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Business

  • Focus on Finance: Straight talk about annuities

    Question: I am so confused about annuities. Can you break it down for me in layman’s terms?

    Answer: People are confused about annuities because the same word is applied to many different types of financial instruments. Hopefully, this tutorial will end the confusion.

  • Stockpiling a viable option for livestock

    Calf prices in the spring had many cow-calf operators optimistic about the next several years and possible herd expansion. Widespread drought in the Corn Belt, however, has resulted in higher feed prices, which had a negative effect on feeder cattle prices. In Kentucky, the early summer drought also forced many operations to consider reducing herd numbers, and/or purchase additional feed. The drought has negatively impacted the second cutting of hay, which should result in higher hay prices this winter.

  • Fourth IHOP in state could be in E’town

    Calling Elizabethtown and Kentucky an area of “great appeal,’’ vice president of operations for IHOP said the restaurant’s fourth franchise in the state could be in Elizabethtown.

    Creg Hagerman said Friday morning the company is “very, very close’’ on a deal to bring the signature pancake restaurant to Elizabethtown. IHOP, which has stores in Louisville, Lexington and Bowling Green, is in negotiations to move into the former Frisch’s location on North Dixie Avenue next to Cheddar’s.

  • Five members named to local Workforce Investment Board

    The Lincoln Trail Area Development District recently appointed five members to its Workforce Investment Board.

    Selected were Anthony Conder, assistant vice president and banking Center manager at The Cecilian Bank; Chris Ormes, pressman at American Fuji Seal, United Steel Workers; Kenneth Ritchie, assistant business manager and apprentice coordinator at International Brotherhood of Boilermakers; Tim Walker, mayor of Elizabethtown; and John Tindall Jr., a self-employed and retired military veteran.

  • E'town to get a new King

    Along with flame-broiled hamburgers and onion rings, the newest Burger King in Hardin County is bringing 50 new jobs.

    Construction started last week at the new fast-food restaurant on U.S. 62 by Central Hardin High School next to McDonald’s. The location is slated to open sometime in the fall. This is the second Elizabethtown location with the other on North Mulberry Street. There also is a Burger King in Radcliff and on Fort Knox in Hardin County.

  • What to do if you lose your wallet

    By Michael Bateman

    Question: My purse has been stolen. I don’t even know where to start. What do I need to do first?

    Answer: It could happen anytime, anywhere and to almost anyone. You lose your wallet or purse with your credit cards, cash, driver’s license and other identification.

    What do you do?

    How do you recover your lost belongings? How do you protect yourself against identity theft and fraud?  

  • Financial benefits of prepaying your final expenses

    By Roman Bozio

    Question: Financially speaking, is it better to pre-pay for my funeral expenses or to wait and let my loved ones use money from my estate to take care of the arrangements?

    Answer: The average funeral can range from $6,000 to $10,000 depending on what state you live in, and this is not taking into account a burial plot or memorial service, if so desired.

  • Cardinal Health Foundation awards $53,000 in grants

  • Under construction: Red Oak Apartments, West Point

    Under Construction highlights building projects around the area.

    What is it? Red Oak Apartments
    Location: Dixie Loop off U.S. 31W at the base of Muldraugh Hill in West Point
    Square footage: Two apartment buildings and office building with clubhouse
    Investment: $3.1 million

  • Beshear announces AT&T adding 20 jobs at Grayson call center

    Gov. Steve Beshear announced Wednesday that AT&T is adding 20 full-time customer service representatives to its East Park call center in the Carter County community of Grayson.

    According to a news release, AT&T also is hiring an additional 38 full- and part-time positions at retail stores in six Kentucky communities, including Bowling Green, Owensboro, Lexington, Louisville, Corbin and Winchester.