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White House hails economic gains, foretells slow recovery
Buoyed by good news on the jobs front, the White House claimed credit Sunday for reversing the downward economic spiral while
bracing out-of-work Americans for a slow recovery.
Butler does it, again, and will play for title
Indiana and Purdue may be the state's traditional basketball powerhouses, but it's little Butler—enrollment 4,200—that's big time now. Butler is writing a Hollywood hoops script, a sequel to "Hoosiers."
Price of scrap metals surge upward
After plummeting along with the rest of the economy, the price of scrap metals is surging upward.
Purdue signs Painter through 2016-17 season
Purdue announced Friday that the new contract gives Matt Painter a $1.3 million base salary, plus up to $1 million of incentives
for academic, athletic and attendance performance.
Indy Parks gets to root of Monon problem
A portion of the Monon Trail will close for a week beginning on or after April 5 for repairs to uneven pavement caused by
unruly root development. The 140-foot section is located north of 86th Street and south of 91st Street; a detour route will
be available to the west. Indy Parks’ 2009 Capital Improvement Budget is funding the $14,800 cost of the project.
Missing man found dead in pond
A man who told his wife in a phone call that he was lost and confused has been found dead in an Indianapolis retention pond.
Police say divers found 67-year-old Tony Perkins of Indianapolis inside his vehicle on Thursday when they searched the pond
near Fall Creek Parkway North Drive and North Emerson Avenue. Perkins’ wife, Valerie, said that her husband had called
her Tuesday night and sounded disoriented. “Next thing I know, I heard a thump and then I didn't hear anything and
then the phone went dead,” Perkins said.
Ammonia gas-leak suspects held
Police have arrested two men suspected of causing a dangerous ammonia gas leak that forced hundreds of people from their Taylorsville
homes on Tuesday. Russell Rossman, 34, of Edinburgh and Kevin Edwards, 37, of Columbus were being held without bond Thursday
in the Bartholomew County Jail on preliminary charges of attempted theft. Authorities believe the men tried to steal anhydrous
ammonia from a tank at a farm north of Columbus early Tuesday, causing a leak that triggered the evacuation of hundreds of
people from their homes. Fox59 will have more at 4 p.m.
Two more victories = $10M in Butler merchandise sales
Butler University is bracing for a siege of publicity this weekend. The school's Web sites have been bolstered and retail
shelves are being stocked. Already more than $1.7 million in Butler merchandise has been sold.
NCAA, city still hammering out long-term deal
The NCAA and city put together a deal to cover insurance and liability issues for this year’s Final Four, but are still finalizing
an agreement that assures the event comes back regularly through 2039.
Lawyers in concrete price-fixing case awarded $18M in fees
Federal judge disagrees with Duke Realty Corp. and sides with attorneys representing plaintiffs in class-action suit.
Local ballet company folds
A professional ballet company that formed in the wake of Ballet Internationale's collapse has closed its own doors.
State releases $500,000 for recycling program
Indiana had suspended the fund for the Indiana Recycling Market Development Program last year. And last June, it shifted $11
million from the fund that finances loan and grant programs to attract recycling businesses to Indiana to the state's
main checking account.
Hillenbrand closes $435M K-Tron International purchase
K-Tron will become a unit of the Batesville company. K-Tron shareholders received about $150 per share in cash for their common
stock in the deal, which was announced in January.
License lapse led to uninspected amusement ride
The Xscape indoor amusement center in Indianapolis let its license expire in December, which state officials weren’t aware
of until last week’s accident that critically injured a 5-year-old.
NCAA outlines how 96-team tourney could work
The NCAA appears to be on the verge of expanding the men’s basketball tournament to 96 teams.
Some up-and-coming angel investors
Dozens of people in the Indianapolis area have the potential and the interest to become angel investors in the next few years.
