A 22-year-old homeless man is being held tonight after prosecutors said he set a fire that gutted a $28 million six-story apartment complex under construction in downtown Indianapolis earlier this month. Brandon L. Burns faces preliminary felony charges of arson and intimidation in the March 12 blaze, Marion County Prosecutor Carl Brizzi said at a […]
The economy shrank at a 6.3-percent pace at the end of 2008, the worst showing in a quarter-century, and it probably isn’t doing much better now. The U.S. Commerce Department today reported that the gross domestic product shrank a bit faster than the 6.2-percent annualized drop estimated a month ago for the October-December quarter. GDP […]
Columbus Regional Hospital, which was badly damaged by flooding last year, has applied for federal funding toward its $108 million expansion plans. Hospital officials had planned to break ground last fall on construction of a project that included a five-story pavilion, some 60 private patient rooms and an expanded emergency department. Those plans, however, were […]
Gov. Mitch Daniels signed a bill into law yesterday that allows the state’s finance authority to negotiate long-term contracts to buy and sell synthetic natural gas from a planned southern Indiana coal-gasification plant. Daniels said the law would save Indiana’s natural gas users billions of dollars by ensuring a steady supply of synthetic natural gas […]
Gov. Mitch Daniels has signed into law a bill he says will save Indiana’s natural gas users billions of dollars in the coming years. The law allows the Indiana Finance Authority to negotiate 30-year contracts to buy and sell synthetic natural gas from a coal-gasification plant that is planned for construction along the Ohio River. […]
Tipton County filed a $14.1 million claim against Getrag Transmission LLC yesterday in the U.S. Bankruptcy Court for the Eastern District of Michigan, the Kokomo Tribune reported. The claim covers all costs incurred by the county in regard to the canceled construction of a transmission plant, Michael McCrory, an Indianapolis attorney representing Tipton County, told […]
Rob Koharchik, 40, has designed sets for local theaters including IRT and the Civic, developing a national reputation along with a keen eye for detail and an uncanny ability to marry form with function.
In the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come
up with solutions that will be difficult for both Democrats and Republicans to accept.
Inflation nearly disappeared in January for the first time in 50 years, with only a slight rise in the Consumer Price Index saving the country from deflation. Rising prices are hardly a concern now, as the depressed auto and real estate sectors can attest. But economists fear inflation might pose a threat as early as […]
Uptown Realty Investors, owners of two vacant buildings and a fenced lot along Washington Street downtown, aren’t giving up
on redevelopment even after their plans for a $40 million mixed-use structure fell apart.
A rough economy hasn’t calmed the grudge match between drugstore giants Walgreen Co. and CVS Caremark.
This week, pirates take over Indianapolis Opera, and a trio of plays isn’t the half of it at the Humana Festival of New American
Plays.
This week, pirates take over Indianapolis Opera, and a trio of plays isn’t the half of it at the Humana Festival of New American Plays. There is no logical reason for a man to be accidentally indentured to a pirate king because of a minor error…and stay on board for years. There is no logical […]
Inflation nearly disappeared in January for the first time in 50 years, with only a slight rise in the Consumer Price Index saving the country from deflation. Rising prices are hardly a concern now, as the depressed auto and real estate sectors can attest. But economists fear inflation might pose a threat as early as […]
The owners of two vacant buildings and a fenced lot along Washington Street downtown aren’t giving up on redevelopment even after their plans for a $40 million mixed-use structure fell apart. A group called Uptown Realty Investors led by brokers John Demaree and Bill Ehret is talking with potential restaurant tenants to anchor a new […]
This week, pirates take over Indianapolis Opera, and a trio of plays isn’t the half of it at the Humana Festival of New American Plays. There is no logical reason for a man to be accidentally indentured to a pirate king because of a minor error…and stay on board for years. There is no logical […]
With one hand, Rob Koharchik refills his tall coffee cup with liquid energy. With the other, he cradles rolled-up floor plans like a football. He quickly climbs several flights of dark concrete steps to reach a small stage, where a worker on a lift is filling a jury-rigged bucket with fake flower petals. In less […]
Valero Energy will buy seven ethanol plants and a key development site in the Indiana city of Reynolds from VeraSun Energy for $477 million, the largest biofuel buyout ever in terms of production capacity. VeraSun, the country’s second largest ethanol producer, filed for Chapter 11 bankruptcy protection last October. VeraSun suspended construction of a 110-million-gallon-a-year […]
Carmel-based software firm Information Systems Experts LLC plans to expand its operations and create up to 10 new positions, the firm announced this morning. The company said it would invest more than $287,000 to upgrade equipment at its 8,000-square-foot headquarters in Carmel. ISE received a $21,000 grant from the state’s Skills Enhancement Fund to train […]
Indianapolis-based Bowen Engineering Corp. has been selected by Horizon Wind Energy LLC as contractor for its Meadow Lake wind farm in White County, the companies announced today. Houston-based Horizon’s wind farm in northwest Indiana will consist of 121 wind turbines that can generate 200 megawatts of power. The estimated cost of the project is $500 […]
