More twists, turns in CNO’s surreal hedge fund odyssey
The Carmel-based insurer for years has been managing the fallout of a deal it cut in 2013 that was supposed to reduce risk but instead blew up in spectacular fashion.
The Carmel-based insurer for years has been managing the fallout of a deal it cut in 2013 that was supposed to reduce risk but instead blew up in spectacular fashion.
The mayor, who is in the first year of his second term, acknowledged the challenges—and even some naivete when it came to the riots. But Hogsett, a Democrat, said he’s confident in the ability of residents, the business community and leaders to address them.
Infections have been soaring in U.S. states including California, Florida, Texas and Arizona, and they are also on the rise in Ohio, Kentucky and Indiana.
A national coalition of labor unions, along with racial and social justice organizations, plan to stage a mass full-day walkout from work this month in more than 25 cities.
Businesses and the organizations that represent them fear a wave of coronavirus-related lawsuits as employees return to work and customers return to stores, restaurants and other public places.
The judges commended IBJ’s “expansive content that reaches into the corners of transportation, technology, sports, health, higher education, civic affairs, state government and more.”
David Simon and Bobby Taubman are battling now in court over whether Simon Property Group is obligated to complete the $3.6 billion purchase of Michigan-based Taubman Centers that it announced in February.
The International Council of Motorsport Sciences, established in Indianapolis in 1988, will relocate from Texas later this month after hiring veteran motorsports exec Tom Weisenbach as its new executive director.
As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.
Retail landlords received quite a jolt when they discovered that some of the most lustrous names in retail want pandemic-related rent concessions like those being offered to struggling tenants.
Get the latest news on protests in the Indianapolis area against police violence in this ongoing series of updates available outside IBJ’s paywall.
The shop, which opened in 2007, has been closed since March because of the pandemic. It aims to reopen Tuesday.
On Sunday morning—just hours after a protest devolved into violence and vandalism in and around Monument Circle—ISO musician Roger Roe came downtown to play his English horn.
When the turmoil finally subsided, three people had been shot, with one dead, first-floor glass had been knocked out of dozens of buildings and angry graffiti messages were sprayed across the Mile Square.
Rating agencies, which already ranked Steak n Shake on the lowest rungs of their creditworthiness ladders, further sounded the alarm bells in recent weeks after Steak n Shake paid off some of its debt at a discount—something a lender never would agree to if it thought it was going to be paid in full.
The virus-wracked federal prison system has been broadening the ranks of inmates eligible for transfer to home confinement as officials seek to limit the spread of the coronavirus.
Firms across the country from a broad range of industries will be taking a hard look at their dividends in the coming weeks, as the pandemic forces businesses to focus on conserving cash.
Still to be determined is when—or even if—golf can resume depending on the spread of COVID-19 that has shut down sports worldwide.
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.
The entire airline industry is in crisis as a result of the COVID-19 pandemic and accompanying recommendations and mandates for social distancing.