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Bombardier dealt blow by Republic’s bankruptcy filing
Bombardier Inc.’s embattled C Series program was dealt another blow after one of its largest customers, Indianapolis-based Republic Airways Holdings Inc., filed for creditor protection in New York on Thursday.
Ferebee gets a raise, contract extension despite complaints
The new contract increases Ferebee’s potential pay to $287,000 a year and extends his contract until 2019.
Former dentistry clinic director sues IU over firing
A former clinic director and 30-year faculty member at the IU School of Dentistry in Indianapolis who was fired last year after students complained he inappropriately touched them is suing to get his job back, saying he was denied a fair hearing.
Teacher pay legislation opposed by unions faces uncertain fate
One proposal that would give school districts authority to negotiate higher pay with individual teachers faces an uncertain fate after the Republican Senate leader pronounced it dead Thursday. Another measure is still alive in the House.
Local real estate market continues to strengthen
Leaders of Cushman & Wakefield pointed to several factors during the firm’s annual State of Real Estate outlook when providing their rosy forecast.
Pilot shortage, other pressures push Republic into bankruptcy
Indianapolis-based Republic reached a watershed contract agreement with pilots last October, but it wasn’t enough to allow the carrier to regain its financial footing. Republic shares plummeted on news of the bankruptcy filing.
Manufacturer turns tiny cars into big business
GreenLight Collectibles—a maker and wholesaler of replica cars, trucks, boats, trailers and other diminutive look-alikes—has managed to gain speed with growing revenue and new distribution deals—all while many of its competitors have hit the wall.
Kite to add housing at Rangeline and 116th
Kite Realty Group Trust is preparing to replace one of its struggling Carmel retail strips with a mixed-use development, but the firm has released few details about the project.
Well-funded real estate newcomer turning heads
Out-of-state developer Hendricks Commercial Properties hopes to make a bold statement in Indianapolis with its $260 million pitch for a mixed-use project on a highly coveted piece of downtown land.
And the Oscar goes to … (maybe)
Will “Spotlight” find the spotlight or will “The Revenant” prove relevant on Oscar night.
Verge goes national, finds friction over name
Founder Matt Hunckler believes emerging tech hubs across the country can benefit from the connections and information Verge offers, so he’s been charting a course for national expansion.
Recycling industry buffeted by falling prices
With prices tumbling for scrap metal, used paper and old plastic bottles, recycling firms around Indiana are watching revenue drop. Most are working harder to find buyers that will pay a decent price for their truckloads of materials. Some are idling operations.
City to face another hard-to-fill shuttered factory
The only memories of thousands of long-gone manufacturing jobs are the giant, vacant factories left behind when companies bolt—after consolidation, restructuring or in search of cheaper labor.
Maurer’s Pence column may change few minds
The joy of owning the IBJ must reside in your being given the every-other-week opportunity to write what you think, sensing somewhere out there someone will listen … someone will care … someone will come to your point of view.
Labor costs don’t doom manufacturing in U.S.
If you can become more efficient in other ways, you can make up for the higher labor cost, especially if you have products that are expensive to ship from other countries.
GUNDERMAN: How nourishing is your reading diet?
What was the last influential book you read? For too many Hoosier leaders, the answer is a title from the bookstore’s business or self-help sections.
RICHARDSON: Less talk, more action on culture
I’m going to jump out the window if I hear another person say, “Our culture sucks because HR is not getting it right.”
MAURER: Don Davis was a character—and friend
The consummate pitchman, gun seller had some opinions that might surprise you.
EDITORIAL: Pence’s stubborn energy stance ill-serves state
Indiana should tackle the problem on its own, rather than letting federal regulators tell it what to do.