Investing

Liquidation not needed, developer HDG Mansur tells court

September 15, 2014
 Bloomberg News and IBJ Staff
Two affiliates of troubled Indianapolis-based developer HDG Mansur oppose requests to appoint a Chapter 11 trustee or convert the case to a liquidation in Chapter 7, saying significant progress has been made toward a plan and global settlement of claims.
More

Crowdfunding site Localstake sees surge in deals

September 13, 2014
Jared Council
The seven-employee Indianapolis firm launched in June 2013, raising funds for two companies in its first six months. Over the following eight months, it brokered funding for eight companies and has eight in queue.
More

Pete the Planner uses humor, straight talk to become media sensationRestricted Content

September 13, 2014
Sam Stall
Peter Dunn, a prolific tweeter who appears on broadcast outlets as well as in The Indianapolis Star, hopes the release of six books in January further builds his profile.
More

Local pair wages battle against Manhattan financierRestricted Content

September 13, 2014
Greg Andrews
Jonathan Evans and Sean O’Connor of the Carmel investment firm JWEST LLC are trying to win election to the board of Rand Logistics, which they believe is being mismanaged by Chairman Laurence Levy.
More

Local lawyer among first to accept Bitcoin for services

September 10, 2014
Indiana Lawyer Staff, Dave Stafford
Intellectual property attorney Paul Overhauser's clients are often on the cutting edge of Internet technology, so he decided that in addition to dollars, he'll take digital dough.
More

Repayments to church scam investors wrapping up

September 3, 2014
Associated Press
The last refund checks to devout investors who lost millions in what amounted to a religious Ponzi scheme are ready to be mailed after being tied up in court for nearly a decade.
More

Smarter Remarketer gets $7M in fundingRestricted Content

August 30, 2014
Smarter Remarketer, an Indianapolis-based retail technology firm, said Aug. 27 that it has lined up $7 million in venture debt financing from Los Angeles-based City National Bank.
More

S&P 500 sets all-time high in intraday trading

August 25, 2014
 Associated Press and IBJ Staff
The index breached the 2,000-point barrier soon after markets opened on Monday, nearly hitting 2002 points around noon. The Dow also was near its high watermark.
More

A love story with Christ Church takes contentious turn

August 23, 2014
Greg Andrews
This is far from the first time that heirs and beneficiaries of the Lilly family fortune have tangled over how it was managed.
More

Yellen to give her outlook as Fed honeymoon fades

August 20, 2014
Associated Press
The perilous question that now awaits Janet Yellen's Federal Reserve has put investors on nervous alert: Can it manage to raise rates from record lows without weakening the U.S. economy or spooking markets?
More

Inventor to try crowdfunding to launch cycling product

August 20, 2014
 Associated Press and IBJ Staff
An Indiana inventor plans to use the power of the people—and the World Wide Web—to secure funds to produce prototypes for the Land Zeppelin, an apparatus that allows bicyclists to ride in the rain without getting wet.
More

Local man faces 20 investment-related felony counts

August 13, 2014
Jeff Newman
Robert E. Wilson, 54, who operated locally based Wellington Institutional Management LCC, was charged in Marion County Court with 10 counts of securities fraud and 10 counts of being an unregistered broker-dealer.
More

Church accuses JPMorgan of mismanagement, self-dealing

August 13, 2014
Cory Schouten
Christ Church Cathedral has filed a federal lawsuit against JPMorgan Chase, alleging the bank's "intentional mismanagement" and "self-dealing" led to $13 million in losses in church trust accounts endowed in the 1970s by Eli Lilly Jr.
More

New Simon VC arm making bets on retail technology

August 9, 2014
Greg Andrews
The newly formed Simon Venture Group is betting millions of dollars on nascent technology companies that hope to reshape retailing.
More

Skarbeck: Pension funds rethinking zeal for hedge fund betsRestricted Content

August 9, 2014
Ken Skarbeck
The California Public Employees’ Retirement System, the largest public pension fund in the United States, recently announced it would reduce its hedge fund investments by a dramatic 40 percent.
More

Not so golden: Wealth gap lasting into retirement

August 4, 2014
Associated Press
With traditional pensions becoming rarer in the private sector, and lower-paid workers less likely to have access to an employer-provided retirement plan, there is a growing gulf in the retirement savings of the wealthy and people with lower incomes.
More

Investor reimbursement fund off to slow start

August 2, 2014
Chris O'Malley
Time required for investigations, prosecutions caused delays.
More

Stock market plunges as multiple worries vex investors

July 31, 2014
Associated Press
The stock market fell in early trading after a dose of bad earnings news, and the losses accelerated throughout the day. The three major indexes suffered their biggest losses in months.
More

Fed offers no clearer hint on first rate increase

July 30, 2014
Associated Press
The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help. But it's offering no clearer hint of when it will start raising its benchmark short-term interest rate.
More

Mitchell departs state job for treasurer's race

July 28, 2014
Associated Press
Kelly Mitchell announced Friday she was leaving her job as an investment director in the state treasurer's office Aug. 1.
More

Hauke accounting firm to pay $1.8M in fraud settlement

July 22, 2014
Jeff Newman
DeWitt & Shrader PC, an Indianapolis-based accounting firm that worked for convicted Ponzi schemer Keenan Hauke, has agreed to settle a state lawsuit, Indiana Secretary of State Connie Lawson announced Tuesday.
More

WellPoint stock ascends to a record $110 per share

July 12, 2014
J.K. Wall
Indianapolis-based WellPoint saw its shares close July 9 at $110.87 per share, compared with less than $85 just five months ago.
More

Ball State hires prosecutor to review investment fraud

July 11, 2014
Associated Press
Indianapolis attorney Deborah Daniels will scrutinize what happened to $13.1 million.
More

Durham victims wait and wait, as quest for cash continues

July 5, 2014
Greg Andrews
The bankruptcy trustee who has been trying to scrape together money for victims of Indianapolis financier Tim Durham’s Ponzi scheme just struck two lawsuit settlements that underscore the daunting obstacles he faces.
More

Ex-Hoosier funnels millions back home to local tech firms

July 5, 2014
Dan Human
West Coast investor Parker Hinshaw and his wife, Jean Balgrosky, in 2012 founded San Diego investment firm Bootstrap Incubation LLC and in 2013 the Bootstrap Venture Fund, which have funded three Indiana companies in less than a year. A fourth deal is about to close.
More
Page  1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

ADVERTISEMENT