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Home-sale agreements rise in Indianapolis area

Pending home sales in the nine-county metropolitan area climbed 7 percent in August compared with the same month a year ago, marking the fourth straight month of year-over-year increases.

Closed Indiana-Kentucky bridge creates rush-hour fiasco

Commuters traveling Monday between Indiana and Kentucky became mired for miles on end in unfamiliar travel patterns with few alternatives as the emergency closure of a bridge crossing the Ohio River left only two spans remaining, detouring tens of thousands.

After 9/11, searching for American optimism

A volley of cataclysmic events—two far-off wars, Hurricane Katrina and its aftermath and, for the past four years, serious economic downturn—has worn down the national psyche.

No more mail? What would Ben Franklin think?

Hanging in the balance is a $1.1 trillion mailing industry that employs more than 8 million people in direct mail, periodicals, catalogs, financial services, charities and other businesses that depend on the post office.

Cummins to sell light-duty filtration business

Engine-maker Cummins Inc. said Thursday that it will sell its light-duty filtration operations to Industrial Opportunity Partners LLC, a private equity firm run by one of its executives.

Mourdock could benefit from climate regulations

Indiana Treasurer Richard Mourdock has campaigned heavily against measures to combat climate change even as he holds stock in an energy company that's banking on those regulations to help build a market for its product.

Stocks plunge as worries about Europe intensify

Stocks plunged Friday, erasing the week's gains, amid rising fears about fallout from Europe's debt crisis. Seeking safer investments, investors sent the yield on the 10-year Treasury note to the lowest level in five decades.

Monument topping now set for Monday

Lady Victory’s return to the top of the Soldiers and Sailors Monument in downtown Indianapolis has been postponed until Monday morning. This week’s windy and rainy weather conditions forced contractors to postpone moving the 118-year-old sculpture several times. Crews will use a crane to lift the bronze statue more than 200 feet to the top of the monument. The sculpture was taken down nearly five months ago for a $1.5 million restoration.
 

Gas leak prompts evacuations downtown

Buildings in downtown Indianapolis were evacuated Friday morning after a gas main ruptured at 31 E. Georgia St. Indianapolis police blocked traffic at Meridian and South streets. The leak started at a worksite where crews are doing construction for the Super Bowl corridor.  
 

Crash near Pendleton kills passenger

A single-car crash early Friday morning on State Road 38 just west of Pendleton killed one person and injured another. Megan Solinski, 29, was pronounced dead at the scene. The driver, Chris Wertz, 36, was taken to the hospital with serious injuries. The car struck a utility pole near County Road 650 W. at about 2 a.m., knocking out power to some homes near Pendleton.

Rail firm says it won’t reach 650-jobs goal in Muncie

Progress Rail Services, which said last October that it would create up to 650 jobs in Muncie by 2012, now expects to employ just 250 people at the plant by the end of next year, according to a magazine.

Manning injury could sack Colts stores’ sales

Local company that manages Colts merchandise sales operations isn't sure what to expect, but is hopeful the sale of 2012 Super Bowl items will make up for any declines.