- By Boris Ladwig | Posted on February 11, 2019
UPS aircraft mechanics have ratified a new five-year contract that will give them an immediate 17.72 percent raise for a base pay of about $123,000 per year. Over the life of the contract, base pay will increase 32.61 percent, to about $139,000. The new...
Monday Business Briefing: Strong start to 2019 in stocks; report hints that Papa John’s may just sell stake; SDF’s record year; and moreBy Staff | Posted on February 3, 2019
Welcome to the Feb. 4 Monday Business Briefing, your weekly business intelligence digest from Insider Louisville. Markets, most local stocks post gains in January Shares of manufacturer Sypris Solutions and tobacco products company Turning Point Brands soared by more than 30 percent in January,...
- By Boris Ladwig | Posted on January 2, 2019
Despite market volatility and a terrible fourth quarter, shareholders of some local companies, including Humana, Texas Roadhouse and Yum Brands, enjoyed healthy returns in 2018. For some local companies, including Churchill Downs, 2018 returns looked great through three quarters — though for others, including...
- By Boris Ladwig | Posted on December 4, 2018
Stocks got hammered Tuesday, with the Dow Jones industrial average falling nearly 800 points, as investors worried about trade tensions and slower growth.
Monday Business Briefing: Solid Light helps with Heaven Hill visitor center; Brown-Forman sets CEO pay; KFC Yum! Center upgrades; and moreBy Staff | Posted on November 18, 2018
Welcome to the Nov. 19 Monday Business Briefing, your weekly business intelligence digest from Insider Louisville. Heaven Hill to expand Bardstown visitor center, partners with Louisville’s Solid Light At a news conference Friday morning, representatives from Heaven Hill and Solid Light gathered at Heaven...
- By Boris Ladwig | Posted on November 13, 2018
Consumer confidence, income growth and a low unemployment rate will push holiday retail sales 5.8 percent higher this year, according to a projection.
Monday Business Briefing: A terrible week for local stocks; Waterfront Park authority to test donation boxes; appliance prices rising; and moreBy Staff | Posted on October 28, 2018
Welcome to the Oct. 29 Monday Business Briefing, your weekly business intelligence digest from Insider Louisville. Local stocks tumbled amid concerns about future earnings With the exception of Ford and Texas Roadhouse, all stocks of local importance fell last week — some sharply — as...
The Closing Bell: Ford earnings shine, thanks to Super Duty; UPS faces headwinds; development recap; Bourbon+ hits newsstands; and moreBy Staff | Posted on October 25, 2018
Welcome to The Closing Bell. This is your last stop for biz scoops and big news before the weekend — a roundup of stories that can’t wait till Monday.
- By Boris Ladwig | Posted on October 23, 2018
Global markets declined again Tuesday, and amid the recent volatility, shares of 12 of 15 local companies tracked by Insider have fallen in October.
- By Boris Ladwig | Posted on October 12, 2018
After a two-day sell-off on Wall Street and global markets, two financial analysts encouraged investors not to panic, as the U.S. economy remains strong.