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Indy, state miss out on Olympic impact

Chicago will not host the 2016 Olympics. The city was eliminated from consideration in the first round of voting by members
of the International Olympic Committee today.

Brightpoint repurchases shares in settlement

Indianapolis-based Brightpoint Inc. said Friday that it has entered into a settlement agreement with NC Telecom Holding A/S
to repurchase about 3 million Brightpoint shares from the Denmark holding company. NC Telecom owned Denmark-based Dangaard
Telecom before Brightpoint, the world’s biggest wireless phone distributor, bought the cell phone distributor in August 2007.

U.S. jobless rate reaches 9.8 percent in September

The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected.
The report is evidence that the worst recession since the 1930s is still inflicting widespread pain.

DOE taking comments on teacher licensing proposals

The state Department of Education has scheduled three public hearings on a contentious proposal to revamp Indiana’s teacher
licensing requirements. State schools Superintendent Tony Bennett wants to eliminate some requirements, saying teachers spend
too much time learning teaching methods and not enough on subject matter.

Hurco president Fabris to resign

Indianapolis-based Hurco Companies Inc., a computer control and software maker, said Thursday that James D. Fabris will resign
as president and chief operating officer as of Oct. 31.

Records

Public records listing from the Oct. 5, 2009, edition.

Stock-market rebound lifts hopes of Hoosier mutual funds

The economic downturn walloped all three of the mutual funds headquartered in Indiana. But they’ve each enjoyed significant
recoveries this year. And the smallest of the bunch has big plans to break away from the pack.

American Water wants to raise rates

The Indiana Office of Utility Consumer Counselor is seeking public input on a proposed rate hike by American Water Inc.,
which has 283,000 customers in the state, including in Noblesville and Greenwood.

SEC fines former CFO of American Commercial Lines

Christopher A. Black, a former investment banker in Indianapolis and former chief financial officer of Jeffersonville-based
river barge transportation firm American Commercial Lines Inc., has agreed to pay a $25,000 fine to settle a Securities and
Exchange Commission investigation.

Overhaul of teacher training threatens college budgets

Proposed changes to teacher licensing rules are a threat in the eyes of most deans of Indiana’s colleges of education—both
to the quality
of
teacher training and to the budgets of the colleges.