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Angie’s List attracts $2.5M infusion

November 11, 2010

The investment is from a San Francisco-based firm and follows a $22.5 million investment the company received in October from multiple investors.

Area homes sales down for 6th straight month

November 11, 2010

Home-sale agreements in the nine-county central Indiana region plunged 40.7 percent in October compared to the same month a year ago, according to a report released Thursday morning by F.C. Tucker Co.

Noble Roman’s reports loss

November 11, 2010

Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.

Film buff alert: First look at new IU Cinema opening in January.

November 11, 2010

Movie house–featuring mostly free classics, foreign films, and more–aims to be “best university theater in the country.”

Carmel strip mall fire starts in doughnut shop

November 11, 2010

The fire began at a Dunkin’ Donuts shop Thursday morning, spread to a winemaking shop and threatened other businesses.

Gun club building, parking lot fetch $380,000 at auction

November 11, 2010

The historic, 8,000-square-foot Gatling Gun Club building sold for $250,000 and the 19,000-square-foot parking lot went for $130,000, to two separate bidders.

Feds require Simon to sell outlet centers

November 11, 2010

The U.S. Federal Trade Commission said it is requiring Indianapolis-based Simon Property Group Inc., the largest U.S. mall owner, to sell outlets in a settlement related to the $2.3M purchase of Prime Outlets Acquisition Co.

Poll: Daniels little known among potential GOP candidates

November 11, 2010

Sarah Palin is the most polarizing of the potential 2012 Republican presidential candidates, while Mitch Daniels is one of the least recognized, a new survey finds.

Audit: Indiana owes feds $39M for Medicaid

November 10, 2010

A federal audit recommends that Indiana's human services agency refund the federal government nearly $39 million it overpaid to Medicaid providers during a nine-year period.

Daniels appoints new social services chief

November 10, 2010

Indiana Gov. Mitch Daniels has accepted the resignation of Family and Social Services Administration Secretary Anne Murphy and has appointed the agency’s chief of staff, Michael Gargano, to replace her.

Quick Hits: Indianapolis dwarfs Milwaukee in convention, tourism business

November 10, 2010

Indianapolis and Milwaukee are about the same size, with 1.7 million and 1.6 million people in their respective metro areas, but Indianapolis’ convention trade is better developed.

Retail sales at Indianapolis International Airport edge up

November 10, 2010

Revenue is uneven between the two concourses in the new midfield terminal, but overall sales nevertheless are outpacing growth in passenger traffic.

Unions target Indianapolis hotels

November 10, 2010

Unite Here has high hopes, but the industry fears its cost advantage would erode.

IPS may close 2 more schools

November 10, 2010

Indianapolis Public Schools may close two elementary schools on the west side next year in order to save about $10 million, officials said at a public meeting Tuesday night. The two schools that could close are School 107 at 3307 Ashway Drive and School 109 at 6150 Gateway Drive. Under the proposal, students from the two schools would attend Gambold Middle School at 3725 Kiel Ave. after Gambold is converted into an elementary school. Gambold students would attend Northwest High School at 5525 W. 34th St., after Northwest is converted into a middle school as well as a high school.

Landfill searched for body of Carmel teen

November 10, 2010

Authorities were still searching a Jackson County landfill Wednesday morning where they believe the body of 18-year-old Sullivan University student Andrew Compton may be located. Compton, a 2010 Carmel High School graduate, has been missing since Oct. 28. Police on Tuesday arrested Gregory O’Bryan of Louisville, 40, who confessed to dumping Compton’s body in a dumpster. O’Bryan faces charges of murder, abuse of a corpse and tampering with evidence.

Judge delays mother’s trial

November 10, 2010

A Marion County judge has delayed the trial of a mother who locked her children in a closet, resulting in their deaths. Ebyan Farah was ordered to seek mental health treatment after two doctors determined she is not stable enough to help her lawyers with her defense. The trial was to have started Nov. 29. The Somali immigrant is charged in the Sept. 19 deaths of her daughter Zakariya, 3, and son Zuhur, 5, who were locked in a bedroom closet for more than 10 hours with three other siblings.

GM’s move to IndyCar could cost up to $50 million

November 10, 2010

Heavy investments in research and development, testing and marketing will be needed for the Detroit-based automaker to keep up with Honda.

Gatling Gun Club building set for auction

November 10, 2010

The historic structure at 709 N. Illinois St., along with a nearby parking lot, could be sold Wednesday afternoon. Declining membership and rising costs led the private club to seek a sale of the 160-year-old building.

Jobless claims fall sharply to 4-month low

November 10, 2010

The U.S. Labor Department said Wednesday that initial claims for jobless aid dropped by 24,000, to a seasonally adjusted 435,000. Many Wall Street economists expected a smaller decrease.

Teachers Credit Union chooses new leader

November 10, 2010

Senior vice president Paul A. Marsh will take over for Richard J. Rice, who has been president of the credit union since 1987.

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