Colts’ challenge: Pay up for Luck without emptying coffers
The Colts want to avoid past mistakes, when the team devoted so much of its salary cap to Peyton Manning that it took a herculean effort to build a solid roster around him.
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Republic, Purdue team up to bolster pilot ranks
The company says the shortage is partly to blame for its decreased profits, and the university fears the low pay that’s driving the shortage could threaten student interest in its professional flight school.
Republic on quest to quell pilot strife
A years-long contract dispute between the airline, officially Republic Airways Holdings Inc., and the labor union that represents its pilots has grown bitter under the stress of a new lawsuit.
Work rules split pilots, Republic
Republic Airways Holdings and the union that represents its pilots are so far apart in contract talks that the National Mediation Board in Washington, D.C., won’t schedule more meetings between the parties. Republic has agreed to higher pay, but the union wants significant changes to work rules that affect quality of life and, the union insists, passenger safety.
Allison Transmission workers approve labor contracts
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
Allison Transmission workers may strike this week
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.
Hostess mulling Indiana plant closures after walkout
A Hostess spokesman said the company is debating whether it will close its Indiana plants after workers went on strike on Friday. Hostess employs about 875 workers in Indiana, including 288 in Indianapolis.
ISO must raise $5M in less than four months, according to deal
The Indianapolis Symphony Orchestra has until Feb. 3, 2013, to collect $5 million—almost as much as it typically raises in a full year–or its five-year agreement with its musicians that’s set to kick in the following day will be nullified.
Symphony standoff might fray local support
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’s woes aren’t just about money
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.
Vectren locks out union workers in dispute
Vectren has locked out 270 union workers at several Indiana worksites after the union rejected a proposed three-year-contract.
Labor deal not a panacea for Pacers
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.
Chrysler, UAW agree on new contract
The new four-year contract, which still must be ratified by workers, would create 2,100 jobs. Chrysler also agreed to invest $4.5 billion in its plants under the deal. Last year, the automaker announced plans to spend nearly $1.3 billion to update its facilities in Kokomo.
UAW extends GM, Chrysler pacts after deadline passes
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.
Rolls-Royce, union strike deal as competition looms
Competition from a new, state-of-the-art Rolls-Royce factory in Virginia drove contract talks in Indianapolis between the company and a union representing 1,700 of its workers here.
NFL, union agree to 24-hour deadline extension
The NFL and the players' union decided Thursday to keep the current collective bargaining agreement in place for an additional 24 hours so that negotiations can continue.
NFL lockout could prove costly to Indy economy
The worst case scenario — no season — would mean the city of Indianapolis sustaining the most expensive hit in league history.
Prospective GM plant buyer pleads case in advertisement
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.
Unsettled NFL labor pact complicates Manning contract
Colts owner Jim Irsay wants to make quarterback Peyton Manning the highest-paid player in the NFL when his contract expires next year. But a dispute over compensation in the National Football League is complicating efforts to sign him to a long-term deal.
UPDATE: Alcoa, union reach tentative agreement
Aluminum giant Alcoa Inc. reached a tentative agreement on a new contract with its largest union Tuesday. It still must be ratified by union members in Indiana and seven other states.