Midwest

A proposal to ask Illinois voters to increase the state income tax on top earners failed to clear the House.

Michigan Attorney General Bill Schuette’s criminal probe of the Flint water crisis will include a review of the bond-financed pipeline the Karegnondi Water Authority is building to deliver water to the city.

The Chicago Teachers Union president attacked Illinois Gov. Bruce Rauner and district leadership in a speech Wednesday, amplifying pressure on the cash-starved district .

While the key oil production states of Oklahoma, North Dakota and California have all been hit hard by the drop in crude oil prices, the impact varies at both the state and local government level, Moody’s Investors Service says.

St. Petersburg, Fla.-based Raymond James hired Brodie Killian, re-establishing an on-the-ground banking presence in Michigan to supplement its retail brokerage operations.

Columbus, Ohio is eyeing a July return to the market to begin borrowing to raise funds for its $866 million fiscal 2017 capital budget.

A Chicago museum envisioned by Star Wars creator George Lucas relies on a complex, $1.2 billion borrowing scheme.

New transportation program dedicates portion of revenue from Nebraska’s gasoline tax to state road infrastructure bank.

Junk-rated Chicago Public Schools will offer a fiscal 2017 budget next month that relies on credit lines to help pay its bills, schools chief Forrest Claypool said.

Illinois lawmakers resumed work with new proposals on redistricting and a tax hike on top earners, as well as news that their paychecks will be delayed.