Tag: Muhammad Ali Center

Ali Center to salute McCain, Gossett, three others at annual awards ceremony

The Muhammad Ali Center said today it would honor leaders from the worlds of philanthropy, entertainment, and business at the fourth annual Muhammad Ali Humanitarian Awards, Sept. 17 in Louisville.

Muhammad Ali
In 1967.

This year’s will be the first since the Louisville native, prize fighter and globally famous humanitarian Muhammad Ali died, in June in Phoenix, after a decades-long battle against Parkinson’s disease. He was buried a week later at Cave Hill Cemetery during a funeral that drew luminaries from government, politics and entertainment across the world.

He and his wife Lonnie co-founded the Ali Center, which opened in November 2005, and attended each of the previous year’s Muhammad Ali Humanitarian Awards. She will speak at this year’s ceremony, and present several of the awards. The honorees:

  • Philanthropist and businesswoman Cindy Hensley McCain (top photo, left) will receive the Muhammad Ali Humanitarian Award for Lifetime Achievement; she is the wife of Arizona Sen. John McCain.
  • Academy Award-winning actor and humanitarian Louis Gossett Jr. (top, right) will get the Muhammad Ali Humanitarian Award for Education.
  • Tony Award-winning actress, singer and activist Sheryl Lee Ralph will receive the Muhammad Ali Humanitarian Award for Global Citizenship.
  • Grammy Award-winning singer/songwriter and humanitarian Jon Secada will be honored with the Muhammad Ali Humanitarian of the Year Award.
  • John Rosenberg of Prestonburg, Ky., an attorney and founding director of the Appalachian Research and Defense Fund of Kentucky, will get the the Muhammad Ali Kentucky Humanitarian Award.

Here are the detailed biographies of the honorees provided by the Ali Center: Continue reading “Ali Center to salute McCain, Gossett, three others at annual awards ceremony”

Amazon’s Prime Air edges closer to takeoff (watch out, UPS); Ford China sales hit July record; and U.S. added 255K jobs in July, beating forecasts

A news summary focused on 10 big employers; updated 9:06 p.m.

Prime Air plane
Amazon’s new Prime Air 767 is operated by Atlas Air.

AMAZON today is showcasing its first branded air cargo plane during Seafair’s Air Show, an annual community celebration in the retail giant’s Seattle hometown. The Boeing 767-300, operated by Amazon’s air cargo provider Atlas Air, is flying in the show for thousands of Seattle residents and employees. In May, Amazon said it would lease 20 of the planes from Atlas for its nascent air delivery service. The 767’s appearance, complete with the company’s Prime Air livery, is the latest step in Amazon’s drive to take control of every phase of its logistics as it becomes both a customer and competitor of UPS, FedEx and other shippers (press release). Amazon and UPS are both big employers in the Louisville area; UPS has 22,000 workers at its Louisville International Airport hub, and Amazon employs 6,000 at distribution centers in Jeffersonville and Shephardsville.

Walmart’s reported negotiations to buy Amazon competitor Jet.com for around $3 billion would only put a small dent in the Seattle retailer (The Street). More news about the rumored Walmart-Jet talks.

UPS filed its detailed quarterly 10-Q financial report with the Securities and Exchange Commission today (SEC document).

FORD: Despite China’s slowing economy, Ford and its joint venture partners sold 88,189 vehicles there last month — a record — up 15% compared to a year ago (press release). Also, the automaker yesterday recalled approximately 830,000 vehicles to replace side door latches that may not be operating properly; the recall includes vehicles made in Louisville. They are 2013-15 Ford C-MAX, 2013-15 Ford Escape, 2012-15 Ford Focus, 2015 Ford Mustang and Lincoln MKC, and 2014-16 Ford Transit Connect vehicles sold or ever registered in certain U.S. states (press release). In Louisville, Ford employs nearly 10,000 workers at the Louisville Assembly Plant and Kentucky Truck Factory.

Naked Chicken Chalupa
Headed for menus nationwide.

TACO BELL will roll out its new Naked Chicken Chalupa — a taco with a shell made of fried chicken — across the country next year after testing it on the West and East Coasts (Brand Eating).

Trump and KFC
Not finger-lickin’.

KFC: Late Night host Seth Meyers joined other comedians ribbing GOP White House nominee Donald Trump this week, zeroing in on Continue reading “Amazon’s Prime Air edges closer to takeoff (watch out, UPS); Ford China sales hit July record; and U.S. added 255K jobs in July, beating forecasts”

Ali Center: Visits will jump 50%, to 150,000, this year after prize-fighter’s death

Ali Center logoThis year’s surge would follow several previous years when attendance stagnated at around 75,000 to 80,000, spokeswoman Jeanie Kahnke told The Courier-Journal for a story this morning.

