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Police search for runaway Afghani

Indianapolis police officers are now treating the search for a missing 15-year-old student as a case of a runaway.  Mohammed “Karim” Azizi is a foreign exchange student from Afghanistan who was in Indianapolis this week for the FFA’s annual convention with an FFA chapter from Ohio.  Police say Azizi went missing around 8:45 p.m. Thursday near Monument Circle. Before he disappeared, he reportedly sent a text message to members of his group that he was “going down now.”  Many took that as meaning he was leaving the steps of the monument, but they now believe that was his way of saying he was leaving.

Post office still seeking rate hike for 2011

The U.S. Postal Service had asked for a 2-cent increase in the current 44-cent price for First Class stamps starting in January, but was denied by regulators. It plans to appeal.

State’s jobless rate dips slightly to 10.1 percent

Indiana’s unemployment rate in September was 0.1 percentage point lower than in August and the same as it was the same month last year. But it remains above the national rate of 9.6 percent.

Rushville broadband firm sued by companies it acquired

Omnicity Corp. is named in three lawsuits brought by owners of companies the firm bought who say they’ve not been paid the entire purchase price. All told, they claim they’re owed more than $1.2 million.

Analysts: Lilly setbacks might spur shopping spree

CEO John Lechleiter claims Eli Lilly and Co. isn’t interested in big acquisitions to bolster its flagging drug pipeline, but its recently devalued partner Amylin Pharmaceuticals might be the right fit, industry analysts say.

Judge OKs General Growth’s restructuring plan

General Growth Properties Inc. said Thursday a bankruptcy judge has approved its reorganization plan, clearing the way for the Simon Property Group rival to emerge from Chapter 11 bankruptcy protection early next month.

Museum revamping security strategy to save money

A security overhaul at the Indianapolis Museum of Art promises to be more effective while saving the cash-strapped museum $600,000 a year. More than 50 gallery attendants are gone, and so is the front desk, replaced by visitor assistants, most of whom are local college students.

Tax caps give township reform effort new life

A push to eliminate township government will return to the Statehouse next year—this time with a better shot at success. Township reforms, which have been vigorously debated but never passed, have been touted as a way to make government more cost-effective.

Old-school costume shop survives new competition

Costumes by Margie isn’t a strip mall box store full of packaged—and disposable—costumes for sale. The shop has a variety of clothing and accessories for rent and a staff, including owner Cheryl Harmon, ready to help put together whatever disguise a customer can dream up.

New tool shuffles radio ratings

A new method of measuring radio listening habits has shaken up local station ratings, sending radio operators scrambling to re-evaluate formats and ad pricing.