Indianapolis monument needs more work than expected
Officials say repairs to the Soldiers and Sailors Monument in downtown Indianapolis won't be done before this May's Indianapolis 500 activities as hoped.
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Finish Line tightens laces, rebounds in fourth quarter
Reducing expenses and rejiggering inventory helped the Indianapolis-based retailer of athletic apparel finish a disappointing year with a strong kick.
Dissident shareholder group fails to get key support in Biglari battle
Groveland Capital, which wants to oust Sardar Biglari, failed to get support from the influential advisory firm Institutional Shareholder Services. But ISS agreed Biglari Holdings has serious governance problems.
Online real estate brokerage Redfin enters market; brokers unfazed
A residential real estate service that prides itself on its tech-savvy ways and alternative methods of compensating agents hopes to make a splash in the Indianapolis market.
In-store bank branches fall out of favor
The number of in-store bank branches—mostly at grocery stores—has been trending downward for years, and in the coming months they’ll be all but gone from Indianapolis.
Valet services expand beyond the expected clients
Valet service in central Indiana has expanded beyond upscale restaurants and luxury hotels to hospitals, casual eateries and even a grocery store.
Residential Real Estate: Marketplace
Look here to see the latest housing sales in the Indianapolis area, as well as the most expensive local house sold recently, and a map showing where households with the greatest incomes are located.
Justice center panel to work at fast clip
A board set up to review Mayor Greg Ballard’s criminal justice complex proposal is scheduled to vote April 8, and the five members will be asked to digest loads of information in a two-week span.
Does Biglari’s Steak n Shake storyline rewrite history?
Steak n Shake's parent company quotes longtime director Ruth Person as calling the period before Sardar Biglari took the helm "the scariest of times." But the CEO back then said the burger chain was on solid financial footing.
Couple rescues Italianate farmhouse from decay
Couple called in favors and even kept a picture taken by a photographer who entered the shot in a contest for an image best portraying the emotion of fear.
States ask court to keep RadioShack from selling customer data
Twenty-two states, including Indiana, have rallied around Texas in its legal challenge to RadioShack’s plan to sell personal data on 117 million customers.
Officials hold out hope for historic plant dormant since 2009
A half-mile long and more than a million square feet in size, the former BorgWarner Automotive plant is a fading landmark in Muncie where more than 5,000 used to work. Today, the building is on sale for $1.75 per square foot.
South-side businessman buys old hotel property
Jefferson Shreve has purchased a highly visible site near Interstate 465 and U.S. 31 and is tearing down the hotel that’s been there for decades to make way for a mixed-use development.
Simon wins $150M after long legal battle with 16 insurers
Simon Property Group has been awarded a major victory in a nearly five-year legal battle following a flood that severely damaged one of Simon's shopping malls in May 2010.
Westfield rolls out stricter reporting rules for resale shops
The Westfield City Council approved an ordinance Monday night that requires secondhand stores, pawn shops and metal dealers to report transactions within 24 hours to an online database.
Bill addressing foreclosure-prevention options under fire
An Indiana law that has helped thousands of residents at risk of foreclosure keep their homes could be "gutted" under a bill being considered by state lawmakers, housing advocates say.
Indy Eleven could play soccer at IUPUI for 20 years
State Senate amendment shifts focus from new downtown stadium to refurbished Carroll Stadium.
Denison, Browning snap up Hendricks County parcels
Denison Partners has agreed to buy a one-acre parcel near the southwest corner of Interstate 70 and State Road 267, and Browning plans to buy 11.7 acres near the southwest corner of Washington Street and Ronald Reagan Parkway, an airport spokesperson said.
UPDATE: Simon increases bid for Macerich to $23B in ‘final offer’
By buying Macerich, the largest U.S. mall owner would expand its holdings on the West Coast and add top-tier properties that rarely come up for sale. The offer will be withdrawn if Simon is unable to meet with Macerich to negotiate terms of an agreement by April 1.
Police stations open doors for safer Craigslist deals
Police stations across the country have started offering space for these business exchanges, saying it’s a win-win-win—strangers meet in a safe spot, police help prevent crime, and the danger of doing business on Craigslist decreases.