Latest Kentucky News
RSS-
Stocks edge lower as investors reassess Fed fears
NEW YORK -- Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.U.S. markets plummeted immediately after the opening bell Thursday following a global slump prompted in part by an unexpectedly weak report on manufacturing in China. Concern that the Federal Reserve might ease back on its economic stimulus program sooner than expected had ...
-
News Summary JJ predicts surge of new medicines
BIG PLANS: Johnson & Johnson says it's poised by 2017 to seek regulatory approval for a dozen new medicines and two dozen variations of existing ones.BIG IMPACT: Two experimental medicines could transform current treatments. One is an antidepressant that appears to work in just a day, instead of taking weeks. The other is a powerful painkiller that's not addictive.BIG REBOUND: ...
-
Senate votes down proposal to end tobacco crop insurance subsidy
The U.S. Senate voted 52-44 Thursday afternoon to kill an amendment to the Farm Bill that would have eliminated federal crop insurance subsidies for tobacco."This is a big victory for Kentucky's tobacco growers and their families. I was happy to lead the fight to protect our farmers from another assault by Washington to go after our home state jobs," said Sen. Mitch McConnell, ...
More Kentucky News
RSS-
Campbell buying Plum Organics
NEW YORK - Campbell Soup says it's buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories.The company, based in Camden, N.J., had been struggling to increase sales of its canned soups in recent years as people increasingly look for foods with a fresher feel. To diversity its portfolio, Campbell also recently ...
-
Why worry Less aid by Fed would point to recovery
WASHINGTON - Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.Yet almost lost in the anxiety that gripped the stock market this week is that whenever the Fed slows its drive to keep interest rates low, it will be cause for celebration: It would mean policymakers think the economy is strong enough to accelerate ...
-
A look at weekend Thoroughbred racing
The Memorial Day weekend kicks off summer and, with no Triple Crown hopes to extend the spring, also kicks off a "second season" of racing. There are important turf races at Churchill Downs, Belmont Park, Hollywood Park and Arlington Park. Some of the nation's top steeds will be on display in the Grade I Met Mile at Belmont. Fillies and mares are in action from coast to coast and ...
-
News Summary US mortgage rates up but still low
RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic ...
-
Wheat gains on overseas demand
NEW YORK -- The price of wheat is rising by the most in two weeks after a U.S. government report showed strong demand for the grain from overseas buyers.Wheat for delivery in July rose 14.75 cents, or 2.1 percent, to $7.0325 a bushel, its biggest advance since May 9.The U.S. Department of Agriculture on Thursday reported orders for a total of 953 tons of wheat in its weekly export sales report. ...
-
Muni bond investors on edge over tax proposal
BOSTON -- Municipal bonds continue to provide a reliable refuge from stock market volatility and a steady source of tax-free income.An index of muni bond mutual funds has recently been yielding around 2.18 percent. While that's nothing to brag about, it's a substantially higher yield than the roughly 2 percent that 10-year Treasury bonds offer, without factoring in the tax-exempt ...
-
Big stores nix credit card settlement file suit
NEW YORK -- Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing.A larger group of 19 trade associations and retail companies originally filed suit against the card processing companies in 2005, claiming that they conspired to fix the ...
-
JJ expects 10-plus new drug applications by 2017
NEW BRUNSWICK, N.J. - Johnson & Johnson says it plans to submit more than 10 new treatments to regulators for approval and 25 applications for additional uses of approved drugs by 2017.The New Brunswick, N.J., company says its pipeline of drugs in late-stage clinical development include a potential hepatitis C treatment being reviewed by regulars, a version of the anti-psychotic Invega ...
-
IMF chief Lagarde in court in fraud probe
(AP Photo/Thibault Camus). IMF Managing Director Christine Lagarde, leaves her apartment building before appearing in French court, in Paris, Thursday, May 23, ...
-
Oil tracks gains in stocks erases early losses
By The Associated Press NEW YORK (AP) - An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday. Benchmark oil for July delivery fell 3 cents to close at $94.25 a barrel on the New York Mercantile Exchange. The price sank as low as $92.21 in the morning after weak manufacturing data from China raised questions about the strength of oil demand in the world's ...
