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On a seasonally adjusted basis, the pace of mortgage loan activity grew 21 percent in the week ended Jan. 29, according to
the Mortgage Bankers Association. Rates for 30-year loans decreased to 5.01 percent from 5.02 percent the previous week. Fifteen-year
mortgages decreased to 4.33 percent from 4.34 percent.
-Alt Construction has completed a 1,000-square-foot optometry office build-out at 755 W. Carmel Drive for Dr. Sam Ramschlag.
-Kort Builders has completed a 1,400-square-foot office at 6845 Bluff Road, Suite 26, for Christie Vision Care.
-Kort Builders has completed a 1,600-square-foot retail space for Solar Nail Salon in Nora Plaza, 1340 E. 86th Street, Suite 54.
-Kort Builders has started construction of a 4,000-square-foot retail space at 13971 Hamilton Town Center Blvd., Noblesville, that will house a Rue 21 retail store. The client is Simon Property Group.
Investors in Tim Durham’s Fair Finance Co. shoved the company into bankruptcy court Monday morning, a move intended
to reduce the risk assets will disappear while securities fraud probes continue.
NFL honchos are asking local 2012 Super Bowl Host Committee leaders for patience while they work out a deal with the players
union that will preserve the big game here. If that doesn’t happen, locals may be waiting a while for the game to come back.
Labor meetings in Miami over the weekend did little to dispel speculation that the souring relationship between NFL players
and owners could jeopardize the 2012 Super Bowl at Lucas Oil Stadium.
A Ball State architect thinks Indianapolis residents will like what they see in the new J.W. Marriott hotel downtown and beat
drums for more interesting buildings.
The banks of the Wabash River will be getting a facelift soon. The Wabash River Enhancement Corp. is looking at ways to preserve
the river. Plans could include trail development and improving water quality. Also on the drawing board: adding bridges for
walking and biking as well as a great lawn along the shoreline south of West Lafayette.
Police made a gruesome discovery in a Bartholomew County home after neighbors noticed mail piling up outside the house.
Investigators found Shaundra Hartner, 72, and Greg Thomas, 51, dead inside a home in Taylorsville. Police
recovered a gun at the scene and say they think the deaths may be the result of a murder-suicide.
Indianapolis firefighters battled a pair of fires Sunday night that displaced almost 20 residents. The first fire was reported just before 9 p.m. at Avalon Lake Apartments on the city’s northeast side. A male resident returned home from the store to find his apartment in flames; he had been heating grease on the stove. Three other apartments also were damaged, and nine residents of the apartment complex now are in temporary housing. The second fire call came in around 10:20 p.m. Sunday at a private residence on Indianapolis’ east side. A woman came back to her Dewey Street home after a Super Bowl party and found one of the bedrooms ablaze. Another woman who lives in the house says she left a candle burning and thinks one of her dogs knocked it over. The four adults and six children who live in the house were not home when the fire started, but two pit bulls died.
Just days after Friday’s heavy snowfall blanketed much of the state, the National Weather Service has issued a winter storm
watch from late Monday night through early Wednesday for all of Indiana.
Cardinal Health notified the state on Feb. 3 that it laid off 37 workers at the end of January and plans to lay off 12 more
effective April 3.
There’s no rest for the Indianapolis Colts front office. This week, the teams’ sales and marketing teams will formulate an
off-season plan and finalize ticket prices for next season.
WellPoint and other health insurers were profitable in 2009, but the lingering unemployment problem is dampening the outlook
for this year.
Ready to join the Betty White fan club? Surprised by Letterman’s new sofa pal?
Super Bowl viewers were rubbing their eyes at the sight of a TV spot pairing CBS late-night host David Letterman with longtime
NBC archrival Jay Leno, plus media magnate Oprah Winfrey.
Indianapolis-based Calumet Specialty Products Partners LP is investigating the cause of a Friday blast at its refinery in
Shreveport, La., that damaged some nearby properties.
The Colts’ Super Bowl loss saddened employees at a local plant that makes NFL gear, but the Saints’
win will give the bottom line a bigger boost.
The jobs can’t come soon enough for Connersville, where unemployment is at 13.8 percent.
Toyota said Sunday it will soon announce a plan for dealing with braking problems in its Prius hybrid amid reports that the
world’s largest automaker plans to issue a recall for the latest model of the vehicle in Japan.
