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Schools locked down during chase

Indianapolis police were unable to find a suspect who ran off following a traffic stop, sparking a lockdown at several Indianapolis schools Thursday morning. Officers stopped the suspect at North Kiel Avenue and West 38th Street, but when they tried to talk to the driver, he ran from the vehicle. Saint Gabriel School, Northwest High School, Gambold Preparatory Magnet High School and Meredith Nicolson Elementary School were placed on lockdown at about 10:30 a.m. while police looked for the suspect. The lockdown order has been lifted.
 

Armed man steals drugs from store

An armed man escaped with pharmaceuticals after a robbery late Wednesday night at a Greenwood drugstore. A pharmacist at the Walgreens at 1290 N. State Road 135 said a man initially posed as a customer before pulling a gun and demanding the pain reliever Roxicodone and anti-anxiety medication Xanax. He then made the pharmacist lay on the floor before fleeing.
 

Two men shot outside tavern

Indianapolis police are seeking suspects after two men were shot Thursday morning outside Bud’s Tavern on the northwest side. The victims were found in a parking lot after shots were heard at about 2 a.m. in the 3000 block of Lafayette Drive. One was in critical condition and the other was described as serious. Police said they found about two dozen shell casings in the area of the shooting.
 

Health insurance stocks flop after Obama wins second term

Health insurance stocks sank deeper than the broader market Wednesday after President Barack Obama's re-election helped clarify the future of his health care overhaul, a sweeping law that some investors fear will pinch profits.

Duke Energy earnings hurt by mild weather

Duke Energy Corp., the nation's largest electric utility by market value, reported stronger-than-expected earnings for the third quarter, but company executives said the outlook for strong economic growth in the U.S. is dim.

U.S. jobless benefit applications fall slightly

The number of people seeking unemployment benefits fell last week by 8,000, but the figures were distorted by Superstorm Sandy. The four-week average of applications, a less volatile measure, rose by 3,250.

Music education group to remain in city through 2023

Indianapolis-based not-for-profit Music for All, which puts on the annual Bands of America competition, announced Thursday that it plans to keep its headquarters and events in Indianapolis through 2023.

Investor accused of defrauding burned-down church

Federal prosecutors have filed fraud charges against an investor who they say misspent nearly $400,000 that leaders of an Indianapolis church gave him as it tried to raise more money to rebuild from a fire.

Pacers snag highest TV ratings since 2007

Still juiced from last season's playoff run, Pacers fans packed Bankers Life Fieldhouse for the team's home opener and are watching games on TV in bigger numbers than they have in years.

Area home-building permit filings surge 46 percent

The Builders Association of Greater Indianapolis said October’s jump marked the biggest year-over-year increase this year. Activity was strongest in Hamilton and Hendricks counties.

Bosma set to pick House budget-writing team soon

The new chairman of the House Ways and Means Committee and the GOP's top lieutenants on the panel will have the task of writing Indiana's next biennial budget during the 2013 session.

MELANGTON: When it comes to sports, strike while the iron is hot

In many ways, our schedule of events defines Indiana Sports Corp. That—along with our youth initiatives that will touch 185,000 young people throughout Indiana this year—is what separates us from our competitors in 500 other markets throughout our country.

Local Ruth’s Chris franchisee takes aim at breakfast

The operator of the Ruth’s Chris Steak House locations in Indianapolis is delving into the breakfast business by acquiring the rights to open 16 Another Broken Egg restaurants. The first is slated to open in February on the north side.