Indiana joins nationwide effort to crack down on cryptocurrency fraud
The effort, dubbed “Operation Cryptosweep,” is being coordinated by the North American Securities Administrators Association.
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New studies show women less confident, less knowledgeable about money matters
Just more than half of married women leave long-term financial decisions, including those about investing, to their spouses, even though the wives often are handling the daily household budget.
Negotiations leading to $558M Finish Line sale full of surprises
A new regulatory said Sports Direct International Inc., the United Kingdom-based sports-apparel retailer that was rumored for months to be on the verge of buying Indianapolis-based Finish Line, never actually wanted to buy the company.
Local care-management software firm lands $1M in seed funding
Carmel-based Tendly LLC, a software platform for senior care and child care providers, has raised $1 million in seed funding from a bevy of local entrepreneurs and tech investors, the firm announced Tuesday.
Market has rough day as big tech, industrial stocks tumble
Stocks closed sharply lower on Wall Street on Tuesday as Google parent Alphabet Inc., Amazon and Caterpillar took heavy losses.
Tech guru Steve Case’s Rise of the Rest Seed Fund pulls Indy area tech firms onto global stage
Since October, when the flashy former CEO of AOL drove his Rise of the Rest bus tour to Indianapolis, his company—Revolution—has invested in three local companies.
Indiana startups raised $34.5M from venture capitalists in first quarter
The second quarter is off to a fast start, a sign that this could be a strong year for raising capital in the state.
Software firm DemandJump lands $6 million in venture capital
The new funding will be invested into sales, marketing and product innovation expansion, company officials said.
Stocks tumble amid growing trade concerns
U.S. stocks ended the week with a deep selloff on Friday as the White House's latest trade threats against China rattled global financial markets.
LDI adds Indiana-based firm to its portfolio with new acquisition
Indianapolis-based LDI, which invests in middle-market businesses, is rebuilding its portfolio after losing ownership of Motorsport Aftermarket Group late last year.
U.S. stocks end skid, have best best day since 2015
U.S. stocks surged back from the biggest weekly rout in two years, with major benchmarks climbing more than 2.7 percent Monday on signs that an escalation of trade tensions was beginning to ease.
Stocks tumble again in biggest weekly decline since 2016
Concern is rising that that a trade war and higher borrowing rates could throttle global growth.
Trade worries send stock market plunging
U.S. stocks took their biggest tumble in six weeks Thursday as investors reacted to the threat of an escalating trade war with China that has the potential to disrupt global growth.
Fed raises key rate, foresees two more hikes this year
The Federal Reserve is raising its key interest rate and signaling confidence in the U.S. economy's durability but plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.
Venture studio High Alpha offers its firms mentoring, money, marketing and more
Since its takeoff three years ago, investor High Alpha has grown its stable of studio companies from three to nine.
Facebook shares continue to fall amid talk of FTC probe
Facebook shares declined in morning trading, falling 5.5 percent, to $163.08 each. That follows a drop of 6.8 percent Monday that was the company’s largest since March 2014.
New Carmel-based venture fund to invest $50M in security products, technology
The fund, launched by the security-products company Allegion Plc, plans to pursue investments globally. But a spokeswoman said, “Indianapolis' thriving tech industry makes this the perfect time and place to launch the tech-focused fund.”
State set to unleash new venture funding
The Hogsett administration and the City-County Council are weighing whether to kill a little-known organization that has quietly worked the past two decades on the redevelopment of key downtown projects.
Adviser admits defrauding former Colt of $4.7M
Under the terms of the plea agreement, Kenneth Ray Cleveland of suburban Los Angeles is required to make restitution to former Colt Cory Redding.
Transaction data suggest bitcoin may be losing popularity
The average number of trades recorded daily has roughly dropped in half from the December highs and touched its lowest in two years last month, even as bitcoin became a household name and roared back to near $11,000.