330 items found for your search. If no results were found please broaden your search.
(01/15/09 5:48am)
____simple_html_dom__voku__html_wrapper____>Besieged money manager Bernard Madoff has arrived at a Manhattan courthouse, where prosecutors are making another move to have him jailed.Madoff did not speak as he was ushered into the courthouse around 1:15 p.m. Wednesday. Metal barricades held back a large group of photographers.He was scheduled to appear in court around 2:30 p.m.Prosecutors are appealing a judge’s ruling that Madoff could remain free in his $7 million penthouse despite government claims he improperly sent valuable jewelry and watches to close relatives and friends.The hearing comes as investigators continue to dig through the former Nasdaq chairman’s financial records.Authorities say Madoff has described what he did with investor’s money as a $50 billion Ponzi scheme, paying investors with money raised from new clients.On Monday, U.S. Magistrate Judge Ronald L. Ellis ordered a tightening of Madoff’s $10 million bail conditions to require that his outgoing mail be monitored by a security firm and that an inventory be made of any valuables in his Upper East Side apartment. Madoff was already confined to his apartment with electronic monitoring and 24-hour guard.Prosecutors notified the court shortly afterwards that they would appeal the decision to a federal judge. The hearing Wednesday will focus on the appeal.
(01/15/09 5:47am)
____simple_html_dom__voku__html_wrapper____>Wall Street extended its 2009 retreat Wednesday, falling sharply after the government issued a dismal reading on retail sales and investors grew increasingly anxious about the banking industry. Major stock indexes lost more than 3 percent, including the Dow Jones industrial average, which fell about 250 points, its sixth straight slide.Although investors already knew that retailers suffered a terrible holiday season, a government report on December sales was much worse than anticipated. The Commerce Department said retail sales dropped 2.7 percent last month, more than double the 1.2 percent decline analysts forecasted.The pullback in sales marked a record sixth straight month of declines and was the latest sign of the troubles still facing consumers. A steep drop in home prices, rising unemployment and difficulty accessing credit have given many consumers no choice but to pare their spending. That’s troubling for investors because consumer spending accounts for more than two-thirds of U.S. economic activity. Many predict the recession, already the longest in a quarter-century, will persist at least until late this year.
(01/14/09 5:04am)
____simple_html_dom__voku__html_wrapper____>INDIANAPOLIS – New Indianapolis Colts coach Jim Caldwell says he wants to build on Tony Dungy’s success, not be a carbon copy of his former boss.The Colts introduced Caldwell as their coach Tuesday, a day after Dungy stepped down after seven seasons.Caldwell’s hiring was part of a succession plan the Colts announced last year when he was named associate head coach.Caldwell has a four-year deal, but team owner Jim Irsay would not disclose the financial details other than to say it was competitive for a first-time NFL head coach.Caldwell’s only previous head coaching experience came at Wake Forest, where he went 26-63 in eight seasons beginning in 1993.Caldwell said he would put his own stamp on the team, and that might include changes on the coaching staff.
(01/14/09 5:02am)
____simple_html_dom__voku__html_wrapper____>LAS VEGAS – Former IU coach Bob Knight, the winningest coach in Division I history, and former CBS sportscaster Billy Packer plan to analyze the NCAA men’s basketball tournament in a series of one-hour television programs taped at a race and sports book on the Las Vegas Strip.Packer told reporters on Monday that the show wouldn’t mention gambling even though it is to be filmed at the race and sports book at the Wynn Las Vegas.“Why Vegas is because Bob and I, and a lot of people, want to really experience what this is really like because we do think, next to being center court, this is the place to be,” Packer said.He said he has thought for years about coming to Las Vegas during the NCAA tournament.Packer, 68, left CBS at the end of last season after 27 years as the network’s lead college basketball analyst. Having spent previous years with NBC, Packer covered every Final Four since 1975, an unparalleled run for a national sports championship.“I remember a few years ago I said to myself, ‘Hey Billy, you know this has to stop sometime. And what are going to be the keys for you to not broadcast anymore if I have 100 percent control?’” Packer said. “There’s only so much time you have in life to do things you want to do, and so this Vegas idea and putting this stuff together ... that’s stuff I’d like to do.”The programs are expected to begin March 15 and air on Fox Sports Net. Packer said they would be taped after the teams are seeded in the tournament, after early round games and to analyze the Final Four before and after the games.Knight said he considered his role on the show as that of a recurring guest to give insights from his years as a coach. He said it would not affect his relationship with ESPN, where he is a college basketball analyst. He said he would contribute to ESPN during the NCAA tournament if asked.Knight, who won 902 games as coach, resigned from Texas Tech last February. He coached at Army and IU, where he won three national championships in 29 years.