-
Pepper your wardrobe with Gatsby glitz for less
NEW YORK - Baz Luhrmann's big screen adaption of "The Great Gatsby" is shining a spotlight on Roaring Twenties glam fashions, from drop-waist dresses and head scarves to crisp bow ties and spectator shoes. But you don't need a wallet the size of Jay Gatsby's to get the look.There are plenty of choices if you want to dress head-to-toe or just spice up your wardrobe with a ...
-
Snapple co-founder Leonard Marsh dies at 80
Leonard Marsh - the co-founder of the Snapple beverage brand - has died at age 80.Snapple was founded in New York as Unadulterated Food Products in 1972, selling natural fruit juices to health food stores. Marsh started the business with his brother-in-law Hyman Golden and his childhood friend Arnold Greenberg. The now well-known brand name didn't appear until 1980.Marsh was a window washer ...
-
Many Kentucky parks will celebrate trails day
Leave No Trace " will take place. At 8:00 p.m., the park naturalist will lead a sunset walk. There will be other hikes throughout the day as well. Call (800) 325-1708 for more ...
-
Prosecutor iPad theft defendants ambushed victim
LAS VEGAS (AP) -- A prosecutor in Las Vegas is comparing two men accused of killing a high school student who refused to let go of his iPad to wild animals ambushing a weak ...
-
Shareholder adviser firm paying $300000 fine
WASHINGTON -- A well-known firm that advises big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information.Institutional Shareholder Services agreed to the penalty in a settlement announced Thursday with the Securities and Exchange Commission. The firm, based in ...
-
Tea party wins round in health care reform lawsuit
FRANKFORT, Ky. - The tea party won the first round Thursday in a lawsuit that questions the legality of the Kentucky Health Benefit Exchange that Gov. Steve Beshear set up last year by executive order.Franklin County Circuit Judge Phillip J. Shepherd refused to dismiss the lawsuit, as had been requested by attorneys for the state.The state argued unsuccessfully that taxpayers don't have ...
-
Possible layoffs at Paducah plant delayed
PADUCAH, Ky. - A company that sent layoff notices to about 260 workers at the Paducah Gaseous Diffusion Plant says it will delay implementing them for at least 30 days.LATA Kentucky project manager Mark Duff told The Paducah Sun (http://bit.ly/10VLIhI) that Congress approved a "reprogramming request" from the Department of Energy that could mean more funding for cleanup efforts at the ...
-
Covington Road detour scheduled
FORT WAYNE – Covington Road will close at the railroad tracks for more than a week.The city Traffic Engineering Department announced Thursday that the road will close to all traffic at the Norfolk Southern Railroad tracks between Brooklyn Avenue and Freeman Street.The closure is scheduled to begin on Wednesday and continue through June 7.The official detour will use Freeman, Taylor Street ...
-
14 restaurants offer Charles Ramsey free burgers for life
(RNN) - At least a dozen restaurants in the Cleveland area have pledged to give the man who rescued three Ohio women from captivity free burgers for life. Charles Ramsey, the guy who famously stopped eating his Big Mac to rescue Amanda Berry, Gina Dejesus and Michelle Knight, will now receive free burgers for the rest of his life from dozens of Cleveland area ...
-
The Galapagos are now just a click away Google photographs famous islands for Street View
In this May 2013 photo provided by Google, Daniel Orellana of the Charles Darwin Foundation collects seashore imagery with the Street View Trekker at the Los Humedales wetland area on Isabela island in the Galapagos. Few have laid eyes on many of the volcanic islands of the Galapagos archipelago that remain closed to tourists. But soon the curious will be able to explore these places that ...
-
Kerry Kennedy farmworker protest Wendys in NYC
Kennedy heads the Robert F. Kennedy Center for Human Rights, named for her late father. She led the crowd outside the stockholders' meeting in a chant of "What do we want? Justice! When do we want it? ...
-
Oil falls on concerns for China demand Fed policy
NEW YORK -; The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 ...
Louisville Digest
-
Louisville recieves grant to redress racial legacy
The history of Louisville is a story of courage, human tenacity and vision, oppression, redemption, slavery and equality. Modern day Louisville has political and legal equality enshrined in its culture like any other major city in the modern world, but the blight of racism remains, in the socio-economic character of the city.
Fortunately, the W.K Kellogg Foundation is playing a part, along with many other organizations on a local and national level, in providing the city with the societal progress needed to eliminate those legacies that linger from the past, the legacy of the slave trade, of the civil rights movement and the violence and backward tendencies that accompanied them. Read more
News from around our Network
