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Finish Line struggles to hit stride with JackRabbit running-store chain

June 30, 2016

Management is talking as though it might jettison the 71-store, money-losing division if it doesn’t sharpen performance quickly.

Thorn in side of Noble Roman’s dumps stock for big loss

June 23, 2016

An Atlanta-based activist investor that had blasted Noble Roman’s Inc.’s management and called for the company’s sale has reversed course.

Endowment’s rising assets give Indy competitive edge

June 17, 2016

After a long swoon, the Lilly Endowment is packing an increasing philanthropic punch. Assets climbed to $11.8 billion in 2015, the fifth straight year they rose.

Zimmer Biomet to buy LDR for $1B to add spine devices

June 13, 2016

Indiana-based Zimmer Biomet Holdings Inc. has agreed to buy LDR Holding Corp. for about $1 billion in cash to add surgical technologies for the treatment of patients with spine disorders.

Biglari’s Maxim saga drenched with drama, red ink

June 9, 2016

A former employee alleges that Sardar Biglari insisted Maxim devote 50 pages of the December/January issue to Monaco, where he spends significant time, and include features on his favorite cigar shop and on David Letterman, part-owner of the race team Steak n Shake sponsors.

Republic Airways’ executive-bonus plan could face headwinds

June 2, 2016

If a bankruptcy judge approves the incentive plan, six senior executives of the commuter carrier would split as much as $4.7 million in bonuses over the next three quarters.

CNO changes course with Monumental Marathon sponsorship deal

June 1, 2016

Monumental Marathon Executive Director Blake Boldon called the three-year title sponsorship deal with CNO Financial Group “a game-changing sponsorship.”

Changes in retail expand gulf between haves, have-nots

May 19, 2016

It turns out that Simon Property Group spun off its less profitable malls and zeroed in on high-end properties at just the right times. Analysts say middling malls are losing out as retailers decide where to pare locations.

HDG Mansur examiner hopes to hit insurance jackpot

May 12, 2016

Bankruptcy examiner John Humphrey, who has been investigating potential claims against HDG Mansur founder Harold Garrison, is hoping for a big payout from the company's $5 million directors and officers liability insurance policy.

Years after Irwin Union’s failure, a lawsuit yields settlement

April 28, 2016

The FDIC has settled a lawsuit against four former executives of the bank. Meanwhile, in a separate suit a bankruptcy trustee continues to press his claims against three other executives.

IBJ wins 10 awards at state Excellence in Journalism contest

April 23, 2016

Among the winners were reporters Jared Council and Lou Harry, who won top honors for their work in business reporting and arts and entertainment coverage.

Questions abound as HHGregg tries to right itself

April 21, 2016

After all the turmoil, investors are eager for signs that interim CEO Robert Riesbeck is righting the ship.

Finish Line gets banged up in new e-commerce study

April 15, 2016

A report from the investment firm Credit Suisse analyzed the e-commerce capabilities of Nike, Finish Line and Foot Locker and found Nike is far and away the leader.

After $5M theft, Telamon gets banged up in court

April 7, 2016

Telamon’s quest to get its insurers—units of Connecticut-based Travelers Insurance—to cover the losses have not gone smoothly, to say the least.

At the NCAA, money is rolling in—but so are challenges

March 31, 2016

The NCAA is so flush these days that its board recently doled out an extra $200 million to Division I schools—even as the Indianapolis-based organization works to put to bed a thicket of high-dollar legal settlements.

Republic bankruptcy case sure to enrich its advisers

March 24, 2016

Republic says the professional-services firms it has tapped should be paid well because they're helping the Indianapolis company work through a "unique set of circumstances" that has never been faced in an airline bankruptcy.

Lids Sports Group narrows focus after profit evaporates

March 17, 2016

The Zionsville-based retailer continued to grow but saw profit plummet after it moved beyond its core business of selling sports caps.

As paywall falls, Angie’s List aims to double sales

March 10, 2016

CEO Scott Durchslag told analysts he will reinvigorate growth by dropping the paywall, which he said will open the floodgates to a deluge of new customers.

Biglari’s Buffett-style shareholder letters colorful, ‘odd’

March 3, 2016

"In a world filled with hyper-orthodoxy, Biglari Holdings represents an oasis of unconventionality," Sardar Biglari said in his latest letter to shareholders. "We follow our own individualistic ideas and ideals rather than find refuge in the superficial conventions and conformity.”

Battered and bruised, Indy-based oil refiner soldiers on

February 25, 2016

Calumet's stock price has fallen so far that the annual dividend yield is a whopping 28 percent—one of the highest in the country.

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