(01/12/09 11:07pm)
Tony Dungy has retired after seven years as coach of the Indianapolis Colts, saying this was right moment.
(10/28/08 4:27am)
ANN ARBOR, Mich. – Michigan appears headed for a dubious milestone, but its players and coaches aren’t throwing in the towel.
Coach Rich Rodriguez and several players said Monday that their heads are high as the 2-6 Wolverines head into a make-or-break final stretch of games, starting this week at Purdue.
(09/08/08 1:03am)
____simple_html_dom__voku__html_wrapper____>A super-sharp Earth-imaging satellite that can detail an area the size of a baseball diamond’s home plate from space has been launched into orbit from Vandenberg Air Force Base on the central California coast.A Delta 2 rocket carrying the GeoEye-1 satellite lifted off at 11:50 a.m. Saturday. Video on the GeoEye Web site showed the satellite separating from the rocket moments later on its way to an eventual polar orbit.Arizona-based General Dynamics Advanced Information Systems, the satellite makers, say GeoEye-1 cost more than $500 million to build and launch.The satellite will orbit 423 miles up and circle the Earth more than a dozen times a day. In a single day, it can collect color images of an area the size of New Mexico, or a black-and-white image the size of Texas.-From Associated Press reports
(07/13/08 8:47pm)
____simple_html_dom__voku__html_wrapper____>INDIANAPOLIS – A prayer vigil for an Indianapolis policeman shot while trying to capture a homicide suspect drew friends, family members and other community members outside the hospital where the officer remains in a coma.Fishburn, 29, a five-year Indianapolis police veteran, was wounded Thursday in an exchange of gunfire with a man wanted in connection with one of the 11 killings that has occurred in the city over the past two weeks.“When he we heard that Jason Fishburn, one of the public servants that’s serving us, that’s watching out for us, had gone down, it was time for us to come up,” said one of the vigil’s organizers, Pastor A. Thomas Hill of the Healing Streams Word & Worship Center.The man accused of shooting Fishburn, Brian Reese, 36, of Indianapolis, was being treated in Wishard’s detention unit for a shoulder wound.Fishburn was among the officers searching for Reese when he was spotted in a van driven by Reese’s 66-year-old mother on the city’s east side, police said.Fishburn underwent surgery Thursday night at Wishard Memorial Hospital as doctors tried to relieve pressure on his brain from what Police Chief Michael Spears has called a “devastating wound to his head.”He remained in critical condition Saturday.Meanwhile, hundreds of people including fellow officers turned out for a blood drive in Fishburns’ name.“I was just compelled to do something to help the family out,” Capt. Dave Wilks said.
(06/26/08 12:08am)
WEST LAFAYETTE – The decision to raise the speed limit on Indiana’s interstate highways to 70 mph three years ago did not lead to more deaths or severe injuries from crashes, a Purdue University study found.\nState legislators heard worries that allowing speed limits on rural portions of interstates to rise from 65 mph would cause greater danger for motorists before the move was approved in 2005.\nFatalities on those highways, however, did not increase because drivers were already going faster than the posted speed limit and the differences in drivers’ speeds were lowered, said Fred Mannering, a civil engineering professor at Purdue who was the study’s co-author.\n“Most drivers are at 70 or 75,” he said. “When you have a driver at 55 and another at 80, you could see more accidents.”\nThe Purdue researchers used a series of mathematical equations to tally accident probabilities based on motor vehicle accident data from 2004 and 2006, the years before and after the speed limit increased.\nThe model took into account weather, type of vehicle and other variables.\nThe study found higher accident rates for some non-interstate highways where speeds were increased.\n“Interstate highways are designed for 70 miles-per-hour speeds,” Mannering said. “The interstate has the capacity to withstand those speeds.”\nIndiana State Police who patrol Interstate 65 in the Lafayette area have not seen an increase in fatalities since the speed limit was increased.\n“We are giving more tickets because we have increased the number of troopers at the post,” said state police Sgt. Kim Riley of the Lafayette post.\nSome regular drivers of I-65 also agreed with the study.\n“The amount of traffic, more cars on the road, leads to more accidents than the speed alone,” said Kevin Deboy, the owner of Deboy Trucking in Rossville.\nBob Combs, who has been commuting an hour from the Clinton County town of Mulberry to Indianapolis for 25 years, said he agreed with the decision to raise the speed limit.\n“If you run the interstate a lot, you’ll see people tend to be more alert and pay more attention when they are driving at these speeds,” Combs said. “Changing the speed was absolutely a good move.”
