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Daniels admits judgment error in think tank speech
Purdue University President Mitch Daniels admitted Thursday he made an error in judgment by delivering a paid speech at a fundraiser for a conservative Minnesota think tank after promising to avoid partisan politics while at the helm of the university.
Shutdown talks heat up, but no resolution yet
President Barack Obama and congressional Republicans groped inconclusively Thursday for a compromise to end the 10-day-old partial government shutdown.
Colts’ Luck signs with tech startup selling skullcap that rates impact
Indianapolis Colts quarterback Andrew Luck got an equity stake to join the sports advisory board of MC10, a technology startup that released its first commercial product in July.
Chicago firm building spec warehouse in Plainfield
HSA Commercial Inc. plans to break ground later this month on the 220,000-square-foot building in the Gateway Business Park near Columbia Road and Ronald Reagan Parkway.
Stonegate snares less than expected in IPO
The Indianapolis firm debuted Thursday on the New York Stock Exchange at $16 per share, well below the anticipated range of $20 to $22. In total, Stonegate’s 7.1 million shares garnered $114 million.
IndyCar’s de Silvestro not getting props she deserves
Despite having one of the greatest seasons for a woman behind the wheel of an American open-wheel race car, the 25-year-old Swiss driver isn't getting much attention this year.
Former Simon executive faces fraud charge
Federal prosecutors in Pittsburgh have charged Mark Palombaro of Carmel with a single count of mail fraud in connection with a kickback scheme.
CIK Enterprises changes name, plans more growth
The Indianapolis-based marketing technology firm now calls itself Perq LLC after consolidating its three companies into one.
New forms aim at voter fraud
Indiana Secretary of State Connie Lawson says she hopes the state's new voter registration forms will help curb voter fraud. Lawson unveiled the new forms Wednesday, saying they should help election officials track who registered each voter. The change comes after South Bend Democratic leader Butch Morgan was sentenced to jail in a vote-forgery scandal.
Residents escape apartment fire
Residents safely escaped a fire that damaged Abington Apartments on the northwest side Thursday just before 4 a.m. Investigators say the fire started in a kitchen in the complex near Georgetown Road and Interstate 65, causing heavy smoke.
Man injured in Circle Centre fall dies
A Texas man who was severely injured nearly four years ago while visiting Indianapolis for an FFA convention has died. Phillip Caler, 20, of Booker, Texas, died Sept. 29 and his funeral was Oct. 3, an obituary said. Caler had been in a coma since suffering head trauma and several broken bones in an Oct. 22, 2009, fall at Circle Centre mall. He was 16 when he fell 41 feet over a third-floor escalator railing.
Emmis dials up improving sales, but profit slows
The Indianapolis media firm’s radio and publishing divisions saw healthy increases in revenue in its latest quarter. The company also posted a profit, although much less than in the same period last year.
Health exchange rollout gets dismal reviews in poll
Overall, just 7 percent of Americans say the rollout of the government’s new health exchanges has gone well. Far more deem it a flop.
Mass Avenue moves: Tini, Flying Cupcake
The martini and vodka bar is taking the space next door now occupied by the cupcake store, which is relocating to another location on the Avenue.
Deborah Simon giving $100M to Pennsylvania prep school
The contribution from the daughter of Simon Property Group co-founder Mel Simon is one of the largest gifts ever made to an independent school in the United States.
Brainard: You’ve got to see Carmel to believe it
Carmel Mayor Jim Brainard painted a rosy picture of the suburban community in his State of the City speech Wednesday. Then he showed the video.
Proposed Illiana Expressway loses key vote
The head of northeastern Illinois’ planning agency called Wednesday for an end to Gov. Pat Quinn’s push for the Illiana Expressway, saying the proposed $1.3 billion tollway south of Chicago into Indiana is “a highway in nowhere land.”
Ritz expects GOP effort to diminish her authority
Indiana Schools Superintendent Glenda Ritz's comments followed the first meeting Wednesday of a committee that was started despite her objections to set new goals for the Board of Education.