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Brightpoint earnings rise as revenue soars

Increased distribution and demand for smartphones drove Brightpoint Inc.’s third-quarter revenue up 51 percent, to $1.34 billion, the company said after markets closed Thursday.

Stocks surge on European debt deal, GDP growth

The Dow Jones industrial average surged nearly 340 points Thursday after European leaders agreed on a deal to slash Greece's debt load and prevent the crisis there from engulfing larger countries like Italy.

Terre Haute airport looks for Super Bowl business

Terre Haute International Airport officials distributed brochures and advertisements about the facility and its hangars during a business aircraft convention this month in Las Vegas.

Pacers fans should root for NBA owners to take hard line

With the Pacers losing anywhere from $15 million to $30 million annually, local fans who would like to see the blue and gold remain anywhere near financially viable for the long-term must be rooting for an agreement with a hard cap—at least much stiffer than it is now—and a 50-50 split.

Court sides with racinos in tax dispute with state

A federal bankruptcy court has sided with two Indiana racinos in a dispute over their tax burdens, a ruling that could reduce the total amount they pay into state coffers by as much as $30 million per year.

Driver crashes into Family Dollar

A driver crashed into a Family Dollar store Wednesday evening on the northeast side of Indianapolis. No injuries were reported, but the building in the 2300 block of East 30th Street near Keystone Avenue sustained damage to the façade. According to police, the driver struck another vehicle while backing out of a parking spot, then crashed into the building.
 

KKK backer not guilty of littering

A man seen distributing issues of a Ku Klux Klan newsletter to Martinsville businesses was found not guilty of littering by a city court judge on Wednesday. Police cited Thomas Buhls after he left the KKK material at a business without permission. The judge said littering meant placing trash on private property and the newspaper was not considered trash. The KKK had threatened to sue Martinsville for violating Buhls' First Amendments rights.

 

Accident shuts down interstate lanes

Southbound Interstate 65 and westbound I-70 in Indianapolis were closed into the early-morning hours Thursday at the south split following a fiery accident involving a car hauler. The accident happened at about 11 p.m. Wednesday night when the car hauler struck the Virginia Avenue bridge. At least two vehicles were knocked off the hauler and caught fire. There were no reports of injuries.

BorgWarner sues Cummins over patents on turbochargers

BorgWarner Inc., the world’s biggest maker of automatic-transmission parts for vehicles, filed a lawsuit accusing Cummins Inc. of infringing on three patents for a titanium wheel used in engine turbochargers.

Republic studies $113M boost from sale of planes, slots

Republic Airways Holdings Inc. is considering the sale of planes and airport landing rights in Washington, D.C., to help raise about $113 million in a second round of restructuring at its unprofitable Frontier Airlines unit.

Verizon Wireless Center getting new name

Outdoor amphitheater Verizon Wireless Center in Noblesville will be renamed Klipsch Music Center under a new sponsorship agreement between speaker manufacturer Klipsch Group Inc. and venue owner Live Nation Entertainment.