(06/26/08 12:03am)
WEST LAFAYETTE – The decision to raise the speed limit on Indiana’s interstate highways to 70 mph three years ago did not lead to more deaths or severe injuries from crashes, a Purdue University study found.\nState legislators heard worries that allowing speed limits on rural portions of interstates to rise from 65 mph would cause greater danger for motorists before the move was approved in 2005.\nFatalities on those highways, however, did not increase because drivers were already going faster than the posted speed limit and the differences in drivers’ speeds were lowered, said Fred Mannering, a civil engineering professor at Purdue who was the study’s co-author.\n“Most drivers are at 70 or 75,” he said. “When you have a driver at 55 and another at 80, you could see more accidents.”\nThe Purdue researchers used a series of mathematical equations to tally accident probabilities based on motor vehicle accident data from 2004 and 2006, the years before and after the speed limit increased.\nThe model took into account weather, type of vehicle and other variables.\nThe study found higher accident rates for some non-interstate highways where speeds were increased.\n“Interstate highways are designed for 70 miles-per-hour speeds,” Mannering said. “The interstate has the capacity to withstand those speeds.”\nIndiana State Police who patrol Interstate 65 in the Lafayette area have not seen an increase in fatalities since the speed limit was increased.\n“We are giving more tickets because we have increased the number of troopers at the post,” said state police Sgt. Kim Riley of the Lafayette post.\nSome regular drivers of I-65 also agreed with the study.\n“The amount of traffic, more cars on the road, leads to more accidents than the speed alone,” said Kevin Deboy, the owner of Deboy Trucking in Rossville.\nBob Combs, who has been commuting an hour from the Clinton County town of Mulberry to Indianapolis for 25 years, said he agreed with the decision to raise the speed limit.\n“If you run the interstate a lot, you’ll see people tend to be more alert and pay more attention when they are driving at these speeds,” Combs said. “Changing the speed was absolutely a good move.”
(05/29/08 1:29am)
INDIANAPOLIS – Local fans wanting to attend the 2012 Super Bowl in Indianapolis may have a hard time finding tickets.\nLucas Oil Stadium will seat 73,000 for the NFL championship game, but the Colts will receive only 5 percent of that capacity for hosting the game. That means about 3,600 tickets for Colts employees, sponsors and fans.\nThat could change if the Colts make it to the big game that year. The two teams playing in the Super Bowl each receive about 17 percent of the tickets, while about 25 percent of the tickets go to the NFL.\nThose who have the opportunity to buy tickets will need lots of cash. Last year, tickets cost $700 and $900. They could approach $1,000 or more for the 2012 game.
(05/23/08 9:18pm)
Hillary Rodham Clinton's presidential campaign has moved on from Indiana, leaving behind $55,000 in unpaid bills for campaign events at Indiana University.
(05/22/08 12:41am)
INDIANAPOLIS – Barack Obama’s campaign raised nearly twice as much money from Indiana residents as Hillary Rodham Clinton did in the weeks leading up to the state’s hotly contested Democratic primary.\nFederal Election Commission reports released Wednesday show that Obama collected about $220,000 in Indiana during April, while Clinton raised about $111,000.\nResidents have given Obama about $1.1 million overall, with Clinton raising about $775,000.\nThose totals are just a fraction of the estimated $8 million-plus that the campaigns spent on Indiana TV ads alone before the May 6 primary, which Clinton narrowly won.\nThe FEC records show that Republican John McCain raised about $68,000 last month in Indiana, for a total of $451,500.
(05/22/08 12:40am)
EVANSVILLE – Indiana State Police say they won’t take any action against two protesters who are camped out in trees near where the Interstate 69 extension is to be built along the Gibson-Warrick County line.\nState police spokesman Sgt. Todd Ringle said the protesters were allowed to remain in the trees because they are not scheduled to be cut down for construction.\nA man and a woman on the ground were asked to leave the property May 19 but were not arrested.\nRingle said state police have been preparing for protesters since plans for the I-69 extension were finalized.\nThe highway is to run from Evansville to Indianapolis. The first section to be built is a 13-mile stretch from Evansville to Oakland City, Ind.
(05/20/08 7:27pm)
INDIANAPOLIS (AP) — The 2012 Super Bowl is coming to Indianapolis.\nNFL owners voted Tuesday in Atlanta to award the game to Indianapolis, picking the city over Houston and Arizona.\nIndianapolis narrowly lost out to Dallas last year in its bid for the 2011 game.\nThe city's bid emphasized the new $700 million retractable-roof Lucas Oil Stadium and its experience hosting major sporting events such as the Indianapolis 500.\n"As a Colts fan, I'm thrilled," Governor Mitch Daniels said. "As a citizen of Indiana, I'm proud. This cements our state's reputation as a sports and big events capital"
(05/14/08 1:19pm)
CHARLESTON, W.Va. – Hillary Rodham Clinton coasted to a large but largely symbolic victory in working-class West Virginia on Tuesday, handing Barack Obama one of his worst defeats of the campaign yet scarcely slowing his march toward the Democratic presidential nomination.
