It’s puzzling to us that leaders of the United
Auto Workers Local 23 are against members even casting a vote on the proposed takeover of GM’s Indianapolis metal-stamping plant by Illinois-based J.D.
Norman Industries.
The owner of Illinois-based JD Norman Industries came to Indianapolis to make a personal plea for United Auto Workers Local
23 to allow a vote on his proposed five-year contract.
The Kurt Vonnegut Memorial Library scheduled to open this fall in downtown Indianapolis will be part library and part museum.
JD Norman Industries advertisement tells employees that its proposal to buy the plant would guarantee
their GM transfer rights without having to close the facility.
Indiana Commerce Secretary Mitch Roob said he was completely surprised by local General Motors workers’ refusal to vote on
a proposed contract by JD Norman Industries, a decision that appears to set up the plant for certain closure.
Shares in ITT Educational Services Inc., based in Carmel, declined 13 percent Monday morning, to $56.02 each, after being downgraded
UAW Local 23 bargaining chairman Gregory Clark says members won’t vote on the proposed contract, which would cut base wages from $29 per hour to $15.50.
Former money manager who tried to fake his death in a plane crash may not have enough money to pay restitution required as
part of a plea deal on securities fraud charges.
Fliers circulating at General Motors' Indianapolis plant show that union members will be offered cash payments of $25,000
to $35,000 and an opportunity to keep a foot in the door with GM, if they agree to work for JD Norman Industries.
Changes in reimbursement could fuel market for WoundVision’s product.
It isn’t difficult to grasp the reasoning behind Mayor Greg Ballard’s proposal to privatize the city’s
parking operations.
The health care industry is responding to reforms that will pay doctors bonuses if they provide high-quality care and save
Medicare money.
A former money manager convicted of trying to fake his own death in a Florida plane crash last year has agreed to plead guilty
to securities fraud charges in Indiana. Marcus Schrenker would face 10 years in prison.
The teachers union at Carmel Clay Schools has ratified a proposed contract. Members voted 228-70 Wednesday night to approve
the agreement with the 15,000-student district. The teachers had been working under terms of an expired contract since July
2008. Union President Sherri Pankratz said she wouldn't disclose details of the contract until the school board approves
it. The board plans to meet Thursday night.
Residents in Anderson may have to pay a fine if they fail to have their dog or cat spayed or neutered. The city council has
proposed an ordinance that would force pet owners to pay a $100 fine for each litter their animal has. It would also
require people who breed pets to have a permit. The council hopes the proposed measure will cut down on the exploding number
of cats and dogs that overwhelm local shelters.
San Antonio-based Biglari Holdings Inc. said late Monday it will delay a planned Aug. 24 shareholder meeting to give the company
time to
address “misinformation” regarding its CEO’s controversial pay package.
The influence of founders’ families in public companies usually wanes over time. But few firms accelerate the process,
as Finish Line is doing.
We’re happy to see that partisanship didn’t sink Mayor Greg Ballard’s plan to sell Indianapolis’
water and sewer utilities to Citizens Energy Group. Now city leaders need to make sure they spend the money wisely.
The U.S. Department of Justice has charged Ke-xue Huang, a native of China’s Hunan province, of stealing trade secrets of
a Dow AgroSciences insecticide and giving them to the People’s Republic of China. Federal agents arrested the former Dow Agro
scientist July 13 in Westboro, Mass.
Developer Leif Hinterberger has spent five years and most of his savings trying to build a $19M mixed-use
project at 49th Street and College Avenue. The project could be in trouble if he doesn’t get city
support.
