Business down at produce stands, but farmers persevere
Recent rains boost production for some, while others import produce from regions of state not as hard hit.
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At Home Quarterly: Marketplace stats
See Indianapolis-area home sales, mortgage rates, demographic trends and neighborhoods. Also included are the most expensive home sold this year and examples of what $750,000 can buy.
Apartment fire blamed on lightning
Lightning is likely to blame for a fire at a northwest-side apartment complex, officials say. The blaze broke out at Deer Cross Apartments, near Eagle Creek Parkway and 38th Street, about 6:15 p.m. Thursday. No injuries were reported. At least one unit suffered fire damage and the other 11 were damaged by smoke and water.
Police seek carjacking suspects
Indianapolis police are looking for two suspects believed to be involved in a string of carjacking incidents that resulted in the theft of at least four vehicles. The crime spree began about 3:30 a.m. Thursday in the1200 block of Martin Street on the south side when three suspects armed with handguns inside a white Honda pulled up beside a woman driving a blue Chrysler PT Cruiser and stole her vehicle. Police say the men also took a Chevrolet Impala on the west side and a Cadillac SUV and an Audi in Broad Ripple. One of the suspects was later captured after a brief car chase and three of the vehicles were recovered.
State sells convicted money manager’s plane
Indiana officials have sold a stunt plane owned by a former money manager who is serving a 14-year prison term for bilking investors. Secretary of State Connie Lawson said Marcus Schrenker's Model Extra EA 300/L stunt plane recently sold for $264,000. She said a total of $306,000 raised from the sale of Schrenker's assets has been given to his victims. The former Fishers resident pleaded guilty in 2010 to securities fraud. He owed $3.9 million to investors and $9 million to creditors.
Indiana University planning global studies school
Indiana University is planning a School of Global and International Studies in an effort to draw more attention to its international programs.
State unemployment rate climbs to 8.2 percent
Indiana’s unemployment rate climbed to 8.2 percent in July, marking the second straight month the rate has increased.
Carmel moves toward $183 million refinancing
The refinancing would free up about $8.8 million for future development projects and keep the Carmel Redevelopment Commission out of the red. But a skirmish is brewing over a CRC proposal for the city to help cover operating expenses.
Local developer buys 50 acres in Intech Park
Ace Commercial Development plans to construct a build-to-suit development for an undisclosed client on the highly visible property. Real estate sources say the client is locally based Heritage Environmental Services LLC.
Fed chairman Bernanke sets Indianapolis speech
Federal Reserve Chairman Ben Bernanke is scheduled to visit Indianapolis this fall to speak before the Economic Club of Indiana.
Anderson seeking new Nestle production line
Leaders of a central Indiana city are trying to persuade Nestle to pick it for a new production line at an existing plant that could add about 100 jobs.
AT&T technicians file lawsuit over lunch policy
Eleven AT&T technicians have filed a federal lawsuit seeking class-action status to collect unpaid wages and overtime, alleging the company compels them to work during unpaid lunch breaks. The suit seeks to represent 1,300 AT&T technicians in Indiana.
Stage collapse victims to find out how to get share of $6M
Those wanting to participate in the settlement must agree to various conditions, some aimed at limiting the state’s exposure to claims from third parties.
Indiana candidates scrap about farm bill failure
Congress' failure to pass a farm bill became a top talking point for Indiana candidates this week as Hoosier farmers continue to suffer through the worst drought in decades.
Don Marsh fighting to keep jury from learning he took Fifth
Attorneys for Don Marsh are trying to ensure that his refusal to answer questions during a 2010 deposition doesn’t come back to haunt him when Marsh Supermarkets' lawsuit against him goes to trial in October.
Cummins cools off, but Seymour expansion still in works
Cummins Inc.—a company that quadrupled its profits in two years—has shifted to cost-cutting mode amid a drop in global sales, but the Columbus-based engine manufacturer says it’s still on track to increase sales from $18 billion in 2011 to $30 billion in 2015.
Illinois lottery superintendent says Indiana taking flawed path
The Illinois Lottery is not a model Indiana should follow in seeking a private manager to boost revenue, according to Illinois’ own lottery chief. Hoosier Lottery officials say they’ve taken steps to avoid the problems Illinois had with its privatization contract, but several key elements of the process mirror Illinois’.
Vacant Consolidated Building purchased by local buyers
Two local buyers are angling to revitalize a century-old, 15-story downtown landmark that has confounded redevelopment attempts since its last tenants departed in the late 1990s. Ambrose Property Group and The Whitsett Group hope to transform the Consolidated Building into 98 apartments with first-floor retail or restaurant space.
EDITORIAL: Mayor must sign road, benefits measures
One measure provides health care benefits to the domestic partners of city employees. The other, known as Complete Streets, requires that projects be designed to accommodate pedestrians, bicyclists and public transportation, not just cars.