Economy

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Economy
News Roundup: Ronald McDonald House, Walmart, more
In this news roundup, Ronald McDonald House Charities of Kentuckiana is seeking donations; the city is hosting a seminar and Walmart donates $3M.
Health Care
UofL: Jewish Hospital is safe in short term
UofL president Bendapudi said Jewish Hospital is not in immediate danger of closing, despite the university's inability to find a partner to buy it.
Economy
Brown-Forman to buy gin maker
Brown-Forman plans to buy New York City-based gin maker The 86 Co. to add the company's premium gin to its liquor offerings.
Economy
Evolent expects to get more money from Passport
Evolent Health expects to get more money from Louisville's nonprofit Passport Health Plan — through higher fees or a liquidation of Passport's assets.
Economy
News Roundup: Real estate, affordable housing
The Cold Spring estate near Cherokee Park is the most expensive property for sale in Louisville, affordable housing for seniors, and more.
Economy
Brown-Forman awards top leaders with $5M in stock
Louisville-based distiller Brown-Forman awarded 11 top leaders with nearly 97,000 shares of common stock, worth more than $5 million.
Startups
Nonprofit leaders discuss Louisville philanthropy
Metro United Way and the Fund for the Arts officials said at Venture Connectors that times are tough for philanthropy, but there is reason for hope.
Economy
Brown-Forman shares up 4.7% on Q4 report
Brown-Forman shares rose 4.7% Wednesday after the distiller beat earnings expectations despite a $125 million negative impact from tariffs.
Economy
Leadership Louisville unveils new terrace
The Leadership Louisville Center has put the finishing touches on its new Main Street facility, as the center opened a new terrace at its headquarters.
Economy
News Roundup: Home sales, Stucco, KICC
A news roundup featuring state home sales numbers, an update from the company Stucco, a new general manager for KICC, and more.
Startups
New Story Louisville officially opens June 5
Natalia Bishop, founder of Story Louisville, sees the concept as a community collaboration — "Like networking, but without the business cards," she says.
Economy
Humana says it's not merging with Centene
Humana said Monday that it will not merge with Centene, an unusual step the Louisville-based insurer said it took to combat “persistent market rumors.”
Economy
Local stocks in May performed poorly
Don’t be shocked if you haven’t looked at your retirement account lately. In all likelihood, it will have taken a beating in May — much like local stocks.
Economy
News Roundup: Jewish Hospital losses continue
Operating losses at Jewish Hospital and other assets CommonSpirit plans to sell are worsening as UoL’s deadline to acquire them is just one month away.
Real Estate
Tannery Building to get a lift
The 19th-century Louisville Leather Company Tannery Building in Paristown Pointe is about to get a major lift – of about 18 inches.

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June 15, 2019

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