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UPDATE: KAR Auction IPO raises less than hoped

The Carmel-based auctioneer had expected to raise $340.9 million through its IPO, but the company said it would sell 25 million common shares at $12 each for total proceeds of $300 million.

Manhunt over for accused wedding-day killer

A nationwide manhunt for an accused murderer is over. In Nevada, police have apprehended the Indiana man accused of killing
his fianc�©e on their wedding day. Steven Farrell allegedly shot and killed Christine Craig on Nov. 27 as she sat in her car
with her daughter and has been on the run ever since, according to police. Family members say Farrell was verbally and mentally
abusive. State police are still investigating the murder; anyone with information on Farrell’s activities in the last two
weeks is urged to call Lafayette’s state police post.

Deputy facing drunk-driving charges

A Henry County sheriff’s deputy now faces charges for driving while intoxicated, after he crashed his truck into a New Castle
home. Wally Trevino was off duty when the crash occurred in September. According to the police report, he had a blood-alcohol
level of .2 percent. That’s more than double the legal level of .08 percent. He’s been suspended with pay since the accident.
Trevino was convicted of driving drunk in 1996. Fox59 will have more at 4 p.m.

Jobless claims rise unexpectedly

The number of newly laid-off workers seeking jobless benefits rose more than expected last week, after falling for five straight
weeks.

Whiskey is flowing at baseball winter meetings

There’s more than free shots of whiskey at the annual winter baseball meetings held this week at the Indiana Convention Center.
There’s a song and dance man wearing nerd glasses and another who does amazing things with a saw and sander.

Overrun with Chihuahuas

The Bay Area has zillions of the tiny dogs. But Indianapolis isn’t part of the airlift strategy.

Movies of the year

Tonight, the Indiana Film Journalists Association votes for Best Film, Best Actor/Actress, etc. What would you pick?

Lilly launching new venture capital fund

The fund would acquire experimental drugs and use Lilly R&D staff to try to prove their effectiveness, perhaps boosting Lilly’s drug pipeline.

Parks Foundation gets $7.3M Lilly Endowment grant

Lilly Endowment Inc. has awarded the Indianapolis Parks Foundation a $7.3 million grant to fund improvements that include
a new pool at Bethel Park on the near-southeast side.

PEARCE: More companies are focusing on consumers with poor credit ratings

The hardest-hitting recession in 75 years has left as many as 70 percent of consumers (many newly credit-challenged) with battered credit scores. However, retailers who approach these customers with sensitivity and integrity can find great opportunity both for themselves and the customers they help get on the road to recovery. It has been our experience […]