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Top News & Analysis Kentucky

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  • Senate Majority Leader Mitch McConnell, R- Ky., said he would give Democrats more time, but added he intends to push forward with the bill even if it means keeping the Senate in session over the weekend. Charles Schumer of New York, the No. 3 Democratic leader, said, "I can't remember a time where I have been asked in all my years in the Congress to vote yes ahead of time on a...

  • July 21- Printer maker Lexmark International Inc forecast third-quarter profit well below Wall Street's estimates and said it would cut about 500 jobs as it absorbs recently acquired businesses. Lexmark said the restructuring is expected to generate $2 million savings in 2015 and annualized savings of $65 million beginning in 2017..

  • UPDATE 1-Printer maker Lexmark to cut 500 jobs Tuesday, 21 Jul 2015 | 7:29 AM ET

    July 21- Printer maker Lexmark International Inc said it would cut 500 jobs, or about 4 percent of its global workforce, as the company integrates its recently acquired businesses and tries to soften the impact of a strong dollar. Lexmark swung to a quarterly loss in the second quarter ended June 30, hurt by an 11 percent decline in revenue in its imaging solutions...

  • Lexmark reports 2Q loss Tuesday, 21 Jul 2015 | 6:48 AM ET

    LEXINGTON, Ky. _ Lexmark International Inc. on Tuesday reported a second-quarter loss of $36.3 million, after reporting a profit in the same period a year earlier. For the current quarter ending in September, Lexmark expects its per-share earnings to range from 51 cents to 61 cents. Lexmark shares have increased 15 percent since the beginning of the year.

  • This table contains projected and actual enrollment figures for the newly eligible Medicaid population in the 30 states and the District of Columbia that have opted to expand the program under the federal Affordable Care Act. Where available, it also provides the estimated and revised cost of paying for the program during the 2017 fiscal year, when states...

  • ATLANTA— More than a dozen states that opted to expand Medicaid under the Affordable Care Act have seen enrollments surge way beyond projections, raising concerns that the added costs will strain their budgets when federal aid is scaled back starting in two years. That's greater than what was initially predicted through 2021. As a result, the state revised its...

  • Republic Bancorp posts 2Q profit Friday, 17 Jul 2015 | 8:15 AM ET

    LOUISVILLE, Ky. _ Republic Bancorp Inc. on Friday reported second-quarter earnings of $8.3 million. Republic Bancorp shares have climbed 6.5 percent since the beginning of the year. Keywords: Republic Bancorp, Earnings Report.

  • July 3- Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. Antitrust authorities, who were aggressive in...

  • July 2- U.S health insurer Aetna Inc is nearing an agreement to buy rival Humana Inc for about $34 billion in a cash and stock deal, people familiar with the matter told Reuters on Thursday. One person said Aetna's offer would value Humana at about $230 per share and that a deal could be announced as early as Friday. A $230 per share offer would be at a premium of nearly...

  • 36. Kentucky (Tie) Wednesday, 24 Jun 2015 | 4:22 PM ET
    Top States 2015: Kentucky

    The Bluegrass State offers low costs for businesses and residents but slim pickings when it comes to skilled workers.

  • BOSTON, June 19- Billionaire investor Carl Icahn said thanks but no thanks when real estate mogul turned Republican presidential candidate Donald Trump floated his name for U.S. "I am flattered but do not get up early enough in the morning to accept this opportunity," Icahn, 79, said in a public statement one day after Trump, 69, told cable station MSNBC that Icahn...

  • WASHINGTON, June 17- Republican U.S. presidential candidate Rand Paul is proposing that businesses and individual Americans pay a federal flat tax of 14.5 percent in a plan that would cut the government's tax revenue by more than $2 trillion over 10 years. The Kentucky senator's plan, which he describes in a Wall Street Journal's opinion piece being published...

  • NEW YORK, June 10- Significantly more Americans are using electronic-cigarettes and other vaporizing devices than a year ago, but most of those consumers are also smoking conventional cigarettes, according to a new Reuters/ Ipsos poll. The findings support evidence that smokers are using both traditional tobacco products and e-cigarettes to deliver...

  • NEW YORK, June 10- Significantly more Americans are using electronic-cigarettes and other vaporizing devices than a year ago, but most of those consumers are also smoking conventional cigarettes, according to a new Reuters/ Ipsos poll. The findings support evidence that smokers are using both traditional tobacco products and e-cigarettes to deliver...

  • The Consumer Financial Protection Bureau has been flagging its concerns about overdraft practices since 2012 and said in July that it would address the issue with new regulations. The data shows that lenders including Atlanta- based SunTrust Banks Inc and Birmingham-based Regions Financial Corp could be hit if, as analysts expect, the CFPB caps fees and...

  • American Pharoah owner: Win huge for industry Monday, 8 Jun 2015 | 5:21 PM ET
    Jockey Victor Espinoza, owner Ahmed Zayat and trainer Bob Baffert (left to right), celebrate with the Belmont Stakes and Triple Crown Trophies after American Pharoah won the 147th running of the Belmont on June 6, 2015, in Elmont, New York.

    Justin Zayat, racing manager of Zayat Stables, said Monday that his family's victory is a good sign for the entire horse racing industry.

  • NEW YORK, June 8- A study released on Monday found that the 50 priciest U.S. hospitals charged some patients more than 1,000 percent of what Medicare considers the cost of procedures. North Okaloosa Medical Center 1,260%. Paul B Hall Regional Medical Center 1,250%.

  • Those pathbreakers include John Goodlett, a NASA engineer who worked on the Mars Viking landers and Catherine Langley, the first Kentucky woman to serve in the U.S. Congress. All hailed from the coal producing counties of eastern Kentucky, now grappling with the industry's decline. Kentucky hopes to lay the foundation for that kind of economy in August, when...

  • NEW YORK, June 4- A Kentucky businessman was sentenced on Thursday to 12 years in federal prison for a series of massive frauds, including a $53 million tax scheme, the bribing of bank officials and the defrauding of bank and insurance regulators. District Judge Naomi Reice Buchwald in New York said Huff had a "staggering" history of wrongdoing that began in the 1990...

  • Go abroad to invest in Kentucky bourbon Thursday, 4 Jun 2015 | 9:25 AM ET
    Knob Creek Bourbon

    That staple of Americana, bourbon, is drawing big interest from overseas investors.