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First Indiana deals stemmed from broader probe

The insider-trading settlements announced by the Securities and Exchange Commission this week were an outgrowth of a broader
inquiry into trading in First Indiana Corp. by dozens of people before its sale two years ago, according to a former director
of the bank.

Locals settle First Indiana insider-trading case

The Securities and Exchange Commission said today that it has settled insider-trading charges against three local residents
who bought shares in First Indiana Corp. immediately before the July 9, 2007, announcement that it was being acquired by a
Milwaukee bank for a 42-percent premium.

EPA proposes $1.1M settlement with Vertellus

Chemical-maker Vertellus Specialties Inc. will spend up to $1.1 million and change air-emission monitoring practices at its
plant on the southwest side of Indianapolis under a proposed settlement with the U.S. Environmental Protection Agency.

Star union approves new 2-year contract

The Indianapolis Newspaper Guild voted 56-45 today to ratify a new, two-year contract with the Gannett Co.-owned Indianapolis
Star
that includes a 10-percent pay cut and two-year wage freeze.

Star union voting on new contract

The Indianapolis Newspaper Guild plans to vote this afternoon on a new, two-year contract with the Gannett Co.-owned Indianapolis
Star that includes a 10-percent pay cut and two-year wage freeze.

Cummins moving some operations to Mexico

A filtration division of Columbus-based Cummins Inc. will move a large portion of its North American assembly operations to
a plant in Mexico to keep the business competitive, the company said today.

Image size testing

Some things need to be repeated over and over again. Repetition is required when a concept is hard to grasp or when narrow interests are allowed to override the public interest. Interstate 69 from Indianapolis to Evansville is not intended to connect only Indianapolis and Evansville. The I-69 extension was designed to provide significantly improved […]

Economy pushes executives into small firms

In the recession, folks with former big-company careers
are increasingly taking jobs with small businesses. For some downsized executives, it’s about the desperate need for
a paycheck. Others, who felt impotent and pigeonholed in corporations, discover they prefer the challenge of entrepreneurship.

Green light for local IPOs?

If nothing else, you have to admire the patience shown by ExactTarget and Aprimo, two of the area’s hottest tech companies,
as they await better conditions to launch their initial public offerings.

State education officials urge greater emphasis on two-year degrees

Only one in 12 Hoosiers has an associate’s degree. That’s a big problem because nearly half of all jobs expected
to be offered in the next decade and beyond will be middle-skill jobs—which require at least some post-secondary credential,
like an associate’s degree, but not a four-year bachelor’s degree.

Fisher’s sponsors pretty in pink

You can say what you want about Sarah Fisher’s ability to drive a race car, but she continues to be one of the most savvy
marketers in the Indy Racing League. For a team owner operating on a shoe string budget, she gets more press and attention
per penny than any other driver by far.

Smoking pics, Julia Child, etc.

In England, Lynn Barber, author of the memoir “An Education,” withdrew from the Books Now festival because the event organizers
refused to print her photograph in the program. Why?

High-ranking WellPoint exec stepping down

WellPoint Inc.’s internal audit and chief compliance officer – and highest-ranking black executive – will leave the company
later this month, according to a companywide e-mail sent out yesterday.

Veolia appeals regulators’ rate-hike decision

Veolia Water Indianapolis, which manages the city’s water utility, has appealed an order issued by state utility regulators
that limited a major rate increase sought by the city.