Articles

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Maker of class rings may fetch $1 billion

Herff Jones might be on the verge of a sale for as much as $1 billion. The 94-year-old maker of class rings and yearbooks, quietly renamed Varsity Brands Inc. in June, has hired the investment banking firm Jefferies to explore a sale, unidentified sources told Reuters.

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NCAA HQ

NCAA chief says scholarship changes on way

NCAA President Mark Emmert said Monday there is no talk about allowing compensation for autographs and signed memorabilia, but a new model for scholarships could be approved by January.

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Ball State assumes $12.6 million loss in fraud

The chairman of the Ball State University board of trustees has told the State Budget Committee the school is operating under the assumption it won't be able to recover $12.6 million in fraudulent investments.

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Glendale Library

Library plans $59M in new branches, upgrades

Indianapolis Public Library officials are seeking approval from the city to borrow funds to renovate, relocate and build entirely new branches across the city. Despite growing emphasis on digital media, library visits are increasing, they say.

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