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Purdue expert predicts modest bump in holiday shopping

American shoppers are expected to open their wallets just a little wider this holiday season, pushing sales up 2 percent to 4 percent, according to an estimate released today by the Purdue University Retail Institute.

Angie’s List losses continue to climb

In a Monday SEC filing, the company said it lost $43.2 million through the first nine months of 2011, pushing total losses since 2006 to $160.6 million. Angie’s List filed in August to go public.

Ugly end to historic October on Wall Street

Stocks had their best month in almost a decade, rising from their low point of the year in an almost uninterrupted four-week rally. But the finish sure was ugly.

Consolidation eyed for Indiana mail processing centers

The U.S. Postal Service is moving closer to closing the mail processing center in Terre Haute and moving its work to Indianapolis and Evansville. The South Bend center work would shift to Fort Wayne.

New apartments in 2012 on track for a 25-year high

A survey of developers suggests up to 3,438 new units could hit the rental market next year, which would be the highest total since 1987, when central Indiana gained about 4,500 units.

Ener1 becomes latest energy aid recipient in trouble

Electric-car battery maker Ener1 Inc., whose shares were delisted from the NASDAQ stock market Oct. 28, is the latest recipient of U.S. Energy Department aid to run into financial trouble and draw congressional scrutiny.

2011 WOMAN OF INFLUENCE: Marsha Stone

As CFO of the Indianapolis Airport Authority, she led the financing for the new terminal and is shaping local economic development by attempting to increase nonstop flights into Indianapolis.

2011 WOMAN OF INFLUENCE: JoEllen Florio Rossebo

This outspoken advocate for arts education has expanded programs in spite of the recession and built an organization that now brings music, dance, visual arts and theater to nearly 200,000 Indiana children each year.

2011 WOMAN OF INFLUENCE: Lauren K. Robel

The first female dean in the 169-year history of the Indiana University Maurer School of Law has raised tens of millions of dollars, improved the caliber of students and moved the school into the top 25 in the nation.

2011 WOMAN OF INFLUENCE: Ann Lathrop

The first woman head of the Capital Improvement Board took over at a critical juncture. Nearly two years into the job, she has succeeded in avoiding a potential $47 million deficit and signing a three-year deal with the Pacers to remain at Conseco Fieldhouse. Next up: Super Bowl XLVI.

2011 WOMAN OF INFLUENCE: Martha Hoover

Against all odds, the president of Patachou Inc. has built a thriving group of restaurants that have transformed the local dining landscape by emphasizing fresh, local ingredients and careful preparation.

2011 WOMAN OF INFLUENCE: Marianne Glick

She has been a philanthropist and high-level volunteer par excellence, helping to lead more than 20 local organizations. She has focused particularly on organizations benefiting women.

2011 WOMAN OF INFLUENCE: Deborah J. Daniels

Now a partner at Krieg DeVault LLP, herwork in homeland security led to her involvement in the nation’s response to 9/11. She also has helped lead many of the city’s most important charities.