Weird yields for Treasuries evidence of investor angst
A large number of investors are so fearful these days that they have flocked to the safest securities, pushing down interest
rates to virtually nothing.
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Symphony’s Yule: Great music, poor staging
The Indianapolis Symphony Orchestra’s Yuletide Celebration features jazz/cabaret great Ann Hampton Callaway, but the show
doesn’t seem to have been adjusted to fit her talents.
Dallara comes to aid of IRL
In an effort to reduce costs for Indy Racing League teams during the 2009 season, Dallara will lower the price of parts for its IRL chassis.
The manufacturer plans to reduce the cost of general…
Quick-notes Friday
–Consider a stop at the Indiana Historical Society some time in the next few weeks. Most of it–including the gift shop, “You are There: 1945 Hoosier Home Front” and the History Lab will be closing to the public beginning Jan….
Local car dealers cringe, hope for better news
Indianapolis-area auto dealers kept their ears open this morning for news of how the Bush administration would react to Congress’ failure to reach a rescue package for Detroit automakers. Shadeland Dodge owner Kevin Beltz, despite darting through the service department on his way to a manager’s meeting, managed to catch a few details from TV […]
Baker & Daniels slashes 22 staff positions
Indianapolis-based law firm Baker & Daniels LLP has eliminated 22 positions – 12 in Indianapolis and 10 in Fort Wayne. The firm made the cuts to its operational staff on Wednesday, according to managing partner Tom Froehle. The terminations involved no lawyers or legal support. A recent review of internal operations uncovered technological improvements, allowing […]
UPDATE: Hotel deal helped land FFA conventions
A central Indiana consortium of 128 hotels offering 14,000 rooms at prices below market rates was key in securing a deal to bring the FFA National Convention to Indianapolis in six of 12 years from 2016 to 2024. FFA officials announced at Conseco Fieldhouse this morning that Indianapolis and Louisville will hold the convention in […]
UPDATE: State Museum lands huge Lincoln collection
The world’s largest private collection of Lincoln memorabilia – including signed copies of the Emancipation Proclamation and Thirteenth Amendment – will be housed at the Indiana State Museum. The collection, valued at $20 million, has been housed in Fort Wayne by Lincoln Financial Foundation, and is being donated to a consortium of Indiana groups led […]
IU chief plans salary freeze for administrators
Indiana University President Michael A. McRobbie this morning announced that he plans to freeze salaries for senior administrators in the 2009-10 fiscal year, a move that would save more than $2 million. The freeze would apply to as many as 400 employees. The move is McRobbie’s latest effort to respond to the recession and slumping […]
O’Reilly Raceway Park upgrading
O’Reilly Raceway Park at Indianapolis officials recently announced a plan for the next phase of the ongoing facility improvement project that has been underway for much of the last decade at the historic…
Ball State names entrepreneurship chief…again
Ball State University’s nationally recognized Entrepreneurship Center has its third director in four years. The Entrepreneurship Center yesterday named Michael Goldsby the Stoops distinguished professor of entrepreneurship. Goldsby, who had been interim director since Larry Cox left this summer for a faculty position at Pepperdine University, will be the center’s permanent director. The center was […]
UPDATE: Indy ices six FFA conventions
Indianapolis has been given the right to host six lucrative national conventions for the National FFA Organization between 2013 and 2024, according to a source familiar with an announcement scheduled to be made later this morning. After finishing its current seven-year run in Indianapolis in 2012, Louisville will host the convention in 2013, 2014 and 2015. […]
Report: Indy, Louisville to share FFA convention
The lucrative National FFA convention will be split between Indianapolis and Louisville from 2013 to 2019, the Louisville television station WHAS-TV Channel 11 reported last night, citing unnamed sources familiar with an announcement planned this morning. Indianapolis snatched rights from Louisville to host the convention from 2006 to 2012 after Louisville had seen the blue-jacketed […]
Parts maker closing in Crawfordsville, idling 461
Crawfordsville-based auto parts maker Friction Holdings LLC announced today that it will stop operating in February, throwing 461 employees out of jobs in the city northwest of Indianapolis and another 171 at a plant it operates in Mississippi. The company said it lost a large chunk of business, and couldn’t cut costs enough to compensate. […]
Utility of WARN notices
In times like these, what do you think of the Worker Adjustment and Retraining Notification Act, commonly
called the WARN Act or WARN notices?
The federal law was passed in 1988 to give employees 60 daysâ?? notice of an impending layoff,…
Construction equipment service acquired
Newman Equipment Inc., a southwest-side company that sells parts and services for excavators and material handlers, has been acquired by Reco Equipment Inc. of Morristown, Ohio, for an undisclosed price. The name of the Indianapolis company, which has five mechanics and trucks, has been changed to Reco. The deal adds central Indiana to Reco’s footprint, […]
OrthoIndy planning Greenwood center
OrthoIndy and its Indiana Orthopaedic Hospital will open an outpatient center on the south side in the fall of 2010, they announced today. The 75,000-square-foot building will be similar to a center they opened in Brownsburg in September. It will be east of I-65 and south of County Line Road in Greenwood. The location is […]
Outreach pays off for Sarah Fisher
Indy Racing League team owner and driver Sarah Fisher will step away from her office at her race shop to guest co-host the Smiley Morning Radio Show on WZPL-FM 99.5 along with Dave…
Golden Globes/critic’s ignorance
I’m not one of those “TV is beneath me” snobs, but the reality is that, as your friendly neighborhood arts guy, I don’t have much time to watch the tube.
Still, when I saw the Golden Globe nominations this morning, I had to…