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Not-for-profit hoping to grow microloan program
Small amounts of funding often ignored by larger banks.
For graying generation, startups are booming
Since the 1990s, the demographic makeup of new entrepreneurs has been steadily shifting toward baby boomers as they seek personal and financial fulfillment. Count Fountain Square Brewing Co.’s Bill Webster among them.
Local WellPoint unit eliminating 112 employees
National Government Services Inc., which processes Medicare and Medicaid claims for the federal government, attributed the job reductions to the loss of a government contract. The subsidiary will still have about 500 workers in Indianapolis.
Children’s Museum selects developer for Winona site
Local affordable housing developer The Whitsett Group has been chosen to redevelop the site on North Meridian Street. Its other major development is a $22 million project set for the former Keystone Towers site.
Truck fire closes I-65 lanes
All northbound Interstate 65 lanes in Boone County were closed late Wednesday morning after a semitrailer carrying hay caught fire. Emergency crews were dispatched at 10:30 a.m. to the site just north of Lebanon, near the 149-mile marker. Officials said they expected a lengthy cleanup.
Four injured in city house fire
Four people suffered smoke inhalation during a house fire early Wednesday morning in the 500 block of Hamilton Avenue on Indianapolis’ near-east side. Three people were treated for smoke inhalation at the scene and another was taken to the hospital. The blaze broke out about 1 a.m. A cause was not immediately known.
School bus rams Carmel house
A school bus careened through a backyard and crashed into the side of a Carmel home about 6:30 a.m. Wednesday. No students were aboard the bus when it crashed. Officials say the driver was alert and taken to a hospital for evaluation. Four family members were home at the time, but weren’t injured. The impact tore bricks and gutters off the side of the house in Tarkington Commons, near 131st Street and Gray Road. A cause for the crash wasn't immediately known.
Rivers Edge success spawns 2 new retail strip centers
Kite Realty's redeveloped Rivers Edge shopping center along 82nd Street at Dean Road is 100 percent occupied, leaving other developers to capitalize on stronger retail demand in the area.
Pacers reach critical time to showcase character
It would be easy for the Indiana Pacers to seek revenge during Thursday's game for assaults leveled in this playoff series by the Miami Heat. But it's a crucial time to for the team to show this market how much class they have, whether in victory or defeat.
Howard officials OK hospital merger with Community
The merger of Kokomo’s Howard Regional Health System into Indianapolis-based Community Health Network received final approval Tuesday night.
State museum uncovers hidden Steele painting
The unusual find occurred when the museum, which boasts the largest collection of T.C. Steele paintings in the country, shipped one of the Hoosier artist’s works to be cleaned by a conservator. He said the 122-year-old hidden canvas he found underneath was like a “King Tut” discovery.
Andretti Autosport may expand into NASCAR
Sources close to Indianapolis-based Andretti Autosport say officials for the IndyCar Series team are talking to Dodge executives about putting a team in NASCAR next year.
Indianapolis Public Schools laying off 163 workers
Indiana's largest school district is planning to lay off 163 workers, including 94 teachers, largely because of the state takeover of four schools starting this fall.
Steak n Shake woos real estate pros
Steak n Shake made a big splash at the International Council of Shopping Centers deal-making convention in Las Vegas as it pushes an aggressive plan to grow via franchising.
Purdue economist predicts gas prices won’t top $4
Purdue agricultural and energy economist Wally Tyner said Indiana's gas prices will likely remain between $3.50 and $4 per gallon over the summer as long as there’s no new turmoil in the Middle East.
HHGregg’s profit jumps on life-insurance payout
The Indianapolis-based appliance and electronics retailer on Wednesday reported fiscal quarterly profit of $53.6 million, including $39.6 million from a life insurance policy the company took out on former executive chairman Jerry W. Throgmartin.
Gregg picks Simpson to add balance to ticket
Democratic gubernatorial candidate John Gregg reached out to his party's base Tuesday with his pick for lieutenant governor, a liberal lawmaker with decades of experience at the Indiana Statehouse.
Ticket giveaway: Chow Down Midtown…before or after a comedy show
Win tickets to a comedy show at Crackers, plus two gift cards for participating Chow Down Midtown restaurants.
Also this week
Lynyrd Skynyrd entertains Carb Day crowds at the Indianapolis Motor Speedway May 25. Details here.
The Ceilidh at Garfield Park, May 24, includes the Gordon Pipers, Cathy Morris and more. Details here.
Folk/rock trio The Lumineers perform at Radio Radio May 24-25. Details here.
Besides horse racing, there’s Foreigner May 26 at Hoosier Park. Details here.
Madison’s Ohio River Valley Folk Festival includes performances by Band of Heathens, The Black Lillies and Hayes Carll. May 20-24. Details here.