Investors unforgiving after ANGI Homeservices stumbles
Investors in Angie’s List Inc. appeared to have hit the jackpot two years ago after the company merged with rival HomeAdvisor. Unfortunately, that love affair is officially over.
Investors in Angie’s List Inc. appeared to have hit the jackpot two years ago after the company merged with rival HomeAdvisor. Unfortunately, that love affair is officially over.
Schools in Indiana and nationwide are preparing for a significant drop in the number of high school graduates.
Rich Hofstetter is inheriting control of Story, Indiana, after the death of his father, Richard, who for years was the public face of the off-the-beaten-path attraction.
Grocery distributor SpartanNash is shutting down Fresh Kitchen, a prepared-meals division of Indianapolis-based Caito Foods Service that once held great promise.
Auto auction giant KAR Global’s acquisition of a Florida-based locksmithing company has blown up in spectacular fashion, a meltdown it blames squarely on the man who founded the business.
Starting out in 2005 with just four sets of sunglass frames, the eyeglass company now offers five lines for men and women with more than 100 frame styles.
Critics of Celadon management say a deep-seated, clubby culture helped propel the Indianapolis-based trucking giant toward financial ruin.
In the years after Celadon Group’s co-founder and longtime leader, Stephen Russell, retired and then died, the company went in new directions that led to financial problems and accusations of fraud. Podcast host Mason King talks with IBJ Editor Greg Andrews and reporter Susan Orr about Celadon’s rise and fall as well as what role the fraud allegations played in its demise.
Boynton, an IUPUI computer science student and entrepreneur, was asked to go to Mongolia this fall as part of the U.S. Speaker Program.
There was no shortage of huge news stories in central Indiana this year—with Roger Penske’s purchase of the Indianapolis Motor Speedway, the launching of the Red Line and the closing of trucking giant Celadon.
A federal judge in northern Ohio has set aside three weeks for the jury trial, which begins Feb. 24 and pits Fair Finance Co.’s bankruptcy trustee against one of Fair’s former lenders, the Fortune 500 firm Textron Inc.
Industry veteran Jeff Smulyan is pairing with a low-profile New York hedge fund manager once described as “the most important, least known man in TV.”
David Simon said Simon Property Group’s ability to buy a company for $3.6 billion in cash without having to turn to a third party for financing and without suffering credit rating downgrades is a testament to the underappreciated strengths of the business.
The planned closing of the 102-year-old factory in the southwestern corner of downtown likely will throw into play a nearly 18-acre site that real estate experts say would be attractive for myriad uses.
The president can sign an executive order that says if you offshore jobs, you won’t get federal contracts.
The trustee in former Banc-Serv CEO Kerri Agee’s bankruptcy is suing her husband, Indianapolis businessman Ben Crawford, in an effort to recoup more than $1.4 million.
There’s little money to be made—and lots to be lost—by losing their cool when stocks go south, as they did to a historic magnitude over the past week.
Subscribers and non-subscribers alike can find the latest news on the pandemic and resources for small business at ibj.com.
The entire airline industry is in crisis as a result of the COVID-19 pandemic and accompanying recommendations and mandates for social distancing.
Many of Indiana’s 54 public companies have withdrawn their earnings guidance for the year, even as executives emphasize their belief that they are positioned well for the long term.