A fraudulent tax shelter helped the Kroger Co. and several other large corporations avoid paying taxes on more than $240 million, federal prosecutors said.

General Motors' CEO Frederick "Fritz" Henderson has resigned after eight turbulent months as head of the largest U.S. automaker.

A monthly index widely used to measure local business activity has moved into positive territory for the first time in 14 months, showing strength in purchasing, new orders and production.

Express Scripts Inc. on Tuesday completed its previously announced purchase of WellPoint Inc.'s NextRx unit, which employs about 850 at a data management and customer service operation in Deerfield Township.

Delta Air Lines will trim more flights at Cincinnati/Northern Kentucky International Airport in February, eliminating direct service to five more cities. Delta previously had announced a 10 percent cut in departures in early January.

Bill Tucker has been appointed executive vice president of sales at Berman Printing in Queensgate.

The Federal Reserve is fine-tuning a strategy to reel in some of the unprecedented amount of money that's been pumped into the economy during the financial crisis.

A muddled message from Dubai has fueled worries over a possible default by the massive, debt-swamped investment conglomerate.

MOUNT VERNON -- Invoking the government's prerogative of eminent domain, the Knox County Board of Commissioners voted Monday afternoon to acquire parcels of land making up the old railroad bed that runs between Howard and Millwood.

Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren't doing enough to help borrowers at risk of losing their homes.

HOWARD -- Apple Valley has a new 500,000-gallon water storage tank completed and in use. It stands just off the U.S. 36 entrance to Apple Valley.

Cintas Corp. will announce a $250,000 apparel donation this morning to Dress for Success Worldwide, the international non-profit helping disadvantaged women achieve self-sufficiency.

MOUNT VERNON -- Keith Bailey, outgoing director of the Delaware-Knox-Marion-Morrow Solid Waste District, met with the Knox County Commissioners on Monday to advise them on the status of a number of facilities and issues before he left the position.

Duke Energy and the National Wild Turkey Federation have teamed up to create wildlife areas along transmission line rights-of-way in local public parks.

CENTERBURG -- An investigation into the Nov. 12 fire which took the life of Columbus resident Jeffrey Hurst, 47, at 1396 Oliver Road has concluded without a final determination as to what started the fire, or whether the fire was

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MOUNT VERNON -- For the fourth year in a row, the Mount Vernon Fire Department will be sponsoring the Christmas for Kids toy drive.

Paul Brophy has been promoted to executive director for UnitedHealthcare of Kentucky and Southwest Ohio. Brophy was named executive in Southwest Ohio in 2006 and his role has expanded to include Kentucky. Prior to joining the company he served as

MOUNT VERNON -- A Mount Vernon man remains hospitalized following a shooting Sunday outside of Martinsburg.

MOUNT VERNON -- The families whose children were injured by a horse during the Mount Vernon Christmas Parade on Saturday afternoon say they are thankful for the help of some good Samaritans after the accident.