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PROXY CORNER: Bell Industries Inc.

Bell Industries Inc., 8888 Keystone Crossing, Suite 1700 (www.BellInd.com), is a holding company for Bell Techlogix and the Recreational Products Group.

Bank of America seeks to dismiss racketeering suit

Homeowners Dwayne Ransom Davis and Melisa Davis sued last month in Indianapolis, claiming Bank of America “routinely” submitted perjured affidavits to support foreclosures. They lost their Knightstown home last year.

Speedway clerk robbed at knifepoint

Indianapolis police are looking for two men who held up a gas station early Thursday morning at the Speedway gas station at 56th Street and High School Road. Police say the two suspects got the clerk to leave the counter by asking about a product on one of the shelves, then threatened to stab him if he didn’t empty the cash drawer. The suspects got away with $200 and were last seen driving a light-colored Buick sedan.
 

Prepare for a (good) schools arms race

Imagine a future in which Indiana school districts bid up salaries for star teachers to $100,000 or more to develop a district specialty in a field like science or math, and cause students to excel.

Four arrested in meth bust

The Hamilton/Boone County Drug Task Force arrested four people Wednesday and dismantled a suspected methamphetamine manufacturing operation in Fishers. The arrests come as part of a two-month long investigation. The bust happened in a barn behind a house in the 13700 block of Howe Road. Officials recovered manufacturing equipment, firearms and surveillance equipment as well as some of the drug. Timothy Phipps, 36; Kristine Curtner, 43; Misty Knutson, 37; and David Knutson, 37, face charges.
 

Police impersonator robs dancer

Authorities are searching for a police impersonator who robbed a dancer on her way home from a west-side Indianapolis strip club Thursday morning. The woman, who accepted a ride from the man after she got off work, said the suspect propositioned her for sex. After she declined, the man showed her a badge and told her he’d arrest her if she didn’t give him all her money. The man got away with about $160.

Why on earth is GM joining IndyCar?

Clearly the Detroit automaker believes in IndyCar Series CEO Randy Bernard and his new vision for the open-wheel series.

Angie’s List attracts $2.5M infusion

The investment is from a San Francisco-based firm and follows a $22.5 million investment the company received in October from multiple investors.

Area homes sales down for 6th straight month

Home-sale agreements in the nine-county central Indiana region plunged 40.7 percent in October compared to the same month a year ago, according to a report released Thursday morning by F.C. Tucker Co.

Noble Roman’s reports loss

Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.

Feds require Simon to sell outlet centers

The U.S. Federal Trade Commission said it is requiring Indianapolis-based Simon Property Group Inc., the largest U.S. mall owner, to sell outlets in a settlement related to the $2.3M purchase of Prime Outlets Acquisition Co.

Audit: Indiana owes feds $39M for Medicaid

A federal audit recommends that Indiana's human services agency refund the federal government nearly $39 million it overpaid to Medicaid providers during a nine-year period.

Daniels appoints new social services chief

Indiana Gov. Mitch Daniels has accepted the resignation of Family and Social Services Administration Secretary Anne Murphy and has appointed the agency’s chief of staff, Michael Gargano, to replace her.