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Senator: For-profit colleges require tougher oversight

For-profit colleges like ITT Technical Institutes need tougher oversight and regulation, according to a report from a Democratic
Senate committee chairman that questions the industry’s advertising spending, tuition costs and reliance on taxpayer
money.

Potterhill Homes enters Indianapolis market

A Cincinnati-based homebuilder’s expansion into Indianapolis marks the second time in six months a builder from the
Queen City has carved out space in the metropolitan area.

OneAmerica to acquire McCready and Keene

McCready and Keene Inc. is the fifth-largest employee benefits firm in the Indianapolis area. It employs 95 people nationally, 82 of them in Indianapolis, according to IBJ research.

Demolition to make way for U.S. 31 project

State highway officials expect about 150 houses or businesses will have to be demolished as a new 20-mile stretch of U.S.
31 is built in northern Indiana.

Train strikes, kills man sitting on tracks

Authorities say a train struck and killed a man who was sitting on the tracks near the 7800 block of Brookville Road about
2 p.m. Tuesday. Indianapolis police said in a statement that officers and officials from CSX are investigating the incident.
According to police, 42-year-old Anthony Cummings of Indianapolis was sitting on the tracks and did not appear to be aware
of the approaching train. The train's engineer saw him and tried to stop while sounding the train's horn, police said.
Cummings was killed instantly.

New child-support law targets state aid

Indiana families receiving welfare could risk losing their benefits if they don't cooperate with prosecutors trying to
collect child support. The provision—which allows the state to cancel Temporary Assistance for Needy Families benefits
for people who fail to cooperate with prosecutors—is part of an overhaul in child-support laws that takes effect July
1. Another part of the law requires casinos to withhold winnings from parents who are behind on their child-support payments.

Teenager drowns in closed park pool

Indianapolis police say a 13-year-old boy drowned Tuesday night while swimming with friends at a closed city park pool. Police
say the boy, Timothy Bray of Indianapolis, was one of three teenagers who jumped over a fence at Douglass Park. Police say
Bray was in the deep end of the pool when he went under the water and didn't surface. By the time rescue workers reached
him, he had been under water at least 30 minutes. Fox59 will have more at 4 p.m.

Clarification:

Fusion Alliance did not receive a tax abatement as a result of an expansion it announced in January 2008 but later called
off. According to the Indiana Economic Development Corp., the firm received $70,627 in training grants, all tied to existing
jobs. IBJ reported on the company's new expansion plan, which would add 107 jobs by 2014, in Tuesday's IBJ Daily.