Carmel

OPENLANE, Inc. reported second-quarter net income of $44.3 million with earnings per share of 32 cents, surpassing Wall Street's 35-cent per share estimate. The company also exceeded revenue forecasts with $554.6 million, up from an expected $521.5 million, and projected full-year earnings between $1.40 to $1.50 per share.

Leopold Aschenbrenner, founder of Situational Awareness hedge fund, is set to marry Avital Balwit in Carmel, California, despite his fund facing a severe crisis. Aschenbrenner's leveraged bets on AI infrastructure stocks like CoreWeave and SK Hynix led to a 67% monthly loss, forcing him to sell assets to Citadel at a discount to avoid collapse. The fund survived with $10 billion remaining, retaining his stake in Anthropic.

CNO Financial Group Inc. reported a second-quarter profit of $125.9 million with earnings of $1.33 per share, adjusted to $1.26 per share excluding non-recurring gains. The company generated $1.29 billion in revenue, with adjusted revenue at $1.3 billion.

Greg Bovino, a former leader of U.S. Border Patrol, will speak at a private mass deportation rally in Fishers on August 1, organized by Save Heritage Indiana. The event includes a $500-per-person dinner and a counter-protest planned by Fishers Resists. Bovino previously led the Trump administration’s deportation campaign before retiring in March.

Carmel has adopted a standard street address system for the first time in over a century to improve emergency services.

The city of Carmel delayed a $292,947 marketing funding request due to resident concerns over tourism-related gridlock and overcrowding. A 'bitter civil war' emerged as the vital funds were suddenly pulled.