IBJ Staff

Evansville-based American General Finance, a subsidiary of AIG, plans to cut 500 jobs and close 150 offices throughout the country, according to the Evansville Courier & Press. AIG spokesman Mark Herr declined to say when or where the cuts and closings would occur but told the newspaper that the company will reassign some employees to […]

Peoria, Ill.-based Caterpillar Inc. plans to lay off 141 Indiana employees for at least six months at its Large Engine Center in Lafayette, the Lafayette Journal & Courier reported today. Caterpillar also plans to implement an unspecified number of “rolling layoffs,” or furloughs, during the remainder of the year, the company told the newspaper in […]

Calumet Specialty Products Partners L.P. this morning reported a profit of $75.6 million in the first quarter, bouncing back from a loss of $3.4 million in the same period of 2008.   The Indianapolis-based refiner and processor of specialty lubricants attributed the higher profit to significantly lower prices on crude oil, which it uses to […]

Workers at a Cummins Inc. engine plant are working only two days this week and may see additional cuts in hours due to the shutdown of a Chrysler pickup truck assembly plant in Mexico. The Cummins Midrange Engine Plant in Walesboro makes engines for the Chrysler plant in Saltillo, Mexico, which has been shut down […]

Two men are in critical condition this morning after they were shot last night in the 3400 block of Broadway Street in Indianapolis. Police say up to 30 shots were fired. The victims, ages 56 and 32, were taken to Wishard Hospital and are expected to survive their injuries. Police are looking for a dark-colored […]

Indy 500 festivities kick into gear today at the Indianapolis Motor Speedway when rookie drivers hit the track for their first practice this morning and orientation program this afternoon from 2-5 p.m. Tomorrow marks the track’s official opening day. Gates open at 9 a.m.

Evansville-based Mead Johnson Nutrition Co. will receive $2.7 million in incentives from Illinois when it moves its headquarters to the Chicago suburbs later this month, the Chicago Tribune reported yesterday.The company, which has been based in Evansville since 1915, plans to move about 50 executives, including finance, legal and marketing managers, to Glenview, Ill., in […]

Crews are breaking ground today on Lawrence Village at the Fort. It’s part of a $9 million project that marks the final phase of the decade-long redevelopment of Fort Benjamin Harrison. Plans call for new streets, parks, bike paths and rain gardens on the 90-acre site. Village at the Fort will include shops, offices and […]

Indiana police have been investigating an increasing number of violent videos posted online by teenagers. In March, a 45-second video showing a brawl inside Danville Community High School appeared on YouTube. Scenes like it are becoming more common on the Internet as teenagers use cell-phone cameras to record fights. Fox 59 will have more at […]

ORDINANCE NO Susan Wampler 11.9999 Normal 0 false false false MicrosoftInternetExplorer4 Evansville-based Mead Johnson Nutrition Co. will receive $2.7 million in incentives from Illinois when it moves its headquarters to the Chicago suburbs later this month, the Chicago Tribune reported yesterday. The company, which has been based in Evansville since 1915, plans to move about […]

The Franklin City Council voted 6-1 last night to make the city’s smoking ban one of the most restrictive in Indiana. Franklin, located south of Indianapolis in Johnson County, previously passed a workplace smoking ban in 2006, but excluded some areas, including 21-and-over bars and private clubs. The new ordinance, set to take effect in […]

Hill-Rom Holdings Inc. topped analysts’ lowered profit expectations in its second quarter even as hospital-spending cuts shrank its revenue by 10 percent, the company announced late yesterday. The Batesville-based maker of hospital equipment reported profit of $16.6 million, or 27 cents per share, in the quarter ended March 31. Those numbers excluded a bevy of […]

More than 1,000 Indianapolis children have a week-long reprieve from school amid concerns of a potential flu outbreak. Spring Mill Elementary and IPS School 60 will remain closed for the next week. On Friday, health officials announced that one student at each school had tested positive for H1N1 Influenza A, better known as swine flu. […]

The Franklin City Council is set to vote on a proposal that would ban smoking in bars and private clubs. The council also will take public comments during a hearing at city hall at 6:30 p.m. Franklin is just one of the many Indiana communities that has discussed a potential ban or passed one. Fox […]

Police are looking for a suspect after a man was shot to death yesterday afternoon in his home in the 2300 block of North Parker Avenue on the near east side. James Felix died 20 minutes after paramedics arrived. Police have no suspect or motive.

Indianapolis-based medical device startup NICO Corp. announced it will introduce its first commercial product today at the American Association of Neurological Surgeons conference in San Diego. NICO, which stands for Neuro Interventional Co., was founded last year by a core group of entrepreneurs who had previously formed medical-device maker Suros Surgical Systems Inc., one of […]

Indianapolis-based medical device startup NICO Corp. announced it will introduce its first commercial product today at the American Association of Neurological Surgeons conference in San Diego. NICO, which stands for Neuro Interventional Co., was founded last year by a core group of entrepreneurs who had previously formed medical-device maker Suros Surgical Systems Inc., one of […]

A private ambulance service in Fort Wayne will close June 30, putting 116 people out of work.   Colorado-based American Medical Response Ambulance Service Inc. alerted the Indiana Department of Workforce Development of the closure Friday.   Employees affected include 69 paramedics, 23 emergency medical technicians and 11 dispatchers.   AMR operates in 250 communities […]