U.S. Rep. Mike Pence says a proposal by congressional Democrats to regulate gases some blame for global warming could cost the average American household more than $3,000 a year in higher energy costs. Pence, a Republican from Indiana, said Democrats’ proposed cap-and-trade legislation to deal with carbon dioxide emissions would also drive more American manufacturing […]
Cap and trade could lead us to a much cleaner, more prosperous future or it could devastate our economy.
U.S. jobless claims fell more than expected for the second straight week, but the number of Americans continuing to receive unemployment insurance benefits rose above 6 million for the first time. Analysts expect the labor market to remain weak for the most of this year, as many employers are reluctant to hire until an economic […]
Pulte Homes Inc. agreed to acquire Centex Corp. today in a stock-for-stock deal valued at $1.3 billion that will create the nation’s largest homebuilding company. The transaction, which also includes $1.8 billion of debt, will give the combined business a strong liquidity position with more than $3.4 billion in cash as of March 31. The […]
Update: The Louisville Convention and Visitors Bureau apparently isn’t giving up yet on marketing to Indianapolis residents. This afternoon, LCVB said they still plan to bring their motor coach to Indianapolis on April 14 to try to lure locals to the…
The number of new housing projects that builders broke ground in February rose sharply, defying economist forecasts for yet another drop in activity. The Commerce Department reported today that construction of new homes and apartments jumped 22.2 percent from January to a seasonally adjusted annual rate of 583,000 units. Economists were expecting construction to drop […]
Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards
will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.
Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there. The case filed in Hamilton Superior Court could be the first of many legal challenges […]
Supporters of new driver’s license requirements for teenagers are holding a rally today at the Indiana Statehouse. They’re trying to encourage lawmakers to pass Senate Bill 16, which is designed to help lower the number of deaths among teens involved in car accidents. The bill would ban teens from using cell phones while driving. It […]
The city’s Metropolitan Development Commission voted unanimously, 8 to 0, last week to allow a crematorium to be built near the corner of Allisonville Road and 82nd Street. Harry W. Moore Funeral Care will now go ahead with plans to build the one-story, 1,600-square-foot crematory, said David L. Ring, who owns the funeral home. The […]
More than 50 Indianapolis police officers will no longer be allowed to work off-duty at a metal recycling business that is under investigation in the alleged purchase of stolen scrap metal. Raids by police and federal officials on six Indianapolis OmniSource scrap yards yesterday marked the culmination of a yearlong investigation. No one was arrested […]
The Obama administration recently reversed a Bush-era policy that prevented states from imposing some of their own environmental policies with respect to corporate average fuel efficiency, or CAFE, standards.
A Florida firm is suing to overturn Indiana’s resident-ownership law regarding liquor.
The nation’s largest liquor distributor is suing the state in hopes of overturning an arcane law that requires distributors doing business here to be owned by Indiana residents. Southern Wine & Spirits of Indiana Inc., part of a Miami-based company that does business in 30 states and distributes about 20 percent of the country’s booze, […]
Here’s something that passes as good news for central Indiana’s moribund housing market: Prices might hold steady this year,
after falling nearly 7 percent from their 2006 peak.
Here’s something that passes as good news for central Indiana’s moribund housing market: Prices might hold steady this year, after falling nearly 7 percent from their 2006 peak. Economists and other real estate professionals say the economy may start to recover in the second half of the year, boosting demand just as the glut of […]
Davis Homes, one of the state’s largest home builders, fell victim to the tough housing market, ceasing operations July 23.
The Morgan County Plan Commission has endorsed a new sign ordinance that requires electronic billboards to change no more
than once every 15 seconds.
Ink cartridges signal that they’re empty when they’re not, but consumers can take steps to judiciously use all the ink in any computer printer cartridge.
Here’s a common scenario: A developer gets approval on zoning and planning permits to build a business on a piece of property. The business has signed an agreement to either lease or buy the building once it’s completed. The owner of the business then begins making plans to open the new facility. The developer, meanwhile, goes to work to prepare the property for construction, which includes everything from figuring out the utilities, access road, curbs, sidewalks and landscaping. Working with…
