Report: Purdue ex-president Cordova to get $500K bonus
Former Purdue University President France Cordova is getting nearly $500,000 and reaping other financial benefits under a separation agreement approved by the school's board of trustees.
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Duke Energy utilities probe continues after hearings
North Carolina utilities regulators said Friday they will continue their investigation into whether they were intentionally misled by executives and directors assembling the country's largest electric company.
Ron Howard to lead Brickyard 400 field in pace car
Indianapolis Motor Speedway officials announced Friday that the Oscar-winning director would lead the field before the July 29 race at the storied 2.5-mile track.
Duke Energy director answers questions in merger probe
A long-time Duke Energy Corp. director who led the surprise CEO ouster at the country's largest electric company said Friday that reasons for the move included a long-delayed update on insurance payments for a troubled Florida nuclear power plant and personal meetings that went poorly.
Cross-country walker killed by car
Police say a 20-year-old California man taking part in a cross-country anti-abortion walk was fatally struck Friday morning along a central Indiana highway.
Hendricks County police say Andrew Moore of Concord, Calif., was walking along U.S. 40 about 20 miles west of Indianapolis at about 5 a.m. when he was hit. Moore was wearing a reflective vest. The driver suffered minor injuries. Police say there were no signs the vehicle was off the roadway or that alcohol was a factor.
Woman injured while fleeing police
Police in Indianapolis say a 22-year-old woman fleeing officers was critically injured when she crashed her car into a utility pole at about 1 a.m. Friday. A police spokesman said officers tried to stop a car that had been reported stolen, but the driver fled along major streets on the city's south side before police lost sight of the car. Officers soon found that the vehicle had gone out of control and slammed into a pole at Troy Avenue and Shelby Street. Police say Erica Shelton, of Indianapolis, was ejected from the car. She was taken to a hospital in critical condition. Shelton faced arrest warrants on methamphetamine-dealing charges.
Man captured after police standoff
An Indianapolis man was taken into custody Friday morning after a standoff on the west side of the city. Stori Emerson, 31, was arrested on an outstanding warrant for felony possession of marijuana. Police tried to serve Emerson a warrant at about 4 a.m. but heard three gunshots from inside the residence in the 4900 block of West Morris Street. Emerson surrendered after spending two hours holed up in a house. Additional charges are pending.
Purdue board approves pick of interim president
Purdue University's trustees have approved an acting president to lead the school until Gov. Mitch Daniels becomes its president in January.
How will critics rage against Super Bowl impact now?
Hosting big events like the Super Bowl will always draw out some critics in central Indiana. But a close look at the numbers inside the recently released Super Bowl economic impact should quiet the howling.
Airport authority names new executive director
Robert Duncan has held the position on an interim basis since March, when his predecessor, John Clark, abruptly stepped down. Duncan previously served as the authority’s general counsel and chief operating officer.
State unemployment rate ticks up to 8 percent
The increase marks the first time Indiana’s unemployment rate has risen in nearly a year, the Department of Workforce Development said Friday. The rate remains below the national rate of 8.2 percent.
Venture funding falls 12 percent in second quarter
Funding for U.S. startups fell 12 percent in the second quarter as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest level in more than a decade.
Purdue planning $89M classroom, library project
Purdue University officials are working on plans for an $89 million project to build a new classroom and library building that would take the place of an old power plant on the West Lafayette campus.
INSIDE DISH: Unlikely pair pilot Ship to profit
OK, so an accountant and a tattoo artist start a bar. Except it's no joke. Clearly defined roles have helped the odd-couple co-owners of The Sinking Ship navigate a turbulent startup and land on solid financial ground.
State exports face drop in 2012, after 2011 record
Indiana’s exports are going strong this year but may not be enough to break a record of $32 billion in exports set last year.
USDA: Rain likely too late for most of Indiana’s corn
A top federal farm official who spent two days touring drought-stricken Indiana farms said Thursday that most of the state's corn crop is in such bad shape that this week's rainfall likely won't boost yields.
Mudathlon makes a splash as obstacle course races grow
A 3-year-old Westfield has taken advantage of the adventure-race trend by staging Mudathlons–obstacle courses conducted in the mud. More than 12,000 people were expected to participate in Mudathlon’s four races this summer, up from about 2,000 at the company’s first two races in 2010.