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Among the litany of accomplishments the late William T. Young achieved in his lifetime was the development of one of the most illustrious broodmare bands in the Thoroughbred industry.
Louisville-based racetrack company Churchill Downs Inc. announced Wednesday that it is acquiring major online betting platform operator Youbet.com in a deal valued at $126.8 million.
The nation's unemployment rate jumped to an unexpected 10.2 percent in October, throwing 190,000 more Americans out of work, raising questions about whether the budding economic recovery will endure, and confronting President Barack Obama with a politically explosive new challenge.