With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.
My trip to China this month took me to the Shanghai street where my great uncle worked nearly a century ago, when he was only beginning to quench his appetite for knowledge about this vast and mysterious nation.
Unlike the other defendants, Fair Finance executive Rick Snow isn’t accused of tapping the company for a bevy of loans, then failing to repay the money.
Observations on the country’s building boom, drivers, high-speed trains and corporate slogans.
The contrast between Bruce Jaffee's first visit—in 1981—and his latest trip this month could hardly be greater.
It’s striking how little workers at this Geely factory earn, by U.S. standards at least: roughly $5,500 to $7,300 a year.
All the talk during our visit in China about gross domestic product makes it easy to forget this is still a Communist country.
In 1987, KFC became the first fast-food chain to enter mainland China, and it’s never looked back.
China has made educating its population in English a big priority. And when this Communist government decides something is important, it goes all out.
The population of China’s 10 largest cities alone equates to roughly one-third of the U.S. population.
Emails filed as exhibits in the Chapter 7 bankruptcy case of Fair Finance Co. this month strongly suggest company insiders knew years before Fair collapsed that it was in dire straits.
For the past decade, Indianapolis-based professional speaker Scott McKain has used his experience at Obsidian Enterprise Inc. as the centerpiece of his marketing pitch, but Obsidian is not the success his bio advertises it to be.
Fair Finance Co.’s bankruptcy trustee is getting inquiries from parties interested in buying National Lampoon Inc., the Los Angeles-based comedy business led by embattled Indianapolis businessman Tim Durham.
E-mails filed in bankruptcy court this week show that Fair Finance Co. co-owner Jim Cochran spent money with such abandon that by 2008 he was living off credit cards and imploring CEO Tim Durham to more than double his salary to $1 million.
Fair Finance Co.’s bankruptcy trustee alleges Tim Durham perpetrated a fraud of "shocking proportions,” draining huge sums from the Akron, Ohio, firm for years to mask that his business empire had collapsed.
The loan from Fair Finance Co. to Stephen and Linda Plopper matured in 2006, but the couple has failed to satisfy the debt despite recent demands for payment, the suit alleges.
New investors got in for $6 a share—which is less than the average price paid by prior investors, a regulatory filing reveals.
Cymbalta racked up $3.5 billion in sales last year, and some analysts say it may approach $5 billion before generic competition arrives in 2013.
