Articles

Indiana Live owners miss interest payment

The owners of Indiana Live racetrack and casino failed to make an interest payment due Nov. 1 on $375 million in debt, providing additional fodder for credit analysts already worried about its financial condition.

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Old National profit rises

The Evansville-based bank reported a third-quarter profit of $11.9 million, up from $4 million in the year-ago period.

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Judge OKs General Growth’s restructuring plan

General Growth Properties Inc. said Thursday a bankruptcy judge has approved its reorganization plan, clearing the way for the Simon Property Group rival to emerge from Chapter 11 bankruptcy protection early next month.

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