Articles

City receives 9 bids for Winona demolition

Indianapolis-based Denney Excavating, which oversaw the implosion of Keystone Towers last month, has submitted the low bid to raze the former Winona Hospital. The city is set to award a contract on Thursday.

Read More

Owner finding new tenants for former Macy’s

High-end custom homebuilder Moussa Khoury and a partner bought the former Macy’s store at Washington Square Mall in 2009 for about $775,000. They paid cash since commercial lending had vanished. Two years later, the investment has begun paying off.

Read More

Pan Am Plaza damage subject of court battles

The owner of Pan Am Plaza’s parking garage, which the city partially closed on Wednesday over safety concerns, has fought legal battles over the damage with Indiana Sports Corp. and Central Parking System.

Read More

Mortgage-default filings surge in Indiana, nation

Default notices sent to delinquent U.S. homeowners surged 33 percent in August from the previous month, a sign that lenders are speeding up the foreclosure process. Indiana saw an increase of 46 percent, a bigger rise than every state except California.

Read More

Retail sales in U.S. stagnate amid poor job market

Retail sales in the U.S. unexpectedly stagnated in August as a lack of jobs restrained shoppers. Chains like Best Buy Co. and Target Corp. say a struggling labor market that’s battered confidence is hurting sales.

Read More