Investors are still figuring all the ramifications of the Fed’s latest meeting on interest-rate policy, where it indicated it may start raising short-term rates by late 2023.
SPACs sound arcane, but make buckets of money for Indy investors
A nontraditional way to take companies public is booming on Wall Street, leading to an unprecedented explosion of deals.Read More
Service firms receiving multiple buyout offers from private equity investors
Private equity firms are simply head over heels for service firms such as plumbing and heating and air-conditioning companies.Read More
The Federal Reserve expects inflation will climb to 3.4% this year, higher than the central bank’s previous forecasts, and projected for the first time that there could be two interest rate hikes in 2023.
Podchaser, which was co-founded by Indiana University alum Cole Raven, recently closed a $4 million funding round with participation from Bloomington-based IU Angel Network and Indianapolis-based High Alpha.
Federal investigators say George S. Blankenbaker Jr. and three of his companies raised more than $11 million from at least 109 investors in a fraudulent scheme he operated from 2016 to 2019.
AppHarvest—an indoor farming company backed by Indianapolis-based Novus Capital Corp. and celebrity Martha Stewart—thinks the agriculture sector is ripe for disruption. And now, its tomatoes are ripe for eating.
Mandolin’s digital platform—designed to help artists, venues and fans connect through live music—has attracted some big-name investors including Marc Benioff, the founder and CEO of Salesforce.
In a sign of the Fed’s confidence about the economy, its latest policy statement dropped a phrase it had previously used that referred to “uncertainties” surrounding the economic outlook.
The former Charles Schwab broker allegedly used a client’s tax refund for personal use, which led to his termination.
Mickey Maurer and Bob Schloss have shared ownership of the media company for 27 years but decided to bring in Nate Feltman as part of their succession plan.
A private equity firm has purchased a stake in a local family-owned company with operations across the country as its two founders retire and the next generation takes the helm.
Branding Brand, a Pittsburgh-based retail software company with a few ExactTarget alums of its own, has scooped up Indy-based Waysay, founded last year by two former ET’ers.
It’s the first venture funding round for 3-year-old Clear Software, an early mover in the trend of making pre-existing business software easier to use.
The investment was in line with comparable quarters in recent years, but there’s evidence that at least one significant deal didn’t make the list.
Biglari Holdings Inc. has won a major legal victory as a separate fight with a dissident shareholder turns personal.
Mobile-app developer Bluebridge Digital is moving to bigger offices, adding employees, and including ExactTarget co-founder Scott Dorsey as an investor.