business

Longtime Family-Run Burger's Market Closing

Gabe Bullard — Wed, 02 Jan 2013 18:01:24 +0000

Decades of Burger family tradition ends in a few months.

“For 40 years, one of us has opened the store, one of us has closed it,” Tony Burger says.

He's talking about Burger's Market,the small, family-run grocery that stands across from the Louisville Collegiate School. It's something of a landmark for commuters on Grinstead Drive.

Burger's Market closes in March.

IdeaFestival: Thursday Highlights

Melissa Chipman — Fri, 21 Sep 2012 04:08:52 +0000

When the organizers for IdeaFestival said that most events were sold out, they truly meant it. All of Thursday’s presentations were standing-room only.

Some highlights:

Peter Sims—Little Bets

When Kris Kimel introduced Sims, a best-selling author and entrepreneur, he said, “[Sims has] used the words ‘cool’ and ‘I love it’ and ‘awesome’ hundreds of times since he arrived in Louisville.” And indeed, Sims led his presentation with a discussion of Wednesday night’s dinner at Smoketown USA with Kevin Colleran, formerly of Facebook.

New Concrete Developed in Kentucky Could Save Lives

Brenna Angel, Kentucky Public Radio — Tue, 12 Jun 2012 21:19:28 +0000

Researchers at the University of Kentucky and a Georgetown company have developed a quick-setting concrete that could help engineers and first responders stabilize structures in emergency situations. The product is called Tekcrete Fast.

Moody's Downgrades Arena Bonds

Gabe Bullard — Thu, 31 May 2012 21:53:14 +0000

Moody's credit rating agency has downgraded the bonds used to finance the KFC Yum Center, citing high operating costs and poor performance of businesses around the arena.

Part of the plan to pay off the bonds relies on tax increment financing. A TIF district was created in downtown Louisville so any development spurred by the facility would help pay the debt. The arena was supposed to give downtown development a boost, but Moody's says the TIF district may not be enough to support the arena.