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CIB OKs $2.6M in carpet upgrades for convention center

Capital Improvement Board plans to spend about $2.6 million to replace 370,000 square feet of carpeting in the older portion of the Indiana Convention Center to match the carpet in the new addition.

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.

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.

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.

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.

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.