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Mayor’s communications strategist leaving city post

Robert Vane, Ballard’s deputy chief of staff and communications director, plans to start his own firm specializing in crisis and strategic communications. His last day with the city is Nov. 5.

Rail company plans new plant, 650 jobs in Muncie

Alabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open the first locomotive manufacturing and assembly plant in the United States in many years.

UPDATE: Butler’s Fong leaving for new job

Butler University President Bobby Fong will leave at the end of the current academic year to take the helm of private Ursinus College outside Philadelphia, the Indianapolis school confirmed Friday afternoon.

Greenfield woman hit by car

A Greenfield woman was taken by helicopter to Methodist Hospital in Indianapolis Thursday night after she was struck by a car while walking on a sidewalk along State Road 9. The woman, 46, suffered head injuries and a broken leg. Police have not released her name.

Woman sues Broad Ripple bar

A woman has filed a civil lawsuit against Broad Ripple’s Casba, claiming a bartender served too much alcohol to a man who crashed into her shortly after leaving the tavern. Sherry Richardson suffered serious injuries in the May 2009 crash and spent 44 days in the hospital. She was hit by Andrew Bailor, who was fleeing from police. Bailor is now in prison for driving while intoxicated, resulting in serious bodily injury. The lawsuit says he had been drinking at the Casba from 9:45 p.m. to midnight and was served eight to 11 shots even though the bartender knew he was drunk.

Bebe Paluzza trade shows sold to industry vets

Bebe Paluzza Productions, which started as a local trade show for parents and grew into a series of consumer events staged in five cities, has been sold to two industry veterans who want to continue that expansion.

U.S. economy grew anemically in third quarter

The government reported Friday morning that the economy expanded at a 2-percent annual rate in the July-September quarter. It marked a slight improvement from the feeble 1.7-percent growth in the April-June quarter.

More job losses coming at doomed manufacturing plant

Automotive Components Holdings, which makes hydraulic steering systems for Ford Motor Co., notified the state this week that it plans to permanently lay off 26 employees during the first two weeks of 2011.

Lender Oak Street acquired by New York firm

Carmel-based insurance lender Oak Street Funding LLC announced Thursday that it has been purchased by private equity funds managed by New York-based Angelo Gordon & Co.

Oaks Academy pondering how to fund a second location

Local leaders are encouraging The Oaks Academy to duplicate its successful urban private school model at a second location as part of the massive investment in near-east-side redevelopment spurred on by Indianapolis’ successful bid for the 2012 Super Bowl.

City seeks privatization of Velodrome

City officials are hoping that privatizing the Major Taylor Velodrome, which now is in disrepair, will breathe new life into the cycling venue built in 1982 as a key part of Indianapolis’ efforts to become a sports capital.

Di Rimini violations reveal holes in process that relies on trust

Brazen violations of city design guidelines and state building codes by the developer of the Di Rimini apartments cast a spotlight on what is essentially an honor system of regulation for developers once they win approval for their projects.

Local Fox affiliate fattens up on news

Since 2004, WXIN-TV Channel 59 in 2004 has gone from airing 18-1/2 hours of live local news a week to 54-1/2 hours. And if everything goes as planned, by the end of 2012 it will add a 6-7 p.m. newscast weekdays, bringing the total to an astonishing 59-1/2 hours.