Business

Business
4:21 pm
Thu November 6, 2014

Paducah Officials Voice Shawnee Plant Concerns, TVA Board Makes No Decision

Shawnee Fossil Plant near Paducah
Credit TVA, Wikimedia Commons

A Tennessee Valley Authority Board discussion on the future of the Shawnee Fossil Plant prompted a faction of Paducah officials to attend the meeting and issue comments. The comments involve the fate of 2 of 9 functioning units at the plant.

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Business
3:05 pm
Thu November 6, 2014

Honeywell Radioactive Leak May Not Have Been Handled Properly

Honeywell in Metropolis
Credit file photo

Honeywell officials say a radioactive leak at the Metropolis facility last week may not have been handled properly.

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Business
3:10 pm
Wed November 5, 2014

Kentucky Utilities Asking for Increase in Electricity Rates to Finish Natural Gas Unit

Credit elycefeliz / Flickr (Creative Commons License)

Kentucky Utilities plans to ask the Public Service Commission to raise its base rate for electricity to cover the construction of a natural gas unit.

The utility’s Director of Media Relations Natasha Collins says they have filed a notice with the PSC to raise rates from nearly nine cents per kilowatt hour to 10.5 cents. The recent increase in Paducah Power System’s base rate is set at more than 11 cents and rises to nearly 13 and a half cents with Power Cost Adjustment according to its website.

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Business
11:02 am
Wed November 5, 2014

Thumbs Up For Higher Minimum Wages, And For Marijuana Industry

Fast-food workers and activists demonstrate outside a Chicago McDonald's in July in favor of a higher minimum wage. Illinois voters on Tuesday called on the state Legislature to approve a $10 minimum wage.
Scott Olson Getty Images

Originally published on Wed November 5, 2014 2:44 pm

Besides electing lawmakers Tuesday, voters settled ballot initiatives affecting everything from soda-pop taxes to fracking to marijuana sales.

The outcomes varied, but there was one economic issue that united voters. Overwhelmingly, they approved raises for minimum-wage workers.

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Business
9:11 am
Sat November 1, 2014

5 Reasons Why Your Financial Outlook Just Got Better

Gas prices below $3 per gallon add up to big savings for consumers.
Rich Pedroncelli AP

Originally published on Fri November 7, 2014 5:49 pm

Look at your paycheck.

Chances are good you won't see much more there than you did in the summer of 2008 — just before the financial crisis hit. Average private-sector earnings are $24.53 an hour now, unchanged from 2008, after adjusting for inflation.

So most likely, you haven't felt yourself moving up for years.

Now, that may be changing.

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Business
10:16 am
Thu October 30, 2014

Monsanto Hired This Guy To Help It Win Over Millennials

The headquarters of Monsanto, near St. Louis, Mo. Monsanto is the world's largest seed supplier.
Juliette Michel AFP/Getty Images

Originally published on Thu October 30, 2014 10:08 am

As I scrolled through tweets about a panel on agricultural entrepreneurs at the SXSW Eco conference earlier this month, one caught my eye. The sender was Vance Crowe, Monsanto's director of millennial engagement.

Corporate America is currently caught up in a torrid infatuation with millennials, who befuddle and torment the companies who want their dollars.

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Business
11:27 pm
Wed October 29, 2014

FTC Says AT&T Misled Customers About 'Unlimited' Data Plans

An AT&T Wireless store in Philadelphia.
Matt Rourke AP

Originally published on Wed October 29, 2014 6:52 pm

The Federal Trade Commission has filed a complaint in federal court against AT&T over just how unlimited the company's unlimited data plans are. The FTC says that by "throttling," or slowing down, the data of high-volume users, AT&T in fact was not giving users unlimited data. This throttling would sometimes reduce users' data speeds by 90 percent.

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Business
4:47 pm
Tue October 28, 2014

Overnight Delivery To Come To An End with Postal Service Changes

Credit Kevin Dooley / Flickr (Creative Commons License)

The local chapter of the American Postal Workers Union is preparing for the end of overnight delivery as the US Postal Services consolidates and changes its standards.

Paducah Local 2500 Vice President Gerl McKinney says the postal service standards will change Jan. 5, 2015, and the Paducah processing facility is set to close April 1, 2015, eliminating overnight delivery.

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Business
3:27 pm
Tue October 28, 2014

Murray State Alumna Helps Write Untold Stories of Humanitarian Efforts

Holly Wise
Credit thevoiceboxmedia.org

Murray State alumna Holly Wise is passionate about multimedia storytelling with an emphasis on international humanitarian issues. She teaches at Texas State University near Austin and she founded VoiceBox Media in 2012. Its purpose is to create journalistically sound multimedia story packages for small to mid-sized nongovernmental organizations in order to bridge the gap between them and potential donors. Kate Lochte and Holly Wise chat on Sounds Good about her accomplishments.

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Business
7:22 am
Tue October 28, 2014

TeleTech Receives $100k from McCracken Co. Fiscal Court

Credit teletech.com

The technology based support provider TeleTech will receive $100,000 from the McCracken County Fiscal Court to assist in employee training. Judge Executive Van Newberry says the court will provide support to TeleTech after creating more jobs than originally expected.  

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