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Local media company still discussing deal with dissident shareholders, who refused to vote Friday evening. A new date for
another shareholders meeting is to be announced
Monday.
Daniels has publicly railed against the newly approved $26 billion stimulus package, but his office said Friday that applications
had been submitted for about $200 million toward Medicaid and about $200 million for education.
A shooting on the city’s south side has put a 5-year-old boy in the hospital in critical condition. The boy was shot
in the head Thursday night just before 9 p.m. in the 1500 block of Lawton Avenue. Police arrested a man near the scene who
was covered in blood as he was handcuffed.
The Indianapolis Public Schools board voted Thursday night 5-2 to approve a $509 million budget for next school year. The
budget is about 4.5 percent larger than last year’s budget. More than $70 million is slated for capital improvement
projects, such as repairs and upgrades to current IPS buildings.
Homicide detectives are searching for suspects in an apparent shooting that left a couple in their 30s dead on the west side
of Indianapolis. The victims were found by a friend about 10:40 p.m. Thursday in their home at the corner of 31st and Harding
streets. Family members at the scene said the man and woman had a 3-year-old daughter and were engaged to be married. The
sister of the male victim said police told her 18 gunshots had been fired in the home and there had been forced entry. Fox59
will have more at 4 p.m.
First-of-its-kind event in Indianapolis showcases what’s known as the slow food movement, which promotes the benefits of producing
plants, seeds and livestock for local consumption.
The 25,000-square-foot mansion once owned by Conseco Inc. founder Stephen Hilbert was listed five years
ago at $20 million—and
about half that in recent months. Now the property is being sold in a sealed-bid auction, and offers are due Friday.
This may be a golden opportunity for small-business owners to lock in a low rate to finance expansion. But make sure you understand
the loan agreement.
Capital Improvement Board president says initial $10 million payment to the Indiana Pacers is not only reason for the larger
budget. Rather, she insisted it’s largely due to $5 million in renovations slated for Conseco Fieldhouse and other CIB-operated
facilities.
Luna Gaming Central City LLC is paying $7.5 million in cash plus a $2.5 million note, less adjustments. There were no competing
bids.
Ivy Tech counted 111,452 students statewide, up about 4 percent from a year ago, but down from the nearly 120,000 students
the college had for the spring semester.
The grant provides close to $1 million a year for five years to support cooperative research activities between the Low Energy
Neutron Source facility at IU Bloomington and the National Center for Neutron Research in Maryland.
Health insurers led by WellPoint Inc. are backing Republicans with campaign donations by an 8-to-1 margin, favoring the party
that’s promised to repeal President Barack Obama’s health-care overhaul if it wins back Congress.
Strattera generated U.S. sales of $445.6 million last year, and each day that Lilly can fend off generic competition would
translate into an average $1.22 million in sales.
The company is seeing a rush of new sales for its Web-based electronic medical record system from doctors, who all stand to
receive bonus payments from the federal stimulus act for computerizing their patient records.
34 North, an apartment complex for victims of domestic abuse, opened in August at 34th and Meridian streets.
In the last 10 years, Indiana’s major research universities—Indiana and Purdue—have nearly doubled their
science-based research budgets, to a total of $895 million. Yet Indiana’s public universities still run in the middle
of the pack nationally.
Marian University pulled in a whopping $54.2 million in pledges for the fiscal year ended June 30, largely related to its
effort to launch Indiana’s first college of osteopathic medicine. The year before, the Catholic institution raised $14.4
million, an in-house record.
