A news summary, focused on 10 big employers; updated 8:27 a.m.
KINDRED: A jury in Nashua, N.H., yesterday cleared Kindred Healthcare and Greenbriar Terrace nursing home in the death of a Nashua man more than five years ago. Byam “Bing” Whitney Jr. died in 2011 after developing pneumonia and then bedsores that led to sepsis and his death at the age of 84 (Union Leader).
FORD: In a radical shift, Ford is repositioning itself in Europe’s small-car market by abandoning the minicar and focusing on subcompact buyers with a larger Ka and a more upscale Fiesta. The change highlights the automaker’s strategy of picking battles to win 6% to 8% profit margins for its European business (Automotive News).
GE: Haier Group CEO Zhang Ruimin was awarded the Legend In Leadership Award at the Yale University Chief Executive Leadership Institute Summit in New York City. The conference is organized by Jeffrey Sonnenfeld, the prominent senior associate dean for Leadership Studies at Yale’s School of Management; he is a much sought-after commentator on management issues (press release). Haier bought GE Appliances and 6,000-employee Appliance Park for $5.6 billion in a deal completed last week.
PAPA JOHN’S: A 38-year-old San Antonio man was found guilty and sentenced to life in prison yesterday for killing a Papa John’s delivery driver in 2014. William “Jimmy” O’Neill, 46, had been delivering at an apartment complex when Robert Carlos Delcid stole his car and ran over him as he tried to stop the theft. O’Neil’s 86-year-old mother Edna O’Neill told the jury: “He was a good kid” who called her nearly every day, always ending the conversation saying, “I love you” (Express News).
In other news, University of Louisville Foundation vice chair Joyce Hagen paid virtually all the cost of a full-page Courier-Journal ad in April that lauded embattled school President James Ramsey, and blasted his critics on the board of trustees (Insider Louisville). Enormous craft beer restaurant HopCat expects to open in five weeks, assuming construction is done at its Grinstead and Bardstown roads location; it’s now hiring some 200 employees to handle the 132 varieties of beer (WDRB). And the news drought continues about Louisville native and Oscar winner Jennifer Lawrence :(.