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For the first time in almost five decades a wingless race car may be returning to the Indianapolis Motor Speedway as the Indy
Racing League seriously ponders bold, new changes to its chassis formula for 2012.
Police are searching for a scam artist who pretends to be a city utility inspector. So far, the thief has targeted older women
in locations including Clinton County north of Indianapolis, Cicero, Zionsville and Speedway. Investigators say the scammer
gets the victims to go behind their homes with him, instructs them to wait outside, then goes inside and steals valuables.
Businesses unexpectedly increased their inventories in October, halting a slide of 13 consecutive declines. The small gain,
along with a fifth straight increase in sales, raised hopes that businesses will begin restocking their depleted shelves,
helping support the economic recovery.
Police are investigating an apparent murder-suicide that happened Thursday night at the John Marr Apartments on the north
side of Indianapolis. A man and woman died of gunshot wounds. Names were not disclosed. Police are awaiting the coroner’s
findings before releasing further details. Fox 59 will have more at 4 p.m.
For the first time in nearly five decades, a wingless car could circle the famed Indianapolis Motor Speedway. The Indy Racing League is studying a radical new chassis design for 2012.
Carmel firm using $12 million in venture capital for buying spree is now nation’s second-largest operator of sleep centers.
“Kirkus Reviews,” one of the leading sources of book criticism, has folded. Why you should care.
Wall Street analysts have described the potential sale of Chicago-based General Growth Properties as a “once-in-a-lifetime
opportunity” for a company to make “the deal of the decade” in the shopping-mall business.
David Lawrence, who has been acting president at Arts Council of Indianapolis since July, continues the task of leading an organization that has seen its
funding fall dramatically in the past year.
The government’s report came as a surprise because the nation’s retailers have been reporting generally lackluster results
for the start of the holiday shopping season.
Steel Dynamics Inc., the nation’s fifth-largest producer of carbon steel products, said Thursday it expects fourth-quarter
earnings to decline from third-quarter levels due to lower shipments and weaker profit margins at its metal recycling operations.
The project will nearly double the convention center’s size and put Indianapolis 16th among U.S. cities in convention space.
With the move, IBE hopes to rejuvenate the annual football game and related events, which have been suffering from declining attendance.
The NCAA might expand its annual men’s tournament from the current three-week, 65-team format
to one featuring an added week and a whopping 96 teams. Proponents of the plan say it will generate a bigger
television rights-fee deal for the not-for-profit NCAA, which disperses 95 percent of the income to member institutions.
Talk of expanding the NCAA tournament is almost always done in public, most notably by Syracuse coach Jim Boeheim in 2006.
Now, the Indianapolis-based NCAA is looking into it behind closed doors—at least preliminarily.
The Eli Lilly and Co. Foundation has given Indiana University $1 million to start a school of public health at Indiana University-Purdue
University Indianapolis.
A group of mayors led by Tom Henry of Fort Wayne and Greg Ballard of Indianapolis is seeking new sources of revenue to replace
the millions they’ll lose because of property tax caps.
The plan to nationalize the federal student loan program threatens to force Sallie Mae
to hack its network of 26 offices down to five. Yet the company’s Indiana operations have several advantages that could
help weather the cuts.
After more than a century in business, Indianapolis-based Stout’s Footwear Co. isn’t just
surviving. It also is proceeding with plans to open
a store next year on the city’s north side.
