Raj Rajaratnam was once one of the wealthiest hedge fund managers in the world. Now, the former billionaire and Galleon Group co-founder faces 11 years in prison for his role in an insider trading case. A judge in Manhattan handed out the sentence Thursday morning.
Offering an alternative to President Obama and his American Jobs Act, a trio of Senate Republicans have drafted a “Real American Jobs Act” they will present on Thursday. The legislation is being spearheaded by Sen. Rand Paul, R-Ky., who has joined Sen. Rob Portman, R-Oh., and Sen. John McCain, R-Az., to propose less labor and environment regulation, lower taxes, expand free trade and enact a balanced-budget amendment to the U.S. Constitution.
Kentucky Education Commissioner Terry Holliday says international trips paid for by an education foundation did not lead to the decision to contract with its business arm. The New York Times reported several states entered into agreements with Pearson after taking trips on its foundation’s dime and this raises thical questions, said Times reporter Mike Winerip.
A Lexington poet is among the five finalists for a National Book Award. Nikky Finney's Head Off & Split has been recognized as one of the five most notable books of poetry for 2011 by the National Book Awards committee. The collection's name comes from a common phrase Finney heard as child at the fish markets in South Carolina.
The Kentucky Opera could be bound for the American Federation of Musicians’ ‘unfair list’ if it seeks outside players for performances next month. With the orchestra labor dispute still going, the opera has no easy source for musicians. Opera management struck a deal last month with orchestra players to accompany Carmen, but that deal cost the company $33,000 more than expected. The opera is seeking a simpler deal for next month’s Marriage of Figaro performances, but the union has requested the Carmen deal be replicated.
A member of the Kentucky Horse Racing Commission is challenging racetracks to be more innovative in order to compete with surrounding states for business. As race tracks have proposed 2012 schedules, some tracks are cutting the number of racing days. “We’ve got to do something to lure people back to the tracks,” said Commissioner Tom Ludt.
<p>"Not for human consumption?" Sources tell us this raw milk yogurt was delicious.</p>
Credit Richard Knox / NPR
Food fresh from the farm is undeniably appealing. Raw milk enthusiasts take it one step further: They like their milk fresh from the cow — skipping pasteurization.
But it's illegal to sell raw milk in stores in most U.S. states, and fans have been known to go to great lengths to buy dairy in its purest form. Last year, we told you about one Maryland mom who regularly drives almost two hours to a farm in Pennsylvania to buy unpasteurized milk for her family — paying $5 to $7 per gallon.
"What we know is that an individual of Iranian-American descent was involved in a plot to assassinate the ambassador to the United States from Saudi Arabia, and we also know that he had direct links, was paid by and directed by individuals in the Iranian government," President Obama just said.
Originally published on Fri October 14, 2011 7:28 pm
<p>T.J. Turner stands in his yard in Yellow Springs, Ohio, on May 27 near a sign protesting the practice of fracking, a process used to extract oil or natural gas from hard rock formations. Turner was approached by a salesman for an energy exploration company to lease rights for drilling on his property.</p>