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Man calls 911 after stabbing ‘friend’

Indianapolis police are investigating a homicide on the northeast side of Indianapolis. Police received
a 911 call Tuesday
morning from the suspect, who confessed to stabbing a “friend” several times, said investigators. The unnamed
suspect was cooperative at the scene near 82nd Street and Hague Road as he met officers covered in blood and handed over his
knife.

Police make arrest in jeweler’s death

Indianapolis police have arrested a man they say killed a Fountain Square jeweler. David Pedigo, 55, was shot to death last
Friday inside the safe area of his store. Michael Inman, 34, was taken into custody Saturday after police traced a fingerprint
left during a similar robbery earlier in the month at a Cirilla's store at 86th Street and Michigan Road. Police say when
they took Inman into custody, he had jewelry from Pedigo Jewelry in his pocket. A gun he tried to toss matched the one used
in Pedigo's murder. Fox59 will have more at 4 p.m.

Butler’s lofty goals may require jump to bigger conference

The idea of Butler University joining the Big Ten once seemed laughable. But so did coming within a basket of beating Duke
for the NCAA hoops title. Finances and desire for growth could force the Bulldogs to consider leaping from the Horizon League.

Cook promises Old Centrum work will be done by year-end

Philanthropist Bill Cook will manage a $7 million restoration of the former Old Centrum building at
12th Street
and Central Avenue in Indianapolis, and the newly renamed Indiana Landmarks will move its headquarters there.

Fair Finance trustee sues Dan Laikin for $19M

The suit against Laikin, a longtime friend of Fair Finance CEO Tim Durham, is the first major legal move to untangle the morass
of related-party loans that propelled the company into insolvency.

Colts win Super Bowl; city loses bid to host

Despite a mammoth effort by city leaders, which included raising $25 million from the corporate community, Indianapolis lost
to Dallas the right to host the 2011 Super Bowl.

WellPoint, UnitedHealth, grapple with medical-cost mandate

A U.S. mandate forcing insurers led by UnitedHealth Group Inc. and WellPoint Inc. to spend 85 percent of revenue from premiums
on medical care is the newest front in the battle between the Obama administration and companies over industry profits.

Indiana Design Center lines up tenants

The $25 million project, which is the cornerstone of Carmel’s Arts & Design District, has signed 11 interior design-related tenants
and a restaurant.

Feltman takes over

In 2007, Nathan Feltman became Indiana's secretary of commerce, replacing his mentor, IBJ Media Corp. co-owner Michael
Maurer. It was a smooth transition.

Construction

Boyle Construction Management Inc. has been awarded the general construction contract for the build-out of an 8,000-square-foot office for Kaplan College at 9000 Keystone Crossing. The project, by Packard Design, is scheduled to be completed in June.

People

Dan Nichols has joined the Greenwood office of Century21Scheetz.

Housing

On a seasonally adjusted basis, the pace of mortgage loan activity decreased 11 percent for the week ended April 2, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.31 percent from 5.04 percent the previous week.  The rate for 15-year mortgages increased to 4.54 percent from 4.34 percent.