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Indianapolis-based electronics and appliances retailer HHGregg Inc. said today it plans to appoint a new CEO in August. It also said its current CFO is stepping down. The company’s current president, Dennis L. May, will take over for Jerry W. Throgmartin, a 33-year veteran of the chain who has served as CEO since 2003. Throgmartin […]

Thousands of Hoosiers are waiting to see how they will be affected when two automakers submit cost-cutting proposals today. Lawmakers told officials from General Motors and Chrysler that they would need to submit new business models in order to receive billions of dollars in federal money. The proposals are expected to call for layoffs, plant […]

The Carmel City Council has approved a $20 million floater loan to keep the Keystone Avenue project moving. The chief engineer had asked for an additional $8 million to turn six intersections along Keystone into roundabouts, but that request was not approved. Last night’s meeting got heated when one of the councilors accused Carmel Mayor […]

Business owners tonight have a chance to weigh in on a project that would rebuild a portion of Interstate 465 on the west side of Indianapolis. The meeting will deal with the section from the Sam Jones Expressway to the 21st Street overpass. The project will take about two years to finish and is expected […]

Central Indiana home sales plunged nearly 16 percent last month, compared with a year earlier, according to a report released yesterday by Landrigan & Co., an Indianapolis residential real estate firm. Landrigan said January sales in 13 area counties, including Marion, totaled 1,177, down from 1,395 in the same month last year. The average sales […]

Finalists have been selected for Purdue University’s Burton D. Morgan Business Plan Competition, which will award a total of $100,000 in prize money to winners in an effort to spur entrepreneurship. Finalists will make their business-plan presentations Feb. 24 from 8:30 a.m. to 4:15 p.m. in Discovery Park’s Burton D. Morgan Center for Entrepreneurship in […]

President Barack Obama plans to sign the $787 billion economic stimulus bill into law today in Denver. The spending plan is expected to provide Indiana with more than $6 billion in direct federal funding. Fox 59 News will have more at 10 p.m.

Central Indiana home sales plunged nearly 16 percent last month, compared with a year earlier, according to a report released yesterday by Landrigan & Co., an Indianapolis residential real estate firm. Landrigan said January sales in 13 area counties, including Marion, totaled 1,177, down from 1,395 in the same month last year. The average sales […]