Court affirms Murat Centre renaming decision
A state appellate court upheld a lower court's dismissal of a lawsuit that sought to block the Old National Centre naming rights deal.
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City to give Angie’s List $4.6M to buy properties for expansion
Money for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
Arcadia Resources to delist stock amid cash crunch
Arcadia Resources Inc.’s share price dwindled to just 5 cents as of late Tuesday morning, following the company's announcement that it was delisting its stock and had suffered another quarterly loss.
Angie’s List plans 500 jobs in headquarters expansion
Angie’s List Inc., the fast-growing company that provides customer-review services in 200-plus markets, plans to expand its Indianapolis headquarters, creating up to 500 new jobs by 2015, it announced Tuesday morning.
Adesa to acquire online auction firm for $210M
Adesa said it plans to acquire Redwood City, Calif.-based OpenLane Inc. for $210 million in cash. OpenLane expects to sell more than 300,000 vehicles to dealers this year and generate about $100 million in revenue.
Residential
On a seasonally adjusted basis, the pace of mortgage loan applications grew 21.7 percent for the week ended Aug. 5, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.37 percent from 4.45 percent the previous week. The rate for 15-year mortgages was unchanged at 3.52 percent.
LEADING QUESTIONS: Fast-food guru digs philanthropy
What formative experience helped inspire a Taco Bell franchisee to donate well over $1 million to youth charities? What was his biggest bonehead mistake in business? Charlie Brown has answers.
State Fair stage that failed may not have been inspected
A spokesman for the Indiana Department of Homeland Security said neither the fire marshal nor Homeland Security officials conduct inspections. And the city does not have the authority to inspect items on state property.
Judge denies request to block state voucher program
A judge Monday declined to halt Indiana's broad new school voucher program, saying the law was "religion-neutral" and likely to be upheld.
Safety questions loom over Indiana stage collapse
As the fair reopened Monday, investigators and the families of the dead and injured were still seeking answers to hard questions: Was the structure safe? Why were the thousands of fans not evacuated? Could anything have been done to prevent the tragedy?
$27M mixed-use project planned for Lockerbie
A local developer has a new plan for a prime Lockerbie parcel where ambitious development proposals have fizzled in the past, IBJ reported in print and at IBJ.com.
Lockheed Martin eliminating 47 call center jobs
The defense contractor notified state officials on Monday that the job cuts are a result of its decision to relocate the HR Access and Transportation Worker Identification Credentials programs.
State fair foundation sets up fund for victims
Hoosiers have already given thousands of dollars to the Indiana State Fair to help victims of Saturday's stage collapse.
Ground beef recalled by groceries
At least three major grocery store chains have recalled some of their ground beef packages because they could be contaminated with E. coli bacteria. Kroger Co., Winn-Dixie Stores Inc. and Publix Super Markets Inc. announced the recalls mainly in the southeastern United States and said they stem from problems at the National Beef Packaging Co. of Dodge City, Kan. The meat also was distributed to meat-packing companies in Detroit and Indianapolis, and to Wal-Mart operations in Indiana, Pennsylvania and Wyoming, National Beef said. Kroger’s recalled products include ground chuck, ground beef patties, and meatballs and meatloaf made in the stores.
Favre may be answer to question Colts don’t want to ask
If Peyton Manning isn't ready to start the regular season, Brett Favre would be a guy who could keep the team's Super Bowl hopes alive this year.
Indiana State Fair reopens, honors five killed in stage collapse
Indiana Gov. Mitch Daniels told hundreds of people who gathered Monday for a service to remember five people killed when a stage collapsed at the Indiana State Fair that the tragedy has broken the hearts of the state's residents.
Steak n Shake reports higher same-store sales
Same-store sales grew during the fiscal third quarter 4.9 percent, helping revenue during the three-month period climb 4.5 percent, to $165.2 million.
Former flight management firm owner pleads guilty to fraud
David A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the schemes involved kickback payments in exchange for business.
Correction
Anthem Blue Cross and Blue Shield of Indiana spent nearly 77 percent of its individual insurance premiums on medical bills in 2010. The percentage was incorrect in the Aug. 8 Health Care & Reform Weekly.