By Lorie Hailey
Associate Editor
Time Warner Cable has told former Insight sales employees in Lexington that it will restructure the team and require employees to reapply for jobs in the revamped structure, reports the Lexington Herald Leader.
The employees affected sell cable advertisements locally, and Time Warner Cable spokeswoman Mary Jo Green said the decision affects upward of 50 employees, primarily in Kentucky, including more than a dozen in Lexington, the paper says.
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A sharply divided Kentucky Horse Racing Commission committee voted 4-3 Wednesday against a new effort to make Kentucky the first state to ban the use of anti-bleeding medication on race day for certain stakes races, reports the Louisville Courier-Journal.
The recommendation of the Equine Drug Research Council is not binding on the commission, which could consider the issue as soon as next month, the paper says.
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The Blue Grass Army Depot in Richmond presents a great opportunity for small businesses, Lt. Gov. Jerry Abramson said Wednesday at a seminar on how to do business with the federal government, reports the Richmond (Ky.) Register.
The event at the depot, attended primarily by representatives of Kentucky small businesses and sponsored by the Bluegrass Army Depot and Blue Grass Unite, took place at the U.S. Armed Forces Reserve Center adjacent to the base.
The event was a way to “demystify” the process of working with the government, Abramson said, and help small businesses become competitors for more than $15 billion dollars in business the federal government does annually in the state, the paper reports.
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Franklin Precision Industry Inc. plans to expand operations in Franklin, adding 113 new full-time jobs and investing more than $50.5 million for construction and equipment purchases in the state.
The company is an automotive manufacturer supplying critical parts to the automotive industry. The planned expansion includes the purchase of equipment and construction of additional buildings for production, warehousing and manufacturing operations at FPI’s current location on Bowling Green Road in Franklin. The plant currently employs 471 people.
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Facebook’s initial public offering Friday — the largest by a technology company — is a watershed moment for the consumer side of the Web, but social networking’s real economic impact might be ahead as companies learn how to harness “social business” tools, reports USA TODAY.
Beyond advertising on Facebook or Twitter, companies are using social networks to build teams that solve problems faster, share information better among their employees and partners, bring customer ideas for new product designs to market earlier, and redesign all kinds of corporate software in Facebook’s easy-to-learn style, the paper says.
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