Steak n Shake was preparing for a potential Chapter 11 filing earlier this month while the company negotiated with holders of the debt, Bloomberg had reported.
IBJ Podcast: Should you talk to your adult kids about their inheritance?
In this week’s podcast, Peter “Pete the Planner” Dunn says parents aren’t doing their adult kids any favors when they share details about their net worth or estate planning. In fact, doing so can cause far more problems than it solves.Read More
IBJ Podcast: This is the number you really need to know to save enough for retirement
Peter “Pete the Planner” Dunn breaks down the factors you must consider when building up your retirement nest egg.Read More
IBJ Podcast: Pete the Planner explains what’s scaring him about the economy right now
IBJ columnist Peter Dunn offers advice for people who are in financial trouble right now because of the pandemic, those who are at risk of trouble and those who are likely to escape relatively unscathed, if not in a better position than when the pandemic started.Read More
Software firm Lessonly scores $15 million in latest venture funding round
The funding—secured before the coronavirus hit the U.S.—will be used to fuel growth across all segments of the company, said Lessonly CEO Max Yoder.Read More
Since the pandemic has shifted many of these interactions online, local dealmakers say they feel the loss of assessing non-verbal cues and interactions among members of a management team as they decide whether to acquire companies or invest in startups.
Kinetic Advantage, which helps finance inventory for independent car dealers, launched last July, but has already grown to 65 employees and is operating in 26 markets.
If anything, 2020 should have proven once and for all the futility of trying to make accurate market predictions.
The approach now known as ESG investing has been around for decades, but it started to take off in Europe and the United States in late 2018 and early 2019.
The new firm, led by Emmis Communications executives, could raise as much $230 million to buy one or more companies and take them public.
@et meaningful financial goals. These goals should bring a great sense of accomplishment, once you achieve them.
Save what you can, think twice before rejecting a job offer, protect your credit but protect yourself first and more from Millennial Money.
As work and home life meld, it’s difficult to maintain boundaries, stay productive and take care of your mental health amid the pandemic.
The move by Mayor Andy Cook follows a controversy in July over contracts for Grand Park Sports Campus and his veto of a city council resolution for review and approval of all Grand Parks contracts.
Our determination to make the optimal choice means we’re often plagued by buyer’s remorse as well as decision paralysis.
The “blank check company”—formed to acquire one or more businesses and merge with them as a way to take those companies public—closed its funding round in May and is looking for a business to buy.
A borrower who took out a 30-year, $200,000 mortgage in 2018 at an interest rate of 4.55% would have a monthly payment of $1,019. By refinancing into a 30-year mortgage with a 3.46% interest rate, the monthly payment would drop to $865.
Two out-of-state financial services firms have acquired the assets of former Celadon Group Inc. affiliate 19th Capital Group in a deal that will allow the Indianapolis-based company to continue operating with a reduced workforce rather than shutting down as previously planned.
Approved businesses will also be eligible for one-on-one business plan consulting through the term of the no- or low-interest loans.
Carmel-based auto finance company Coastal Credit LLC plans to end operations and terminate all of its employees by the middle of this year, the company said in a letter to the state.
Across the country, consumer spending—which supports 70% of the economy—is grinding to a halt as fears of the escalating coronavirus pandemic keep people from stores, restaurants, movie theaters and workplaces.
Peter Dunn has launched Hey Money, a financial help subscription service that targets “consumers who don’t yet have the wherewithal to hire a fee-based money adviser.”