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Eight Companies Approved for Economic Development Incentives
Eight companies were approved for economic development incentives at this morning’s meeting of the Kentucky Economic Development Finance Authority in Frankfort, Ky. The projects would create 212 new jobs, $7.6 million in new annual payroll and $13.7 million in new investment.
Jobs recovery not fast enough for many in Louisville Over 56,000 were jobless in December across the region's 13-county metro areaEconomists agree that, while the local job market has begun to bounce back, it still has a long way to go in recovering from the national recession that officially ended more than two years ago.
Kentucky Offers Grants to Help Small-Business Exports
The Kentucky Cabinet for EconomicDevelopment is accepting applications from Kentucky small businesses for grant money through the State Trade and Export Promotion program.
Gov. Beshear Announces Plaza Recovery to Bring 250 Jobs to Northern Kentucky Financial collections agency to make $2.5 million investment as part of major expansionGovernor Steve Beshear today announced Plaza Recovery, an accounts receivable management company, has acquired a firm in Covington and will expand the facility to add up to 250 jobs. The company plans to invest more than $2.5 million at its Northern Kentucky location, which will include the addition of 18,000 square feet to its existing 25,000-square-foot facility.
Kentucky House expected to propose budget in line with Beshear'sThe state House is expected to propose a two-year state budget with no new taxes that mostly will keep Gov. Steve Beshear's recommended 8.4 percent spending cuts for many agencies and provide no salary increases for state workers and teachers.
Bob King | Kentucky effort to improve education is focus of national conference
Continuing two decades of leadership in education reform, the General Assembly enacted a bipartisan legislative initiative in 2009 known as Senate Bill 1. It brought a new focus on what students actually learn, and aligned that learning to what colleges and employers expect high school graduates to know in order to be successful.
Editorial: 'Angels' law would mean jobs for Kentucky
The reasoning behind Kentucky’s push to enact tax credits for “angel investors” is clear and smart: It means jobs. Jobs for residents of Northern Kentucky and Greater Cincinnati. A boost for start-up firms, giving them a better chance to succeed.
Senate Rejects Casino Gambling Bill
The Senate on Thursday rejected the proposed constitutional amendment to legalize casino gambling in Kentucky, handing Gov. Steve Beshear a major defeat on one of his top priorities for this legislative session
Kentucky to Seek Federal Bridge Help
Gov. Steve Beshear has declared a regional state of emergency to allow Kentucky to seek federal emergency funds for the repair of a western Kentucky bridge struck by a cargo ship.
Bill Aims to Take Profit out of Copper Theft
With local scrap copper prices hovering around $3 per pound, the Kentucky General Assembly is looking at a plan to hamper metal thieves.
Fed chairman warns of only modest U.S. growth for rest of 2012 Ben S. Bernanke, in a report, cites housing market woes and other issues. He also says Fed policymakers do not expect 'further substantial declines' in the jobless rate this year. U.S. consumers and the economy started the year with more financial pep than previously thought, but Federal Reserve Chairman Ben S. Bernanke cautioned that economic growth probably would be modest through the rest of this year.
U.S. Business Activity Improves in Sign Demand to Sustain Growth: Economy
Companies took in more orders and stepped up production in February, a sign demand will sustain the U.S. expansion after a fourth-quarter pickup. |