Officials in four Midwestern states badly hurt by the auto industry’s woes are lining up to ask the Cabinet secretaries crisscrossing the region for a better deal when it comes to getting funds from the federal recovery act. With the bankruptcy filing of industry icon General Motors Corp. just days old and Chrysler LLC plants […]
The U.S. Court of Appeals for the Second Circuit late last night put Chrysler LLC’s bankruptcy sale to Fiat Group on hold in order to hear an appeal by a trio of Indiana state pension and construction funds that object to the deal. The New York City court agreed to hear legal arguments by the […]
A federal bankruptcy judge has approved the sale of most of Chrysler LLC’s assets to Italy’s Fiat, moving the American automaker a step closer to its goal of a quick exit from court protection. But it didn’t take long for a trio of Indiana state pension and construction funds to file an appeal, saying that […]
Goodyear officials in town today for a NASCAR tire test at the Indianapolis Motor Speedway said they have fixed problems that plagued the company’s tires at last year’s Brickyard 400.
NASCAR officials last year…
A federal bankruptcy judge approved the sale of most of Chrysler LLC’s assets to Italy’s Fiat, moving the American automaker a step closer to its goal of a quick exit from court protection. But a trio of Indiana state pension and construction funds filed an appeal, saying that the ruling sets aside the rights of […]
A bankruptcy judge said Friday that he will rule by today on whether Chrysler LLC can go forward with its plan sell most of the company to a group headed by Italy’s Fiat and take a big step toward its goal of a speedy exit from Chapter 11. U.S. Judge Arthur Gonzalez’s ruling will likely […]
With the clock ticking on a June 1 government deadline to restructure, General Motors Corp. worked feverishly yesterday to shore up its global businesses to clear the way for a speedy reorganization in bankruptcy court. GM, part of American life for more than 100 years and once the country’s largest employer, is expected to file […]
I went away after the Indianapolis 500 once again convinced I’d experienced the Greatest Spectacle in Racing, but I didn’t
view the race with a critical eye like my pal Robin Miller did.
Of this and that while wondering what happened to the month of May: Rex Early, former Marion County Republican chairman, is the author of one of my all-time-favorite lines. Said Rex, “It’s a mighty thin pancake that doesn’t have two sides.” Early even wrote a book using that as the title. So it was that […]
How serious is next week’s NASCAR tire test at the Indianapolis Motor Speedway?
Goodyear, who was largely credited for ruining last year’s Brickyard 400 NASCAR race, has called on one of its biggest critics…
Most recall Indianapolis Motor Speedway boss Tony George’s proclamation following last year’s Brickyard 400 NASCAR race. George said the problems that plagued the Goodyear tires on the fendered cars were issues for NASCAR…
Indianapolis-based BioStorage Technologies Inc. announced today that it plans to create 125 jobs by 2012 and invest more than $6.1 million to expand operations. BioStorage Technologies provides long-term cold storage for advanced biomaterials used in drug development. The company, co-founded in 2002 by CEO F. John Mills, currently has 80 employees. The investment will be […]
Normal 0 false false false MicrosoftInternetExplorer4 Tony George is still the CEO of Indianapolis Motor Speedway. How much longer he holds the title remains unclear. Yesterday afternoon, track officials denied a report that the board of directors voted to oust the 49-year-old CEO and said that George has instead been asked to create a more […]
State and city officials will be at BioStorage Technologies Inc. on the west side of Indianapolis this morning to announce an expansion of the company. Indianapolis-based BioStorage Technologies provides long-term cold storage for advanced biomaterials used in drug development. The company, co-founded in 2002 by CEO Dr. F. John Mills, currently has 80 employees. BioStorage […]
The Indianapolis Motor Speedway this afternoon released a statement denying a published report that Tony George had been told to step down as CEO of IMS by the track’s board of directors after a meeting last night. The statement did confirm that George’s role in the management of various Hulman family businesses was discussed at […]
Tony George denied a report today that he has been ousted as CEO of the Indianapolis Motor Speedway Normal 0 false false false MicrosoftInternetExplorer4 . However, Ron Green, official spokesperson for IMS, said he would “neither confirm nor deny” the report, and said the speedway will issue a statement regarding the matter this afternoon. Meanwhile, […]
Tony George was voted out as chairman of the Indianapolis Motor Speedway last night by the IMS board of directors after 20 years in charge, SpeedTV.com is reporting. IMS board members include George’s mother, Mari; his sisters Josie, Nancy and Kathy; attorney Jack Snyder and George himself. George, 49, will reportedly retain his position as […]
Indianapolis Colts quarterback Peyton Manning isn’t the only one confused about the future of coaches Tom Moore and Howard Mudd. Colts President Bill Polian said he too has found it hard to follow…
There seems to be an increasing uproar in the Indy Racing League paddock that driver Milka Duno is a 200-mile-an-hour hazard that league officials need to deal with. The crew on Wind Tunnel…
A focus on old-world quality with modern services and efficiency drives the owners of Simply Sweet Shoppe & Second Story Playhouse.
