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Arrest made in Pizza Hut shooting

Police say an anonymous tip led to the arrest of two people in connection with the robbery and shooting of a Pizza Hut employee
Tuesday night. The suspects, Dustin Avant, 22, and Karlos Ward, 21, were arrested Friday morning. They face charges of robbery
with injury and criminal confinement for the shooting at the North Michigan Road restaurant. The victim, Terry Justice, remains
in stable condition at Wishard Hospital.
 

Girl assaulted in apartment

Indianapolis police are looking for a man they say sexually assaulted an 11-year-old girl. Investigators say the girl was
attacked in her Heather Ridge apartment complex near West 34th Street and Interstate 74 by a man with a semi-automatic handgun.
Police say the girl lived in the building. She is being treated and examined at Riley Hospital.
 

Gunmen shoot McDonald’s employee

Police say a woman was shot Friday morning while making a deposit at a bank on the northeast side of Indianapolis. The shooting
happened about 9:45 in the 2800 block of North Gale Street, near a fire station. Several firefighters witnessed the incident.
Investigators think the McDonald’s employee may have been cased by the suspects. Police said she was alert when they
arrived. Fox59 will have more at 4 p.m.
 

Shareholders sue to block deal to take Emmis private

The lawsuits, filed in Marion Superior Court, say board members have breached fiduciary duties by making no recommendation
on deal that, they say, will enrich Chairman Jeff Smulyan at the expense of minority shareholders.

Renamed Conseco OK with less-flashy future

CNO Financial Group Inc., known as Conseco Inc. until May 11, has become almost the polar opposite of what it was under flashy co-founder
Steve Hilbert. Instead of high-octane growth driven by merger deals, CNO Financial has returned to profitability
by selling low-dollar products and emphasizing low-cost operations.

Records

Public records listing from the May 17, 2010, edition of IBJ.

Duke Energy downsizes smart-grid plans

Duke Energy has dramatically scaled back its proposed “smart” electric grid rollout, five months after regulators rejected
an initial, $445 million plan.

IU targets tech-transfer gap

Indiana University is showing signs that it’s finally serious about translating research into commercial product, through
grants it is awarding via its $10 million Innovate Indiana Fund and by developing a computing technology mini-campus.

Simon biding its time after failed bid for rival

Analysts predict Simon Property Group Inc. will pay off debt and wait patiently for its next opportunity after withdrawing
separate offers to either acquire General Growth Properties or finance its exit from bankruptcy. A New York judge had endorsed
a rival plan that allows General Growth to stay independent.