BUSINESS

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Ford to cut jobs as sales level off, stock price lags

Posted 5/18/2017 in Business

Ford is getting leaner as it faces an onslaught of challenges, from slowing U.S. sales to high-tech challengers to its own disgruntled shareholders.

 

The Sherman Business Report: Coffee House on Fifth opens on CAFB

Posted 5/11/2017 in Business

Coffee House on Fifth celebrated the opening of a new location on the Columbus Air Force Base May 5.

 

Christie's: Global sales of luxury homes cooled in 2016

Posted 5/11/2017 in Business

Global luxury home sales cooled off in 2016 for the second consecutive year, even with a record number of homes selling for more than $100 million.

 

The Sherman Business Report: Tipp Topp Wings & BBQ opening next week

Posted 5/4/2017 in Business

The former home of Pig Out and Danny's Southern Diner, 512 Alabama St., will soon host a new barbecue and wing restaurant.

 

Lawmakers to airlines: Improve service or Congress steps in

Posted 5/3/2017 in Business

The chief executive of United Airlines apologized Tuesday on Capitol Hill for an incident in which a passenger was dragged off a flight, calling it "a mistake of epic proportions" as frustrated lawmakers warned airline executives to improve customer service or face congressional intervention.

 

 

US economy expanded at weakest pace in 3 years

Posted 4/29/2017 in Business

The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending.

 

The Sherman Business Report: Steel Monkey Crossfit's new owners

Posted 4/27/2017 in Business

Bill and Loren Seres sold Steel Monkey Crossfit to Luke and Brittany Strohl on April 1.

 

Building permits 4-27-17

Posted 4/27/2017 in Business

 

 

White House: Trump won't immediately pull out of NAFTA

Posted 4/27/2017 in Business

President Donald Trump has told the leaders of Mexico and Canada that he will not pull out of the North American Free Trade Agreement at this time, just hours after administration officials said he was considering a draft executive order to do just that.

 

 

United raising limit on payments to bumped flyers to $10K

Posted 4/27/2017 in Business

United Airlines says it will raise the limit -- to $10,000 -- on payments to customers who give up seats on oversold flights and will increase training for employees as it deals with fallout from the video of a passenger being violently dragged from his seat.

 

 

Wells Fargo to face irritated shareholders at annual meeting

Posted 4/25/2017 in Business

Wells Fargo's top management and board of directors will face irritated investors Tuesday for the first big shareholder meeting since the scandal over the bank's sales practices led to an executive shake-up, fines and a dented reputation.

 

 

Judge orders Volkswagen to pay $2.8B in emission scandal

Posted 4/22/2017 in Business

A judge on Friday ordered Volkswagen to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests, blessing a deal negotiated by the government for a "massive fraud" orchestrated by the German automaker.

 

The Sherman Business Report: Jerry's Music in Columbus moved

Posted 4/20/2017 in Business

Jerry's Music in Columbus has moved a few doors down on Hwy. 45.

 

Secretary of state updates Mississippi business info website

Posted 4/20/2017 in Business

A state official says he is providing detailed market information to people thinking of starting a business in Mississippi.

 

 

Major changes coming to how your credit score is calculated

Posted 4/20/2017 in Business

The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers.

 

 

Trump pick for Commerce's No. 2 withdraws, blames conflicts

Posted 4/20/2017 in Business

President Donald Trump's pick for deputy commerce secretary has withdrawn from consideration.

 

 

Regions Bank expanding operation in south Mississippi

Posted 4/18/2017 in Business

Regions Bank announced Monday that is will build a 75,000-square-foot operations center that could open by early 2019 in Hattiesburg, Mississippi.

 

The Sherman Business Report: Holiday Inn Express to host job fair

Posted 4/13/2017 in Business

Construction on the Holiday Inn Express & Suites located at 2000 Sixth St. N. is wrapping up with plans to open in June.

 

Airlines pushing back on talk of banning overbooking flights

Posted 4/13/2017 in Business

With the federal government and a Senate committee looking into the dragging of a man off a United Express flight, airlines are beginning to speak up against any effort to bar them from overselling flights.

 

 

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