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Louisville Business First
Vogt Awards announce new member to leadership team
The selection committee of the 2024 edition of the Community Foundation of Louisville’s Vogt Invention and Innovation Awards will be overseen by a name well known among founders in the metro area: Maggie Harlow. <\p> Harlow, the president and CEO of Signarama Louisville Downtown, has officially taken over the position, per a news release, after serving as a chair elect to Monique Quarterman, the executive director of KY Innovation, among other titles. <\p>
Chain restaurant with 3 area locations files for bankruptcy
Orlando, Florida-based restaurant chain Red Lobster Management LLC and its related subsidiaries announced in a May 19 news release it has voluntarily filed for Chapter 11 bankruptcy relief in the U.S. Bankruptcy Court for the Middle District of Florida.<\p> The news came via a late-night release distributed by the company. The company added it plans to remain open and operate as usual during the sale process. <\p>
Are investors re-entering the housing market after two-year retreat?
Investors could be launching a bit of a comeback in the U.S. housing market — although the reversal of fortunes comes amid a strategy shift for many investors in the face of low inventory. <\p> Purchases by investors grew 0.5% on a year-over-year basis in Q1, according to analysis by Redfin Corp. (Nasdaq: RDFN). Redfin defines an investor as any buyer whose name includes LLC, Inc., Trust, Corp. or Homes, or any buyer whose ownership code on a purchasing deed includes association, corporate trustee, company, joint venture or corporate trust.<\p>
Could AI cause the next market crash?
Some of the world’s premier research experts have announced the use of artificial intelligence in the workplace will forever change the landscape of how companies operate and the skills needed for workers to have jobs.<\p> In an article written by Forbes Technology Council member Charles Simon, it was noted that AI will replace 85 million jobs by 2025 but will create 97 million new jobs.<\p>
Xander Schauffele wins PGA Championship 2024 at Valhalla (PHOTOS)
Xander Schauffele held off a final-round charge from Bryson DeChambeau to with the 106th PGA Championship at Valhalla Golf Club in Louisville on a warm and sunny Sunday.<\p> Schauffele sunk a birdie put from six feet on the 18th hole to set a major championship record of -21 in regulation. DeChambeau had birdied the hole just minutes before to tie Schauffele.<\p>
Inside the Chase Sapphire Reserve Lounge and PGA round 3 (PHOTOS)
The temporary structures built for the 106th PGA Championship at Valhalla Golf Club are numerous and scattered throughout the grounds, but one stands above the rest (quite literally).<\p> The Chase Sapphire Reserve Lounge sits on the green of the 11th hole. At 211 yards, the par 3 is the second shortest hole on the course — but spectators can also easily see the green on the 15th hole from there as well. <\p>
What Scottie Scheffler said after his arrest, second round at Valhalla
"I feel like my head is still spinning," Scottie Scheffler said Friday afternoon in a news conference following his day two performance at the 2024 PGA Championship. <\p> His day — which didn't begin inside Valhalla Golf Club in Louisville — started with a miscommunication and chaotic traffic situation that was a result of a shuttle bus accident on Shelbyville Road that killed a pedestrian, John Mills, 69, of Crestwood, who was working the tourney.<\p>
PGA Championship spectators on Scheffler arrest, release, day 2 play
It wasn't just his golf swing that had spectators at the 2024 PGA Championships — held for the fourth time at Valhalla Golf Club in Louisville — shouting Scottie Scheffler's name across the course. <\p> On Friday morning, Scheffler was arrested by the Louisville Metro Police Department before he was set to tee off for the second round of the golf competition. The arrest came after Scheffler reportedly drove through a traffic impediment after a pedestrian had been struck and killed on Shelbyville Road by a shuttle bus. <\p>
New bakery, sweets shop opens in Germantown
A new bakery and dessert shop opened in Germantown this month.<\p> Baked AF, at 1010 Goss Ave., opened on Friday, May 10. The bakery is next to Breakfast AF and Pizza AF, two restaurant concepts that share the same space at 1008 Goss Ave.<\p>
Kentucky project lands millions in state funds
A key project that will revitalize a historic building along Madison Avenue in downtown Covington, Kentucky, received a multimillion-dollar windfall from the state. Organizers behind the effort said the funds will kick-start development with a targeted completion date set for next year.<\p> SparkHaus, a conversion of the now-vacant Sims Furniture building, received $6 million in state funding to support its build out. The estimated $15 million project, first announced in spring 2023, aims to bring together entrepreneurs, founders, investors and support organizations under one roof.<\p>
Nonprofit to break ground on $6M tech center
David Christopher launched the Academy of Music Production Education and Development (AMPED) as a summer music program for kids in 2014 with just $24,000. <\p> Ten years later, the nonprofit has 22 employees and a $4.3 million annual budget that it uses to operate a business incubator, a workforce training program and an innovation center. <\p>
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