Fishers-based mortgage company to add 300 jobs
Stonegate Mortgage Corp. plans to move next spring from its current location near 106th Street and Allisonville Road to a 29,000-square-foot office near 106th Street and State Road 37.
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New commission could run state museum
Interim leader is hoping that a more streamlined governance will help the struggling, state-supported museum be more successful in raising private donations and keeping CEOs.
NAI Olympia brokerage firm closing after 20-year run
The principals of NAI Olympia Partners have decided to shut down the firm after 20 years in business, leaving its competitors to pick from more than 20 veteran office, industrial and retail brokers.
GM considering Fort Wayne plant for $230M upgrade
General Motors is considering $230 million in upgrades to its truck assembly plant near Fort Wayne.
Lilly suspends late-stage trial for melanoma drug
Eli Lilly and Co. suspended a late-stage clinical trial of a medicine for skin-cancer patients after 12 patients in the study died.
TJX closing South Bend facility, cutting 725 jobs
More than 700 workers will lose their jobs when an A.J. Wright distribution center in South Bend closes next year as part of as a national consolidation by parent TJX Cos.
Lost funding puts brakes on commuter buses
The expiration of a federal grant will halt a popular suburban commuter bus service at year’s end, but central Indiana transit advocates say it may be just a temporary stoppage.
Simon’s options for Capital Shopping takeover dwindling
Simon Property Group Inc. may be running out of options in its quest to take over Capital Shopping Centres Group Plc and become the largest mall owner in the United Kingdom.
IU surgeon Pescovitz dies in accident
Dr. Mark Pescovitz, a surgeon at the Indiana University School of Medicine, died Sunday in a car accident outside Ann Arbor, Mich., after visiting his wife, Dr. Ora Hirsch Pescovitz.
Big Ten names divisions ‘Leaders’ and ‘Legends’
The conference, expanding to 12 teams in all sports and adding divisions and a championship game in football starting next season, on Monday also unveiled a new logo and 18 football awards, each named after two standout Big Ten performers.
Indiana secretary of state race challenge dismissed
The Indiana Recount Commission has dismissed a Democratic challenge to the Republican candidate's victory in the race for secretary of state.
CIB finances faring better than expected
The Capital Improvement Board, through the first nine months of the year, was running $12.3 million ahead of budget, by posting $6.5 million more revenue than planned while cutting $5.8 million in expenses.
Murderer of 7 appealing sentence
The man convicted in the Hamilton Avenue murders is appealing his life sentence. The Indiana Supreme Court will hear Desmond Turner's appeal on Thursday. He was convicted in November 2009 of killing four adults and three children during a home-invasion robbery. Turner waived his right to a jury trial to avoid the death penalty. A judge sentenced him to life in prison without parole. "The judge was wrong in admitting certain evidence, and there is insufficient evidence to sustain the convictions,” Turner said.
Woman shot to death at gas station
A homicide investigation got under way Monday morning after a woman was shot and killed at a southeast-side gas station in Indianapolis. The shooting happened at the Marathon station near Southeastern Avenue and Sherman Drive. Police say someone drove the injured woman to another location on Albany Road where she was found. She was taken to St. Francis Hospital in Beech Grove, but died as a result of her injuries.
Weather brings delays, closings
Road crews were busy Monday morning, spreading salt and trying to prevent roads from becoming ice-covered. The Indiana Department of Transportation had more than 60 snow plows out on patrol trying to keep interstates clear, while Indianapolis had a full fleet of 75 trucks working the secondary roads and side streets. Fox59 News received more than 250 notices of closings and delays, as frigid temperatures along with blowing and drifting snow made travel dangerous for school buses.
Pacers’ attendance still lagging
Despite an improved team from last year, Indiana Pacers fans are showing up at Conseco Fieldhouse in smaller numbers this season.
Steak n Shake’s annual profit sizzles
The Indianapolis-based restaurant chain grew pretax profit in fiscal 2010 to $37.7 million, a 331-percent increase compared with the previous fiscal year.
Longtime local Cadillac dealer loses fight to sell car
Tutwiler Cadillac, which has sold Cadillacs in the Indianapolis area for almost five decades, has lost its franchise despite a long battle with General Motors.
Area home sales continue downward spiral
Home-sale agreements in the nine-county central Indiana region dropped 17.5 percent in November compared to the same month a year ago, the seventh straight month that year-over-year home sales have slumped.