Stonegate Mortgage didn’t give a reason for the sudden resignation of CEO Jim Cutillo, who founded the company in 2005. The surprise exit prompted analyst speculation that the Indianapolis-based company might be preparing to put itself up for sale.
U.S. stocks joined a worldwide selloff Tuesday amid continuing concerns that China’s slowdown will weigh on the global economy.
August was a brutal month for investors. Fears about a slowdown in China’s economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower.
U.S. public-university endowments are reporting fiscal 2015 returns that fail to meet the annual industry standard.
Recent stock market turbulence hasn’t made members of the Federal Reserve abandon the idea of a slight rate increase as early as September.
County assessors say a new law didn’t go far enough to protect counties from losing out on tax revenue from retailers in search of lower tax bills.
Investors were in a buying mood again on Thursday, driving U.S. stocks higher for the second straight day as they took advantage of this month’s sell-off.
Pendleton-based auto-parts maker Remy International Inc. did squeeze some extra cash out of its acquirer, Auburn Hills, Michigan-based BorgWarner Inc.—but not a lot.
The Dow Jones industrial average rocketed more than 600 points Wednesday, its biggest one-day gain in seven years, snapping a six-day losing streak that had Americans nervously checking their investment balances.
A former JPMorgan Chase & Co. analyst has been charged with leaking insider information to his friends, including a tip about Salesforce.com’s $2.5 billion acquisition of Indianapolis-based ExactTarget Inc. in June 2013.
Timothy E. Cook funded his personal expenses by falsely promoting stock in his Indianapolis-based cancer research firm Xytos Inc. long after it had ceased operations, according to a federal court ruling.
Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a day earlier, after China cut interest rates to try to boost the world's second-largest economy.
The Standard & Poor’s 500 Index fell into a correction Monday for the first time since 2011 in one of the most volatile trading days ever, as a rout in global equity markets deepened.
A wave of fear triggered by instability in China initially doused U.S. stocks on Monday morning, but then quickly receded by noon.
Major U.S. stock indexes dropped more than 4 percent following the opening bell after China's stock market fell Monday by its biggest margin in eight years.
The agency said the centers in Morgan, Brown, Huntington, Jay and Jefferson counties opened Thursday to serve businesses, individuals and not-for-profits affected by storms and floods in June and July.
After quiet debuts, Chase Bank and Fifth Third Bank plan to continue deploying tablet-interfaced ATMs in central Indiana, a sign that the slimmer machines might be a permanent fixture as banks rely less on tellers.
The U.S. stock market endured its worst performance in 18 months on Thursday, driven lower by another slump in Chinese shares and heavy selling by technical traders.
Ball State University has received about $695,000 in restitution from one of two men convicted of stealing $13.1 million from the university.
The provider of inventory financing to car dealers plans to invest more than $50 million to lease and renovate its headquarters in Carmel to support its expanding customer service and technology divisions.
