IBJ Podcast: This is the number you really need to know to save enough for retirement
Peter “Pete the Planner” Dunn breaks down the factors you must consider when building up your retirement nest egg.
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Money: Try touchless payment to avoid dirty money
Since January, no-touch payments have increased at 69% of retailers surveyed by the research firm Forrester on behalf of the National Retail Federation. And two-thirds of retailers surveyed now accept some form of no-touch payment.
IBJ Podcast: Pete the Planner urges immediate support for restaurants, plus answers to burning money questions
We all know that restaurants have been devastated by the pandemic. Some have closed, and Pete predicts more are about to. He suggests determining how much you can afford to help and then spending that cash at two or three restaurants that are meaningful to you.
Four ways to pay for home renovations
After months of lockdown during the pandemic, many have become aware of the failings of their homes. Whether you want a cosmetic update or think your home may have a more serious problem, how to pay for a renovation may be your main concern.
Money: How ‘maximizers’ can cut decision-making angst
Our determination to make the optimal choice means we’re often plagued by buyer’s remorse as well as decision paralysis.
Indiana banks sock away extra money for COVID-19-related loan losses
Amid the widespread economic disruption caused by the pandemic, banks have already granted payment deferrals of up to six months to a significant number of commercial and individual borrowers.
Council approves creation of new south-side TIF distrct
The city plans to spend $3 million on infrastructure, lighting and beautification projects in the area, using funds generated within the TIF district.
Indiana stocks rocket higher to open year
More than two dozen of the state’s 51 public companies posting double-digit percentage gains in the first quarter.
Bankruptcy judge blesses $5.2B plan to keep Sears afloat
The approval means roughly 425 stores and 45,000 jobs will be preserved, at least for now.
Apparel retailer with hundreds of Indy employees files for bankruptcy
Debt-burdened FullBeauty Brands has a restructuring plan ready to go that would turn over ownership to its creditors. But a federal trustee wants to tap the brakes.
U.S. added 200K jobs in January as pay rose most in 8 years
The pay gains suggest that employers are increasingly competing for a limited pool of workers. Raises stemming from minimum wage increases in 18 states also likely boosted pay last month.
Lilly shares slide on news of possible sale, spinoff of Elanco
Despite slipping sales and lost market share, the Elanco animal-health unit is strong and the time is right to explore selling or spinning it off, Eli Lilly and Co. officials said Tuesday.
Celadon stops HQ construction, refocuses on core trucking business
The trucking giant is canceling its $28 million Mount Comfort headquarters, selling its flatbed unit, and outsourcing its driver schools, to refocus on core business as the industry is expected to boom.
Experts: Marsh purchase doomed from start
In 2006, when Sun Capital Partners bought Marsh Supermarkets, the bet looked risky at best.
Carmel biotech firm lands $8M in venture capital, grant funds
Founded in 2006, Fast BioMedical Inc. plans to use the money to help advance clinical trials and hire additional workers. It develops technologies to measure blood volume and kidney function.
Bankrupt HHGregg plans to liquidate if no buyer found in next week
The Indianapolis-based retailer, which has filed for Chapter 11 bankruptcy protection, has filed a plan with the court to close its 132 stores and sell off its remaining merchandise if it can’t find a buyer by April 7.
Other suitors will have chance to outbid HHGregg’s proposed buyer
The Indianapolis-based appliance and electronics retailer says it has interest from dozens of potential purchasers.
HHGregg could file bankruptcy as soon as next week
The news comes one day after the Indianapolis-based retailer announced that it was closing 88 stores and three distribution centers
Trump has taken few steps to disentangle from private empire
President-elect Donald Trump continues to own or control some 500 companies that make up the Trump Organization, creating a tangle of potential conflicts of interest without precedent in modern U.S. history.
Allegion rebounds in third quarter with $1.6M profit
The security-products firm also posted higher revenue, but its results weren’t as good as Wall Street expected.