Indiana’s smelly news
If it isn’t huge methane bubbles in manure pits, its drug suspects actually hiding in the stuff.
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Indiana budget chief orders another 5 percent in cuts
State revenues are $867 million, or 9.4 percent, less than forecast through the first nine months of the current fiscal year.
NCAA to expand March Madness from 65 to 68 teams
The three-team expansion is much more modest than 80-team and 96-team proposals the NCAA outlined just a few weeks ago at
the Final Four.
Colts hosting draft day party
The Indianapolis Colts will host an NFL Draft party Thursday night at 7 at the Blue Crew Sports Grill on East 96th Street.
Fans will be able to get autographs from current Colts players and cheerleaders. The Colts have the 31st pick.
Firefighter injured in Brownsburg blaze
Fire crews spent more than an hour this morning putting out a fire at a Brownsburg apartment complex. Several apartment units
were damaged as flames spread from one roof to another on Windhaven Court at the Brownsburg Crossing Apartments. Flames and
smoke could be seen for miles, according to witnesses. One firefighter suffered minor injuries.
Police capture armed CVS robbers
Police in Plainfield confirm that two men have been taken into custody following an armed robbery at a CVS store Thursday
morning. According to police, suspect Mitchell Casad, wearing a ski mask, entered the CVS at 1700 E. Main Street at about
5 a.m. He forced a female employee to the back of the store, where he stole OxyContin and other painkillers before fleeing
in a car driven by Nate Owens, police said. The men, both from the Bloomington area, eventually abandoned the car and fled
on foot, but were apprehended in a wooded area north of the CVS at about 8:30 a.m. Fox59 will have more at 4 p.m.
NCAA signs new TV deal despite financial losses
CBS informed NCAA it lost money on the broadcast of March Madness this year. Even so, CBS and Turner this morning agreed to
a 14-year, multi-billion dollar deal to broadcast the men's hoops tournament.
Indiana schools to exit Race to the Top competition
State will bow out of the $4.35 billion federal competition after a highly public feud between public schools chief Tony Bennett
and the state’s teachers unions.
After the Super Bowl in Indy
What to do for an encore? Civic leaders are already asking the question.
Season’s teasings: News from the Opera, ISO and more
IO’s “Mikado” and Cleveland Symphony’s IU visit rescheduled.
Local firm’s Carolina development slides into bankruptcy
Owner of Flaherty & Collins’ apartment complex in Raleigh seeks to reorganize debts related to a $24.8 million loan. It’s
the second Flaherty & Collins project in North Carolina to fall into bankruptcy in six months.
PNC Financial’s quarterly profit falls on bailout repayment
PNC Bank has about 80 bank branches and 1,100 employees in the Indianapolis area, all doing business under the National City
name.
IDEM chief choking on EPA’s new ozone proposal
Cost of proposed EPA ozone limit would far outweigh any potential health benefits, Indiana Department of Environmental Management
commissioner says.
ITT Educational posts first-quarter profit, raises forecast
The Carmel-based operator of for-profit colleges pulled in profits of $85.7 million, or $2.46 per share, up nearly 44 percent
from the same quarter a year ago.
Simon adds $1.1B to General Growth proposal
Simon Property Group Inc. added four backers to its proposal to help rival mall owner General Growth Properties Inc. emerge
from bankruptcy, increasing the plan’s total investment by $1.1 billion.
Tipton County works on deal to fill empty Getrag factory
A central Indiana county is nearing approval of more than $13 million in incentives in hopes of attracting a company to take
over a sprawling factory that a Chrysler supplier stopped building in 2008.
Indianapolis gets $10 million for clean energy
The grant announced Wednesday is part of $452 million in stimulus funding nationwide for projects meant to make buildings
more energy efficient.
Report: Indiana far short of funding teacher pensions
Indiana is among the nation’s five most underfunded teacher pension programs, but low ranking is misleading.