(05/11/08 10:56pm)
MONTICELLO, Ind. – Many residents are still trying to get their lives back in order three months after winter floodwaters inundated homes across a large swath of Northern Indiana.\nThe flooding that began Jan. 7 damaged more than 800 homes and caused more than $33 million in damage stretching from Lafayette to South Bend to Fort Wayne. Federal disaster aid was eventually approved for 21 counties in that region.\n“People don’t realize it, but there are a lot of folks with a lot of needs out there,” said Alan Welch, director of Disaster Assistance for Northwest Indiana, a long-term recovery agency formed in response to the January and February floods.\nStarting Monday, teams from the Christian Reformed World Relief Committee Disaster Response program, often called “green shirts” because of their attire, will go door to door in flood-damaged areas.
(05/11/08 10:55pm)
INDIANAPOLIS – A judge has ordered the social-networking site Facebook to turn over information identifying the person who set up a fake profile in the name of a high school dean.\nMarion Superior Court Judge Robyn Moberly issued the order Friday, a day after Roncalli High School Dean of Students Tim Puntarelli sued the Web site, alleging harassment and identity theft by the unidentified creator of the profile.\nFacebook, based in Palo Alto, Calif., removed the fraudulent profile from its site after Roncalli officials reported it last month. A Facebook spokeswoman declined comment to The Indianapolis Star. The AP sent an e-mail seeking comment from Facebook.\nFacebook’s privacy policy requires a court order or subpoena before it will release identifying information.\nThe lawsuit said the posting included “pictures and messages inappropriate for a dean of students to send to a student.”\nMoberly’s emergency order required Facebook to preserve all information from the deleted profile.\nThe Archdiocese of Indianapolis, which operates Roncalli, doesn’t know whether the profile was created by a student or someone unconnected with the Catholic school on Indianapolis’ south side.\n“The archdiocese hopes to resolve the issue as quickly as possible in order to restore damage done to Puntarelli’s reputation and to prevent this type of identity theft from happening again,” the archdiocese said in a statement.\nSimilar profiles have been the subject of lawsuits in other states and have led to debate over whether they constitute defamation or parody protected by the First Amendment.
(04/23/08 4:28am)
Heavy spring rains that pushed Lake Monroe to near-record water levels have submerged boat ramps and roads, prompting state wildlife officials to open a ferry service to take boaters to their vessels.\nFrom a tent-like office near the lake’s shoreline, Roy Arthur mans a ferry station that has moved about every three days as the normally 10,750-acre reservoir recedes. Arthur said he’s at the station 24 hours a day to take boaters from shore to ship and back on his pontoon boat.\n“They come and go at all times,” he said. “They honk or call on the radio. Usually about the time I’m going to pour a cup of coffee I go get ’em.’\nArthur’s office at the Paynetown Recreational Area, about five miles southeast of Bloomington, is a tarp equipped with a coffee maker, microwave and a nearby campfire.\nMonday evening, his station was 10 feet from one of Paynetown’s submerged campsites.\nThe reservoir’s high waters have swamped portions of lakeside roads, lengthening local residents’ road trips to work because they have to drive around flooded areas.\nAnglers are excited, though, because the high waters have allowed them to reach fish-filled sections of the lake that previously were inaccessible to their boats.\nCarl Syphers of Indianapolis said he embarked on a fishing trip last weekend and was surprised by the number of fish he caught.\n“I’ve never had crappie fishing like this,” he said. “With high water, really high water, you can motor in and around the logs and the shrubbery where the fish are moving in. They’re moving in because of all the fresh food that can be found along the new shoreline.\n“The fish follow the food and I follow the fish,” he said.\nBarbara Shedd, who owns a nearby bait shop called The Fishin’ Shedd, said she’s had brisk sales so far this spring. Already, the glass on the counter near the register is filling up with Polaroid snapshots of strings of crappie and a group of teenagers holding up slippery catfish.\nPatty Robertson, the office administrator of the Army Corps of Engineers, urged boaters to be careful as they approach the lake’s new shorelines because there could be trees, bushes or even fences just below the surface.\nShe said the Army Corps is discharging as much water from the reservoir’s spillway as it can to lower the lake’s level, which is dropping 3 to 4 inches a day.\nRobertson said the lake reached 17 feet above its normal height on April 13, about a foot below the record set in 2002.
(04/16/08 3:42am)
Company pulls guards from East Chicago schools