Herff Jones completes Varsity Brands acquisition
The Indianapolis-based class ring and yearbook maker has completed its acquisition of Memphis-based Varsity Brands, which manufactures and distributes apparel for cheerleading and dance activities.
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Holiday World set to announce plans for $9 million ride
A southern Indiana amusement park will mark its 65th anniversary by unveiling plans for a $9 million ride that will be the most expensive in the park's history.
Lugar: Norquist tax pledge, others hamper Congress
Sen. Richard Lugar is the only Republican in the state's Congressional delegation who hasn't signed Norquist's pledge, which requires the signer to "oppose and vote against any and all efforts to increase taxes.”
Colts re-sign Manning to long-term deal
The four-time NFL MVP has inked a five-year contract for $90 million, with $69 million of that paid in the first three years. The deal is structured to allow the team to sign more of its own free agents.
INDOT rejects Monroe County plan excluding I-69
In the latest turn in the battle of wills over the $3 billion highway connecting Indianapolis to Evansville, department officials nix plan because it excludes Bloomington-area section of the expansion.
Indiana could weather U.S. default for a couple months
The state would be able to draw down its $1.2 billion cash reserves and lean on money from the $3.8 billion Indiana Toll Road lease to carry it for a few months until the federal government came up with a plan, according to Budget Director Adam Horst.
Cost cutting planned by Integra Bank’s new owner
Old National Bank President Bob Jones said an undetermined number of jobs will be eliminated, with the bulk of them being branch managers and other management positions.
Libman leaves as Center for the Performing Arts boss
Claims “personal reasons.” Frank Basile takes over temporarily.
Libman resigns from Carmel arts center
Steven Libman, CEO of the Center for the Performing Arts in Carmel, resigned late Friday afternoon—less than three months after his contract was extended through 2016.
Lilly wins appeals court ruling in Strattera patent case
The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., overturned Friday a judge’s decision that Lilly’s patent on attention-deficit treatment Strattera was invalid.
Movie purse-snatching costly to victim
Indianapolis police are warning movie goers to be on the lookout for thieves after a woman said someone snatched her purse at a northeast-side theater. A woman told police she was watching a movie at the Keystone Art Cinema Monday evening and left her purse on the floor next to her. She later discovered someone had stolen her driver’s license, $260 in cash and two credit cards. The suspect used her American Express card at the nearby Nordstrom store and spent $2,011 on clothes and shoes. Detectives are reviewing surveillance video from the Nordstrom store.
Murder suspect appeals charges
An Indianapolis woman accused of murdering her newborn has appealed a decision that made her ineligible for bond. Bei Bei Shuai, 34, was charged with murder and attempted feticide for allegedly eating rat poison while pregnant. Shuai gave birth to a baby girl Dec. 31. The coroner's report said the baby died two days later from consumption of rat poison. Defense attorneys argue Shuai was trying to commit suicide and that she should not be prosecuted for trying to harm herself.
Heat wave pressures water system
Indiana's recent heat wave has led to an increase in water main breaks, prompting voluntary watering bans. Leaders in Carmel, Brownsburg and Indianapolis have asked customers to cut down on watering lawns because of the system’s inability to process and distribute higher volumes of water quickly. The Indianapolis Department of Water Works typically produces 140 million gallons per day but has been producing about 215 million daily during the heat wave. The system has already experienced 30 water main breaks because of high demand.
Critics knock school superintendent pay-cap idea
The suggestion that Indiana lawmakers impose a limit on the pay for school district superintendents doesn't seem to have much support.
Woman sentenced for illegal immigration service
M. Esther Barber, who is not an attorney, advertised herself to the Spanish-speaking community as a “notario” who can assist with immigration legal issues.
Charter school trying to build on test-score progress
Indy Met’s structured approach helped more students pass algebra, English exams. Now many say the school should work on solidifying its gains.
Economy growing at slowest pace since recession
The economy expanded at a meager 1.3-percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest since the recession ended two years ago.
Dry streak becoming worrisome for Indiana farmers
Central Indiana is on pace for perhaps its driest July on record, with the state's eastern half already in low-level drought conditions.
Senior housing project replacing retail center
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
Northeastern Indiana auto parts maker laying off 175
Ficosa North America will sideline workers beginning in September as the company consolidates mirror production and prepares the plant to make other products.