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A new federal program will try to address the high number of foreclosed homes by giving prospective homebuyers millions of dollars in incentives. Under the new 18-month program, Indiana will use federal money to fund no-interest loans for people considering buying foreclosed properties. Qualified home buyers could get up to $15,000 from a market-stabilization fund, […]
Police say a grandmother died after a sword attack at a home on the northwest side of Indianapolis. Dispatchers say she was trying to stop a sword fight between an elderly relative and a younger relative when she was stabbed. The elderly man and the young man needed medical attention. Fox 59 will have more […]
A Florida-based investor wants his fellow shareholders in Conseco Inc. to install him on the company’s board of directors, saying the board has failed for more than five years to act in shareholders’ interests. Roger Keith Long, an Indiana University alumnus, runs Otter Creek Management, which owns 1.4 million shares, or less than 1 percent, […]
A Special Weapons and Tactics team came up empty following an overnight home invasion on the northeast side of Indianapolis. Investigators say a woman in the 4200 block of Norwaldo Avenue told dispatchers that four armed, masked men forced their way into her home demanding money. The SWAT team did not find any suspects after […]
The unveiling of the fairly hideous new artwork at Nationals Park in Washington, D.C. (see article and photos here) got me wondering if anyone has done this sort of fusion of sports arena and visual art any better.
A quick…
Eli Lilly and Co. has sold the rights to sell the diabetes drug Actos in seven countries to Takeda Pharmaceutical Co., Asia’s biggest drugmaker, Bloomberg News reported this morning. Takeda will sell Actos in Canada, Belgium, Denmark, Norway, Sweden and Turkey, a company spokesman told Bloomberg yesterday. Terms of the deal were not disclosed. Takeda […]
Last week, I offered a family four-pack of tickets to see the national tour of “Chitty Chitty Bang Bang,” parking here April 28-May 3. For more information on the production, click here. The winner, chosen at random, was Vicki Williamson. I also asked you to name your favorite extraordinary car, besides CCBB. I’ll break your […]
Renovating a zoo facility called Monkey Island. Upgrading school toilets so they don’t flush when no one is around. Creating the world’s fastest alternative-fuel vehicle. Turning idle factory space into fish farms. State officials wanted suggestions on how to spend Indiana’s share of federal stimulus money, and they got plenty of ideas. About 9,000 proposals […]
International airports in Indianapolis and Fort Wayne will each receive about $1.3 million in federal economic recovery funds. U.S. Transportation Secretary Ray LaHood said yesterday the money will help create jobs while “investing in the long-term safety and economic vitality of our airports.” The Federal Aviation Administration will provide $1.33 million to Indianapolis International for […]
For an eye-opener into the plight of Michigan, look no further than the number of people involved in the auto industry. Things have gotten so bad that a think tank there now spends much of its time trying to figure…
The Nielsen ratings for the first Indy Racing League race Sunday in St. Petersburg were down 60 percent from the same race a year ago. The 2009 St. Petersburg race was the season…
Firefighters battled a large fire this morning in Lapel that destroyed much of a central Indiana furniture manufacturer and produced a smoke plume visible for miles. No injuries were reported from the fire at Hickory Furniture Design, Madison County Sheriff Ron Richardson said. Brad McQueen, the business’ owner, said 10 to 12 workers were inside […]
Conseco Inc. executives took hits to their pay packages last year as the Carmel-based company’s stock price plunged 59 percent. CEO Jim Prieur took home 18-percent less in total 2008 compensation than in 2007, according to Conseco’s preliminary proxy filed yesterday. Prieur earned no performance bonus last year, but still received nearly $2.2 million in […]
Conseco Inc. executives took hits to their pay packages last year as the Carmel-based company’s stock price plunged 59 percent. CEO Jim Prieur took home 18-percent less in total 2008 compensation than in 2007, according to Conseco’s preliminary proxy filed yesterday. Prieur earned no performance bonus last year, but still received nearly $2.2 million in […]
The American Heart Association is encouraging Americans to incorporate 30 minutes of walking into their day in honor of National Start Walking Day. Local organizers are holding a rally today until 1 p.m. on Monument Circle. Fox 59 News will have more at 10 p.m.
Eli Lilly and Co. has launched its new blood thinner prasugrel in its first market, the United Kingdom, Reuters reported today. The drug, sold under the brand name Efient, is priced 31-percent higher than its rival Plavix, the world’s leading blood thinner. Plavix, sold by New York-based Bristol-Myers Squibb Co. and French company Sanofi Aventis […]
A $21 million construction project kicks off today in Fishers as crews prepare to widen 126th Street from State Road 37 to Olio Road. Actual construction will begin in July. The project is expected to take three years to complete. The project will require crews to replace three bridges, including the bridge over Interstate 69.
Firefighters were battling a large fire this morning that destroyed much of a central Indiana furniture manufacturer. No injuries were immediately reported from the fire at Hickory Furniture Design in the town of Lapel about 20 miles northeast of Indianapolis. Firefighters used large cranes to pour water on flames that destroyed a large section of […]
