Biglari adjusts controversial pay proposal
The parent company of Steak n Shake restaurants has scaled back a controversial pay package for its CEO in hopes of securing shareholder approval of the plan at a rescheduled special meeting.
The parent company of Steak n Shake restaurants has scaled back a controversial pay package for its CEO in hopes of securing shareholder approval of the plan at a rescheduled special meeting.
In May, only one-quarter of 2010 college graduates who applied for a job actually received one, compared with more than half in 2007. About as many college graduates of all ages also are plagued by underemployment, working jobs below their skill level—including Butler grad Tom Otero.
A company that’s taking over library systems draws fire from patrons and employees, but claims to cut costs.
Under political pressure, Gov. Mitch Daniels’ administration has come late to the federal stimulus funds game. At best, the state will recover $24 million in reimbursements for money spent by not-for-profit agencies on services to the poor.
Plants atop the Birch Bayh Federal Building and U.S. Courthouse are expected to cut costs in long run.
CEO Allison Melangton deliberately hired only Indiana residents to tap a deep talent pool and play up Hoosier hospitality.
A city lobbyist who also is registered to lobby for Affiliated Computer Services Inc., which was chosen to receive a 50-year lease deal to manage meter operations, says he was not involved in the deal.
The deal includes management of NCAA.com, the primary web site for all 88 NCAA tournaments and other services.
Officials promoting a 50-year lease of Indianapolis’ parking meters have taken pains to point out the differences between their proposal and a controversial 75-year parking meter lease in Chicago. But a close look at both contracts shows Indianapolis’ pact largely uses the Chicago template.
Health clinics based in employers’ offices are showing signs of breaking out of their niche among blue collar and government employers—factories, warehouses and school corporations—and could pop up in Class A office buildings filled with white collar workers.
Compact downtown is big selling point for sustainable-minded planners.
The estate of a woman killed when pallets of bottled water fell on her at a Kroger store in Franklin is suing the bottler,
suggesting a new eco-friendly bottle design may have contributed to the accident.
Singed by the downturn, banks are winnowing real estate portfolios.
The health care industry is responding to reforms that will pay doctors bonuses if they provide high-quality care and save
Medicare money.
Leaders tackle issues ranging from research to cold storage to the future of Eli Lilly and Co.
The gains amid economic malaise are impressive, but also unsustainable. Companies can’t continue to grow earnings forever based on cost-cutting.
The Evansville-based bank reported a 9-percent increase in second-quarter profit, helped by a continued reduction in non-interest
expenses and growth in commercial loan and business checking account activity.
Military contracts have helped shore up sagging sales at University Loft Co., the furniture maker federal agents raided two
weeks ago. Still, University
Loft’s work force is almost 50 percent off its recent peak.
Virginia-based Gannett Co., the Star’s parent company, this month informed employees of a plan to move layout
and design work for its 83 dailies to five regional design hubs.