IBJ Staff

Normal 0 false false false MicrosoftInternetExplorer4 Central Indiana home sales continue to lag last year’s pace, but the inventory of available houses is beginning to slip, according to the latest residential real estate report from Indianapolis-based Landrigan & Co. Realtors.   According to the report, which uses figures from the Metropolitan Indianapolis Board of Realtors, […]

Delphi Corp. announced yesterday that 200 workers have been put out of work at its electronics and safety plant in Kokomo, the Kokomo Tribune reported. Auto-parts maker Delphi, the city’s second-largest employer, told the newspaper that 120 workers have been laid off indefinitely while 80 have been terminated. The company expects even more layoffs through […]

Icon Metal Forming LLC in Corydon notified the Indiana Department of Workforce Development yesterday that it is cutting 140 jobs at its automotive stamping plant. Icon, a division of Ontario-based Martinrea International Inc., blamed the cuts on the temporary shutdown of General Motors Corp.   The cuts began May 6 and will be completed by […]

The second annual Race Around the Reservoir, a half-marathon and 5-kilometer run scheduled for May 16 at Geist Reservoir, is sold out, organizers announced yesterday. This year’s Geist Half Marathon, which follows a 13.1-mile course around the reservoir, drew 3,500 entrants, up from 2,500 for last year’s inaugural race. The 5K run drew 2,500 entrants, […]

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Noble Roman’s Inc. yesterday reported profit of $416,761, or 2 cents per share, in the first quarter, a 30-percent increase over the same period a year ago. The Indianapolis based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs […]

The former treasurer of a central Indiana Humane Society chapter has pleaded guilty to stealing more than $65,000 from the organization. Fifty-nine-year-old Sherri L. Sullivan of Anderson pleaded guilty today in Madison Superior Court to three counts of forgery and four counts of theft. Board members for the Madison County Humane Society contacted police in […]

Normal 0 false false false MicrosoftInternetExplorer4 Illinois-based Allstate Insurance Co. is working to recruit 55 new agency owners in Indiana by the end of 2010, the company said today. If successful, the recruitment push would boost Allstate’s Hoosier agent force by 25 percent, to 273. Allstate agents sell automobile, homeowners and other kinds of property […]

Manufacturing employment in Indiana has fallen 7.7 percent over the past year, according to the 2009 Indiana Manufacturers Directory, which is published annually by Manufacturers’ News Inc. of Evanston, Ill. MNI said Indiana lost 51,242 industrial jobs from March 2008 to March 2009 – the sharpest decline MNI ever has reported for the state. Indiana […]

Batesville-based Hillenbrand Inc., which provides caskets and other products to the funeral industry, today said its fiscal second-quarter profit rose 19 percent compared with the same period a year ago. For the period ending March 31, Hillenbrand earned $27.8 million, or 45 cents per share, meeting analysts’ expectations. Profit a year ago was $23.3 million, […]

One man was critically injured early this morning during a shooting on the east side of Indianapolis. The 49-year-old victim was shot during an apparent robbery attempt while sitting in his car in the 3800 block of East Michigan Street. The bullet severed an artery in his leg, but the man still was able to […]

Firefighters and paramedics can be counted on to rush to your side in an emergency, but many are now charging for the service. More and more, fire departments will bill you anywhere from a hundred dollars to several thousand dollars after responding to a routine call for help. They’re even hiring collection agencies to go […]

A Lawrence man accused of killing his estranged wife, a mother of six, made his initial court appearance this morning. Michael Yang, 52, has maintained his innocence, saying he was with a co-worker last Wednesday when Amenda Yang was murdered. According to court documents, the co-worker did not confirm Yang’s alibi. Prosecutors expect to file […]

The price of a first-class postage stamp climbed 2 cents today, to 44 cents, and several other postal rates also rose. It’s the third straight year rates have gone up. Other increases that went into effect today: Postcard stamps rose 1 cent, to 28 cents; the first ounce of a large envelope rose 5 cents, […]

Normal 0 false false false MicrosoftInternetExplorer4 Batesville-based Hillenbrand Inc., which provides caskets and other products to the funeral industry, today said its fiscal second-quarter profit rose 19 percent compared with the same period a year ago.   For the period ending March 31, Hillenbrand earned $27.8 million, or 45 cents per share, meeting analysts’ expectations. […]

Indianapolis-based White River Capital Inc. said today that profit in the first quarter fell 65 percent compared with the same period last year due to tough economic conditions. White River is the holding company for a pair of subprime auto-loan firms: locally based Union Acceptance Co. LLC and Virginia Beach, Va.-based Coastal Credit LLC. The […]

Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Conseco Inc. this morning reported a lower-than-expected profit of $24.5 million, or 13 cents per share, in the first quarter. That compares with a loss of $7.2 million, or 4 cents per share, in the same period […]