Yum Brands Earnings Report Shows Damage From Taco Bell Lawsuit

Fast-food restaurant operator Yum Brands Inc. says its U.S. business remains in the doldrums as its Taco Bell brand tries to recover from publicity surrounding a dropped lawsuit over the beef content of its taco filling. Yum Chief Financial Officer Rick Carucci told industry analysts Thursday that the company is bracing for another double-digit drop in operating profit in […]

Woodward to Speak at Kentucky Chamber Event

Legendary journalist Bob Woodward of the Washington Post will be the keynote speaker at the Kentucky Chamber’s annual meeting in Louisville next week. He replaces MSNBC hosts Joe Scarborough and Mika Brzezinski, who cancelled their appearance at the last minute. Woodward has written a number of books about politics and American presidents, but he is […]

36 Courier Employees Reportedly Cut in Nationwide Gannett Layoffs UPDATE: Now 50 Jobs

For the updated story, click here. Several employees at the Louisville Courier-Journal are being laid off as part of a nationwide two percent staff reduction by parent company Gannett. In the largest round of layoffs since 2009, Gannett will cut 700 employees from newspapers across the country. The Gannett Blog is reporting confirmation that 36 […]

Carmichael’s Partners with American Booksellers Association to Sell Google E-books.

Carmichael’s Bookstore, one of the leading independent booksellers in Louisville, has recently begun selling e-books through their website through a partnership with Google and the American Booksellers Association. More than 250 booksellers nationwide are using the system, which allows independent bookstores to make money from e-books, a market previously reserved for giants like Amazon and […]

UnitedHealth to “Pursue All Available Options” to Challenge Humana Tricare Award

After a contentious two year dispute, Louisville insurance giant Humana will retain a lucrative military contract. Humana held the military’s Tricare contract for years. It allows the company to provide insurance for active and retired members of the armed services and their families throughout the south. Humana lost the contract to Minnesota-based UnitedHealth in 2009, […]

Humana Wins Another Round in Tricare Dispute

The U.S. Government Accountability Office has ruled against Minnesota-based UnitedHealth in a protest over the awarding of the lucrative Tricare military contract. Humana previously held the contract, which allows the company to provide insurance and benefits to military members, retirees and their families in the south. Humana lost a renewal bid to UnitedHealth in 2009, […]

Production Increases at Georgetown Toyota Plant

This year’s earthquake and tsunami in Japan caused a parts shortage that led to diminished production at Toyota Motor Company’s 13 American plants. It also damaged the automaker’s sales. And now, Toyota is now preparing to increase production and competition. The Toyota plant in Georgetown, Kentucky was more active during the parts shortage than most other […]

Realtors Hoping for Slight Boost in Sales for Summer

Since the recession began, the housing market in Louisville and nationwide has fluctuated significantly from month to month. But local realtors are hoping for a boost in sales this summer. Greater Louisville Association of Realtors president Lamont Breland says warm weather, low interest rates and dropping unemployment can all boost sales, though he’s not expecting […]

Gannett, Fifth Third Among Worst-Performing Stocks

CNN Money has listed the worst-performing Fortune 500 stocks for the last decade. The top spots went to Fannie Mae, Freddie Mac, investment banks and other companies that are blamed for leading into the recession. At the end of the list, though, at number 18, is media giant Gannett, a victim of the recession. The […]