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Judge approves $90 million for Anthem plaintiffs
The settlement will go to 700,000 claimants in Indiana, Ohio, Kentucky and Connecticut, who said Anthem underpaid them when it converted in 2001 from policyholder ownership into publicly traded company WellPoint Inc.
State may revoke accused liquor license speculator’s permit
The Indiana Alcohol & Tobacco Commission says Slobodan Lakich bought a license last year for $9,000, then tried to flip it for $30,000.
Belskus to serve as interim IndyCar CEO after Bernard’s exit
Jeff Belskus, the president of Indianapolis Motor Speedway, and the president and CEO of Hulman & Co., will step in as interim CEO of the IndyCar Series, replacing Randy Bernard.
Storm will keep financial markets closed Tuesday
Stock trading will be closed in the U.S. for a second day Tuesday as Hurricane Sandy bears down on the East Coast. Bond trading will also be closed.
Financial crisis pushes millennials to fiscal conservatism
Researchers find that the recession had a particularly profound effect on the political attitudes of younger millennials, who’ve come of age as the adults who preceded them have lost homes, jobs and retirement funds. Their age group also faces high unemployment.
Critics say grades for schools too complex to understand
Public schools around Indiana will learn their final grades next week under a ranking system using new rules that critics say are too complex for schools and parents to understand.
Broncos’ Manning to own 21 Papa John’s pizza franchises
Peyton Manning will be introduced as the company’s newest franchisee in the Denver area during a television spot with Papa John’s Chief Executive John Schnatter on Sunday during the telecast of NBC’s “Football Night in America.”
Bernard ousted as CEO of IndyCar, sources say
IndyCar Series owners have fired CEO Randy Bernard, sources familiar with the situation told IBJ on Friday afternoon. IndyCar officials are denying the firing.
Motorcyclist killed in collision
A motorcyclist died after an accident at about 10 p.m. Thursday on the southeast side of Indianapolis. Investigators say the cyclist crashed into the back of a Volkswagen Jetta that was stopped in traffic in 1900 block of South Emerson Avenue. Police don’t believe the man was wearing a helmet.
School locked down after robbery
A bank robbery sparked a lockdown for Franklin Community Schools on Friday morning. Police set up a perimeter to search for the robber after a MainSource Bank branch on Banta Street was held up at about 9:45 a.m. He was not found. The same bank was held up by an armed man Oct. 17.
Man shot after apartment break-in
A man was fatally shot at about 6 a.m. Friday after breaking into his ex-girlfriend's apartment on the west side of Indianapolis. Police say the woman received a protective order requiring the man to stay away after a January break-in. The woman, her four children and another man were in the Wyckford Commons apartment, near Interstate 465, at the time of the shooting.
Republic Airways inks aircraft deal with Caesars
Republic Airways Holdings Inc. said Friday that it had agreed on a three-year deal with casino giant Caesars Entertainment Corp. to operate five Embraer E190 aircraft that will provide more than 1,500 flights each year for Caesars' customers.
Developer gets OK for second phase of apartment project
Trinitas Ventures of West Lafayette plans to break ground next spring on a $20 million student housing project on Indiana Avenue with 214 units. The developer already has built 253 units on the site.
U.S. economic growth shows only slight improvement
The U.S. economy grew at a slightly faster 2-percent annual rate from July through September, buoyed by more spending by consumers and the government. Still, growth remains historically anemic, and exports and business spending are weakening.
Ballard to nix parts of council budget
Mayor Greg Ballard plans to sign a $1 billion budget plan approved by the Indianapolis City-County Council earlier this month, but only after using his line-item veto powers to kill major portions of it.
Owner rejects bids for western Indiana historic site
The owner of western Indiana historic site Billie Creek Village has decided to not sell it to any of the top bidders from last week's auction.
Florida payroll provider moving to Indianapolis, adding 59 jobs
Beyond Payroll LLC, which said it will add the jobs by 2106, is leasing 2,000 square feet of space in the downtown Stutz Building.
ExactTarget eyed as attractive takeover target
Indianapolis-based ExactTarget Inc., the fast-growing e-mail marketer that went public in March, is likely being looked at as a possible takeover target by software giants including Microsoft, Oracle and SAP, according to industry experts.
City paying $2.3 million to 2 hurt in officer’s crash
The city of Indianapolis will pay $2.3 million to two people seriously injured when their motorcycle was struck by a police cruiser driven by an officer allegedly driving drunk.