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Wabash National shares rise on $360M deal

Shares of Indiana-based Wabash National Corp. jumped Tuesday after the maker of truck trailers said it would diversify its business by purchasing liquid-transportation company Walker Group Holdings LLC for $360 million.

Indiana fruit growers hope cold stays away after heat

Indiana fruit growers whose trees were lured into blooming weeks ahead of normal by a March heat wave surveyed their orchards Tuesday following a night of freezing or near-freezing temperatures that threatened the trees' tender blossoms.

IU student bitten by rabid bat

An Indiana University student bitten by a rabid bat while he slept in his Bloomington dorm room is receiving rabies shots. The student, his roommate and a pest control worker who transported the bat also are receiving the 14-day regimen of shots. IU spokesman Mark Land said the student was bitten on a hand Wednesday and shook the bat off in a hallway. The bat was recovered by the pest control worker and tested positive for rabies.

School district ends bus fees

A suburban Indianapolis school district will stop charging fees for school bus service after months of controversy that led to a new state law against such charges. The Franklin Township school board voted 5-0 Monday night to end the fees as part of a plan to refinance the district's $181 million in debt. Officials of the 9,000-student district said last year they were forced to cut costs by turning the bus service over to an outside agency that charged at least $40 a month per child.

Man shot during police chase

Indianapolis police say an officer shot a motorist who tried to run him over after a chase approaching 100 mph on city streets. The pursuit started Monday night when police tried to pull over a car traveling at high speeds near West 38th Street and Lafayette Road. Officers forced the car to stop, but the motorist then attempted to drive into one of the officers, who fired shots at the car. The wounded driver took off in the vehicle, crossing through a yard and returning to the street before officers were able to stop him again. Steven Wooden, 28, was taken to Wishard Memorial Hospital in stable condition with gunshot wounds to his right arm and left hand. No injuries were reported to police officers.

Anderson baseball-complex plan hits financing snag

Construction on The Farm, a $7.5 million baseball and softball facility along Interstate 69, has hit another snag while city officials and project developers continue to negotiate acceptable financing terms.

United Way expects record $40.6M in donations

United Way of Central Indiana is projecting that its 2011 annual campaign will raise a record-breaking $40.6 million, topping the previous high of $39 million in 2007.

Deal puts Farm Bureau’s name on downtown concert venue

Farm Bureau Insurance is putting its name on outdoor concert venue The Lawn at White River State Park under a sponsorship agreement with event promoter Live Nation Entertainment, the companies announced Tuesday.

Firm to reimburse vehicle owners for illegal towing

Interstate/Delaware and South Towing will pay about $80,000 to owners of more than 300 vehicles unlawfully towed from the Indiana Avenue parking lot under an agreement reached with the city prosecutor.

Amazon plans another Indiana warehouse, 1,000 jobs

The online retailer said it will open a new warehouse in Jeffersonville and create up to 1,050 jobs by 2015 as part of a $150 million investment. The distribution facility would be the company’s fifth in Indiana.

Mass Ave project surrounding Barton Tower gets state OK

A partnership of Flaherty & Collins Properties and Insight Development Corp. was awarded rental housing tax credits by the state that will be sold to finance construction of a 61-unit, $11.5 million apartment project at 555 Massachusetts Ave.