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Colleges spend big, lose big on women’s basketball

Across the U.S., the most popular women’s college sport is in the red. Women’s basketball at the 53 public schools in the six largest conferences recorded operating losses last fiscal year of $109.7 million, while the men’s teams reported operating profits of $240 million.

U.S. unemployment rate falls to two-year low

The nation added 216,000 jobs last month, with private employers adding more than 200,000 jobs for a second straight month. However, a big factor in the lower jobless rate is that many people who stopped looking for jobs still aren’t looking for one.

Hinkle Fieldhouse slated for $25 million restoration

A capital campaign is under way to fund improvements to the historic arena on the campus of Butler University. Upgrades will include more seating for season-ticket holders and a new scoreboard with video capabilities.

Scientists question claims in biotech letter

The widespread Internet posting of a letter by a retired Purdue University researcher who says he has linked genetically modified corn and soybeans to crop diseases and to abortions and infertility in livestock has raised concern among scientists that the public will believe his unsupported claim is true.

Indy Met Pumas make basketball history

The Indianapolis Metropolitan High School boys’ basketball team won the Class 1-A state championship, for the first time in the team’s four-year existence.

Flexibility eases pain of principal’s departure

Carlotta Watch VideoThe abrupt departure of Indianapolis Metropolitan High School's dynamic principal, Carlotta Cooprider, had the potential to deal a major blow to the 430-student charter school. But school administrators, parents and students say the transition was mostly seamless.

Tax breaks for Rolls-Royce hinge on investment, not jobs

City officials’ fear that Rolls-Royce Corp. might pull thousands of jobs out of Indianapolis drove the negotiations that culminated last month with the company’s committing to move 2,500 of its local office employees to the south side of downtown.

Meridian Street buildings to get facelift

A not-for-profit is partnering with a locally based developer to renovate two vacant apartment buildings near Meridian and 38th streets into specialized affordable housing.