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U.S. employers added 292K jobs in December
U.S. employers added 292,000 jobs in December, near a record for last year, according to a federal agency. U.S. Bureau of Labor Statistics released Friday also show that American businesses, nonprofits...
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Humana: Claims related to Obamacare will exceed premiums collected
Humana says its medical claims related to Affordable Care Act-compliant plans will exceed the premiums it has collected, but the company still is determining the magnitude of the loss. The...
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GLI to recognize Bridges Coalition, Louisville City FC
The local chamber of commerce will recognize local Ohio River bridge supporters and soccer aficionados for bringing major changes to Louisville last year. At its annual meeting on Jan. 26, Greater...
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Health insurance stocks tumble on antitrust headwinds
Stocks of health insurers – including Humana – tumbled Monday as proposed industry mergers received some scrutiny from regulators and an antitrust watchdog. Shares of Louisville-based Humana fell 2.3...
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Source: Suitors for GE’s appliance division touring local plants; sale...
Potential buyers of GE’s Louisville-based appliance division are inspecting local manufacturing plants at Appliance Park, and the company expects to announce a buyer “in a matter of weeks” if not...
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Humana shares slide for second day as rivals see big gains
Humana’s shares slid for a second day in a row as its rivals — especially Anthem — posted strong gains on an upbeat report about the number of customers it gained last year. Health insurance stocks had...
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Chambers of commerce once again pushing ‘right-to-work’ in Kentucky, but does...
State and local business associations are – once again – pushing so-called right-to-work legislation in Kentucky, and while they now have an ally in the governor’s mansion, the passage of such...
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Aetna CEO: Health insurers must change the way they deliver health care
Aetna CEO Mark Bertolini said that when the company considered acquiring Humana, it had to make sure the company’s cultures were compatible. “Culture trumps strategy,” he said. Humana mapped the...
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Stocks tumble again, with Ford falling 5 percent
On another poor day on Wall Street, Ford Motor Co.’s shares dropped more than 5 percent, although the automaker said it would generate record profit this year and distribute an extra $1 billion in...
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Louisville Auto Show to feature Lambo, Porsche and Ford Super Duty
The 2016 Louisville Auto Show will — for the first time – allow visitors to take a look at some exotic cars, including a Porsche 911 GTR, an Audi R8 and a Lamorghini Murcielago. Visitors to the...
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Brown-Forman sells Tuaca, Southern Comfort brands
Louisville-based distiller Brown-Forman has agreed to sell Southern Comfort and Tuaca brands to rival Sazerac for $543.5 million. Brown-Forman CEO Paul Varga said in an email message to employees...
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Feds predict gas prices will remain low, with Louisville currently below...
Good news for motorists and (most parts of) the U.S. economy: Gas prices will remain below $2.50 per gallon through 2017, the U.S. government predicts. In fact, the U.S. Department of Energy expects...
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GE to sell appliance business to China-based Haier
General Electric has agreed to sell its Louisville-based appliance business to China-based Qingdao Haier Co. for $5.4 billion. Company and union officials and Louisville Mayor Greg Fischer said the...
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New career center targets fast-growing health care sector
Louisville resident Heather Jones interrupted her nursing career when she became a mother. Fellow Louisvillian Denise Bivens dreamed of being a nurse to emulate her grandmother, and though she...
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UofL professor: GE sale good in short-term, but long-term impact unclear
Haier Group’s acquisition of General Electric’s appliance division will have little impact on the Louisville operations in the short-term, a local professor said. Haier’s history and build-local...
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GE Appliances launches upscale pizza oven — but it’ll cost you
GE Appliances‘ luxury line will launch an indoor pizza oven that can cook the pies in two minutes — at the touch of a button on your smartphone. The GE Monogram Pizza Oven will be available for a...
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Meet Louisville’s ‘musical twin’: Johor Bahru, Malaysia
Louisvillians and residents of Johor Bahru, Malaysia, have a similar taste in music. That’s according to a project by the BBC that looks into which songs people try to identify on their smartphones....
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What happened when Haier took over a venerable New Zealand appliance maker,...
When Qingdao Haier took over New Zealand appliance maker Fisher & Paykel in 2012, the worries of many Kiwis echoed those voiced by Americans since Friday, when the Chinese company said it plans to...
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Louisville soccer club and fans prepare for sophomore season
Louisville resident Ken Luther looks forward to donning his purple Louisville City FC shirt and bellowing through his bullhorn when the club opens its sophomore season in March. Since the conclusion of...
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Louisville soccer club releases preseason schedule
Louisville City FC will kick off its preseason on March 5 with a match against Southern Illinois University Edwardsville. The match, which will be played at the LCFC Training Ground, will be closed to...
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