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Humana profit spikes 43% as ACA losses stabilize
Humana reported third-quarter net income of $450 million, up 43 percent from a year earlier, based on strong Medicare Advantage business and a stabilization of Affordable Care Act-related losses....
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Utilities to request rate hike, install smart meters
Louisville Gas and Electric and Kentucky Utilities are making a big push for smart meters in a proposal to spend $2.2 billion on system upgrades. LG&E told IL that the meters would allow consumers...
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Stocks, including many local ones, rally ahead of Election Day
A broad stock market rally on Monday pushed higher all stocks of local interest tracked by Insider Louisville, with about two-thirds of them gaining as much or more than the S.&P. 500, which jumped...
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Colder winter, higher natural gas prices to push up heating bills
A colder winter and higher natural gas prices will push up Louisville area residential consumers’ heating bills by about $6 to $12 per month. The U.S. Department of Energy and local utilities said that...
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Kindred shares plunge on $685M Q3 loss
Kindred shares were getting hammered Tuesday after the hospital and rehab center operator said Monday night that it lost $685 million in the third quarter. Shares were down about 27 percent in...
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A postelection forecast: U.S. GDP to grow 2.3 percent in 2017
The election of Donald J. Trump as U.S. president elicited some late-night and early-morning jitters among global investors, but an economist told IL that regardless of the White House occupant, the...
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PharMerica shares rise on positive outlook
PharMerica’s shares rose sharply Wednesday after the company reported significantly higher third-quarter profit on slightly higher sales. CEO Greg Weishar said he expected a better fourth quarter and a...
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Local businesses compete in UPS X-PORT Challenge
On Thursday, 10 small regional businesses, including four from Louisville, competed in a “Shark Tank”-style competition for the chance to win up to $10,000 in export shipping from UPS. The competition,...
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Kindred shares jump on $700M deal to buy and sell nursing homes
Shares of Louisville-based hospital and nursing home operator Kindred Healthcare rose sharply Monday morning after the company announced a $700 million deal to buy and then sell 36 skilled nursing...
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UofL professor: Trump’s election puts future of ‘Obamacare’ in doubt
President-elect Donald J. Trump will have a tough time repealing the Affordable Care Act — but he and the Republican-led Congress can remove critical parts of the law that could contribute to its...
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GE Appliances, union reach contract proposal
GE Appliances and union leaders have reached a new four-year contract proposal that would retain wages, vacation perks and some benefits for current employees — but would cut starting wages for...
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Trump takes credit for saving Kentucky jobs at nonexistent Ford plant
President-elect Donald J. Trump last night on Twitter appeared to take credit for saving jobs that were not in jeopardy at a Kentucky plant that does not exist. Trump tweeted late Thursday that he...
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New nutrition, pain management program at Norton reduces hospital stays
Hours after a major bowel surgery, Louisville resident Bettie Hart walked the hallways of Norton Audubon Hospital. Three days after surgery, she walked out of the hospital — about five days before...
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Union leaders expect close vote today on GE Appliances contract proposal
Union leaders say they expect a close result Tuesday, when about 4,000 eligible GE Appliances workers vote on a new contract proposal that would keep wages for current employees steady — but would...
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GE Appliances workers reject new contract proposal
GE Appliances workers Tuesday night rejected a new four-year contract over concerns about frozen wages, lower starting pay for incoming employees and changing work practices that disadvantage older...
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Get ready for bridge tolls
If you’re not among the 70,000 people who have ordered RiverLink transponders, now is the time to do it — unless you want to dig deeper into your pocket when you cross most of the Ohio River bridges....
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Humana, Aetna, Feds dig in as antitrust trial nears
In pretrial documents, Aetna and Humana contend that the federal government’s lawsuit to block the companies’ proposed merger relies on faulty economic modeling that belies “real-world facts.” The...
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Meet Smart Louisville, the city’s new initiative to get you the info you need...
Hey Siri, when’s trash pickup day in East Louisville? OK Google, who is Louisville’s metro council president? Alexa, what’s the air quality in downtown Louisville today? Those are the types of...
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As Aetna-Humana trial begins, a look at what’s driving health insurance mergers
Regardless of how Aetna and Humana fare in their trial against the U.S. Department of Justice, they will continue to face industry pressures toward consolidation, a University of Louisville professor...
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Genomics company unveils ‘revolutionary’ DNA maker
The Louisville-based unit of a European bioanalytical testing company has spent millions of dollars to create a big industrial machine that makes the tiniest of biological building blocks. Eurofins...
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