IBJ Staff

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. […]

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 […]

Heavy snow is being blamed for a west-side roof collapse. The roof caved in at the Knights of Columbus hall at 5350 Allied Blvd. About 150 people were supposed to be there at the time, but the organization canceled its scheduled bingo event due to the bad weather. Leaders of the Knights of Columbus say […]

Indianapolis’ 2012 Super Bowl host committee is getting a firsthand look at what it takes to put on the big game. The group is leaving for Tampa today as official observers of this weekend’s Super Bowl festivities. Members will have in-depth access to parties, functions and planning. They will also work with Tampa police to […]

So many people in Evansville are dealing with power outages that the Indiana National Guard has been called in. Vectren Energy reports about 65,000 southern Indiana customers are without power. Hoosier National Guard soldiers are helping first responders take people to warming centers. Fox 59 will have more at 10 p.m.

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 […]

Two more Indiana employers filed closing notices with the state Department of Workforce Development last week, disclosing plans to eliminate another 167 jobs. International Paper Co. said it will close its industrial packaging plant in Hartford City, north of Muncie, laying off 99 workers beginning March 26. The Memphis, Tenn.-based company also has operations in […]

The winter storm that walloped central Indiana this week isn’t just causing problems here. It also is dropping snow and freezing rain from Texas to New England. State road crews are fighting to keep up with slippery roads, while emergency workers clear up accidents. The storm is being blamed for at least 19 deaths across […]

A Philadelphia man shot with a gun owned by Colts wide receiver Marvin Harrison is headed to trial. Dwight Dixon is accused of lying to police. Dixon initially told police he was shot during a robbery, but later accused Harrison of shooting him on April 28. Three weeks ago, Philadelphia’s district attorney announced it was […]

Two more Indiana employers filed closing notices with the state Department of Workforce Development last week, disclosing plans to eliminate another 167 jobs. International Paper Co. said it will close its industrial packaging plant in Hartford City north of Muncie, laying off 99 workers beginning March 26. The Memphis, Tenn.-based company also has operations in […]

Employees at Rolls-Royce Group Plc’s Tibbs Avenue manufacturing plant started 2008 not knowing whether they’d keep their jobs. They’re starting 2009 with plenty of work ahead of them. Rolls-Royce said yesterday it won a multiyear contract to develop fuel-efficient turbine engines for the U.S. Air Force – a deal that could be worth as much […]

A nationwide salmonella outbreak has hit Indiana. The State Department of Health now reports six confirmed cases of salmonella in the Hoosier state. The cases are believed to be related to the same salmonella strain that prompted a nationwide recall of peanut butter products. About 500 people in the United States have been affected, and […]

Hoosiers can expect a slippery commute tomorrow morning as Indiana weathers its most significant snowfall of the season. A winter storm warning is in effect for southern Indiana tonight, while other portions of the state are under advisories and watches. The storm front should move in to the Indianapolis area during the evening rush hour, […]

This afternoon, Indianapolis Mayor Greg Ballard is detailing his strategy to reform four major areas of local government: fire services, emergency communications, property tax administration and poor relief. Mayor Ballard is delivering the policy speech in front of the Rotary Club at the Scottish Rite Cathedral Ballroom.

Steak n Shake Co. extended its bad run into the new year, reporting a $3.4 million loss for its first fiscal quarter yesterday, up from a $1.2 million loss in the prior-year period. It was the Indianapolis-based restaurant chain’s fifth consecutive quarterly loss. Total revenue for the quarter ended Dec. 17 was $131.7 million, off […]

The Carmel Clay School District is looking for ways to trim millions of dollars from next year’s budget. Administrators revealed a plan for across-the-board cuts totaling $1.85 million. The plan would mean layoffs for a number of teachers, including several in the foreign languages. Other instructors would be paid more to teach an extra class […]

Employees at Rolls-Royce Group Plc’s Tibbs Avenue manufacturing plant started 2008 not knowing whether they’d keep their jobs. They’re starting 2009 with plenty of work ahead of them. Rolls-Royce said yesterday it won a multiyear contract to develop fuel-efficient turbine engines for the U.S. Air Force – a deal that could be worth as much […]

Navistar International Corp. said this morning it will close its Indianapolis engine plant and adjacent Indianapolis Casting Corp. foundry effective July 31. The closing was largely expected after Navistar agreed earlier this month to stop producing diesel engines for Ford Motor Co. Navistar’s Brookville Road plant produces engines used in Ford’s F-Series pickup. The two […]