Severe weather looks likely later this afternoon. The best chances appear to be between 3 p.m. and Midnight. Damaging winds, large hail, heavy rain, and an isolated tornado or two are possible. The area at the greatest risk for severe weather in eastern Kentucky is in the Cumberland Valley, near the I-75 corridor. Keep it locked here for updates.
DETROIT (AP) - General Motors earned its highest profit ever last year.
The 103-year-old company made $7.6 billion in 2011, up 62 percent from 2010.
Full-year revenue rose 11 percent to $105 billion.
North America led the way with a $7.2 billion pretax profit. But problems surfaced that could hurt future earnings. GM lost $700 million before taxes in Europe, and lost $100 million in South America.
GM'S fourth-quarter profit was flat with 2010. GM earned $500 million, or 28 cents per share. Revenue rose 3 percent to $38 billion. Before one-time items, GM earned 40 cents per share
Analysts expected earnings of 42 cents on revenue of $37.9 billion.
The company says union workers will get $7,000 profit-sharing checks.