Tag: Muhammad Ali Center

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Ali 1942-2016 | THOUSANDS GATHER FOR FAREWELL TO LOUISVILLE’S FAVORITE SON

Muhammad Ali is being honored and buried today with more pomp and circumstance than his hometown has seen in recent memory. Updated 2:55 p.m.

The funeral procession for the prize fighter and globally famous humanitarian started at 9 a.m. The roughly 17-car motorcade, including a hearse carrying his body, passed places significant in his life, including his boyhood home in the West End, down the boulevard named for him, and the Muhammad Ali Center he opened in 2005, according to The Courier-Journal.

Bill Clinton
Clinton

Amid heightened security, the procession was expected to take more than 90 minutes and include rolling street closures by police. It will end with a private burial in an undisclosed location at Cave Hill Cemetery in the Highlands, which will be closed to the public. Pallbearers are to include actor Will Smith, who portrayed Ali in the 2001 film of the same name, and boxer Mike Tyson.

Today’s events will culminate in a 2 p.m. memorial service at the KFC Yum Center before an estimated 15,000 people. President Clinton, the comedian Billy Crystal, and other luminaries will deliver eulogies. King Abdullah II of Jordan also was to be there.

But another prominent guest, Turkish President Recep Tayyip Erdoğan, cut his visit short and did not plan to attend today’s memorial service amid reports of a rift with the organizers, according to Britain’s Daily Mail. He attended a Muslim prayer ceremony for Ali yesterday, but left the city after his slot was cut from the speakers’ programs because of time constraints. Erdoğan came to Louisville because he was said to have admired Ali, as a committed Muslim and civil rights campaigner.

Security was to be extensive for perhaps hundreds of thousands of mourners along the procession route, and to protect the visiting world leaders. An estimated 500 Louisville police officers were to line the route and secure other locations. The Secret Service will be present as well.

Ali
Watch Ali trailer.

The Ali Center planned to stream the Yum center memorial service from its website; details. Local TV stations are broadcasting live, as was CNN and The New York Times. The Today show‘s Matt Lauer led reporting from the city. The CJ is providing fresh updates. And Twitter is awash in Tweets, where actor Smith is now trending.

Ali and his inner circle planned this week’s services in secrecy during the years he battled Parkinson’s disease. He died last week in Phoenix, his primary home, at 74.

Diversions

Yo-Yo Ma’s biggest fear isn’t stage fright

Yo Yo MaThe world-renowned cellist, who’s performing with the Louisville Orchestra in October, tackles Vanity Fair’s Proust Questionnaire today. A sampling reveals a recurring theme:

What is your greatest fear? Very large bugs.

If you could choose what to come back as, what would it be? A bird. I could travel for free and then eat the bugs.

Ma will play Oct. 30 at 4:30 p.m. at the Kentucky Center for the Performing Arts. Tickets are $50 to $400, for a post-concert party  at the Muhammad Ali Center with cocktails, dinner, and live entertainment to celebrate the 2016-2017 season opening.

The orchestra has been led by music director Teddy Abrams since 2014. Read more about the orchestra’s history.

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In secrecy, Ali himself made sure his final show in Louisville would be the greatest of all
KFC Yum Center night
Ali’s funeral will be a publicity jackpot for Yum Brands and other companies. Some 15,000 mourners are expected at his memorial service Friday at the Yum Center.

Muhammad Ali planned his celebrity-packed Louisville funeral events this week in a two-inch thick document he developed in secret with his inner circle of family and advisors during a years-long battle with Parkinson’s disease.

Ali and his book
Ali and his 1975 memoirs.

Ali signed off on the plan in 2010, according to NBC News, although revisions continued until just days before the prize fighter and globally famous humanitarian died late Friday in a hospital in Phoenix, his primary home; he was 74.

In other words, the Thrilla in Manilla and the Rumble in the Jungle are about to meet the Burial ‘n Louisville before a television audience of untold millions, plus hundreds of thousands more attending in person across the city. The multi-day lineup may well rival “Operation Serenade,” the grand finale President Ronald Reagan’s aides orchestrated for his funeral 12 years ago. (Latest Ali funeral news, plus Twitter updates.)

