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Wal-Mart again attempting to build in Zionsville

Wal-Mart Stores Inc. has filed new plans to build a store along Michigan Road in Zionsville, six years after the town rebuffed its original proposal that drew the ire of local residents and merchants.

Weekly U.S. unemployment claims remain high

The Labor Department said Thursday that applications for unemployment benefits declined by 3,000 last week, to 382,000. The four-week average, a less volatile measure, rose for the fifth straight week, to 377,750, the highest level in nearly three months.

GOP senator plans bill decriminalizing pot possession

State Sen. Brent Steele, R-Bedford, said he’ll introduce legislation in the 2013 legislative session that would make possession of 10 grams or less of marijuana an infraction, rather than a criminal offense.

Luxury-outlet strategy puts Simon on top of mall industry

Luxury outlet malls—where upscale retailers such as Coach Inc. and Michael Kors Holdings Ltd. hawk discount goods—are now the main source of expansion for the Indianapolis-based real estate investment trust, the country’s largest.

Cook again tops list of richest Hoosiers

The widow of medical device pioneer Bill Cook ranks 104th with a net worth of $3.7 billion. Other Hoosiers to make the Forbes 400 list were shopping mall magnate and Indiana Pacers owner Herb Simon, hotel developer Dean White and Indianapolis Colts owner Jim Irsay.

Daniels’ health care team says answers pending

Indiana Gov. Mitch Daniels' team of federal health care overhaul leaders told state lawmakers Wednesday that even without clear answers on the new law, it will cost the state hundreds of millions more in the coming years.

Melvin Simon estate collects $944M from share sale

Simon Property Group Inc. has settled a dispute with the estate of its late founder Melvin Simon, converting his ownership units into common shares and selling them for $944 million.

VON DEYLEN: Stay the path toward revitalized Fountain Square

What most people consider Fountain Square is actually a combination of three neighborhoods: Fountain Square, Fletcher Place and Holy Rosary. In 2005, I started working on my first project in this area, and it has changed the direction of my professional path in just about every way possible.

Ten drugmakers team up to improve testing process

Pharmaceutical industry heavyweights, including Eli Lilly and Co., are teaming up to improve the way experimental drugs are tested so they can get approved, and reach patients, faster.

IBJ Commercial Real Estate Power Breakfast – transcript

A panel conversation with Katie Culp, senior managing director, principal, Cassidy Turley; Mike Higbee, president, DC Development Group; Christie B. Kelley, chief financial officer, executive vice president, Duke Realty Philip; G. Kenney, president, F.A. Wilhelm Construction Co.; Thomas K. McGowan, president and chief operating officer, Kite Realty Group; and Tadd M. Miller, CEO, Milhaus Development LLC.

Fire that damaged 2 homes ruled arson

Investigators say a large fire that damaged two houses on the southwest side of Indianapolis late Monday night was intentionally set. Police have identified two possible suspects in connection with the fire in the 2200 block of West Morris Street. The fire caused an estimated $55,000 in damage to a vacant house and $20,000 in damage to a home next door. No injuries were reported.