Stories tagged with "1 billion"

Gary riverboat casino operator files for bankruptcy by indystar

Majestic Star Casino, owner of four U.S. casinos including two riverboats in Gary, filed for Chapter 11 bankruptcy today. In a filing with the U.S. Bankruptcy Court for the... – Nov 23, 2009 at 9:22 AM in Business

Institute: Indiana may need to face tax hike by Marybeth Schneider

Legislators need to hold the line on spending and even potentially consider ways to increase state revenues, perhaps through a tax increase, the leader of the Indiana Fiscal Policy... – Nov 17, 2009 at 11:37 AM in Politics & Government

GM reports $1.2B loss but says financial picture is better by indystar

Automaker is set to start paying off $6.7B U.S. debt with $1B quarterly payments General Motors lost $1.2 billion in the first 83 days after it emerged from bankruptcy protection... – Nov 17, 2009 at 12:00 AM in Business

Transparency changes behavior by indystar

The fact that there are more than 750 lobbyists in Indianapolis and many thousands more in Washington is hardly a secret. Sure, lobbying is an integral part of our democratic... – Nov 13, 2009 at 6:13 PM in Opinion

Travelers spending more at the airport by Tom Spalding

Average of $11 per passenger is up from last year, but number of people flying has fallen At a time when passenger traffic is down at airports across the country, individual... – Nov 10, 2009 at 12:02 AM in Business

Tourism bureau seeks partner for hotel, convention center by Bruce Smith

The Hendricks County Convention and Visitors Bureau has new hope for a convention center and hotel in Plainfield. Executive Director Emory Lencke said in a statement last week that... – Nov 05, 2009 at 12:00 AM in Plainfield

CIT Group gets $1B credit line from Icahn by indystar

NEW YORK — Commercial lender CIT Group said Friday that billionaire investor and bondholder Carl Icahn agreed to support the company’s restructuring plan amid reports... – Oct 31, 2009 at 12:00 AM in Business

Old GM hearing set on retirees benefits by indystar

Old General Motors Corp., now formally named Motors Liquidation Co., has a Nov. 12 hearing in New York for approval of a settlement which will terminate its liability for ongoing... – Oct 30, 2009 at 10:19 AM in Business

Tourism bureau seeks partner for hotel, convention center by Bruce Smith

The Hendricks County Convention and Visitors Bureau has new hope for a convention center and hotel in Plainfield. Executive Director Emory Lencke said in a statement this week that... – Oct 29, 2009 at 12:00 AM in Plainfield

Daimler 3Q net falls 74% by indystar

FRANKFURT — German carmaker Daimler AG said today its net income fell 74 percent in the third quarter as the global downturn led to steep declines in revenue from its truck... – Oct 27, 2009 at 9:03 AM in Business

Trade-ins from Cash for Clunkers program piling up by indystar

Recyclers seek more time to work through the glut of cars from trade-in program WASHINGTON — Trade-ins from the Cash for Clunkers program are piling up, and auto recyclers... – Oct 25, 2009 at 12:46 AM in Business

Daniels: I-69 stretch to be done 3 years early by indystar

BOONVILLE Indiana Gov. Mitch Daniels says the state plans to complete construction of the I-69 extension between Evansville and Crane Division, Naval Surface Warfare Center, by... – Oct 22, 2009 at 12:00 AM in Communities

Daniels: I-69 will be half done by 2012 by indystar

BOONVILLE, Ind. — Indiana Gov. Mitch Daniels says the state plans to complete construction of the Interstate 69 extension between Evansville and the Crane Naval Surface Warfare... – Oct 21, 2009 at 2:42 PM in Communities

Eli Lilly 3Q profits up, boosts forecast by Tom Spalding

Indianapolis drugmaker Eli Lilly and Co. said today that third-quarter net income and earnings per share increased to $941.8 million and 86 cents, respectively, compared with... – Oct 21, 2009 at 1:49 PM in Business

Resist calls to spend and tax by indystar

The news that state government’s revenues fell a staggering $254 million below expectations in the first quarter of the fiscal year demands a tough-minded reassessment of... – Oct 12, 2009 at 12:00 AM in Editorial

Parking meters may help plug Indy's money gap by Francesca Jarosz

City looks at leasing parking meters, selling real estate to help pay for $5B in infrastructure Merging its water and sewer operations is the city’s most drastic proposal for... – Oct 11, 2009 at 12:00 AM in Marion County

Daniels: Revenue $254M below estimate by Bill Ruthhart

Indiana’s revenue continues to sag far below projections, Gov. Mitch Daniels announced this morning. In a review of the state’s tax collections for the first quarter of... – Oct 08, 2009 at 12:52 PM in Politics & Government

With $1.1B fortune, Irsay lands on list of richest Americans most recent comment by Marites

Informative post. You have mentioned abut NFL, did... – Oct 01, 2009 at 6:16 AM

In Lilly's pipeline: Profit or Peril? by John Russell

As Lilly rolls out its restructuring, some analysts wonder whether it’s too late Mike Heathman looked closely at a computer screen filled with graphs and charts, trying to... – Sep 20, 2009 at 1:00 AM in Business

Panel recommends Ind., Ky. share bridges oversight by indystar

A group of Kentucky and Indiana negotiators on Tuesday unanimously recommended the creation of an interstate authority to oversee financing, construction and operations of the $4.1... – Sep 16, 2009 at 9:00 AM in Politics & Government