Monday, May 20 2013 11:05 AM EDT2013-05-20 15:05:20 GMT
Fifty-three-year-old Paul Bateman, a former Indianapolis City-County Council member, faces sentencing on charges of using a charitable foundation to defraud an investor out of $1.7 million.More >>
Paul Bateman, a former Indianapolis City-County Council member, faces sentencing on charges of using a charitable foundation to defraud an investor out of $1.7 million.
Monday, May 20 2013 11:00 AM EDT2013-05-20 15:00:42 GMT
Some key Indiana legislators say it's unlikely that the state will any time soon go along with a federal safety board's recommendation that the threshold for drunken driving be cut nearly in half. TheMore >>
Some key Indiana legislators say it's unlikely that the state will any time soon go along with a federal safety board's recommendation that the threshold for drunken driving be cut nearly in half.More >>
Monday, May 20 2013 9:01 AM EDT2013-05-20 13:01:12 GMT
Construction has stopped on a pharmaceutical facility being built with a $6 million loan from Greenwood. The city attorney says the city could foreclose on the Elona Biotechnologies facility.More >>
Construction has stopped on a pharmaceutical facility being built with a $6 million loan from a suburban Indianapolis city. Greenwood city attorney Krista Taggart says the city could foreclose on the Elona Biotechnologies facility within the next few weeks unless new investors take over the company. More >>
Monday, May 20 2013 7:27 AM EDT2013-05-20 11:27:10 GMT
If you're accustomed to free parking in Speedway during the Indianapolis 500, you may have to rethink your plans. New restrictions for some residential streets around the track are in place.. And if youMore >>
If you're accustomed to free parking in Speedway during the Indianapolis 500, you may have to rethink your plans. New restrictions for some residential streets around the track are in place.. And if you violate them, it could cost you.More >>
Monday, May 20 2013 6:45 AM EDT2013-05-20 10:45:09 GMT
The Indiana Pacers return to practice on Monday, getting ready for game one of the Eastern Conference Finals and the Miami Heat. The Pacers are coming off an electrifying win Saturday night at BankersMore >>
The Indiana Pacers return to practice on Monday, getting ready for game one of the Eastern Conference Finals and the Miami Heat. The Pacers are coming off an electrifying win Saturday night at BankersMore >>
Monday, May 20 2013 5:35 AM EDT2013-05-20 09:35:08 GMT
Safety for an international event like the Indy 500 is planned well in advance. However, those plans are constantly changed and updated, depending on what's happening the day of the race. For the firstMore >>
Safety for an international event like the Indy 500 is planned well in advance. However, those plans are constantly changed and updated, depending on what's happening the day of the race.More >>
Monday, May 20 2013 5:30 AM EDT2013-05-20 09:30:16 GMT
One of several tornadoes spawned by a powerful storm system rumbling through the Plains and Midwest has leveled several mobile homes in an area southeast of Oklahoma City. Reports of injuries in theMore >>
One of several tornadoes spawned by a powerful storm system rumbling through the Plains and Midwest has leveled several mobile homes in an area southeast of Oklahoma City. One man was found dead there.More >>
Monday, May 20 2013 4:40 AM EDT2013-05-20 08:40:34 GMT
Tuesday is the next deadline to sign up for Indiana's Do Not Call registry. Since January, the state attorney general's office says it has received more than 5,000 complaints about telemarketing callsMore >>
Tuesday is the next deadline to sign up for Indiana's Do Not Call registry.More >>
Monday, May 20 2013 4:37 AM EDT2013-05-20 08:37:09 GMT
A groundbreaking female rabbi has retired from her Indianapolis congregation. Rabbi Sandy Eisenberg Sasso retired last week as a senior rabbi of Congregation Beth-El Zedeck in Indianapolis after 26 yearsMore >>
A groundbreaking female rabbi has retired from her Indianapolis congregation.More >>
SYDNEY -
An Australian court has ruled that global ratings agency Standard & Poor's misled investors when it gave the highest investment rating to complex and risky securities before the global financial crisis.
The Federal Court ruling is the first in the world on a rating agency's liability for investors' losses and may have implications for Fitch and Moody's.
Judge Jayne Jagot ruled that S&P and ABN Amro, which is now owned by the Royal Bank of Scotland, were liable for advice given and distribution of the derivatives to several Australian local governments.
