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USS Indianapolis event may be last

Many of the 38 remaining survivors of the World War II sinking of the USS Indianapolis have gathered for what might be the last of their annual reunions.
The reunion activities began Thursday at a downtown Indianapolis hotel and continue until Sunday when a memorial service is scheduled. Only 317 of the ship’s nearly 1,200 crew members survived the July 30, 1945, sinking by Japanese torpedoes and spent days floating in shark-infested waters before being rescued. Most of the survivors are in their 90s.
 

Celadon to pay $18.5M settlement over fatal crash

The Indianapolis-based trucking firm has agreed to pay $18.5 million to the families of two men who died in a multiple-vehicle accident involving a Celadon truck driver in northwest Indiana in February 2011.

Kite Realty reports loss on loan default

The Indianapolis-based real estate investment trust took a $5.4 million non-cash impairment charge relating to a $29.5 million loan default on a retail development in Georgia.

Legislation introduced in U.S. House to reform NCAA

The legislation would require athletes to have annual baseline concussion testing and ensure that an athlete in good academic standing would not be in danger of losing an athletic scholarship because of injury or performance.

PROXY CORNER: Eli Lilly and Co.

Indianapolis-based Eli Lilly and Co. discovers, develops, manufactures and sells pharmaceutical products for humans and animals.

City Securities’ stumble opens door to rivals

City Securities Corp. has dominated the Indiana municipal bond market for decades, but the firm’s recent $580,000 settlement with the U.S. Securities and Exchange Commission could give issuers pause and competitors a foot in the door in the underwriting business.

Goldsmith: ‘Big data’ to reinvent government

While some Americans question the National Security Agency’s habit of amassing citizens’ phone records, former Indianapolis Mayor Steve Goldsmith urges city governments to dive into “big data.”

Kim: New graduates shouldn’t repeat these mistakes

A college education is one of life’s most important and costly investments. But what should college graduates do after they’ve earned their diploma to protect and enhance their return on this monumental investment?