Indiana unemployment rate shrinks to 7.9 percent
Indiana’s unemployment rate dropped to 7.9 percent in April, falling below 8 percent for the first time since November 2008. The rate has dropped for five straight months.
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Kids to sell lemonade at the Indiana Statehouse
More than 15,000 young people from pre-school age through high school will open lemonade stands across the greater Indianapolis area this weekend.
South-side medical office building in foreclosure
Munster-based Citizens Financial Bank claims the owner of the building at 1340 E. County Line Road owes $4.1 million on a loan originating from 2002 and is seeking to have a court-appointed receiver manage the building’s operations.
Big Ten Network cuts academics, citing low ratings
The Big Ten cable network has been an unchallenged success promoting conference sports to a national audience and making money for its members.
State’s chilly recycling climate means higher costs for container makers
Some manufacturers favor legislation that would encourage consumers to return their empties.
Biz boosters embrace One Click, but it’s no sure thing
Husband-and-wife entrepreneurs Randy and Angie Stocklin started Greenwood-based One Click Ventures out of their home with $20,000 in 2005. They now own a portfolio of niche retail websites, including SunglassWarehouse.com, HandbagHeaven.com and Scarves.net, which brought $5.3 million in revenue last year.
IMS officials hope new cars boost attendance, TV ratings
Gearheads are sure to be excited over the new engine and chassis package at the Indianapolis 500 this year, but IMS and IndyCar Series officials hope the highly publicized changes will be enough to grab the attention of more casual fans and create an attendance and TV ratings boost.
Binford-area neighborhood alliance upping ambitions
The two main retail centers in a northeast-side development area will be at 100-percent occupancy when Uncle Bill’s Pet Express opens in a small space at Binford Boulevard and 71st Street. Binford Area Growth and Revitalization, a super-neighborhood association better known as BRAG, began striving for this milestone in 2005.
New ads reflect IMS’ more-aggressive sponsorship mindset
The Indianapolis Motor Speedway is selling advertising along the world-famous, 103-year-old race course for the first time ever, a break with tradition that promises to boost its financial firepower as racetracks nationwide are struggling.
Herff Jones goes digital to invigorate yearbook sales
Local firm hired Carmel-based MediaSauce two years ago to help design, develop and market Stitch, a platform for schools to create an online version of their yearbook. The product, tested at 54 schools, is expected to roll out nationally in July.
Massive Anson project showing residential, retail progress
Duke Realty Corp. has retrenched at its massive Anson development in Whitestown—focusing on the most promising sections, rearranging some of its site plans, and letting land-purchase contracts expire on about 300 acres where development prospects are likely several years away.
Plan seeks to turn towpath into arts corridor
The city of Indianapolis and private-sector players are lining up behind an effort to rebrand the Central Canal Towpath as an art-themed destination dubbed Art 2 Art by adding artwork and improving the trail.
NFP of NOTE: Cornea Research Foundation of America
The Cornea Research Foundation of America is a not-for-profit clinical research organization dedicated to the preservation and restoration of vision.
BENNER: Violence in sports is supply meeting our demand to win
The recent suicide of former San Diego Chargers linebacker Junior Seau is the latest exclamation point to growing concern about the violence that is part of football, especially in the NFL.
ALTOM: Businesses should be suspicious of app trap
Smart-phone app costs can vary by orders of magnitude, just as websites can. The challenge is getting them to pay for themselves.
Utilities, public clash on tree-trimming policies
Indianapolis Power & Light, others say money is at stake if tighter controls are enforced.
Community foundations recovering from recession
Many have bounced back and report asset levels that exceed their 2007 highs.
Dan Laikin spurred probe of Tim Durham, filings reveal
The FBI had been investigating Tim Durham since March 2009, when his friend Dan Laikin, a Fair Finance board member, offered up incriminating information on the Indianapolis financier in hopes of securing a lighter sentence for himself in an unrelated case.
Make Indy more walkable
Imagine an Indianapolis where walking and biking are common ways of getting to work, to school, to visit friends or to run errands.