Indiana Supreme Court considers punitive damage cap
A top state attorney defended Indiana's punitive damages law Thursday against claims that it renders trials meaningless by forcing judges to reduce awards in lawsuits without telling jurors.
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SKARBECK: Even glass-half-empty Grant has positive long-term view
An Indiana University grad and author of five books, Jim Grant possesses deep knowledge on the role central banks have played throughout history and the cumulative results of their monetary policy decisions.
HICKS: Economic forecasts entertaining, but usually wrong
This is the season of economic forecasts, for which there are many uses beyond their pure entertainment value.
State fair to feature ice show
Visitors to next summer's Indiana State Fair will be able to cool down during the dog days of August by watching an outdoor ice-skating show. Fair spokesman Andy Klotz said Rosstyn Ice Shows will hold three to four family-themed shows daily on a rink beneath a tent with seating for up to 800 spectators.
Vacant house destroyed by fire
A vacant house on the northeast side will be torn down following an overnight fire that caused parts of it to collapse. Indianapolis firefighters arrived at the blaze in the 2300 block of North LaSalle Street at about 3:15 a.m. and fought it for about 45 minutes. The cause is under investigation.
Body found in White River State Park
A bicyclist found the body of an unidentified woman in White River State Park at about 7:30 p.m. Wednesday. The body was on a walking path near Limestone Street and West New York Street, south of the IUPUI Campus Apartments. Investigators were delayed in investigating the death until two dogs guarding the body were removed by Indianapolis Animal Care and Control, police said. An autopsy was scheduled for Thursday.
Apartments, shops planned for old Beech Grove hospital site
Dubbed Franciscan Place, the $20 million development will feature 150-plus senior-living apartments, shops and a restaurant in the old hospital. Work is expected to begin in February.
Indy firm to clean up tainted Terre Haute site
Terre Haute officials this week awarded a $2.7 million contract to an Indianapolis company for the removal of soil to a depth of 10 feet on much of a 20-acre site where Terre Haute Coke and Carbon operated from 1926 until 1988.
Hoosier Racing Tire casting eye toward IndyCar
At last week's International Motorsports Industry Show, officials for Lakeville-based company said they are interested in and capable of supplying tires for the high-speed IndyCar Series.
Home seizures by banks rise in Indiana, nationally
Home repossessions rose in 29 states and the District of Columbia in November, led by an increase of 96 percent in Indiana. However, the number of homes starting on the path to foreclosure declined to the lowest level in six years.
Lilly discontinues late-stage trial in rheumatoid arthritis
Eli Lilly and Co. said it discontinued a last-stage trial of experimental rheumatoid arthritis drug tabalumab for lack of efficacy. Lilly is still evaluating the drug in the two other late-stage studies.
Remy rises in first day of trading on NASDAQ exchange
Shares of the Pendleton-based company opened Thursday at $15.85 each and climbed to $16.50 by the end of the day. The stock had previously been listed on the thinly traded pink sheets.
On the market: 1926 theater, home to The Emerson
An eastside theater built in 1926 is up for sale with an asking price of $145,000.
Johnson County officials repeal public smoking ordinance
Johnson County commissioners voted unanimously this week to repeal a tough new public smoking ordinance less than a month before it was scheduled to go into effect.
Indiana to get $1.1 million in Pfizer settlement
The money is the state's share of a $42.9 million deal the drugmaker struck to resolve allegations it deceptively marketed an antibacterial agent and promoted a fibromyalgia treatment for off-label uses.
Daniels: Some firms concerned about marriage bill
Gov. Mitch Daniels said Wednesday he has been hearing from companies that fear that a measure that would put Indiana's ban on same-sex marriage into the state constitution might also prevent firms from offering benefits to gay couples.
FEIGENBAUM: Unusual circumstances could stir Indiana General Assembly
When lawmakers reconvene Jan. 7 for the 2013 legislative session, they will do so under a unique structure: a new Republican governor and Republican super-majorities in both chambers of the General Assembly.