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Ballard plans to introduce merit raises for more employees
Mayor Greg Ballard said Thursday that he plans to introduce a new system of merit raises that could put extra pressure on department chiefs to cut their budgets.
Interactive Intelligence acquires Maryland company
Interactive Intelligence, a developer of communications and interactions-management software, purchased Bay Bridge Decision Technologies in an all-cash transaction effective Aug. 1. Terms of the deal were not disclosed.
The critics are coming, the critics are coming…
In March, theater critics from around the country will be coming to Indy. Tough crowd? Yes. Great exposure? Yes.
Lilly to book $790M Amylin payment in third quarter
Eli Lilly and Co. will book about $790 million in pretax income in the third quarter thanks to an early payment from former drug development partner Amylin Pharmaceuticals.
Apartment residents displaced by fire
Lightning is believed to have caused a fire that left 28 residents of a Westfield apartment complex displaced Thursday morning. The blaze broke out at Maple Knoll Apartments, near State Road 32 and Spring Mill Road, at about 7 a.m. Fire crews from Westfield, Indianapolis, Noblesville, Zionsville and Sheridan battled the fire for more than an hour. Apartment management and the American Red Cross are working to find shelter for some of the residents.
Shooting suspect turns himself in
A suspect wanted in the shooting of a 13-year-old Indianapolis boy turned himself in to police overnight. Glenn Beard, 56, is charged with murder and possession of a firearm by a serious violent felon. He is suspected of shooting Jarrell Tucker on Sunday night in the 100 block of North Denny Street. Beard denies the charges.
Applications for unemployment aid fall slightly
The number of Americans applying for unemployment benefits fell by 6,000 last week to a seasonally adjusted 361,000, a level consistent with only modest gains in hiring.
Area homebuilding permits jump 21 percent
Builders in the nine-county area filed 373 construction permits in July, a 21-percent increase from the same month last year, according to the Builders Association of Greater Indianapolis.
National, state foreclosure starts on the rise
The number of homes that received an initial notice of default — the first step in the foreclosure process — increased 6 percent in July compared to the same month last year. Foreclosure starts rose 83 percent in Indiana.
Developers taking serious look at former GM site
At least six reputable developers, both local and national, have toured the former General Motors plant near downtown Indianapolis since it closed last year, according to an official trying to market the property. Of those, two are taking a serious look.
Livestock farmers still seeking pause in ethanol production
Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the EPA waive production requirements for corn-based ethanol. The Obama administration sees no need for a waiver.
Search for next Indiana high court justice narrowed to three
Hamilton Superior Judge Steve Nation, Tippecanoe Superior Judge Loretta Rush and Indianapolis attorney Geoffrey Slaughter were chosen Wednesday by the Indiana Judicial Nominating Commission.
Parking-garage connectors receive city approval
The Metropolitan Development Commission’s plat committee has given local developer Flaherty & Collins Properties the go-ahead to include two upper-level pedestrian connectors in its plan to build a five-story parking garage downtown. The garage is part of a larger, $85 million development.
Simon Property directors sued over CEO’s pay
The board of the largest U.S. shopping-mall owner wrongfully authorized a compensation package for CEO David Simon that included $120 million in special stock awards, a Louisiana pension fund claimed in the lawsuit filed Wednesday.
BrightPoint takes quarterly loss despite uptick in revenue
Indianapolis-basedBrightPoint Inc. suffered a $4.1 million second-quarter loss despite a 3-percent increase in revenue, the Indianapolis-based wireless device distribution and logistics company said Wednesday afternoon.
In-house lawyers gain more respect
Prestige rising along with greater workload, national study shows.
Brater to retire as dean of IU medical school
Dr. Craig Brater, 66, has worked at the Indianapolis-based school for 26 years, including the past 12 as dean. The school is the second largest medical school in the nation and the only one in Indiana.
South-side bar raided again
An Indianapolis bar is accused of letting minors inside its doors for the second time in two months. Officers said they found 25 minors in the Blue Agave Restaurant, 8049 S. Madison Ave., Saturday night. The manager, Hugo Sanchez, was arrested. State excise police also raided the bar June 16 and found 26 juveniles, including several who tested positive for alcohol consumption. No minors tested positive for alcohol in the latest raid. Sanchez faces several charges and could have his liquor license revoked.
Gas leak sickens downtown workers
More than a dozen people became sick Tuesday morning after a natural gas leak in downtown Indianapolis. Workers at an office building at 55 S. State Ave. started to experience headaches, nausea and dizziness at about 9 a.m. Sixteen people were checked out at the scene and three others were taken to a hospital. Citizens Gas shut off service to the building. Fire officials said the leak had reached an explosive range.