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Only half of Indiana’s public schools met federal rules for “adequate yearly progress” this year, down from 54 percent a year ago – when the standards for success were lower, the Indiana Department of Education announced today. About 83 percent of school corporations met the standard, which comes from the No Child Left Behind Act […]
Consumer prices dipped unexpectedly in March, leaving prices over the past year falling at the fastest clip in more than a half-century. The recession is expected to keep a lid on inflation as widespread layoffs dampen wage pressures and weak demand keeps companies from raising prices. The Labor Department said Wednesday that consumer prices edged […]
The first phase of a wind farm being developed in Indiana by Richmond-based Dominion Resources Inc. and BP Wind Energy is operational, the companies announced today The companies said the 222 turbines at the Fowler Ridge Wind Farm in Benton County can generate 440 megawatts of electricity, enough to power about 120,000 average homes. Dominion […]
Indiana University is reorganizing its athletic department and splitting student development and compliance into separate offices. Athletic director Fred Glass said IU Administrative Services Director Mary Ann Rohleder will become associate athletic director for compliance, and Associate Athletic Director Grace Calhoun will now be in charge of student development and academics. The reorganization announced today […]
When it comes to health care reform, Eli Lilly and Co. has its derriere exposed more than its drugmaker peers. That’s according to a recent report by Jason Napodano, a senior pharmaceutical analyst at Zack’s Equity Research. In an April 9 report, he examined potential negatives in President Barack Obama’s health care reform outline. While […]
Entering the fourth day of deliberations in the tax evasion case of Indy Racing League driver Helio Castroneves, series officials now have to be seriously wondering what will become of the month of…
Alcohol taxes would double only in Marion County – not the whole state – under a plan advanced by the Indiana Senate yesterday. The Senate made several changes to a bill aimed at rescuing the Indianapolis Capital Improvement Board, which expects to be $47 million short in its operation of the city’s professional sports stadiums […]
The Indiana Senate has approved a budget that would rely on federal economic stimulus money to boost school spending, but a top senator says the funding increase might be short lived. A new state revenue forecast expected Friday will give lawmakers a better idea of how much the state can spend over the next two […]
More than 50 speakers are expected to participate in a three-day conference about U.S.-China business relations that kicks off tomorrow in Indianapolis and finishes Thursday and Friday in Bloomington. Huang Ping, consul general for the People’s Republic of China in Chicago, Indiana University President Michael McRobbie and Indianapolis Mayor Greg Ballard are among those scheduled […]
Mike Alley made lots of money running Fifth Third Bank’s central Indiana operations until he quit in 2002 to run his own investment firm, and he’s still making it pumping resources into entrepreneurial companies.
That perspective — of shifting from a…
Marion County Treasurer Michael Rodman is scheduled to deliver an update today on distribution of long-delayed local property-tax bills worth a combined $1 billion. He now expects to put the bills in the mail by June 1. Rodman, a Democrat, will make his presentation to the City-County Council’s Administration and Finance Committee at 5:30 p.m. […]
The Indianapolis Cultural Trail yesterday announced major donations from the Christel DeHaan Family Foundation and Indiana Pacers. It also unveiled three public art works that will be exhibited in the Northeast Corridor stage of the trail, which is now under construction. The DeHaan foundation gave $250,000 and the Indiana Pacers $100,000 toward the Cultural Trail’s […]
Police say an Indianapolis man was shot in the head in a case of mistaken identity just before midnight in the 2300 block of Dr. Martin Luther King Jr. Street. Investigators say the woman who lives at that address heard someone on the porch and fired at the man because she thought he was trying […]
State senators today are expected to vote on a plan to bail out the city’s struggling Capitol Improvement Board. The proposal is similar to the one introduced yesterday by Indianapolis Mayor Greg Ballard. Ballard wants the General Assembly to allow Marion County to raise alcohol and car-rental taxes. Fox 59 will have more at 10 […]
Lawrence Green, the man accused in the beating death of 3-year-old TaJanay Bailey in November 2007, entered a guilty plea yesterday. Green agreed to accept a 65-year plea agreement under the deal between prosecutors and defense lawyers. The victim’s mother, Charity Bailey, has already pleaded guilty to felony neglect charges.
A piston factory once owned by one of the founders of the National Basketball Association is closing down this year because of the economic downturn. It will mean the end of the Fort Wayne plant that as Zollner Piston once employed more than 1,200 people but now has just 38 production workers. The closure is […]
Organizers expect about 8,000 people to protest excessive government spending tomorrow at the Indiana Statehouse. The local “tea party” event, scheduled to coincide with the April 15 deadline to file tax returns, will be held along with hundreds of others across the country. Protestors are organizing tea parties in roughly 600 locations in all 50 […]
The Anderson Community School Board meets tonight to discuss ways to trim the budget as the district works to make up a $5 million deficit. At least three officials in the district office have opted for early retirement, including Superintendent Mikella Lowe. The meeting begins at 6 p.m. in the Wigwam Auditorium.
Bill Oesterle, co-founder and CEO of Indianapolis-based Angie’s List, has donated $1 million to Purdue University to create the school’s first endowed professorship in information technology, the university announced today. The professorship, named the Olga Oesterle England Professorship of Information Technology, will first be held by Gerry McCartney, Purdue’s chief information officer. Oesterle, a Purdue […]
