The U.S. Department of Justice is accusing a tax preparation business with two locations in Indianapolis of reporting false information on federal income tax returns. It is seeking to shut down the business.
Illinois finally has a budget plan after two years. But it is facing $14.7 billion in overdue bills, a $130 billion shortfall in pension obligations and the possibility of its bond rating being downgraded to junk status.
The troubled Indianapolis-based trucking company conducted a conference call Wednesday to answer questions about its latest accounting issues, but the call lasted 18 minutes and investors didn't get to talk.