LEADING QUESTIONS: Indians boss still having a ball
What's the secret to baseball profitability? Why is the offseason so important? Franchise President Max Schumacher fields questions.
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Local political activist dies in crash
Judy Goldblatt, a local political activist who was well-known for her work in the Democratic Party, has been killed in a car accident in Palo Alto, Calif. Goldblatt, 65, died Friday when a commuter train struck the rental car she was driving. Her husband, Larry Goldblatt, who recently retired as dean of the Indiana University School of Dentistry, had been in the car but managed to escape before the crash.
Rain causes west-side traffic woes
Indiana Department of Transportation officials said late-morning storms coupled with earlier rains caused traffic problems Monday morning on the west side of Indianapolis. Standing water in the left lane of Interstate 465 between 10th Street and I-74 caused delays. The forecast calls for additional rain to fall over much of central Indiana throughout the day.
Two men shot, killed on near-east side
Indianapolis police are looking for at least two suspects who fled the scene of a double-homicide on the city's near-east side Monday afternoon. Two yet-to-be-identified men were shot and killed about 5 p.m. in the 100 block of North Bradley Avenue, near Washington Street and Sherman Drive.
Free parking for Tea Party?
The Indianapolis Tea Party has asked the city to waive the parking bill for its April 15 "Tax Day Rally" at the Indiana Statehouse.
Wellfount nabs $6M in venture capital
The Indianapolis-based institutional pharmacy, which serves long-term-care facilities, wants to expand its business nationally.
TV stations WXIN, WTTV get new general manager
Tribune Broadcasting on Monday named TV veteran Larry Delia vice president and general manager of its two Indianapolis stations.
Local home-building activity still slumping
Home-building permits filed in the Indianapolis area sank by more than 20 percent in March compared with the same month last year. Still, signs show home construction both locally and nationally may be picking up.
Lilly gives $1M toward Marian medical school
Marian University needs to raise $120 million for its medical school and nursing programs. So far, the Catholic institution has raised $81 million.
State’s unemployment rate drops to 8.5 percent
Indiana’s unemployment rate last month declined by 0.3 percentage points compared to February and is the lowest it’s been in more than two years.
Statehouse fight continues over bank-insurance fund
Indiana lawmakers likely will avoid tapping an obscure bank-insurance fund to help bolster state coffers, but bankers may not survive the battle completely unscathed.
Steel Dynamics’ quarterly profit jumps 63 percent
Steel Dynamics earned $105.9 million, compared with $65 million in the year-ago quarter. Revenue rose 30 percent, to $2 billion. Analysts were looking for $1.91 billion.
IBM: Daniels’ email shows he had key role in deal
IBM wants to depose Daniels soon because it's concerned he will announce he's running for president and would be too busy on the campaign trail to give a deposition.
Indiana Senate backs pulling Planned Parenthood money
The Indiana Senate voted Monday to prohibit any state contracts or grants with Planned Parenthood or other organizations that provide abortions.
Office stats don’t tell full story of market’s recovery
Cassidy Turley's research director said the pace of leasing activity is the best he’s seen in 18 to 24 months.
Lilly shareholders fail to remove anti-takeover measures
A proposal that would have weakened Eli Lilly and Co.’s defenses against an unwanted takeover failed to pass Monday despite a large majority of shareholders voting to remove those barriers for the second straight year.
Construction
-Alt Construction has completed a 3,000-square-foot office build-out for American Equity Mortgage at 9000 Keystone Crossing, Suite 234.
-Alt Construction has completed a 6,940-square-foot office build-out for Health System International at 5975 Castle Creek Parkway, Suite 100.
-Alt Construction is doing a 15,700-square-foot office build-out for Creative Converting at 6602 E. 75th St.
-Alt Construction is doing a 6,565-square-foot office build-out for Micro Med at 8730 Commerce Park Place, Suite E.
-Alt Construction is doing a 2,000-square-foot office build-out for the Marion County Assessors Office at 951 E. 86th St., Suite 100.
-Alt Construction is doing a 1,928-square-foot retail build-out for Orange Leaf Yogurt at 2760 E. 146th St., Carmel.
People
–Dan Richardson has been promoted to co-leader of the investment properties team for the local office of CB Richard Ellis.
–Matt Gray and Terry Hughes have joined the investment properties team of CB Richard Ellis as associate brokers.
Residential
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 6.7 percent for the week ended April 8, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.98 percent from 4.93 the previous week. The rate for 15-year mortgages increased to 4.17 percent from 4.14 percent.