House rejects Senate budget offer

FRANKFORT State Senate budget negotiators offered on Friday to accept the House plan for funding various programs and eliminating two school days, but said no to new debt for construction projects and tax changes. But House Speaker Greg Stumbo, D-Prestonsburg, said his chamber could not accept the Senate offer without a plan for new construction [...]

Long-term care company moving to Louisville

State officials announced Monday the relocation of long-term care facility operator Signature HealthCare LLC from Palm Beach Gardens, Fla., to Louisville. The move will create 96 jobs, and the company expects to grow to more than 120 at the location, officials said. The average annual salary will exceed $75,000 for those jobs. The company operates [...]

Beshear criticizes budget bill

FRANKFORT The House’s version of the state budget would stymie Kentucky’s efforts to lure and keep companies in the state over the next two years, Gov. Steve Beshear warned Friday. To help fund a massive school construction program, the bill would remove the Cabinet for Economic Development’s ability to borrow more than $60 million to [...]

Beshear: House budget could hurt state’s economic development

FRANKFORT The House’s version of the state budget would stymie Kentucky’s efforts to lure and keep companies in the state over the next two years, Gov. Steve Beshear warned Friday. To help fund a massive school construction program, the bill would remove the Cabinet for Economic Development’s ability to borrow more than $60 million to [...]

Jobless rate ticked up to 10.7% in January

Kentucky’s unemployment rate rose a tenth of a percentage point in January to 10.7 percent, reflecting the state’s continued economic struggle, according to a state labor market analyst. The rise came “in response to the third-largest monthly employment decline on record and a rise in the number of entrants and re-entrants into the civilian labor [...]

Next Page »