economic development

Local News
8:30 pm
Tue July 22, 2014

Ultra High-Speed Internet Plan Headed to Louisville Metro Council

An Internet speed test
Credit File photo

A Louisville Metro Council committee Tuesday voted to award three franchise agreements to companies to install the infrastructure needed for ultra high-speed internet access in the city.

The measure now goes before the full Metro Council, which could consider it as early as Thursday.

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Local News
3:46 pm
Fri June 27, 2014

You'll Soon Have to Pay Louisville Parking Meters on Saturdays

A Louisville parking meter.
Credit Joseph Lord/WFPL News

Soon, you'll get a parking ticket for not paying Louisville meters on Saturdays.

The city has for years had laws requiring motorists to feed the meters on Saturdays, but the Parking Authority of River City rarely enforced the rules, PARC said in a news release Friday. 

PARC is changing that—and it's also increasing meter rates.

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Local News
2:11 pm
Mon April 28, 2014

Louisville Group Offers Ideas for Boosting Bourbon Tourism

Credit Gabe Bullard / WFPL News

A work group tasked with further developing bourbon-centric tourism in Louisville has made its recommendations.

The group suggests the creation of a bourbon visitors center, a bourbon and food festival and a bourbon certification for restaurant server and bartenders. They’d also like to see a larger bourbon presence at the Louisville International Airport and a marketing strategy for the city that centers around bourbon and food.

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Business
12:52 pm
Tue February 18, 2014

KentuckyOne Health Begins Layoffs

Credit KentuckyOne Health

KentuckyOne Health has begun cutting staff to make up the $218 million over the next 17  months its chief executive says is needed to make up a budget deficit.

KentuckyOne Health falls under Catholic Health Initiatives and was formed in 2012 to include Jewish Hospital and the St. Joseph Health System. In November 2012, University Hospital was added through a joint operating agreement—that was after Gov. Steve Beshear rejected a full merger.

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Local News
4:03 pm
Tue January 28, 2014

Jim Wood Resigns as CEO of the Louisville Convention and Visitors Bureau

Jim Wood
Credit Louisville Convention and Visitors Bureau

Jim Wood no longer leads the Louisville Convention and Visitors Bureau.

The bureau announced Tuesday that Wood's resignation was effective at a board meeting the same day. 

Wood has been the Convention and Visitors Bureau's president and chief executive  for 11 years; a search for his replacement begins immediately, the bureau said.

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Local News
6:44 am
Fri January 17, 2014

Bill Calls for Tracking Kentucky Economic Development Incentives

Credit File photo

A bill that would keep tabs on the money Kentucky gives out for economic development projects has cleared a House committee.

Kentucky spends about $1.4 billion each year on economic development incentives, with nearly half that amount going to “energy development” and the coal industry, according to the New York Times.

Democratic House Speaker Greg Stumbo says the state doesn’t have a way to track that money.

State Rep. Larry Clark's bill would create a public database of the incentives and list the number of jobs created and the return on the investments.

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Politics
11:29 pm
Tue January 7, 2014

Kentucky House, Senate Leaders React to Gov. Steve Beshear's State of the Commonwealth

Robert Stivers
Credit Rae Hodge/Kentucky Public Radio

FRANKFORT — Kentucky Gov. Steve Beshear gave his seventh State of the Commonwealth address on Tuesday, and leaders from both General Assembly chambers—and both parties—had quick reaction.

Senate President Robert Stivers voiced opposition to the governor's support of a statewide smoking ban, saying that although he does not smoke, he supports an individual's choice to do so.

Related: State of the Commonwealth: Beshear Says Kentucky's Momentum in Jeopardy

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Politics
10:00 am
Fri December 20, 2013

Kentucky's General Fund Expected to Grow 2.5 Percent Over Next 2 Fiscal Years

Credit File photo

A panel of nonpartisan economists reports that Kentucky’s General Fund is expected to grow by just over 2.5 percent over the next two fiscal years.

That'll bring in about half a billion dollars. But in next year's budget, half of that will likely go toward pension payments, inflation on medical care costs and paying down nearly $160 million of a structural budget deficit.

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Local News
7:00 am
Tue December 3, 2013

What Louisville Can Do To Compete For Innovation and Growth

Credit Creative Commons

Louisville’s new downtown restaurant Sidebar is packed with young professionals—new transplants—from all over the country. They're attending the monthly meet-up group New2Lou, which aims to welcome the recently-arrived to the city.

When I ask them why they came to Louisville I get similar answers: Humana, Ford Motor Company, the University of Louisville.

Work.

It’s why many people come to Louisville and it’s sometimes why people leave—for better opportunities or more money.

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Local News
1:46 pm
Fri November 8, 2013

What's With All the Hookah Lounges in Louisville?

Credit Shutterstock.com

It’s Friday night on Bardstown Road and Friend's Hookah Café is, quite literally, smoking.

A hookah bubbles, drawn by Dair Sharipov, a 22-year-old regular at Friends. He comes here because it’s a laid-back alternative to going out drinking.

“I don’t see anything new in bars," he says. "People getting into fights. It’s the same thing over and over.”

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