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Macy's to Cut 7,000 Jobs

Posted: 02/02/2009 - Retailer Macy's says it will cut 7,000 jobs, or 4 percent of its work force, and slash its dividend as it looks to lower expenses.

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Governor Wants Kentucky Declared "Major" Disaster

Updated: 02/02/2009 - Gov. Steve Beshear is asking President Barack Obama to declare a major disaster in Kentucky. The governor says cleanup of the ice storm has surpassed $45 million and 24 people have died.

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Obama Promises Bailout Review Board

Posted: 02/02/2009 - President Barack Obama says his administration will establish an independent board to review the government's massive financial bailout program.

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Spending for Iraq, Afghanistan Under Spotlight

Posted: 02/02/2009 - Two Pentagon auditors say wartime contracts, including reconstruction funding and planning in Iraq and Afghanistan, suffer from poor planning, greed and weak oversight.

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Man Charged With Selling Alcohol In Dry Area

Posted: 01/30/2009 - Officials with the Knox County Sheriff's Department say Coleman H. Trosper was arrested Thursday night at a home on Fawn Branch Road in the Bryant Store community.

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Final Days At Perry Manufacturing

Updated: 01/30/2009 - Perry Manufacturing officially closes its doors Saturday, but most of the plant's 142 employees finished their work earlier this month.

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RNC Elects First Black National Party Chairman

Posted: 01/30/2009 - WASHINGTON (AP) - The Republican National Committee has elected former Maryland Lt. Gov. Michael Steele the first black Republican National Committee chairman.

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RNC Chairman Abandons Re-Election Bid

Posted: 01/30/2009 - WASHINGTON (AP) - Mike Duncan, former President George W. Bush's hand-picked national party chairman, abandoned his re-election bid Friday after his support steadily erode over three rounds of balloting, ensuring a fresh face at the beleaguered GOP's helm.

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Economy Likely Shrank at Fastest Clip Since '82

Posted: 01/30/2009 - The Commerce Department is set to release a report Friday that's expected to show the economy shrank at a pace of 5.4 percent in the October-December period. That's a much faster descent than the 0.5 percent decline logged in the prior quarter.

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Generators Hard to Find

Updated: 01/30/2009 - Generators are one of the hottest items after the ice storm, and many people in the Big Sandy say they are hard to find.

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Minister Is Sentenced To 16 Years In Prison

Posted: 01/29/2009 - LONDON, Ky. (AP) - A federal judge has sentenced a southeastern Kentucky minister to more than 16 years in prison for laundering drug money and hiding a federal fugitive.

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School Loses Funding

Updated: 01/29/2009 - As school systems across the state face budget issues, officials with one Eastern Kentucky school system came together today to approve its draft budget.

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