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 DJIA 12,548.2 -0.2 / S&P 500 1,383.5 -1.8 / NASDAQ 2,476 -5.2
 |  |  Tonight: Clear and chilly. Low 47. Tomorrow: Lots of sun, milder. High 74.
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|  Wednesday, May 28, 2008 |
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Lilly said to 'regret' delay in noose incident
Eli Lilly and Co.'s director of global security said in a company newsletter that he regrets that Lilly officials did not immediately report the discovery of an alleged noose hanging in a tree on its corporate campus in Indianapolis, according to a statement issued yesterday by a law firm that is suing Lilly for racial discrimination. Two months ago, Rose & Rose, a Washington, D.C., law firm representing current and former black Lilly employees, announced that a contract security guard had discovered the noose in February. Not until March did Lilly and the Indianapolis office of the FBI open a preliminary investigation into the incident. 
Lebanon Utilities losing money on Internet unit
Lebanon's city council has voted to send a nonbinding recommendation to the municipally owned utility that serves the city to stop offering Internet service. Lebanon Utilities anticipates losing $400,000 on the service this year and a total of $1.27 million by the end of 2010, according to the Lebanon Reporter. The utility's board plans to decide whether to continue the service at a meeting on June 4. If the utility pulls the plug on the service, the division's $1.5 million debt would be distributed across electric, and water and sewer departments. |  | | | |
|  | Three local men buy Carolina radio station
Local online sports broadcasters Jason Dozier and Robert Kendall have bought a radio station in North Carolina with a third partner, local businessman Rod Sheeks. Dozier, of Indianapolis, and Kendall, of Brownsburg, run AudioSportsOnline.com. AudioSportsOnline broadcasts audio and video footage of youth, high school and college sports, including games from schools in Avon, Indianapolis and Plainfield. Dozier will run the Whiteville, N.C., radio station, WTXY-AM 1540. The format will be changed from talk to local news and sports.
Federal-Mogul adding 50 workers in Avilla
Federal Mogul Corp., the Southfield, Mich., auto parts giant, plans to add as many as 50 employees at its lighting plant in the northeastern Indiana town of Avilla. The jobs will be part of a $6 million expansion. The plant now employs 120. The Indiana Economic Development Corp. offered as much as $500,000 in tax credits and $180,000 in training grants if the company completes its expansion.
Landowners getting trampled in gas-rights rush
Unsuspecting property owners around the country are getting trampled in an old-fashioned land rush by natural-gas companies and speculators trying to lock up long-ignored drilling rights quickly and cheaply. Stories of fast-talking industry representatives using scare tactics to strong-arm people into signing lowball leases are popping up in rural areas and suburbs from New York to West Virginia to parts of Indiana and Texas. All sit atop largely untapped natural-gas deposits made suddenly viable - and valuable - by soaring prices and improved drilling techniques.
Indy lawyer gets good news from China quake
The earthquake that devastated so much of southwestern China this month hit close to home for Baker & Daniels attorney Calvin Ding. Ding, who focuses on international law, got a call informing him that a 9-year-old cousin escaped from a school leveled by the quake. The girl crawled out, leaving behind dead classmates.
On Sydney Pollack
It's hard to get excited about Sydney Pollack's films. Lou Harry's A&E
Farm bill stranglehold
Red Gold is limited to 9,000 acres of Indiana tomatoes. NewsTalk
L'explorateur, Scotty's & Taste of Tango
More restaurants are in the works downtown. Property Lines
As draft nears, Pacers cool on IU's Gordon
Bird eyes a true point guard, possibly Texas' D.J. Augustin. The Score
From IBJ staff - Compiled by Norm Heikens
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St. Vincent offers new access to medical records
St. Vincent Heart Center of Indiana and The Care Group have formed a partnership with locally-based GEMMS to conveniently offer patients and families their medical information in emergencies. GEMMS MyRECORD is a credit-card sized compact disc that contains patients' cardiovascular medical information and history. The $25 CD is the first of its kind in Indiana. It includes patients' medication lists, diagnosis, allergies, discharge summary and diagnostic image reports. Emergency information, physician contact information and education on a patient's specific diagnosis and medications also are available on the mini-CD. FOX 59 will have more at 10 p.m.
Indiana slow to adopt ethanol in state vehicles
While Indiana is among the nation's leading producers of ethanol, the state is lagging behind when it comes to using it. The Renewable Fuels Association says Indiana ranks sixth in ethanol production, but that only 18 percent of the state's fleet of more than 6,500 government vehicles runs on E-85, a mixture of 85 percent ethanol and 15 percent gasoline.
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| Construction of hotels to begin tomorrow
The groundbreaking ceremony for the $425 million JW Marriott hotel downtown is scheduled for tomorrow. The three-hotel complex near White River State Park is expected to bring hundreds of rooms to Indianapolis. Two of the hotels should be finished by March 2010, while the 34-story Marriott Tower should be completed by March 2011. The hotels will be a few blocks from Lucas Oil Stadium, site of the 2012 Super Bowl.
Bikers raise money for burn camp
Some Carmel firefighters are among a group of about 100 motorcyclists who hit the road this morning to raise money to help children attend Camp Tecumseh. The camp is at Brookston, near Lafayette, and caters to burn survivors.
Meridian hotel market: critical mass or glut?
When the Renaissance Indianapolis North Hotel opens May 30, there will be six hotels offering 850 rooms to out-of-towners along a 3-mile stretch of North Meridian Street in Carmel. But the newest hotel, developed by Cincinnati-based Winegardner & Hammons Inc., has an edge over the five other hotels nearby. "It's the only full-service hotel in the mix," said Mark Eble, vice president with the local office of PKF Consulting Corp., a hospitality research firm based in Atlanta. 
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