State’s pensions stung by oil plunge
The drop in oil prices since July left more money in consumer bank accounts, but it was costly to Indiana’s pension funds.
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Some banks putting tellers behind remote monitors
“Branch of the future” is a hot phrase in banking circles, as technological changes and consumer habits prompt executives to rethink how much space and employees are needed at branches.
Identities stolen from at least 80 Ball State employees
A local senior home health specialist said he believes the identity thefts are connected to the recent cyberattack on Indianapolis-based health care insurer Anthem Inc., which covers Ball State employees.
Chicago venture capital firm plans local office
Hyde Park Venture Partners plans to establish an Indianapolis office this spring on Monument Circle to be led by former ExactTarget executive Tim Kopp.
Merrill Lynch abruptly parts ways with top financial adviser
Thomas J. Buck, who spent 34 years at the local office of Merrill Lynch while becoming one of the country’s top financial advisers, suddenly split from the firm last week.
Justices side with Labor Department in overtime pay dispute
The U.S. Supreme Court has sided with the Obama administration in upholding a rule making mortgage brokers eligible for overtime pay under federal labor law.
Major credit agencies agree to changes sought by advocates
The three largest credit-reporting agencies say they will change how they handle records, including making the dispute process easier for consumers and providing a waiting period before medical debts are reported.
Dan Laikin agrees to settle Fair Finance suits for $3.5M
The company's bankruptcy trustee said in a court filing that it is "highly doubtful" Laikin would have the financial wherewithal to pay more than the settlement amount.
Bill would educate students about their college loans
Students using loans to pay for college might get some extra help when it comes to gathering information about their debt load if an Indiana House bill becomes law.
Springleaf CEO’s holdings surge to $151M on OneMain deal
Stock held by Springleaf Holdings CEO Jay Levine soared Tuesday after the Indiana-based firm said it would buy OneMain Financial from Citigroup. Still uncertain was how the deal would affect 1,155 Indiana employees after the company moves it headquarters.
Springleaf to move HQ out of state after $4B acquisition
Springleaf Holdings Inc.,a consumer lender that went public in 2013, plans to move its headquarters from Indiana to Connecticut after buying subprime lender OneMain Financial for $4.25 billion in cash.
Dot-com deja vu: Nasdaq tops 5,000, approaching record high
The last time the NASDAQ composite index was this high, Bill Clinton was president and your Internet connection was probably still dial-up.
Stonegate Mortgage closes 2014 with tough quarter
Stonegate Mortgage Corp. finished 2014 with a money-losing quarter that fell short of Wall Street expectations.
Reeling developer dumps ‘worthless information’ on court
A judge ordered HDG Mansur chief Harrold Garrison to appear in court after creditors charged he is dodging their requests for information and filed a contempt motion.
Menard: Toss Hilberts’ attorneys for wrongdoing
Lawyers for Indianapolis power couple Steve and Tomisue Hilbert are slinging “ludicrous allegations” of witness tampering just to cover up their own wrongdoing, according to the latest broadside from the attorneys representing John Menard, the Hilberts’ former business partner.
Ball State foundation mulls changing investment policies
Ball State spokeswoman Joan Todd said any changes would be considered alongside the foundation's mission of "achieving maximum sustainable support" for the school.
Ex-county auditor accused of stealing funds sued by state
Indiana Attorney General Greg Zoeller has sued a former county auditor accused by officials of stealing nearly $350,000 in public funds to spend on personal items.
How Eli Lilly CEO Lechleiter pulled company out of long slide
After weathering a barrage of patent expirations, the pharmaceutical giant has restocked its pipeline and is positioned to grow.
Indiana finance chief jumps to private sector
Kendra York, who led Indiana through public-private partnerships to fund major road and bridge projects, has stepped down as the state's public finance director and joined engineering contractor American Structurepoint.
Longtime Chase exec Quintana to exit bank, launch new career
Maria Quintana, a Chase Bank Indiana executive widely credited with helping establish the bank here, is retiring at the end of the first quarter, the company announced.