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Keihin Indiana Precision Technology Inc. in Greenfield said this morning that it will cut 20 percent of its workforce, or 180 employees, in April. The reduction is the latest measure the company has taken to adjust to declining auto sales. The supplier of fuel-injection systems to Honda Motor Co. previously imposed pay cuts, four-day work […]
C.P. Morgan Communities, the most prolific builder in the Indianapolis area for a decade, plans to shut down for good tomorrow, another victim of the worst housing slump in a generation. “This is one of the most difficult decisions I’ve ever had to make,” owner Charles P. Morgan said in a statement. “With home prices […]
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 […]
The Greatest Spectacle in Racing is 87 days away, but today you can get your first look at the 2009 Indy 500 pace car. Former winners Al Unser Jr., Johnny Rutherford and Eddie Cheever Jr. will be on hand for the unveiling at the Indianapolis Motor Speedway Hall of Fame Museum at 4 p.m. Fox […]
Indianapolis police are trying to determine the cause of an accident that killed a young driver just after midnight. Investigators say he lost control of his car, slammed into a traffic light at East Adler and South Meridian streets, and then crashed into two parked cars. The young man has not been identified.
An Indianapolis police officer was hurt early this morning after a traffic stop turned into a fight. According to the officer, the driver of a red Dodge Durango led him on a short chase on southbound Interstate 65. After stopping near the bridge over I-465, the driver got out and started fighting with him. The […]
Police are searching for the person or persons responsible for gunning down a 22-year-old at an east-side Indianapolis apartment complex. Adrian Curtis, of Indianapolis, was shot in the head yesterday afternoon at Blackburn Terrace Apartments. Investigators say Curtis had been banned from the complex. They are now looking for a white Chevy van that witnesses […]
C.P. Morgan Communities, the most prolific builder in the Indianapolis area for a decade, plans to shut down for good Feb. 27, another victim of the worst housing slump in a generation. “This is one of the most difficult decisions I’ve ever had to make,” owner Charles P. Morgan said in a statement. “With home […]
Local merchandiser MainGate Inc. scored its fourth deal with an NFL team in less than a year. And the most recent deal is no small catch. Yesterday, MainGate CEO Dave Moroknek announced a…
Mount Vernon-based SABIC Innovative Plastics said yesterday it plans to lay off as many as 125 workers next month as part of a series of cost-cutting measures. The measures include reducing executive salaries, freezing salaried employees’ pay and reducing the company’s 401(k) match. The plant, which employs about 1,200 workers in the southern Indiana community, […]
New-home sales tumbled to a record-low annual pace in January and there’s no relief in sight as mounting damage from the collapsed housing market pushes the country deeper into recession. The Commerce Department reported today that sales fell 10.2 percent, to a seasonally adjusted annual rate of 309,000, the worst showing on records going back […]
New jobless claims rose more than expected last week and the number of laid-off Americans continuing to receive unemployment benefits topped 5.1 million, fresh evidence the recession is increasingly forcing employers to shed jobs. The Labor Department said today that first-time requests for unemployment benefits jumped to 667,000 from the previous week’s figure of 631,000. […]
The state’s casinos would get tax breaks under a bill approved yesterday by the Indiana House. The bill would lower tax rates for casinos at the state’s pari-mutuel tracks in Anderson and Shelbyville. They’re struggling to pay debts they took on to pay $250 million each in slot machine licensing fees. The bill would also […]
After this post, there will be a self-imposed moratorium on Danica Patrick-related news on The Score. Even I can see we’ve gotten a little carried away. But Sports Illustrated’s response to the Danica tattoo flap that surfaced two weeks ago…
Information technology companies would do well to outsource business processes to Indianapolis, a new KPMG
report says.
The accounting and consulting firm included only one other U.S. city, Boise, Idaho, on an international list
of 31 places where companies are likely…
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…
