“We know times are tough, but we want people to feel secure and happy,” says Ruth Ann Childers of Central Baptist Hospital in Lexington.
So the hospital gave each of its 2,300-plus employees a turkey just before Thanksgiving, “a nice $100 bill” on Wednesday and a free meal on Thursday.
The employees could donate their turkeys to [...]
“We are hearing a lot of horror stories” because of the recession, says Gene Williams, a partner in Natasha’s Bistro & Bar on The Esplanade downtown. “This is actually good news.”
Natasha’s is finishing a remodeling of its physical space and a restructuring of its business to create what Williams calls a “hybrid restaurant” that is in [...]
Stuart Hoffman is “110 percent certain” that the nation is in a recession.
Other economists are still avoiding the R-word on technical grounds, but Hoffman confidently declares that the United States has been in a recession “for at least the last four or five months if not longer.”
Unemployment is up, spending is down and personal incomes [...]
“Iraq is open for business,” says Maurey Bond.
He should know. He’s been working in Baghdad since February.
The 31-year-old Lexington native and University of Kentucky graduate is general manager of the Iraqi Airways International Business Center near the Baghdad International Airport.
The center is in an economic zone that also has a convention center, a 100-room hotel, [...]
BusinessWeek says Lexington has the 13th most recession-resistant economy in the nation.
Here’s why: “Lexington, home to dozens of major companies, the University of Kentucky, and horse farms, is a diverse economy with a mix of agriculture, government, health care, and education,” says BusinessWeek.
One potential weak spot is manufacturing, which employs 12 percent of Lexington’s workforce [...]
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