The value of the derivatives, which were rated AAA by S&P, tumbled during the crisis.
S&P plans to appeal the decision, which could cost it and the bank $31 million in damages.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Monday, May 20 2013 6:45 AM EDT2013-05-20 10:45:09 GMT
The Indiana Pacers return to practice on Monday, getting ready for game one of the Eastern Conference Finals and the Miami Heat. The Pacers are coming off an electrifying win Saturday night at BankersMore >>
The Indiana Pacers return to practice on Monday, getting ready for game one of the Eastern Conference Finals and the Miami Heat. The Pacers are coming off an electrifying win Saturday night at BankersMore >>
Monday, May 20 2013 7:27 AM EDT2013-05-20 11:27:10 GMT
If you're accustomed to free parking in Speedway during the Indianapolis 500, you may have to rethink your plans. New restrictions for some residential streets around the track are in place.. And if youMore >>
If you're accustomed to free parking in Speedway during the Indianapolis 500, you may have to rethink your plans. New restrictions for some residential streets around the track are in place.. And if you violate them, it could cost you.More >>
Monday, May 20 2013 8:53 AM EDT2013-05-20 12:53:06 GMT
There could be bumping at Indianapolis this weekend. Schmidt Peterson Motorsports said Saturday afternoon that it has hired British driver Katherine Legge to drive the No. 81 car. That gives IndianapolisMore >>
British driver Katherine Legge has become the 33rd driver to qualify for next week's Indianapolis 500, assuring race organizers of a full field.More >>
Monday, May 20 2013 5:35 AM EDT2013-05-20 09:35:08 GMT
Safety for an international event like the Indy 500 is planned well in advance. However, those plans are constantly changed and updated, depending on what's happening the day of the race. For the firstMore >>
Safety for an international event like the Indy 500 is planned well in advance. However, those plans are constantly changed and updated, depending on what's happening the day of the race.More >>
Monday, May 20 2013 9:01 AM EDT2013-05-20 13:01:12 GMT
Construction has stopped on a pharmaceutical facility being built with a $6 million loan from Greenwood. The city attorney says the city could foreclose on the Elona Biotechnologies facility.More >>
Construction has stopped on a pharmaceutical facility being built with a $6 million loan from a suburban Indianapolis city. Greenwood city attorney Krista Taggart says the city could foreclose on the Elona Biotechnologies facility within the next few weeks unless new investors take over the company. More >>
Sunday, May 19 2013 3:25 PM EDT2013-05-19 19:25:56 GMT
Conservation officers recovered the body of a woman from the Empire Quarry in southern Indiana early Sunday morning. Officers were called to the quarry after a report of a body floating in the water.More >>
Conservation officers recovered the body of a woman from the Empire Quarry in southern Indiana early Sunday morning.More >>
Monday, May 20 2013 5:30 AM EDT2013-05-20 09:30:16 GMT
One of several tornadoes spawned by a powerful storm system rumbling through the Plains and Midwest has leveled several mobile homes in an area southeast of Oklahoma City. Reports of injuries in theMore >>
One of several tornadoes spawned by a powerful storm system rumbling through the Plains and Midwest has leveled several mobile homes in an area southeast of Oklahoma City. One man was found dead there.More >>
Sunday, May 19 2013 1:10 PM EDT2013-05-19 17:10:17 GMT
A crash involving three vehicles near Muncie has sent as many as seven people - including five children - to a hospital. Officers on scene tell The Star Press that all of the injuries are non-life-threatening. TheMore >>
A crash involving three vehicles near Muncie has sent as many as seven people - including five children - to a hospital.More >>
Monday, May 20 2013 3:38 AM EDT2013-05-20 07:38:58 GMT
The Indianapolis 500 does not start without Jim Nabors and the Pacers don't advance in the NBA Playoffs without hearing at least one "boom baby" from Slick Leonard. Some traditions you just don't messMore >>
The last time the Pacers played on race day was 2004. It will happen again Sunday, opening the possibilities for fans to see both. They might even get tickets to both for $100 total.More >>
Experts say the officer who killed a Long Island college student and a home invasion suspect on Friday was confronted with a split-second choice.More >>
The college student was being held in a headlock by a masked intruder with a loaded gun to her head, police said. Then the gunman took aim at an officer.More >>
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