Ali’s plans are virtually without precedent in recent Louisville history. They will demand the coordination of scores of businesses and government agencies. Although the final cost may never be known, it could run well into seven-figures. The events will be a publicity boon to companies from Yum Brands and KFC to A.D. Porter & Sons Funeral Home; storied Cave Hill Cemetery; a local public relations firm — and even street vendors selling souvenirs along the funeral procession route. Others are trying to cash in, too: One Craigslist advertiser in Nashville is offering a pair of boxing gloves purportedly signed by Ali himself for $20,000.

Bob Gunnell
Gunnell

Some proposals were scrapped, including having his body lie in repose at the Muhammad Ali Center downtown, according to long-time family spokesman and Boxcar PR owner Bob Gunnell. Ali’s wife, Lonnie, worried it would interrupt the center’s operations. “Instead,” says NBC, “Ali added a slow procession through the streets of the city, past the museum built in his honor, along the boulevard named after him and through the neighborhood where he grew up and learned to box. That will happen Friday morning, before the funeral service itself at the KFC Yum Center.”

Royalty in the house

Ultimately, a good portion of the cost will be borne by taxpayers for what will be a huge turnout of Louisville police officers, plus the U.S. Secret Service, FBI and other law enforcement needed to guard the Porter & Sons Funeral Home; control crowds, and protect visiting dignitaries — including at least one sitting king.

King Abdulla
King Abdullah

Actor Will Smith, who played Ali in the 2001 film of the same name, will be a pallbearer. Former President Bill Clinton and the comedian Billy Crystal will deliver eulogies at the massive public memorial service at 2 p.m. Friday at the Yum Center.

King Abdullah II of Jordan and Turkish President Recep Tayyip Erdoğan had been scheduled to speak. But yesterday, they were bumped to make room for two other speakers whom Gunnell, the Ali family publicist, said would be identified later. President Obama could be one of them, along with First Lady Michelle Obama.

The Yum service is open to the public, but tickets — there will be 15,000 — are required; (how to get them). That’s already spurred out-of-towners as far away as Ottawa to offer $200 — and possibly even more — to anyone willing to stand in line to get one on their behalf when they become available tomorrow starting 10 a.m.

“Willing to pay any amount!!!” a man named Adam says in this Craigslist ad. “I am flying in from Canada to pay respects to my childhood hero, Muhammad Ali.”

At least one company was advertising for street vendors to hawk Ali flags, buttons, and other commemorative merchandise from 6 a.m. to 5 p.m. Friday along the Muhammad Ali Boulevard procession route and in front of the Yum Center.

Ali boxing gloves
But are they real?

Earn $200-$300!

“Seeking outgoing sales team,” the Craigslist poster said, before taking the ad down. “You will be selling Muhammad Ali flags and buttons, celebrating the life of Louisville’s hometown hero (and world hero)! Your pay: 20% commission; average earnings $200-$300.”

In Nashville, a Craigslist advertiser is selling what they claimed are a pair of boxing gloves signed by Ali at the 1996 Summer Olympics in Atlanta, where Ali himself lit the Olympic Cauldron. Asking price: $20,000. “This is a treasure find,” the ad says.

Porter & Sons Funeral Home on Bardstown Road is coordinating at least some of the services. The public ceremonies will be followed by a private burial in Cave Hill Cemetery in the Highlands, a much simpler event planned in accordance with Ali’s Islamic faith. He’ll be among other prominent figures from Louisville and Kentucky history in the historic burial ground, says The Courier-Journal. (More about Cave Hill.)

Here’s Will Smith in the Ali movie trailer:

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Haier opens Russian fridge factory, as GE close nears today; Ford shakes up China; and ‘you were hot’ at Dallas Roadhouse
R_13936_01_n
Two employees work on an Appliance Park spray line in 1953, two years after construction started. China-based Haier could close on its $5.4 billion purchase of the GE complex today.

A news summary, focused on big employers; updated 3:13 p.m.

