By Lorie Hailey
Kentucky Power on Wednesday asked to withdraw its controversial request to upgrade an aging coal-burning power plant, reports the Lexington Herald Leader.
The last-minute reversal came just days before the Monday deadline by which the state Public Service Commission would have ruled whether the electric utility could spend almost $1 billion to install pollution controls on its Big Sandy plant north of Louisa, the paper reports. The plant is its only one in the state.
A group of Louisville residents is suing three distillers, claiming ethanol emissions produced by making alcohol have caused a black, sootlike growth known as whiskey fungus to bloom on cars and houses, according to the Associated Press.
The residents say that ethanol emissions by Diageo America’s Supply, Brown-Forman and Heaven Hill Distilleries are not necessary to make or store liquor at three facilities in the city. The group contends the whiskey fungus clung to metal, vinyl, concrete and wood, and has marred their property and lowered its value, the AP reports.
Richmond Centre, the 120-acre retail complex in the northwest corner of Exit 87 on Interstate 75 that opened its first store in August 2008, was sold May 17 for $35.25 million, reports the Richmond Register.
Shoppers in none of thriving development’s 41 businesses would have noticed, but the property also changed hands less than 11 months earlier.
According to deeds recorded at the Madison County Courthouse, all three parties to the transactions are neighbors in downtown Charlotte, N.C., the newspaper reports.
New York Blower Company will locate a new manufacturing facility in Grayson County, creating 125 new, full-time jobs.
Founded in 1889, New York Blower Company’s mission is to be a world leader in manufacturing premium-quality, engineered fans and blowers to the industrial marketplace. Today, New York Blower has thousands of different types and models of air-movement equipment.
High fructose corn syrup won’t get a wholesome new name after all, reports the Associated Press.
The Food and Drug Administration on Wednesday rejected the Corn Refiners Association’s bid to rename its sweetening agent “corn sugar.”
Given the sweetener’s bad reputation in recent years, the association submitted an application to the agency in 2010 to have the product renamed on nutrition labels.
But the FDA said that it defines sugar as a solid, dried and crystallized food — not a syrup, the AP reports.
USA TODAY says a 30-year, fixed-rate mortgage was at an all-time low of 3.78 percent last week, according to mortgage giant Freddie Mac.
If Treasury rates remain at current levels, mortgage rates could fall a bit further, says Keith Gumbinger, vice president of HSH.com.