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Lexington Herald-Leader from Lexington, Kentucky • 41

Location:
Lexington, Kentucky
Issue Date:
Page:
41
Extracted Article Text (OCR)

Thursday tmidel Setfion Dow 90IUI Mu Let Day riee in Wnri'ihr IV IWX Economists warn that US trade deficit still growing though not as rapidly Page 1)2 Editor Clu-iyl Truman nmiwtttaasiiSH! Tm rrMMi imm lift: Cu "in 141 MUimix-Hs a UriU tad-rowt LXJ Lkxington Online www biiiulipuiiinlniin C'WW sm mm rr Shorttakes Wyncom lives what it teaches Business success is firm's bottom line Business guru Tom Peters author of In Search of excellence and other popular books spoke yesterday at the annual In Leadership seminar By iamlt Butter MMtOUAhiS SuMM 55 IMMlR There was no sUvping Tuesday nijjhfhr Larry and I tunny IMmun on tlir eve 4 tlieir nsnivi-ny's third annual Worldwide la-SMins in Leadership Sties width was broadens! via satellite fc'sii lexinjjiisi yesterday Tin? ro-ownerx and co-tltair-nu of Wyncom anise at 4 am I tunny Holman tuiitL At 5 they called to see if the Leonid meteor shower ck Ms-red any Kitelliu-x KENTUCKY Jacor soon may sell 5 Louisville stations i live Dmixvillc radio Malians ownixl by Jit cor Comiuuniuilioiirt Inc owld on lx lo satisfy Iimw fur a nntMiwidc U-Uttit Jiu'if and Clear Channel Commitment Ioiim The nanpanir inuM drop tvmin propniim to adlhTe lo limits on Maiiui ownership within a ainttW nuirki-t Tnylor spokeswoman hr Covington band Jaror tuiid (lie coniSinya five Louisville stations are among 23 in live cities tliat llie two nxiipanie have doignated in disrussiunx with rrjtuki-tic Federal Communlcaliomi Commission fnikkliiuw limit owmtsliip lo eight radio stations within a single market with no more than five AM or IM out lets Thr nfftled ttatiunt ant I'M Marions VI)JX( WVKZ WSFR WIIMX and WMA-AM Juror and Clear Channel announced a deal Ut IS in which Sin Antonio Texas based liar Channel would acquire Juror hr $14 billion in Mirk of lasklon is real llrased we survived the meteor xIsuait" Larry lllman said Tlu policy would linve cov-end any lost revenue front a x4 of an rstiinalid I V) Or XI view-its at $1 10 to $3XJ a lu-ad With all systems go it was anotlut giid day hr Lrxiugton-Iwsed ynoom whith lias made magazine's list of llie SOU fastest growing cwnixinies in the country each of the kist three See WYNCOM D2 FRANS ANOCMON StMf Unique theater design 1 Inquiry spurs dip in Vencor stock price By Paul Heldman 0L00MUERG NEWS WASHINGTON Vcncor Inc Klmnn fell ax much ax 24 percent after the nursing home and king-term care hospital chain disclosed that federal investigators are looking into itx Medicare billing practices company hax been in-firmed by the Department of Justice that it ix the subject of ongoing investigatinnx into various aspectx of its Medicare billing practices" the cunpany said in its quarterly report filed with the US Swiritics and Exchange Commission late Monday A Vencor spokeswoman said yesterday that the investigation could goon for years the current regulatory environment this investigation is not said Vencor spokeswoman Susan Moss "Most providers are facing similar scrutiny We are cooperating fully with the investigation and we expect it to go on for several have no reason to believe engaged in any unlawful or unethical practices" she said The SEC filing ix the latest sign of trouble the Louisville-based company feces with federal See VENCOR back page PHOTOS BY JANET WOffNCSTAFF A curved screen will fill the bare comer of this theater yrfien it is finished in Georgetown Broodmare brings $150000 at sale: A 9-year-old broodmare pregnant to Victory Speech brought a top price of $150000 during yesterday's session of Keenelnml's Novemlier Breeding Stock Saile KunncII Davis bouglit Amrtlier Moment who is by Foppiano out of Moment's by For The Moment Stic is a half-sister to two stakes winners including tlie S23-t44K) nimer Miami Slick Cornerstone Stable as agent sold Another Moment In sales totals yesterday 213 homes -sold hr S397550a an amage of SlftkiOl With three days remaining in the 14-day sale 2A23 horses hiivv been sold hr an indastry record S2T9179X) an average of Richmond chamber director resigns: Anita MeMalam Chamber of Commerce director has stepped down from her position to become a Richmond business owner Mesalam and her husband Ritchie opened Kids liny and Parties an arcade and chil- (Iren'S party facility on South Kecneland Drive in Richmond two weeks ago Maureen Montroy who had been assistant is serving as interim director Mesalam was in the position for 11 years i Farm technology summit set: Farmers looking fr information on cutting-edge agricul-ture can attend the Agriculture Technology Summit at Murray Stale University on Dec Sessions will include value-added marketing safety biotechnology animal waste management viticulture and more: For information call (501) 762-3327 COMPUTERS' Microsoft accuses IBM of collusion: Microsoft took the offensive yesterday at its antitrust trial accusing IBM of recruiting its largest rivals into a plan to cripple the software influence The plan the Microsoft attorneys contended involved Java a computer language that lets programmers write software that can run on many different operating systems something Microsoft feared could make its dominant Windows operating system obsolete AOL reportedly In talks with Netscape: America Online Inc the largest online provider is reportedly negotiating with Netscape Communications Corp for a new Internet browser to replace or join its current Microsoft