Area home sales still falling
Home-sale agreements in the nine-county area fell 23 percent in August. The decline marked the fourth straight month home sales have fallen in central Indiana.
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Missing father, sons found along river
A father and his two sons were found safe Thursday morning along the White River in Morgan County after they failed to return Wednesday night from a rafting trip. Search crews found Anthony Short, 35, and Luke and Cole at about 8:30. The group departed Waverly in an inflatable raft at about 5 p.m., but didn’t arrive at a pickup point three hours later as planned. The person scheduled to pick them up notified police two hours later. The father said he and his sons got out of the water when it became too dark to continue the trip. Fox59 will have more at 4 p.m.
Redevelopment planned for prime Broad Ripple corner
A local real estate investor is trying to lure a new restaurant to a prime corner in Broad Ripple.
Colts players tee off on NFL commissioner
Profane tirade shows just how serious the labor situation is in the National Football League. Lockout could jeopardize Indy's 2012 Super Bowl.
UPDATE: Large debt load will continue to weigh on Emmis
Emmis, which has been awash in red ink, must contend with more than $340 million in debt after CEO Jeff Smulyan failed in his attempt to purchase the company and take it private.
New filings for jobless benefits fall to two-month low
Even with latest decline, new filings for jobless benefits are still much higher than they would be if the economy is healthy.
Fort Wayne hoping to keep some Navistar jobs
Fort Wayne officials say they aren’t giving up hope that Navistar International Corp. will keep some jobs in the city despite the company’s decision to consolidate operations in suburban Chicago.
Emmis CEO calls off bid to take firm private
Emmis Communications Corp. will remain a public company after executives announced Thursday morning that CEO Jeff Smulyan has abandoned his efforts to buy the Indianapolis-based media firm.
INSIDE DISH: Sun King brewery blazes past initial sales goals
Founded in 2008, Indy's first production brewery in decades already has blitzed five-year goals and plans to ramp up capacity to as much as 12,000 barrels per year, says co-owner Clay Robinson.
13 Indiana companies, school systems get diesel funds
The Indiana Department of Environmental Management says a federal grant will help pay for retrofitting school buses, technology to reduce idling by tractor trucks, towboats and locomotives, and fuel-efficient tires and aerodynamic trim for tractors and trailers.
State gets $31M for blighted neighborhoods
The state of Indiana and several of its communities hard-hit by home foreclosures are getting $31.5 million in federal grants to stabilize blighted neighborhoods.
Smulyan delays Emmis buyout vote again
A Wednesday evening shareholders meeting has been postponed until Thursday at 8:30 a.m., when the Emmis CEO again will try to take the company private.
Indianapolis’ ‘walkability’ touted to convention planners
Compact downtown is big selling point for sustainable-minded planners.
New outlook for a decrepit city neighborhood
Just a few minutes northeast of vibrant Monument Circle lurks the most notorious graveyard of Indianapolis’ industrial heyday—at least 70 of the city’s 500 brownfields. Now planners and developers aspire to revitalize the most contaminated neighborhood in Indianapolis into a success story.
Lab used by Lilly, peers accused of animal cruelty
An investigation found that lab employees kicked, threw, and dragged dogs; lifted rabbits by their ears and puppies by their throats; violently slammed cats into cages; and exposed animals to toxic chemicals.
Dan Laikin sentenced to 45 months in Lampoon fraud
The sentence was short of the 60-month maximum Laikin could have received under a plea agreement worked out with federal prosecutors last fall.
Lilly investing up to $150M in VC funds
The three venture funds, which will focus on drug development, may be worth a total of $750 million, up to $250 million each, and Lilly will contribute as much as 20 percent of the money.
Auto parts workers hope vote will save jobs
Continental Structural Plastics said last month it would close an Ohio plant, and spend about $9 million on upgrades to a factory in Indiana where it will have up to 350 workers by 2012.
Oil spill hits east side
Indiana Department of Environmental Management officials say it may be days before an oil spill on the east side of Indianapolis is cleaned up. A new estimate by IDEM estimates 30,000 gallons leaked into the ground Tuesday from a storage tank at Metal Working Lubricants near Sherman Drive and Brookville Road. IDEM crews are now evaluating the impact on the environment.
Teen eyes city council spot
Hart Summier, a 17-year-old high school student, has formed an exploratory committee to run for Greenfield’s city council. Hart admits many residents in the Hancock County city might be skeptical about a teen who’s more concerned about property taxes than prom dates, but he says he’s serious about running. He’s filed the necessary paperwork to run in the May primary, and he’s investigating whether he can raise enough money to mount a campaign. Summier will be 18 by the election, old enough to serve on the council.