May 18, 2013
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Business News
Ex-JPMorgan execs pressed about loss
WASHINGTON — Two former high-ranking executives at JPMorgan Chase faced tough questions from senators Friday about why the bank played down risks and hid losses from regulators when it was losing b...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press The Carnival Dream is docked in 2010 in St. Thomas, U.S. Virgin Islands. Passengers continue to book vacations thanks to discounts, albeit at a slower pace even though Carnival, the world's largest cruise line, has suffered through a number of high-profile mishaps.
Carnival returns to profit; travelers fear more issues
MIAMI — The world’s largest cruise line has suffered through a number of high-profile mishaps. Yet passengers continue to book vacations thanks to discounts, albeit at a slower pace. Carnival Co...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Jobs
From March 6 to Wednesday, the Office of Employment and Training added 17 job orders to its database for regional employers (Paducah unless noted otherwise): part-time dock worker, machine operator...
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Associated Press Students march under the snow Thursday while they protest against austerity measures in state schools in Pamplona, northern Spain.
Europe eases the austerity whip for a time
FRANKFURT, Germany — Three and a half years into its government-debt crisis, there are signs that Europe is adopting a gentler approach toward austerity. Political leaders aren’t backing away ag...
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Associated Press Boeing Commercial Airplanes Vice President Mike Sinnett poses with a model of newly designed 787's battery during a Friday news conference in Tokyo. Boeing executives said commercial flights of its grounded 787 jets will resume "within weeks, not months" with a third of safety tests already completed. They had not pinpointed the causes of the two battery problems that resulted in the global grounding of the technologically advanced Dreamliner planes.
Boeing aims to finish 787 testing
Boeing unveiled its fix for its troublesome 787 battery on Friday and is aiming to wrap up testing within two weeks. The company hopes to get quick approval from the Federal Aviation Administrat...
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Associated Press Dietz Werland works on an assembly line Feb. 28 at the Chrysler transmission plant in Kokomo, Ind. A strong increase in auto output boosted U.S. factory production last month.
Factory output increases with auto production
WASHINGTON — A strong increase in auto output boosted U.S. factory production last month, the latest sign that manufacturing is helping drive economic growth after lagging for much of 2012. Fact...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Photo contributed by the Prairie State Energy Campus A conveyor moves coal mined on-site to the Prairie State Energy Campus in Marissa, Ill. Paducah Power System began receiving all of its power from Prairie State in January.
Hope and a Prairie State
Had Ray McLennan and the rest of the Paducah Power System board owned a crystal ball in 2007, he still would have pursued the Prairie State Energy Campus investment, he said. In December 2009, P...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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SAC affiliate pays SEC $600 million to settle charges
Two affiliates of SAC Capital Advisors, the hedge fund run by billionaire Steven Cohen, will pay more than $614 million in what federal regulators are calling the largest insider trading settlement...
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Netflix’s customers in the US get new Facebook-sharing tool
SAN FRANCISCO  — A long-awaited coming attraction has finally arrived for Netflix’s U.S. subscribers. They will now be able to automatically see what their Facebook friends have been watching on th...
Mar 15, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Group seeks closer oversight of student loan firms
WASHINGTON — The government’s consumer finance watchdog wants stricter oversight of companies that collect and log student loan payments. The Consumer Financial Protection Bureau proposed Thursd...
Mar 15, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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