Papa John’s shares plunge as Q1 profit falls 41 percent
Papa John’s shares plunged more than 10 percent in early market trading after reporting Tuesday evening that same-store sales in North America declined 5.3 percent in the first quarter. Total revenue,...
View ArticleParts shortage prompts Ford to shut down Super Duty production in Louisville
Ford Motor Co. has halted production of the Super Duty at Kentucky Truck Plant because a fire and explosions at a plant in Michigan have disrupted the supply of a critical component. A union official...
View ArticleSchool board likely to wait until May 29 for action on proposed takeover
The Jefferson County Board of Education likely will wait until its May 29 meeting to make a decision on whether to challenge the state’s planned takeover of Jefferson County Public Schools. While three...
View ArticleJewish, St. Mary woes continue; $41M loss through Q3
The earnings struggles of Catholic Health Initiative’s Louisville operations are continuing. Jewish Hospital and St. Mary’s Healthcare recorded an operating loss of $41.1 million in the first nine...
View ArticleNew tests scores show JCPS remains average — but racial gaps widening
The latest round of academic tests shows that local fourth- and eighth-graders perform about average in math and reading compared to their peers in other large cities. However, scores dipped for many...
View ArticleVice chair of state education board expects JCPS takeover challenge
The vice chair of the Kentucky Board of Education expects JCPS to challenge the state takeover and to “present a strong case” for keeping its independence. “I can’t say whether state management of the...
View ArticleHealth care CEOs: Louisville must be more open to failures
Four health care CEOs in Louisville urged the community to become more accepting of risk takers — and their failures — because they will drive innovation, which will be critical to solving the nation’s...
View ArticleJCPS would face uphill battle if it challenged state takeover
The Jefferson County Board of Education has to decide by May 30 whether to fight a state takeover of the school district, but winning such a challenge would be unprecedented. In the last 20 years,...
View ArticleFBI: Hoax threats against schools can land you in prison
The FBI is warning that people who post hoax threats against schools and other public places may face felony charges, stiff fines and up to five years in prison. The agency began a public education...
View ArticleMonday Business Briefing: The economic outlook edition
Welcome to the May 28 Monday Business Briefing, your business intelligence digest from Insider Louisville. This week, we examine some key economic indicators. More new companies, fewer new jobs The...
View ArticleBrown-Forman CEO to retire; to be succeeded by COO
Brown-Forman CEO Paul Varga will retire at the end of the year and will be succeeded by Chief Operating Officer Lawson Whiting, the distiller announced Tuesday. Varga, 54, joined Brown-Forman 31 years...
View ArticleData Deep Dive: JCPS test results lag state average (but not by much, and not...
As JCPS leaders prepare to fight a state takeover, the district’s critics contend that JCPS students perform worse on state standardized tests than their peers across the state, often leading to large...
View ArticleSoccer club secures state funding for $193 million stadium project, work to...
Louisville’s pro soccer club plans to break ground on a $65 million Butchertown stadium in August after the state agreed Thursday to support the project with $21.7 million from taxes. The entire...
View ArticleJCPS racial achievement gap widening (but less so than in rest of Kentucky)
Second of two parts. Black JCPS students in the last few years have fallen further behind their white peers on state academic tests — but only at some grade levels — while for students across the state...
View ArticleBrown-Forman shares fall 7 percent on Q4 results, tariff fears
Brown-Forman shares fell nearly 7 percent by early afternoon Wednesday after the distiller reported higher expenses and lower profit and warned that results this year could be dragged down by a looming...
View ArticleTwo years as a Chinese company: GE Appliances leaders remain committed to...
GE Appliances plans to open new distribution facilities in Dallas, Denver, Atlanta and Northern California to be closer to its customers, but CEO Kevin Nolan said that the manufacturer remains...
View ArticlePhysical restraint use rising in Kentucky schools; spiking at JCPS
The use of physical restraints to control students is increasing across Kentucky, although the state legislature since 2012 has tried to reduce the practice because it is ineffective and harms...
View ArticleUPS workers say low starting pay, retirements causing lots of turnover as...
UPS package handlers said retirements and low starting pay are causing lots of turnover at the logistics giant’s Worldport in Louisville. A local Teamsters leader told Insider that the $10-per-hour...
View ArticleLocal Habitat for Humanity begins construction on 500th home
Habitat for Humanity of Metro Louisville is building its 500th home for a local mother and her 2-year-old son. The prospective new homeowner Rae’Shonda Presley said in a news release that she was...
View ArticleLouisville Cybersecurity Summit to help businesses, governments thwart attacks
From hacked elections to stolen personal finance or health data, businesses, nonprofits and governmental agencies face an increasing array of cybersecurity threats while they’re dealing with a shortage...
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