Articles

Indianapolis aims to become top center for cricket

The Midwestern city best known for its basketball and auto racing is gearing up for a proper game of cricket — the ball-and-bat sport most Americans know only from British films or by surfing through international sports channels.

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Hostess set to resume full production in Indy

Hostess Brands LLC wants to have its Indianapolis plant in full production by the end of next week, an executive said Wednesday. The company received a tax incentive agreement worth $536,000 from the city on Wednesday.

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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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