State officials in Kentucky say more than 150,000 businesses in the state met the July 2nd deadline for filing annual report information with the Secretary of State's office. However, 37,000 didn't meet the deadline and are now listed as no longer "in good standing." Those who failed to file in time still have sixty days to take care of the report.
The Better Business Bureau says an organization identifying itself as the "Soldier Relief Fund" has been contacting some local businesses, asking for donations to sponsor a soldier for a one hundred dollar phone card. The consumer protection group says the founder of the fund was charged with fraud last year in connection with a charity scam in Indiana.
The bad national economy hasn't put a dent in one of Kentucky's signature exports. In fact, bourbon production has increased 115% over the past 13 years, according to Eric Gregory, president of the Kentucky Distillers Association.
Kentucky Governor Steve Beshear has signed a bill into law that’s designed to spur investments in the state’s automotive and parts manufacturing facilities. The bill amends the 2007 Kentucky Jobs Retention Act to allow manufacturers involved in the auto industry to request incentives, regardless of their location in the state.