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Has Steak n Shake’s value pricing become detriment?

August 10, 2017

Sardar Biglari racked up 29 quarters of consecutive same-store sales gains before the current cold streak hit.

Auto-industry stalwarts Cummins and Allison rev up for era of electrification

August 17, 2017

Industry players find themselves in a precarious spot. If they don’t embrace the electric-vehicle future, they look backward. But if they dive in with excessive exuberance, they risk wasting hundreds of millions of dollars.

University Loft calls out rivals as cheaters, lowers legal boom

August 25, 2017

Competitors in the business of making low-cost furniture for dorm rooms and military bases keep accusing one another of fraud.

Ex-American Senior Communities CFO who avoided indictment blasted in new lawsuit

September 21, 2017

Roger Werner played a “central role” in helping fellow executives fleece the nursing home company, according to a new federal lawsuit.

Judge spares exec from prison in bribery case

September 28, 2017

Dilip Vadlamudi, the founder of Indianapolis-based Pyramid Technology Solutions, funneled money to a co-conspirator in return for millions of dollars of IT work.

Zionsville pharmacist who put himself in feds’ sights admits to felonies

October 6, 2017

Harry Zhang pleaded guilty to two felonies this month after charged with illegally obtaining prescriptions from Canada and Germany and reselling them in China.

Noble Roman’s new tack: a back-to-future strategy

October 12, 2017

If Noble Roman’s Craft Pizza & Pub takes off, the company might franchise dozens of restaurants across the state.

$1B bank merger notable for absence of egos

October 26, 2017

An army of MainSource Financial Group executives will have key roles at First Financial Bancorp after First Financial completes its purchase of the Greensburg-based bank early next year.

Assessing Elanco options: sale, spinoff or status quo?

November 2, 2017

Lilly CEO David Ricks says the time is right “to consider a variety of options to maximize future value,” such as an initial public offering. But analysts say an IPO would make more sense if Elanco were performing better.

ITT failure a calamity, but former execs say not fraud

November 9, 2017

The SEC broadly charges that two former ITT Educational Services executives concealed from investors the “extraordinary failure” of two off-balance-sheet student loan programs ITT helped set up in 2009 after the financial crisis shut down the market for traditional private education loans.

CNO CEO Bonach has left mark on far more than his company

November 22, 2017

Ed Bonach became active in the community partly to send a message to the company’s beaten-down workforce that “you don’t have to hang your head about being part of this company. We are doing a lot of good things, and we will be doing more of them.”

China is giving Cummins a big boost, but will it last?

November 30, 2017

The company's revenue from China, including joint ventures, rose 46 percent in the latest quarter.

Known for malls, Simon turns to apartments, hotels

December 7, 2017

The company said it hasn’t lost faith in brick-and-mortar retail but now is broadening its development focus in a quest to continue increasing the value of its real estate holdings.

Unconventional bank racks up torrid growth

December 15, 2017

Banks aren’t usually among a community’s fastest-growing businesses. But most banks are vastly different from Carmel’s Merchants Bancorp.

Was $115M Anthem settlement deft lawyering or dud?

January 10, 2018

Class action lawyers who negotiated a $115 million settlement with the insurance giant over its 2015 data breach are seeking $38 million in attorney's fees.

Original Circle Centre jeweler closes doors

January 29, 2018

Workers at Andrews Jewelers on the second floor of the downtown mall could be seen on Monday packing up gems and baubles behind security gates.

With Carson’s out, what’s next for Circle Centre?

January 31, 2018

Real estate experts disagree over whether the prominent downtown space being vacated by Carson’s makes more sense for another retailer (perhaps Target?) or for an office user.

Co-conspirator in bribery scheme aims to avoid slammer

January 31, 2018

With the help of friends and family who wrote letters in his support, the first defendant avoided prison time. The second, who's also casting himself as a model citizen who exercised bad judgment, is hoping for the same outcome.

High-end chocolate retailer latest to abandon Circle Centre

February 14, 2018

One of Circle Centre’s original tenants is preparing to close, more than 22 years after entering the Indianapolis market with the downtown store.

Circle Centre not only option for downtown Target

February 15, 2018

If the Minneapolis-based retail giant finally takes the plunge downtown, it might be at another site that almost no one is talking about.

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