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New student-loan effort adding to ITT backlash

For-profit school operator ITT Educational Services Inc. told investors late last month that it had worked out a tentative deal with an outside party that would provide $100 million in loans to its students.

Meteorologist Buchman leaves WISH-TV, as expected

Popular meteorologist Angela Buchman has left WISH-TV Channel 8 as expected and is likely to be off the air for a year until she joins competitor WTHR-TV Channel 13, according to several local broadcast television sources.

Interactive Intelligence acquires Maryland company

Interactive Intelligence, a developer of communications and interactions-management software, purchased Bay Bridge Decision Technologies in an all-cash transaction effective Aug. 1. Terms of the deal were not disclosed.

Apartment residents displaced by fire

Lightning is believed to have caused a fire that left 28 residents of a Westfield  apartment complex displaced Thursday morning. The blaze broke out at Maple Knoll Apartments, near State Road 32 and Spring Mill Road, at about 7 a.m. Fire crews from Westfield, Indianapolis, Noblesville, Zionsville and Sheridan battled the fire for more than an hour. Apartment management and the American Red Cross are working to find shelter for some of the residents.

Shooting suspect turns himself in

A suspect wanted in the shooting of a 13-year-old Indianapolis boy turned himself in to police overnight. Glenn Beard, 56, is charged with murder and possession of a firearm by a serious violent felon. He is suspected of shooting Jarrell Tucker on Sunday night in the 100 block of North Denny Street. Beard denies the charges.

Area homebuilding permits jump 21 percent

Builders in the nine-county area filed 373 construction permits in July, a 21-percent increase from the same month last year, according to the Builders Association of Greater Indianapolis.

National, state foreclosure starts on the rise

The number of homes that received an initial notice of default — the first step in the foreclosure process — increased 6 percent in July compared to the same month last year. Foreclosure starts rose 83 percent in Indiana.

Developers taking serious look at former GM site

At least six reputable developers, both local and national, have toured the former General Motors plant near downtown Indianapolis since it closed last year, according to an official trying to market the property. Of those, two are taking a serious look.

Livestock farmers still seeking pause in ethanol production

Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the EPA waive production requirements for corn-based ethanol. The Obama administration sees no need for a waiver.