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 >>
Saturday, May 18 2013 7:14 PM EDT2013-05-18 23:14:03 GMT
A new interactive display that documents the lives and accomplishments of Indiana's politically prominent Bayh family has opened at Indiana State University. About 250 Indiana Democrats and others attendedMore >>
A new interactive display that documents the lives and accomplishments of Indiana's politically prominent Bayh family has opened at Indiana State University.More >>
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 7:00 PM EDT2013-05-18 23:00:45 GMT
A Purdue University official says the school has made fast progress finding $40 million in savings or new revenue to support a two-year tuition freeze announced in March. Purdue treasurer Al Diaz tellsMore >>
A Purdue University official says the school has made fast progress finding $40 million in savings or new revenue to support a two-year tuition freeze announced in March.More >>
Saturday, May 18 2013 6:56 PM EDT2013-05-18 22:56:01 GMT
Statement from the Indiana Pacers: Over the last two days under the care of the Indiana Pacers' medical staff, George Hill has participated in each step of the NBA's Return-to-Participation Exertion ProtocolMore >>
Indiana Pacers guard George Hill has been cleared to play Saturday night against the New York Knicks in Game 6 of the Eastern Conference semifinal series. More >>
Saturday, May 18 2013 6:45 PM EDT2013-05-18 22:45:02 GMT
Oxbow has won the Preakness, ruining Orb's bid to capture the Triple Crown. Oxbow led from start to finish. It was the sixth Preakness victory for Hall of Fame trainer D. Wayne Lukas and 15th Triple CrownMore >>
Oxbow has won the Preakness, ruining Orb's bid to capture the Triple Crown.More >>
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 >>
Saturday, May 18 2013 4:56 PM EDT2013-05-18 20:56:07 GMT
Pole Day at the Indianapolis Motor Speedway meant a lot more than just racing. This was a family affair with a little bit of something for everyone for non-stop entertainment. The day's festivities startedMore >>
Pole Day at the Indianapolis Motor Speedway meant a lot more than just racing. This was a family affair with a little bit of something for everyone for non-stop entertainment.More >>
Saturday, May 18 2013 4:03 PM EDT2013-05-18 20:03:11 GMT
It's less about the lemonade and more about the lesson. More than 20,000 local children got their first taste of the business world Saturday when they took part in Lemonade Day. The work behind JohnMore >>
It's less about the lemonade and more about the lesson.More >>
Saturday, May 18 2013 3:32 PM EDT2013-05-18 19:32:54 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 >>
There could be bumping at Indianapolis this weekend.More >>
NEW YORK -
General Electric plans to boost share buybacks to about $10 billion in 2013, thanks to the early sale of its stake in NBCUniversal.
GE announced Tuesday that it is selling its remaining 49 percent stake in the NBCUniversal joint venture to cable operator Comcast for $16.7 billion. GE's board voted to increase its overall share repurchase authorization from the current $23 billion to $35 billion.
"This transaction allows us to significantly increase the cash we plan to return to shareholders in 2013, to approximately $18 billion, and to continue to invest in our industrial business," GE CEO Jeff Immelt said in a statement.
GE will book a $1 billion pretax gain from the sale, but says that will be offset by restructuring costs.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Saturday, May 18 2013 10:40 AM EDT2013-05-18 14:40:00 GMT
Allison Jacob of Indianapolis who is a junior at Ball State University where she's majoring in Communications and Public Relations was named the 2013 500 Festival Queen on Saturday morning. She graduatedMore >>
Ball State student Allison Jacob named 2013 500 Festival Queen. More >>
Saturday, May 18 2013 4:18 AM EDT2013-05-18 08:18:20 GMT
The winning numbers were drawn Friday night in the $190 million Mega Millions jackpot. The winning numbers were 11, 15, 35, 43, 49, with a MegaBall number of 41. Saturday night, numbers will be drawnMore >>
The winning numbers were 11, 15, 35, 43, 49, with a MegaBall number of 41.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 >>
Saturday, May 18 2013 6:43 AM EDT2013-05-18 10:43:31 GMT
A car came very close to crashing into someone's home near Lawrence. It started with a brief police chase after the officer tried to pull the driver over for a traffic stop. It ended on Conreid Drive,More >>
Saturday, May 18 2013 9:14 AM EDT2013-05-18 13:14:33 GMT
The son of the U.S. national swim team director is reporting that Michael Phelps is planning a comeback for the 2016 Rio Olympics. Peter Busch, whose father Frank oversees the American program, is a newsMore >>
The son of the U.S. national swim team director is reporting that Michael Phelps is planning a comeback for the 2016 Rio Olympics.More >>
Saturday, May 18 2013 1:58 PM EDT2013-05-18 17:58:30 GMT
The San Diego Chargers have agreed to a two-year deal with star pass rusher Dwight Freeney that could be worth $13.35 million. The deal to bring Freeney to the Chargers came four days after outside linebackerMore >>
The San Diego Chargers have agreed to a two-year deal with star pass rusher Dwight Freeney that could be worth $13.35 million.More >>
Saturday, May 18 2013 1:06 AM EDT2013-05-18 05:06:01 GMT
Visitors and employees of Indiana University Health will no longer be able to buy sugary drinks from cafeterias, vending machines and gift shops on hospital campuses. Indiana University Health implementedMore >>
Visitors and employees of Indiana University Health will no longer be able to buy sugary drinks from cafeterias, vending machines and gift shops on hospital campuses.More >>
Saturday, May 18 2013 1:19 PM EDT2013-05-18 17:19:05 GMT
Point guard George Hill will be a game-time decision as the Pacers try to close out the Knicks. After Indiana's shootaround Saturday morning, coach Frank Vogel did not say whether Hill had passed hisMore >>
Point guard George Hill will be a game-time decision as the Pacers try to close out the Knicks.More >>
Saturday, May 18 2013 1:13 PM EDT2013-05-18 17:13:48 GMT
A Lafayette program designed to help the homeless, victims of domestic violence and nonviolent offenders is carrying on its mission despite the loss of federal funding. Efforts started under the WeedMore >>
A Lafayette program designed to help the homeless, victims of domestic violence and nonviolent offenders is carrying on its mission despite the loss of federal funding.More >>
Friday, May 17 2013 10:59 PM EDT2013-05-18 02:59:44 GMT
A mother is pleading with police and her neighbors to try and find the driver who struck her son in a hit and run crash. Daniel Lopez is in critical condition, fighting for his life at the hospital. PoliceMore >>
Police still don't know who struck seven-year-old Daniel Lopez, who remains in critical condition in a coma. More >>
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