Area homebuilders see surge in demand to start 2024
Applications for new home construction in central Indiana rose 77% in January on a year-over-year basis, according to the Builders Association of Greater Indianapolis.
IBJ Staff
Articles
Sales of existing homes in central Indiana reach two-year slump
Sales of existing homes in central Indiana have fallen for 24 straight months on a year-over-year basis., but the market showed signs of improvement in January amid a small decline in mortgage rates.
All-Star updates: Viewer ratings surged for All-Star Saturday Night events | Lil Wayne provides energetic finale for NBA concerts
Lil Wayne closed out the NBA All-Star Weekend concert schedule with a vigorous showing Sunday at the Indiana Convention Center, pouncing on hip-hop tunes worthy of head-banging and employing a vulnerable touch on a handful of ballads.
Lucas Oil Products looks within for new CEO and president
The lubricant and fuel-additive company on Friday announced the promotion of Morgan Lucas to CEO and Katie Lucas to president as part of a family-leadership-transition plan.
Carmel man sentenced to 8-plus years in prison for fraud, identity theft
Investigators say Tuong Quoc Ho devised and led a complex, international scheme from 2013 to 2020 to defraud multiple victims in the United States and abroad of about $2 million.
Indiana’s state budget director stepping down to become Carmel’s CFO
Zachary “Zac” Jackson, who has led the State Budget Agency as director for nearly five years, is leaving state government to become chief financial officer and controller for the city of Carmel, the Indiana governor’s office announced Monday.
Photo gallery: Downtown preps for All-Star Weekend
Workers continued hanging banners and organizing retail and event spaces downtown on Sunday in advance of All-Star Weekend, which kicks off Thursday and runs through the All-Star Game on Feb. 18.
UIndy receives $6M gift for expansion of honors college
The University of Indianapolis on Thursday said it would use the donation from former banking executive Laura Strain for a major expansion of the Ron and Laura Strain Honors College.
Spartz changes mind, decides to run for re-election
U.S. Rep. Victoria Spartz, who had been waffling in recent weeks on her decision to leave Congress, on Monday morning announced her intent to file for re-election, a move that will make for a complicated GOP primary in which several other Republicans have announced plans to run for her seat.
The RoomPlace to close all six Indianapolis-area stores
The restructuring plan will allow the business to refocus its efforts on strengthening its 18 Chicagoland stores, a news release stated.
South Korean chipmaker chooses Indiana for cutting-edge plant, report says
SK Hynix, one of the world’s largest semiconductor chip makers, plans to build a high-tech packaging plant in Indiana, according to a report Thursday in the Financial Times.
Tired of hostile Washington, China courts Indiana and Minnesota
Chinese officials are seizing on opportunities to forge ties with mayors and other local American leaders, the kinds of connections that give Beijing leverage against an increasingly hostile government in Washington.
Butler picks next athletic director from 2010, 2011 Final Four teams
A former scholarship player for Brad Stevens, Grant Leiendecker returned to Butler University in 2023 after spending the previous four years in athletic department leadership roles at Marquette University.
NBA unveils uniforms for 2024 NBA All-Star Game in Indianapolis
The Jordan Brand jerseys and shorts were “designed from the idea that basketball was raised in Indiana,” the NBA said.
Area homebuilders optimistic after late-year surge in permit filings
After a dismal first half, applications for new home construction rose significantly during the last six months of the year in the nine-county area.
Pitney Bowes closing Greenwood facility, eliminating 100 jobs
The closure comes about six months after Pitney Bowes announced it was eliminating 311 jobs as part of a decision to do away with parcel delivery and returns operations at the facility.
Report: Colts owner Irsay found unresponsive last month after suspected overdose
TMZ reported that Colts owner Jim Irsay was found in his bed, unresponsive, cold to the touch and gasping for air around 4:30 a.m. Dec. 8.
Avoid local emergency rooms for mild illness, health department urges
Hospitals in Marion County have reported a surge in patients, placing many of them at capacity, the health department said.
Indianapolis women sentenced after embezzling $270K from WFYI
A woman who worked as an accounting specialist at WFYI Public Media from 2018 to 2020 and her co-conspirator have been sentenced to three years of probation.
Indianapolis psychologist seeks Democratic nomination for U.S. Senate
Valerie McCray, a clinical psychologist from Indianapolis, will seek the Democratic nomination for the U.S. Senate seat now held by Republican Mike Braun, who is running for governor.