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Storms could dampen Indiana corn yields

The U.S. Department of Agriculture reports only 2 percent of Indiana's corn crop had been planted by last week, compared with a five-year average of 15 percent.

Butler to announce new president

The private, 4,600-student Indianapolis university scheduled an event Wednesday afternoon to introduce its new president.

Judge: Governor doesn’t have to testify in IBM case

Marion Superior Judge David Dreyer has ruled that Indiana Gov. Mitch Daniels doesn’t have to testify about his involvement in the cancelled multimillion dollar IBM contract to modernize the state’s welfare system.

KAR Auction plans to refinance with $1.5B term loan

KAR Auction Services Inc., a provider of vehicle-auction services, is seeking to refinance existing debt with a $1.5 billion senior secured term loan and a $250 million senior secured revolving credit facility.

Zimmer, peer sued over arthritic-knee treatments

Genzyme Corp., the drugmaker bought by Sanofi-Aventis SA this month, sued Zimmer Holdings Inc. and Anika Therapeutics Inc. alleging the companies’ treatments for arthritic knee pain infringe a patent.

Police investigate officers’ actions

Investigators are looking into police behavior during a Saturday arrest caught on video by a resident of Tuscan Pointe apartments off Southport Road. In the video, which is available on Fox59.com, officers are dragging a handcuffed man down a flight of stairs. Police arrested 19-year-old Max Harper after he allegedly injured two paramedics and tried to punch a police officer. A neighbor said Harper appeared to be intoxicated and unable to stand, walk or talk.

Drainage problems close lanes on I-465

Emergency drainage repairs are scheduled for Tuesday on Interstate 465 on the west side. High water from heavy rain has closed the innermost northbound lane of the highway just south of the I-74/Crawfordsville Road interchange. The adjacent southbound lane also will be closed until 3 p.m. while crews install a new drain pipe and replace the median barrier wall.

Armed robber hits Castleton area

Indianapolis Metropolitan Police are investigating a string of armed robberies reported in the Castleton area. Officers say the suspect, a tall white man who may be balding, approaches his victims and demands money at gunpoint. At least two robberies have been confirmed, including one just after 1 a.m. Tuesday at the Thornton’s gas station at 82nd Street and Dean Road. Witnesses said the suspect may have been driving a red car with a temporary license plate.

Colts training complex open to players

NFL said players will be treated with courtesy, but will not be allowed to use weight rooms or other practice facilities. Contract negotiations between Colts and Peyton Manning still on hold.

David Marsh fears criminal charges from IRS probe

Attorneys for David Marsh say information the executive has received from the IRS suggest he might face both criminal and civil charging stemming from expenses he submitted for reimbursement while serving as president of Marsh Supermarkets Inc.

Pentagon pulls plug on Rolls-Royce engine project

Congress and the General Electric/Rolls-Royce group that was developing the engine were notified of the termination decision Monday. Rolls-Royce had about 130 people, mostly engineers, working on the F-35 project in Plainfield and Indianapolis.

Estridge becomes division of national home builder

The Estridge Group, which had operated in the Indianapolis area since 1967, has become part of Houston-based David Weekley Homes. Estridge had struggled in recent months to stay afloat during the severe housing downturn.

Profit, revenue up at Interactive Intelligence

The Indianapolis business-communications software firm on Monday reported revenue of $47.7 million in the quarter ended March 31, up 36 percent from the same period last year. Profit was $3.1 million.