Business

Business
12:54 pm
Wed November 20, 2013

Lexington Legislator Pre-Files Bill To Create "Benefit Corporations"

  A bill has been pre-filed in the Kentucky legislature that would permit the founding of “benefit corporations.” Lexington Representative Kelly Flood is pushing the legislation to address shortcomings in modern day capitalism.

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Business
11:40 am
Tue November 19, 2013

Eastern Kentucky Coal Production, Employment Declines Again in Third Quarter

Decumanus Wikimedia Commons

Originally published on Tue November 19, 2013 11:30 am

Kentucky’s coal production and employment both dropped during the third quarter of this year, and once again the state’s eastern coalfields recorded the biggest loss, according to the latest quarterly coal report.

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Business
12:09 pm
Tue November 12, 2013

Discovery Park Draws Large Crowd, Long Lines

Credit Discovery Park of America

Almost 10,000 people have visited the Discovery Park of America in Union City, Tenn., since its opening this month. But many of those visitors come on the weekends causing a long wait to enter the park.

Marketing Director Mary Nita Bondurant said while the staff is encouraging local visitors to buy tickets during the week when it’s not as busy, the wait is about average for similar attractions.

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Business
3:43 pm
Mon November 11, 2013

Promotion Of Veteran-Produced Agriculture Goes National

Credit Kentucky Department of Agriculture

Kentucky's Homegrown by Heroes program which features farm goods produced by military veterans is spreading nationwide. 

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Business
1:59 pm
Mon November 11, 2013

Purchase Area Regional Industrial Park Committee Decides to Stop Infrastructure Projects

Credit http://www.kyindustrialpark.com/

  An advisory committee for the Purchase Area Regional Industrial Park has tabled discussion of more infrastructure projects until they find a tenant to curb possible extraneous spending.

Park Chairman Tony Goodman said last week’s decision is wise financially because the park officials don’t know the future tenant’s specific needs.

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Business
7:18 am
Tue November 5, 2013

Union To File Complaint At Honeywell Plant

Members of United Steel Workers at the Honeywell Plant in Metropolis say the Nuclear Regulatory Agency blocked participation by Local Union President Stephen Lech during an inspection.

The Union says it will seek action against Honeywell and has filed a complaint against the NRC with the Office of the Inspector General.

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Business
7:09 am
Tue November 5, 2013

Appeals Court To Weigh In On Liquor Sales

Credit wikimedia.org

A federal appeals court is set to consider the validity of a ruling striking down Kentucky's seven-decade old ban on grocery stores, gas stations and other retailers selling wine and liquor.

The U.S. 6th Circuit Court of Appeals has scheduled oral arguments for November 19 in Cincinnati in an appeal brought by the state's Alcoholic Beverage Control Department.

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Business
3:58 pm
Fri November 1, 2013

PTL President Establishes Employment Stock Ownership Plan, Keeping Jobs in Murray

Credit www.ptl-inc.com

Paschall Truck Lines President and CEO Randall Waller is putting all of the company’s stock into an Employment Stock Ownership Plan, or ESOP, that will keep the headquarters and jobs in Murray.

An ESOP provides employees with stock ownership through a trust, in this case with First Bankers Trust Services.

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Business
7:20 am
Fri November 1, 2013

KY Natural Gas Prices on The Rise

Credit Wikimedia Commons

As the days begin to get colder, Kentucky will see higher natural gas prices.  On average, customers who use about ten thousand cubic feet of natural gas, can expect to pay about 19 percent more than last November.  Still, State Public Service Commission Spokesman Andrew Melnykovych says it’s far less than a few years ago.

“Natural gas prices are gonna continue to go up and down from year to year, but it’s going to be, at least for the foreseeable future within a fairly narrow range, you know, dollar or two whereas in the past we’ve had these massive spikes where it’s gone up a hundred percent or more in some instances in a very short period of time and crashed back down only to rise again,” said Melnykovych.

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Business
9:23 am
Thu October 31, 2013

Japanese Consul-General Kato Touts Regional Partnerships And Tied Economies

 

You can listen to General-Consul Kato's 40-minute lecture:
 

Japanese Consul-General Motohiko Kato says his government plans to reinvigorate the economy while improving relations with neighboring countries.

Kato led a lecture and discussion on Murray State’s campus yesterday.

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