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DJIA 11384.4 -1.6 / S&P 500 1269.2 +2.3 / NASDAQ 2366 +0.4 | | Tonight: A few clouds, cool. Low 62. Tomorrow: Partly sunny, slight chance of shower. High 83. | |
| Tuesday, August 26, 2008 |
| Bright House close to deal with Big Ten Network Officials for local cable television provider Bright House Networks said they expect to finalize a deal later this week to carry Big Ten Network programming. A deal would make Big Ten sports programs available to 120,000 households in central Indiana that don't have access to the network. Comcast, the other major cable provider in the Indianapolis area, reached a deal earlier this summer to carry the Big Ten Network, which launched last year.
Sonic making renewed push into Indy area A Sonic Corp. franchisee plans to plunk five to seven of the drive-in restaurants in the Indianapolis area in the next five years. Todd Fugate, who lives in Overland Park, Kan., and owns Evansville-based Drive-In of Evansville Inc., has started construction on the first restaurant, in Avon at Rockville and Raceway roads. This isn't Sonic's first stab at the Indianapolis market. Several drive-ins operating under the Sonic name closed here a few years ago.
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| | Indy Star guild claims layoffs violated contract Layoffs announced last week by The Indianapolis Star violated a contract with the Indianapolis Newspaper Guild, the guild alleged in a grievance filed yesterday. Guild officials believe Editor Dennis Ryerson moved to protect reporters and photographers, none of which lost their jobs. "On one hand I respect what Dennis did, but the contract doesn't say he can do that," said guild President Abe Aamidor, a Star reporter.
Bankrupt firm might close Elkhart operations Atlantis Plastics Inc., an Atlanta-based plastics manufacturer that filed for Chapter 11 bankruptcy protection on Aug. 10, has notified the Indiana Department of Workforce Development that it might close three plants in the Elkhart area. The plants have been put up for sale as part of Atlantis' attempt to solve its financial problems. Atlantis shares are trading at 10 cents.
RV maker changes closing decision on plant Recreational vehicle maker Monaco Coach Corp. has decided to keep its chassis-building operation open in Elkhart. The company announced last month it was closing three factories in northern Indiana's Elkhart County, eliminating 1,400 jobs, or about a third of its work force. But Monaco announced yesterday that its joint venture with Navistar International Corp. will continue production at the Elkhart plant.
MasterBrand closes 275-worker Richmond plant MasterBrand Cabinets Inc. is cutting about 275 jobs as it stops manufacturing at its Richmond plant, effective immediately. The Jasper-based cabinet maker said that it tried to adjust production schedules, but could not keep the plant in operation because of "marketplace conditions."
Panel to study contentious immigration issue State lawmakers charged with studying illegal immigration this summer are hoping to collect facts - not political grandstanding or heated rhetoric - during meetings next month. The summer study committee on immigration issues has scheduled Statehouse meetings Sept. 9 and Sept. 16. "We want to find out how many illegal aliens are in our state right now, where they live and what they are doing to earn a living," said Rep. Scott Pelath, a Democrat from Michigan City who is co-chairing the committee.
International theater launching here A new theater company is starting in Indianapolis. Lou Harry's A&E | | | |
| SAT scores stuck below average We've heard the explanations, or excuses, before. NewsTalk Colts QB cuts will not be emotional Team President Bill Polian will take a hard look at salaries. The Score Paramount Tower plan shrinks The canal project will have a few stories instead of 16. Property Lines
From IBJ staff - Compiled by Norm Heikens
Colts ready to let Peyton practice Peyton Manning could be back on the practice field as early as today. The Colts are ready to take #18 off the "physically unable to perform" list. But Coach Tony Dungy says Manning probably won't play in the team's final pre-season game Thursday against the Cincinnati Bengals. Dungy says the team plans to ease the all-star quarterback into his workout schedule. Fox 59 will have more at 10 p.m.
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| Police call deadly hit-and-run a homicide Indianapolis police say a deadly hit-and-run on the near north side last night might have been intentional. Officers were called to 40th Street near Graceland Avenue north of Crown Hill Cemetery after witnesses saw a man hanging onto the hood of a speeding car and hitting the windshield with a hammer. They say the driver threw him off by coming to a sudden stop. The victim, Robert McClurg, 49, suffered severe head trauma and later was pronounced dead at Methodist Hospital.
Former school treasurer charged with theft A former Clinton Central school district treasurer has been accused of taking more than $13,000 from the district located between Indianapolis and Lafayette. Mary Clark, 41, of Michigantown, was arraigned yesterday on charges of forgery and fraud. Investigators believe Clark wrote payroll checks in the name of her son, who is a substitute teacher, and wrote overtime checks for herself. Superintendent Phil Boley says Clark was fired in December following an investigation by the State Board of Accounts.
Deputy Constable held at gunpoint A teen-ager tried to rob Perry Township Deputy Constable Kenneth Evans early this morning, Indianapolis police say. The incident happened at 3450 N. Meridian St. near the Indiana Blood Center. Evans told police the teen tried to rob him at gun point, then looked startled and took off. The suspect was last seen running south on Illinois Street.
Trouble finding the green Wet weather and the weak economy have drained dollars from Indianapolis-area golf courses.
Developers fear stricter IDEM rules New rules to remediate land contamination could be counter-productive, developers say.
Firm helps schools sell themselves An Indianapolis company is helping schools raise cash by setting up licensing deals for their logos, names and mascots.
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