Mind Trust lands $4.6M grant from Walton Family Foundation
The Walton Family Foundation was created by Walmart founder Sam Walton and his wife, Helen. The group awarded more than $595 million in education-related grants in 2018 alone.
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Area existing-home sales break out of seven-month slump
The median sales price for an existing single-family home in the Indianapolis area increased 10.1%, to $200,295, marking the third straight monthly record.
Indiana’s unemployment rate dips in July
At 3.4%, Indiana’s rate remained lower than those of all neighboring states and the country as a whole.
Braun’s assets appear to take a hit from 2017 to 2018
Sen. Mike Braun’s total assets are worth roughly $12 million to $49 million—compared with the $36 million to $96 million the Jasper Republican reported last year.
A heavy lift: Religious black voters weigh Buttigieg’s bid
Pete Buttigieg also has offered a broad policy agenda for African Americans and has been outspoken on the issue of race. But he consistently polls in the low single digits among black voters.
Weak global growth likely to mean U.S. slowdown, not recession
Most analysts expect the U.S. economy to power through the rough patch, at least in the coming months, on the strength of solid consumer spending and a resilient job market.
Hogsett wants city street crews to operate more like police force—on beats
An $8 million DPW budget increase proposed Thursday would add street operators and a second shift of operations. Also on Thursday, the public works committee unanimously approved a proposal to appropriate $40 million in revenue bonds to fund road and bridge infrastructure.
Plus-sized retailer with two local stores going out of business
Women’s retailer Avenue Stores LLC is closing all 222 of its locations in 33 states, the company announced this week.
Oaktree Apartments demolition order affirmed by appeals court
Oaktree Apartments, a blighted 19-acre property at the southeast corner of 42nd Street and Post Road with 336 apartment units, has been vacant since 2014.
Innovation Showcase, inaugural venture summit to be back-to-back events
The 11th Venture Club of Indiana Innovation Showcase is less than a week away, and organizers are promising this year’s event is going to be bigger and better than ever.
Local tech company Doxly acquired by Chicago-based firm
Doxly, which helps clients collect and manage legal documents through a cloud-based platform, has been purchased by Litera Microsystems, a growing provider of document-management software.
U.S. retail sales rise strongly in sign of consumer optimism
Online retailers, grocery stores, clothing retailers and electronics and appliance stores all reported strong gains.
Purdue lands $10M grant for new food safety laboratory
The funding from the United States Agency for International Development will go toward Purdue’s new Feed the Future Innovation Lab for Food Safety.
Woman who sued Indiana Guard leader criticizes retirement
A woman says she’s upset that the Indiana National Guard’s leader was allowed to retire just days after she filed a lawsuit accusing him retaliating against her for reporting his alleged affair with a subordinate.
Crown Hill Cemetery objects to Dillinger exhumation plans
The Indianapolis cemetery where 1930s gangster John Dillinger is buried is objecting to his body’s planned exhumation as part of a television documentary.
Fast-growing logistics firm planning to hire 35 in Indianapolis
The fastest-growing company in the Indianapolis area is making plans for more growth throughout the state.
Analysis: Is U.S. economy nearing a recession?
For now, most economic signs appear solid. Employers are adding jobs at a steady pace, the unemployment rate remains near a 50-year low and consumers are optimistic.
Fishers woman to spend years in prison for fraud, identity theft
A 25-year-old Fishers woman has been sentenced to nearly five years in federal prison after she pleaded guilty to identity theft and defrauding banks of more than $115,000.
Major stock indexes fall 3% after indicator warns of possible recession
The yield on the 10-year Treasury briefly dropped below the two-year Treasury’s yield Wednesday morning for the first time since 2007. The so-called inversion has correctly predicted many past recessions.
Administration takes step to relax trucker drive-time rules
The move has been long sought by the trucking industry but opposed by safety advocates who warn it could lead to more highway crashes.