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Residential
The average rate for 30-year mortgages rose from 4.56 percent to 4.57 percent for the week ended Aug. 14, according to Bankrate.com. The rate for 15-year mortgages fell from 3.62 percent to 3.61 percent.
People
Lucia S. Carter has joined Colliers International as senior vice president and director of project management.
Kim: ‘Golf as a Metaphor for Investing … and Life’
As summer and the golf season fade, this is a good opportunity to reflect and see if there are lessons from the game applicable to other areas of life, like investing.
Hicks: Education debate shouldn’t matter to students
Higher education is undergoing a metamorphosis. Cost-saving measures such as online learning and the ubiquity of technology might seem to make today’s undergraduate experience vastly different from their forbears’. That is a mirage. The most essential elements of an education are unchanged.
City plans to borrow $135M for Rebuild Indy
City officials said Thursday that they intend to spend $350 million over the next three years to improve streets, sidewalks, trails and bridges. More than a third would come from a proposed bond issue.
Man shot on city’s west side
A man was shot in the midsection on the city’s west side at about 12:50 a.m. Thursday. The shooting took place near Walton Street and South High School Road in Wayne Township. Indianapolis police say the man was alive when he was taken to Wishard Hospital.
Masked men hold up gas stations
Police believe a trio of masked men is responsible for two armed robberies of area Speedway gas stations early Thursday. Cumberland police say the men robbed the station on German Church Road at 1:05 a.m., hitting an 18-year-old clerk in the head with a gun. About 45 minutes later, three masked men entered a Speedway at 62nd Street and Allisonville Road and were confronted by a customer. One of the men punched the customer in the face before the group fled to a white Pontiac sedan in a nearby parking lot.
Boy hit with sledge hammer
An 8-year-old Indianapolis boy is in critical condition after being hit in the head with a sledgehammer Wednesday during a large fight on the east side. The disturbance began at about 8:30 p.m. outside an apartment building at 2744 Priscilla Ave., near 21st Street and Arlington Avenue. A 12-year-old girl suffered minor injuries.
UPDATE: Indy schools seek records on state takeovers
Indianapolis Public Schools leaders filed a public records request Thursday seeking information on the 2011 takeover of four schools amid questions about the integrity of the state's A-F school grading formula.
State sends IPL $10 million ‘message’ for subpar work
State utility regulators scolded Indianapolis Power & Light Co. on Wednesday for a presentation that “fell below our expectations.” Now IPL must credit ratepayers $10 million.
‘Sound Medicine’ earning its chops in radio markets across country
Public broadcasting station WFYI-FM 90.1 aims to expand distribution of its locally produced “Sound Medicine” show to include at least 30 radio stations in large- and medium-sized markets in the next two years.
Brownsburg town council head named new state auditor
Indiana Gov. Mike Pence announced Thursday morning he had selected Dwayne Sawyer for the position. Sawyer has been a member of the Brownsburg Town Council since 2009 and became its president last year.
Indiana exports hit record, but growth slows
Indiana exports rose to a record $34.4 billion in 2012 while growing at a rate exceeding the Midwest’s and the nation’s.
Endangered Phillips Temple avoids demolition, for now
The historic but vacant structure at 1226 Dr. Martin Luther King Jr. St. has attracted a few potential buyers, prompting Indianapolis Public Schools to delay demolition of the building pending a deal.
Indiana Members adds small credit union to its fold
Indiana Members, which has 24 branches and $1.3 billion in assets, will grow by one branch and $17 million in assets.
Pence names appointees to motorsports panel
Former Daniels aides among four names added to panel tasked with promoting the industry.
BioCrossroads drops dreams for hospital innovation
In this age of austerity, there’s almost no chance of Indianapolis hospitals creating a Cleveland Clinic-like hub of innovation.
Judge dismisses suit against Indiana immigration law
Two parts of Indiana's immigration law will remain in effect after a federal judge dismissed a lawsuit by a northwestern Indiana Hispanic advocacy group challenging them, the Indiana attorney general's office said Wednesday.