Allison Transmission workers approve labor contracts
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
Hostess Brands Inc. said Friday it will close all of its plants, leading to the loss of hundreds of jobs in Indiana and thousands more nationwide. The company employs 288 in Indianapolis.
The commercial transmission maker's existing contracts, which were set to expire at 11:59 p.m. Wednesday, will remain in force until noon Nov. 21.
Members of United Auto Workers Local 933, which represents roughly 1,500 hourly workers, could declare a strike if negotiators do not reach an agreement with Allison Transmission by a Wednesday deadline.
Indianapolis Symphony Orchestra musicians’ contract negotiations remain stalled and another week of concerts has been canceled after a Saturday deadline passed with no resolution.
Hostess Brands Inc., the maker of Twinkies and Wonderbread, has received the go-ahead from a U.S. bankruptcy court judge to lower wages for thousands of bakery workers, affecting more than 400 employees in Indiana.
Indianapolis Symphony Orchestra executives have given musicians until 6 p.m. Saturday to decide on a contract offer that asks for significantly fewer concessions than previous proposals. But musicians say the offer is unacceptable due to an escape clause.
The Indianapolis Symphony Orchestra’s decision to cancel the first two weeks of its season and lock out musicians could carry long-term risks in alienating subscribers and donors, observers say.
Indianapolis Symphony Orchestra on Saturday canceled the first two weeks of its new season, saying even a temporary extension of musicians’ just-expired contract would intensify the organization’s financial woes.
Indianapolis Symphony Orchestra managers and musicians failed to meet a Friday deadline to agree on a new contract, but the symphony did not immediately follow through on threats to cancel the first two weeks of its new season.
Even if the Indianapolis Symphony Orchestra’s management and musicians overcome gaping differences and reach a contract agreement, industry experts say disconcerting questions will continue to hang over the organization.
Local economic development groups are wasting no time touting Indiana's new right-to-work law, a spot check shows.
Right-to-work, smoking ban were only two of a long list of actions taken.
Vectren has locked out 270 union workers at several Indiana worksites after the union rejected a proposed three-year-contract.
The agency in charge of attracting business expansions to Indiana unanimously passed a resolution to support a right-to-work law, arguing that the state is automatically eliminated from many economic deals because it lacks such legislation.
Sports business experts with knowledge of the new collective bargaining agreement expected to be ratified by NBA owners and players this week think it will push the Indiana Pacers toward breaking even but won’t ensure the team’s long-term profitability.
NBA players and owners reached a tentative agreement early Saturday to end the 149-day lockout and hope to begin the delayed season with a marquee tripleheader Dec. 25. Most of a season that seemed in jeopardy of being lost entirely will be salvaged if both sides approve the handshake deal.
The Indiana Pacers have already lost eight preseason games and eight regular-season games, with half of those events scheduled for Conseco Fieldhouse. Extending the stoppage through Dec. 15 will cost the Pacers another 15 games, including six at home.
National Basketball Association players rejected the league's latest offer Monday and have begun the process to disband the union. The decision likely jeopardizes the season.
The decision has little impact on the thousands of Indiana GM and Chrysler workers. As part of 2009 government bailouts, the two firms and their workers had to agree not to strike over wages.