Business http://wkms.org en Plummeting Corn Prices Cut Farmers' Profits http://wkms.org/post/plummeting-corn-prices-cut-farmers-profits <p>Good weather and bumper corn crops for the last two years have generated a surplus of corn and, in turn, lower prices for area farmers.&nbsp;</p><p> Mon, 28 Jul 2014 21:28:30 +0000 Allison Crawford 42433 at http://wkms.org Plummeting Corn Prices Cut Farmers' Profits Self-Published Authors Make A Living — And Sometimes A Fortune http://wkms.org/post/unknown-authors-make-living-self-publishing Five years ago, printing your own book was stigmatized and was seen as a mark of failure.<p>"But now," says Dana Beth Weinberg, a sociologist at Queens College who is studying the industry, "the self-published authors walk into the room, and they say, oh, well, 'I made a quarter million dollars last year, or $100,000, or made $10,000.' And it is still more than what some of these authors are making with their very prestigious contracts."<p>Weinberg says there is still a strong financial case to be made for publishing books the old-fashioned way, but there are now many well-known independent au Fri, 25 Jul 2014 13:44:56 +0000 editor 42366 at http://wkms.org Self-Published Authors Make A Living — And Sometimes A Fortune How High Debt From The Housing Collapse Still Stifles Our Economy http://wkms.org/post/how-high-debt-housing-collapse-still-stifles-our-economy "Foreclosure, foreclosure, foreclosure."<p>Real estate broker John Susani drives down a Paterson, N.J., street where every third house seems to be abandoned or boarded up. During the boom years, money flooded into Paterson.<p>"The banking industry allowed everyone to be a homeowner; they gave mortgages to people [just because they were] breathing," Susani says.<p>In some cases, he says, home prices jumped as much as 50 percent. The homes on these streets aren't worth nearly that much anymore.<p>Seven years after the subprime mortgage crisis, U.S. Thu, 24 Jul 2014 12:56:34 +0000 Jim Zarroli 42340 at http://wkms.org How High Debt From The Housing Collapse Still Stifles Our Economy Murray Downtown Disasters: How the City’s Handling Collapsing, Burned Buildings http://wkms.org/post/murray-downtown-disasters-how-city-s-handling-collapsing-burned-buildings <p><span style="line-height: 1.5;">Murray Mayor Bill Wells says the city was in talks with the Kentucky League of Cities for clarification on its legal involvement in keeping downtown buildings safe and maintained before this morning’s fire broke out.</span></p><p> Wed, 23 Jul 2014 21:28:14 +0000 Whitney Jones 42328 at http://wkms.org Murray Downtown Disasters: How the City’s Handling Collapsing, Burned Buildings Bad Luck: Murray Business Loses Office After Collapse, Then Fire Threatens New Office http://wkms.org/post/bad-luck-murray-business-loses-office-after-collapse-then-fire-threatens-new-office <p>First it was a collapsed office, now it is a fire next door, Pierce Keller and Associates is facing destruction again. Julie Keller and her husband had purchased and were in the process of renovating 504 Maple Street when adjacent buildings on Murray’s square caught fire overnight Tuesday.</p><p> Wed, 23 Jul 2014 21:24:40 +0000 Allison Crawford 42327 at http://wkms.org Bad Luck: Murray Business Loses Office After Collapse, Then Fire Threatens New Office [Slideshow: Afternoon Photos Added] Early Morning Fire on Murray Court Square http://wkms.org/post/slideshow-afternoon-photos-added-early-morning-fire-murray-court-square <p><em>(Click on the above photo to see the slideshow. More photos on <a href="https://www.facebook.com/media/set/?set=a.10152171138037443.1073741849.146418017442&amp;type=1">our Facebook page</a>)</em></p><p><strong>UPDATE - 7/24/14 11:30 AM&nbsp;</strong>-- Murray firefighters remain on the scene since they are concerned about the possibility of small rekindling flames. The fire department is continuing to investigate the start of the fire, which they believe began at Wilson's Florist. Roads surrounding the damaged buildings remain closed.</p><p> Wed, 23 Jul 2014 11:28:31 +0000 Todd Hatton, Troy Taylor & Whitney Jones 42306 at http://wkms.org [Slideshow: Afternoon Photos Added] Early Morning Fire on Murray Court Square Labor Negotiations Hit Snag at Honeywell on First Day http://wkms.org/post/labor-negotiations-hit-snag-honeywell-first-day <p>L<span style="line-height: 1.5;">abor agreement negotiations at the Metropolis Honeywell Plant got off to a bumpy start as workers were ordered to remove their union stickers yesterday morning. &nbsp;&nbsp;Union representatives claim the move violates the National Labor Relations Act. </span><span style="line-height: 1.5; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">&nbsp;United Steelworkers Local 7-669 President, Stephen Lech&nbsp;expressed his disappointment with the turn of events.</span></p><p> Tue, 22 Jul 2014 14:04:52 +0000 Troy Taylor 42277 at http://wkms.org Labor Negotiations Hit Snag at Honeywell on First Day Latest Wrinkle In The Jobs Debate: Blame The Boomers http://wkms.org/post/latest-wrinkle-jobs-debate-blame-boomers Since late 2007, the U.S. labor force has shrunk significantly, raising questions about where former workers have gone and why.<p>Now the White House Council of Economic Advisers says it has found answers and has compiled them into a <a href="http://www.whitehouse.gov/sites/default/files/docs/labor_force_participation_report.pdf">detailed research report </a>released Thursday.<p>As it turns out, most of the missing workers have been hiding in plain sight: They are retiring baby boomers.<p>"In 2008, the U.S. economy collided with two historic forces. Thu, 17 Jul 2014 21:55:54 +0000 Marilyn Geewax 42182 at http://wkms.org Latest Wrinkle In The Jobs Debate: Blame The Boomers Honeywell, United Steelworkers Begin Negotiations Next Week http://wkms.org/post/honeywell-united-steelworkers-begin-negotiations-next-week <p></p><p><span style="line-height: 1.5;">Contract negotiations begin next week between the Metropolis Honeywell plant and the local union.</span></p><p>The last contract negotiation began in 2010 and lasted <a href="http://wkms.org/post/one-year-mark-negotiations-continue-between-honeywell-and-united-steelworkers">more than a year</a> with several workers taking other jobs during the work stoppage.</p><p> Thu, 17 Jul 2014 21:14:29 +0000 Whitney Jones 42175 at http://wkms.org Honeywell, United Steelworkers Begin Negotiations Next Week Jennie Stuart Medical Center to Eliminate Jobs http://wkms.org/post/jennie-stuart-medical-center-eliminate-jobs <p>Hopkinsville’s Jennie Stuart Medical Center will eliminate 70 job positions through an accelerated retirement program and layoffs.</p><p> Thu, 17 Jul 2014 20:32:39 +0000 Allison Crawford 42169 at http://wkms.org Jennie Stuart Medical Center to Eliminate Jobs