Business news

The first shipment in a huge deal to export coal to India hasn’t yet left Appalachia. The deal was announced in August: Kentucky-based Booth Energy agreed to send up to nine million tons of coal a year to India for 25 years, at an estimated value of $7 billion. The first shipment was supposed to be on its way by the end of September.

People in the Henderson area will have a chance Monday to give their opinions on a new area code that will be needed in western Kentucky in early 2014. The Kentucky Public Service Commission is holding meetings in several cities on the issue.

An airport official says Bowling Green is closing in on bringing commercial air service to the area with a route to Atlanta a possibility. Bowling Green Regional Airport manager Rob Barnett told The Daily News that five airlines at a recent conference expressed interest in flying from the southern Kentucky city to a hub in Atlanta.

General Motors plans to idle Corvette production in Bowling Green for six months to prepare for the next generation of the iconic sports car. The automaker laid out its schedule for revamping its assembly plant in Warren County for the all-new 2014 model.

A manufacturing firm based in Glasgow, Kentucky will create 25 new jobs through a plan to expand its operations. Kentucky Governor Steve Beshear announced the $3.8 million SpanTech expansion project, which will include purchasing new equipment and leasing an additional 55,500 square feet.

Work on a nearly $3 million terminal expansion and renovation at Owensboro's airport is almost complete. Airport Manager Bob Whitmer tells The Messenger-Inquirer the project will resolve overcrowding and give the terminal a modern look.

A recent ruling by a federal judge has turned Kentucky’s liquor sales environment into a state of confusion. The judge struck down Kentucky laws that prohibit liquor sales in grocery stores and gas stations, calling it unconstitutional. He has since decided to place that ruling  on hold to let Kentucky lawmakers see if they can write a better law.

For the first time, the state has official figures on how much money Kentuckians bet online or over the phone on horse races that take place in the commonwealth. State Senator Damon Thayer says about $47 million was wagered in the first half of the year.

They may not be household names like Jim Beam or Wild Turkey, but Kentucky's craft bourbon distilleries now have their own tourist trail. One of the stops on the list—Corsair Artisan Distillery--is found in downtown Bowling Green.

A Kentucky appeals court on Friday threw out $30 million in verdicts against two drug makers, concluding that there wasn't any evidence to back claims that the pair inflated prescription drug prices to boost profits from Medicaid.

More than a dozen Republican members of Congress—including Kentucky Senator Mitch McConnell-- hope to file a friend-of-the-court brief in Hobby Lobby Stores Inc.'s lawsuit that challenges the federal government's requirement that health insurance cover the morning-after pill.

Valley Truck LLC is investing more than $600,000 in improvements at its facility in Utica, Kentucky. The firm will expand its workforce by a dozen jobs,  as part of the investment.

Preliminary findings from a study commissioned by lawmakers to help find a solution to a rate dispute between two western Kentucky aluminum smelters and a regional utility painted a grim outlook.

Kentucky's long-awaited tax amnesty program will get started next month. The program is part of the two-year budget the General Assembly passed earlier this year. And any person or business who owes back taxes will be allowed to participate.

Dan Modlin / WKU Public Radio

The latest federal data shows the nation's top tobacco companies have reduced spending on advertising and promotion of cigarettes and smokeless tobacco products in recent years. Figures from the Federal Trade Commission show cigarette marketing declined more than five percent to $8.05 billion from 2009 to 2010, the latest year for which figures are available.