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Teen in custody after school shooting

A teenage boy was shot at a central Indiana middle school shortly before classes began Friday and a fellow student is in custody, state police said. The victim and a 15-year-old suspect are both students at Martinsville West Middle School, where the shooting took place. The victim was airlifted to Methodist Hospital about 30 miles away in Indianapolis and is “assumed to be in serious condition,” police said. The suspect had been suspended or expelled from school earlier in the week.
 

Sluggish demand for electric car forces layoffs at Ener1

Battery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.

State unemployment rate drops to 8.8 percent

The February decline marks the first time the state’s jobless rate has been below 9 percent since December 2008. Still, the state lost 1,600 private-sector jobs and 6,300 government jobs in February.

Brightpoint settles lawsuit with vendor

The distributor of wireless phones agreed to drop its complaint, which accused a Massachusetts software provider of fraud and negligence in addition to breaching its agreement and warranty.

Toning-shoe trend fading, but doesn’t trip up Finish Line

The toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.

Deputy prosecutor suggested fake attack on Wisconsin gov.

Johnson County Prosecutor Brad Cooper said one of his deputies resigned Thursday after admitting he sent an email to Wisconsin Gov. Scott Walker suggesting the Republican fake an attack on himself to discredit the public employee unions protesting his plan to strip them of nearly all collective bargaining rights.

Demographic shift steers Lilly’s Asian operations

China remains a small market for Eli Lilly and Co. It generated $320 million in sales for the company in 2010, just 1.3 percent of its $23 billion in sales worldwide. But Lilly has big ambitions in China and is racing to capitalize on its rapid economic growth.

Cummins’ early start revs growth in China

Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.

SPECIAL REPORT: Indiana companies charge into China

With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.

IU Health cancels $73M project, acquires Gateway Plaza

Indiana University Health has canceled its plans for a $73 million administrative office building at 16th Street and Capitol Avenue and has instead purchased the Gateway Plaza tower at 10th and Illinois streets.

Hospitals’ finances improve somewhat in 2010

It was a good but not great year financially for three of the four largest hospital systems operating in the Indianapolis area last year—and hospital analysts are expecting several head winds to continue.

Job-creation claims are hot potato

The city’s decade-record number of job commitments in 2010 could be the most frequently discussed figure in the run-up to this fall’s mayoral election, but the number of commitments is difficult to verify.

EDITORIAL: Let’s abandon immigration bill

Lawmakers should take notice when broad swaths of society increasingly register opposition to pending legislation, and the immigration reform bill before the General Assembly is one such example.