U.S. home prices rising faster than average incomes
U.S. home prices climbed at more than double the rate of incomes in January, a trend driven by tight supplies that could ultimately create affordability challenges.
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Station owner takes steps to thwart skimming at gas pumps
Ricker's, an Anderson-based business with convenience store/gas stations throughout Indiana, is spending $150,000 to prevent the crimes from getting out of hand.
Speedway looks to lure more development to Main Street
The town is accepting proposals to redevelop the last two parcels it owns on the street, which continues its transformation into a hub of retail activity.
Law mandating calorie labels on menus delayed again
The Food and Drug Administration said this month that it will delay enforcement of menu labeling rules — again — until next year.
Downtown eatery makes ‘100 Hottest Restaurants’ list
Only one dining spot in Indiana was selected for this year’s list of the “100 Hottest Restaurants in America,” named by online reservation service OpenTable.
Beef consumption on the rise as prices ease from record highs
Americans will eat an estimated 54.3 pounds of the red meat this year—the first increase since 2006 and almost a half-pound more per person than in 2015.
Two Indiana bakeries feud over 4-sided doughnuts
Terre Haute-based Square Donuts, which has three locations in the Indianapolis area, wants Valparaiso-based Family Express to get out of the square-doughnut-making game.
Robin Run completes expansion
Robin Run, managed by Brentwood, Tennessee-based Brookdale Senior Living Solutions, added a three-story building that expands its assisted-living and dementia-care services.
Retailer HHGregg loses another senior executive
The revolving door in the leadership offices at HHGregg continued to turn this week with the departure of Trent Taylor, chief information officer. Taylor is at least the ninth senior-level executive to leave HHGregg since mid-2012.
Housing tax credits AWOL for Hamilton County projects
For the fifth consecutive year, Hamilton County has been shut out of federal tax credits for affordable housing projects, while nearby counties have had success in the competitive program.
Finish Line reports strong quarter, soft outlook
The Indianapolis-based retailer of athletic apparel turned in quarterly earnings that beat analyst expectations, but the price of company shares quickly dropped Thursday on weak earnings guidance.
Roundup: Comedy club in Fountain Square; Ramen restaurant in Carmel
The comedy club has taken the space formerly occupied by Cultured Swirl, while Ramen noodles remain trendy with a Tokyo chain’s arrival in Carmel.
Bill banning local plastic bag restrictions signed by Pence
City and county officials across Indiana won't be allowed to tax or restrict the use of disposable plastic bags by grocery stores and other retailers under a new state law.
Residential Real Estate: Marketplace
See what you can buy for $650,000 plus get the details on the most expensive house that sold in the past few months.
Home tour: Italianate home in Old Northside gets modern revamp
The 8,500-square-foot house owned by real estate agent Joe Everhart and Ken Ramsay served as a clubhouse for seven decades before the couple turned it back into a home.
Finding a newly built home for less than $250,000 is tricky
Industry experts point to a host of factors for the increasing shortage but say it’s mostly driven by the state’s property tax caps coupled with rising home-building fees charged by municipalities.
Marketing firm plans new downtown HQ, to hire 20
Indianapolis-based marketing and advertising firm Matchbook Creative is spending nearly $1 million to establish a larger headquarters downtown and plans to more than double its work force by 2019.
Brackett closes flagship Georgia Reese’s eatery on 86th Street
Former Indianapolis Colts linebacker Gary Brackett shut down the northwest-side restaurant on Sunday and is selling the assets and liquor license for $195,000.
Menard teams up with Penske as sponsor for Indy 500
Roger Penske is bringing former IndyCar owner John Menard back to the series as a team sponsor.
Aldi taking Walmart’s low-price edge in grocery wars
Aldi stores lack the massive size and selection of a Walmart, but their rapid proliferation and ability to offer even lower prices are putting pressure on the giant discounter.