Articles

REWIND: IBJ’s top 10 business stories of 2012

Top 10 business stories of 2012 Watch VideoThe state's labor landscape changed, and the housing market improved. Indianapolis basked in the glow of a flawless Super Bowl, and big-name CEOs were shown the door. IBJ's reporters and editors recall the year's biggest stories.

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Michigan becomes latest right-to-work state

Michigan lawmakers gave final approval Tuesday to right-to-work legislation, dealing a devastating and once-unthinkable defeat to organized labor in a state that has been a cradle of the movement for generations.

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Hostess, union unsuccessful in court-ordered mediation

The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can close its operations.

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Hostess says liquidation decision expected Friday

Hostess Brands said it likely won't make an announcement until Friday morning on whether it will move to liquidate its business, after the company had set a Thursday deadline for striking employees to return to work.

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Hostess plant closings so far spare Indy, Columbus

The maker of Wonder bread and Twinkies said it is permanently closing plants in Cincinnati, Seattle and St. Louis. The company has about 875 workers in Indiana, about half of them members of the striking bakers' union.

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Unions shift political might to state, local races

Unions are shifting more of their political resources to state and local races this year as they try to head off passage of laws that could undermine bargaining rights, make it harder to organize or reduce their political muscle.

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Symphony standoff might fray local support

The Indianapolis Symphony Orchestra’s decision to cancel the first two weeks of its season and lock out musicians could carry long-term risks in alienating subscribers and donors, observers say.

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