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Top News & Analysis Kentucky

  • LOS ANGELES, Nov 15- Ford Motor Co is moving ahead with plans to shift production of small cars to Mexico from Michigan, while "two very important products" will be built in its U.S. factories, Chief Executive Officer Mark Fields told Reuters on Tuesday. President-elect Donald Trump has criticized Ford for the decision to shift production of Focus small cars to...

  • WASHINGTON, Nov 15- President-elect Donald Trump jettisoned a respected national security expert from his transition team on Tuesday in a sign that he may be settling on loyalists such as former New York City Mayor Rudy Giuliani and conservative hard-liners like former U.N. Mike Rogers, a former U.S. congressman from Michigan who had been mentioned as a...

  • LOS ANGELES, Nov 15- Ford Motor Co is moving ahead with plans to shift production of small cars to Mexico from Michigan, while "two very important products" will be built in its U.S. factories, Chief Executive Officer Mark Fields told Reuters on Tuesday. "We're going forward with our plan to move production of the Ford Focus to Mexico, and importantly that's to make room...

  • CHICAGO, Nov 14- Air maintenance workers at United Parcel Service Inc have voted overwhelmingly to authorize a strike against the world's largest package delivery company as contract talks remained deadlocked over health-care benefits, the workers' union said on Monday. Teamsters Local 2727 said 98 percent of those who took part in a mail-in ballot voted to...

  • CHICAGO, Nov 14- Air maintenance workers at United Parcel Service Inc have voted overwhelmingly to authorize a strike against the world's largest package delivery company as contract talks remained deadlocked over health-care benefits, the workers' union said on Monday. Teamsters Local 2727 said 98 percent of those who took part in a mail-in ballot voted to...

  • MEXICO CITY, Nov 8- Mexico's peso whipsawed in after-session trading on Tuesday, but remained at two-and-a-half-month highs on bets that U.S. Polls favor Clinton over Trump, who has threatened to rip up a free-trade deal with Mexico and tax money sent home by migrants in order to build a wall on the southern U.S. border. After rallying nearly 1.4 percent on Tuesday,...

  • TOKYO, Nov 9- The dollar retreated on Wednesday as brief gains gave way to anxiety after early exit polls in the U.S. presidential election showed the final outcome was too close to call. Republican Donald Trump and Democrat Hillary Clinton scored early victories on Tuesday in their bitter presidential race, with Trump winning as expected in conservative...

  • MEXICO CITY, Nov 8- Mexico's peso weakened in after-session trading on Tuesday, but remained at around two-month highs on bets that U.S. Polls were favoring Clinton over Trump, who has threatened to rip up a free-trade deal with Mexico and tax money sent home by migrants in order to build a wall on the southern U.S. border. In the run-up to the election, Mexico's peso...

  • The regulated utilities unit serves Florida, Ohio, Kentucky, Tennessee, Indiana and North and South Carolina in the Southeastern and Midwest regions of the United States. The company, which has been cutting its exposure to volatile power prices in wholesale markets, agreed in October to sell its businesses in Brazil, Peru, Chile, Ecuador, Guatemala, El Salvador and...

  • WASHINGTON, Nov 4- Republican presidential nominee Donald Trump has won over the U.S. coal industry by promising to revive the downtrodden sector and scrap regulations if elected. But the industry has a Plan B if the New York businessman loses to his more green-minded Democratic rival Hillary Clinton on Tuesday: carbon capture and storage, a technology that...

  • WASHINGTON, Nov 3- The number of Americans filing for unemployment benefits rose to near a three-month high last week, but remained below a level associated with a strong labor market. Initial claims for state unemployment benefits increased 7,000 to a seasonally adjusted 265,000 for the week ended Oct. 29, the highest level since early August, the Labor...

  • DETROIT, Oct 27- Ford Motor Co said on Thursday it will idle the Wayne, Michigan factory an extra two weeks by the end of the year, adjusting to light demand for the Focus compact and C-Max hybrid cars made there. The Michigan Assembly Plant in Wayne is the same factory Republican presidential nominee Donald Trump pointed to when he blasted Ford for moving U.S. jobs to...

  • NEW YORK, Oct 26- The credit quality of U.S. states is dropping as a result of flagging revenue growth, even as the national economy continues to expand, according to a report due on Wednesday from global investment management firm Conning Inc.. "The biggest driving factor is the reversal in state revenue growth that we've seen over the last six months," Managing...

  • *Deal brings together Newport, Kent and Pall Mall brands. LONDON, Oct 21- British American Tobacco has offered to buy U.S. tobacco company Reynolds American Inc in a $47 billion deal that would bring together Newport, Kent and Pall Mall cigarettes in the world's biggest listed tobacco company. The British group, which has a 42 percent stake in Reynolds, said its offer...

  • LONDON, Oct 21- British American Tobacco has offered to buy U.S. tobacco company Reynolds American Inc in a $47 billion deal that would bring together Newport, Kent and Pall Mall cigarettes in the world's biggest listed tobacco company. The British group, which has a 42 percent stake in Reynolds, said its offer valued the company's shares at $56.50, of which $24.13...

  • LONDON, Oct 21- British American Tobacco has offered to buy U.S. tobacco company Reynolds American Inc in a $47 billion deal bringing together Newport, Kent and Pall Mall cigarettes to create the U.S. market leader. The British group, which has a 42 percent stake in Reynolds, said its offer valued the company's shares at $56.50, of which $24.13 would be in cash and...

  • WASHINGTON, Oct 20- U.S. home resales surged in September after two straight months of declines as first-time buyers stepped into the market, pointing to underlying momentum in the economy. That's important because the jobs and housing markets are going to be critical to supporting growth in 2017, "said Ryan Sweet, senior economist at Moody's Analytics in West...

  • WASHINGTON, Oct 20- The number of Americans filing for unemployment benefits rose more than expected last week, but remained below a level that is associated with a strong labor market. Initial claims for state unemployment benefits increased 13,000 to a seasonally adjusted 260,000 for the week ended Oct. 15, the Labor Department said on Thursday.

  • Initial claims for state unemployment benefits increased 13,000 to a seasonally adjusted 260,000 for the week ended Oct. 15, the Labor Department said on Thursday. Outside the storm-affected states, there were big increases in unadjusted claims for Michigan, Kentucky and California. A Labor Department analyst said there were no special factors influencing...

  • DETROIT, Oct 17- In a fresh sign of pressure on U.S. automakers, Ford Motor Co on Monday said it will shut down production of its best-selling F-150 pickup truck for a week at a Kansas City assembly plant, and temporarily idle three other plants over the next several weeks. Ford dealers had a heavy 95 days' supply of the pickups on their lots at the end of September,...