New court documents accuse attorneys for hardware store titan John Menard Jr. of offering to pay a $200,000 legal settlement to a former executive at a Menard-controlled company if he provided helpful testimony in their cases against Steve and Tomisue Hilbert and their friend Lisa Trudeau
As of June 30, First Merchants Bank had amassed $958 million in deposits at 27 Indianapolis-area offices, placing it 10th, Federal Deposit Insurance Corp. data shows.
Despite an auction of inventory to satisfy a debt, Aronstam Fine Jewelers is in no danger of closing, the store’s owner says, thanks to the help of outside investors.
One of the state’s largest privately held banks could bring in as many as 500 new shareholders to help fund growth. A planned acquisition fell apart early last year.
Minneapolis-based Groveland Capital LLC has filed notice that it will seek to replace Sardar Biglari and Biglari Holdings Inc.’s other five directors with its own nominees at the company’s annual meeting.
Both euphoria and panic are easily treated by a disciplined regimen of patience and perspective.
Nadine Givens climbed the ladder beginning from a childhood in which she worked at the convenience store her mother managed.
Anthony Heyworth, a long-time central Indiana banking executive, served on the boards of several companies and not-for-profits.
Anderson-based Flagship Enterprise Center, which makes business loans at levels far below most banks, recently earned approval to operate in 24 counties, up from 10.
Colette Irwin-Knott, the first female partner at Umbaugh, has retired after 33 years at the municipal financial advisory firm.
The number of people seeking jobless benefits has been at historically low levels for 14 of the past 15 weeks. That indicates companies are retaining workers and expecting economic growth to continue.
The Federal Reserve is edging closer to raising interest rates from record lows but Chairwoman Janet Yellen said she foresees no rate increase during the first quarter of 2015.
Shares of Eli Lilly and Co. were on the rise Tuesday morning, a day after the drugmaker announced its first dividend increase in more than five years.
The findings suggest that many Americans are being trapped by debt because they are confused by the notices they get from hospitals and insurance companies about the cost of treatment.
Federal data show Hoosier credit unions’ growth rates lagging most of their national peers, but it may not be such a bad thing.
The university first learned in September 2011 it had been the victim of an $8.1 million securities fraud, although officials say it began in 2008.
John K. Marcum, 50, was taken into custody Thursday after a federal grand jury indicted him on charges of criminal wire fraud, securities fraud and money laundering.
A former OneAmerica Securities Inc. representative who is already serving five years in federal prison for running a Ponzi scheme received a much tougher sentence Thursday in a local courtroom.
Carmel-based Allos Ventures led the latest venture capital round for the company, which creates Web-based corporate training software.
State Examiner Paul Joyce is pressing Indiana lawmakers to increase the daily fee for state audits, warning that his office needs more staffing to properly scout local government entities for fraud.
