Lilly Endowment’s two-fer
Its education focus just might make the endowment more of a jobs engine than the Indiana Economic Development Corp.
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Its education focus just might make the endowment more of a jobs engine than the Indiana Economic Development Corp.
Police are still on the lookout for two gunmen who tried to rob an Indianapolis jewelry store Monday and threatened to kill
those inside. Employees at the Jewelry Doctor in the 8500 block of East Washington Street say the men forced them and a customer
to the floor, grabbed jewelry and about $2,500. That’s when another employee started firing from the back of the store with
a shotgun. The shots caused the gunmen to flee the scene. No one was hurt.
Arson investigators are trying to figure out what started a fire at the abandoned Indy East Motel in the 5800 block of East
Washington Street early Tuesday morning. When they arrived on the scene, crews found a burning mattress in one of the hallways
and fast-spreading flames. The fire was contained in just a short time. There were no reports of injuries.
Executives from BC Forward, Indianapolis’ largest computer consulting firm, said Tuesday the company will get even bigger,
with the addition of 200 jobs by 2012.
The Anderson School Board will make a major decision Tuesday night. Board members hope to address the district’s deficit by
either consolidating high schools and creating a separate middle school, or establishing two schools housing Grades 7-12.
Debate over the two options has divided the community, and four of seven board members said they aren’t sure how they will
vote. Fox59 will have more at 10 p.m.
The commercial area at 71st Street and Binford Boulevard is recovering from its funk, but a true transformation hinges on
implementing a master plan.
The company attributed its losses to the ongoing global recession and the credit crunch that has made it difficult for businesses
to obtain financing to purchase Hurco’s products.
Cummins Engine Co. will idle 195 workers at its fuel systems plant in Columbus; another 22 workers will take voluntary leave.
Under the law passed by the Indiana General Assembly last April, commercial brokers must register with the State Board of
Animal Health if they sell at least 500 dogs or puppies per year.
Carmel City Court has joined more than 40 other Indiana courts in using the state Supreme Court’s electronic case management
system.
The Steak n Shake Co., in an unusual gambit, plans to initiate a reverse stock split that would reduce its number of shares
outstanding from almost 29 million to just 1.4 million and boost its per-share price from roughly $12 to $240.
Indiana University, which has received nearly $600 million from the endowment over the last three decades, will leverage the
new gift to increase its
scientific discoveries and commercialize life science innovations.
IUPUI says it needs about $15 million to renovate the aging Natatorium swimming complex and wants the city’s Capital Improvement Board to fund part of the expense.
Carmel-based insurer hopes to raise $234 million through public offering.
Bills aimed at placing caps on property tax bills to the state constitution are now before both chambers of the Indiana General
Assembly.
The House Ways and Means Committee voted 14-10 Monday in favor of the bill, which now heads to the full House for consideration.
Indianapolis police are investigating a homicide in the Fountain Square area. A neighbor found 21-year-old Adam Crouchâ??s
body in an alley in the 1800 block of Prospect Street at about 11 a.m. Sunday and called police. Police aren’t saying how
Crouch was killed, but they say it looks like someone moved his body to the location where he was found. Those who knew Crouch
say he had been out drinking on Saturday night at a nearby club and suspect he was killed during a robbery.
Two area school boards will vote on or discuss proposals Monday night for big budget cuts. The Lawrence Township school board
is expected to vote on the future of Craig Middle School. The board is considering a proposal that would close the school,
send its sixth-graders back to elementary schools and the remaining seventh- and eighth-graders to the two remaining middle
schools. The Franklin Township school board will learn about options for major cuts, including a 30-percent cut in bus routes
and drivers, closing schools or eliminating teaching positions.
Eighteen suspects wanted for possible violent or sex crimes were taken into custody late last week in Indianapolis during
an undercover sting operation conducted the Marion County Sheriff’s Department and U.S. Marshals Service. “Operation Consumer
Talk” took place from Dec. 9-11 at a near-south-side storefront. The offenders received mailers inviting them to complete
a survey and receive a cash prize of $250 in return for their assistance. When the suspects arrived at the store, deputies
apprehended them. Fox59 will have more at 4 p.m.