browser exclusive contract to use Microsoft browser on its online service expires in January COURTS Lawsuit against IBM Is dismissed: International Business Machines Corp won dismissal of a class-action shareholder lawsuit alleging IBM misled investors about its projected dividend payments The 2nd US Circuit Court of Appeals in New York upheld a lower-court ruling throwing out a suit filed by IBM stockholders The case was brought after die biggest computer company said in 1992 that it was considering cutting its quarterly dividend IBM officials were stating and not when they said in the months before Dec 15 1992 that they need to cut file dividend die appeals court said in a 23-page opinion filed Tuesday On Dec 15 1992 Armonk NY-based IBM said it was of its ability to maintain the dividend at current levels" a statement that helped drive down stock price that day to 564 from 62X COMPILED FROM STAfF WIRE REPORTS Enter new movie houses ready for show Now flaying The new Theatres of Georgetown is the first multiplex in the country to use the Cinema hi ail of its theaters Instead of flat against a wall the screen is slightly curved and in the corner with seat rows also curved so people face the canter SOURCE ShoPro Inc CMMWMESWF By Jefferson George CENTRAL KENTUCKY BUREAU GEORGETOWN Dim the lights and raise the curtain After nearly a year as a craning attraction a new seven-screen movie theater premieres this weekend in Scott County After a free preview tonight die Theatres of Georgetown will open Friday at an outlet center at US 62 and Interstate 75 While the multiplex will make it easier for film lovers who live north of Lexington to see latest also brings a unique theater design to Central Kentucky said officials with ShoPro Inc the Illinois-based company that will operate die theater The patent-pending Cinema so named bkause the blueprint resembled a stealth bomber features a slightly curved movie screen placed in a corner and stadium-style seating in die opposite corner Theatres of George- town is die first theater to have the design in all auditoriums said Buck Kolkmeyer ShoPro president 1 "This offers the best view from pretty much every seat in the house Kolkmeyer said With movies such as The Waterboy and Enemy of the State soon showing Georgetown will have first-run films for the first time since The See MOVIES back page Nothing would make boss happier at gift season By Carl Quintanilla THE WALL STREET JOURNAL As Christmas approaches take a memo from the boss real ample: You get I me a gift I don't get you a says Robert Hausman chief executive of Coventry Industries Corp in Boca Ratrai Fla An informal survey of bosses around the country finds that no Christmas tradition irks them more than sleigh loads of gifts from subordinates The average CEO needs no more golf elute fountain pens paperweights liquor cuff links or neckties has I no time to write thank-you notes and want to feel beholden to file troops solution: a polite way to return Scrooge-like as that might sound Among many executives ask- ing employees not to give this year is Southwest Airlines Chair-' See BOSSES back page Buck Kolkmeyer ShoPro president said Georgetown's is the first theater to have the design in all auditoriums 1 1 Churchill considers building hotel at track Latesfbusinessjewslonline gfHTUCat (0NKT FINANCIAL MARKET UAL NBWi 1 3i Bridgeport Ind the largest riverboat casino which is expected to open to the public soon Meeker said But loyal patron and strength as an institution would help it weather the new competition he said Meeker said that the Caesars boat will cause changes in spending among Louisville residents and that there will be winners and losers among local businesses If Caesars can fulfill its promise to draw a substantial number of tourists however foe entire area will benefit he said Get the latest stock quotes follow the markets and manage your portfolio online with Kentucky Connect Financial News powered by Bloomberg at kantuckyconwctcomiSoombeig Kentucky Connect also offers in-vestor information through the Motley Fool Investment guide updated each morning at noon and after the close of markets in the late afternoon Get Motley Fool advice at connecUoinhecildleedwbMlneihtffll ASSOCIATED PRESS LOUISVILLE Churchill Downs facing fresh competition from a new riverboat casino nearby in Indiana is contemplating building a 250-roam hotel on the first turn its chief financial officer said close to malting a final decision about the feasibility of a said Bob Decker of Churchill Downs The hotel would be built at the site where corporate tents are put up for the Kentucky Derby and Oaks Decker said All of die roans would have a view of die trade and all probably would have There would be an underground parking garage and plenty of meeting space would be small meeting-type hotel Decker said Decker made the comments Tuesday after Churchill's president Tran Meeker spoke to the Leadership Louisville Foundation believe well be able to create a year-round entertainment with restaurants near the Downs and an on-track hotel Meeker said The track may lose some business early on to the Caesars casino in Earningsreports Some companies are now releasing quarterly and fiscal -year-to-date earnings reports During this period the Her- ald-Leader will publish a list inside the Business section that includes information about selected companies Page D2 1.

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About Lexington Herald-Leader Archive

Pages Available:
2,725,808
Years Available:
1888-2024