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 DJIA 13,424 +175.3 / S&P 500 1,483.8 +21.0 / NASDAQ 2,667.4 +47.6
 |  |  Tonight: Clearing, frigid. Low 16. Thursday: Lots of sun, cold. High 34.
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|  Wednesday, December 5, 2007 |
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Survey: Many people give only in some years
A survey that tracked charitable giving by 8,000 families over three years found that about one-third donate to charity in some years and give nothing in others. The study released yesterday could shed light on the factors that influence Americans' giving and what causes those behaviors to change, said Eugene R. Tempel, executive director of the Indianapolis-based Center on Philanthropy at Indiana University. 
State economy will improve, Ball State forecasts
Indiana will experience rising wages along with low inflation and unemployment in 2008 as the economy improves from a sluggish 2007, two Ball State University economists predicted yesterday in the university's annual forecast. Michael Hicks, whose column about the economy appears in IBJ , and Gary Santoni said high oil prices and worries concerning the subprime market will affect how the economy actually plays out. But they estimate the state will add 47,000 jobs. The 1.6-percent growth would be better than in recent years.
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Borshoff lands White River marketing contract
White River State Park has selected Indianapolis-base Borshoff Inc. to handle its public relations and marketing for the next two years. The contract is for a minimum of $382,000, including a $312,000 advertising budget from the Imax Theater and $70,000 in dollars pooled from all the park's venues. Eighteen companies bid on the deal, which is seen as a high-profile addition to a marketing firm's portfolio.
Elanco exec named to state agriculture office
The president of Elanco Animal Health, a subsidiary of Eli Lilly and Co., will leave to become a special adviser on corporate development to the Indiana State Department of Agriculture, Lilly announced today. Pat James had led Lilly's animal health division since 2001 and worked at Lilly since 1978.
Republic Airways traffic up 35.4 percent
Republic Airways Holdings Inc., the Indianapolis-based regional carrier that provides connecting flights for larger airlines, said yesterday its traffic jumped 35.4 percent last month. November traffic rose to 777.2 million revenue passenger miles, from 574.1 million during the same period a year ago. A revenue passenger mile is a measurement of airline performance that represents one paying passenger flown one mile.
Slowing sales spark layoff at tank car maker
Chicago-based Union Tank Car is laying off 100 of its 472 production workers, according to the Post-Tribune of Merrillville. The layoffs will be split between its plants in East Chicago and Sheldon, Texas. The manufacturer said the market weakened after the ethanol boom prompted a surge in production of cars to carry the fuel. As many as 60 cars a week rolled off the assembly line in East Chicago at peak production.
Spa to repay $10,000 for selling invalid cards
A former Columbus spa has agreed to repay more than $10,000 to almost 100 customers who were unable to redeem the company's gift cards, Indiana Attorney General Steve Carter said. The Serenity Salon & Day Spa was sued last year by the attorney general's office, which alleged the gift cards were deceptive because the spa's owner, Jennifer Ruzicka, had already received an eviction notice.
Blog: Your approach to giving
A study put out yesterday by the Center on Philanthropy at Indiana University says that about two in three American households made donations in each of the three years it followed. We're in the midst of a season of giving, if for no other reason than to reap those last-minute tax deductions. How do you make decisions about giving? Join the conversation at IBJ 's new blog, News Talk.
From IBJ staff and Associated Press-Compiled by Norm Heikens | | | |
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Snow blamed for accidents across region
Early morning snow throughout central Indiana is to blame for dozens of accidents along the state's roads, including two bus accidents on Interstate 65. A Greyhound bus spun out of control and went off the road just before 3 a.m. south of Lafayette. Nineteen of its 43 passengers were taken to area hospitals with minor injuries. Another Greyhound lost control around 8 a.m. just north of Zionsville. There were no serious injuries in that accident. Cold temperatures are forecast for tomorrow and a snow-sleet mix on Friday morning. Fox 59 will have an updated forecast at 10 p.m.
Electrical problem starts west-side fire
An electrical problem started an overnight fire early this morning in the 5700 block of Rockville Road northeast of Indianapolis International Airport. The owner said he'd had a problem with a blown fuse when the power went out. Firefighters put it out quickly and said most of the damage was contained to the attic. |  | | | |
| Family, friends pay last respects to TaJanay Bailey
Funeral services for TaJanay Bailey, 3, were held today at East Baptist Church on Baltimore Avenue. Investigators say she was beaten to death after being returned to her birth mother from foster care. Charity Bailey and her boyfriend, Lawrence Green, are charged with murder and neglect. More details on the case could come tomorrow, when about 1,500 pages of documents from the Department of Child Services are expected to be released.
GE announces microwave recall
GE is recalling 92,000 combination microwave wall ovens. Officials say the door switch in the microwave can overheat. The units were sold under the brand names GE, GE Profile and Kenmore from January 2000 to December 2003.
Large AllPoints lease bodes well for Plainfield
The Plainfield industrial market, which received a huge lift when Prime Distribution Services Inc. recently agreed to lease 1.2 million square feet in AllPoints Midwest, likely will continue to shine, even as the overall market experiences an uptick in vacancies, according to a veteran broker. The deal was a bright spot for the industrial market in the Indianapolis area, which overall is feeling the effects of a sluggish economy. 
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