Business

Business
2:14 pm
Mon May 4, 2015

CHART: Kentucky Tourism Spending on the Rise

Credit Kentucky Tourism - kentuckytourism.com

According to new state data, Kentucky tourism and travel saw a boom in spending last year, a total of over $13 billion. That’s up 4.4 percent from 2013 and part of a wider five-year trend.

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Business
6:20 am
Mon May 4, 2015

More Than 1,200 Kentucky Coal Jobs Have Been Lost So Far This Year

Credit Austin Ramsey, WKMS

Coal jobs in Kentucky declined sharply in the first quarter of this year, according to the state’s latest quarterly coal report.

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Business
10:43 am
Fri May 1, 2015

Underwriter Spotlight: Wells Fargo Advisors, LLC

Wells Fargo Advisors, LLC/ Member SIPC
Credit photo provided

If you love "doing the numbers" with Marketplace or the Marketplace Morning Report, you've probably heard the name Wells Fargo Advisors, LLC. The comprehensive financial advisory group has broadcasted on WKMS for 15 years and also keeps you up-to-date on the day's latest market commentary with the afternoon stock report. 

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Business
7:09 am
Mon April 20, 2015

Study Quantifies Economic Effect of Electricity Price Increases in Kentucky and the Rest of the US

Credit Robert Lynch, publicdomainpictures.net

A new whitepaper released by Kentucky regulators in draft form last week quantifies the economic effects of rising electricity prices on jobs in the state and around the country.

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Business
12:10 pm
Fri April 10, 2015

Soybeans, Transportation Dominate Regional Exports

Credit Wikimedia Commons

A new report from the Office of the United States Trade Representative shows soybeans and transportation equipment dominated exports from Kentucky, Illinois, and Tennessee in 2014.  Soybeans led key agricultural exports in the Four Rivers region with over $4 billion combined, or close to 20% of the U.S. total.  Illinois topped that category with over $3 billion. Kentucky exported $13.7 billion of transportation equipment, the largest share of the three states' combined $29 billion in key manufacturing. 

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Business
11:34 am
Thu April 9, 2015

12,000 Kentucky Walmart Employees Receive Raises En Route to $10/Hour

Credit Walmart/Facebook

Retail giant Walmart is giving pay raises to its 12,088 employees in Kentucky. The move is part of a company-wide increase in wages that will see all Walmart employees earning $10 an hour by next February.

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Business
4:29 pm
Tue April 7, 2015

Farmers To Join Universities This Year In Industrial Hemp Growing Projects

Credit Whitney Jones / WKMS

Around 120 Kentucky farmers will grow hemp this year as the state enters its second of five years of hemp research and testing as allowed under the Farm Bill.

Adam Watson is the industrial hemp program coordinator for the Kentucky Department of Agriculture. He says though growing hemp commercially isn’t legal yet, there’s growing interest in the crop.

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Business
3:33 pm
Fri April 3, 2015

Shelter Warning In Place Around Louisville Appliance Park Fire

Credit WFPL

Update 3:45 p.m.: Air Situation

Regulators detected hydrochloric acid gas in the smoke at the site. But they haven’t found any signs of the toxic gas downwind. The city’s air pollution monitors have registered slightly higher levels of particulate matter today than is typical, but there haven’t been any large spikes in air pollution since the fire began.

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Business
5:40 pm
Tue March 31, 2015

PSC Holds Public Meeting to Discuss Kentucky Utilities Proposed Rate Hike

Credit elycefeliz / Flickr (Creative Commons License)

The Kentucky Public Service Commission is holding a public meeting to discuss Kentucky Utilities Company's proposed 9.6 percent rate increase that would raise a customer’s average monthly bill by $11 dollars.

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Business
5:12 pm
Mon March 30, 2015

Rural Kentucky Hospitals Struggling Because of Decline in Private Insurance, State Audit Says

Credit iStockPhoto

An increase in Medicaid services and a decline in the private insurance market in rural Kentucky has hit rural hospitals hard, according to State Auditor Adam Edelen.

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