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News on jobs and broadband

Indiana isn't doing as well as neighboring states in recovering from the recession, and adoption of high-speed Internet varies widely in the Indianapolis area, new studies show.

Scoop: What’s up at the Palladium in 11/12?

Lineup includes Bernadette Peters (with Michael Feinstein), Sandi Patty (with Michael Feinstein), and Marvin Hamlisch (with Michael Feinstein)…plus more acts without Michael Feinstein.

Two wins to bring Lilly modest sales

Finally, some new revenue. Eli Lilly and Co. will enjoy modest new sales later this year after U.S. regulators approved a new diabetes drug developed by a partner company, and another company nears approval on a drug that will produce royalties for the Indianapolis-based drugmaker.

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Robbery suspect surrenders after standoff

Indianapolis police arrested a robbery suspect on the city's southeast side after a SWAT situation Thursday afternoon. SWAT was called to a home near State and Pleasant streets, east of the Fountain Square area, following a robbery at a Church's Chicken restaurant. Neighbors said they saw a young man running through the neighborhood with money flying out of his backpack. Police blocked off part of the neighborhood. About an hour later, the suspect surrendered. He is now in police custody.
 

Teen robbers steal charity cash

Local police are searching for a pair of teenagers who they say stole jars filled with money for charity. The two male suspects robbed the Dollar General store on Keystone Avenue Thursday morning by demanding money from the cashier. Then, as they were leaving, they grabbed two jars that had been placed on the counter by local charities. Surveillance cameras shot footage of the suspects.
 

Car stolen with boy inside

Indianapolis police have found a car that was stolen Thursday night while a 3-year-old boy was inside. The child was uninjured and still strapped in when they found him. The car was stolen at about 10:25 p.m. in the 4800 block of Dawn Drive on the city’s northwest side and located about an hour later several blocks away near 71st Street and Georgetown Road. Police said the child's grandmother left the vehicle running and unlocked when it was taken. Police are looking for a suspect.
 

Kite Realty Trust reports wider first-quarter loss

Indianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining revenue and a big dividend payment to preferred shareholders.

State revokes Fishers money manager’s license

The Indiana Secretary of State’s Office has revoked the financial advising license of Fishers money manager Keenan Hauke, who is being investigated by the office over financial irregularities involving a hedge fund he operates.

Tech firm Slingshot expanding, plans 114 more jobs

Indianapolis-based Slingshot SEO Inc., founded by three friends from Zionsville High School, plans to expand operations in Indianapolis, adding 114 more employees by 2013, economic development executives announced Friday morning.

State ethics chief: White OK in viewing predecessor’s report

Former Secretary of State Todd Rokita’s report concluded that Charlie White appeared to intentionally vote in the wrong precinct a year ago when he won the Republican nomination for secretary of state. He faces criminal election fraud charges.

Reform law gives charters leeway to hire unlicensed teachers

Legislation that expands charter schools in Indiana also could increase the number of teachers at those schools without licenses, making it easier for educators like Eric Nentrup to take non-traditional paths to the classroom.