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In a typical Chapter 11 bankruptcy reorganization, all parties suffer (except the lawyers). Creditors take a significant “haircut” on the amount owed and the owners’ investment is effectively wiped out.
Paul George seems to have all but one of the qualities common among this group of celebrities.
One of the nastier quirks of U.S. corporate taxation lies in where income is taxed. Just about everyone else follows a simple rule: You pay taxes to the country where the income is earned. But that’s not good enough for Uncle Sam.
Gov. Mike Pence fired off a letter to the Obama administration on Thursday asking it to cancel its contract with what he described as biased contractors recently hired to evaluate the Healthy Indiana Plan.
The flurry of activity comes after Gershman transitioned to second-generation leadership and ditched its traditional bread-and-butter retail projects in favor of more modern mixed-use development.
The second-biggest market for American Homes 4 Rent and American Residential Properties will be the Indianapolis area, where the companies own more than 3,000 single-family rental houses.
Subway Restaurants has given Coca-Cola Co. veteran Joseph Tripodi the job of burnishing the brand after the death of the company’s co-founder and a child-pornography scandal involving former spokesman Jared Fogle.
Congress has dedicated the money to Indiana roads and bridges as part of a 5-year, $281 billion compromise over transportation spending. The measure also includes $500 million for public transit in Indiana.
Project Lead The Way's finances have dramatically improved and its service offerings expanded since John Visconti re-engineered the organization’s business model in 2012.
The philanthropic pledge by Facebook CEO Mark Zuckerberg and his wife—totaling perhaps $45 billion—reflects the fast-paced emergence of a new Gilded Age of giving. But the structure of the initiative concerns some philanthropic experts.
The Broad Ripple juicery plans to expand to downtown and open in the Marott Center while Lincoln Square Pancake House no longer will open at Millikan on Mass. Also, November passes without Giordano’s opening downtown.
More than 99 percent of the shares voted were cast in favor of the deal during a 5-minute meeting Thursday morning at the downtown Conrad Indianapolis hotel, according to Anthem officials.
Purdue athletic director Morgan Burke called the football program the “lynchpin” of the athletic department’s finances, and the number of empty seats at Ross-Ade Stadium has been causing consternation.
The meeting happened a day after the archdiocese said it had donors willing to pay for the resettlement of a Syrian refugee family expected to arrive in Indiana later this month.
Businesses along the State Road 37 corridor are forming a group to gather information about a proposed $124 million highway-redesign project and create a unified voice.
Meanwhile, proposed routes for the final leg of I-69 between Martinsville and Indianapolis have some residents fearful of what could happen to their homes.
Indiana's tax-amnesty program has collected enough money to pay for the new Regional Cities grant program spearheaded by Gov. Mike Pence, state officials announced Wednesday.
A coalition of 150 Indiana businesses said Wednesday that the absence of a state law guaranteeing LGBT civil rights protections could hamper the ability of companies to draw talented workers.
Traffic signal intersections along a portion of State Road 37 in Hamilton County could be converted into roundabout-overpasses under a $124 million proposal expected to be released Dec. 10.
The State Board of Education on Wednesday approved a permanent committee for the high-stakes standardized test after broad criticism and several snafus.
