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Purdue forms 2 energy labs with Chinese school

Purdue said Tuesday that its President, France Cordova, has signed an agreement with Beihang University's president to form the two joint laboratories. One will focus on energy systems and the other on low emissions combustion.

Perry Township referendums pass, others fail

Voters in the Metropolitan School District of Perry Township passed two referendums for increased school funding Tuesday night, but similar votes in Franklin Township and Avon failed.

Ex-Indianapolis deputy mayor Kennedy wins primary

Former Indianapolis Deputy Mayor Melina Kennedy has easily won the city's Democratic mayoral primary and will face first-term GOP incumbent Greg Ballard in the November general election.

LEADING QUESTIONS: Fast-growing firm handles ascent

LQ_Meyer_watch VideoMichele Meyer, a former Air Force brat, piloted CSCI Consulting to 850 percent revenue growth over four years. So, why is her advice to "start small"? What obstacles await when a firm takes off?

Schools big issue in primary elections

Public school referendums are in the spotlight during Tuesday’s central Indiana primary elections. Voters in Franklin Township, Perry Township and Avon will be asked to vote on a referendum asking for more property tax revenue to support local schools. Franklin Township’s superintendent said that, if the referendum fails, class sizes will increase, programs and services will be cut and jobs could be eliminated. Polls are open until 6 p.m.
 

Indy 500 security to be tightened

Those attending this year’s Indianapolis 500 should expect to see random vehicle checkpoints as part of a heightened security presence in the wake of Osama Bin Laden’s death. Marion County Public Safety Director Frank Straub said local, state, federal and Indianapolis Motor Speedway authorities are already talking about measures needed to assure that the crowd of about 250,000 people will be safe while enjoying the May 29 race. Among the measures: radiation detectors, license plate readers and the federal government's "See It and Say It" program, which will remind fans to report anything suspicious.

Verizon retirees coming to city to protest executive pay

The Association of BellTel Retirees Inc. will press the board of Verizon Communications Inc. to tighten standards for executive pay when the New York company holds its annual meeting in Indianapolis this week.

J.D. Byrider sold to private equity firm

The Indianapolis-based used-car chain has been acquired by Altamont Capital Partners near San Francisco, in a deal Byrider executives say will give the franchisor the necessary capital to grow.

Donation to spur community service at UIndy

The gift will fund the endowed faculty position of Distinguished Professor of Service Learning, a person whose job will including helping to spur more students perform community service work.

Residential

On a seasonally adjusted basis, the pace of mortgage loan activity decreased 5.6 percent for the week ended April 22, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.80 percent from 4.83 percent the previous week. The rate for 15-year mortgages decreased to 4.03 from 4.07 percent.

Construction

-Alt Construction has completed a 1,600-square-foot restaurant build-out for La Hacienda at 12237 N. Meridian St., Carmel.

-S&B Construction has been hired for an 11,500-square-foot renovation of Fresenius Medical Care at 1225 W. 86th St. The project is scheduled to be completed in August.

-TMG Construction Management Inc. has been hired to build a 3,081-square-foot New Balance Shoes store at 9893 N. Michigan Road, Carmel. The store is scheduled to be completed by May 31.

People

Lauren Kriner has joined Capitol Construction Services Inc. as director of business development.