Associated Press

The Kentucky Historical Society will dedicate a marker in honor of the western Louisville home where boxing great Muhammid Ali was born.  Ali, who was born Cassius Marcellus Clay Jr., lived in the home with his parents and brother. 

Jockey Robby Albarado lost his ride in the Kentucky Oaks, after being arrested on an assault charge this morning. Jefferson County Sheriff's Department spokesman Carl Yates says Albarado was arrested at a local residence, several hours before he was slated to ride "Hard Not to Like" in the Oaks.

The Tennessee Valley Authority will look for ways to reduce its expenses in the months ahead, and some positions will be cut. TVA officials announced today that the power supplier brought in about eleven percent less revenue during the first six months of its financial year, compared to the first six months of the previous financial year. An unusually warm winter, which reduced power sales, was cited as a major contributing factor.

Indiana has decided it won't sign a new contract to play Kentucky in men's basketball, ending a rivalry that has been played every year since 1969. Hoosiers Athletic Director Fred Glass says the two schools couldn't agree on where the games should be played.

A Federal Appeals court has upheld the convictions of two former attorneys serving time for scamming clients out of more than $94 million  from a $200 million settlement over the diet drug known as fen-phen. The U.S. 6th Circuit Court of Appeals ruled today that a trial judge did not err in the case of 61 year old William Gallion and 57 year old Shirley Cunningham, Jr.