IBJ's Influential Women Event

Friday November 7, 2008 Westin Indianapolis Downtown 7:45 AM to 10:00 AM Please RSVP by October 31, 2008   n November 7 Indianapolis Business Journal will be recognizing local women who have demonstrated professional excellence and leadership in their careers and community service. These are women who are influential in their company or industry; have a solid reputation for experience, integrity and ethical behavior; and have a track record of accomplishment. FEATURED SPEAKER Deirdre Connelly President Lilly, USA Influential Women Recognition Breakfast $35 per person | $700 corporate table of ten Click here for Individual Registration | Click here for Corporate Table of 10 Registration | Click here for Registration PDF

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Some Indiana stocks rebound after sell-off

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DJIA 10,604.7 +242.6 / S&P 500 1,139.9 +33.5 / NASDAQ 2,046.2 +62.4 Tonight: Chance of a shower, cooler. L 45. Tomorrow: Mostly cloudy, chilly with showers. H 58.
	Tuesday, September 30, 2008
	Some Indiana stocks rebound after sell-off On the day after investors retreated from Wall Street, equity markets staged a partial recovery this morning, with some Indiana companies faring well and others seeing a downturn. Conseco Inc., Accuride Corp. and 1st Source all saw gains. But Irwin Financial Corp. and Finish Line Inc. retreated.     Candidates, Bush urge reviving financial bailout President Bush warned today that failing to pass a financial rescue plan would bring severe consequences to the U.S. economy. "Congress must act," he declared in an appeal that both presidential candidates echoed. Republican John McCain and Democrat Barack Obama separately urged Congress to redouble efforts to get a deal through and both proposed increasing federal deposit insurance on accounts to $250,000 as a key part of it. In brief remarks at the White House, Bush warned that, "if our nation continues on this course, the economic damage will be painful and lasting."
	Union overwhelmingly ratifies Kroger contract More than 98 percent of United Food and Commercial Workers Union members at Indianapolis-area Kroger stores have voted to ratify a new, four-year contract. Local 700 President Joe Chorpenning said the contract includes wage increases totaling $3 to $4 an hour over the life of the contract. Most workers getting the increases now make $10.25 to $11.85 an hour. The union gave no concessions to Kroger, Chorpenning said: "We did great."   Duke project lands 6,400 defense workers Real estate firm Duke Realty Corp. said today that the Army has picked Duke's Mark Center in Alexandria, Va., as the site for 6,400 soon-to-be-relocated Department of Defense employees. The workers are moving from Arlington, Va., as part of the Base Realignment and Closure Act.   Tax breaks approved for Delphi upgrades The Kokomo City Council has approved $160 million in tax breaks for Delphi Corp., hoping that factory upgrades the tax breaks support will keep 3,000 jobs in the city. The council voted unanimously yesterday to approve the 10 years of tax abatements for Troy, Mich.-based Delphi. Delphi has been operating under Chapter 11 bankruptcy protection since October 2005.   Norton to lead Boone County development Dax Norton, the economic development director for Blackford County, has been named executive director of Boone County Economic Development Corp. Norton, 36, replaces Kristi McKillip, who joined Indy Partnership in July. Norton also has held business development jobs in Greensburg and Bloomington, according to the Lebanon Reporter. Patriot Homes files for Chapter 11 protection Patriot Homes Inc. has filed for Chapter 11 bankruptcy protection, blaming the slumping housing market and tight credit. The company, based in Middlebury, filed for protection from creditors Sunday. Patriot says it plans to continue operations as usual at its plants in Indiana, Texas and Alabama.   Purdue dedicating building named for Jischke Purdue University is honoring its former president today at the official dedication of the Martin C. Jischke Hall of Biomedical Engineering. Jischke retired last year after leading Purdue for seven years. The $25 million facility named for Jischke opened in fall of 2006 on the West Lafayette campus, allowing the Department of Biomedical Engineering to transform into a full-fledged school.
	In Cleveland, a critical clash The silencing of a critic raises questions in Indianapolis. Lou Harry's A&E   Cheering up the real estate crowd Realtors can sell houses by playing up their value. NewsTalk Notre Dame still the gold standard? Irish football is raking in cash, but others are catching up. The Score From IBJ staff - Compiled by Norm Heikens
	Crawford's Bakery closes downtown spot Owners of Crawford's Bakery are shuttering their downtown location. For 21 years, the bakery, 1609 N. Capitol Ave., has served up homemade baked goods and deli sandwiches. The closing will be marked with a ceremony and food giveaways to in-store customers. At 6 p.m., IFD Station 5 will wheel any remaining products to the station at 155 W. 16th St. Owners say they decided to close after the lease on their building expired. All employees were offered jobs at the company's northwest-side location. Fox 59 will have more at 10 p.m. Ballard signs 2009 budget Mayor Greg Ballard signed the city's 2009 budget today. Arts spending will be curtailed, and cuts also are on tap for parks and the jail. Ballard says the budget will help Indianapolis live within its means while adding money for infrastructure improvements. Police collide responding to robbery Two police officers were injured late last night when their cars crashed during a pursuit of a robbery suspect. The officers collided at 52nd Street and North Keystone Avenue after responding to a robbery at a Subway restaurant in the 5500 block of Keystone. One officer suffered minor injuries and was taken to Methodist Hospital. The suspects, two men, were apprehended after a brief chase on foot. Convicted sex offender died of strangulation An autopsy shows that a registered sex offender died of strangulation after a struggle Sunday at a residence in the 3500 block of West 79th Street. Police believe David Meyers, 52, broke into the room of a teenage girl naked and armed with a knife. The girl's father, Robert McNally, 64, put Meyers in a headlock after responding to his daughter's scream. Prosecutors say they do not plan to file charges against McNally. Embattled Emmis hanging tough Emmis Communications Corp. is taking a beating along with other radio companies on Wall Street. U-verse generates complaints AT&T's U-verse, Ma Bell's high-tech answer to cable television's troika of video/voice/Internet service, is generating consumer complaints.  Spotlight on savings Retailers are slicing energy costs through innovative illumination.
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	IBJ Daily hosted and delivered by Unsubscribe | Update Profile | Manage Subscriptions We respect your right to privacy - click here to view our policy. Copyright © IBJ Media Corp. 2007. All Rights Reserved. Privacy Policy Reproduction or use without permission of editorial or graphic content in any manner is strictly prohibited. Reprint orders: To request reprint permission contact IBJ's managing editor. Phone: 317-634-6200 - E-mail: managingeditor@ibj.com This email was sent by: IBJ Corporation 41 East Washington Street, Suite 200 Indianapolis, IN, 46204-3592, United States of America  *The Dow Jones Indexes(SM) are compiled, calculated and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of The Dow Jones Indexes(SM) Copyright © 2007 Dow Jones & Company, Inc.