Stories tagged with "bankruptcy"
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Think of single-payer plan as big discount for Americans
We hear that the nation cannot afford the cost of health-care reform, but that argument ignores a comparison of the total cost of universal coverage under competing private and...
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Emmis Communications posts a loss in second quarter
Indianapolis Plunging revenues and a major one-time impairment charge related to a decline in the value of the company led Indianapolis-based Emmis Communications to a $135.56...
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GM sells Hummer to Chinese company
DETROIT — Hummer, the off-road vehicle that once was a symbol of America’s love for hulking trucks, is now in the hands of a Chinese heavy equipment maker. The company says that...
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Chrysler CEO shuffles execs and splits up Dodge brand
DETROIT — With sales down sharply and pressure to start generating cash before $8 billion in federal loans runs out, Chrysler’s CEO shook up his executive team Monday,...
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Frontier to close New Mexico reservation center
Frontier Airlines Holdings, which is to emerge from bankruptcy on Thursday as a wholly owned subsidiary of Indianapolis-based Republic Airways Holdings, will close its reservation...
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Consumer will share fallout when co-signing loan on another's debt
Financial issues can negatively affect even the best of relationships. Toss in a recession, high unemployment rates and high levels of debt, and the merging of family and finances...
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Charges filed in Penrod Society theft
The Marion County prosecutor today filed felony theft and forgery charges against a former Penrod Society official accused of stealing nearly $382,000 from the arts group last...
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Reform backers must think Americans are really gullible
Apparently President Barack Obama and the congressional supporters of health-care “reform” believe the American people are stupid. They expect you to believe the...
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Bill Cosby lends support to Detroit schools
To view this presentation, you need to install the Flash plug-in GET IT NOW DETROIT (AP) Bill Cosby had heard about the tough-as-nails and uncompromising man...
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Cummins plans shorter shutdown of C. Ind. plant
Cummins Inc. says its shutdown of a central Indiana plant where it builds Dodge Ram engines will be shorter than planned. The company had anticipated a two-month shutdown of its...
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Developer faces up to 8 years in check fraud
A jury Tuesday convicted the owner of a now-defunct Indianapolis real estate development company of kiting a $500,000 check to meet payroll. Christopher P. White, 52, the founder...
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Divorces decline during recession
As the old blues song puts it, “It’s Cheaper to Keep Her.” That may sum up a divorce rate that’s been declining as the economy founders. Marion County...
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Money woes discouraging divorces
INDIANAPOLIS — As the old blues song puts it, “It’s Cheaper to Keep Her.” That may sum up a divorce rate that’s been declining as the economy...
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Flying J, Pilot pursue merger deal
Ogden, Utah — Oil refiner and travel-center owner Flying J has reached a tentative deal to merge with Knoxville, Tenn.-based Pilot Travel Centers. Ogden-based Flying J, in...
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Car dealership that survived Great Depression calls it quits
A Brownsburg car dealership launched 81 years ago — a year before the stock market crash that signaled the Great Depression — has closed, a victim of the latest...
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Gambling supporters ignore news of casinos' struggles
Hans Kraabel and others like him who write letters to The Star pushing for a Downtown casino in Union Station are out of touch with reality. Have they not read the well-researched...
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Daniels took pitch to Dems' turf
Many of the areas Gov.Mitch Danielsvisited last week to pitch the GOP version of the state budget are represented by House Democrats who narrowly won during their last election in...
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Republic to buy Midwest Airlines
Two years after hometown carrier ATA Airlines faded away, Indianapolis-based Republic Airways Holdings is moving into the tumultuous ranks of big-league aviation with separate...
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Airline expands deal with Republic
MILWAUKEE Midwest Airlines will pay SkyWest $4 million to cancel a contract for regional flights. Midwest said it is getting additional service from Indianapolis-based Republic...
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GM founder had the right idea a hundred years ago
William Durant owned a wagon and buggy factory in the early 1900s. Durant enjoyed great success until the Model T Ford began to take America by storm. Did he declare bankruptcy?...
