Articles

Pence seeks $86M fund to enhance quality of life

Gov. Mike Pence wants to create an $85.6 million fund to help metro areas improve their quality of life, a new kind of economic development strategy for a state that historically plays up low taxes and highway access.

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How ballyhooed ChaCha lost its mojo

Early enthusiasm for ChaCha Search Inc. was so high that at one point it reportedly received a $100 million buyout offer. But today, with ChaCha’s workforce down to 15, the jubilance is gone, Web traffic continues to drain, and founder Scott Jones appears ready to move on.

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Indy-area home sales perk up

Buyers signed deals for 1,702 homes in January, a 4.7-percent gain over the same month last year. Average home prices and the inventory of listed homes each inched up about 1 percent.

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State budget proposal shifts aid toward wealthy schools

IPS would see a 6-percent reduction in state tuition aid by 2017 despite being one of the state’s poorest districts, with more than 75 percent of children coming from families that are poor enough to qualify for free or reduced-price lunch.

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