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Allison Transmission turns quarterly profit despite 49% decline in revenue
Allison Transmission Holdings Inc. on Tuesday reported second-quarter earnings that surpassed Wall Street expectations but revenue that fell short.
Allison Transmission Holdings Inc. on Tuesday reported second-quarter earnings that surpassed Wall Street expectations but revenue that fell short.
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, but Indiana saw a major decline in claims.
Indiana Gov. Eric Holcomb on Wednesday said he would pass a statewide mask mandate because of a recent rise in the COVID-19 positivity rate.
Get the latest tidbits on pandemic-related closures, delays, testing and other news in this ongoing series of updates.
Former U.S. Rep. Todd Rokita will be the Republican Party’s nominee for Indiana Attorney General, narrowly topping embattled incumbent Curtis Hill in a vote of delegates, the Indiana GOP announced Friday.
The women’s pro basketball league announced on Monday that seven of its 137 players have tested positive. Fever officials confirmed two of them played for Indiana.
State Rep. Dan Forestal, D-Indianapolis, 37, was jailed Friday on preliminary charges including battery of a public safety official and resisting law enforcement.
Organizers said the event will be replaced with a modified State Fair 4-H Livestock Show featuring additional activities.
Indianapolis Motor Speedway officials said allowing spectators would be too difficult because of possible social distancing restrictions in place for the COVID-19 pandemic.
Get the latest news on the coronavirus and COVID-19 in this ongoing series of updates available outside IBJ’s paywall.
COVID-19 has become a significant problem for the industry. An estimated 25% of U.S. pork processing capacity has closed in recent days.
In addition, the GMR Grand Prix—typically run as part of May’s Indy 500 festivities—will move to July 4 on the IMS road course and be conducted in conjunction with the Brickyard 400.
Franklin College terminated President Thomas Minar over the weekend after he was arrested in Wisconsin “for use of a computer to facilitate a sex crime, child enticement, and to expose a child to harmful materials/narrations,” the school said Monday afternoon.
The 46-year-old kicker had an MRI on his left knee last week after posting career-worst numbers this season.
Hill’s decision comes as he awaits the outcome of an Indiana Supreme Court Disciplinary Commission hearing over allegations he drunkenly groped a state lawmaker and three legislative staffers at a party in March 2018.
PlayUSA.com Network, a news and research organization that follows sports gambling and operates PlayNJ.com and PlayIndiana.com, called the first-month data “impressive.”
Colts backup quarterback Jacoby Brisset is expected to take over as the starter of a team that some had pegged as a contender for the Super Bowl. “We’ll make this city proud,” said General Manager Chris Ballard.
The Indianapolis-based real estate investment trust said it started $395 million of developments during the quarter totaling 2.6 million square feet.
The Indianapolis-based real estate investment trust saw profit shrink, but it beat Wall Street predictions with higher-than-expected funds from operations, a key industry metric.
Applications for home construction fell 13% in central Indiana in June, marking the seventh straight month of declining permit filings.