Lululemon, Five Below coming to Indianapolis
Two of the nation's hottest concepts in retail—a yoga apparel specialist and a new dollar-store concept targeting teens—are coming to Indianapolis.
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East-side shooting injures two
A shooting on the city's east side Monday left one person in critical condition and the other in serious condition. Someone driving a white pickup truck about 5 p.m. in the 2100 block of Yorkshire Road, near 21st Street and Post Road, parked the vehicle, got out and shot the two victims. The suspect then got back into the vehicle and drove off. The victims are expected to survive.
Suspect caught after home invasion
An Indianapolis man is under arrest, charged with tying up an 80-year-old woman and stealing her ATM card Sunday night in the 2100 block of Columbia Avenue on the city's east side. Police say 44-year-old Lee Miller, a homeless man, broke into the woman's home by cutting through a screen in her upstairs window. He forced her to give him her cell phone, ATM card, driver’s license, checkbook and car keys, police say. After he left, the woman was able to use a kitchen knife to cut herself free. She called 911 from a neighbor’s house, and police picked up Miller at a nearby ATM a short time later. He faces charges of robbery, criminal confinement and burglary.
Officer injured in police chase
An Indianapolis police officer was hospitalized Tuesday morning after crashing into a fellow officer’s cruiser while chasing a fleeing suspect. The crash occurred near 38th and Illinois streets. The injured officer was taken to Methodist Occupational Health after complaining of shoulder pain. The suspect ditched his vehicle and ran. Officers set up a perimeter in the neighborhood near Butler University and eventually apprehended the suspect.
Kanaan, Carpenter pushing IndyCar retail sales to new high
Two IndyCar Series drivers who had difficulty landing a full-time ride this year are among the top merchandise sellers this May.
The cultural tourist part 1: Washington, D.C.
First in an ongoing series of explorations of arts beyond Indiana borders. This time: The Kennedy Center’s “Follies” and Arena Stage’s “Ruined.”
Recreational outfitter REI plans store in Castleton
The outdoors retailer REI plans to open its first Indiana store in a former Linens & Things location in the Plaza at Castleton shopping center.
Merrillville-based bank targets Carmel
Centier Bank, a financial firm with 45 branches in northwest Indiana, has opened a business banking office in Carmel and is considering future expansion in the Indianapolis-area market.
Auburn auction school acquired, moving to Indianapolis
Auctioneer Melissa Davis and her father, Jack Christy, owner of Christy’s of Indiana Inc., have purchased the 90-year-old Reppert Auction School and are relocating it to Indianapolis.
Teams scramble to please sponsors during race week
Andretti Autosport's purchase of an Indy 500 ride for bumped driver Ryan Hunter-Reay is an extreme example of the influence sponsors wield in the sport, but it's not unusual for motorsports teams to wheel and deal during race week.
IU plans rare urban education Ph.D. program
Indiana University plans a new Ph.D. program in urban education that would make the school one of a handful in the country to offer a doctorate for those who want to research urban schools.
Simon Property to develop outlet center in Canada
Indianapolis-based Simon Property Group Inc. said Monday that it will open an outlet shopping center in Ontario, the first of the shopping mall owner's line of Premium Outlets-brand shopping centers in Canada.
Indiana GOP chair: Daniels to help shape 2012 debate
Indiana Gov. Mitch Daniels will continue to influence the national debate surrounding the 2012 presidential campaign even though he isn't a candidate, the leader of Indiana's Republican Party said Monday.
Indiana universities face questions over tuition increases
Indiana's top higher education official warned Monday that legislators may demand explanations from public colleges and universities if the schools approve tuition hikes in excess of caps recently suggested by a state panel.
Feds review Indiana law targeting Planned Parenthood
Federal officials said Monday they're taking a hard look at a new Indiana law that withholds some public funding for Planned Parenthood of Indiana, a development that could cost the state some of its Medicaid funding.
Children’s Museum holds key to Winona redevelopment
The Children’s Museum of Indianapolis is playing the role of lead developer for the abandoned Winona Hospital site.
DiBella’s sub shop scouting for Indianapolis locations
DiBella's Old Fashioned Submarines, a chain of gourmet sandwich shops based in Rochester, N.Y., is scouting for locations for between six and eight new restaurants in central Indiana.
INSIDE DISH: Mexican mainstay puts second spot on front burner
After 25 years at La Margarita, stabilizing sales and surviving family tragedy, owner Lori Rangel-Grubbs is branching out to Fountain Square.
Construction
-Kort Builders has started construction of a 3,200-square-foot retail space for Cash America at 4319 S. East St.
-Kort Builders has started construction of a 3,120-square-foot medical space for Ideal Image at 8487 Union Chapel Road.
Residential
On a seasonally adjusted basis, the pace of mortgage loan activity increased 7.8 percent for the week ended May 13, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.60 percent from 4.67 percent the previous week. The rate for 15-year mortgages decreased to 3.75 from 3.81 percent.