HAUKE: Federal Reserve remains on dangerous course
The debate over whether we even need a central bank—which is what the Fed is today—began shortly after the founding of our country.
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HICKS: Inflation delays visit, but it’ll arrive eventually
All economists know that, at its core, inflation is caused solely by too much money chasing too few goods.
Daniels says he’d sign statewide smoking ban
Gov. Mitch Daniels said towns and cities have shown it’s possible to enact smoking bans with significant benefits and minimal cost.
FBI investigating Durham firms for phone cramming
The FBI is asking land-line phone customers across the country to check their bills for phantom charges from more than 20 companies controlled by or connected to embattled financier Tim Durham.
Officer accused of backing into woman
A police officer accused of being verbally abusive toward a woman and hitting her with his patrol car appeared before the Indianapolis Metropolitan Police Department Board of Captains on Wednesday to determine whether he’ll be disciplined. Renee Jay Swindle said the incident occurred last summer outside a south-side auto parts store when she confronted patrolman Oliver Clothier about leaving two children unattended in his vehicle. Clothier cussed her out and backed into her when she tried to write down his license plate number, she said. The board makes disciplinary recommendations to Chief Paul Ciesielski, who’ll determine what action to take.
Court to hear mass murderer’s appeal
The Indiana Supreme Court is expected to hear an appeal case Thursday from Desmond Turner, the convicted triggerman in the Hamilton Avenue murders. Turner was convicted in November 2009 of killing four adults and three children during a home invasion and robbery in Indianapolis—the worst mass murder in the city's history. He waived his right to a jury trial to avoid the death penalty. A judge sentenced him to life in prison without parole. Turner argues the judge was wrong in admitting certain evidence and that there was insufficient evidence to sustain the convictions.
Snow forces closures, accidents
Snowy conditions in central Indiana on Thursday morning led to more than 150 closures or delays and caused more than 65 reported slide-offs or minor accidents on interstates in Marion, Hendricks and Hancock Counties. The downtown Indianapolis area received about 3 inches of snow overnight, with counties to the south receiving a little more. Light snow is expected to taper off at midday.
Ganassi locating two new race teams in Brownsburg
Izod IndyCar Series team owner will invest $3.3 million and create up to 30 jobs. Ganassi plans to begin hiring employees immediately to prepare for the start of the 2011 season.
State pushing to keep building-review wait times down
Wait times in the plan-review process for non-residential projects increased dramatically this year, creating a backlog of cases.
U.S. home construction up after two months of declines
Locally, building permits were up 17 percent in the nine-county area, from 222 in November 2009 to 259 in November 2010.
North of South project clears rezoning hurdle
The Metropolitan Development Commission agreed to rezone 14 acres of land, which houses a parking lot north of South Street between Delaware Street and Virginia Avenue downtown, to accommodate the $155 million mixed-use project.
First vehicles roll out of Indiana electric-car plant
Fifteen cars rolled out of Think North America’s Elkhart plant on Wednesday, bound for Indianapolis. The cars will be used primarily by the state Department of Natural Resources.
Pence says federal tax package won’t help create jobs
Republican Congressman Mike Pence says he won't vote for the massive tax cut package coming before the House on Thursday, because he believes it "will do little to create jobs."
Judge removes Bren Simon as trustee over late husband’s estate
A series of questionable decisions by Bren Simon in recent months appear to have paved the way for a Hamilton County judge’s order this week removing Bren as interim trustee over Simon Property Group co-founder Melvin Simon’s estate.
INSIDE DISH: Saffron Cafe surges in second year
After a $150,000 startup and skin-of-their-teeth opening in 2009, sales at downtown's Moroccan eatery have spiked as word has spread.
Economist: State recovery slow, but faster than peers
Chief regional economist Jim Diffley of IHS Global Insight says Indiana has grown faster than other manufacturing-heavy Midwestern states.
Lilly Endowment awards Purdue center $6.3M
A Purdue University-based institute that aids military families whose lives have been disrupted by a relative's deployment overseas has won a $6.3 million grant from the Lilly Endowment to boost its mission.
Daniels endorses findings of criminal code review
Sweeping changes proposed for Indiana’s criminal sentencing system won the endorsement Wednesday of Gov. Mitch Daniels, who said that if lawmakers enact the changes they would hold down the state’s ballooning prison population and save taxpayer money.