Tuesday, May 21 2013 6:29 AM EDT2013-05-21 10:29:32 GMT
A tornado watch has been issued for several counties in central and western Indiana. The counties included in the watch are: Boone, Carroll, Clay, Clinton, Daviess, Fountain, Gibson, Greene, Hamilton,More >>
Thousands of Hoosiers are without power this morning after a line of severe thunderstorms swept through central Indiana overnight.More >>
Tuesday, May 21 2013 5:31 AM EDT2013-05-21 09:31:55 GMT
Crews along Interstate 65 in southern Indiana are reinforcing concrete anchors used in wire guardrails designed to prevent vehicles from crossing the median and crashing into oncoming traffic. The stateMore >>
Crews along Interstate 65 in southern Indiana are reinforcing concrete anchors used in wire guardrails designed to prevent vehicles from crossing the median and crashing into oncoming traffic.More >>
Tuesday, May 21 2013 5:25 AM EDT2013-05-21 09:25:23 GMT
A massive tornado touched down in Oklahoma, about an hour south of Oklahoma City, on Monday afternoon. There are numerous reports of injured people trapped in debris.More >>
Twenty children were among dozens confirmed killed by a massive tornado in Moore, Oklahoma Monday.More >>
Tuesday, May 21 2013 5:17 AM EDT2013-05-21 09:17:41 GMT
Metro Police detectives continue to search for a suspect, or suspects, responsible for a deadly shooting on the north side of Indianapolis. Just after midnight, police officers were sent to the 3500 blockMore >>
Metro Police detectives continue to search for a suspect, or suspects, responsible for a deadly shooting on the north side of Indianapolis. Just after midnight, police officers were sent to the 3500 blockMore >>
Tuesday, May 21 2013 5:07 AM EDT2013-05-21 09:07:47 GMT
A Purdue University economist says he experts gas prices this summer to be lower last year. Energy economics specialist Wally Tyner expects prices in the Midwest to be between $3.50 and $3.90 a gallon,More >>
A Purdue University economist says he experts gas prices this summer to be lower last year.
Tuesday, May 21 2013 4:47 AM EDT2013-05-21 08:47:12 GMT
The city of LaPorte is adding two environmentally friendly vehicles to its transit service. The LaPorte County Herald-Argus reports the city will unveil two 15-passenger vehicles powered by propane onMore >>
The city of LaPorte is adding two environmentally friendly vehicles to its transit service.More >>
Tuesday, May 21 2013 4:44 AM EDT2013-05-21 08:44:05 GMT
Two athletic-oriented groups will hold a public forum next week to discuss ways to turn central Indiana into a hub for sports innovation. The American College of Sports Medicine and the Indiana UniversityMore >>
Two athletic-oriented groups will hold a public forum next week to discuss ways to turn central Indiana into a hub for sports innovation.More >>
Tuesday, May 21 2013 1:26 AM EDT2013-05-21 05:26:16 GMT
Eric Garrett has lived in Delaware County his whole life - 38 years and counting - and he doesn't plan to leave. Not necessarily because he loves the county, but because he has unfinished business there. EricMore >>
Eric Garrett was four years old when his mother was murdered and he's spent the 34 years since that night trying to bring her killer to justice.More >>
Monday, May 20 2013 11:18 PM EDT2013-05-21 03:18:58 GMT
As emergency workers tried to rescue children trapped in a tornado-damaged school in Oklahoma, parents in Indiana are trying to find ways to make their own families safe in severe weather. Marion CountyMore >>
As emergency workers tried to rescue children trapped in a tornado-damaged school in Oklahoma, parents in Indiana are trying to find ways to make their own families safe in severe weather.More >>
Monday, May 20 2013 11:09 PM EDT2013-05-21 03:09:44 GMT
Two children have died and four others were injured in a far east side Indianapolis condominium fire Monday morning.More >>
Two children have died and four others were injured in a far east side Indianapolis condominium fire Monday morning. Firefighters believe the fire was accidental, but they haven't yet determined the cause.More >>
WASHINGTON -
A federal court in Louisiana is rejecting transactions by The Dow Chemical Co. that created $1 billion in what the U.S. Justice Department calls "phony tax deductions."
