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Military contractor cutting 200 jobs in Fort Wayne

Military contractor ITT Exelis is cutting about 200 jobs from its operations in Fort Wayne. The move comes as the company is winding down work on a multiyear contract to make sophisticated radios for use by combat troops.

Occupy Indy protesters ordered to clear out camp

State officials gave Occupy Indy protesters 24 hours to remove their tents, sleeping bags and other camping accessories from the Statehouse lawn and warned there could be arrests Thursday should anybody resist the efforts to remove the items.

Angie’s List IPO raises $114 million

Angie’s List Inc., the Indianapolis-based consumer-review service with more than 1 million paying members, raised about $114 million in its initial public offering Wednesday after pricing the shares at the top end of the proposed range.

University education schools inflate grades, critics charge

Nearly four of five students received A’s in Indiana University education classes in 2010-2011, but education deans at IU and other universities say grading is approached differently than in other schools, such as math.

Citizens to convert downtown steam plant from coal to gas

Citizens Energy Group plans to switch the primary power source for its Perry K Steam Plant in downtown Indianapolis from coal to natural gas, the utility announced Wednesday. The conversion will cost about $9 million.

State fines company in worker’s death

The Indiana Occupational Safety and Health Administration issued Fairfield Manufacturing Co. Inc. nine safety violations and $14,500 in fines after the death of a worker. Kyle Rhodes, a 28-year-old employee of the Lafayette-based company, died in May after getting pinned between a forklift and a semi-trailer. Another worker injured his arm. The forklift had a malfunctioning parking brake and had been left unattended on an incline. The fines were reduced because the company is taking steps to improve safety after the incident.
 

Officers escape Martinsville gunman

Four law-enforcement officers trapped inside a rural central Indiana home during a standoff were able to escape without injury Wednesday morning, but a gunman remained in the home. A federal agent, two deputies from the Johnson County Sheriff’s Department and one officer from the Franklin City Police Department, were serving a warrant at the home east of Martinsville when shots were fired. They were pinned down for more than two hours before escaping. Family members of the gunman also were able to leave the home. Martinsville schools have been placed on lockdown.
 

Area school district claims fraud by ex-superintendent

The lawsuit filed in Marion County court by the Wayne Township school district says Terry Thompson deceived school board members into approving more salary and compensation than he knew they would approve in contract negotiations.

More games lost as NBA players file antitrust lawsuit

The Indiana Pacers have already lost eight preseason games and eight regular-season games, with half of those events scheduled for Conseco Fieldhouse. Extending the stoppage through Dec. 15 will cost the Pacers another 15 games, including six at home.

Never too late

A 50-plus couple going to their first show at Indy Fringe can hold as much hope for the future as a teenager’s first infatuation with Shakespeare.