Business

Business
4:14 pm
Thu June 5, 2014

Mental Health Center Lays Off Employees, Shuts Down Two Programs to Continue Operations

Credit Facebook

Mental health services are taking a hit in western Kentucky, with the Pennyroyal Center announcing the closure of its Madisonville and Hopkinsville therapeutic rehabilitation programs. The center will also lay off 15 people. 

The therapeutic rehabilitation programs are for adults with chronic mental illness and will cease operation June 27.

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Business
12:10 pm
Thu June 5, 2014

[Slideshow] Progress on the Kentucky Dam Lock

photo courtesy of Don Getty

The Kentucky Lock Addition Project is located at Kentucky Dam on the Tennessee River. The project seeks to reduce the average delay time and reduce traffic levels for commercial tows. On Sounds Good, Kate Lochte gets an update on its progress from U.S. Army Corps of Engineers Project Manager Adam Walker and whether or not the Lock is on course for completion in 2018.

Listen to the conversation:

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Business
11:39 am
Thu June 5, 2014

Downtown Paris Week: Art Walk, Music on the Square, Local Eats & More

Downtown Paris Week kicks off this Sunday and continues until June 14. Downtown Paris Association invite visitors to come and experience a taste of Paris - dining at local restaurants, Music on the Square featuring the Chill Tonics, a guided tour highlighting historical places downtown, an art walk including several locations, carriage rides and more. Downtown Paris Association Executive Director Kathy Ray gives the details on Sounds Good.

Listen to the conversation:

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Business
11:47 am
Wed May 28, 2014

1 Million Cups: An Economic Development Movement in Madisonville

Madisonville Attorney and Chair of the city council's economic development committee Mark Lee comes to Sounds Good with information on the 1 Million Cups movement. Building a supportive, conducive culture for entrepreneurship is important for community improvement and this program seeks to engage entrepreneurs on local levels, now in 40 cities - recently Madisonville, the first affiliate in Kentucky. He explains the movement and how individuals can get involved.

Hear the conversation:

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Business
12:41 pm
Thu May 22, 2014

Kyndle Sparks Economic Development in Northwest Kentucky

The merger of the Henderson Chamber and Northwest Kentucky Forward that happened at the first of the year means another cooperative economic development group joins the West Kentucky Regional Chamber Alliance in taking our region's issues to Frankfort. You hear Kyndle and you think of the digital readers, but with a Y, it's an acronym for the Kentucky Network for Development, Leadership and Engagement. Kate Lochte speaks with Chief Executive Officer, Brad Schneider on Sounds Good today, beginning with an event in 2012 that got the ball rolling.

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Business
11:35 am
Wed May 21, 2014

Double Trouble For Coffee: Drought And Disease Send Prices Up

A fully formed coffee berry, left, is shown next to a damaged coffee berry due to drought, at a coffee farm in Santo Antonio do Jardim, Brazil on Feb. 6.
Paulo Whitaker Reuters/Landov

Originally published on Wed May 21, 2014 8:29 am

If you're drinking a cup of coffee right now, treasure it. The global supply of coffee beans may soon shrink because of problems in coffee-growing areas of Brazil and Central America.

With supply threatened and demand strong, prices are taking flight. Wholesale coffee prices are up more than 60 percent since January — from $1.25 per pound of bulk Coffea arabica beans to $1.85 this week.

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Business
3:52 pm
Tue May 20, 2014

How Far Your Paycheck Goes, In 356 U.S. Cities

Quoctrung Bui/NPR

Originally published on Tue May 20, 2014 1:16 pm

There's this thing people say all the time in New York and other expensive cities: If I could move somewhere cheaper, and keep my income the same, I'd be much better off.

Alas, in places where the cost of living is lower, pay tends to be lower as well.

So what you really want to know is this: How much do workers make in different cities? And how far does that money go in each city?

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Business
2:38 pm
Fri May 2, 2014

Ashland Official Says Job Cuts, Restructuring Will Strengthen Company

The chairman of Ashland Incorporated says the Covington-based firm will emerge from a corporate restructuring a smaller but stronger company. James O’Brien made the comment during Ashland’s quarterly conference call Thursday. 

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Business
10:12 am
Wed April 30, 2014

UK Business Professor: Kentucky’s Inadequate Workforce Plays a Role in Toyota’s Move to Texas

Credit www.toyotageorgetown.com

A University of Kentucky business professor says Toyota's decision to move more than a thousand jobs from Northern Kentucky to Texas could be a result of the commonwealth's inadequate workforce.

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Speaker's Corner
2:13 pm
Thu April 24, 2014

Speaker's Corner: Richard Harwood Talks "Reclaiming Main Street Campaign"

Listen to Richard Harwood's speech in full

Rich Harwood, the founder and president of the Harwood Institute for Public Innovation, spoke at Murray State University's Wrather Auditorium Tuesday for the Murray-Calloway County Chamber of Commerce's Business Breakfast event. 

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