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Marian University has received a $6 million pledge – the largest gift in the institution’s history – from a former trustee, the school announced today. The gift was timed to coincide with the Indianapolis-based school’s name change from Marian College to Marian University. The gift should help further the Catholic college’s plan to raise its […]
Historic swindler Bernard Madoff was sentenced to 150 years in prison today for a fraud so extensive that the judge said he needed to send a symbolic message to potential imitators and to victims who demanded harsh punishment. Scattered applause and whoops broke out in the crowded Manhattan courtroom after U.S. District Judge Denny Chin […]
A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for about $42,000 per unit, about a third less than the…
Tipton County won’t have to repay Getrag Transmission LLC a $5.5 million loan it received from the company for infrastructure improvements relating to its failed transmission plant, a judge has ruled. A U.S. Bankruptcy Court judge from the Eastern District of Michigan signed a motion Friday that lets the county off the hook, according to […]
Tipton County won’t have to repay Getrag Transmission LLC a $5.5 million loan it received from the company for infrastructure improvements relating to its failed transmission plant, a judge has ruled. A U.S. Bankruptcy Court judge from the Eastern District of Michigan signed a motion Friday that lets the county off the hook, according to […]
Police have arrested Marco Artego, 17, in connection with last week’s home break-in at Center Grove’s Golden Grove subdivision, the Johnson County Sheriff’s Department said this morning. Investigators say one of the victims was hit in the face during the armed robbery. Prosecutors plan to charge Artego as an adult. Fox 59 will have more […]
A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for more than 36 percent less than the unpaid loan balance. The local office of CB Richard Ellis is marketing the 166-unit CityView on Meridian for $6.9 million. The 1966 structure on the northeast corner of 38th and Meridian streets includes […]
Police officers and traffic officials will implement a variety of changes today as they try to improve safety on a busy highway in Hamilton County. Law enforcement patrols along U.S. 31 between Carmel and Westfield will identify drivers who speed, follow too closely or drive aggressively. Other efforts include lower speed limits in some areas, […]
University Loft Co. has agreed to pay the federal government $400,000 following an investigation by the U.S. Justice Department alleging the Greenfield-based company violated trade agreements. The Justice Department said Friday that a settlement with University Loft resolves allegations that the company knowingly sold Malaysian-made furniture to government agencies, which violates the Trade Agreements Act. […]
University Loft Co. has agreed to pay the federal government $400,000 following an investigation by the U.S. Justice Department alleging the Greenfield-based company violated trade agreements. The Justice Department said Friday that a settlement with University Loft resolves allegations that the company knowingly sold Malaysian-made furniture to government agencies, which violates the Trade Agreements Act. […]
Lawmakers who are trying to beat tomorrow’s deadline for a new state budget will also determine the fate of a tax credit for movies made in Indiana. The House version contains the 15-percent tax credit – which has been debated for two years – but the Senate version does not. Makers of a movie about […]
The U.S. Supreme Court has ruled that white firefighters in New Haven, Conn., were unfairly denied promotions because of their race, reversing a decision that high court nominee Sonia Sotomayor endorsed as an appeals court judge.New Haven was wrong to scrap a promotion exam because no African-Americans and only two Hispanic firefighters were likely to […]
Lawmakers who are trying to beat tomorrow’s deadline for a new state budget will also determine the fate of a tax credit for movies made in Indiana. The House version contains the 15-percent tax credit – which has been debated for two years – but the Senate version does not. Makers of a movie about […]
A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for more than 36 percent less than the unpaid loan balance. The local office of CB Richard Ellis is marketing the 166-unit CityView on Meridian for $6.9 million. The 1966 structure on the northeast corner of 38th and Meridian streets includes […]
Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme. U.S. District Judge Denny Chin handed down the sentence in New York this morning.Prior to his sentencing, Madoff apologized and said he “will live with this pain, this torment, for the rest of my life.” Before the apology, numerous victims […]
Indy Racing League officials were probably not too pleased to hear Target Chip Ganassi Racing driver Dario Franchitti telling a national television audience how “dreadful” and “awful” Saturday night’s race at Richmond was.
But…
The U.S. Supreme Court has ruled that white firefighters in New Haven, Conn., were unfairly denied promotions because of their race, reversing a decision that high court nominee Sonia Sotomayor endorsed as an appeals court judge. New Haven was wrong to scrap a promotion exam because no African-Americans and only two Hispanic firefighters were likely […]
Indiana legislative leaders are back at the Statehouse today as they seek a budget agreement before the current budget expires at the end of tomorrow. House Speaker Patrick Bauer says he and fellow Democrats may be willing to accept a two-year budget instead of the one-year spending plan they previously proposed. But Bauer said today […]
Business has won two important cases in the U.S. Supreme Court in recent days.
Today, the court ruled in favor of white firefighters in New Haven, Conn., who claimed they had been unfairly
denied promotions due to their race….
Another unfortunate outgrowth of our litigious society is the increasing tendency of insurers and policyholders
to settle claims in court.
Cummins is tussling with several insurance companies to try to recover damages from a flood a year ago that
inundated some…
