Indiana BMV OKs 11 new specialty license plates
Indiana drivers last year purchased more than 400,000 specialty plates, generating more than $10 million for sponsoring groups.
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April increase in construction spending largest since 2000
Construction activity surged in April by the largest amount in nearly a decade. The unexpected gains could mean the hardest-hit
sector of the economy is starting to recover.
Late-race Indy 500 crash sparks safety concerns
Certain corners of the IndyCar world have long been concerned that the open-wheelers have the potential to take flight during
a wreck. The lap 199 crash sending Mike Conway airborn and debris into the Speedway stands re-ignites those worries.
Genetic testing could spur Erbitux drug sales
The drugmakers are counting on screening for the so-called K-ras gene to spur use of Erbitux in metastatic colorectal cancer.
Nordstrom Rack, Container Store eye Rivers Edge
Nordstrom Rack and The Container Store are poised to open their first Indiana stores in a shopping center near Lake Clearwater.
EnerDel parent lands $65M investment
The parent company of lithium-ion battery maker EnerDel has landed a $65 million investment from its largest shareholder.
Toyota to move Highlander production to Indiana
Toyota began manufacturing the Highlander SUVs in November 2000 and has been making between 1,000 to 9,000 gasoline vehicles
a month. In April, it produced about 1,900 units.
Local liquor chain buys four stores in Kentucky
United Package Liquors’ purchase of Bowling Green locations could be start of larger company expansion, CEO and president
says.
UPDATE: Alcoa, union reach tentative agreement
Aluminum giant Alcoa Inc. reached a tentative agreement on a new contract with its largest union Tuesday. It still must be ratified by union members in Indiana and seven other states.
Franchitti earns $2.8 million for Indy 500 win
Franchitti’s earnings were part of an overall purse of $13,592,815. The paychecks were announced at the annual victory dinner
Monday at the Indianapolis Motor Speedway.
Other states join Indiana in spurning grant program
About two dozen states are going back to Washington for another shot at billions in education grants under the “Race to the
Top” program, but at least nine others including Indiana are opting out of trying a second time.
Camp Atterbury makes cut for Guard mobilization centers
Camp’s role in deploying units overseas will be secure for years to come despite Defense Department cutbacks, says leader
of Indiana National Guard.
You-review-it Monday: 500 celebs and more
Was a busy week in racing also a busy week for you in arts and/or entertainment?
2010 Indianapolis 500 full of winners … and losers
Dario Franchitti, Tony Kanaan and Simona De Silvestra have successful day. Danica Patrick, despite solid finish, doesn't
get much exposure for her sponsors. Sarah Fisher must do better to retain her sponsors long-term.
Flawless Franchitti wins his second Indy 500
Two years removed from his failed try in NASCAR, the Scottish driver holds on with barely a gallon of fuel in the
tank. Meanwhile, the much-touted Penske team falls victim to its own blundering.
Housing
On a seasonally adjusted basis, the pace of mortgage loan activity increased 11.3 percent for the week ended May 21, according
to the Mortgage Bankers Association. The rate for 30-year mortgages fell to 4.80 percent from 4.83 percent the previous week.
The rate for 15-year mortgages increased to 4.25 percent from 4.19 percent.
People
–Vicki Reed has joined The Dan Baldini Team at Polaris Real Estate as a saleswoman.
–Kimberly Daniel-Pierce and Jerry Schrier have joined RE/MAX Centerstone as agents.
–Krista Brueggemann, William Shearer II and Andrew Smith have joined RE/MAX Select in Greenwood as agents.