As the world economy recovers, company owners and executives are seeing accelerating price increases for many of the goods and services they purchase from suppliers.  At the same time, these managers are contemplating how much of the increases they can pass on to their own customers. Recently released statistics from the U. S. Department of [...]

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The Kentucky Racing Commission recently approved a $5 per-mount fee increase for jockeys whose horses finish fifth or lower in races with purses of less than $10,000.  This change brings the minimum compensation to $50 for an also-ran result. There are several ways to look at this 11 percent increase in compensation. First, racehorse owners [...]

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Mr. Pope is the founder of Pope Advertising Agency in Lexington, Kentucky. One Thursday in April of 1979, Keeneland president Ted Bassett let me use his box to entertain an NBC executive. He knew I was trying to sell the television rights to what is now the Rolex 3-Day Event. I was not involved with [...]

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