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Questions abound as HHGregg tries to right itself

April 21, 2016

After all the turmoil, investors are eager for signs that interim CEO Robert Riesbeck is righting the ship.

IBJ wins 10 awards at state Excellence in Journalism contest

April 23, 2016

Among the winners were reporters Jared Council and Lou Harry, who won top honors for their work in business reporting and arts and entertainment coverage.

Years after Irwin Union’s failure, a lawsuit yields settlement

April 28, 2016

The FDIC has settled a lawsuit against four former executives of the bank. Meanwhile, in a separate suit a bankruptcy trustee continues to press his claims against three other executives.

HDG Mansur examiner hopes to hit insurance jackpot

May 12, 2016

Bankruptcy examiner John Humphrey, who has been investigating potential claims against HDG Mansur founder Harold Garrison, is hoping for a big payout from the company's $5 million directors and officers liability insurance policy.

Changes in retail expand gulf between haves, have-nots

May 19, 2016

It turns out that Simon Property Group spun off its less profitable malls and zeroed in on high-end properties at just the right times. Analysts say middling malls are losing out as retailers decide where to pare locations.

CNO changes course with Monumental Marathon sponsorship deal

June 1, 2016

Monumental Marathon Executive Director Blake Boldon called the three-year title sponsorship deal with CNO Financial Group “a game-changing sponsorship.”

Republic Airways’ executive-bonus plan could face headwinds

June 2, 2016

If a bankruptcy judge approves the incentive plan, six senior executives of the commuter carrier would split as much as $4.7 million in bonuses over the next three quarters.

Biglari’s Maxim saga drenched with drama, red ink

June 9, 2016

A former employee alleges that Sardar Biglari insisted Maxim devote 50 pages of the December/January issue to Monaco, where he spends significant time, and include features on his favorite cigar shop and on David Letterman, part-owner of the race team Steak n Shake sponsors.

Zimmer Biomet to buy LDR for $1B to add spine devices

June 13, 2016

Indiana-based Zimmer Biomet Holdings Inc. has agreed to buy LDR Holding Corp. for about $1 billion in cash to add surgical technologies for the treatment of patients with spine disorders.

Endowment’s rising assets give Indy competitive edge

June 17, 2016

After a long swoon, the Lilly Endowment is packing an increasing philanthropic punch. Assets climbed to $11.8 billion in 2015, the fifth straight year they rose.

Thorn in side of Noble Roman’s dumps stock for big loss

June 23, 2016

An Atlanta-based activist investor that had blasted Noble Roman’s Inc.’s management and called for the company’s sale has reversed course.

Finish Line struggles to hit stride with JackRabbit running-store chain

June 30, 2016

Management is talking as though it might jettison the 71-store, money-losing division if it doesn’t sharpen performance quickly.

Pacers’ legal tenacity on display in IRS fight

July 7, 2016

The legal fallout stemming from Melvin Simon’s decision to unload his half of the Indiana Pacers to his brother Herb just a few months before his September 2009 death is getting crazier by the day.

Out-of-spotlight retailer does big business from Indy

July 14, 2016

Fullbeauty Brands, which sells through such plus-size catalogs as Woman Within and Roaman’s, ships nearly 16 million packages a year out of its Southeastern Avenue fulfillment center.

Chicken chain with big appetite for growth stumbles in Indy

July 28, 2016

After rapidly opening restaurants in Indianapolis, Atlanta-based Popeyes says they are underperforming, and it's trying to bolster their results.

Kite Realty spent millions on deal that didn’t occur

July 28, 2016

The Indianapolis-based company spent $2.8 million in the second quarter on a potential purchase it ultimately decided not to pursue.

Priority list includes an arena ‘Avatar’ show, State Fair concerts

August 8, 2016

Also, a festival celebrates arts and culture on W. Michigan St.

Kite Realty’s focus on primo locations serving it well

August 18, 2016

Kite Realty Group Trust has built an admirable record of picking winning locations for its centers and keeping them vibrant with tens of millions of dollars in upgrades.

In reversal, radio’s eternal optimist sees clouds ahead

August 25, 2016

Emmis CEO Jeff Smulyan, who rolled out a buyout offer for the company this month, says its investments in NextRadio and Digonex are years away from paying off.

What did ITT in? Short-sighted thinking, critic says

September 1, 2016

Under CEO Kevin Modany's stewardship over the past decade, ITT Educational Services Inc. has seen its stock market value drop from $2.9 billion to $8 million.

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