The Financial Industry Regulatory Authority said former top producer Tom Buck “willfully committed fraud,” partly by steering clients to commission-based accounts instead of cheaper fee-based accounts.
Anthem Inc.’s bid to become the largest health insurer in history is setting up one of the biggest debt offerings backing a takeover.
Time is running out for the United States to ask the Supreme Court to review a ruling that could lay the framework for how insider trading will be prosecuted for years to come.
Republic Airways Holdings Inc. stock dove Monday morning after the Indianapolis-based company slashed its profit outlook and warned of more flight interruptions from an ongoing labor dispute with pilots.
Cincinnati-based First Financial Bancorp has agreed to pay $110 million to acquire Indianapolis-based Oak Street Holdings Corp., a lender to insurance agents and brokers, the bank announced Thursday afternoon.
Ameriana shareholders said in the complaint that the $69 million offer is “inadequate” and that the deal deters competing bids.
Healthiest Employers LLC, which collects and measures corporate health information, plans to use the funds to drive sales of its analytics software.
Indianapolis-based marketing technology firm SmarterHQ has landed another $8 million in venture capital, spearheaded by an investment fund launched by local retail behemoth Simon Property Group Inc.
Only 37 percent of people who called the IRS for help during tax season were able to reach a person, the report said. For those who got through, the average time on hold was 23 minutes.
Sardar Biglari was able to use shareholder money to boost his voting power to nearly 50 percent.
The New York Stock Exchange halted trading for 3-1/2 hours Wednesday because of a computer malfunction, forcing traders to route orders elsewhere in a drama that also highlighted the resilience of U.S. market structure.
Equity trading was halted Wednesday at the New York Stock Exchange as the biggest American share venue addressed a computer malfunction and canceled open orders.
Former Indianapolis Mayor Steve Goldsmith has been hired by national accounting powerhouse BKD LLP to lead a new public sector consulting practice, the firm announced Wednesday.
An attorney who once served as Indiana's public access counselor has been tapped as the new commissioner for the state Department of Revenue, replacing the retiring Mike Alley.
Two men who were convicted of securities fraud after stealing $13.1 million from Ball State University have surrendered homes and sports memorabilia purchased with the money, but school officials say they haven't received any restitution.
The shift comes more than a year after the school shut down four coal-fired boilers dating to the 1940s. That eliminated the school's annual burning of up to 36,000 tons of coal that released sulfur dioxide and other air pollutants.
James P. Alender has taken over as CEO of Indianapolis-based Salin Bank & Trust Co., a family owned bank with 19 branches and assets of more than $750 million.
Central Indiana's economy is diverse, but Lilly is such a behemoth that its ups and downs reverberate statewide.
Hoosier tech firms have sought to raise a total of $55 million in venture capital in the second quarter, according to public filings, up from about $39 million in the first quarter.
The former chief financial officer for Ovation Audio-Video Solutions LLC has been arrested and charged with more than 20 counts of theft for allegedly misappropriating about $600,000 in company funds for his own use.
