business

Local News
1:01 pm
Wed January 2, 2013

Longtime Family-Run Burger's Market Closing

Credit Google Maps

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.

The Burger family has run the store since 1958, when the father of the current owners Tony and Jeff Burger  purchased it. Tony is now 65 and Jeff is 64, and Tony says it's time to retire.

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Local News
12:08 am
Fri September 21, 2012

IdeaFestival: Thursday Highlights

Peter Sims
IdeaFestival

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.

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Local News
5:19 pm
Tue June 12, 2012

New Concrete Developed in Kentucky Could Save Lives

Researchers used a hose to spray a super fast setting concrete called Tekcrete on two wooden posts at the University of Kentucky Center for Applied Energy Research.
Brenna Angel Kentucky Public Radio

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.

“This is a material that’s sprayed on. It’s a dry mix, single bag. And it basically develops structural strength in a matter of minutes. In 15 minutes it will develop the same strength that Portland cement would take two weeks to develop,” says Tom Robl , associate director at UK’s Center for Applied Energy Research.

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Local News
5:53 pm
Thu May 31, 2012

Moody's Downgrades Arena Bonds

File photo

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.

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