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Residential
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 9.5 percent for the week ended Feb. 11, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 5.12 percent from 5.13 percent the previous week. The rate for 15-year mortgages increased to 4.34 percent from 4.29 percent.
You-review-it Monday
Did you get to hear some vocal jazz at the Palladium or Clowes Hall? Catch up on Oscar-nominated films?
Midway Produce acquired by U.S. Foodservice
Founded in 1999, Indianapolis-based Midway Produce mostly distributes produce to restaurants, health care facilities and schools throughout central Indiana.
Regulators plan more hearings on Duke plant costs
Indiana utility regulators will hold two additional field hearings to take public comment on Duke Energy's request to pass along to ratepayers the $2.9 billion cost of a coal-gasification plant being built near Edwardsport in southwestern Indiana.
Boy hit, tied up in home invasion
A Hamilton County mother and father came home Saturday afternoon to find their teenage son tied up in a closet and bleeding from the head after a home-invasion robbery. The family, who lives on Greenfield Avenue in suburban Noblesville, called for help about 2 p.m. after discovering their 17-year-old, who said the suspect forced his way into the home after knocking at the back door. The boy told police he was hit with a metal object before being confined. The robber got away with some coins and costume jewelry.
Crash ends pursuit of stolen car
Two police cruisers were involved in an accident early Monday morning as officers chased a suspect in a stolen vehicle. The incident started about 9 p.m. Sunday when a woman said she was robbed of her car outside the Wal-Mart near 86th Street and Michigan Road. Officers spotted the car—which they believe had been spray-painted a different color—around midnight and gave chase when the driver refused to pull over. The chase ended when the suspect crashed into a squad car. It was not immediately clear whether any arrests were made.
Assault charges filed in Jillian’s fight
Police are investigating a fight reported early Monday at Jillian’s in downtown Indianapolis. About 90 people were inside the restaurant/bar/entertainment center at 141 S. Meridian St. for a wake when a fight broke out just before 3 a.m. Detectives said 25-year-old Corey Andrews hit another man on the head with a bowling ball; he was arrested for aggravated assault. All told, three people were treated for injuries. Investigators believe some attendees were involved in a serious auto accident on East New York Street a short time later. One person was hospitalized in critical condition, but has since been upgraded to good condition. Alcohol is believed to have played a role in the crash.
Ex-manager files $600M suit against Indiana Live owners, others
Maryland-based Cordish Cos. says the casino owners withheld $8.4 million in payments and conspired with other groups trying to sabotage its plans for a Maryland gambling facility.
Judge tosses Noble Roman’s franchisee claims
Noble Roman's Inc. has won a pivotal courtroom victory in a battle with 14 former franchisees of its dual-branded Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants.
Countertop maker to close Shelbyville plant
Iowa-based VT Industries will close its countertop manufacturing plant in Shelbyville and move the work to a new facility in Maryland, the company said Friday.
Indiana panel OKs labor bill as unions protest
Union supporters shouted "lie" and "shame" at members of a Republican-led Indiana House committee who voted in favor of so-called right-to-work legislation, after impassioned arguments that it was aimed at weakening unions and would drive down wages.
Indiana activists oppose nuclear incentive bill
A bill that would offer Indiana's utilities incentives to build the state's first nuclear power plants is advancing in the Statehouse despite strong opposition from environmentalists, renewable energy boosters and industries that consume large amounts of electricity.
Lawmakers reach deadline week as key bills remain
Indiana lawmakers have a busy week ahead of them as they try to advance major bills before legislative deadlines arrive this week.
Evansville’s Weinzapfel says he won’t run for governor
Evansville Mayor Jonathan Weinzapfel said Saturday that won't run for governor in 2012, leaving the field for next year's Democratic Party nomination even more wide open.
Southern Indiana newspapers to merge by March 1
Publishers of the Evening News of Jeffersonville and the New Albany Tribune announced Wednesday that both organizations will be consolidated into one paper called the Evening News and Tribune starting March 1.