Stocks soar on optimism for debt deal in Congress
Senate leaders announced a last-minute agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown.
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Senate leaders announced a last-minute agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown.
Indianapolis police arrested Charles Foster, 33, early Wednesday morning after the man led them on a short chase in a minivan, and then on foot. Police arrived around 1:30 a.m. at the site of a hit-and-run accident at the intersection of East 10th and Rural streets, where they found a bicyclist who had been seriously injured. They saw a minivan believed to be involved in the accident run a red light nearby and gave chase. After crashing into a retaining wall, Foster fled the vehicle. Officers subdued him with pepper spray and took him to Wishard Hospital for evaluation.
A juror was excused Wednesday morning from the trial of Indianapolis police officer David Bisard, after he informed the court of a conversation that might prejudice him against the defendant. Bisard is charged with nine felony counts, including reckless homicide and drunken driving, in the 2010 death of a motorist. Identified as Juror No. 35, seat 9, the man said that after he was selected as a juror, he overheard a co-worker claiming to have inside information about Bisard’s guilt and commenting on Bisard’s drunk-driving charge from earlier this year. Allen County Judge John Surbeck dismissed the juror.
Springleaf Holdings Inc. provides non-prime consumer loans through a network of 834 offices and online.
Indianapolis-based training firm Adayana Inc. said it sought Chapter 11 bankruptcy reorganization this week after two years of unsuccessfully trying to restructure its debts out of court.
The move has local radio executives wondering if the comedy show might move up the Indianapolis FM dial as well. Meanwhile, conservative commentator Abdul will switch to weekday evenings on WIBC.
Rather than railing incessantly against Obamacare, Republicans would do themselves and the country a favor if they finally agreed on a common alternative for fixing the health care system.
ExactTarget CEO Scott Dorsey and his team have taken the reins of the Marketing Cloud unit at Salesforce.com, a move that has analysts raving.
Klipsch CEO Paul Jacobs said the Indianapolis-based audio company took a pass on partnering with several other NFL quarterbacks before signing a deal in August with Andrew Luck.
Three central Indiana cities that once had thousands of auto workers have joined together in seeking a $20 million federal grant to help attract new businesses to their empty factories.
Communities on Amtrak's Hoosier State line from Indianapolis to Chicago will help continue the service for at least a year.
Cynthia Simon Skjodt, the daughter of late shopping mall magnate Melvin Simon, is donating $1.5 million to the Indiana University Lilly Family School of Philanthropy in honor of her father, the school announced Wednesday morning.
R. Scott Waddell, commissioner of the Indiana Bureau of Motor Vehicles, will step down Dec. 2, he announced Tuesday.
The $2.7 million agreement will keep the Hoosier State passenger rail service between Indy and Chicago operating for one year.
The toll from fraud perpetrated by former personal-injury attorney William Conour has increased significantly from earlier estimates, federal prosecutors said in a sentencing memorandum filed Tuesday.
Noblesville police are asking for the public’s help in locating a 15-year-old who has been missing since early this month. Jordan Sheppard ran from his mother’s vehicle in the area of 16 S. 10th St. at about 10:15 p.m. Oct. 4 and never came home. Anyone with information on the teen should call the police department at (317) 773-1300.
Charles Boston, 34, was arrested on drug and gun possession charges by Indianapolis police Monday afternoon after emergency crews were called to his apartment to help an unresponsive 8-month-old boy. The baby was pronounced dead a short time later at the hospital. Police found 28 marijuana plants and items used to prepare pot for sale at the apartment in the 500 block of Tomahawk Trail, south of 10th Street and west of Girls School Road. The baby’s mother, Malorie Stauch, 27, wasn’t arrested, but the baby’s twin brother and a 5-year-old girl were taken by Child Protective Services.
Peyton Manning’s return to Indianapolis for Sunday night’s Indianapolis Colts game against the Denver Broncos has been a boon for hoteliers. According to Visit Indy, 99 percent of downtown’s 7,200 hotel rooms are sold out for Sunday night, a typically difficult night for hotels to fill rooms. Only about 1,600 of those can be chalked up to a convention. Sunday’s prime-time game will mark the first time Manning will play at Lucas Oil Stadium since joining the Broncos last season after 14 years with the Colts.
A maker of porcelain products plans to invest $16 million to purchase, renovate and equip a vacant pottery production plant in Kokomo and create as many as 140 jobs by 2014.
A judge is hearing arguments from former Indiana Secretary of State Charlie White that his conviction on voter fraud should be thrown out because his lawyer, Carl Brizzi, didn't adequately defend him.