding to redevelop former GE site
The terminated economic development agreement called for a $280 million mixed-use redevelopment of the former 31-acre General Electric campus with new commercial and retail space. The site once employed more than 10,000 GE workers.
Trump signs $3B-a-year plan to boost conservation, parks
Supporters say the Great American Outdoors Act is the most significant conservation legislation enacted in nearly half a century.
No masks, no distance: Pandemic wedding horrors for vendors
Now that weddings have slowly cranked up under a patchwork of ever-shifting state and local restrictions, planners, photographers and other bridal vendors have a heap of new worries in the middle of the pandemic.
Performance Racing Industry hoping to hold December trade show
More than 940 exhibitors have already registered for the event, which could bring upwards of 67,000 people to the Indiana Convention Center and generate an economic impact of $65.2 million. But county health officials haven’t yet approved the event.
Indy 500 to run without fans in the stands
The race had been postponed from its usual Memorial Day weekend date to Aug. 23, before announcements that the track would limit seating to 50% and then later 25%—with masks required—and now with no fans at all.
Indiana reports another 836 COVID-19 cases, 14 more deaths
Marion County reported an increase of 166 cases, the 19th straight day that cases in the county have risen by more than 100.
Horizon House plans 36-unit apartment project for homeless on downtown’s east side
The four-story project will also feature office space for Horizon House, which is located adjacent to the site and has provided services for homeless individuals since 1990.
COVID-19 reshapes back-to-school spending
The National Retail Federation, the nation’s largest retail trade group, predicts record back-to-school spending this year, but other retail experts foresee big cutbacks.
As pre-K gains momentum in Indiana, pandemic creates new obstacles
After several years of building up its pre-K program, Indiana is now poised to evaluate the success of On My Way Pre-K. But the coronavirus could make it difficult.
NFL plans to use tech, lessons from baseball to forge ahead
The National Football League, a little over a month from the start of its 2020 season, has a plan to avoid the kind of coronavirus-driven game cancellations that have plagued the start of Major League Baseball.
California’s lockdown-related job losses portend trouble for rest of nation
Renewed job losses in California brought on by revived lockdown efforts might have a preliminary impact in the July U.S. jobs report due Friday—and an even bigger effect in August.
Indiana Senate Democrats targeting four Marion County races
The Indiana Senate Democrats Committee, the campaign arm of the Indiana Senate Democratic Caucus, is expected to announce its “Flip List” on Tuesday morning, and four of the five races on the list cover parts of Marion County.
Ambrose plans $75M redevelopment of former Navistar plant property
Ambrose acquired the 90-acre property at 5655 S. Brookville Road in mid-July for $8.2 million—more than five years after Illinois-based Navistar International Corp. shuttered its foundry operations there.
GM alleges Fiat Chrysler spent millions to bribe UAW leaders
General Motors is asking a federal judge to reconsider his dismissal of a lawsuit based on new allegations that Fiat Chrysler bribed union officials and GM employees with millions stashed in secret foreign bank accounts.
Federal nursing home plan limits upfront supply of free COVID-19 tests
The weekly cost of testing employees could range from more than $19,000 to nearly $38,000, according to estimates. But the Trump administration said nursing homes can cover the cost of ongoing testing from a $5 billion pot provided by Congress, and allocated to the facilities by the White House.
Carmel OKs Estridge townhouse development despite concern from neighbors
At least one person was ordered to leave the Carmel City Council meeting Monday for interrupting the council’s review of plans for 15 townhouses on the city’s north side.