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South split reopens early
The stretch of Interstates 65 and 70 through downtown Indianapolis known as the south split reopened Thursday after closing in early September so the roadway could be lowered under seven bridges. The opening beat the completion deadline by 15 days. The contractor on the $12 million project is eligible for a $60,000-a-day bonus for each day it beat the deadline.
Man fatally shot in drug raid
A Carmel police officer assigned to the Metro Drug Task Force fatally shot a suspect during a raid on the west side of Indianapolis early Thursday. The shooting took place at 6:05 a.m. at Westlake Apartments, south of 10th Street and west of Lynhurst Drive. The names of the suspect and the officer were not released. Investigators say the suspect pointed his gun at officers before being shot. The raid was part of a long-term investigation into marijuana, cocaine and methamphetamine dealing.
Explosion suspects get separate trials
The suspects in last year’s deadly explosion on the southeast side of Indianapolis can have separate trials, a judge ruled Thursday. The lawyers for defendants Monserrate Shirley and Mark Leonard requested separate trials because they are expected to mount different defense strategies. A third suspect—Leonard’s half-brother Bob Leonard—did not request a separate trial. Prosecutors wanted the three to be tried together, claiming they worked as a team to blow up Shirley’s house and collect insurance money. The explosion killed two people and damaged 86 houses in the Richmond Hill neighborhood.
State will lose $63M in tobacco payments in 2014
An arbitration panel found that the state hadn’t worked hard enough to collect funds from cigarette companies. The money is used to fund health programs in Indiana.
Soards returns to Indiana to take AT&T’s top post
A Butler University graduate, Bill Soards served on the Indianapolis City-County Council from 1999 to 2003, starting at age 25, and was a member of the Boone County Council from 2004 to 2009.
Colts Irsay’s comments as much about Luck as Manning
Almost everyone thinks Indianapolis Colts owner Jim Irsay's comments this week were a barb at Peyton Manning. But is it possible they were actually directed more at Andrew Luck?
Manning brings his own economy when Broncos play
When Peyton Manning plays, ticket prices double on the secondary market and more people watch the game on television. He has as much influence with consumers as Bill Gates and actor Tom Hanks, a celebrity marketing expert says.
Gary contract ends for ex-Indianapolis airport CEO
The contract John Clark had for business development work and to oversee the Gary airport’s $166 million expansion project expired last week.
Transportation planning agency set to vote on Illiana tollway
The fate of a proposed $1.3 billion expressway being pushed by the governors of Illinois and Indiana could be determined Thursday.
Up-and-coming local tech firm Compendium sold to Oracle
Indianapolis-based technology firm Compendium, which was started by ExactTarget Inc. co-founder Chris Baggott, has been acquired by Silicon Valley-based tech giant Oracle Corp., the companies announced Thursday morning.
Developer unveils plans for former Central State site
Plans for the proposed $5 million redevelopment show a mix of uses, including student housing, event space, office and industrial space and even the possibility of a brewery.
Congress votes to end shutdown, avoid default deadline
Up against a deadline, Congress passed and sent a waiting President Barack Obama legislation late Wednesday night to avoid a threatened national default and end the 16-day partial government shutdown.
Indiana to seek better future deal on Amtrak line to Chicago
Indiana lawmakers said Wednesday they plan to re-examine a deal that will keep the Amtrak line between Indianapolis and Chicago running for at least another year.
New Land Bank indictment alleges fraud on prior scam victims
A federal grand jury has returned new charges in a fraud scheme involving the Indy Land Bank, including a wire fraud count against two defendants for allegedly fleecing the victims of a previous real estate scam.
REED: Indiana’s bank, thrift stocks fully recovered
Most remember well the financial crisis that led to the Great Recession. The problems were complex and big, and there were many villains and many more victims.
Cyber bandits are finding new ways into bank vaults
Corporate account takeovers are high stakes for heists.
City OKs zoning for controversial project in Broad Ripple Village
Plans from Browning Investments Inc. call for a 35,000-square-foot grocery—earmarked for a Whole Foods—and 104 apartments on the northeast corner of College Avenue and the Central Canal.
Stocks soar on optimism for debt deal in Congress
Senate leaders announced a last-minute agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown.
Hit-and-run suspect apprehended
Indianapolis police arrested Charles Foster, 33, early Wednesday morning after the man led them on a short chase in a minivan, and then on foot. Police arrived around 1:30 a.m. at the site of a hit-and-run accident at the intersection of East 10th and Rural streets, where they found a bicyclist who had been seriously injured. They saw a minivan believed to be involved in the accident run a red light nearby and gave chase. After crashing into a retaining wall, Foster fled the vehicle. Officers subdued him with pepper spray and took him to Wishard Hospital for evaluation.