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 DJIA 12,910.4 -59.1 / S&P 500 1,404.7 -2.8 / NASDAQ 2,460.2 -3.9
 |  |  Tonight: Shower or storm, mild. Low 60. Tomorrow: Scattered storms, windy. High 76.
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|  Tuesday, May 6, 2008 |
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Finish Line to open concept store with Nike
Indianapolis-based The Finish Line Inc. and Nike Inc. are opening a concept store in the Phoenix area catering to young runners and athletes in training, the companies said today. The store, to be called Finish Line Ltd., will be divided into segments focusing on running, sport style and training, and will specialize in shoes, clothing and other products offered by Beaverton, Ore.-based Nike. The store, which will open May 18, will offer in-store demonstrations and allow customers to test the products. 
Duke, CBRE Realty Trust form joint venture
Duke Realty Corp. and CB Richard Ellis Realty Trust have formed a joint venture that will buy from Duke up to $800 million of industrial buildings over the next three years. Included in the deal are the new Amazon.com warehouse in Boone County and another warehouse in Plainfield. Today's announcement is the latest in a strategy by Duke to free assets to be reinvested in other developments.
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|  | Evansville casino owner files bankruptcy
The owner of Casino Aztar in Evansville and casinos in eight other cities has filed for Chapter 11 bankruptcy protection. Tropicana Entertainment LLC, headquartered in Crestview Hills, Ky., said yesterday it plans to retain all staff and continue operating its properties, including the famed Tropicana Casino and Resort on the Las Vegas strip. An exception is Tropicana Casino and Resort in Atlantic City, N.J., which was stripped of its license by the state five months ago.
MD Logistics expands Plainfield warehouse
MD Logistics added 120,000 square feet to its warehouse in Plainfield and hired 80 workers after expanding a contract it holds with Audiovox Corp. Audiovox, headquartered in Hauppauge, N.Y., in October 2006 acquired Thomson's consumer electronics audio business in the United States, Canada, China and Hong Kong for $19.7 million.
PTS Electronics in Bloomington acquired
Bloomington-based PTS Electronics has been acquired by Massachusetts-based CMGI Inc., a supply chain management firm, for $45 million, according to The Herald Bulletin. PTS Electronics, which was spun off from RCA in the 1960s, makes wireless and cellular phone products. The company's 500 employees are expected to remain with the new owner.
Warsaw targeted for new Menards houses
Home improvement retailer Menards Inc. is creating need for its drills, saws and toilet seats in a way that's unique to its industry. The Eau Claire, Wis.-based company is developing homes in residential subdivisions. Plans are in the works for homes in Warsaw, Ind., and Urbana and Yorkville, Ill.
Video: Ballard speech
Indianapolis Mayor Greg Ballard discussed education, public safety and economic development in a recent speech at IBJ's Business Growth Strategies event. View the video.
Art in development
A new sculpture will be unveiled at Saxony. Lou Harry's A&E
The big day is here
It's election day; whom did you vote for? NewsTalk
A new Cosmopolitan view
Developers have a new rendering for a canal project. Property Lines
Athletes back presidential hopefuls
A race car driver and former IU star are endorsing candidates. The Score
From IBJ staff - Compiled by Norm Heikens
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Nation's gaze is fixed on Indiana
The nation is watching today as Hoosiers go to the polls in a primary vote that could play a pivotal role in whether Hillary Clinton or Barack Obama is chosen as the Democratic nominee for president. Obama hosted a rally in front of thousands of Hoosier voters last night at the American Legion Mall. Motown legend Stevie Wonder sang "Signed, Sealed, Delivered" before telling the crowd that Obama's message of change is "inspiring." Hillary Clinton was back in Indiana this morning, as well. The Clinton camp will watch results from the Egyptian Room at the Murat Centre. Fox 59 will have more at 10 p.m.
Governor's race close, contentious
It's going to be a close race for the Democratic gubernatorial nomination as Jim Schellinger faces off against Jill Long Thompson. It has been a contentious contest, with the candidates taking shots at each other. They spent yesterday criss-crossing the state, trying to attract support for today's primary. The winner will face incumbent Gov. Mitch Daniels in November. |  | | | |
| Candidates scramble for 7th District seat
A lot of attention is focused on the 7th District Congressional race. Three big names are challenging incumbent Andre Carson to become the Democratic nominee. Dr. Woody Myers, David Orentlicher and Carolene Mays continued last-minute campaign efforts as Indiana prepares to go to the polls.
Auto dealers predict more consolidation
An economy standing on the brakes could trigger a new round of car dealer consolidations.
Zoobilation one hot ticket
The Indianapolis Zoo's fundraiser Zoobilation remains popular despite its high ticket prices.
Have Colts already outgrown new stadium?
Suites in the new Lucas Oil Stadium are so popular that Indianapolis Colts owner Jim Irsay wishes at least 30 more had been included in the design.
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