Friday, May 24 2013 5:38 AM EDT2013-05-24 09:38:40 GMT
A pedestrian was seriously hurt after being struck by a police officer on the east side of Indianapolis. The accident happened around 9:30 p.m. Thursday near the intersection of 42nd Street and EmersonMore >>
A pedestrian was struck and killed by an IMPD officer in his police car on the east side of Indianapolis Thursday night.More >>
Friday, May 24 2013 5:16 AM EDT2013-05-24 09:16:02 GMT
The 97th running of the Indianapolis 500 is set for Sunday. But today could be called the official kickoff of race weekend. "Carb Day" at the Motor Speedway signals the final practice for the drivers whoMore >>
Today could be called the official kickoff of race weekend. "Carb Day" at the Motor Speedway signals the final practice for the drivers who will line up for Sunday's Indy 500.More >>
Friday, May 24 2013 4:15 AM EDT2013-05-24 08:15:20 GMT
Indianapolis has slipped one spot among the nation's most populous cities to No. 13. The U.S. Census Bureau says new census estimates show the Circle City slipped from No. 12 during the year that endedMore >>
Indianapolis has slipped one spot among the nation's most populous cities to No. 13.More >>
Friday, May 24 2013 4:14 AM EDT2013-05-24 08:14:26 GMT
Gov. Mike Pence and Indiana lawmakers are using a ceremonial bill signing to promote the Indianapolis Motor Speedway a few days before the Indy 500. The new law lends IMS $100 million from the state toMore >>
Gov. Mike Pence and Indiana lawmakers are using a ceremonial bill signing to promote the Indianapolis Motor Speedway a few days before the Indy 500.More >>
Friday, May 24 2013 4:13 AM EDT2013-05-24 08:13:34 GMT
U.S. Supreme Court Chief Justice John Roberts is returning to the Roman Catholic boarding school he graduated from 40 years ago to give the commencement speech. Roberts is scheduled to speak Friday atMore >>
U.S. Supreme Court Chief Justice John Roberts is returning to the Roman Catholic boarding school he graduated from 40 years ago to give the commencement speech.More >>
Friday, May 24 2013 4:05 AM EDT2013-05-24 08:05:15 GMT
Purdue University is expecting hundreds of scientists from around the world to descend on main campus next month for a conference on the most recent research on the Great Lakes. More than 600 people areMore >>
Purdue University is expecting hundreds of scientists from around the world to descend on main campus next month for a conference on the most recent research on the Great Lakes.More >>
Friday, May 24 2013 4:04 AM EDT2013-05-24 08:04:18 GMT
The American Legion says it's allocating $1 million to veterans affected by the Oklahoma tornado. The Indianapolis-based veterans organization announced this week the money will be used to cover relocationMore >>
The American Legion says it's allocating $1 million to veterans affected by the Oklahoma tornado.More >>
Friday, May 24 2013 3:30 AM EDT2013-05-24 07:30:19 GMT
Shoppers in the U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday. The rules require labels on steaks, ribs and other cutsMore >>
Shoppers in the U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday.More >>
Friday, May 24 2013 3:04 AM EDT2013-05-24 07:04:34 GMT
Police say there are cars in the water where an interstate bridge collapsed north of Seattle Thursday night. Washington State Patrol told affiliate KING-TV the Interstate 5 bridge over the Skagit RiverMore >>
Police say there are no fatalities after cars fell into a Washington river after an interstate bridge collapsed north of Seattle Thursday night.More >>
NEW YORK -
Moody's Investors Service has lowered the ratings of some of the world's largest banks, including Bank of America, JPMorgan Chase, Citigroup and Goldman Sachs.
The ratings agency said late Thursday that the banks were downgraded because their long-term prospects for profitability and growth are shrinking.
The ratings agency said it was especially concerned about banks with significant capital market activities during a time of increased volatility in markets.
