Articles

Chrysler challenge was right call for Mourdock

State Treasurer Richard Mourdock’s attempt to stand up for the rule of law in the Chrysler bankruptcy appears to have been
futile, but we applaud the treasurer for trying. Mourdock went all the way to the U.S. Supreme Court to preserve the rights
of secured creditors in bankruptcy cases.

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Prosecutors see seedy side to seemingly tame industry

Current and former employees of Bloomington-based International Outsourcing Services LLC are under assault by federal prosecutors
who charged they participated in a scheme to bilk some of the nation’s largest issuers of coupons out of more than $250 million.

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GM’s looming bankruptcy

So, three decades of decline has come to this for General Motors: a Chapter 11 bankruptcy petition expected
to be filed Monday.

Lots of problems contributed to its downfall, but now the carmaker faces an extremely steep climb.

The bankruptcy…

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Are new, low-cost laptops good for business?

Today, there are some small “notebook” machines on the market that mock the high prices of their bigger siblings. These can be had for $200 to $400, and have enough features to make them real business tools if you’re not too demanding.

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Let there be LED light

Westfield-based Green Illuminating Systems sees a bright future in LED lighting as a way to reduce electricity consumption.

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Manufacturers to help pay for TV, computer recycling

The Indiana Recycling Coalition scored big in the just-concluded session of the Indiana General Assembly with the passage
of House Bill 1589, which requires that electronics manufacturers help pay for recycling of their old televisions and computer
monitors.

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Powerway finds its Waypoint

Back when the automakers were on a roll, Powerway Inc. looked so promising that a public offering seemed around the bend.
Now Powerway itself is gone—at least in name.

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Critics: Tax hike ‘defies logic’

Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.

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ChaCha co-founder dancing to different drum

ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.

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