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Duke proposes new cap on coal-gasification plant

Duke Energy Corp. is asking state regulators to approve the company's newly drafted plan to cap at $2.72 billion the price of an Indiana coal-gasification plant it's building that's been plagued by cost overruns.

Duke Energy

Firestone renews IndyCar Series supply agreement

A week after announcing its intention to leave the IndyCar Series after the 2011 season, Nashville, Tenn.-based Bridgestone Americas announced Friday morning that its Firestone brand will continue to serve as the sole tire supplier to IndyCar through the 2013 race season.

Huge tsunami kills hundreds in Japan

The biggest earthquake on record to hit Japan rocked its northeast coast on Friday, triggering a 10-meter tsunami that killed hundreds of people. As many as 300 bodies were found in the coastal city of Sendai, media said. The extent of the destruction along a lengthy stretch of coastline suggested the death toll could rise significantly. The magnitude-8.9 quake sparked at least 80 fires in cities and towns along the coast, Kyodo news agency said. A ship carrying 100 people was swept away. One train derailed and another is unaccounted for.
 

Student accused of exposing himself

A Lawrence Township student was accused of exposing himself to two female students on a school bus Thursday. The alleged incident happened on one of Fall Creek Valley Middle School's buses. According to the school's vice principal, the male student exposed himself while making inappropriate sexual comments. Several students reportedly witnessed the event. The school plans to review video from the bus.
 

ISTEP leak affects 83,000 tests

A western Indiana school district has suspended a teacher who may have leaked part of the state’s ISTEP-plus exam, prompting the state to scrap the question and the writing scores for 83,000 eighth-graders. Clay Community School Board approved a half-day suspension with pay Thursday for a teacher accused of helping spread the essay question. The suspension comes amid a statewide effort to discipline teachers who deliberately circulated what they believed was a politically-motivated test essay through e-mails and on Facebook.

NFL, players face expiration of labor contract

With the NFL on the brink of its first work stoppage in nearly a quarter of a century, Commissioner Roger Goodell and union head DeMaurice Smith met at a federal mediator's office Friday, the day the league's twice-extended labor contract was set to expire.

Local home sales continue downward slide

Home-sale agreements in the nine-county Indianapolis area fell 16.7 percent in February compared to the same month in 2010, marking 10 straight months of declining sales.

Retail sales up 1 percent in February

Shoppers snapped up new cars, clothing and electronics gadgets in February, pushing retail sales up for the eighth straight month.

Whatever became of the cool cop car?

The wheels of government turn slowly, a Carbon Motors exec explains. Meanwhile, the company has nearly stopped giving media interviews.

$8 million estate to benefit 13 local groups

Local attorney Lawrence Reuben has chosen two fledgling organizations—the Immigrant Welcome Center and Grameen Bank of Indiana—for the largest of $8 million in gifts from his mother’s estate.

Retail chain Family Leisure finding new identity

Recreational product superstore Family Leisure changed its name from Watson’s two years ago, but it could take years before the company led by Kevin Prefontaine builds the kind of brand equity tied up in the old name.