Business

Business
11:25 am
Fri October 24, 2014

Tobacco Farmers Lose Longtime Safety Net

Marvin Eaton owns a farm in Belew's Creek, N.C., where he grows 200 acres of tobacco. He bought the farm from his grandfather and plans to pass it down to his son.
Emily McCord WFDD

Originally published on Fri October 24, 2014 1:31 pm

Tobacco growers are about to face a completely free market. This month, they'll receive their last checks from a government program meant to ease them out of a Depression-era tobacco-price-fixing system.

That has left Stanley Smith, who grows about 60 acres of tobacco on his farm not far from Winston-Salem, N.C., feeling a little unsettled.

"I've farmed all my life," Smith says. "I think the best way to sum it up is our safety net now is gone."

Read more
Business
2:17 pm
Wed October 22, 2014

Local Tech Company Ranked 18th Among Top 100 Cloud Services Providers

Credit Facebook - Computer Services, Inc.

A national information service company has ranked a Paducah-based banking technology company as one of the best cloud service providers in the world. Penton Media reports Computer Services, Inc., or CSI, is 18th among the world’s top 100 cloud service providers based on revenue growth. For context, DropBox ranked 13th and Google ranked 7th. 

Read more
Business
3:06 pm
Tue October 21, 2014

Preservation Strategy Conference Focuses on Revitalizing Downtown Paducah

The Kentucky Heritage Council, Preservation Kentucky Inc. the Kentucky Main Street Program and Paducah Main Street invite the public to a full day of information and discussion about the historic preservation of downtown Paducah this Saturday at Maiden Alley Cinema and the River Discovery Center. On Sounds Good, Kate Lochte speaks with Kentucky Heritage Council's executive director and state historic preservation officer Craig Potts about the conference, focusing on revitalizing downtown neighborhoods.

Read more
Business
10:52 am
Mon October 20, 2014

Underwriter Spotlight: Red Roof Ranch Alpacas & Store

The Alpacas are coming! The Alpacas are coming!

Fall has officially arrived. The leaves are starting to turn, and the weather's getting a little cooler - making warm socks an official priority. So what better month to welcome our new underwriters: Red Roof Ranch Alpacas & Store in Cadiz? 

Read more
Business
7:13 pm
Fri October 17, 2014

[Update] Who's Bringing the Beer: Owensboro Caught in Dispute

Credit iStock

A large brewery’s application to self-distribute has local brewers and distributors worried about the fate of distributorships and microbreweries in Owensboro and across the state. Several businesses and organizations have submitted protest letters to appeal the city’s Alcoholic Beverage Control Office approval of Anheuser-Busch InBev’s application for a license to distribute.

Read more
Business
4:14 pm
Fri October 17, 2014

TVA Fuel Prices Lowest in Four Years, Lowering Wholesale Power Cost

Credit Brent Moore / Flickr (Creative Commons License)

Tennessee Valley Authority fuel prices are the lowest they’ve been since the agency began recording them four years ago.

TVA Spokesman Scott Brooks says the average wholesale cost per kilowatt hour in November is 7 cents. He added that the fuel price is passed on to consumers and makes up about a third of the wholesale price. For November, Brooks says fuel cost is 1.8 cents out of the 7 cents wholesale price.

Read more
Business
4:45 pm
Thu October 16, 2014

Paducah Power Names Interim General Manager While Still Searching for Permament Replacement

Mark Crisson
Credit www.publicpower.org

Paducah Power System has named Mark Crisson its interim general manager after Dave Clark stepped down two weeks ago amid community concern over high power bills.  

A PPS statement says Crisson will start today and serve in the position for around five months while the utility’s board searches for a permanent replacement. Crisson is the former president and CEO of the American Public Power Association and Director of Utilities at Washington Public Utilities.

Read more
Business
3:46 pm
Tue October 14, 2014

Owensboro Company Producing Experimental Ebola Treatment

Credit Wikimedia Commons

In the midst of the ongoing Ebola crisis, an Owensboro company has ramped up production on an experimental treatment.

Read more
Business
12:24 pm
Tue October 14, 2014

Health Premiums And Costs Set To Rise For Workers Covered At Work

Originally published on Tue October 14, 2014 10:20 am

Fall is enrollment season for many people who get insurance through their workplace. Premium increases for 2015 plans are expected to be modest on average, but the shift toward higher out-of-pocket costs overall for consumers will continue as employers try to keep a lid on their costs and incorporate health law changes.

Read more
Business
11:23 am
Mon October 13, 2014

Dairy Queen Alerts Customers To Data Breach At Hundreds of Stores

Dairy Queen says a data breach may have affected customer credit card information at hundreds of stores including nearly dozen in the WKU Public Radio listening area.

Originally published on Fri October 10, 2014 3:44 pm

Dairy Queen says nearly 400 of its restaurants across the country were affected by malware that found its way on to credit card terminals.

Those locations include stores in Bowling Green, Owensboro, Somerset, Beaver Dam, Danville, Central City, Russellville and Versailles along with restaurants in Evansville and New Albany, Ind.

The company says the data breach happened mainly during the month of August and affected names, credit card numbers and expiration dates.  But Dairy Queen says PIN numbers were not affected. 

The company says the malware has been removed and no longer poses a threat to customers’ data.

Read more

Pages