Churchill Downs awards top execs with new contracts potentially worth over $30M
Churchill Downs has awarded its two top executives with new contracts that will pay them up to about $32.5 million in stock, provided the company hits certain performance targets
View ArticleHumana shares rise on profit growth, better outlook
Humana’s shares jumped more than 6 percent Wednesday morning after the company said third-quarter results were bolstered by strong interest in its insurance plans among older Americans.
View ArticleTwo high-level executives to leave struggling KentuckyOne Health
Top executives are departing but KentuckyOne Health says the changes are not related to the negotiations for the sale of the Louisville assets.
View ArticleShares of Louisville-based Turning Point Brands fall on FDA fears
Turning Point Brands fell 3.4 percent Friday morning after The Washington Post reported that the FDA plans to “impose severe restrictions” on sales of e-cigarette products.
View ArticleNorton Healthcare helps veterans navigate health care system
Norton Healthcare is providing veterans with a patient navigator to help guide them through the health care system's complexities that may be keeping them from needed care.
View ArticleSolid economy has retailers expecting big holiday shopping season
Consumer confidence, income growth and a low unemployment rate will push holiday retail sales 5.8 percent higher this year, according to a projection.
View ArticleUofL hiring practices at center of Court of Appeals case
When is a mailed employment agreement from a university a binding contract for a tenure-track professor? That is at the heart of a case involving UofL.
View ArticleIf UofL pulls out of Jewish Hospital, ‘what’s left?’
The University of Louisville has begun a process of moving cardiology, organ transplantation, neurosurgery and other services out of Jewish Hospital, in a further sign that the end of the venerable...
View ArticleState cuts, KentuckyOne separation inflate UofL operating loss to $316M;...
The loss is nearly $50 million worse than the year prior, primarily because of the institution’s separation from KentuckyOne Health, according to a new financial report the university posted on the...
View ArticleHumana shares rally on reported Walgreens tie-up
Humana shares rallied about $7 late Tuesday after The Wall Street Journal reported that the insurer and drugstore chain owner Walgreens Boots Alliance were “in preliminary discussions to take equity...
View ArticleSources: State rebuffed UofL president’s request for help related to Jewish...
University of Louisville President Neeli Bendapudi recently traveled to Frankfort to seek help from state officials with challenges related to the struggling Jewish Hospital but was rebuffed, sources...
View ArticleLocal tech startup uses texts to get patients to show up for procedures
A Louisville tech startup is using text messages to make sure patients show up for medical appointments, reducing health risks while saving them — and the care providers — valuable time. During a...
View ArticleHilliard Lyons to merge with wealth management giant Baird
Hilliard Lyons has agreed to merge with Baird, in part to put the local firm in a better financial position to support additional investments and growth.
View ArticleVinyl revival boosts Crosley Brands revenue
Crosley Brands, a venerable Louisville electronics company that has its origins in the heyday of radio, has been capitalizing on a surprising trend: a resurgence of vinyl.
View ArticleJewish Hospital’s financial woes continue, new report shows
Jewish Hospital and St. Mary’s Healthcare recorded operating losses of $17.7 million in the quarter ended Sept. 30, slightly better than the year earlier.
View ArticleArchitect, LouCity FC co-founder Wayne Estopinal dies in Southern Indiana...
Louisville area architect and Louisville City FC co-founder Wayne Estopinal has died in a plane crash in southern Indiana that killed three people, the club has said.
View ArticleFord sales data help explain plan to move 500 local workers
Ford's latest sales data help explain the automaker's plans to move 500 full-time production workers from the Louisville Assembly Plant to the Kentucky Truck Plant.
View ArticleApellis shares spike on promising new drug data
Shares of Apellis Pharmaceuticals spiked nearly 18 percent Monday after the company said new data from clinical studies showed that its APL-2 drug provided “meaningful improvement” in the treatment of...
View ArticleStocks plunge on trade, recession fears
Stocks got hammered Tuesday, with the Dow Jones industrial average falling nearly 800 points, as investors worried about trade tensions and slower growth.
View ArticleTariffs hurt Brown-Forman sales, but profit rises on lower taxes
Brown-Forman said tariffs and foreign currency fluctuations hurt second-quarter sales, and operating profit fell 5 percent but net income rose 4 percent.
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