CafePress unveils new $2.5 million world HQ in Louisville
On a digital map in the new world headquarters of CafePress, images of just-sold products flash in the top right corner, while colorful lights blink to signal national sales hotspots. White lights on...
View ArticleAttorney: Humana and Aetna likely to get merger approval
The merger between Aetna and Humana is likely go through, and if antitrust regulators sue to block the deal, they would face a tough legal battle, an antitrust attorney and former hospital executive...
View ArticleReport: Feds about to block Aetna-Humana merger
Updated at 5:45 p.m. with Aetna comment, UofL professor’s analysis of industry dynamics. The U.S. Department of Justice is getting ready to file lawsuits to stop Aetna from buying Humana, according to...
View ArticleHumana shares jump 3 percent
Humana shares rose more than 3 percent today, recording the first significant gain in five days as media reported the insurer’s merger partner, Aetna, said it would fight antitrust officials in court...
View ArticleThe Birdman of Ford’s Louisville Assembly Plant
Ford Motor Co. employee Larry Melcher uses steel tools and a strong grip to fix pipes and other industrial equipment in the Louisville Assembly Plant’s paint department, which helps produce big sport...
View ArticleFeds file suits to block Aetna-Humana, Anthem-Cigna mergers
Updated at 1:15 p.m. with info from press conference, lawsuit and statement from Aetna. Federal regulators filed a lawsuit today to block Aetna from acquiring Humana, because they allege the merger...
View ArticleHumana shares spike on higher earnings outlook
Humana shares surged more than 8 percent Thursday after the insurer said it expects to book more profit this year than previously projected. But the insurer also reported continued struggles with...
View ArticleNew nonstop air service from Louisville to Raleigh, N.C., Kansas City
A small business jet company in October will begin offering service from Louisville to Raleigh, N.C., and Kansas City in a move that city officials hope will spur economic development. OneJet announced...
View ArticleA behind-the-scenes look at the feds’ case against Aetna-Humana
Let the duel begin. Federal regulators threw down the gauntlet last week to indicate they’re intent on fighting Aetna’s proposed acquisition of rival insurer Humana. But the companies didn’t blink,...
View ArticleCity, schools working on $100 million effort to provide free college to...
Mayor Greg Fischer and local education leaders are weighing an estimated $100 million participation in a scholarship fund to provide tuition-free college options to all local high school graduates —...
View ArticleSettlement agreement will remove Kosair name from children’s hospital
Kosair Charities and Norton Healthcare have reached a settlement that will end their two-year-old lawsuit, their decades-long relationship and will remove the “Kosair” name from the local children’s...
View ArticleAnalysis: Jefferson County economy outperforms state, nation
Jefferson County’s economy is outperforming much of the state and nation, according to an analysis by a personal finance company. SmartAsset ranked the Louisville area fourth in the state (up from 19th...
View ArticleHumana sues to recover millions from drug testing company
Updated at 2:37 p.m. with Ameritox comments. Humana alleges in a lawsuit that a drug testing company has received millions of dollars from the insurer through claims that were fraudulent. Humana said...
View ArticleAetna, Humana announce asset sale to quell feds’ antitrust concerns
Health insurers Aetna and Humana plan to sell $117 million worth of assets to a small competitor to help quell federal regulators’ concerns that their proposed merger would severely reduce competition....
View ArticleAetna to lose $300 million on Obamacare business, pulls back on exchanges
Aetna is changing its mind on Obamacare — now that it is projecting it will lose $300 million on health exchanges this year. The health insurer’s CEO, Mark Bertolini, said today that the company has...
View ArticleHumana posts profit decline on bigger Obamacare woes
Updated with detailed segment results, stock price. Humana on Wednesday reported that second-quarter profits fell 20 percent as the insurer said it expects to lose $208 million more on its Obamacare...
View ArticleGet ready to pay more for health insurance in Kentucky
Get ready to pay more for health insurance. The Kentucky Department of Insurance has approved health insurance rate hikes of up to 47 percent for individuals and up to nearly 13 percent for small...
View ArticleFord recalls 830,000 vehicles because of faulty door latch
Ford Motor Co. has recalled 830,000 vehicles, including 315,000 made in Louisville, because a faulty door latch may cause doors to open during driving. The automaker said today that it has identified...
View ArticleStudy: Soccer stadium could cost up to $50 million
A 10,000-seat soccer stadium in Louisville could cost between $30 million and $50 million, according to a city-funded study released Thursday evening. Louisville City FC, which plays at Slugger Field,...
View ArticleE-commerce growth fueling conveyor maker’s expansion
Consumers’ growing interest in online shopping and faster shipping are prompting a Louisville manufacturer of conveyors and sorting equipment to expand its local operations. Santa Rosa Systems, which...
View Article