KIM: Nobel winner: We’re more Homer than Mr. Spock
Humans act on biases in irrational and predictable ways, often leading to poor decisions.
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Dow passes 23,000 on another record-setting day for stock market
The Dow Jones industrial average, Standard & Poor's 500 index and Nasdaq composite index also finished at record highs.
Yellen sounds upbeat on economy, signaling likely rate hike
Federal Reserve Chairwoman Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will likely slow economic growth slightly but only temporarily.
Indiana venture capital activity picks up in third quarter
Venture capitalists have been on a spending spree so far in 2017, but have been investing more money in fewer companies, national surveys show.
Email leads to $2.6M VC deal for local email-software firm
Indianapolis-based 250ok had shunned venture-capital suitors for years—until a North Dakota-based venture capital firm emailed it with the right message.
First Internet Bancorp raises $44.8 million in secondary stock offering
The Fishers-based financial company announced late Tuesday that it had sold 1.65 million shares of common stock at $29 per share.
Finish Line stock jumps on takeover speculation
Stock in Finish Line Inc. rose 6.5 percent Wednesday after an analyst at Susquehanna Financial said he believes a buyout of the Indianapolis-based retailer is likely.
Third member of Fishers investment firm sentenced for fraud
The third and final member of a Fishers-based capital investment firm called the Dane Group has been sentenced to three years in the Indiana Department of Correction.
ITT brass settled with SEC, but commissioners nixed deal
The SEC in a blistering 56-page suit had charged that the pair concealed the company’s rapidly eroding financial condition and “routinely misled” the firm’s outside accounting firm, PwC. It’s not clear what the terms of the settlements were.
First Internet Bank investing in California health care lender
The Fishers-based online bank says it will expand its presence in health care lending by agreeing to fund millions of dollars in loans for clients of the San Francisco-based startup. It also is taking a stake in the firm.
Sports-software company raises $1.1 million in latest round
Upper Hand said it plans to use the money to boost its sales team and its software. The company has raised $2.1 million since last spring.
Amid weak results and sliding stock, Finish Line adopts anti-takeover plan
Finish Line adopted the shareholder-rights plan, also known as a poison pill, after a British retailer acquired a substantial stake in the Indianapolis-based company.
Yellen defends banking overhaul passed after 2008 crisis
Federal Reserve Chairwoman Janet Yellen on Friday defended the web of regulations the Fed helped enact after the 2008 financial crisis, disputing criticism that the rules have hurt lending.
A puzzle for central bankers: Solid growth but low inflation
With the prospect of new leadership at the Federal Reserve within months, investors will be listening for any hint of shifting interest rate plans from the policymakers.
Judge orders Durham to pay $1.3M, sides with SEC in 6-year-old suit
The civil lawsuit had been on hold until last year, when Durham finally exhausted his appeals in a criminal case that culminated with the Indianapolis businessman’s sentencing in 2012 to 50 years in prison.
Compton plots strategy for indie flick ‘Columbus’
Prominent tech investor Bob Compton is one of the movie's six executive producers. He helped fund "Columbus" and recruited tech notables Don Brown and Scott Dorsey to invest in the project as well.
Funding conditions for U.S. tech startups reach record high
A 44 percent increase from a year earlier was driven by a surge in the number of businesses that raised money for the first time, reflecting investors' appetite to back the riskiest companies.
U.S. companies thank foreign sales for best earnings season since 2004
Of the 454 companies in the S&P 500 that have so far reported second-quarter results, 68 percent have beaten analysts’ average estimates for revenue and 78 percent have topped per-share earnings expectations.
Tech companies lead worst day for U.S. stock market since May
Brewing tensions between the U.S. and North Korea put investors in a selling mood again Thursday, dragging U.S. stocks lower for the third day in a row.
N.C. firm wants to be ‘stronger face’ for private equity in local tech scene
Frontier Capital recently embarked on an effort to make eight-figure equity investments in tech firms across the Midwest. It already had invested more than $60 million in Indiana companies before the new push.