June 18, 2013
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Business News
Dole CEO makes buyout bid; values co. at $1.07B
WESTLAKE VILLAGE, Calif. — Dole Food’s Chairman and CEO David Murdock and his family are offering to buy the business with a bid that values the entire company at approximately $1.07 billion. M...
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Japan’s Softbank sweetens offer for Sprint, rising by $1.5 billion
OVERLAND PARK, Kan. — A month after being challenged by a rival to raise its bid for Sprint Nextel, Japan’s Softbank did just that, by $1.5 billion. That brings Softbank’s total bid to $21.6 bil...
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Mass. court tosses part of cigarette samples case
BOSTON — Massachusetts’ highest court says the family of a late Boston woman who got free cigarette samples as a child can keep $35 million in compensatory damages, but it threw out an $81 million ...
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Agency says opting for overdrafts means higher fees
WASHINGTON — A U.S. agency says consumers who opt for overdraft coverage on their checking accounts pay higher fees and are more likely to have their accounts closed than those who decline it. A...
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Jobs
From May 30 to Wednesday, the Office of Employment and Training added more than 50 jobs to its database for regional employers, listed below are the first 50 (in Paducah unless noted otherwise): cu...
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NASA mulls naming center for Armstrong
LOS ANGELES — Neil Armstrong’s name is attached to a lunar crater, an asteroid, more than a dozen schools and a museum. But there’s no NASA center named for the man whose “giant leap” made him t...
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German economy recovering after weak patch
BERLIN — Germany’s central bank on Friday lowered its growth forecast for this year but said a recovery had already started, as evidenced by a rise in export and industry figures in Europe’s larges...
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Walmart CEO Mike Duke speaks to a crowd of shareholders from around the world during the Wal-Mart shareholders meeting in Fayetteville, Ark., Friday, June 7, 2013. (AP Photo/Gareth Patterson)
Wal-Mart plans $15 billion more in stock buybacks
FAYETTEVILLE, Ark. — Wal-Mart’s biggest news at its annual meeting on Friday was that the world’s largest retailer will repurchase up to $15 billion of its shares at a time when the behemoth faces ...
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TiVo settles with Cisco, Motorola and Time Warner
NEW YORK — TiVo settled patent disputes with Cisco, Motorola Mobility and Time Warner Cable, averting a trial that was to begin next week and bringing to a close a string of long-running legal squa...
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Natural gas drilling
Kentucky will have its own role to play in a possible natural gas boom, though it may be subdued compared to that of Illinois. Energy companies are leasing in the ballpark of half a million acre...
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