Sunday, May 19 2013 11:14 AM EDT2013-05-19 15:14:09 GMT
It's been a quiet tornado season so far in Indiana, but experts caution it's far from over. Preliminary reports from the National Weather Service indicate Indiana has had four weak tornadoes this year,More >>
It's been a quiet tornado season so far in Indiana, but experts caution it's far from over.More >>
Sunday, May 19 2013 11:09 AM EDT2013-05-19 15:09:18 GMT
Purdue University is wasting no time trying to tap recent graduates as donors, but university leaders acknowledged the task is challenging. The Journal and Courier reports about 14 percent of those who'veMore >>
Purdue University is wasting no time trying to tap recent graduates as donors, but university leaders acknowledged the task is challenging.More >>
Sunday, May 19 2013 11:05 AM EDT2013-05-19 15:05:10 GMT
A collection of memorabilia from three-time Indianapolis 500 winner Wilbur Shaw is set to be auctioned by the late racer's son. Bill Shaw is parting with his father's racing trophies, a checkered flagMore >>
A collection of memorabilia from three-time Indianapolis 500 winner Wilbur Shaw is set to be auctioned by the late racer's son.More >>
Sunday, May 19 2013 9:11 AM EDT2013-05-19 13:11:40 GMT
A senior White House adviser insists President Barack Obama learned the Internal Revenue Service had been targeting tea party groups "when it came out in the news." Speaking Sunday on CNN's "State ofMore >>
A senior White House adviser insists President Barack Obama learned the Internal Revenue Service had been targeting tea party groups "when it came out in the news."More >>
Sunday, May 19 2013 9:03 AM EDT2013-05-19 13:03:40 GMT
Witnesses described a frantic scene and close calls after an elderly driver plowed into dozens of hikers marching in a small Virginia mountain town's parade. Investigators say they are looking into whetherMore >>
Witnesses described a frantic scene and close calls after an elderly driver plowed into dozens of hikers marching in a small Virginia mountain town's parade.More >>
Sunday, May 19 2013 9:01 AM EDT2013-05-19 13:01:21 GMT
President Barack Obama is delivering the commencement address at Morehouse College, the historically black, all-male institution that counts Martin Luther King Jr. among its alumni. The Atlanta-basedMore >>
President Barack Obama is delivering the commencement address at Morehouse College, the historically black, all-male institution that counts Martin Luther King Jr. among its alumni.More >>
Sunday, May 19 2013 8:58 AM EDT2013-05-19 12:58:21 GMT
A Los Angeles sheriff's spokesman says 'Terminator 2' star Edward Furlong has been arrested on suspicion of violating a restraining order filed by his ex-girlfriend. Sheriff's spokesman Steve WhitmoreMore >>
A Los Angeles sheriff's spokesman says 'Terminator 2' star Edward Furlong has been arrested on suspicion of violating a restraining order filed by his ex-girlfriend.More >>
Sunday, May 19 2013 8:55 AM EDT2013-05-19 12:55:09 GMT
Jimmie Johnson became the first four-time winner of NASCAR's annual All-Star race Saturday night at Charlotte Motor Speedway. Johnson got a fast final pit stop from his Hendrick Motorsports crew to restartMore >>
Jimmie Johnson became the first four-time winner of NASCAR's annual All-Star race Saturday night at Charlotte Motor Speedway.More >>
Sunday, May 19 2013 5:02 AM EDT2013-05-19 09:02:20 GMT
Indianapolis Firefighters worked two house fires just after midnight Sunday morning. Crews were dispatched to 2945 N. Chester Ave. at 12:07am. The homeowners noticed smoke in the kitchen area and leftMore >>
Indianapolis Firefighters worked two house fires just after midnight Sunday morning.More >>
NEW YORK -
Facebook's initial public offering of stock is shaping up to be one of the largest ever. The leading online social network is raising at least $16 billion.
Facebook priced its IPO at $38 per share late yesterday. That was at the high end of the expected range. If extra shares reserved to cover additional demand are sold as part of the transaction, Facebook. and its early investors stand to reap as much as $18.4 billion from the IPO.
