Tag: Muhammad Ali

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”

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.

The CJ reveals the tick-tock plan for how it covered Ali’s death

Muhammad Ali
Ali in 1967.

The Courier-Journal’s Muhammad Ali news coverage immediately after the prize fighter died near midnight on June 3 was more than a decade in the making, the paper’s editor said today, in an inside account of how it came together. The New York Times literally stopped the presses to get the news in print. The Louisville native was buried in Cave Hill Cemetery amid a celebrity-studded memorial service after he died in Phoenix following a decades-long battle with Parkinson’s disease; he was 74.