Some 25,000 people have visited the center since June 3 alone, the day the prize-fighting Louisville native and humanitarian died in Phoenix after battling Parkinson’s disease for decades. CEO Donald Lassere said the steady stream of visitors will be “the new norm for the foreseeable future.”

The center opened in 2005 at a cost of $80 million after years of planning and fundraising.

Louisville employer stocks jump again, as post-Brexit investor confidence rises; the Dow soars 285 points; and Walmart hits Amazon with free-shipping trial

A news summary, focused on 10 big employers; updated 6:18 p.m.

Brexit umbrealla
Clouds are parting.

Those employers’ shares closed higher today, as overall U.S. stocks clawed back half the ground lost after Britain’s surprise vote Thursday to quit the European Union. It was the second rally in two days on Wall Street, which had been rattled since Friday by uncertainty over the so-called Brexit. Britain’s stock market also has recouped losses in the same stretch, although other major markets in Europe and Asia have yet to bounce back fully, according to The Associated Press.

The three major U.S. stock indices all closed higher. The Dow Jones Industrial Average rocketed 285 points, or 1.6%; the S&P 500, 35 points or 1.7%, and the Nasdaq, 87 points or 1.9%, according to Google Finance.

Here are today’s closing prices for the 10 employers tracked by Boulevard:

In non-Brexit news:

AMAZON: Walmart today launched a free 30-day trial of ShippingPass, its two-day shipping program to all U.S. consumers, as the world’s biggest retailer ratchets up the competition with Amazon’s Prime subscription service. ShippingPass costs $49 a year, half as much as Amazon’s $99 (Reuters and press release). Also today, Amazon slashed prices up to 50% on newly released, full-featured, unlocked Android smartphones for Prime members (company website). Amazon employs 6,000 workers in the Louisville area, at distribution centers in Jeffersonville, and in Bullitt County’s Shepherdsville.

KINDRED: Senior Vice President John Lucchese sold 4,341 shares for about $11.39 a share today for a total $49,000, the company said in a Form 4 regulatory filing (SEC document). Kindred shares closed this afternoon at $11.43, up 5%.

GE: U.S. regulators rescinded stricter oversight of the company’s finance arm, GE Capital, after saying the conglomerate had made changes that significantly reduced its threat to U.S. financial stability (Wall Street Journal). Its former residential home appliance business, now owned by Haier Group, employs 6,000 workers in Louisville.

John Yarmuth
Yarmuth

In other news, U.S. Rep. John Yarmuth of Louisville has once more donated his entire congressional salary — $174,000 — to charity, making good on a campaign promise when he was first elected a decade ago. The 17 recipients include three arts and humanities groups: Louisville’s Fund for the Arts, Louisville Orchestra, and the Muhammad Ali Center (WDRB).

Ali Center presser

10:40 a.m., the Muhammad Ali Center. CEO Donald Lassere is visible on a TV cameraman’s video monitor as he tells a press conference the UPS Foundation has donated $500,000 to the museum honoring the Louisville native.

The gift will fund the center’s education initiatives, including UCrew, Generation Ali, its Character Education Program “Creating Our Future,” and the Muhammad Ali Center Council of Students. More about the Ali Center.

The UPS Foundation is the charitable arm of the shipping giant, which has 22,000 workers in Louisville — the city’s single-biggest employer. More about UPS and about its foundation.

Mayor Greg Fischer was there, too. But one of the most important people present — maybe the most important — wasn’t publicly acknowledged at all: Brown-Forman heiress Ina Brown Bond, one of the Ali Center’s main movers.

Ali Center to disclose ‘significant’ gift this morning

Muhammad Ali Center logoThe 10-year-old museum downtown said the contribution will “continue the special legacy of the late, great Muhammad Ali.”

The Muhammad Ali Center will announce the gift and introduce the donor at a 10:30 a.m. press conference at the 144 N. Sixth St. museum. CEO Donald Lassere and Mayor Greg Fischer will be there.

The Louisville native, prize fighter and humanitarian died June 3 in Phoenix, his primary home, after battling Parkinson’s disease for decades. He was 74. Ali was buried in Cave Hill Cemetery a week later amid a celebrity-studded memorial service.

The $80 million Ali museum has struggled at times, with frequent top staff changes, occasional budget issues, and facility setbacks that included long delays in opening an adjoining plaza and a pedway connection to the Riverfront Plaza/Belvedere, The Courier-Journal said in advance of the center’s 10th anniversary in November.