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Apartment fire starts in laundry room

A Friday morning fire that began in a laundry room at Reflections Apartments near 79th Street and Harcourt Road caused about $90,000 in damage, Indianapolis firefighters say. The damage was mainly contained to one apartment unit.
 

Woman survives drive onto pond

A woman can thank bone-chilling temperatures for possibly saving her life Thursday night after she drove her car onto a retention pond near Brightpoint Inc. headquarters in Plainfield. The woman was traveling north on South Perry Road when she lost control and ended up on the pond.  The ice on the pond was so thick that the car didn’t fall through. The woman had just gotten off work when the accident happened about 9:30 p.m. She was uninjured.
 

Wrong-way driver dies in crash

A Greenwood man was killed early Friday morning when he drove the wrong way on State Road 37 and hit another vehicle. Trent Schmidt, 35, was pronounced dead at the scene about 4 a.m. after he drove his Toyota Corolla into a Honda Accord near the Banta Road intersection. The 24-year-old Honda driver was taken to the hospital with minor injuries. Northbound lanes were closed for more than three hours after the accident.
 

Lilly takeover provision to be voted on again

The effort to remove an 80-percent approval threshold for takeover bids against the wishes of Lilly’s board is on the agenda of the company’s April 18 annual meeting.

Developer plans $24M second phase for Cosmopolitan

The developer Flaherty & Collins is finalizing plans for a second phase of Cosmopolitan on the Canal that calls for 162 more apartments and 180 parking spaces at a cost of about $24 million.

Emmis likely escapes NASDAQ-delisting danger

Stock in the Indianapolis-based media company closed above the necessary threshold of $1 per share for 10 consecutive business days on Thursday, meaning it should be back in compliance with NASDAQ rules.

Daniels in Washington for conservatives conference

Gov. Mitch Daniels is to speak Friday night at the Conservative Political Action Conference that has drawn thousands of conservatives eager to help a GOP challenger deny President Barack Obama a second term.

Mitch Daniels

Indiana moving ahead with plan to fix jobless fund

Legislators aren't holding up a plan to fix Indiana's debt-ridden unemployment insurance fund as they wait to see whether the federal government will put off charging the states interest on what they owe.

American Legion HQ changes membership tactics

In a move to shore up American Legion’s bottom line, the organization is holding back thousands of new members—along with their dues—from state affiliates.

Aspiring filmmaker scores hit with jewelry ad

A TV commercial for jeweler Reis-Nichols has launched filmmakers Sami Mustaklem and Alex Kosene into the advertising business. Their firm, 3rd Strand, has a growing list of clients seeking their unique storytelling approach.

Marketing entrepreneur’s career takes healthy turn

A rejuvenating massage and facial were the inspiration for Jennifer Rubenstein to found Simply Well LLC, a marketing business that launched the Simply Well Book in September. The book features offers from 46 locally owned salons, organic markets, yoga studios and similar businesses.

Lawmakers eye bonds for debt relief

State lawmakers are exploring the idea of paying back more than $2 billion in federal debt for unemployment insurance by issuing tax-exempt bonds.

Budget shrinks 21st Century tech fund

Even as some of its investments bear fruit in grand fashion, the state’s principal fund for investing in high-tech companies may get even less in the next budget than it did two years ago when its funding was cut in half.