Articles

State sues S&P over flawed ratings of securities

Securities Commissioner Chris Naylor accuses S&P of “systematically and intentionally” misrepresenting its analysis of securities backed by commercial or residential mortgages in order to “maximize revenue and market share.”

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Issuers of bonds burned by rate hike

Government entities across Indiana have spent the past two years refinancing every possible bond to take advantage of historically low rates, but the savings might not be so easy to come by if rates continue to rise.

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Indiana office to promote startups, small business

Gov. Mike Pence has created the Indiana Office of Small Business and Entrepreneurship that he says will focus on consulting, specialty programming, and integrating universities, private businesses and government agencies.

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Worker furloughs near at Indiana’s Crane base

The furloughs caused by automatic federal budget cuts will start the week of July 8 and continue through September. The base’s nearly 3,100 Navy employees and 800 Army workers will see a 20-percent pay cut during that time.

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Pence slowly putting his stamp on Indiana, GOP

Performance metrics and "key priority items" sound like dry management talk, but they provide insight into how Gov. Mike Pence is slowly taking the reins of the state and crafting Indiana's government with his own priorities.

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City facing heavy costs over pool evacuation

Dozens of people who were sickened by fumes after a chemical reaction at an Indianapolis public pool a year ago have filed claims against the city, raising the possibility that the accident and ensuing evacuation could cost the city more than $2 million.

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