GE: Haier has opened a new refrigerator factory in Russia to serve increasing demand from the European market. The new plant is the first joint Sino-Russian business project in a non-energy field (China.org). Back in the U.S., Haier wants its product development model to be more collaborative with its supply chain (Plastic News). The Chinese company could close on its $5.4 billion purchase of GE’s appliance business as soon as today. Meanwhile, GE is considering scrapping annual raises, as well as the longstanding and much-imitated system of rating employees on a five-point scale — moves that could lead other major companies to reconsider their own compensation plans (Bloomberg).

FORD reshuffled China sales leadership: Dave Schoch, group vice president and president of Asia Pacific, will take over and add the title of chairman and chief executive officer, Ford China. “As our growth plans in China have developed, this market is delivering an increasingly important portion of our revenue and profits globally,” CEO Mark Fields said. “Elevating the reporting of this business right now reflects China’s importance in our profitable growth plan going forward” (press release). Ford shares were up 1.2% to $13.19 40 minutes before the closing bell.

KFC will temporarily close at least some of its 12 restaurants in the southern African nation of Botswana this week after being placed under partial bankruptcy liquidation. Franchiser VPB Propco said it had been trying to the sell the restaurants for the past year without success, and the only option left was to shutter them, eliminating 400 jobs (Bloomberg). KFC clarified that the liquidation will not affect its business in neighboring South Africa (AFK Insider).

BROWN-FORMAN: Two of the newly appointed members of the board of directors — Campbell Brown and Marshall Farrer — have disclosed stock holdings in the family controlled spirits and wine company. Brown listed sole ownership of 805,313 Class A shares, and 312,208 Class B shares (SEC document). Farrer listed sole ownership of 315 Class A shares, and 116 Class B (SEC document). Both men also disclosed beneficial ownership of thousands of other A and B shares, but because some are counted twice as a result of overlapping trusts, it’s unclear how many shares are involved.

Fortune 500The new Fortune 500 list of the biggest-revenue companies includes three in Louisville. HUMANA (No. 52); YUM (218); and KINDRED (372). They all appeared on the magazine’s list last year, too. Walmart held onto the No. 1 spot in the rankings published today (Fortune).

TEXAS ROADHOUSE: A customer at a Dallas area restaurant regrets a missed opportunity for romance with another diner. “I was sitting outside with my two boys waiting to be seated,” he wrote in the Craigslist Missed Connections section. “You came out and we locked eyes. . . . You then asked if you knew me! You were hot, but I was honest and said no. I wouldn’t mind getting to know you tho! 😉 tell me what you looked like or what you were wearing” (Craigslist Dallas).

In other news, the late boxing heavyweight and humanitarian Muhammad Ali will be buried Friday at Cave Hill Cemetery, a decision the Louisville native made that will raise the profile of the storied burial ground. Ali died late Friday at a Phoenix hospital after a long battle with Parkinson’s disease. He was 74, and lived principally in Phoenix. His family asked that expressions of sympathy take the form of donations to the Muhammad Ali Center downtown (WFPL). About the Muhammad Ali Center.

The Dow Jones Industrial Average and other major stock indices rose shortly before noon as investors look toward a speech by Federal Reserve Chairwoman Janet Yellen (Google Finance). All 11 big employers in Boulevard’s Stock Portfolio were trading higher.

Photo, top: University of Louisville Digital Collections.

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New $13B Aetna bonds prime Humana buy; 再见, GE!: $5.4B deal may close Monday; PepsiCo CEO in Yum spinoff dies at 71
Appliance Park aerial
An aerial view of the mammoth GE Appliance complex.

A news summary, focused on big employers; updated 9:52 a.m.

HUMANA: Aetna sold $13 billion of new bonds yesterday to pay for its $34 billion purchase of Humana, the latest sign of growing confidence anti-trust regulators will OK the deal. Shares of both insurance giants jumped on the news, narrowing the discount at which Humana trades to the original $230 cash-and-stock offer price. That gap, around 17% at yesterday’s close, is the smallest since early April (Wall Street Journal). Humana’s stock surged 5.5% to $187.23; Aetna, up 4% to $120.05. Aetna’s CEO said recently that he expects the deal announced last July will close in the year’s second half. Humana employs about 12,500 workers in Louisville, part of its nationwide workforce of 50,000; that figure would double under the Aetna deal. More about Humana’s history.

