David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, is facing an administrative complaint from the Indiana Securities Division, which alleges 13 violations for unethical, dishonest and deceptive practices.
Union employees at General Motors' Indianapolis metal-stamping plant have overwhelmingly rejected a proposed pay cut that would have kept the facility open.
Persuading workers at General Motors' Indianapolis metal-stamping plant to accept a pay cut would be a feat, but it won't be the last challenge that JD Norman Industries would face.
The Indianapolis Colts have unanimously voted to decertify the players' union, a key step that could allow them to sue the NFL in case there is a lockout next season.
The local grocery workers union has pulled its request for an election at Marsh's supermarket in Beech Grove, saying recent events cast a pall over the vote that was scheduled for Friday.
Workers at the Beech Grove grocery will vote Sept. 17. The United Food and Commercial Workers would have to prevail in votes at all locations to provide representation for the entire chain.
For labor unions to survive, they must follow the path of their more successful brethren in trade unions.
A businessman seeking to buy General Motors Co.'s Indianapolis metal-stamping plant met with workers Sunday at Lucas Oil
Stadium to urge them to accept pay cuts allowing the sale.
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.
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.
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.
The UAW in Detroit said Local 23 will vote Monday on Illinois-based JD Norman's proposal to buy an Indianapolis stamping
plant where more than 600 work, but a local rep says workers don't want to negotiate.
Local 700 said worker interest in union representation began to rise at Marsh Supermarkets after Florida-based private equity
group Sun Capital Partners acquired the grocery chain in 2006.
Negotiations for wage cuts meant to grease the sale of a General Motors stamping plant slated for closure will proceed over
public protest of 650 local union
workers.
There’s more time for Illinois-based JD Norman Industries to hammer out a deal to buy a General Motors stamping plant
in Indianapolis, potentially saving hundreds of local jobs.
United Auto Workers official Maurice "Mo" Davison is making one last attempt
to put a deal together for a Chicago-area firm to buy the General Motors stamping plant southwest of downtown Indianapolis,
which is slated to close in 2011.
United Food and Commercial Workers Local 700 says the grocery chain used illegal interrogation practices and fired a worker
for exercising his right to organize a union.
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.
Unite Here, a Chicago-based hotel workers union, has been trying to organize employees at the Westin Indianapolis, Hyatt Regency
Indianapolis and Sheraton Indianapolis Hotel & Suites.
