Kruse-owned company files for bankruptcy
A northeast Indiana classic car dealership owned by former auction house owner Dean Kruse and his wife has filed for Chapter 11 bankruptcy.
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Bill requiring stage inspections heads to governor
The Indiana Senate voted 41-5 Thursday in favor of the bill giving the state Fire Prevention and Building Safety Commission the power to regulate stages and other temporary structures.
Local grandfather guilty of child abuse
An Indianapolis man was found guilty Wednesday of forcing his three grandsons to take brutal hikes through the Grand Canyon. An Arizona jury convicted Christopher Carlson, 45, on three of six charges of child abuse for the hikes that took place last August. Prosecutors said Carlson forced his grandchildren to go on a brutal 18-mile walk in 100-degree temperatures without food or water. Carlson claimed the boys, who were 8, 9 and 12 at the time, needed to get in shape because they are overweight. The boys are now in protective custody.
City set for Big Ten tourneys
Thousands of basketball fans are expected to arrive in Indianapolis over the next two weeks for the Big Ten Conference’s annual basketball tournaments. Women’s action was set to begin Thursday at Banker’s Life Fieldhouse at 11:30 a.m. The men’s tourney tips off March 8. The 22 games in the two tournaments are expected to draw about 130,000 fans in total.
EEOC charges Celadon with discrimination
The agency claims the Indianapolis trucking firm subjected job applicants to medical exams and failed to hire qualified driving candidates because of disabilities. Celadon CEO Steve Russell denies wrongdoing.
Allison Transmission seeks $522M in initial public offering
Indianapolis-based Allison Transmission Holdings Inc., the former parts unit of General Motors Co., is seeking to raise as much as $522 million for its private-equity owners in an initial public offering.
Indiana Landmarks offering restored Victorian cottage
Indiana Landmarks is trying out a new approach to saving endangered residential properties: It renovated and is offering for sale a move-in ready historic home along East Tenth Street.
Lilly settles Zyprexa marketing suit for $1.4 billion
Indianapolis-based Lilly pleaded guilty to one violation of the Food, Drug and Cosmetic Act on Thursday and agreed to pay $1.42 billion to settle both that criminal charge as well as civil lawsuits in which it did not admit wrongdoing.
Republic Air sees revenue climb, earnings fall
The Indianapolis-based company’s quarterly revenue increased 7.4 percent, to $697.8 million, primarily due to an 11-percent increase in revenue from the Frontier unit.
New drugmaker code deprives docs of football, lunch for 2
Doctors can still get free samples of medicines, but not football tickets or lunch for their spouses, under a revised code of conduct drafted by a global drug industry trade group that counts Eli Lilly as a member.
CNO Financial approves $100M stock buyback
Carmel-based insurance holding company CNO Financial Group Inc. said Wednesday its board of directors approved the repurchase of up to $100 million in stock.
Indiana Senate approves diluted state smoking ban
For all the bluster a statewide smoking ban sparked at the beginning of the 2012 legislative session, the version Indiana lawmakers may end up approving seems little more than a wisp of smoke.
Indiana senators approve state fair, education money
State senators allocated more state money for victims of the Indiana State Fair stage collapse and full-day kindergarten as part of a broad spending plan approved Wednesday.
MEREDITH: Plan violates democratic role of the public in education
Indiana policymakers should not disregard the democratic will of the public in an attempt to push the reform efforts statewide.
CHU: Strategies should be launched in schools across the state
The Mind Trust recognizes that true innovation takes place in school buildings and not state or district offices.
TORR: Right-to-work won’t cost a single legislator his or her job
Our own polling showed that even union members and self-identified Democrats supported right-to-work by slim margins.
DELANEY: Teachers, working class will reject austerity world view
Union leaders will organize their get-out-the-vote efforts at a far higher level than in the past.
DOWD: GOP is now the Ghastly Outdated Party
President Barack Obama has deranged conservatives just as W. deranged liberals.
FRIEDMAN: The U.S., an OPEC member? Potentially
The knee-jerk debate we’re again having over who is responsible for higher oil prices fundamentally misses huge changes.
STOSSEL: Politicians fiddle while fiscal crisis looms
We must cut. But I fear Americans aren’t up for that.