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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.
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.
Claims “personal reasons.” Frank Basile takes over temporarily.
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.
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.
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.
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.
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.
The suggestion that Indiana lawmakers impose a limit on the pay for school district superintendents doesn't seem to have much support.
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.
Indy Met’s structured approach helped more students pass algebra, English exams. Now many say the school should work on solidifying its gains.
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.
Central Indiana is on pace for perhaps its driest July on record, with the state's eastern half already in low-level drought conditions.
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.
Ficosa North America will sideline workers beginning in September as the company consolidates mirror production and prepares the plant to make other products.
The most successful black businessman in Indiana plans to retire from the company that bears his name at year-end as part of a transition that ultimately will put his daughter at the helm.
WTTV-TV Channel 4 and Tribune Creative Group were recently recognized with a Silver Award at the 2011 Promax/BDA Promotion, Marketing and Design North America Awards Show.
Bigger player payrolls under the NFL’s new collective bargaining agreement are expected to make life difficult for small-market teams like the Indianapolis Colts.
A Chinese entrepreneur intends to open his first U.S. tire-recycling facility in Indiana. Good Time Technology Development is considering vacant industrial sites in Connersville, Kokomo and Muncie.
The Veterans Administration is cracking down on shaky claims about veteran-owned small businesses.
