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Masked men hold up car wash

A south-side Indianapolis car wash was robbed at gunpoint by two masked men early Wednesday morning.  Employees at Mike's Express Carwash at 3501 S. East St. told police the men entered the business about 6 a.m., showed guns, demanded money, then fled eastbound on foot. Police are reviewing surveillance video.

Beech Grove gets new mayor

Terry Dilk, a 20-year resident of Beech Grove, was sworn in as the city’s new mayor Tuesday. Dilk replaces Donald “Joe” Wright, who shocked city council members when he announced his resignation Jan. 3 with a year still left in his term. Dilk was selected to replace Wright by a caucus of precinct committee members. Beech Grove is a city of about 15,000 people in southeast Marion County.

Wounded officer dies in hospital

Indianapolis police officer David Moore, who suffered numerous gunshot wounds during a traffic stop Sunday, died this morning at Wishard Hospital after being taken off life support. Moore, a Roncalli High School and Purdue University graduate, was 29. A suspect in the shooting, Thomas Hardy, 60, is being held at Marion County Jail on possible robbery charges, but hasn’t been charged in Moore’s death. Moore, a former department rookie of the year, is the first Indianapolis police officer killed in the line of duty since 2004.

Scholarship bill raises questions about minors on campus

As Indiana lawmakers ponder a bill that would give high school students an incentive to graduate early, state university leaders are bracing for the possible impact—an influx of minors onto their campuses.

Emmis still facing NASDAQ-delisting danger

After an eight-day trading stretch in which its shares traded above $1 each, Emmis stock fell to 97 cents on Tuesday, below an important NASDAQ exchange threshhold.

Cat Logistics to lay off 84 in Greenfield

Caterpillar Logistics Inc. plans to permanently lay off 84 employees from a facility in Greenfield, where it handles distribution services for Irwin Industrial Tools.

WellPoint profit better than analyst estimates

Excluding special charges, WellPoint’s profit fell 2 percent to $524.7 million in the fourth quarter from $536 million in the fourth quarter of 2009. But earnings per share improved thanks to stock buybacks.

Cummins sells exhaust business to Global Tube

Cummins Inc. will sell its exhaust business, which includes several plants in Wisconsin, to Global Tube, a portfolio company of the Chicago-based private equity firm Wind Point Partners.

State senator: Should Indiana legalize marijuana?

Sen. Karen Tallian, D- Portage, is sponsoring a bill that would direct the criminal law and sentencing study committee to examine Indiana's marijuana laws next summer and come up with recommendations.

Lilly product gets boost; Wall Street yawns

Eli Lilly and Co. probably will get approval for its newly acquired imaging agent used to diagnose Alzheimer’s disease, but so far analysts are unimpressed.