Thousands of union workers packed the Statehouse yesterday to protest proposed cuts in jobless benefits as lawmakers try to compromise on legislation to fix Indiana’s bankrupt unemployment insurance fund. Republicans who control the Senate have proposed a plan that would increase employer taxes, reduce benefits for most jobless claimants and tighten eligibility standards. Democrats who […]
Construction workers gathered in Indianapolis for a midday rally at the Indiana Statehouse to protest proposed cuts in unemployment insurance benefits. Lawmakers have been trying to come up with a solution for the state’s unemployment insurance fund, which has been paying out hundreds of millions of dollars more in benefits than it has been collecting […]
It looks like scrappy Chrysler LLC might yet escape the auctioneer’s gavel. The smallest of the three major U.S.-based automakers cleared two major hurdles yesterday in its quest for survival, agreeing on a concession agreement with negotiators for the United Auto Workers and winning ratification of its cost-cutting deal with the Canadian Auto Workers. That […]
Construction workers are gathering in Indianapolis today for a midday rally at the Indiana Statehouse to protest proposed cuts in unemployment insurance benefits. Lawmakers have been trying to come up with a solution for the state’s unemployment insurance fund, which has been paying out hundreds of millions of dollars more in benefits than it has […]
General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to take company stock in exchange for half of GM’s government debt as part of a major restructuring effort needed to get more government aid. The struggling automaker also said it […]
Supporters of a proposal that would set Indiana’s first comprehensive renewable energy policy are watching closely as the legislative session enters its final days, although key lawmakers aren’t optimistic that the measure will pass. Indiana is the only state in the Upper Midwest without a renewable energy standard – a policy that sets a specific […]
U.S. Rep. Mike Pence says a proposal by congressional Democrats to regulate gases some blame for global warming could cost the average American household more than $3,000 a year in higher energy costs. Pence, a Republican from Indiana, said Democrats’ proposed cap-and-trade legislation to deal with carbon dioxide emissions would also drive more American manufacturing […]
Indianapolis Colts owner Jim Irsay says the positions taken by Indiana lawmakers and local officials over a $47 million shortfall at the city’s stadium agency could hurt attempts to recruit new businesses to the city and state. He said he wasn’t open to renegotiations. Irsay, talking to reporters during a break from the NFL draft […]
Republican Sen. Luke Kenley of Noblesville says he’s more optimistic now than he was a few weeks ago about the chances of reaching an agreement that would help Indianapolis’ cash-strapped stadium agency. State lawmakers on a joint House-Senate conference committee met for two hours yesterday talking about possible solutions for the Indianapolis Capital Improvement Board, […]
General Motors Corp. said today it will temporarily close 13 assembly plants in the U.S. and Mexico, some for more than two months, laying off nearly 24,000 workers to pare back a bloated inventory. The closures, which will start in May, vary by factory from as short as three weeks to a long as 11, […]
Indiana lawmakers on a legislative panel said yesterday they are confident they can reach a compromise on a new state budget, but key differences remain in plans backed by House Democrats and Senate Republicans. A House-Senate conference committee discussed its proposals publicly, a week before the April 29 deadline for the legislative session to end. […]
A union official said about 100 workers have been laid off from a central Indiana auto-parts plant over the last two weeks. International Brotherhood of Electrical Workers steward Patrick Owens said Emcon Technologies is laying off workers at the Columbus plant because of a slowdown as it awaits new business from Cummins Inc. and Volkswagen. […]
Indiana lawmakers on a legislative panel said yesterday they are confident they can reach a compromise on a new state budget, but key differences remain in plans backed by House Democrats and Senate Republicans. A House-Senate conference committee discussed its proposals publicly, a week before the April 29 deadline for the legislative session to end. […]
General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories of unsold vehicles, three people briefed on the plan said yesterday. Thousands of GM workers could learn about the decision as early as today. The exact dates of […]
Casinos would be the only public indoor places in Indiana where smokers could light up if a legislator can win passage of a statewide smoking-ban law. Rep. Charlie Brown (D-Gary) wants to amend another one of his bills to include the ban on smoking in most public indoor places. He said today that he’s willing […]
An Indiana biotechnology company announced yesterday that it has begun producing a genetically modified yeast that promises to make it easier and faster to turn corn cobs, wood chips and a host of agricultural wastes into ethanol. Green Tech America Inc. of West Lafayette said its modified yeast ferments both major forms of sugar – […]
Two northern Indiana manufacturers have announced that they are closing operations, cutting about 130 jobs. Nebraska-based Valmont Industries Inc. will close its steel operations unit in Elkhart on June 16, laying off about 70 employees. The company makes steel and aluminum poles for street lights and traffic signals. Plant manager Franco Garcia said the company […]
Two northern Indiana manufacturers have announced that they are closing operations, cutting about 130 jobs. Nebraska-based Valmont Industries Inc. will close its steel operations unit in Elkhart on June 16, laying off about 70 employees. The company makes steel and aluminum poles for street lights and traffic signals. Plant manager Franco Garcia said the company […]
Anderson-based startup Bright Automotive yesterday finally unveiled the Idea, a 100-mile-per-gallon plug-in hybrid electric van that it is looking to sell to fleet customers such as businesses and government agencies. The automaker’s goal is to produce 50,000 vehicles a year starting in 2013. The ultimate outcome, it hopes, will be millions of dollars in savings […]
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 An Indiana biotechnology company announced yesterday that it has begun producing a genetically modified yeast that promises to make it easier and faster to turn corn cobs, wood chips and a host of agricultural wastes into ethanol. Green Tech America Inc. of West Lafayette said its […]