Justice said Wednesday that the tax-reduction scheme was created by Goldman Sachs and the law firm of King & Spalding.
It involved creating a partnership that Dow operated out of its European headquarters in Switzerland.
Justice said Chief Judge Brian Jackson ruled correctly in saying that the tax benefits created by the scheme were artificial and that the corporate structure was created to exploit weaknesses in the tax code, not for legitimate business reasons.
The judge also imposed unspecified penalties.
Assistant Attorney General Kathryn Keneally praised the decision, calling the tax-avoidance scheme "offensive to all taxpayers who pay their fair share."
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Tuesday, May 21 2013 6:29 AM EDT2013-05-21 10:29:32 GMT
A tornado watch has been issued for several counties in central and western Indiana. The counties included in the watch are: Boone, Carroll, Clay, Clinton, Daviess, Fountain, Gibson, Greene, Hamilton,More >>
Thousands of Hoosiers are without power this morning after a line of severe thunderstorms swept through central Indiana overnight.More >>
Monday, May 20 2013 7:38 PM EDT2013-05-20 23:38:14 GMT
Indianapolis Metro Police are asking for your help in locating 18-year-old Alexis Ricard. Alexis has been diagnosed as mildly mentally handicapped and functions at the level of a 12-year-old child. SheMore >>
Indianapolis Metro Police say a missing teenager was found safe at a friend's house Monday afternoon.More >>
Tuesday, May 21 2013 1:26 AM EDT2013-05-21 05:26:16 GMT
Eric Garrett has lived in Delaware County his whole life - 38 years and counting - and he doesn't plan to leave. Not necessarily because he loves the county, but because he has unfinished business there. EricMore >>
Eric Garrett was four years old when his mother was murdered and he's spent the 34 years since that night trying to bring her killer to justice.More >>
Monday, May 20 2013 6:20 PM EDT2013-05-20 22:20:47 GMT
A 10-year-old Indianapolis girl had high hopes for Saturday's Lemonade Day, a day when kids get the chance to learn about running a small business. Morgen Morris, who was sponsored by WIBC Radio, scoredMore >>
But just an hour into selling glasses of Peachy-Keen lemonade for 75 cents a glass, an IMS employee put the brakes on Morgen Morris' stand.More >>
Monday, May 20 2013 12:49 PM EDT2013-05-20 16:49:03 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 11:09 PM EDT2013-05-21 03:09:44 GMT
Two children have died and four others were injured in a far east side Indianapolis condominium fire Monday morning.More >>
Two children have died and four others were injured in a far east side Indianapolis condominium fire Monday morning. Firefighters believe the fire was accidental, but they haven't yet determined the cause.More >>
Monday, May 20 2013 5:39 PM EDT2013-05-20 21:39:19 GMT
Dog bites in Indiana cost one insurer $108 million in claims last year. Most of the incidents involved children and pets they knew. Now, a Washington Township homeowner is sounding the alarm in his neighborhoodMore >>
A Washington Township homeowner is sounding the alarm in his neighborhood over a suspected wolfdog, frequently on the loose.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 >>
Monday, May 20 2013 11:18 PM EDT2013-05-21 03:18:58 GMT
As emergency workers tried to rescue children trapped in a tornado-damaged school in Oklahoma, parents in Indiana are trying to find ways to make their own families safe in severe weather. Marion CountyMore >>
As emergency workers tried to rescue children trapped in a tornado-damaged school in Oklahoma, parents in Indiana are trying to find ways to make their own families safe in severe weather.More >>
Monday, May 20 2013 2:26 PM EDT2013-05-20 18:26:10 GMT
Jodi Arias' lawyers have asked to withdraw from the case and say they won't call any witnesses in the penalty phase of her trial. The stunning declaration came Monday after the judge denied their requestMore >>
Jodi Arias' lawyers have asked to withdraw from the case and say they won't call any witnesses in the penalty phase of her trial.More >>
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