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Top News & Analysis Kentucky

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  • HAZARD, Ky.— In the 1970 s, as the oil crisis spurred an increase in mining, Victor Justice taught people in eastern Kentucky how to mine coal. Kentucky will own the network, which will begin in eastern Kentucky but eventually reach into all of the state's 120 counties. But the Australian-based investment firm Macquarie Group and its partners will build the network...

  • NEW YORK, Aug 31- A college librarian in Kentucky has found the 19th- century manuscript of a musical number that gave rise to one of the most widely performed songs in the world, "Happy Birthday to You," University of Louisville officials said on Monday. The discovery will likely intensify interest in a high-profile U.S. court case over whether Warner Music Group has...

  • CINCINNATI— The new leader of the Frisch's Restaurants chain wants to flex Big Boy's brand muscle with franchise expansion, new restaurant shapes and sizes, menu and beverage additions, and doing more to court younger customers. Atlanta- based NRD Capital has taken over after shareholder approval last week of its $175 million acquisition that ended family...

  • Oregon hemp farmer says startup going slow Saturday, 29 Aug 2015 | 11:39 AM ET

    Harvesting machinery is expensive, and there is no plant in Oregon to process the plants into fiber, seed and oil. This is the first year Oregon farmers can grow hemp, following the Legislature's approval in 2009. Growing hemp without a federal permit was banned in 1970 due to its classification as a controlled substance and relation to marijuana.

  • MOREHEAD, Ky.— Clerk who denied same-sex marriage license temporarily shuts office for "computer upgrades".

  • Bimbo Bakeries recalls bread sold in 11 states Wednesday, 26 Aug 2015 | 6:44 PM ET

    NEW YORK— The maker of Sara Lee, Nature's Harvest and other brands is recalling about 48,000 packages of bread sold in 11 states because they may contain fragments of glass from a broken light bulb at a company factory. The recall covers seven different Sara Lee products, two each sold under the Nature's Harvest and Great Value brands, and one each for the Kroger,...

  • Brown-Forman posts higher 1st-quarter profit Wednesday, 26 Aug 2015 | 7:57 AM ET

    LOUISVILLE, Ky.— Brown-Forman Corp., the producer of Jack Daniel's Tennessee Whiskey, said Wednesday that its first-quarter net income rose 4 percent, driven by sales growth across much of its spirits lineup to overcome a negative impact from foreign exchange. "Despite a volatile global economy, adverse foreign exchange and increasing competitive intensity,...

  • *Copper jumped more than 2 pct on Tuesday. LONDON, Aug 26- Copper fell by 2.5 percent on Wednesday, wiping out the previous session's gains, on concern that Beijing's interest rate cuts might not be enough to avert a China- led slowdown in the global economy. "When investor sentiment is as poor as it is, prices can always go lower; but the reaction is overdone. premiums in...

  • MANILA, Aug 26- London copper futures retreated on Wednesday after gaining more than 2 percent overnight as worries persisted over the outlook for demand in top consumer China despite its latest step to boost a slowing economy. *The most-traded October copper contract on the Shanghai Futures Exchange rose 1.7 percent to 39,200 yuan a tonne, off a peak of 39,600...

  • Budget report sees shrinking deficits, but only for now Tuesday, 25 Aug 2015 | 10:03 AM ET

    WASHINGTON— Providing political ammunition to both parties, Congress' official budget analyst projected Tuesday that this year's federal deficit will drop to $426 billion, the lowest shortfall of Barack Obama's presidency. The Republican-led Congress has approved a blueprint that uses spending curbs on Medicare, Medicaid and other programs to claim a...

  • LAS VEGAS, Aug 24- President Barack Obama on Monday expanded his push for greater renewable energy adoption, announcing fresh financial incentives for solar power development and use. The steps include an additional $1 billion in loan guarantees for new research projects and near-term savings for homeowners using renewable energy. The moves are part of...

  • LOUISVILLE, Ky.— Spirits company Beam Suntory has won another round in fighting off lawsuits accusing its classic Kentucky bourbon brands of false advertising for claiming the products are handcrafted.'. In the company's latest victory, a federal judge in California dismissed a suit aimed at whiskey giant Jim Beam. Plaintiff Scott Welk said he was enticed into...

  • LOUISVILLE, Ky.— A suburban city near Louisville has filed for bankruptcy, crippled by an $11.4 million jury verdict in a dispute over land and money with a truck-driving school. That's nearly four times the budget for Hillview, a town of about 9,000 people south of Louisville. City Attorney Tammy Baker said Friday that it stops interest from being applied to the...

  • LOUISVILLE, Ky.— A suburban city near Louisville has filed for bankruptcy, crippled by an $11.4 million jury verdict— nearly four times the city's budget— in a dispute over land and money with a truck-driving school. Hillview, a town of about 9,000 people south of Louisville, entered its Chapter 9 bankruptcy filing Thursday in federal court. It stops interest from...

  • NASHVILLE, Tenn.— A white whiskey named after a legendary Tennessee moonshiner is introducing a new bottle after a legal dispute over similarities to Jack Daniel's shape and design. A subsidiary of Brown-Forman Corp. of Louisville, Kentucky, filed a federal lawsuit in 2013 claiming that the Popcorn Sutton bottling and labelling were "confusingly similar" and...

  • NEW YORK, Aug 20- A former president of a failed New York bank was sentenced to 2-1/ 2 years in prison on Thursday after becoming the first person to be convicted for trying to defraud the U.S. government bailout program established during the financial crisis. Charles Antonucci, Park Avenue Bank's former president, was ordered to serve prison time by U.S.

  • District Judge Naomi Reice Buchwald sentenced Charles Antonucci Sr. in Manhattan, where he was president of The Park Avenue Bank before his arrest in a fraud prosecutors said included bank bribery, self-dealing, embezzlement of bank funds and a failed effort to fraudulently get more than $11 million worth of taxpayer rescue funds from the Troubled Asset...

  • Court: Producers responsible for paying natural gas taxes Thursday, 20 Aug 2015 | 12:25 PM ET

    LOUISVILLE, Ky.— Natural gas producers in Kentucky shoulder all the responsibility for paying severance taxes on the fuel and cannot shift some of the tax burden to landowners, the state's Supreme Court said in a divided ruling Thursday. The ruling came in a dispute between an eastern Kentucky landowner and EQT Production Co., a natural gas producer.

  • 300 workers at Verso Paper mill in Jay to be laid off Thursday, 20 Aug 2015 | 10:38 AM ET

    JAY, Maine— Verso Paper Corp. will significantly scale back production in Maine, costing 300 jobs at its mill in Jay, officials with the Tennessee- based company Thursday. Verso said it will shut down a pulp dryer and paper machine at the Androscoggin Mill in Jay, citing declining demand for coated paper as well as Maine's high energy costs and local property taxes.

  • FRANKFORT, Ky.— A self-described middleman in an alleged bourbon theft ring in Kentucky says he bought barrels of whiskey from the accused ringleader and arranged more purchases. In court records, Dustin Adkins says Gilbert "Toby" Curtsinger sold cases of Pappy Van Winkle bourbon. Defense attorney Whitney True Lawson says releasing such documents jeopardizes...