New pro soccer team to be called Indy Eleven
Indianapolis’ pro soccer team doesn’t make its on-field debut until April 2014, but organizers on Thursday unveiled the club’s name: Indy Eleven.
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Budget includes tax cut, more school, road funds
Indiana taxpayers will see their personal income tax rate reduced by 5 percent over the next four years under a budget plan agreed to Thursday by lawmakers. The plan also repeals the inheritance tax retroactive to Jan. 1.
Mutt Strut seeks record participation
The Humane Society of Indianapolis hopes to break an attendance record Saturday morning at its annual Mutt Strut fundraiser. More than 6,000 people attended last year’s event, which allows participants and their dogs to walk the 2.5-mile Indianapolis Motor Speedway oval. Online registration ends Thursday.
Ex-lawmaker charged after crash
Former Indiana House Speaker Michael K. Phillips faces drunken driving charges after crashing his car into a pay booth Tuesday night at a Circle Centre mall parking garage. Police say the 69-year-old had a blood-alcohol content of 0.16 percent—twice the state's legal limit for driving. He told officers he had "a couple glasses of wine." The Democrat served as speaker from 1988 to 1994.
Semi plows into south-side house
A semi driver swerved to avoid a small animal on Interstate 65 and crashed into a house Thursday morning on the south side of Indianapolis. The truck, carrying 38,000 pounds of meat, traveled down an embankment before hitting the vacant house in the 1300 block of Southern Avenue at about 5 a.m. The driver wasn’t injured. Southern Avenue was blocked between Shelby Street and Boyd Avenue until the scene was cleared.
Senate cans hunting plan
A proposal aimed at legalizing five fenced deer-hunting preserves around Indiana has failed in this year’s legislative session.
Low-level felons could get less prison time under plan
Indiana lawmakers have reached a compromise that would direct more non-violent, low-level felons to work release and other local programs rather than sending them to prison.
Proposed Meijer store would displace historic homes
The retail chain Meijer hopes to build a store near 16th and Dr. Martin Luther King Jr. streets north of downtown as part of a mixed-use project by Opus Development Corp.
Lilly suing J&J for patent rights in Alzheimer’s drug race
Eli Lilly and Co. is seeking to revoke a patent held by a Johnson & Johnson unit, arguing at a London court it might delay availability of a potential treatment for Alzheimer’s disease.
U.S. unemployment applications drop by 16,000
The decline suggests hiring is improving from last month’s sluggish pace, but economists cautioned against reading too much into one week’s data.
2 local sites make annual ‘Most Endangered’ list
New to this year’s lineup, announced Thursday morning by Indiana Landmarks, are the Flanner House Homes Historic District and Phillips Temple. Several homes in the district, in addition to the temple, are in danger of being demolished.
Sinking enrollment still a drag on ITT Educational
Profit and revenue fell dramatically in the first quarter as students continued to steer away from the Carmel company, one of the country's largest for-profit colleges.
Dow AgroSciences grows sales, earnings to new heights
Record sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences LLC in its new fiscal year.
Time for IndyCar Series to prove it can market drivers
Conor Daly and Takuma Sato provide the struggling IndyCar Series with prime opportunities to improve its brand awareness and TV ratings. But driver promotion has never been the series' strong suit. It's time to turn that around.
New golf tour offering cash prizes despite USGA warning
The Hoosier Tour will give high-handicappers the chance to compete for prize purses at top courses across the Indianapolis area. But participants could become ineligible for sanctioned events.
Duke Realty posts profit on sale of properties
The Indianapolis-based real estate investment trust rang up earnings of $28 million, mostly due to gains from the sale of 18 properties.
Size of Indiana income tax cut remains undecided
Indiana's new state budget will include at least a small personal income tax cut, although legislative leaders said Wednesday they weren't certain whether it will be as large as Republican Gov. Mike Pence wants.
GOP concerns derailed Turner’s chance at powerful post
Republican lawmakers bypassed House Speaker Pro Tem Eric Turner for the chairmanship of House Ways and Means committee last year amid concerns over his potential conflicts of interest, sources say.
CNO sees smaller profit after paying off debt
CNO Financial Group Inc. posted much lower earnings in the first quarter after suffering a $57.2 million loss in the period on the extinguishment of debt.
Angie’s List posts smaller loss on soaring revenue
The latest results beat Wall Street estimates, driving the Indianapolis-based company's shares upward by nearly 7 percent in after-market trading on Wednesday.