The IPO values the company at around $104 billion, slightly more than Amazon.com, and well above well-known corporations such as Disney and Kraft.
The $38 is the price at which the investment banks orchestrating the offering will sell the stock to their clients. Facebook's stock is expected to begin trading on the Nasdaq Stock Market sometime this morning under the ticker symbol "FB." That's when so-called retail investors can try to buy the stock.
(Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.)
Saturday, May 18 2013 6:23 PM EDT2013-05-18 22:23:35 GMT
A new federal report says inmates at the Marion County Jail in Indianapolis are more likely to be sexually abused by guards than inmates at any other jail in the nation. The Justice department reportMore >>
A new federal report says inmates at the Marion County Jail in Indianapolis are more likely to be sexually abused by guards than inmates at any other jail in the nation.More >>
Sunday, May 19 2013 2:03 AM EDT2013-05-19 06:03:52 GMT
Putnam County Sheriff's Department said eastbound lanes of I-70 were closed as they tried to put out a semi fire, then get the mess cleaned up. Just before 2 a.m. one eastbound lane was opened. TheMore >>
I-70 east near Cloverdale is down to one lane due to semi fire.More >>
Saturday, May 18 2013 8:10 PM EDT2013-05-19 00:10:01 GMT
Ed Carpenter knew he was capable of another fast run, and it earned him the pole for the Indianapolis 500. The Indianapolis native bested IndyCar racing's big-name teams by claiming his first 500 poleMore >>
Ed Carpenter knew he was capable of another fast run, and it earned him the pole for the Indianapolis 500.More >>
Sunday, May 19 2013 5:02 AM EDT2013-05-19 09:02:20 GMT
Indianapolis Firefighters worked two house fires just after midnight Sunday morning. Crews were dispatched to 2945 N. Chester Ave. at 12:07am. The homeowners noticed smoke in the kitchen area and leftMore >>
Indianapolis Firefighters worked two house fires just after midnight Sunday morning.More >>
Sunday, May 19 2013 2:33 AM EDT2013-05-19 06:33:25 GMT
Check your ticket to see if you have the winning Powerball numbers: Tonight's $600 million jackpot is the largest jackpot in Powerball history and the second largest among U.S. Lottery jackpots. FingersMore >>
Check your ticket to see if you matched any Powerball numbers: 10-13-14-22-52 Powerball 11More >>
Saturday, May 18 2013 7:05 PM EDT2013-05-18 23:05:05 GMT
A central Indiana official says the tough conditions opponents of a planned wind farm are seeking for the project would leave little room for the proposed power-generating wind turbines. The wind farm'sMore >>
A central Indiana official says the tough conditions opponents of a planned wind farm are seeking for the project would leave little room for the proposed power-generating wind turbines.More >>
Saturday, May 18 2013 3:15 PM EDT2013-05-18 19:15:59 GMT
Northeastern Indiana authorities have charged 21 people in a welfare fraud scam alleging that they illegally exploited welfare benefits to stock a Fort Wayne restaurant's pantry shelves. All 21 chargedMore >>
Northeastern Indiana authorities have charged 21 people in a welfare fraud scam alleging that they illegally exploited welfare benefits to stock a Fort Wayne restaurant's pantry shelves.More >>
Friday, May 17 2013 3:18 PM EDT2013-05-17 19:18:48 GMT
CeCe Bruce has received a couple of large tips in her life, but nothing like he one she got Wednesday morning. CeCe, a waitress at the Steak 'n Shake restaurant at Keystone and 54th Street, receivedMore >>
CeCe Bruce has received a couple of large tips in her career, but nothing like the one she got Wednesday morning.More >>
Sunday, May 19 2013 8:58 AM EDT2013-05-19 12:58:21 GMT
A Los Angeles sheriff's spokesman says 'Terminator 2' star Edward Furlong has been arrested on suspicion of violating a restraining order filed by his ex-girlfriend. Sheriff's spokesman Steve WhitmoreMore >>
A Los Angeles sheriff's spokesman says 'Terminator 2' star Edward Furlong has been arrested on suspicion of violating a restraining order filed by his ex-girlfriend.More >>
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