Latest news, with a special focus on big Louisville employers; updated at 1:43 p.m.
FORD said April U.S. auto sales rose 4%, and that retail sales grew 3%, also its best April retail results since 2006. “We saw strong consumer demand in April, especially for pickups,” said Mark LaNeve, vice president of U.S. marketing, sales and service (CNBC). Ford shares recently traded at $13.49, down 1%, as automakers overall fell with a broadly lower market.
YUM: A 40-year old British man received a suspended prison sentence after being accused of threatening to kill an employee at a KFC store in late February in central England. Craig Mellor was caught on video surveillance camera putting his hands around Kallum Byatt‘s neck at the restaurant in Hanley, south of Manchester. Mellor was arrested and later pled guilty to a racially aggravated assault on Byatt (Stokes Sentinel).
UPS is adding to its Louisville fleet of hybrid electric delivery trucks, to a total 125, to extend their range and improve fuel efficiency (Courier-Journal).
In other news, Kentucky’s coal industry continued its freefall in the first quarter, falling nearly 13% statewide. The bulk of the job losses came in Eastern Kentucky, with more than a 1,000 lost there. Statewide, about 6,900 coal miners are employed, the lowest level recorded since 1898 (WFPL).