City Louisville, state Kentucky Financial News

11.04 / 03:01
Merit Action Election awards President show Woodford Reserve tried to undermine unionization effort at its Kentucky distillery, judge rules
A federal judge has ruled that Woodford Reserve undermined unionization efforts at its Kentucky distillery by awarding pay raises, relaxing its vacation policy and handing out bottles of whiskey to workers before a vote on whether to unionize
10.04 / 19:21
Provident Platform Dreams community President Latin reports LPL lands $300M team in Kentucky
LPL Financial has broadened its network in the Bluegrass State with the addition of three experienced advisors to its broker-dealer, RIA, and custodial platforms. The firm announced Wednesday that Greg Mullaney, Colleen Kelly Abate, and Peter Pagano are transitioning from Ameriprise Financial, where they reported managing approximately $300 million in advisory, brokerage, and retirement plan assets.
01.04 / 12:15
COST Digital Parke Interface innovations reports testing Taco Bell and Pizza Hut are going ‘AI-first,’ Yum’s new tech chief says
Yum Brands has a vision for “AI-powered" fast-food in which artificial intelligence shapes nearly every aspect of how its Taco Bell, Pizza Hut, KFC and Habit Burger Grill restaurants are run. Led by Joe Park, Yum’s new chief digital and technology officer, the fast-food giant has been increasing its investment in technology and automation.
20.03 / 18:37
Progressive Fox Research Inside testing patient symptoms Parkinson’s Disease Can Now Be Detected Through the Skin
Debi Lucas had a tremor in her arm. Her feet froze when she tried to walk and she fell into her coffee table, busting her lip. She went to a neurologist who thought she had Parkinson’s disease.
16.02 / 14:31
COST UPS Manufacturing CEO President Relationships International Ford CEO says company will rethink where it builds vehicles after last year's autoworkers strike
Ford's top executive says that last fall’s contentious United Auto Workers’ strike changed the company's relationship with the union to the point where it will “think carefully” about where it builds future vehicles
24.01 / 04:45
Citi FIVE Man shootings Inside reports Investigations Families sue Kentucky gun shop that sold AR-15 used in bank shooting that killed 5
The Kentucky gun shop that sold the AR-15 used to kill five people at a Louisville bank is facing a lawsuit from survivors and families of the victims
11.01 / 20:51
CEO Racing Bill electronic classical Features Kentucky Derby purse raised to $5 million for 150th race in May
The Kentucky Derby purse has been raised to $5 million for the 150th edition in May
01.12 / 00:42
Target Aware Strategy Mobile Coronavirus pandemic President Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year
29.11 / 22:43
Southern Nov Pride track travelers prevention evacuation Lawsuit alleges negligence in train derailment and chemical fire that forced residents from homes
A lawsuit filed in federal court is alleging negligence by CSX Transportation caused a train derailment and chemical fire that forced residents of a Kentucky town from their homes just before the Thanksgiving holiday
28.11 / 08:19
Provident Progressive Southern track reports travelers evacuation Failed wheel bearing caused Kentucky train derailment but didn't trigger alarms beforehand, CSX says
CSX says a failed wheel bearing on a train car caused a derailment that sparked a chemical fire in a small Kentucky town
14.11 / 12:03
Citi Fox Strategy Mobile Moodys pandemic blues Economist warns big blue cities are seeing 'really distressing' declines
Economist Stephen Moore discusses negative economic trends in Democrat-run cities and Moody's lowering its outlook on the U.S. credit rating.
13.11 / 10:20
Reuters Ford's production workers at Kentucky, Louisville vote against new labor deal
(Reuters) — The United Auto Workers (UAW) production workers at Ford (NYSE:F)'s Louisville assembly and Kentucky truck plants have voted against a proposed four-and-a-half year contract, while the skilled trades workers voted in favor of the deal, the union's local unit said on Facebook (NASDAQ:META).
01.11 / 03:29
IPO Provident Reuters Software WSJ hospital reports Waystar delays IPO until at least December - WSJ
Waystar, which was set to launch its initial public offering (IPO) roadshow to pitch investors this week, has now delayed it until at least December, the Wall Street Journal reported on Tuesday. Reuters reported in August that Louisville, Kentucky-based Waystar was eyeing an IPO that could value the company at as much as $8 billion, including debt. The company will likely wait until 2024, the Journal's report added, citing people familiar with the matter. Waystar did not immediately comment on the report. Waystar, which provides software that helps hospitals and clinics manage their finances, has said it intends to list its common stock on the Nasdaq under the symbol «WAY». The company was formed in 2017 through the merger of Navicure and ZirMed. The company develops payment software helping clients such as large hospital systems with the collection of bills from patients. Waystar made its IPO filing public in October after confidentially filing it in August, joining a wave of new listings that followed a months-long dry spell wrought by high interest rates and fears of a recession. Still, hopes of the new listings — including those of chip designer Arm, and grocery delivery app Instacart — buoying the IPO market were dashed after the stocks fell below their IPO price soon after debut. Earlier this month, Birkenstock's shares ended more than 12% below its IPO price in an underwhelming Wall Street debut that signaled investors remain cautious about new listings. Waystar was valued at $2.7 billion when EQT and CPPIB acquired a majority stake in the company in 2019 from Bain Capital, which stayed on as a minority investor.
25.10 / 04:39
COST Target Ford Bill reports UAW strikes at General Motors plant in Texas as union goes after automakers' cash cows
First it was Ford, then Stellantis, and now a General Motors factory has been added to the growing list of highly profitable plants where the United Auto Workers union is on strike
24.10 / 13:13
Progressive Ford Action Fighting President reports Autoworkers strike at Stellantis plant shutting down big profit center, 41,000 workers now picketing
The United Auto Workers union has once again escalated its strikes against Detroit Three automakers, this time adding a factory that makes Ram pickup trucks for Stellantis
26.09 / 20:47
Manufacturing CEO Align awards Inside social Department A new battery recycling facility will deepen Kentucky's ties to the electric vehicle sector
A recycling facility will be built in Kentucky to shred electric vehicle batteries in a $65 million venture
22.09 / 23:07
COST McDonald's Fox CEO economy McDonald's hikes royalty fees for new US, Canada franchise restaurants
Former McDonald's CEO Jim Skinner analyzes the state of the fast-food industry as the U.S. economy slows on 'The Claman Countdown.'
18.09 / 23:45
FIVE McDonald's DISH Celebrity Inside National National Cheeseburger Day 2023: Where was Cheeseburger invented? Here are 5 crazy facts about the popular dish
National Cheeseburger Day. This delectable occasion has a rich history that dates back to the Roaring 20s, making it a cherished tradition among food lovers. In this article, we will explore the fascinating origin of the cheeseburger and uncover five lesser-known facts about this iconic American dish.
08.09 / 10:43
FIVE Racing Fighting Mobile Duke track Legal sports betting opens to fanfare in Kentucky; governor makes the first wager at Churchill Downs
Kentucky Gov. Andy Beshear has placed a $20 bet to signal that legal sports wagering is off and running in the Bluegrass State
07.09 / 22:33
FIVE Racing Fighting Mobile Duke track Legal sports betting opens to fanfare in Kentucky; governor makes the first wager at Churchill Downs
Kentucky Gov. Andy Beshear has placed a $20 bet to signal that legal sports wagering is off and running in the Bluegrass State

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