Vera Bradley shares off to impressive start
Stock in the Fort Wayne-based company began trading Thursday morning at $16 but climbed as high as $23.90.
To refine your search through our archives use our Advanced Search
Stock in the Fort Wayne-based company began trading Thursday morning at $16 but climbed as high as $23.90.
An Indianapolis police officer is out of a job after the police merit board voted 4-1 this week to fire him for using excessive force during an arrest. Witnesses say Officer Nhat Nguygen choked a suspect he was trying to arrest during a domestic dispute in May. The merit board followed the recommendation of Chief Paul Ciesielski, who agreed Nguygen did use excessive force.
Metro police are investigating an armed robbery of a northeast-side gas station. Authorities received a hold up alarm about 3:15 a.m. Thursday from inside the Speedway gas station near 71st Street and Binford Boulevard. The clerk described the suspect to police as a black male, about 5 feet tall, dressed in all black, wearing a black bandana around his face and carrying a black semi-automatic hand gun. The suspect got away with an unknown amount of money and was last seen running toward Avalon Lakes Apartments across 71st Street.
Toyota is recalling 1.53 million cars and SUVs, including about 740,000 in the United States, for brake fluid and fuel pump problems. The majority of the vehicles have a problem with the brake master cylinder, which could lead to weaker braking power, said spokesman Paul Nolasco in Tokyo. He said no accidents have been reported. The models affected by the latest recall include the 2005 and 2006 Avalon, 2004 through 2006 non-hybrid Highlander and Lexus RX330, and 2006 Lexus GS300, IS250 and IS350 vehicles, the company said in a news release. Over the past year, the automaker has recalled more than 10 million cars and trucks worldwide for a variety of problems, dealing a major blow to its reputation for quality.
Two private watchdog groups have asked the new U.S. attorney in Indianapolis to investigate an ethics flap that has embroiled the Indiana Utility Regulatory Commission and Duke Energy.
The Indiana University School of Physical Education and Tourism Management at IUPUI will begin accepting students for the program next fall. The chairman of the school says the new degree fits well with Indianapolis’ mission to be a convention destination.
The division purchased by Home Health Depot markets and sells home health related items via mail and online. Terms of the deal were not disclosed.
ITT Educational Services Inc.’s third-quarter profit of $93.2 million handily beat the expectations of Wall Street analysts, but the company suffered its first decline in new-student enrollment since the recession began.
The Indianapolis-based drugmaker reported a profit of $1.3 billion in the quarter ended Sept. 30, up 38 percent compared with last year. Excluding extraordinary items from a year ago, Lilly’s profit was up 2 percent.
Former USA Track and Field CEO Doug Logan filed a wrongful termination lawsuit against the governing body Wednesday, seeking payment after suddenly being fired last month following a 26-month tenure.
Eli Lilly and Co. and its development partner said an experimental diabetes treatment failed to help patients in a late-stage study, the second setback for a Lilly diabetes drug candidate in two days.
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
The real estate bust and a drought in transactions make values all but impossible to gauge.
Barnes & Thornburg of Indianapolis was hired despite several conflicts of interest arising from the fact that it also represents former IBM partners involved in the welfare deal.
Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest more than $13.8 million to purchase and equip a plant in Peru, which would be the company’s first location in the United States.
Indiana will benefit from a $25.2 million environmental trust established to clean up and redevelop eight former General Motors plants throughout the state, officials said Wednesday.
A man is in custody after he led state and local police on a high-speed chase overnight. Indiana State Police say the suspect sped off after they tried to pull him over for speeding on Interstate 465. The chase ended on the lawn of a home near 42nd Street and Edmondson Avenue on the northeast side about 1 a.m. Police said the man is a suspect in multiple robberies around Indianapolis.
Fishers police are investigating two armed robberies that happened within minutes of each other Tuesday night. The first happened shortly before 10 p.m. at the Crystal Flash gas station in the 11500 block of Allisonville Road, where a man in all-black clothing got away with an undisclosed amount of cash. Two minutes later, police received word that the O’Reilly Auto Parts store just two blocks south of the Crystal Flash also had been robbed at gunpoint. The description of the suspect in both robberies matched.
Indianapolis Colts punter Pat McAfee was arrested early Wednesday morning in Broad Ripple for public intoxication after taking a dip in the Central Canal. Following a complaint, police found McAfee, 23, sitting on the corner of Broad Ripple and College avenues with no shirt on, smelling of alcohol and soaking wet. His blood alcohol level was tested at 0.15, nearly twice the legal limit. The Colts said they were aware of the arrest and looking into the matter before taking any action.