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Kentucky

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  • Bourbon production reaches high point since '70s Sunday, 17 Aug 2014 | 10:44 AM ET

    LOUISVILLE, Kentucky— Kentucky bourbon companies are making more booze than they have since the 1970 s, but the high production also holds an inherent risk. To put it in bartenders' lingo: Distillers are putting up the tab for millions of rounds of bourbon years before it's even ordered.

  • Vermont grapples with aging prison facilities Sunday, 17 Aug 2014 | 8:38 AM ET

    The state Department of Buildings and General Services shared data with a legislative committee this past week on the maintenance costs of all eight Vermont correctional facilities and the estimated cost of replacing them.

  • Hemp homecoming: Rebirth sprouts in Kentucky Saturday, 16 Aug 2014 | 11:20 AM ET

    Researchers and farmers are producing the first legal hemp crop in generations in Kentucky, where hemp has turned into a political cause decades after it was banned by the federal government.

  • Husband of UPS pilot sues over deadly crash Friday, 15 Aug 2014 | 8:31 AM ET

    NASHVILLE, Tenn.— The husband of a Tennessee pilot killed when a UPS cargo jet crashed in Alabama has filed suit against the company that made warning equipment used in the aircraft. Bret Tucker Fanning is seeking $2 million in his federal lawsuit filed against Honeywell Aerospace.

  • Ebola puts focus on drugs made in tobacco plants Friday, 15 Aug 2014 | 1:36 AM ET

    NEW YORK— It's an eye-catching angle in the story of an experimental treatment for Ebola: The drug comes from tobacco plants that were turned into living pharmaceutical factories. "It's definitely not something you smoke," said Jean-Luc Martre, a spokesman for Medicago, a Canadian company that's testing flu vaccines made with tobacco plants.

  • Illinois company is latest to test market for carp Thursday, 14 Aug 2014 | 1:07 PM ET

    "The government wants this fish removed in large volumes, and this is the way to do it," said Gray Magee, chief executive of the company, which began processing the carp in April atop a bluff near Grafton, a tiny tourist hamlet perched along the banks where the Mississippi and Illinois rivers meet.

  • Aug 14- U.S. cropland prices in the central Plains and southern Midwest were stable in the second quarter of 2014 compared with the previous quarter even though farm income was lower due to falling crop prices, according to Federal Reserve Bank quarterly surveys issued on Thursday.

  • CHICAGO, Aug 14- The price of quality farmland in the southern U.S. Midwest and Delta region were steady to softer during the second quarter compared to the previous quarter, reflecting lower farm income, the Federal Reserve Bank of St. Louis said on Thursday.

  • Corn, soybean production drop forecast in Kentucky Thursday, 14 Aug 2014 | 4:01 AM ET

    LOUISVILLE, Ky.— A double-digit drop in corn and soybean production by Kentucky farmers is being predicted in a new report. Soybean production for Kentucky is forecast at 67.6 million bushels, a 17 percent drop from 2013.. The predictions are in a report from the National Agricultural Statistics Service's field office in Kentucky.

  • NEW YORK, Aug 13- Emerson Electric Co has tapped Goldman Sachs Group Inc to sell its power transmission solutions business in a deal that could be worth more than $1 billion, people familiar with the matter said. A spokesman did not immediately respond to a request for comment, while Goldman Sachs declined to comment.

  • Prison company pays $260K in lawsuit settlement Wednesday, 13 Aug 2014 | 11:54 AM ET

    LOUISVILLE, Ky.— The largest private prison company in America paid $260,000 to a group of shift supervisors in Kentucky to settle claims that they were denied overtime, according to an agreement unsealed Wednesday.

  • Insurer WellPoint plans name change to Anthem Wednesday, 13 Aug 2014 | 9:09 AM ET

    INDIANAPOLIS— WellPoint, one of the biggest players on the health care overhaul's new insurance exchanges, wants to switch its corporate name back to the Anthem brand its customers know by the end of this year. WellPoint sells coverage using its Anthem name in several states, including California, Kentucky and its home state of Indiana.

  • DETROIT, Aug 12- Heavy rains in southeast Michigan hit the operations of U.S. automakers in the region, including forcing the closure of General Motors Co's technical center outside Detroit. Detroit city officials said Monday night's heavy rainfall was the most rain the city had seen in almost nine decades.

  • DETROIT, Aug 12- Heavy rains in southeast Michigan hit the operations of U.S. automakers in the region, including forcing the closure of General Motors Co's technical center outside Detroit.

  • New natural gas pipeline planned for W.Va., Ohio Tuesday, 12 Aug 2014 | 11:07 AM ET

    CHARLESTON, W.Va.— A company is planning a $1.75 billion project that includes laying 160 miles of natural gas pipeline in West Virginia and Ohio. Columbia Pipeline Group announced the investment in a news release Tuesday.

  • Marvel heroes and villains fight it out _ live Tuesday, 12 Aug 2014 | 10:01 AM ET

    NEW YORK— Marvel Entertainment, which muscled into pop culture with comic books, TV cartoons and movies, is gambling on attracting new fans as it tackles 3- D— but forget the silly glasses. "We pushed ourselves so much on this project to do things that have never been done before," said producer Juliette Feld, who is a Feld Entertainment executive vice president. "

  • Duke also benefited from higher power prices after North Carolina, South Carolina and Florida approved its request to raise rates last year. The company sells power to 7.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky.

  • Aug 6- Alpha Natural Resources Inc reported a smaller-than-expected second-quarter loss as the cost of selling coal in eastern United States declined 6 percent from the first quarter.

  • MOSCOW, Aug 4- Russia's consumer protection watchdog is preparing to suspend imports of "Kentucky Gentleman" bourbon, adding to a growing list of products Russia has banned since the West imposed new sanctions over Moscow's support of rebels in Ukraine.

  • WASHINGTON, July 31- A former executive of Japanese auto parts maker G.S. Electech Inc pleaded guilty on Thursday to conspiring to fix the prices of parts used on anti-lock brakes and was sentenced to 13 months in a U.S. prison, the Justice Department said.