BENNER: One Hoosier tradition is back; another has miles to go
The Indiana Pacers have returned from the depths, but the Indianapolis 500 might never reclaim its glory.
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Kim: What investors should learn from Facebook’s IPO fiasco
Facebook’s initial public offering on May 17, 2012, was the most highly anticipated IPO since Google’s in 2004. As we know now, Facebook’s $38-a-share IPO turned out to be a fiasco from the moment NASDAQ catastrophically botched the opening of trading.
Hicks: International trade is the exact opposite of war
Among economists of all stripes, it is well understood that international trade increases wealth, reduces poverty and generally makes everyone better off in the long run. The only real question is whether the total economic benefits are immediately realized or take just a few years to mature.
Cyclist reports sexual attack
Indianapolis police are looking for a bicyclist who allegedly forced another bicyclist to have sex with him, stole his money and then shot him when he tried to get away. The reported attack happened at about 1:30 a.m. Thursday near 11th Street and Tacoma Avenue. The victim was shot in the buttocks and left ankle when he tried to run away. He said his assailant was in his early 20s and carried a silver or chrome handgun.
Two arrested for armed robbery
Police have arrested two men in connection with a May 16 armed robbery at a Franklin pharmacy. Davonte Hubbard was charged Tuesday with armed robbery and Devan Twitchell was charged Wednesday with aiding an armed robbery. Pharmaceuticals were taken at gunpoint in the robbery at Henderson Drug Store. A third suspect, Hayden Glass, died of an overdose the day after the robbery.
High-end prostitution ring targeted
Indianapolis police are seeking the alleged madam in a high-end prostitution ring after arresting one of her possible partners in crime at a Keystone Crossing hotel. Veronika Leblanc, 23, was taken into custody Tuesday night at the Sheraton Indianapolis and charged with prostitution. An arrest warrant was issued for 29-year-old Anzhelika Rampone, who police say organized a meeting between an undercover officer and Lebanc. Police seized $200,000 in cash and about $100,000 in jewelry from the pair. Leblanc is accused of charging $500 or more an hour for sex.
City expected to award towing contract to California firm
Indianapolis will choose a San Francisco-based company to oversee city-ordered towing under a contract expected to be authorized Thursday afternoon.
Interest in Westfield schools’ land not paying off … yet
Westfield Washington Schools likely will hold onto 14 acres of high-profile property at the corner of U.S. 31 and State Road 32—at least until offers for the land improve.
U.S. unemployment aid applications show decline
Jobless claims are showing gradual improvement, but for hiring to strengthen enough to lower the unemployment rate to a more normal level, companies must gain more confidence in the economy.
Waste-management firm hit with environmental fines
Some of the violations cited by the state are related to poor handling of hazardous materials at the Heritage-Crystal Clean Inc. facility in Speedway.
Celadon acquires Canadian trucking company
Hyndman Transport Limited, based in Wroxeter, Ontario, operates about 175 tractors and brought in roughly $48 million in revenue in 2012.
Fort Wayne schools want 3rd party to review ISTEP
Indiana's largest school district says it won't accept results of this year's standardized testing until an independent third party validates the scores.
Mayor suspends land bank after indictments
Indianapolis Mayor Greg Ballard on Wednesday sidelined a city program that sells vacant and tax-delinquent properties, one day after federal prosecutors indicted two of its top officials for allegedly accepting bribes and kickbacks.
Indiana 8th-graders best most nations in math, science
In the same year the Legislature passed a set of sweeping reforms to improve Indiana’s public schools, Indiana’s eighth-graders were scoring No. 7 in the world on an international math test.
Indianapolis education up-and-comers are fierce competitors
Friends' competition for bragging rights lands both on Forbes' 30 Under 30 lists.
Three former executives sue Carbon Motors over pay
Executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory are seeking more than $600,000 in deferred wages.
Indiana presses ahead with I-69’s next section
The company that will build the 21-mile Bloomington-to-Martinsville segment by upgrading existing State Road 37 will sign a public-private deal under which it will arrange its own financing to design and build that stretch.
Fishers to fine for fireworks
The Fishers Town Council has passed a fireworks ordinance that subjects residents to fines of $150 or more for setting off personal pyrotechnics at unapproved times. Fireworks will be allowed from 5 p.m. until two hours after sunset June 29 through July 3 and July 5 through July 9. They also can be set off between 10 a.m. and midnight on July 4 and from 10 a.m. Dec. 31 to 1 a.m. Jan. 1.
Shots fired after break-in
Police seek two armed men who allegedly broke into a Westfield apartment Wednesday morning and fired shots as they escaped. The shooting happened at the North Union apartment complex near Westfield Boulevard and State Road 32 about 6:30 a.m. No injuries were reported. Police say the incident was drug-related.