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Emmis restructuring plan to be heard by federal judge
Whether the company can strip preferred shareholders of their right to collect millions of dollars in dividends will be decided in court. Shareholders have filed suit in an attempt to stop the proposal from being voted on.
Reports of owner discord circulate around IndyCar CEO Bernard
A Speed.com report claims IndyCar founder Tony George and a handful of team owners are behind a charge to have Randy Bernard fired. Also listed were team owners John Barnes, Kevin Kalkhoven, Michael Andretti and his father, Mario.
Former Kentucky amusement park in bad shape
The new partners who are working toward reopening the former Kentucky Kingdom amusement park say the facility is in bad condition and may not reopen until 2014.
Johnson County considers more fees for revenue boost
A central Indiana county is looking at a wide range of new or increased fees to make up for what officials say are declines in tax revenue.
Local sales tax could aid economic development
Most local economic development organizations rely on private contributions and some government money to support their efforts. But an unstable economy has led to some belt-tightening and soul searching on alternative ways to fund the associations.
Job held by Purdue president’s husband being cut
An administrative job at Purdue University held by the husband of school's president France Cordova is being eliminated as she leaves the school this summer.
Indiana fair lawsuits won’t go to trial until 2014
A group of lawsuits filed over last summer's deadly Indiana State Fair stage collapse likely won't go to trial for nearly two years.
Thieves hit dozens of storage units
Thieves broke into at least 65 units at Community Storage in the 2900 block of South Lynhurst Drive on the southeast side of Indianapolis between Friday and Monday morning, taking thousands of dollars of items. Police said a Community Storage employee showed up for work Tuesday and noticed that padlocks had been cut off the doors of units. Dozens of people had property stolen, including tools, electronic equipment, appliances and clothing. Police are studying security camera footage and the entry codes used over the weekend to find possible leads.
Boy, 13, arrested after fatal crash
Indianapolis police say a speeding sport-utility vehicle that flipped several times on a far east-side street Tuesday evening was driven by a 13-year-old boy. An adult cousin riding with him was killed. The SUV went out of control after going too fast into a curve. Juan Carrillo, 26, of Indianapolis, was ejected and died at a hospital. Police arrested the boy on several preliminary charges, including criminal recklessness.
Smoking-ban lawsuits face long odds, legal expert says
A constitutional law professor at the Indiana University Robert H. McKinney School of Law in Indianapolis said he doubts 10 bar owners have a chance fighting the city’s smoking ban in court. The ban goes into effect Friday.
What’s New: Ready the Nest
NICU nurse Becky Drummy’s maternity concierge service helps new parents handle the arrival of their little life changers.
STOSSEL: Competition is the best regulator for business
As long as there is open competition, honesty pretty much takes care of itself.
COLLINS: Mixing summer vacation and the debt debate
Romney said he would extinguish the blaze with his spending and tax-cutting plan.
BLOW: ‘Metrosexual black Abe Lincoln’ label misleads
The proposal was racially charged, and its authors knew it.
DOUTHAT: ‘Julia’ is Obama’s subsidized everywoman
She seems to have no meaningful relationships apart from her bond with the Obama White House.
KRUGMAN: Coming fairly soon to Europe: apocalypse
Italy and, in particular, Spain must be offered hope.
BROOKS: Why citizens demand something for nothing
The principles that guide the budget introduced by U.S. Rep. Paul Ryan provide a good framework.