Former Merrill Lynch broker Buck ordered to pay $7.5M in damages to former client
Thomas Buck built a reputation as one of the state’s top financial advisers before being sentenced to prison for securities fraud in 2019.
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Fed: Inflation, Ukraine biggest threats to financial system
The observations came in the Federal Reserve’s semiannual Financial Stability Report that looks at trends in trading and investing as well as broad economic issues.
Elanco reports solid quarter but global concerns lead to drop in share price
Several analysts said Elanco faces a bright future, implying that the market might be overreacting to the lowered revenue and profit guidance.
UPDATE: Pair linked to Jared Fogle child porn case get decades in prison
A divorced Indiana couple who shared sexually explicit photos and videos of children with former Subway pitchman Jared Fogle were sentenced Monday.
Wall Street’s losses worsen as markets tumble worldwide
U.S. stocks are tumbling toward their lowest point in more than a year as renewed worries about China’s economy pile on top of markets already battered by rising interest rates.
Fed’s Bostic says no need to move faster than half-point hikes
Fed officials raised interest rates by a half-point last week and Chairman Jerome Powell signaled they would continue at that pace at meetings in June and July to curb inflation.
Nursing home operator dropping eight Indiana locations, including Indy facility
A Warsaw-based nursing home operator plans to terminate its operating leases at eight Indiana locations—including one in Indianapolis—affecting nearly 700 employees.
Marketing deals trickle down from NCAA to high school sports
The contracts have begun to emerge at the high school level after the Indianapolis-based NCAA’s decision last year to allow college athletes to monetize their stardom.
Biden starts program to provide discounted internet service
With the new commitment from the internet providers, some 48 million households will be eligible for $30 monthly plans for 100 megabits per second, or higher speed, service.
IBJ Podcast: Pete The Planner on bouncing back from a big financial loss
Host Mason King talks with Pete the Planner about equating self-worth with financial worth, as well as steps to stabilize and buttress your finances if you’ve suffered a loss or are just behind in saving for retirement.
Formula One, fueled by Netflix and ESPN, revs up courtship of U.S. fans
In the view of Mark Miles, president and CEO of Penske Entertainment Corp., which owns the IndyCar series and Indianapolis Motor Speedway, F1’s American expansion is a boon for all forms of motorsports.
Average U.S. gasoline price jumps to near-record
The average price at the pump is $1.36 per gallon higher than it was one year ago.
Pablo Svirsky: Shipping times for some supplies may never return to old levels
It should come as no surprise that pandemic-related supply chain challenges have also had a major impact on the life sciences industry.
Kim and Todd Saxton: So you want to be an intrapreneur? Here’s how.
Depending on the organization, intrapreneurs can be successful and find meaning by thinking differently and contributing to a larger whole.
Q&A: Restaurateur makes everything ‘just peachy’
Just months before the pandemic, Charity Elliott decided to launch her own restaurant, Just Peachy Cafe, in her hometown of Shelbyville. And with the help of her retired mom, husband Chad and sons Gavin and Garett, the restaurant has grown a loyal following in Indy’s southern suburbs.
Memory bank: A rolling start …
Indianapolis Motor Speedway founder Carl Fisher is credited with the idea of using a rolling start for an auto race, beginning with the first Indianapolis 500, in 1911. For the first five years of the race, Fisher drove the official pace car. After that, it became more of an honorary duty for celebrity drivers and […]
Indiana secretary of state doubles post-vote audits
As election security continues to be a hotly debated topic, the secretary of state says this plan is another step toward assuring voters that the state’s election results are accurate.
Pete the Planner: Financial instability does not make you a failure in life
Sometimes the realization that certainty doesn’t exist disguises itself as failure.
Editorial: It’s time to allow a pay hike for city-county councilors
Critics of the proposed pay hike, which would be the council’s first in two decades, seem to be overlooking the fact that sometimes you get the government you pay for.
Nate Feltman: Lilly’s Ricks delivers important medicine
When the CEO of Eli Lilly and Co. provides direct feedback as to why high-paying jobs that could have come to Indiana did not, we all should take note.