Tuesday is Equal Pay Day
Tuesday has been designated Equal Pay Day to symbolize the three extra months that women must work on average into the year to equal what men earned last year, according to the Kentucky Commission on Women. The commission suggested that men and women wear red to show support for the issue and symbolize that Kentucky women are still in the red. Census data released in September show that on average, year-round full-time working Kentucky women earn 74 percent of what Kentucky men earn, less than the national average of 77 percent for women versus men.
"It's important to make it clear that this is not just a woman's issue," said Eleanor Jordan, the commission's executive director. "Fair pay is a family issue. When the economic status of women is elevated, everyone benefits. We are one-half of the population."
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Verizon starts 4G service in Louisville
Verizon Wireless plans to launch its first 4G cell coverage in Louisville on Tuesday. It will be available in Waterfront Park and surrounding areas on both sides of the Ohio River in time for Thunder Over Louisville this weekend. The company bills its 4G data speeds, which are accessible using 4G devices such as the HTC Thunderbolt, as being as much as 10 times faster than its 3G offerings.
Beshear goes to India on trade mission
Gov. Steve Beshear is on a second trade mission to India, hoping to ink a deal that could result in more jobs for Kentucky. The governor and Economic Development Secretary Larry Hays left Saturday and are planning to return by mid-week. Beshear spokeswoman Jill Midkiff said Monday that the governor expects to announce "an exciting economic development" later this week, but she declined to provide details.
Beshear led a delegation to India last fall, visiting New Delhi and Mumbai at the invitation of NASSCOM, a non-profit organization that facilitates business and trade in software and services. India is one of the fastest-growing economies in the world and is a leading trade and economic partner for the United States. Kentucky's exports to India have grown more than 252 percent, to $96.5 million, since 2004.
Shareholders approve NGAS sale
Shareholders of Lexington-based NGAS Resources have approved the sale of the company to Texas-based energy firm Magnum Hunter Resources. The companies announced last year that Magnum intended to buy NGAS in an all-stock transaction valued at $98 million, including assumption of debt. The sale is expected to close Wednesday, according to a news release from the companies.