May 12, 2024
Investors

UPS Meets With Investors Tuesday. It Could Be Big for the Stock.

This past year was more difficult than United Parcel Service imagined when it set its three-year goals back in 2021. UPS stock closed above $200 a share on June 9, after the 2021 meeting. Shares closed this past week at $156.27. On Tuesday, UPS is set to meet with analysts and investors in Louisville, Ky.,

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Funds

The Fed’s High Interest Rates Are Helping Pension Funds Close the Gap

This is commentary by Allan Sloan, an independent business journalist and seven-time winner of the Loeb Award, business journalism’s highest honor. We hear lots of talk about the problems that high interest rates have been causing since the Federal Reserve began jacking up rates two years ago. We also hear endless talk from people waiting

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Investment

Longtime business closures, multimillion-dollar investments highlight 2023 Kentuckiana business news | Business

LOUISVILLE, Ky. (WDRB) — From longtime business closures to multimillion-dollar investments in west Louisville’s future, the Kentuckiana region saw a lot of changes in 2023. In southern Indiana, the town of Corydon said goodbye to a staple in its community. Known for its “parking in the rear” and iconic billboards, Butt Drugs closed after several

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