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Tangle with Huntington could fell ‘Peanut King’

Richard Green Sr. is called “The Peanut King,” a moniker he earned more than a half-century ago, when he operated 9,000 peanut-vending machines across seven states. Those machines, which swallowed coins in return for a handful of nuts, are long gone. But his 56-year-old Indianapolis business, the Richard Green Co.—which these days sells pretty much […]

Prosecutor: No charges in deadly ambulance crash

The Marion County Prosecutor’s Office said Thursday that no charges will be filed against the driver involved in a deadly Feb. 16 collision with an ambulance downtown. Indianapolis paramedics Timothy McCormick, 24, and Cody Medley, 22, died from injuries sustained when their ambulance was struck by a car that failed to stop for a flashing red light. The driver of that car, 21-year-old Jade Hammer, admitted to consuming alcohol before the crash, but her blood-alcohol level was found to be 0.038 percent, well below the legal limit of 0.08 percent. Curry said the Indiana Supreme Court has held that failing to stop for a red light “does not constitute recklessness as a matter of law.”

Brownsburg residents oppose indoor gun range

Several Brownsburg residents expressed concerns Wednesday about an indoor shooting range that could open near their homes. Plans for the 100,000-square-foot facility at 462 Southpoint Circle have not been submitted to the Brownsburg Zoning Board, but homeowners turned out for an informational meeting. Residents said they were worried about safety and the impact the range would have on nearby homes’ values. The project could be up for zoning approval as soon as April.
 

Man dies after fire guts north-side house

Investigators are trying to determine what caused a fire that quickly spread through a north-side home Wednesday afternoon, killing a male resident. Firefighters called to the 7500 block of Brackenwood Circle at about 4 p.m. found a man in his mid-60s unconscious inside, suffering from with apparent burns and smoke inhalation. He died late Wednesday at St. Vincent Hospital. Damage to the home is estimated at $100,000.
 

Republic Airways pulls out of earnings dive

Restructuring efforts at Republic Airways Holdings spurred the regional airline operator to a fourth-quarter profit of $12.6 million, or 25 cents per share, the company announced Wednesday.

Emmis sells Slovakian radio network for $21 million

Emmis Communications Corp. has sold a national radio network in Slovakia to Germany-based Bauer Media Group for $21 million, the locally based media company disclosed Wednesday in a regulatory filing.

Hairstylists testify they agreed to share lottery jackpots

Seven hairstylists who are fighting for a share of a $9.5 million lottery prize bought by a co-worker testified Wednesday that they had all agreed to share any winnings from tickets purchased at the same time as those for an office pool.

Pence moves outside Indy to find tax cut support

Indiana Gov. Mike Pence is taking his pitch for a 10-percent cut in the personal income tax around the state after failing to lock down support for his signature legislative priority inside the Statehouse.

United Way sees promise in new CEO’s connections

Ann Murtlow has no experience running a not-for-profit, yet she is charging into the top job at one of the city’s largest charitable groups. The people who hired the former Indianapolis Power & Light Co. CEO say her connections to the Indianapolis business community are a big plus in her new role at United Way of Central Indiana.

JONES: Lessons for the 2013 IPO market from Facebook

With the Dow Jones industrial average and the Standard & Poor’s 500 index hovering at or near all-time highs, one would think the stock markets would be highly receptive to initial public offerings in 2013, even if the economy disappoints.