Business

Consumer Protection
6:32 am
Mon July 16, 2012

Utility Bail Out Scheme Drawing Concerns

Business and government leaders say some utility customers in Kentucky have been contacted regarding a phony scheme designed to steal the Social Security numbers of those who participate. Attorney General Jack Conway says victims are told that a new federal bail-out program will pay their utility bills for them, but no such program exists. Conway says the people behind the fraudulent activity are giving out false bank routing numbers in an attempt to get personal information from their victims.

Business
10:34 am
Tue July 10, 2012

Kentucky Operations to Continue as Coal Company Files Bankruptcy

Patriot Coal Corporation filed for Chapter 11 bankruptcy this week as it deals with reduced demand for coal and rising costs. Patriot has three operations in Henderson and Union counties in western Kentucky.

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Business
7:31 am
Fri July 6, 2012

Thirty-Seven Thousand Kentucky Businesses Failed to Meet Filing Deadline

Secretary of State Grimes
Ky Sec. of State's Office

State officials in Kentucky say more than 150,000 businesses in the state met the July 2nd deadline for filing annual report information with the Secretary of State's office. However, 37,000 didn't meet the deadline and are now listed as no longer "in good standing."  Those who failed to file in time still have sixty days to take care of the report.

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Business
7:35 am
Wed July 4, 2012

Better Business Bureau Questions "Soldier Relief Fund"

The Better Business Bureau says an organization identifying itself as the "Soldier Relief Fund" has been contacting some local businesses, asking for donations to sponsor a soldier for a one hundred dollar phone card. The consumer protection group says the founder  of the fund was charged with fraud last year in connection with a charity scam in Indiana.

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Business
1:40 pm
Tue July 3, 2012

No Downturn Seen in Kentucky's Bourbon Production

The Four Roses distillery in Lawrencburg, Ky
Kevin Willis

The bad national economy hasn't put a dent in one of Kentucky's signature exports. In fact, bourbon production has increased 115% over the past 13 years, according to Eric Gregory, president of the Kentucky Distillers Association.

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Business
12:42 pm
Mon July 2, 2012

Auto Industry Incentive Bill Signed

Kentucky Governor Steve Beshear has signed a bill into law that’s designed to spur investments in the state’s automotive and parts manufacturing facilities. The bill amends the 2007 Kentucky Jobs Retention Act to allow manufacturers involved in the auto industry to request incentives, regardless of their location in the state.

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Business
12:23 pm
Mon July 2, 2012

Amazon Looking to Fill 1,500 Jobs in Middle Tennessee

Online retailer Amazon is now taking applications for about 15-hundred jobs at its new fulfillment centers in Lebanon and Murfreesboro.  Tennessee Career Center locations throughout Middle Tennessee are holding initial screenings and scheduling interviews through July 13th.

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Business
9:07 am
Thu June 28, 2012

Daviess-Hancock-McLean Region Credited for Business Diversification

The Owensboro region is on a list for the top areas for job growth in the nation. The Owensboro metropolitan statistical area ranked 25th on a list compiled by Area Development magazine.

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Business
11:09 am
Wed June 27, 2012

Fiat Expansion in Tennessee to Add Hundreds of New Jobs

A southern Tennessee county is poised to gain up to 800 new jobs when a subsidiary of Fiat expands its auto supply plant. The nearly $54 million expansion of the Magneti Marelli plant in Giles County will provide a major boost to manufacturing jobs throughout the region.

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Business
3:41 pm
Tue June 26, 2012

Henderson Horse Track Could Have Instant Racing by September

The owner of Ellis Park in Henderson says he hopes to expand the horse track’s gambling options by Labor Day. Ron Geary wants to move ahead with plans to install instant racing machines, despite an ongoing lawsuit over the legality of those games in Kentucky.

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