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News briefs from around Kentucky at 1:58 a.m. EDT
Feds pull plug on Ky. uranium plant and 1,000 jobs FRANKFORT, Ky. (AP) — The operator of a Cold War-era plant in western Kentucky that supplies enriched uranium to nuclear power plants said Friday it planned to cease production after federal energy officials decided to end its work, putting more ...
Business Highlights
___ Summer travel forecast: Better, but no blowout NEW YORK (AP) — This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds. The good news: At some U.S. campgrounds these days you get live ...
IMF chief named key witness in French payoff case
After two days of intense questioning from French magistrates, International Monetary Fund chief Christine Lagarde said Friday a court named her as a key witness in an investigation into a controversial payoff to an outspoken businessman that was arranged while she was France's finance minister — stopping short of charging ...
Stocks barely budge; market ends week with loss
Major stock indexes closed out their first weekly loss in a month in quiet trading Friday. The Standard & Poor's 500 index dropped 0.91 of a point to close at 1,649.60. The Dow Jones industrial average rose 8.60 points to 15,303, a gain of 0.1 percent. Procter & Gamble supported ...
TAKEOVER IS EXPECTED FOR EYE-CARE COMPANY
c.2013 New York Times News Service A flurry of mergers in the health care sector appears poised to continue, as Bausch & Lomb is said to be ready to sell itself to Valeant Pharmaceuticals of Canada for about $9 billion. A deal could be announced as soon as Tuesday, people ...
TAKEOVER IS EXPECTED FOR EYE-CARE COMPANY
c.2013 New York Times News Service A flurry of mergers in the health care sector appears poised to continue, as Bausch & Lomb is said to be ready to sell itself to Valeant Pharmaceuticals of Canada for about $9 billion. A deal could be announced as soon as Tuesday, people ...
Graham named chairman of House Education Committee
Democratic state Rep. Derrick Graham has been named chairman of the House Education Committee. Graham, a retired teacher from Frankfort, replaces former state Rep. Carl Rollins who resigned to lead the Kentucky Higher Education Assistance Authority and the Kentucky Higher Education Student Loan Corp. House Speaker Greg Stumbo announced the ...
World stocks lower after big sell-off
World stocks edged lower on Friday, a day after markets around the world dropped sharply on concerns global growth is slowing and the Federal Reserve could start scaling back its monetary stimulus. Japan's Nikkei, which had led the previous day's losses with a plunge of over 7 percent, seesawed throughout ...
China gives US regulators access to audit records
China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute. The Public Company Accounting Oversight Board, a watchdog agency for the accounting industry, announced the agreement with China on Friday. The Securities ...
Mich. court says insurer doesn't have to buy van
An insurance company that refused to pay for a van for a disabled man has won an appeal at the Michigan Supreme Court. Auto-Owners Insurance says it agreed to pay for modifications to the van so Ken Admire could travel with his wheelchair. But it told the Ingham County man ...
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