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Kim: Riskiness of bonds takes center stage for investors
Many investors are unaware of the significant risk that seemingly “safe” bonds pose to their portfolios.
Hicks: A better immigration policy needed right now
Our immigration policy is broken. We could absorb many of the best-educated workers in the world, but we encumber them in decades of costly red tape or send them to boost the economies of Canada, Britain and Germany.
City to review tax breaks for five tech firms
The biotech and technology companies could see their Marion County tax abatements reduced or cancelled if officials decide they didn’t fulfill promises on new investment and hiring.
At Home Quarterly: Marketplace
Indianapolis-area statistics on home sales, demographic trends and more.
Ice Miller, Bingham firms reduce downtown office space
Ice Miller gave up two floors at the OneAmerica Tower and Bingham Greenebaum Doll one floor at Market Tower as they and other law firms search for ways to cut costs in a highly competitive market.
Seiwert to rejoin city as corporation counsel
Andrew Seiwert, who twice has served as associate corporation counsel for Indianapolis, will succeed Samantha Karn as she takes a position with the University of Indianapolis.
High-profile Carmel property draws just one bid
Would-be buyers of the former Party Time Rental site in Carmel were asked to pitch plans for a three-story (or taller) mixed-use building featuring first-floor retail and plenty of parking.
Pence names Lilly alum Tobias, Pacers’ Morris as IU trustees
Retired Eli Lilly and Co. executive Randall Tobias and Pacers Sports & Entertainment President Jim Morris have been appointed to three-year terms on the Indiana University Board of Trustees.
Black Expo shooter arrested again
The man convicted of shootings during the 2010 Indiana Black Expo Summer Celebration that left at least nine people wounded in downtown Indianapolis was arrested Wednesday night after a police chase on the city’s northwest side. Shamus Patton, 20, and two other men were taken into custody after the pursuit. Police said it began with an attempted traffic stop. When the chase ended at 25th Street and Falcon Drive, police discovered two guns in the vehicle. Patton was sentenced to eight years in prison for aggravated battery after the IBE shootings. He was scheduled to be released from the Indiana Department of Corrections in mid-July, but was being housed in a community transitions unit after serving only two years, eight months and 30 days.
Undercover probe nets car theft suspects
Marion County prosecutors announced charges Wednesday against five men accused of stealing seven vehicles valued at $107,000 in Marion, Johnson and Hendricks counties. The charges stem from a nearly year-long undercover operation conducted by Lawrence and Indianapolis police, state police and the National Insurance Crime Bureau. The accused—Jeremy Henderson, Jamison Scott, Terrel Kay, Dominique Miller and Arron Smith—all have been charged with at least one felony count of auto theft.
Black Expo shooter arrested again
The man convicted of shootings during the 2010 Indiana Black Expo Summer Celebration that left at least nine people wounded in downtown Indianapolis was arrested Wednesday night after a police chase on the city’s northwest side. Shamus Patton, 20, and two other men were taken into custody after the pursuit. Police said it began with an attempted traffic stop. When the chase ended at 25th Street and Falcon Drive, police discovered two guns in the vehicle. Patton was sentenced to eight years in prison for aggravated battery after the IBE shootings. He was scheduled to be released from the Indiana Department of Corrections in mid-July, but was being housed in a community transitions unit after serving only two years, eight months and 30 days.
Undercover probe nets car theft suspects
Marion County prosecutors announced charges Wednesday against five men accused of stealing seven vehicles valued at $107,000 in Marion, Johnson and Hendricks counties. The charges stem from a nearly year-long undercover operation conducted by Lawrence and Indianapolis police, state police and the National Insurance Crime Bureau. The accused—Jeremy Henderson, Jamison Scott, Terrel Kay, Dominique Miller and Arron Smith—all have been charged with at least one felony count of auto theft.
Symphony conductor Urbanski, wife settle in at CityWay
The Indianapolis abode of Polish-born conductor Krzysztof Urbanski and his wife, Joanna, is nice but a bit on the small side—a 1,376-square-foot apartment inside downtown’s new CityWay development.
Colts partner with Rock n Roll Marathon promoter to host race
Indy-area runners will have a chance to run through the tunnel and onto the field at Lucas Oil Stadium for the first Colts Back to Football Run on Aug. 24. The five-kilometer race will end at the 50-yard line.
Second-home sales rebounding with broader market
Buyers coming into the market range from retirees to wealthy executives and even modest earners.
Posey County backs bonds for $1.3B fertilizer plant
A southwestern Indiana county is issuing $1.3 billion in bonds for a fertilizer plant being developed by a Pakistan-based group after Gov. Mike Pence pulled state support.
Neal Brown out, Late Harvest chef in at Nora development
Ryan Nelson, chef/owner of Late Harvest Kitchen, plans to open a barbecue restaurant at PK Partners’ Nora Shops West project after Neal Brown of Pizzology backed out of his deal.
Indy-based 3D printer lands incentives for expansion
3D Parts Manufacturing LLC plans to invest $6 million to lease and equip 25,000 square feet of operations space and hire 65 workers by 2018.