Louisville

Politics
1:11 pm
Tue August 7, 2012

Papa John's CEO: Health Care Law Will Raise Pizza Prices

In a conference call, Papa John's CEO and founder John Schnatter spoke out against President Obama's health care law, arguing the Affordable Care Act will increase the cost of pizza.

From Politico:

"Our best estimate is that the Obamacare will cost 11 to 14 cents per pizza, or 15 to 20 cents per order from a corporate basis," Schnatter said.

"We're not supportive of Obamacare, like most businesses in our industry. But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare," he said.

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Politics
2:22 pm
Thu July 26, 2012

Louisville Metro Jobless Rate Up Slightly

The unemployment rate in the Louisville metro area increased to 8.3 percent in the month of June, which is a slight uptick, according to the Kentucky Office Of Employment & Training.

The numbers released Thursday show the jobless rate was 8.1 percent in May, but that unemployment is down significantly when compared to the 9.9 percent rate last year. Statistics in the report cover the 13-county metropolitan statistical area that includes surrounding Kentucky counties and Southern Indiana. It shows approximately 53,700 people are unemployed. 

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Politics
1:30 pm
Mon June 11, 2012

Mayors of Louisville and Lexington Want to Boost Kentucky's Exports

Kentucky’s two largest cities are looking to help businesses expand their markets.

Louisville and Lexington have formed a business partnership called the Bluegrass Economic Advancement Movement, or BEAM. On Monday, BEAM officials announced plans for an export service for businesses in each city and along Interstate 64 between them. 

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