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Indianapolis Executive Airport in Zionsville will reopen its main runway Saturday after a $4.3 million resurfacing project paid for with federal stimulus funds, the airport announced today. It’s the first U.S. airport to benefit from stimulus money, said officials from Montgomery Aviation, which runs the airport. Resurfacing of the 5,300-foot runway resulted in a 45-day […]

U.S. investors are joining traders overseas in worrying that a three-month surge in stocks might be overdone, sending major indexes down more than 2 percent this morning. Stocks fell on Wall Street after heavy selling in Europe and Asia. Investors are concerned about a weaker-than-expected manufacturing index and a stronger dollar pushing down oil prices […]

Democrats who control the Indiana House are considering changes to their proposed one-year state budget proposal. The House Ways and Means Committee planned to consider amendments to the bill today, and then possibly vote to send the measure to the full House for consideration. The one-year plan would increase spending on schools by an average […]

Peyton Manning announced a new initiative this morning aimed at fighting childhood obesity. The Indianapolis Colts quarterback and officials from the Peyton Manning Children’s Hospital at St. Vincent will launch a Hoosier school health and wellness campaign. Project 18, named after Manning’s jersey number, will focus on risky health behaviors in third- through fifth-grade students. […]

Germany-based VAT-Getriebetechnik, a manufacturer of wind turbines and renewable energy-powered lighting systems, announced Friday that it will locate its U.S. headquarters in Muncie. The company plans to create more than 120 new jobs by 2011 and invest $3.3 million in its facility at the city’s Park One Business Park. It will begin hiring engineers, service […]

Indianapolis Executive Airport in Zionsville will reopen its main runway Saturday after a $4.3 million resurfacing project paid for with federal stimulus funds, the airport announced today. It’s the first U.S. airport to benefit from stimulus money, said officials from Montgomery Aviation, which runs the airport. Resurfacing of the 5,300-foot runway resulted in a 45-day […]

Investigators are trying to determine what led to the death of a local man found in a creek on the north side of Indianapolis. A group of children discovered the body of Antonio Toledo, 39, yesterday near the Creekwood Apartments between Michigan and Ditch roads. Toledo lived a few blocks from the creek and was […]

Friends and family will gather this afternoon to remember Jeremiah Miller, 10, who was killed last Thursday by lightning while camping at Mike’s Southport Fishing Lakes. Jeremiah was struck as he ran for shelter. Funeral services will begin at 1 p.m. at Bell Mortuary and Crematory, 2310 W. Washington St.

Indianapolis-based Arcadia Resources Inc. has sold its Jascorp retail pharmacy-management software division for $2.2 million in cash, the company announced today. Jascorp provides dispensing and billing software to pharmacies in 39 states and Puerto Rico. Arcadia acquired the Milwaukee-based business in July 2007 for $2.05 million in cash and stock. Arcadia did not name the […]