Greenwood biotech firm’s assets to hit auction block
The remnants of ill-fated Elona Biotechnologies Inc. will be auctioned on Sept. 27, presenting a rare turnkey opportunity for entrepreneurs interested in jumping into the life sciences industry.
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East 10th Street home not your typical modular
Veteran custom homebuilder Ursula David moved into her modular home about a month ago and has eight more lots available in the Cottage Home Neighborhood.
Indiana Supreme Court to review energy contract
The Indiana Supreme Court will hear arguments Thursday on a lower court ruling invalidating part of a contract that would require the state to buy synthetic natural gas from a southwestern Indiana plant and resell it on the open market for 30 years.
Elkhart building at center of Bales trial set for auction
The building, owned by Indianapolis attorney Paul Page, houses Indiana’s Department of Child Services. Page agreed in January to plead guilty to one count of wire fraud in exchange for cooperating with federal prosecutors in the trial of brokers John M. Bales and William E. Spencer.
State appeals court sets hearing on IBM welfare lawsuit
The state is appealing a Marion County judge's ruling last year awarding $52 million to IBM after then-Gov. Mitch Daniels canceled what was a 10-year, $1.37 billion contract.
City targets east-side parcel for housing development
The city hopes to seek bids to redevelop land along East Washington Street that is part of the four-acre P.R. Mallory industrial complex. Real estate experts say an affordable housing project might make the most sense.
You-review-it Tuesday: WARMfest, the new Playscape, and more
Did you get to Mumford and Sons? Visit the Children’s Museum’s revamped Playscape? Catch WARMfest?
Commuters cope with downtown Indy highway project
Officials say they didn’t see problems any worse than anticipated Tuesday morning when commuters dealt with the closure of a key section of Interstates 65 and 70. But the afternoon could be a different story.
After tough August, investors face scary September
September is traditionally the stock market’s worst month of the year, but there are several unique events in store over the next few weeks that could make trading even more turbulent.
Hoosierwood: Group seeks state tax incentives for filmmakers
A lobbying group is hoping it can persuade Indiana lawmakers to approve tax incentives to companies making movies in the state, saying it will create jobs.
GOP powerbrokers crafted Indiana education policy, emails show
The Indiana education overhaul associated with Tony Bennett and then-Gov. Mitch Daniels actually was crafted in private by a handful of state GOP bigwigs, including Al Hubbard, Mark Miles and Mark Lubbers, according to emails obtained by the Associated Press. Elected officials weren’t included for months.
Ford recalls 370,000 cars
Potential corrosion to the cars' steering shafts might result in loss of control. No incidents or injuries have been reported.
Duke Energy to retire five Indiana coal-fired plants by 2018
A state administrative law judge oversaw the settlement, which was signed Wednesday by Duke Energy, the Sierra Club, Citizens Action Coalition, Valley Watch and Save the Valley.
Pot-growing operation sparks fire
A heating element and exhaust unit used for growing marijuana sparked a Noblesville house fire Thursday night. Homeowner Bruce Cornelius was at the home at 3211 Westfield Road at about 9:50 p.m. when the fire began in an attic, causing an estimated $139,000 in damage. Hamilton County police removed 30 pot plants from the residence.
Motorcyclist dies in I-465 crash
A motorcyclist died on Interstate 465 near the West 62nd Street exit just after 12:30 a.m. Friday. An Indianapolis police officer observed the cyclist racing against a Dodge Charger shortly before the accident. Police were able to track down the Charger’s driver, who they believe was under the influence of alcohol.
Five hurt in overnight shootings
Indianapolis police are investigating four shootings that occurred between 11 p.m. Thursday and 3 a.m. Friday, injuring five people. Two people were shot near 42nd Street and Sheridan Avenue in the first incident. Another was shot near 37th Street and Hillside Avenue. The third shooting left a man in critical condition near 31st and Hovey Street. A man suffered a gunshot wound to the leg in the fourth incident on West 27th Street. No arrests have been made.
Indy needs bigger pile of corporate cash to win 2018 Super Bowl
Indianapolis Super Bowl Bid Committee officials said Friday they’ll need to raise $5 million more in advance corporate and private donations for the 2018 game than they did for the 2012 Super Bowl.
Hauke fraud victims to get $1M in initial restitution
Former money manager Keenan Hauke was sentenced in July 2012 to 10 years in federal prison after pleading guilty to running a Ponzi scheme that defrauded 67 investors of $7.1 million. Even more victims have emerged since the sentencing.
Johnson County, Franklin near end of buyouts after 2008 flood
After the final buyouts, a total of 107 homes will have been razed with about $8.5 million in federal funds.
Salesforce’s bet on ExactTarget starts to pay off
The $2.5 billion purchase of ExactTarget will add $140 million to $145 million in revenue this year for Salesforce.com, the firm said Thursday. Its shares soared 13 percent in Friday morning trading.