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Faucet maker Delta changes presidents

Carmel-based Delta Faucet Co. has a new president after a pair of promotions by parent company Masco Corp., the companies announced.

Expert testifies NCAA scholarship caps hurt competition

The National Collegiate Athletic Association stifles competition among schools for players by capping scholarships, a Stanford University professor said Tuesday at a trial in which athletes are seeking a cut of the billions of dollars generated by college sports.

IPS says outside audits confirm budget surplus

Two outside financial audits confirmed what Indianapolis Public Schools Superintendent Lewis Ferebee declared in March: IPS has been operating with a surplus rather than a deficit.

Indiana golf courses seeing revenue increases

While golf-related revenue for courses nationwide was down 2 percent in April compared to the same period a year ago, Indiana courses were up almost 8 percent. And that's not the end of the good news.

Former CEO sentenced for federal tax evasion

Joseph C. Scott, 54, the former CEO at KSM Profit Advisors LLC, was convicted of underreporting his income taxes from 2005 to 2009, resulting in unpaid taxes of nearly $600,000.

Radio personality Vaughn files suit against WTLC parent

Kelly Vaughn alleges in a federal discrimination lawsuit that Radio One showed preferential treatment to male co-worker Amos Brown by firing her but retaining him after they worked on an outside project.

Ponzi scheme leader gets 10 years in prison

Rudolf “Rudi” Pameijer, a former Johnson County insurance agent who pleaded guilty to scamming $1.8 million from two dozen investors, was sentenced Monday to 18 years in prison, with eight of those years suspended.