ITT Educational CEO Kevin Modany and Chief Financial Officer Daniel Fitzpatrick allegedly “engineered a campaign of deception and half-truths” to hide from investors the extent of losses ITT was suffering from student loan programs, the SEC said Tuesday morning.
The Grand Rapids, Michigan-based retailer that opened on Carmel Drive in the Old Meridian District in 1994 is adding several new services and upgrading various shopping sections.
In the wake of the 2008 financial crisis, Veros Partners Inc. money manager Matthew D. Haab sought private investment opportunities for his clients. Tobin J. Senefeld, a former stockbroker, approached Haab with some ideas. One idea involved making farm loans, according to court records, and the two went on to lead a multimillion-dollar lending operation […]
It would be easy for some of the leading politicians in the wealthy northern suburbs to interpret their handy wins in the May 5 primary elections as resounding mandates to take on more debt in the interest of spurring additional private development.
Carmel-based KAR Auction Services Inc. met Wall Street expectations with its first quarter earnings report Tuesday despite bringing in slightly less revenue than predicted.
It was a good night for incumbent mayors in Hamilton County primary elections Tuesday. Carmel Mayor Jim Brainard, Noblesville Mayor John Ditslear and Westfield Mayor Andy Cook all emerged victorious.
Voters in 115 Indiana cities, including Indianapolis, head to the polls Tuesday to vote in mayoral primaries to decide which candidates move on to the November general election.
Bob Brody, CEO of Franciscan St. Francis Health, will take a new job July 1 as chief operating officer for ambulatory services for the entire 13-hospital Franciscan Alliance. Brody will be replaced by Dr. James Callaghan, president of Franciscan St. Anthony Health facilities in Michigan City. Brody, who became Franciscan’s Indianapolis CEO in 1996, holds […]
Apparatus beat out two other firms for the Tech Company of the Year honor at Saturday night’s TechPoint Mira Awards. The annual technology-awards ceremony, now in its 16th year, was held at the JW Marriott downtown.
Merchants Bank of Indiana plans to move its corporate headquarters into a 100,000-square-foot building to be constructed in Carmel’s Midtown development. The $25 million project also will contain a multi-vendor retail operation.
Investors will receive about $3.2 million of the $9.7 million they lost in a fraud perpetrated by Keenan Hauke, a former Fishers hedge fund manager. He’s in prison after admitting to hiding massive losses by creating fake account statements.
The Great Recession caused waves of foreclosures and layoffs that pushed more Americans into renting. More than 36 percent of people now rent, compared with 31 percent before the recession began in late 2007.
Hendricks Regional Health will construct a 100,000-square-foot emergency room and outpatient center on the north side of Brownsburg by early 2017, hoping to capitalize on an underserved part of the state’s second-fastest-growing county.
