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Turnarounds rebound as home flippers get back in gear
Locally, the number of homes flipped in 2015 jumped 9 percent from the previous year. Nationally, 2015 marked the first annual increase in the percentage of homes flipped following four straight years of decreases
Thorn in side of Noble Roman’s dumps stock for big loss
An Atlanta-based activist investor that had blasted Noble Roman’s Inc.’s management and called for the company’s sale has reversed course.
Literacy leader, radio show host to leave Indy
Travis DiNicola, the longtime executive director of Indy Reads and a fervent supporter of the local arts community through WFYI’s “The Art of the Matter,” plans to move to Pennsylvania by summer’s end.
PROXY CORNER: The Finish Line Inc.
Indianapolis-based The Finish Line Inc. is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories. The company operates 980 Finish Line locations, primarily in U.S. malls and Macy’s department stores, and 72 running specialty stores.
Indy is good place to be a real estate agent
Real estate agents in Indianapolis have the highest median wage compared with their peers in 150 cities, according to a report produced by WalletHub. That helped move the city into the consumer website’s list of top places to be a real estate agent. Indianapolis ranked seventh overall. That’s pretty good considering the state finished dead […]
Keller Williams’ north office establishes downtown presence
A local Keller Williams Realty Inc. franchise has expanded its reach by opening a downtown office in Regions Tower. The roughly 3,500-square-foot location on the 13th floor is an extension of the Keller Williams Indianapolis north office at 11550 N. Meridian St. in Carmel. It is the ninth-largest residential real estate agency in the Indianapolis […]
SKARBECK: Pricey LinkedIn purchase reflects frenzy over cloud
Microsoft threw a curveball to investors this month with its $26.2 billion purchase of LinkedIn. The $196-per-share cash offer was 47 percent above LinkedIn’s stock price of $133 per share.
BOHANON & STYRING: Trade deficit not as black and white as it seems
Recent reports indicate that the U.S. trade deficit was $500 billion in 2015. Sounds ominous and cataclysmic, but a look behind the number is revealing.
BALLARD: Cities thrive when mayors share ideas
Indianapolis mayors generally pass the torch well from one administration to the next. And one piece of advice consistently gets passed down from one mayor to another: Take the U.S. Conference of Mayors seriously.
Carmel consulting firm hiring 25 amid HQ move
EnVista LLC, a supply-chain consulting and IT services firm, is relocating its main office to accommodate expected growth.
Nuvo names new editor from within after Wenck’s departure
Former music editor Katherine Coplen plans to continue with changes to the alternative newsweekly and its online site, as well as beef up political coverage.
Two founding partners in ComedySportz exit stage right
Two of the three partners who established the local franchise of the improv-comedy theater have decided to sell their shares to new players.
Hoosiers to receive $8.6 million in e-book credits
The compensation affects purchases made from April 1, 2010, to May 21, 2012. For each e-book that was a New York Times bestseller, consumers will receive $6.93. For all other e-books, the payment will be $1.57.
City to get first look at $70M second phase of Pulliam Square
Dubbed The Park at Pulliam Square, the nine-story, 334-unit project would be built on the site of the former Indianapolis Star headquarters downtown.
After report of Kite deal, CEO of Glimcher resigns
Retail real estate firm WP Glimcher denied last week that it was in talks to merge with Indianapolis-bases Kite Realty Group Trust. Now its CEO is gone, and directors are reevaluating its portfolio.
Markets, bettors put money on Britain staying in EU
The momentum appears to favor those who wish to remain in the European Union. The betting market Betfair said the probability that the country will stay stands at 86 percent. Optimism in financial markets also points in that direction.
Applications for U.S. jobless aid fall, in sign hiring could improve
Fewer people sought U.S. unemployment benefits last week, the Labor Department said Thursday, evidence that employers are holding onto their staffs and may even step up hiring.
Startup tech firm Sigstr plans $1.4M expansion, 111 new jobs
The firm, which helps companies use their email signatures for marketing, will double its space in the Circle Tower Building in downtown Indianapolis.
Report: Indy metro area accounts for 40 percent of state economy
Indianapolis' gross metropolitan product was $130.8 billion in 2015, which ranked it 26th among U.S. metro areas. It's projected to grow 3.6 percent this year and 4.8 percent in 2017.