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Embattled auctioneer wanted in Pennsylvania

Northeastern Indiana officials have issued an arrest warrant for embattled former auction house owner Dean V. Kruse, who has faced years of legal battles over his business practices.

Vacant home heavily damaged by fire

A house fire in the 100 block of West 22nd Street in Indianapolis caused an estimated $35,000 in damage Tuesday morning. No injuries were reported in the blaze, which began just before 6 a.m. The home was vacant. Fire officials are trying to determine the cause.
 

County confirms case of West Nile

The Marion County Health Department on Monday confirmed its first case of West Nile virus in 2011. The finding came five days after the first case of the year was reported in Indiana. Last week, an Elkhart County woman died from the virus. There were three confirmed cases of West Nile in Marion County in 2010. Most people infected with West Nile become only mildly ill, but three people have died of the virus in Marion County since 2002.
 

U.S. consumer confidence falls to 2-year low

Stocks fell Tuesday morning after consumer confidence dropped to the lowest level since April 2009. Retailers and other companies that depend on consumer spending had the steepest losses.

UPDATE: Fund for state fair victims rises to $242K

Central Indiana Community Foundation spokesman Mike Knight said the State Fair Remembrance Fund contained $242,404 as of Tuesday. Officials are still determining how to distribute the money.

IEDC, Conexus form aerospace, defense council

The Indiana Aerospace and Defense Council brings together industry leaders to begin creating a plan to grow the sector. IEDC and Conexus say Hoosier defense contractors have created 1,800 jobs in the past two years.

Ex-Countrymark CEO again seeking early release

David Swanson, who is serving a 12-year sentence for wire fraud, money laundering and tax evasion, has succeeded in getting a federal appeals court to hear his case for early release.

Air tool manufacturer plans Indiana expansion

Sullair Corp., which makes air compressors and other air tools, says it will expand its headquarters in northern Indiana and expects to add up to 113 jobs in the next few years.

Another lawsuit filed in Indiana fair stage collapse

The family of a Fort Wayne woman killed when a stage collapsed at the Indiana State Fair filed a lawsuit Monday alleging gross negligence and recklessness by the promoters and producers of the concert.

Residential

On a seasonally adjusted basis, the pace of mortgage loan applications decreased 2.4 percent for the week ended Aug. 19, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.39 percent from 4.32 percent the previous week. The rate for 15-year mortgages rose to 3.56 percent from 3.47 percent.

People

–Richard King III has joined Lee & Associates and an adviser in the office department.

–Gus Sevastianos has joined Corporate Cleaning Systems Inc. as director of business development working with the owners, managers and listing brokers of commercial property.

Construction

-S&B Construction Group is building out a 6,400-square-foot space for an Advance Auto Parts store at 2334 E. Stop 11 Road. The project is scheduled to be completed in October.

-Capitol Construction Services has completed a 2,500-square-foot build out for Stonegate Mortgage in South Park Business Center, 1499 Windhorst Way, Suite 200, Greenwood.

-Duke Realty was selected to complete a 214,000-square-foot build out for Skjodt-Barrett Foods at 401 South Enterprise Boulevard, Lebanon. The project is scheduled to be finished in October.