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 DJIA 11,721.9 +175.3 / S&P 500 1,293.2 +10.4 / NASDAQ 2,390.3 +22.7
 |  |  Tonight: Mostly clear and mild. Low 68. Tomorrow: Hot and humid, isolated storm. High 90.
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|  Tuesday, September 2, 2008 |
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Calumet refineries unscathed by hurricane
The three Louisiana oil refineries operated by Calumet Specialty Products LLP weren't damaged by Hurricane Gustav, the Indianapolis company said today. All three are near Shreveport, which is in the northwestern corner of Louisiana and 350 miles from the coast. "We're not impacted at all," said spokeswoman Liz Swaine. 
Elanco home base moving to life sciences park
Elanco, the animal health division of Eli Lilly and Co., will move into a new 135,000-square-foot headquarters in Greenfield by the spring of 2010, the company announced today. Elanco's offices will go up on the northwest corner of State Road 9 and I-70, where Indianapolis developer Browning Investments Inc. is building a 52-acre life sciences business park. Elanco will occupy 20 acres of the park. Elanco, which accounts for about 10 percent of Lilly's sales, employs 320 people at its headquarters in Greenfield, located near U.S. 40 and Meridian Road. |  | | | |
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Chicago turns to Indiana hotels for Olympics bid
The organizers of Chicago's bid for the 2016 summer Olympics are turning to northern Indiana hotels for help in the Windy City's campaign to land the games. Under International Olympic Committee rules there must be 60,000 hotel rooms secured for the thousands of members of the "Olympic Family" - workers, sponsors and media - who would turn out for the games eight years from now.
Tennessee firm buys ice cream operation
Land-O-Sun Dairies LLC of Johnston City, Tenn., has acquired Driggs Farms of Indiana LLC, a bankrupt ice cream manufacturer in the northeastern Indiana town of Decatur. Land-O-Sun will continue operating the plant, which employs 200 in a Decatur industrial park, according to The Decatur Daily Democrat. The transition is expected to take place in September.
Only 2 firms sign up for new state tax credits
State tax credits intended to get more Indiana businesses to offer their employees health insurance have lured only two companies into the program. Last year, Republican lawmakers fought for the $50-per-employee incentive to be included in a health care insurance expansion the General Assembly financed with a 44-cent increase in the state cigarette tax.
Horseshoe Casino to pay $59,000 fine
Southern Indiana's Horseshoe Casino Hotel has agreed to pay a $59,000 fine for various violations of state regulations. Also, one of its dealers will serve a two-day suspension for unrelated violations of state gambling regulations. The Harrison County casino, formerly Caesars Indiana, agreed to pay the fine to avoid additional action and penalties on five counts of breaking state rules, including an allegation that a gambler who was forbidden to board the riverboat had wagered there several times.
Property tax repeal for Indiana? Not likely
When Gov. Mitch Daniels signed a property tax restructuring bill into law last March, he and some lawmakers who supported it said they were delivering significant and lasting reform and relief. But several citizens groups say it didn't go far enough. They want property taxes repealed completely through a state constitutional amendment, or at least repealed for homeowners. An interim study committee will explore the latter possibility during a Statehouse hearing on Sept. 10, and the room is sure to be packed.
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Union, ArcelorMittal announce agreement
The United Steelworkers and ArcelorMittal reached a tentative agreement Friday on a four-year contract that would cover 14,000 workers and tens of thousands of retirees. The contract is subject to approval by rank-and-file union members at 14 of ArcelorMittal's U.S. plants. The current contract expires today, and members had authorized the union to launch a nationwide strike if negotiations had failed.
Duke to build offices for GE Aviation
Locally based Duke Realty Corp said Friday it has been selected to build an office campus near Cincinnati for GE Aviation, a unit of General Electric Corp. Terms of the contract were not disclosed. The new offices will house about 1,400 employees, including more than 1,000 engineers. The facilities are scheduled to open during the third quarter of 2009.
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Mayor not starting with art
Ballard skips the Start with Art luncheon. Lou Harry's A&E
Less zing in Daniels' second term?
Reform-minded Mitch Daniels might be laying low for now. NewsTalk
New life for Whole Foods plan?
A firm hopes to revive plan for grocer near Fashion Mall. Property Lines
Indians hit 8-year attendance high
Attendance is highest since 2000, and sponsorship rises. The Score
From IBJ staff - Compiled by Norm Heikens
Speedway police arrest murder suspect
Police have arrested a man they say shot and killed another man early this morning in Speedway. Officers responding to a domestic dispute at Hermitage Apartments found the victim, Chris Ingram, shot in the head. The suspect, Joseph Fields, led officers on a brief chase down West 16th Street before crashing his car, which contained a shotgun and ammunition. Fox 59 will have more at 10 p.m.
Hoosiers helping in hurricane recovery
Hoosiers are heading south to assist areas affected by Hurricane Gustav. Gustav weakened to a tropical depression this morning, but Parker City-based Townsend Corp. is sending almost 600 repair personnel to fix power lines and remove downed trees along the Gulf Coast. Meanwhile, staff members with the Indiana Department of Natural Resources are on standby in case their help is needed. Gustav has been blamed for at least eight deaths in the U.S.
Autopsies scheduled following helicopter crash
Autopsies will be performed today on three crew members who died when a medical helicopter crashed yesterday in rural Decatur County. Air Evac Life Team identified the crew as pilot Roger Warren, nurse Sandra Pearson and paramedic and base manager Wade Weston. No patients were on board. The cause of the crash is under investigation.
Former Colt appears in court
Former Indianapolis Colts player Chijioke Nwokorie is scheduled to make an initial court appearance this afternoon to face two felony charges, including sexual battery. Investigators say a woman claims Nwokorie sexually assaulted her on Aug. 2 after the two had drinks in a Broad Ripple bar. The Purdue graduate played defensive back for the Colts from 1999 to 2002.
Selling 'instant gratification'
Scott Jones hopes advertising will turn his otherwise-free ChaCha search engine company into a profitable company. 
Developer betting on cottage homes
A developer sees big potential in building small houses near the Fashion Mall at Keystone.
Airlines balk at hub bill
Five airlines at Indianapolis International Airport complain they may be stuck with footing the bill for part of the $214 million FedEx cargo-hub expansion.
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