GE: Haier Co. is expected to close on its $5.4 billion purchase of the iconic 50-year-old Appliance Park as soon as Monday. That would “sever Louisville’s half-century ties to General Electric,” The Courier Journal says, “and turn over ownership of one of the community’s flagship employers to a major Chinese appliance and consumer electronics maker” (Courier-Journal). The complex employs 6,000 making dishwashers and other home appliances. Still, GE is advertising jobs there starting at $15.51 and hour, or $32,000 a year (company website).

(Here’s how Google translates our GE news summary in simplified Chinese: 海尔股份有限公司有望尽快结束其$5.4十亿收购标志性的50岁的家电园区，截至周一。这将“切断路易斯维尔半个世纪关系到通用电气，”信使杂志说，“和社会各界的旗舰雇主之一的所有权移交给大中国家电和消费电子制造商”（信使报）。复杂的员工6000人。 GE尚广告工作开始出现在$15.51和时间，或每年$32,000.” Our headline should say: Goodbye, GE!)

Watch an inside tour of Appliance Park:

Roger Enrico
Enrico

YUM: Retired PepsiCo CEO Roger Enrico, who spun off the company’s restaurant division into what is now Yum Brands, died suddenly Wednesday while on vacation with his family in the Cayman Islands. The cause of his death wasn’t immediately known. He was 71 (The Drum). CEO from 1996-2001, Enrico was known for turning Pepsi-Cola into a pop-culture leader with groundbreaking sponsorships with Michael Jackson and Madonna in the “Choice of a New Generation” campaign (The Wall Street Journal and AdAge). Watch one of the Jackson commercials. Yum’s history in Louisville started with KFC founder Harland Sanders.

AMAZON: About 40 bike messengers employed by Amazon contractor Fleetfoot Messenger Service have been laid off, effective today, as the company rethinks the way it makes quick deliveries in its corporate hometown of Seattle. The messengers carried packages and groceries for Amazon Prime Now, a popular one- to two-hour service seen as one of Amazon’s big bets to beat brick-and-mortar retailing (Seattle Times). Geekwire said the number laid off was closer to 60, and quoted one saying: “A lot of people, including myself, are thinking, ‘Why are we going to stick around and bust our ass and put our lives on our line when they don’t give a shit?’ They just cut our jobs. A lot of us just walked out” (GeekWire). Expectations were high for the couriers — with heavier-than-normal loads, fast delivery times, careful tracking, and demands for near-perfect execution (GeekWire, earlier). Elsewhere in Amazonia, the company blows away all competitors in time spent on their mobile websites by a long shot; mobile visitors spent an average 103 minutes on Amazon vs. Target’s 20 minutes and Walmart’s 14 (Business Insider).

BROWN-FORMAN: Billy Walker, who sold the BenRiach Distillery Co. scotch whiskey business to Brown-Forman for $405 million million, has been named entrepreneur of the year in the Scotland Food & Drink Excellence Awards; the deal closed Wednesday (Herald Scotland).

CHURCHILL DOWNS: Hosting a party at the iconic racetrack runs from casual to a formal sit-down meal surrounded by historic racing décor (press release via Insider Louisville).

In other news, U.S. employers added only 38,000 workers in May, a significant slowdown in hiring that could push back a decision by the Federal Reserve to raise interest rates (New York Times). Wall Street wasn’t keen on the report; all major stock indices retreated (Google Finance) and the 11 big employers in Boulevard’s Stock Portfolio all tumbled.

Jim Brown, Muhammad Ali
Ali last year.

Finally, Louisville native and humanitarian Muhammad Ali has been hospitalized again and is being treated for a respiratory issue in Phoenix, where he lives. Ali, 74, has been battling Parkinson’s disease for years. The Associated Press said last night that his condition may be more serious than in his previous hospital stays (ESPN). His $80 million Muhammad Ali Center opened in downtown Louisville in 2005.

We like to remember him for his stunning Sonny Liston knockout punch after 104 seconds on May 25, 1965:
Embed from Getty Images