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PROXY CORNER: KAR Auction Services Inc.

Carmel-based KAR Auction Services Inc. is the holding company for ADESA Inc., which operates used-vehicle auctions at 70 locations, Insurance Auto Auctions Inc., which operates salvage auctions at 159 locations, and Automotive Finance Corp., which provides floor-plan financing at 89 locations.

HICKS: Efficacy of the American Jobs Act questionable

In my professional judgment, President Obama’s proposed American Jobs Act is as fair an attempt at stimulating the economy as is now possible. Whether or not it is good policy or will work are other questions.

Classes emphasize connection between artists, entrepreneurs

Universities and other not-for-profits are ramping up business training for artists and art students—in the form of workshops, classes and counseling—in hopes of making “starving artists” a thing of the past.

Government pension performance stings cities

The pension fund that holds benefits for public employees has seen improved investment returns over the last two years, but the hammering it took during the depths of the recession continues to deal a blow to cities, counties and other employers.

Owner finding new tenants for former Macy’s

High-end custom homebuilder Moussa Khoury and a partner bought the former Macy’s store at Washington Square Mall in 2009 for about $775,000. They paid cash since commercial lending had vanished. Two years later, the investment has begun paying off.

Ex-Ohio State, Colts player pleads guilty in scam

Former Ohio State University and Indianapolis Colts quarterback Art Schlichter, whose football career was derailed by a gambling addiction, has pleaded guilty to state theft charges linked to a sports ticket fraud scheme.

Kennedy spot-on

I was surprised and very pleased to see and read [Sheila Suess Kennedy's] column in the [Aug. 29] IBJ regarding marijuana.

Back in the action

In December 2010, Mickey Maurer wrote the following in one of his columns: “I made a big mistake almost 20 years ago when I decided I had created sufficient wealth to cash in on the American Dream.

RCA Dome ‘insanity’

What never seems to get mentioned anymore is that we, the citizens of Indianapolis, are still on the hook for around $70 million on a facility (RCA Dome) that was reduced to an ash heap three years ago.

KHARBANDA: Fiscal hawks should fight new-terrain I-69

Our organization recently released an economic analysis concluding that, over the next two years, Indiana will dedicate 23 percent of its available funding for highway construction, maintenance and repair to the new-terrain I-69 project.

RUSTHOVEN: Carson’s Tea Party jab missed the mark

U.S. Rep. AndréCarson recently grab-bed headlines by telling the Congressional Black Caucus (to quote news reports), “the Tea Party is working through its allies in Congress to block the economic advancement of blacks and other minorities.”

Indianapolis police seek lost man

Authorities are searching for a 76-year-old man who they said may need medical attention. William “Bill” Kolb was following family members home from Community Hospital North on Wednesday, heading toward 2200 N. Kitley Ave., when he took a wrong turn. Kolb was driving a maroon 2009 Hyundai Accent with Indiana license plate DY5227. Police said Kolb may be lost and confused. His phone was located northwest of East 16th Street and North Franklin Road about 7:45 p.m.

Lawrence SWAT team serves warrant

Marion County deputies called in a Lawrence SWAT team Wednesday night to help serve an arrest warrant near 42nd Street and Post Road. The wanted man, who was sought on unknown charges, would not come out of an apartment when asked by the deputies about 9 p.m. and barricaded himself inside. SWAT members used pepper-spray-type canisters to force him from the apartment about 6 a.m.

Pan Am Plaza damage subject of court battles

The owner of Pan Am Plaza’s parking garage, which the city partially closed on Wednesday over safety concerns, has fought legal battles over the damage with Indiana Sports Corp. and Central Parking System.

Jury hears closing arguments in Plowman case

Former City-County Councilor Lincoln Plowman is accused of using his official position to collect $6,000 to help gain zoning approval for a new strip club. He’s charged with bribery and attempted extortion.

Mortgage-default filings surge in Indiana, nation

Default notices sent to delinquent U.S. homeowners surged 33 percent in August from the previous month, a sign that lenders are speeding up the foreclosure process. Indiana saw an increase of 46 percent, a bigger rise than every state except California.