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JPMorgan says bad trade has ballooned to $5.8B

JPMorgan Chase said Friday that a bad trade had cost the bank $5.8 billion this year, almost triple its original estimate, and raised the prospect that traders had improperly tried to conceal the blunder.

Meridian CPAs folding into larger Somerset firm

Four principals and about a dozen other staff accountants and support staff at Meridian will join Somerset in August. Somerset is Indianapolis’ seventh-largest accounting firm, based on the number of local full-time employees.

After 2011 tragedy, state fair expands offerings

The Indiana State Fair is raising admission prices and adding a parking charge as it tries to recover from a big hit to its bottom line caused by last year’s tragic stage collapse.

Finish Line’s high-tech store prototype still has kinks

A prototype store launched by athletic shoe and apparel retailer The Finish Line Inc. on May 25 aims to use technology to marry brick-and-mortar to the company’s online operation. But interactive tablets that are a centerpiece of the so-called omnichannel strategy are not yet up and running.

WellPoint using deals to prep for new era in insurance

The buying spree is back on at WellPoint Inc., with a twist. A decade ago, the insurer consolidated Blue Cross and Blue Shield plans that catered to employers. Today, it is making deals to grow the non-employer part of its business.

Laikin blazed trail

I cut my teeth after college in the early years at BrightPoint working for Bob Laikin's enterprise.

WILLIAMS: Biodiesel makes sense for Indy

The rebirth of downtown and its continued viability are the result of clustered assets—hotels, the convention center, sporting facilities, familiar restaurants—and a strong convention business.

Golf courses scramble to weather lack of rain

Crooked_Stick_WatchVideoPGA officials are keeping their eyes on Carmel's Crooked Stick as the BMW Championship approaches. And groundskeepers are using some high-tech tactics to avoid the withering effects of drought.

Chase Tower’s $201M sale price sets record

A publicly traded real estate investment trust has agreed to pay $201 million for the tallest building in Indiana, a price that could give a boost to the local investment market.

Businesses move, close for U.S. 31 transformation

The 13-mile, $600 million upgrade of U.S. 31 that carves through some of Hamilton County’s fastest-growing suburbs is a temporary inconvenience to motorists, but for some business owners it’s a life—or livelihood—altering event.