Factory orders sink for first time since June
Factory orders declined 0.9 percent in October, the Commerce Department reported Friday. It was the first setback since June and the biggest decline since a 1.8-percent fall in May.
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Groundbreaking nears for $7.5M Fletcher Arts project
Developer and architect Craig Von Deylen is finalizing plans for a mixed-use project called Fletcher Arts just west of the intersection of Virginia Avenue and East McCarty Street.
UIndy rolls out new Lugar Center scholarship program
The program will award $10,000 per school year to each of 10 incoming students who attend the annual Richard G. Lugar Symposium for Tomorrow’s Leaders.
Two more WellPoint executives set to depart
Chief Actuary Cynthia Miller and Chief Strategy Officer Bradley Fluegel—both of whom were prominent during the health reform debate—are leaving the health insurance giant.
World Bank chief: U.S. still good place to invest
Robert Zoellick, who was set to address the Economic Club of Indiana on Friday, doubts the United States’ debt problems will become as severe as the crisis in Europe and said the U.S. is still a good investment for foreign countries.
Children’s choir founder taps protege
Indianapolis Children’s Choir founder Henry Leck has named Josh Pedde as the first assistant artistic director in the 25-year history of the not-for-profit organization.
Jobless rate rises to 9.8 percent as U.S. job growth slows
With hiring so weak, the unemployment rate rose from 9.6 percent to 9.8 percent. The jobless rate has now topped 9 percent for 19 straight months, the longest stretch on record.
NFP of NOTE: Hamilton County Area Neighborhood Development Inc.
HAND’s mission is to create and promote affordable, quality housing and to educate the community about housing needs.
Indiana revenue shows slight gains in November
Indiana’s finances showed signs of life in November as growth in sales and individual income tax collections helped bring in $49 million more than projected in the most recent revenue forecast.
Indianapolis airport credit rating maintains altitude
Moody’s said the airport has a diversified mix of carriers and cargo operations, little competition from other airports, and a stable market area.
2010 Holiday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
Penske signs Meijer to multiyear sponsorship deal
The Meijer grocery store chain will join Penske as a sponsor of its three-car IndyCar Series program, beginning with the 2011 season.
Developer says Broad Ripple hotel will have ‘green’ elements
Developer Debra Stolen Hasbrook found the site at 6520 Westfield Boulevard while running on the Monon Trail.
Think car sales benefit battery-maker EnerDel
Indianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
Foreclosed-property care sparks fight over who’s responsible
Lawmakers might address in the upcoming legislative session the controversy over who is responsible for upkeep on foreclosed properties.
St. Francis Hospital project targets Greenwood’s growth
The $20 million facility would attempt to capture some of the 32-percent growth in population Greenwood experienced from 2000 to 2009.
IU tries new tack in online education
Traditional colleges like Indiana University know they must shift to more online learning options or else lose students to upstart competitors using digital technology to offer college curriculum at greater convenience.
Fountain Square turning to first-of-kind tax to fund improvements
A Fountain Square group led by neighborhood business owners hopes to create an “economic improvement district” for the up-and-coming neighborhood, where additional tax revenue could be used for everything from litter cleanup and marketing to capital improvements.