In this encore edition of the IBJ Podcast: Something was missing from her career as a commercial lender, and Cindy Schum found it in a small firm that sold janitorial and cleaning supplies.
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Under the terms of the One Big Beautiful Bill law that created it, the federal government will seed each Trump Account with $1,000 for every U.S. citizen born from 2025 through 2028.
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It’s not at all necessary to get started right away, and there’s a navigable path for renters in the 40s to end up in a very comfortable situation by retirement.
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Something was missing from her career as a commercial lender, and Cindy Schum found it in a small firm that sold janitorial and cleaning supplies. After early trepidation, she realized she already had the key to entrepreneurship.
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The lawsuit, filed in Miami-Dade County court in Florida, alleges that JPMorgan abruptly closed multiple accounts in February 2021 with just 60 days notice and no explanation.
Drive Planning operated an office in Fishers that was overseen by former managing partner Gerardo Linarducci, who is facing civil fraud charges from the U.S. Securities and Exchange Commission and multiple lawsuits from investors.
Heartland’s investors are established Midwestern companies—businesses such as manufacturers, construction firms, logistics providers and real estate firms—and it makes investments into early-stage industrial technology startups with products that could benefit those investors.
Katz Sapper & Miller, the largest accounting firm in Indianapolis, has acquired the investment banking business of Grand Rapids, Michigan-based Charter Capital Partners, it announced Tuesday.
So far, the White House has not provided any detail about what will happen to credit card companies that don’t lower card rates.
U.S. companies are under pressure to deliver strong growth in profits to justify the runs to records their stock prices have made.
Brownsburg-based State Bank has a new CEO following the Dec. 31 retirement of longtime executive Mike Baker.
The housing market recently crossed a noteworthy line: There are now more Americans with mortgage rates higher than 6% than below 3%.
A small bank in southwestern Indiana claims that it and other financial institutions around the state are owed a combined hundreds of millions of dollars that are held in a state-run bank deposit insurance fund.
Former insurance executive, business investor and philanthropist Rollin “Rollie” Dick died Jan. 3 at age 94.
As of Dec. 5, Sapient Capital LLC had $13.3 billion in assets under management—the total value of assets a firm manages for its clients—and it’s working to more than double that figure in the foreseeable future.
The rise is being fueled by near-term supply tightness and bets that demand for the metal key in electrification will outpace production.
After a year of regulatory triumphs, industry leaders are betting that 2026 could mark a major inflection point.
With prices surging this year, the Chicago Mercantile Exchange, one of the world’s largest trading floors for commodities, required traders to put up more cash to invest in precious metals.
The funds have been pummeled by a storm of rate cuts, market blow-ups and rising signs that the market is set to experience more stress.
Among the total was a surge of “mega bankruptcies,” or filings by companies with more than $1 billion in assets, during the first half of 2025.
There were about 5.3 million borrowers who had not made a payment on their federal student loans for at least 360 days as of June 30.
PayPal has provided $30 billion in loans to more than 420,000 businesses worldwide since 2013, according to the company.
IRobot, which became well known for its robotic vacuums, has struggled of late, dealing with increased competition, layoffs and a declining stock price.
Jordan Chirico is facing both criminal charges and civil litigation over his alleged connections to what authorities describe as a $200-million-plus Ponzi scheme.
