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Indy International Festival
Nov. 17-20
Indiana State Fairgrounds
Anderson Ballet Folklorico, FlamecoOle!, Indy Hula, Indianapolis Minyo Dancers and Afro Cuban band/dancers Sancocho—that’s just the beginning of the entertainment lineup, but it should give you some idea of the range of activity continually happening on stage at this annual event. Of course, you may be going just for the food, since the cuisine of over 20 ethnic groups will be represented. Details here.
What’s New: CrossFit NapTown
This week, we meet ex-IUPUI soccer players Peter Brasovan and Jared Byczko, who opened CrossFit NapTown last month in a Delaware Street building that once housed an FBI tactical team.
Midwest farmland value jumps most since 1977, Fed says
Farmland values in the U.S. Midwest surged 25 percent during the third quarter, the most since 1977, as higher grain and livestock earnings boosted demand for acreage, the Federal Reserve Bank of Chicago said.
Life Time buys out Lifestyle; 2 Indy fitness centers closing
Florida-based Lifestyle Family Fitness plans to close two of its facilities in Indianapolis—at 82nd Street near Dean Road and along Shelby Street just south of Stop 10 Road—by the end of November.
INSIDE DISH: Brewpub beats sales goals in rocky first year
With an $80,000 nut and some luck with bank loans, D.J. McCallister has beaten staffing woes and an unforeseen sales slump to make newcomer Black Swan Brewpub a break-even enterprise.
Video store clerk stabbed to death
An adult video store clerk was stabbed to death in Bloomington on Monday night. Police say Lauren Kahn, 47, was stabbed multiple times during an apparent attempted robbery at Garden of Eden in the 700 block of South Walnut Street. She was taken to IU Health-Bloomington, where she died of her injuries. Michael Angle, 26, turned himself into police and admitted to the crimes, police said. He is charged with murder and attempted robbery.
Tornado strikes southern Indiana
A tornado struck a southern Indiana town Monday night, tearing the roof off the police and fire headquarters and leaving debris piled on the courthouse square. The National Weather Service said the storm damaged numerous buildings in the Orange County town of Paoli, about 40 miles northwest of Louisville. The town had widespread power outages following the storm, but no injuries were reported. The weather service said the damage was done by a tornado with winds of about 95 mph. Several homes and businesses had roofs torn off or windows blown in.
Potential Lilly drug doubles good cholesterol
Eli Lilly and Co.’s experimental drug doubled levels of good cholesterol in a study, setting up a race with Merck & Co. and Roche Holding AG to develop a new class of medicines to lower heart risk.
Pacers urge Stern to go for the jugular in labor dispute
According to NBA sources, the league’s labor relations board recently received a letter from 10 owners, including Pacers' owner Herb Simon, strongly opposed to the final offer Stern put on the table offering a 50-50 revenue split with players.
Indiana National Guard opens biggest armory in state
The Indiana National Guard has opened a new $27 million training facility in Franklin that is the largest of its 65 armories around the state.
U.S. high court takes Indianapolis sewer case
The Supreme Court of the United States agreed Monday to review a case that questions whether the city of Indianapolis violated the U.S. Constitution in how it handled refunds for residents who paid assessments on local sewer projects.
Cash-strapped Arcadia seeks DailyMed buyer
The Indianapolis-based company is searching for a buyer for its once-promising DailyMed pharmacy service as it struggles to pay $30 million in debt that comes due in April.
Purdue, IU rank high in international students
The Institute of International Education says Purdue University has 7,500 international students at its West Lafayette campus, while Indiana University has 5,400 in Bloomington.
Republic to cut 220 Frontier jobs in turnaround bid
Frontier Airlines will cut 4.4 percent of its work force as it reduces flight operations in Denver and Milwaukee after Indianapolis-based parent Republic Airways Holdings Inc. said the carrier would be sold or spun off.
Indiana legislative panel endorses test of iPads
An Indiana legislative panel endorsed a pilot program Monday that would equip two General Assembly committees with iPads in the upcoming session as part of a push to cut the amount of paper used to print copies of bills for lawmakers.
ISO reports smaller deficit, bigger endowment
The parent organization of the Indianapolis Symphony Orchestra said its expenses exceeded revenue by $1.7 million on a budget of $25.6 million for the 2010-2011 fiscal year. The deficit was $1 million less than a year ago, while the ISO endowment grew by $5.5 million.
Residential
The average rate for 30-year mortgages rose from 4.23 percent to 4.25 percent for the week ended Nov. 9, according to Bankrate.com. The rate for 15-year mortgages rose to 3.5 percent from 3.48 percent.
Construction
Capitol Construction has completed a 1,600-square-foot renovation of a Starbucks at 645 W. 11th St.
People
–Stephen J. Adams and Christopher M. Horsley have been promoted to vice president at Hokanson Cos. Inc.
–Jack Hogan has joined the landlord leasing team at Jones Lang LaSalle.
–Don Hammersley has joined JBM Contractors Corp. as a project engineer and Richard Smith has joined JBM as a senior project manager/estimator.