Articles

EDITORIAL: Star newsroom layoffs shortsighted

There was no rejoicing when word of The Indianapolis Star’s most recent round of layoffs reached the IBJ newsroom, no celebratory toasts to the continued erosion of our once-mighty daily competitor.

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City’s Rebuild Indy money to revamp railroad overpasses

The city of Indianapolis released bids soliciting contractors to repaint, clean and add lighting underneath the overpasses at Meridian, Pennsylvania and Illinois streets and College and Capitol avenues downtown, and on 10th Street east of the Monon Trail.

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IndyCar appears poised to drop Milwaukee race

IndyCar Series CEO Randy Bernard is considering taking the open-wheel series to the Road America road course in Elkhart Lake, Wis., for 2012. That race could replace the Milwaukee race, which Bernard said faces a 50-percent chance of being eliminated.

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PROXY CORNER: Vera Bradley Inc.

Fort Wayne-based Vera Bradley Inc. sells handbags, accessories, paper-and-gift items and travel items through 3,300 specialty stores and 45 Vera Bradley stores nationwide.

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Red Gold moving headquarters to Elwood

The Orestes-based company—the nation’s second-largest tomato canner—on Tuesday announced plans to invest $3.5 million to convert a former Elwood elementary school into a new corporate headquarters.

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Emmis selling three major radio stations

Emmis Communications Corp. has reached an agreement to sell three big-market radio stations to a partnership involving a private equity firm and a prominent media executive, the company disclosed Tuesday morning.

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State’s jobless rate holds steady at 8.2 percent

Indiana’s unemployment rate remained unchanged in May from the previous month. Because the rate has been at or below 8.5 percent for three consecutive months, the state is no longer eligible for a portion of extended unemployment benefits.

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