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Bluegrass Biz Report





Business News
US stock market closes mostly lower
U.S. stocks are ending mostly lower as energy companies fall and investors look ahead to central bank meetings later this week.
Nome may end church sales tax exemptions
The Nome City Council is taking a hard look at taking away sales tax exemptions for churches and other nonprofit organizations to collect more revenue.
Airline recliner woes are indicative of bigger problems
Squeezed into tighter and tighter spaces, airline passengers appear to be rebelling, taking their frustrations out on other fliers.
Landrieu stops Venezuela sanctions for La. jobs
Sen. Mary Landrieu is facing increased pressure to stop blocking a bill that would impose sanctions against human rights abusers in Venezuela's government.
Some fear auto industry returning to bad habits
Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past.
New York: Bank didn't lend to blacks in Buffalo
New York's attorney general is accusing a mortgage lender of refusing to offer financing to African-Americans living in Buffalo.
IMF: Ukraine may need another bailout due to war
The International Monetary Fund says Ukraine will need billions of dollars in additional support if the fighting between the military and Russian-backed separatists in the country's east persists.
Politico founder named new Washington Post publisher
Katharine Weymouth is stepping down as publisher of The Washington Post and will be replaced by Frederick Ryan, who previously led Politico.
US construction spending up 1.8 percent in July
U.S. construction spending staged a strong rebound in July, rising by the largest amount in more than two years. All major categories of construction showed gains in an encouraging sign that spending on building projects will help boost the economy in the second half of this year.
New invasive pest devastates berry crops
A new invasive insect has devastated northeastern berry crops, and New York growers are working with Cornell University plant experts to develop strategies to fight it.
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