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Business

  • Belk ready to celebrate makeover

    Belk department store in Towne Mall celebrates its grand re-opening Wednesday and the first several hundred customers will leave with gift cards.

    The $1.4 million renovation is to be unveiled at 9:30 a.m. with a ribbon-cutting and a $5,000 check presentation to the Elizabethtown Women’s Club.

    Gift cards will be given to the first 400 customers in line. The cards will range from $5 to $500 in value.

    Two-time “American Idol” contestant Kenzi Lewis from LaRue County is scheduled to sing during the morning’s events.

  • Former senator steps down from bank board

    After 46 years, Walter "Dee" Huddleston is stepping down from the board of First Financial Service Corp. and its banking subsidiary First Federal Savings Bank of Elizabethtown.

    The company announced the decision Monday although his retiremet was effective Sept. 19. 

    A former U.S. senator and broadcaster, Huddleston spent 15 years as board chairman during his service as director. He will retain the title of director emeritus. 

  • Focus on Finance: Invest in debt reduction

    By MICHAEL BATEMAN

    Question: My focus always has been on paying off my bills and building up my savings account. With interest rates being so low, should I consolidate bills or just pay them off one at a time?

    Answer: According to the latest news from the financial world, interest rates likely will remain at near record lows for the next two years as the Federal Reserve continues to try to help stimulate the national economy.

  • Now’s the time to look into beef production

    Roy Burris, UK beef extension specialist at the UK Research and Education Center in Princeton each month publishes a “Timely Tips” article for Kentucky beef producers. There are several items in his column this month that should be on the minds of local producers.

  • Lower your investment risk after retirement

    When you look at your investment portfolio, what do you see?

    If you are like many investors you see a diversification of your assets which has about 50 percent in solid, safe and low yield investments such as CDs or money market funds, and the other 50 percent in medium to high risk growth investments, such as stocks, real estate or futures.

  • LaRue chamber welcomes new executive director

    Krista Levee, the new executive director of the LaRue County Chamber of Commerce, is no stranger to the county – or the state.

    Levee lived in LaRue County almost seven years before moving because of her husband’s job change. They were gone four years before returning to the area.

    “Now we’re back and it’s like coming home,” said Levee, a Hopkins County native. “It’s good to be back in a small town where you know everybody.”

  • Business groups honor Brett Guthrie

    U.S. Rep. Brett Guthrie recently was named a Guardian of Small Business by the National Federation of Independent Business.

    The award is based on the voting record of each member of Congress in support of small business and job creation. The NFIB says it scores legislation relating to small businesses and all representatives scoring above 70 percent are honored.

    Guthrie, a Republican from Warren County who serves the 2nd Congressional District, received a score of 100 percent in the 112th Congress.

  • Three signs you are ready to sell your business

    Question: I have gone back and forth trying to decide whether or not to sell my business. I can supply myself with plenty of pros and cons. What deciding facts should I focus on?

    Answer: Selling your company is a long and arduous process. If you can answer these three questions, you just might be ready for it.

  • School supplies donated
  • Credit union honored for military support

    Fort Knox Federal Credit Union has been awarded the Department of the Army’s 2011 Distinguished Service Award for Credit Unions.

    The award was announced during the Defense Credit Union Council Annual Conference last month in Denver.

    The credit union was selected from all on-post credit unions in the nation to receive the honor because of its activities that support soldiers, civilian employees of the military, veterans, military retirees and their families who serve or are affiliated with Fort Knox.