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Bird refutes report that he’s leaving Pacers

CBSSports.com is reporting that Larry Bird is ready to step down as president of the Indiana Pacers, but the NBA legend says he’s not yet made a decision on his return. Bird’s contract with the team is up at the end of the season.

As expected, Colts make quarterback Luck No. 1 pick

Six weeks after saying goodbye to Peyton Manning, the Indianapolis Colts handed Andrew Luck a blue and white jersey and the daunting task of leading a rebuilding team as its quarterback for the next decade.

Report: Rebates from health care law will top $1B

More than 3 million health insurance policyholders and thousands of employers will share $1.3 billion in rebates this year, thanks to health care reforms, a research group said Thursday. Indianapolis-based WellPoint Inc. is expected to return $94 million.

Indiana fairs, festivals await stage rigging rules

Organizers of some of Indiana's county fairs and small festivals are anxiously awaiting new rules governing the type of rigging involved in last summer's deadly State Fair stage collapse.

Zimmer profit up slightly, meets expectations

Indiana-based orthopedic implant maker Zimmer Holdings Inc. on Thursday reported a fractional increase in first-quarter profit on higher sales in all global regions, particularly the Asia Pacific.

Best Buy’s turnaround may pinch HHGregg

The struggling electronics chain Best Buy has launched a turnaround strategy that borrows more than a few pages from the playbook of competitor HHGregg.

Canal Walk popular, but full of opportunities missed

City leaders once envisioned the Canal Walk as a bustling pathway lined with restaurants and shops, but residential and office buildings have sprouted instead on most of the parcels along the meandering 1-1/2-mile stretch–making it more of a local amenity than a visitor attraction.

Plant upgrades might cost IPL nearly $1 billion

New federal mercury-reduction regulations may force Indianapolis Power & Light to spend nearly $1 billion to upgrade its coal-fired electric plants scattered around Indiana. Duke Energy is mulling everything from plant upgrades to shutting down older units.

Firm finds opportunity helping employers with hiring

Rushville-based Barada Associates Inc. specializes in helping business clients make good hiring decisions—services that have become more popular as companies find themselves inundated with eager applicants looking for work.

BrightPoint stock sinks on lower earnings report

BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.

PROXY CORNER: Noble Roman’s Inc.

Indianapolis-based Noble Roman’s Inc. is a franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants. Some outlets are stand-alone, while others are in non-traditional locations, such as universities, convenience stores, travel plazas and military bases.

Growth pushes Bluelock into black

The growing popularity of cloud computing is sending sales skyward for Bluelock, a 6-year-old firm that is turning a profit and garnering national attention.