The ongoing crime wave in Indianapolis has resulted in a surge in gun sales, WXIN-TV Channel 59 reports.
With each big crime comes another spurt in purchases.
Indianapolis police say applications for first-time permits in July were up 15 percent…
Paul Shoopman could have sat on the sidelines savoring the fact that he sold his homebuilding firm in 2004, just months before the market began a calamitous slide. But that’s not Shoopman, who’d been building houses since 1971, the year he graduated from high school. His dad loaned him the money for his first lot, and co-signed for the construction loan. Shoopman built Dura Builders Inc. into Indianapolis’ fifth-largest homebuilder before selling it to Los Angeles-based KB Home. A little…
Residential real estate brokers are an optimistic bunch, finding plenty of room for hope even when the outlook is grim.
But lately, many of them are downright giddy, and for good reason: Evidence is mounting that a new $7,500
government incentive for first-time homeowners is starting to push buyers off the sidelines.
Wow, what a busy day. First off: No luck so far snagging a rendering of the new Buffalo Wild Wings under construction along Washington Street…
The collapse of Davis Homes doesn’t mean the Davis family will stop building houses altogether in the Indianapolis area. Davis Homes CEO Brad Davis said today he plans to begin building custom and semi-custom houses before the end of the year. Davis said he plans to start on his native north side by tapping relationships […]
A new law that went into effect July 1 says patients no longer need a physician referral before receiving acupuncture treatments. The upshot for a profession that only became legal in the state within the past 10 years is that acupuncturists should benefit from a boost in business. Competition is expected to increase as well, as the favorable conditions could prompt more of them to seek licenses in Indiana. The referral requirement has been a thorn in the side of…
Sky-high oil prices have rekindled an industry in east-central Indiana that many thought had run its course a century ago.
A handful of wily prospectors motivated by oil prices approaching $150 a barrel are betting that’s not the case.
Americans are in a tough spot when it comes to negotiating free trade agreements. With the exception of a small Scandinavian country and a couple of European principalities, everyone we trade with has lower wages, weaker environmental standards, and less personal liberty. So it is easy to argue that we shouldn’t trade with a country until it becomes like us. This is the siren song of economic catastrophe. Here’s why. First, countries don’t trade with each other; people do. The…
A depression in the home-building market has claimed a Fishers builder and continues to hammer locally based Davis Homes LLC–a
powerhouse for years that now is facing foreclosure on about 80 home sites.
SHELBY COUNTY BANKING on BEANS Integrity Biofuels in Morristown persevering despite run-up in soy prices MORRISTOWN-Two years ago this August, the biggest thing in this Shelby County town of 1,300 residents was not the Bunge North America soybean processing plant. Not even its three silos, each as big as an aircraft carrier planted upright by […]
Less than a week after ATA Airlines Inc. filed for bankruptcy and shut down April 3, Barbara Greene, a 24-year employee, was feeling good about finding a new job. The 52-year-old former government affairs worker coordinated the issuance of permits planes needed for landing in or flying over other countries. Her years with the airline included work with international agencies and travel to foreign locales. She credits her positive outlook to the help she’s receiving from a WorkOne training center…
Environmentalists are accusing the Indiana Department of Environmental Management of putting economic development above its core mission of protecting human health and the environment, reports the Post-Tribune of Merrillville. In particular, environmentalists say, the agency is playing soft with petroleum giant BP and steelmaker U.S. Steel. “They make it clear they see it as their […]
Helped by a combination of plant closures and better emission controls, industrial air pollution in the nine-county region
has fallen 14 percent since the economic boom of the late 1990s, a federal database shows. But even with the reductions, the
metro area will struggle to comply with reduced ground-level ozone limits announced by the U.S. Environmental Protection Agency
March 12.
Two thousand slot machines at each of Indiana’s two biggest horse tracks should attract hordes of Hoosiers willing to try their luck on the one-armed bandits. But, ultimately, owners want to add meeting and convention space to capture other business as well. Legislation approved by the General Assembly in 2007 permits the slots at horse-racing facilities Hoosier Park in Anderson and Indiana Downs in Shelbyville. The law paves the way for the creation of what many are calling “racinos”-casinos that…
At IBJ press time, the General Assembly was set to close another session without significant change to the state’s complex alcohol distribution system, ensuring another year of wrangling between wineries and wholesalers. A proposal to raise the direct shipping limit to 10,000 cases failed. So did a broader deregulation bill brought by a new Indiana wine drinker’s group, VinSense.
Indiana riverboat casinos don’t go up for sale every day. So when one becomes available, it’s bound to spark interest. Hence,
the dilemma facing Centaur Inc., the Indianapolis-based casino developer.
On this nasty Friday, I’ve got a few updates on previous posts. Hope everyone has a nice weekend. Here goes:
What was Flagstar thinking?
Flagstar Bank has added yet…
The next generation of environmental law is coming to a firm near you. Many law firms have existing practices that counsel clients on the complexities of complying with air and water permits or cleaning up contaminated properties. But now that the corporate sector is embracing “green” initiatives quicker than Al Gore accumulates carbon credits, environmental law is becoming as sexy as, say, intellectual property. Two of the city’s largest firms-Ice Miller LLP and Baker & Daniels LLP-recently unveiled so-called “green”…
People think of Indiana as a place of moderation. We’re not known for extremes. We are followers, not leaders. Certainly, we are not risk-takers. How then can we explain some inexplicable behaviors? Indiana’s secretary of state and others were in Washington, D.C., before the U.S. Supreme Court recently to defend the nation’s most extreme voter ID law. No one was prepared to say we suffered from an avalanche of voter fraud. There was not even evidence of a snowflake of…
For most of this decade, the Indianapolis residential real estate market enjoyed a good run. But in 2007 it muddled through
the doldrums just like the rest of the country, and builders pulled out all the stops to avoid getting stuck with inventory.
