Stake in Indiana-based OneMain Holdings sells for $1.4B
Apollo Global Management LLC and Varde Partners have agreed to buy Fortress Investment Group’s stake in Indiana-based consumer lender OneMain Holdings Inc.
Apollo Global Management LLC and Varde Partners have agreed to buy Fortress Investment Group’s stake in Indiana-based consumer lender OneMain Holdings Inc.
Aldi and Lidl—two no-frills German discounters that are expanding quickly in the United States—are putting more pressure on grocery giants Kroger and Walmart than Amazon.
Both couriers now have entered the holiday season’s returns cycle, which also promises to be busy.
The richest people on earth became $1 trillion richer in 2017, more than four times last year’s gain, as stock markets shrugged off economic, social and political divisions to reach record highs.
Americans displayed their buying bona fides in the final run-up to Christmas, turning out in force to produce what may be the best holiday shopping season in years.
Death claimed several national and international newsmakers in business, finance and public affairs in 2017. Indianapolis also lost several notable public figures.
A third of the stock sold in IPOs this year came from technology, media and telecommunications companies, about double the proportion in 2016.
Apple has been counting on a redesigned 10th anniversary iPhone to boost shipments as its market value advances toward $1 trillion.
Paying the relatives of high school basketball players to entice them to attend a particular university may be a violation of NCAA rules, but it isn’t a federal crime, say three men charged in a college bribery scandal.
Its impact will spread far and wide starting next year, highlighted by a cut in the corporate rate to 21 percent, fully allowable deductions for capital expenses and lower levies on repatriating overseas profits.
Wing prices slumped in each of the last three months—tracking with the start of this year's contentious NFL season—and are now 14 percent lower than a year earlier.
The Indianapolis-based retail real estate giant is spending $1 billion annually to upgrade its high-end properties, including adding splashy non-retail features like housing and hotels.
The Commerce Department reported better-than-expected U.S. retail sales for November and revised its October figures upward, bringing a fresh wave of optimism to a long-embattled industry.
The sale marks an epic downsizing for Rupert Murdoch, an 86-year-old former Australian who spent his adult life amassing the assets that made him a kingmaker in U.S. and U.K. politics.
A former executive producer at the NFL Network and ex-players including former Indianapolis Colts running back Marshall Faulk allegedly groped and made sexually explicit comments to a female colleague, a lawsuit claims.
Ascension Health and Providence St. Joseph Health are in deal talks to form the nation's largest hospital operator.
Millennials have a reputation for loving products that are local, authentic and benefit the environment. So why are they buying so many plastic Christmas trees?
The demands came in rapid succession after Sen. Al Franken on Wednesday vehemently denied a new sexual misconduct accusation that came from a former Democratic congressional aide.
Regal Entertainment Group, based in Knoxville, Tennessee, is the second-largest U.S. cinema chain. It operates 11 theaters in Indiana, including six in the Indianapolis area.
CVS Health Corp.’s $67.5 billion takeover of Aetna Inc. will test the administration’s approach to far-reaching corporate takeovers, just weeks after the U.S. government sued to block a major telecommunications merger.