Articles

Cummins looking to cut another 350 jobs-WEB ONLY

Columbus engine maker Cummins Inc. said today that it has offered voluntary retirement packages to about 700 hourly employees in southern Indiana. The company will accept as many as 350 voluntary retirement applications, and most of the affected employees are expected to leave their jobs by March 1. “The demand for our engines and related […]

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U. of Southern Indiana names new president-WEB ONLY

A top administrator at the University of Southern Indiana has been picked as the school’s new president. The university Board of Trustees on Saturday appointed Linda L.M. Bennett to replace school President H. Ray Hoops on July 1. Hoops is retiring after 15 years as president of the nearly 10,000-student school in Evansville. Bennett has […]

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Indians stock price takes hit

Despite year-over-year revenue gains and robust earnings, the economic downturn has finally caught up with the Indianapolis Indians.

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Police museum planned

The not-for-profit Indianapolis Historical and Educational Foundation is planning a police museum in the first floor of an old warehouse along Pennsylvania Street across from Conseco Fieldhouse.

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Stimulus could help medical exchange

 President Barack Obama’s economic stimulus bill provides a big opportunity for the Indianapolis-based Indiana Health Information Exchange to spread its expertise around the country.

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EDITORIAL: Reform has many benefits-WEB ONLY

Saving money may be the bottom-line reason for reforming local government, but that’s only one of the benefits. Indianapolis Mayor Greg Ballard made that point clear Jan. 27 in a speech to the Rotary Club of Indianapolis, outlining a reform plan called Unigov 2.0 that emphasized efficiency, transparency and accountability. Ballard, the latest mayor to […]

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GE reverses decision to close Bloomington plant-WEB ONLY

More than 750 workers at the General Electric refrigeration plant in Bloomington will keep their jobs after all now that GE has decided to keep the facility open beyond 2010. GE said in March it would close the plant next year because high labor and material costs have made the side-by-side refrigerators produced there uncompetitive. […]

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Duke profit beats estimates; shares drop-WEB ONLY

Indianapolis-based Duke Realty Corp. exceeded analysts’ expectations in the fourth quarter, generating funds from operations of 69 cents per share – more than a nickel better than the consensus estimate. Funds from operations is a common measure of financial performance for real estate investment trusts like Duke. Excluding one-time items, funds from operations were 71 […]

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