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Police grill suspected cemetery vandals
Police are questioning juveniles who are accused of vandalizing a cemetery in Anderson. The young suspects are brothers, ages
9 and 11, along with a 9-year-old friend. Investigators said the kids were caught toppling headstones at Maplewood Cemetery.
Officials said roughly 40 to 50 headstones were damaged.
Murder charged filed in party shootings
The three men accused in the west-side birthday party shootings on Aug. 3 now face murder charges. Damion Martin, Devin Staten
and Antwan Williams are facing murder, attempted murder and battery charges; they learned about the new charges during a hearing
Friday morning. Eight people were shot and three killed during the rampage near 32nd and Elmira streets, which authorities
believe stemmed from another murder a couple of years ago. Fox59 will have more at 4 p.m.
Protest on Circle planned in Bisard case
A public protest is planned for 6:30 p.m. Friday on Monument Circle regarding the case of a suspected drunk police officer
involved in a fatal crash that killed one man and seriously injured two others. On Thursday, Marion County Prosecutor Carl
Brizzi announced that his office was dropping the most serious charges against IMPD Officer David Bisard, because a blood
test showing he was intoxicated wouldn’t be admissible in court. Some have questioned whether Bisard’s fellow
police officers intentionally botched the investigation into the crash.
Jernstedt’s curious exit from NCAA leads to high road
It's not clear if the 38-year NCAA veteran was fired or resigned. What is clear is that Tom Jernstedt has many supporters
and no plans to retire just yet.
Indiana, Indy stage small employment gains
Indiana’s unemployment rate increased by a sliver, to 10.2 percent, in July despite increases in jobs in many industries.
Judge rules Murat Centre can keep new name
A naming-rights lawsuit brought by The Murat Temple Association against California-based event promoter Live Nation and Evansville-based
Old National Bank has been dismissed.
Weekend bike race incorporates Circle into course
Inaugural Indy Criterium using famed landmark in race that organizers hope will become an annual event. The race begins at
9 a.m. on Saturday.
City chooses firm to oversee parking-meter operations
The city has entered into a 50-year lease agreement with Dallas-based Affiliated Computer Services Inc. The
city will receive $35 million upfront and a share of revenue to make sidewalk and street repairs. Parking meter rates are
expected
to double in some areas.
PROXY CORNER: HHGregg Inc.
Indianapolis-based HHGregg Inc.is a specialty retailer of consumer electronics and home appliances.
Indiana workplace deaths decline 14 percent
The total of 123 deaths in 2009 was the lowest since officials began issuing annual reports in 1991. A third of the deaths
involved motor vehicles; falls killed 20 workers.
More cash-strapped workers dipping into 401(k) accounts
A record number made hardship withdrawals in the second quarter, and the number of of workers who borrowed from their accounts reached a 10-year high, according to Fidelity Investments.
Marsh taken off the market
The parent company of Marsh Supermarkets plans to continue investing in the local grocery chain after it failed to find a
buyer for the chain of roughly 100 stores. Half of those are in Indianapolis.
Strategy key as arts groups launch simultaneous campaigns
A wave of fundraising pitches is about to wash over Indianapolis arts supporters. Five organizations either have announced
or are working toward the launch of major campaigns.
Smooth utility deal carries potential bonus for city
If Citizens Energy can successfully manage and mitigate over the next two years the city’s lingering legal and contractual
obligations involving the water and sewer utilities Citizens is negotiating to buy, the city can hang onto an extra $25 million
in the deal.
Popular toning shoes give big boost to The Finish Line
Despite controversy over whether they live up to their hype, so-called toning shoes—a category created from thin air
just a few years ago—are flying off store shelves nationwide and are on pace to ring up almost $1 billion in revenue
this year.
Lending overhaul could be trouble for ITT
New student-lending rules proposed by the Obama administration could wipe out as much as two-thirds of profits at Carmel-based
ITT Educational Services Inc., some analysts believe.
St. Vincent seeks growth in transplants
St. Vincent Health is moving aggressively to expand its transplant program in a direct challenge to Clarian Health’s dominance
in the field. The Indianapolis-based hospital system filed in July for permission to conduct pancreas transplants. And down
the road, it’s eyeing liver and maybe even lung transplants.
SKARBECK: Investors may miss mark by switching to bonds
It seems more likely that bond investors today are making the same mistake stock investors made back at the peak of the stock-market bubble.