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Report find speed factor in bus crash

The final report on the July 27 church-bus crash on the north side of Indianapolis cites unsafe speed as the primary reason for the accident and says the bus had no mechanical defects. Three people were killed: youth pastor Chad Phelps, his pregnant wife, Courtney, and church member Tonya Weindorf. Dennis Maurer, the 68-year-old driver, told investigators the brakes on the bus failed as he exited Interstate 465 onto Keystone Avenue. A Marion County prosecutor's office spokeswoman said Friday that no decision has been made on whether the driver will face criminal charges.
 

Man jumps to escape fire

A 29-year-old Indianapolis man jumped from his second-floor balcony to escape a fire in his apartment early Friday morning. Fire crews found heavy smoke and flames when they arrived at Barrington Estates, near 86th Street and Ditch Road, shortly before 3:30 a.m. A 25-year-old woman was rescued from her balcony with a ladder. Two other tenants escaped without injury. A cause is being investigated.   
 

House GOP gets its say on insurance cancellations

Republicans renewed an assault on President Barack Obama’s health care overhaul and his credibility on Friday as they pushed toward House passage of a measure to let insurers keep selling health coverage that falls short of the law’s strict standards.

Developer wants Fishers to take over Saxony Beach

Foundation work is under way for the next phase of Republic Development Corp.’s Saxony Village project, which includes a lakefront community building that it wants to turn over to the town of Fishers along with Saxony Beach.

Study: Downtown can sustain huge apartment boom

About 3,500 rental units are expected to be built downtown by 2017, adding to 4,700 already on the market. But the analysis says there’s no need to worry about overbuilding.

Obama’s telling the same kind of fib he did before

The Affordable Care Act was designed to restructure the individual insurance market into a true insurance risk pool. President Obama should stop pretending those changes won’t affect everyone in the individual market, whether they want it to or not.

Review: ‘Wicked’ returns to the Murat

The not-so-wicked witch is back in a production that hasn’t given in to road fatigue. Flaws and pleasures remain on my fourth trip down this particular yellow brick road.

First Internet up-shifts in commercial lending

First Internet Bank raised eyebrows this month when it filed a $25 million secondary stock offering said to be for organic growth and “other general corporate purposes.”

Indiana-born coat-checking firm gains steam after ‘Shark Tank’ appearance

Derek Pacqu&eacute, who started CoatChex in 2010, appeared a year ago on the ABC show in which entrepreneurs pitch their ideas to prominent investors. Billionaire Mark Cuban offered to invest but wanted a large ownership stake. Pacqu&eacute said no, and has since grown his company.

But really, he said, the company is doing just fine without the billionaire.

City designs new strategy to combat panhandling

A bipartisan group of city-county councilors is considering an ordinance that would increase panhandling restrictions, including barring panhandling and street performances within 50 feet of any area where any financial transaction is made.

Study: IU, Purdue rank best in return on investment

Big budgets used to rule in college rankings. But that could be changing. A new report from the Indiana Commission for Higher Education is the latest effort among several nationally to score universities on their bang for the buck.

Growing central Indiana suburbs mull class status

When Fishers becomes Hamilton County’s newest city in 2015, it also will be the first of Indianapolis’ northern suburbs to achieve “second-class” status. Others—including suburban standouts Carmel and Noblesville—qualify for an upgrade because of their growth but have not made the leap. Yet.