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FedEx fights to overturn jury’s $66M award to ATA

ATA charged in the two-year-old breach-of-contract suit that FedEx’s unexpected decision in January 2008 to drop it as a military-charter partner forced it into bankruptcy liquidation that spring.

NFP of NOTE: Camptown Inc.

Camptown challenges, mentors and teaches youth about life through outdoor adventure and nature programs that help build confidence, character and hope.

IUPUI chancellor making his mark on urban campus

A little more than a year into Charles Bantz’s term as chancellor of IUPUI, observers say he has done an admirable job getting to know the campus and the community, and he’s using that knowledge to make sure their paths remain intertwined.

Daniels’ budget cuts higher ed, Medicaid services

Indiana Gov. Mitch Daniels is proposing a new state budget that would cut higher education spending by 3 percent and eliminate optional Medicaid services for adults such as hearing aids, dental and chiropractic coverage and podiatry services.

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IUPUI’s Bantz passed over for UMass president’s job

The University of Massachusetts Board of Trustees on Thursday tapped Robert Caret to lead the the five-campus UMass system, choosing him over IUPUI Chancellor Charles Bantz and Philip Clay, chancellor of the Massachusetts Institute of Technology.

Endocyte prices IPO stock

The West Lafayette-based drug development firm intends to sell 6.15 million shares for $13 to $15 apiece. That would fetch $80 million to $92 million.

Fishburn assailant to stay in jail

The man convicted of shooting an Indianapolis police officer will stay behind bars after the Indiana Court of Appeals denied Brian Reese’s attempt to appeal.  Reese was sentenced to 59 years in prison for shooting officer Jason Fishburn in 2008. Judges on the panel rejected Reese’s claims that prosecutors failed to prove their case. Fishburn is back on the job, but suffers from partial paralysis as a result of the shooting.

Teen arrested in Lawrence robbery

Police in Lawrence and Indianapolis caught a 19-year-old suspected of robbing and abducting a motorist Tuesday night. David Miller told police he had stopped his van at Harrison Point Apartments in Lawrence when he was approached by an armed man who ordered him out of the vehicle and demanded his cash. Then a second suspect showed up and ordered Miller back into the van, which they drove to a nearby bank. They then forced the victim to withdraw another $100 before setting him free and fleeing in his vehicle. Investigators tracked down the van in Indianapolis using the GPS feature on the victim’s stolen cell phone. After a short chase, police used a Taser to subdue and arrest Antonio Love, 19. They are still looking for the second suspect, who was not identified.

One dead in I-65 collision

A truck driver was killed early Thursday after rear-ending another semi on northbound Interstate 65 in northwest Indianapolis. Police said the unidentified driver struck a truck that was pulling onto I-65 from the shoulder just before 5 a.m. A passenger in that semi was transported to a local hospital with unknown injuries. Authorities closed the northbound lanes of I-65 to traffic from 71st Street to the I-865 merge during the cleanup, which officials described as difficult because the violent force of the crash left the two trucks interlocked.

Analyst predicts modest year for REIT returns

Goldman Sachs & Co. analyst Jonathan Habermann expects a return of 5 percent to 10 percent this year after last year’s 29-percent total return for REIT stocks.

Indiana chief justice endorses sentencing changes

A report suggests allowing judges to sentence people convicted of lesser felonies to community corrections, which would help free up prison space for the state’s worst offenders and potentially saving more than $1 billion that would otherwise go toward building new prisons.