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Kim: What is insider trading? It’s time for clear answer
Illegal insider trading generally refers to buying or selling a stock, in breach of a duty of trust and confidence, while in possession of “material, non-public information” about the stock. This also can apply if the person possessing the information (the “tipper”) passes along the information to a “tippee,” who then trades the stock. Steve […]
Hicks: Technology might be suppressing robust growth
Quarter after quarter of booming growth, seen for several decades, might have slowed permanently. The 2000s saw only five rapid-growth quarters, and this decade has had two. It might mean that higher average growth rates are more difficult to achieve due to structural changes in the economy related to technology.
Indy lands Big Ten championships through 2022
Football will stay at Lucas Oil Stadium, and basketball will alternate with Chicago. The move allays suspicion that the conference intended to shift championship play to East Coast venues.
The real health care money in this town is at IU Health
While the biggest hospital profit margins are made in the suburbs, the biggest pile of cash—$353 million in 2012—is made at the three downtown campuses run by Indiana University Health. In fact, those hospitals generated 32 percent of all operating gains posted by central Indiana hospitals in 2012.
Jury convicts Fishers man on 10 counts of fraud
Hrond Arman Gasparian, 67, was involved in two separate but related schemes, according to prosecutors. One involved stealing $400,000 from an Indianapolis church.
Heads roll at GM after investigation of defective switch
The automaker says 15 employees—many of them senior legal and engineering executives—have been forced out of the company for failing to disclose the defect linked to 13 deaths.
County continues to build case for State Road 37 overhaul
Hamilton County officials are circling the wagons to prepare for negotiations over the future of State Road 37.
Merger forms $382M, Indy-based motorcycle parts company
Indianapolis-based holding company LDI Ltd. has tripled its motorsports employee count and broadened its national reach with a deal for privately held Motorsport Aftermarket Group.
Milhaus to revise design for Mass Ave project
The residential-and-retail development is now the right size, but a city commission would like to see a different mix of materials, among other concerns, before it grants approval.
States could be expanding wealth gap with tax policies
Politicians in Indiana and other states hope tax cuts for businesses will boost their economies, but those and other moves could be contributing to the income gap limiting growth in U.S. consumer spending.
State awards $9 million to boost school safety
The funds will be split between purchasing new equipment for schools and hiring resource officers.
State plans conference to examine tax structure
More than 200 local and national tax professionals and policy makers will participate in the Indiana Competitiveness and Simplification Conference on June 24 at the Indiana Government Center.
EPA official: Carbon rules built on methods in use
The agency's strategy is built around four existing approaches, including energy-efficiency programs and adoption of renewable energy such as wind or solar power.
Ritz: New ISTEP test coming sooner at federal request
Indiana must establish a new ISTEP test a year earlier than planned if state officials want to maintain their waiver from the federal No Child Left Behind Act.
Coats, Donnelly demand answers on VA wait times
The senators planned to submit a letter Thursday to Acting Secretary Sloan Gibson requesting a review of Indiana facilities after a May 20 request to former Secretary Eric Shinseki went unanswered. Shinseki resigned last week.