A downgrade usually means that it becomes more costly for banks to raise money by selling debt. Investors demand higher interest for riskier debt, which is what the downgrades represent.
Moody's had said in February that it was considering a move like this.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Friday, May 24 2013 5:38 AM EDT2013-05-24 09:38:40 GMT
A pedestrian was seriously hurt after being struck by a police officer on the east side of Indianapolis. The accident happened around 9:30 p.m. Thursday near the intersection of 42nd Street and EmersonMore >>
A pedestrian was struck and killed by an IMPD officer in his police car on the east side of Indianapolis Thursday night.More >>
Thursday, May 23 2013 10:55 PM EDT2013-05-24 02:55:15 GMT
An act of credit card fraud has been traced back to a downtown Indianapolis restaurant. Some workers upstairs love walking downstairs for a bite at Ike and Jonesy's downtown. But they say the bite isMore >>
The owner of Ike & Jonesy's downtown says he is working to find out how the credit and debit cards of several customers and employees could have been compromised.More >>
Thursday, May 23 2013 8:54 PM EDT2013-05-24 00:54:25 GMT
A woman suffered only minor injuries after getting stuck under a semi while driving on Interstate 70 Thursday evening. State police say the woman was driving west on I-70 when she lost control for unknownMore >>
A woman suffered a laceration on her arm and other injuries after getting stuck under a semi while driving on Interstate 70 Thursday evening.More >>
Thursday, May 23 2013 9:34 PM EDT2013-05-24 01:34:10 GMT
Indiana State Police want the public's help in looking out for items outdoors possibly linked to the slaying of an 85-year-old retired farmer in rural western Indiana nearly six months ago. DetectivesMore >>
Indiana State Police want the public's help in looking out for items outdoors possibly linked to the slaying of an 85-year-old retired farmer in rural western Indiana nearly six months ago.More >>
Thursday, May 23 2013 11:30 PM EDT2013-05-24 03:30:00 GMT
Investigators in Indianapolis in recent weeks have discovered grenades in a house and a rocket in a tree, raising concerns over what other explosives may be in homes around the city. A Russian mortarMore >>
Investigators in Indianapolis in recent weeks have discovered grenades in a house and a rocket in a tree, raising concerns over what other explosives may be in homes around the city.More >>
Thursday, May 23 2013 4:56 PM EDT2013-05-23 20:56:01 GMT
A New York newspaper reports that a man who was friends with missing Indiana University student Lauren Spierer is now accusing her parents of harassing him. Corey Rossman, who was among the last peopleMore >>
A New York newspaper reports that a man who was friends with missing Indiana University student Lauren Spierer is now accusing her parents of harassing him.More >>
Thursday, May 23 2013 7:02 AM EDT2013-05-23 11:02:33 GMT
Authorities say a young boy died after being found floating face down in a backyard swimming pool in northeastern Indiana. Police say emergency crews were called to the rural Whitley County home afterMore >>
Authorities say a young boy died after being found floating face down in a backyard swimming pool in northeastern Indiana. Police say emergency crews were called to the rural Whitley County home afterMore >>
Wednesday, May 22 2013 10:29 PM EDT2013-05-23 02:29:32 GMT
Undercover police detectives revealed a high-end call girl sting Wednesday. According to police, the women involved met their clients at exclusive hotels in one of the most popular places in the city. TheMore >>
Detectives arrested one woman for prostitution and have an arrest warrant out for the madam of an operation that brought in hundreds of dollars per hour.More >>
Thursday, May 23 2013 5:12 PM EDT2013-05-23 21:12:08 GMT
Muncie Police and Henry County Sheriff's deputies have arrested a man accused of stalking his ex-girlfriend and abusing her young child. Officers surrounded the house over concerns that Elliott ReynoldsMore >>
Muncie Police and Henry County Sheriff's deputies have arrested a man accused of stalking his ex-girlfriend and abusing her young child.More >>
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