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Fed to keep interest rate near zero for 2 years
The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought and faces increasing risks.
Are benefits the key to happy employees?
Employee retention will be a challenge as the economy recovers—and that could hit smaller firms especially hard.
Police to probe speeding officer
The Indianapolis Metropolitan Police Department has opened an inquiry into allegations of a speeding police officer captured on video on Interstate 65 over the weekend, a spokesperson said. A motorist took video of the patrol car traveling from Southport Road to Raymond Street at speeds above 100 mph without using warning lights or sirens. The department would not confirm if the officer was on duty or off duty or if he had been questioned by supervisors.
Fair offering $2 Tuesdays
In a special promotion, the Indiana State Fair is rolling out $2 Tuesdays. On Tuesday this week and next, fair food vendors will be offer $2 servings to give patrons a chance to sample more items. In addition, a $2 admission voucher will be available on Turkey Hill’s website, and rides will cost $2 from noon to 10 p.m.
State’s smoking rate falls
For the second year in a row, the smoking rate for Indiana adults has decreased. According to new data from the Center for Disease Control’s annual Behavioral Risk Factor Surveillance System, the smoking rate in Indiana dropped to a new low of 21.2 percent in 2010. The rate was 23.1 percent in 2009. More than 27 percent of Indiana adults were smokers 10 years ago. Indiana still has a high rate of smoking compared to most states. The national median was 17.3 percent in 2010.
City considers tougher ticket-scalping regulations
A proposal in front of a City-County Council committee would require ticket brokers to purchase an annual license to sell tickets within one mile of an event venue.
Report: Investigators tailed Libman before resignation
A WXIN-TV Channel 59 report suggests the city of Carmel hired private investigators to tail Steven Libman, who resigned abruptly last month as CEO of the Center for the Performing Arts in Carmel.
Artist complains about removal of public art from Indy airport
Local artist James Wille Faust is crying foul over a decision to replace his $150,000 work with advertising at the Indianapolis International Airport.
Late surge gives stocks largest advance in two years
U.S. stocks on Tuesday rallied after the Federal Reserve said it was prepared to use a range of tools to bolster the economy.
Fishers named a top suburb for retirees
Forbes magazine said Fishers had the lowest crime rate on the list, average home prices just above $200,000 and a cost of living 10 percent below the national average.
Indiana part of suit against for-profit college
The Obama administration and four states, including Indiana, are accusing Education Management Corp., which operates two colleges in Indianapolis, of illegally paying recruiters to enroll students in an $11 billion fraud.
Indiana stocks part of massive Wall Street sell-off
Stock prices hurtled lower Monday as anxiety overtook investors on the first trading day since Standard & Poor's downgraded American debt. Indiana stocks were part of the carnage.
Indiana voucher program sees 2,200 students enlist
The Department of Education began accepting applications to its broad-sweeping new school voucher program a month ago. Since then, 2,230 students have been accepted into the program
Indiana casinos see revenues drop, brace for rivals
State gaming commission records show that admissions at Indiana's 11 full casinos dropped about 3 percent through the first six months of this year when compared to 2010.
Noblesville robber seeks money, pills
Noblesville police are investigating two robberies, both involving elderly victims, by a man seeking money and drugs. The first happened about 11:30 p.m. Saturday in the 1800 block of Hannibal Street. William Story, 69, said someone knocked on his door. When he opened it, he was attacked. He was struck several times in the head when he fought back. A similar incident occurred at 3:36 a.m. Sunday in the 100 block of Queens Lane. Patricia Meredith, 65, woke up and found a suspect robbing her residence. He demanded money and pills before fleeing.
Noblesville robber seeks money, pills
Noblesville police are investigating two robberies, both involving elderly victims, by a man seeking money and drugs. The first happened about 11:30 p.m. Saturday in the 1800 block of Hannibal Street. William Story, 69, said someone knocked on his door. When he opened it, he was attacked. He was struck several times in the head when he fought back. A similar incident occurred at 3:36 a.m. Sunday in the 100 block of Queens Lane. Patricia Meredith, 65, woke up and found a suspect robbing her residence. He demanded money and pills before fleeing.
Man shot to death on west side
Police are seeking a suspect in the shooting death of a man Sunday night at Springhill Apartments near West 46th Street and High School Road. The victim, a male in his early 30s, was shot in the head during an apparent home invasion. Police are withholding the victim’s identity until his family in Mexico is notified. Three other people inside the apartment at the time of the shooting were not injured and are cooperating with police.
Police capture murder suspect
Indianapolis police and SWAT members on Monday morning captured a 44-year-old suspect wanted in the connection of the death of his wife in Dayton, Ohio. Keith A. Wilson is accused of shooting his wife, Marny L. Wilson, 40, in front of their young children on Sunday. The suspect was taken into custody after a standoff near West 62nd Street and Zionsville Road just before 6 a.m. Two other individuals, possibly family members, were taken into custody.
Health care VC slows in 2011
Four Hoosier companies attracted more than $10.5 million, down from 10 companies that attracted $18.5 million during the first half of 2010.
