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Indiana city sees many high-skilled immigrants

Companies based in a central Indiana city are hiring a greater percentage of people with visas for high-skilled foreign workers than any place in the U.S. other than California's Silicon Valley, according to a new study.

Man gets 60 years for teen’s murder

A man convicted of killing a 13-year-old girl in Indianapolis in 1986 will likely spend the rest of his life in prison. Paul Reese Sr., 69, was sentenced Wednesday to 60 years for the death of Dawn Stuard. Reese was charged with murder and rape in the case in 1986, but charges were dropped due to problems with witnesses and evidence. Investigators said new DNA evidence led them to Reese last year. Reese was already serving a 20-year sentence in an unrelated murder case.

Firefighter injured in east-side blaze

An Indianapolis firefighter was taken to a hospital early Thursday morning after battling a fire on the near-east side. The firefighter injured an ankle while fighting a blaze at a home in the 2800 block of Brookside Avenue about 3 a.m. Damage to the home was estimated at $20,000. The fire is under investigation.

Arrest made in fatal hit-and-run

Indianapolis police Wednesday arrested a man they believe to be the driver involved in a fatal hit-and-run accident. Marvin Carter, 20, was charged with failure to stop after an accident resulting in death and operating a motor vehicle without a license. Motorcyclist Michael Holcomb, 36, died in the July 12 incident at 12th and North Meridian streets. Carter is being held on $50,000 bond.

Wholesale prices for used vehicles decelerate in June

Wholesale used vehicle prices fell 3.6 percent, to $9,893 on average, in June compared with the same month of 2011, according to data compiled by Tom Kontos, an executive at Carmel-based wholesale auction chain Adesa Inc.

Area couple’s bankruptcy filing lists $18.5M in debt

An Indianapolis-area couple that operated more than two dozen companies—including one that provided financial counseling—has filed for bankruptcy, listing $18.5 million in debt that includes unpaid business loans and mortgages for homes in Florida and Wyoming.

First Internet Bancorp reports higher earnings

First Internet Bancorp, parent of Indianapolis-based First Internet Bank, said Thursday that profit rose 55 percent in the second quarter compared with the year-ago period.

Author Solutions acquired by Pearson for $116M

London-based Pearson Plc has purchased Bloomington-based self publisher Author Solutions Inc., which has about 400 employees, most of whom are in Indiana, and had revenue in 2011 of $100 million.