Owners spent nearly $1.5 billion last year on racehorses, a big increase over 2024. A new tax provision allows them to immediately deduct the full cost of the purchase.
Category: Kentucky
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How a Trump Tax Break Rescued Horse Racing
The New York Times – Business: -
Laid-Off Battery Plant Workers Pin Blame on Ford, not Trump, for Lost Jobs
The New York Times – Business:Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
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Ford Will Make a Play for a Different Battery Market
The New York Times – Business:The company, long focused on cars and trucks, plans to begin manufacturing large batteries used by utilities, data centers, other businesses and homeowners.
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Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans
Ford Motor said the costs come from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
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Ford’s Profit Jumps on Strong Sales but Company Lowers its Outlook
Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.
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Not All National Parks Remain Open in the Shutdown. Here’s What to Know.
Some underground attractions are closed, and many outdoor sites have reduced their services.
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Costco Recalls Kirkland Prosecco, Citing Risk of Sudden Shattering
The retailer said the unopened bottles should be wrapped in paper towels and placed in a plastic bag before being discarded.
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A Kentucky Boy Mistakenly Orders Almost 70,000 Dum-Dums Lollipops
Holly LaFavers said she was eventually refunded $4,200 for her 8-year-old son’s order of Dum-Dums candy.
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The Best Hats at the 2025 Kentucky Derby
From traditional hats to fascinators and headdresses, the best looks at the 151st running of America’s most fashionable sporting event.
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American Whiskey Distillers Brace for Trump’s 2nd Trade War
The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.
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Rodney McMullen, Kroger CEO, Resigns After Board’s Personal Conduct Investigation
The grocery chain said it had investigated its chief executive, Rodney McMullen, and found that his actions were “inconsistent” with its business ethics policy.
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KFC to Leave Kentucky for Texas
KFC, formerly named Kentucky Fried Chicken, disappointed state leaders when it announced it was moving to Texas.