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Retailers increase fight against tax proposal

Posted 2/2/2017 in Business

More than 100 retailers including Wal-Mart and Target as well as key trade associations are launching a new coalition aimed at fighting a Republican proposal on how imports get taxed, a measure they believe would harm their businesses.



US auto sales start 2017 on down note; improvement expected

Posted 2/2/2017 in Business

U.S. auto sales lagged in January as buyers recovered from holiday spending sprees, but the slowdown won't last long.



US economic growth slowed in Q4, but there's hope ahead

Posted 1/28/2017 in Business

The U.S. economy lost momentum in the final three months of 2016 as a downturn in exports temporarily depressed activity.



VW diesel owners complain of buyback delays

Posted 1/27/2017 in Business

Volkswagen's efforts to do right by owners who unknowingly purchased cars and SUVs that cheat on emissions tests have run into some speed bumps.



How did the Dow get to 20K? Think Goldman, Boeing and IBM

Posted 1/27/2017 in Business

Dow 20,000 wasn't exactly a team effort.


The Sherman Business Report: Party and Paper moves to Main Street

Posted 1/26/2017 in Business

Another change has come to Main Street in Columbus this week, as Party and Paper, previously on Fifth Street, relocated.


Building permits 1-26-17

Posted 1/26/2017 in Business



Raytheon won't try to build jet; project was in Miss.

Posted 1/26/2017 in Business

Raytheon Co. said Wednesday that it and a partner are backing out of competition to build a U.S. Air Force training jet.


A Little of Everything consignment shop moves downtown

Posted 1/19/2017 in Business

The landscape of both downtown Columbus and Starkville is changing little by little.


Building permits 1-19-17

Posted 1/19/2017 in Business



Renasant to buy bank for $190M, boost assets more than $10B

Posted 1/19/2017 in Business

Renasant Corp. announced Tuesday that it's buying Metropolitan BancGroup for $190 million in stock.



Foreclosed mall once valued at $190M is auctioned for $100

Posted 1/19/2017 in Business

A Pennsylvania mall that was foreclosed on after its owners failed to repay $143 million has been auctioned off for $100.



Netflix's shrinking DVD service faces uncertain future

Posted 1/19/2017 in Business

Originally cast in a starring role, Netflix's original DVD-by-mail service has been reduced to a bit player -- one that may eventually get killed off as the company focuses on its booming video streaming service.



For driverless cars, a moral dilemma: Who lives or dies?

Posted 1/19/2017 in Business

Imagine you're behind the wheel when your brakes fail. As you speed toward a crowded crosswalk, you're confronted with an impossible choice: veer right and mow down a large group of elderly people or veer left into a woman pushing a stroller.



Takata agrees to guilty plea, will pay $1B for hiding defect

Posted 1/14/2017 in Business

Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for a years-long scheme to conceal a deadly defect in its automotive air bag inflators.



Judge denies bail for indicted Volkswagen executive

Posted 1/13/2017 in Business

A Volkswagen AG executive indicted in the company's U.S. emissions scandal who was arrested in Miami while on vacation was denied release on bail Thursday by a judge who found it was too likely he would flee home to Germany.


The Sherman Business Report: New dental clinic replacing former Cadence Bank

Posted 1/12/2017 in Business

Construction work has begun in North Columbus on the former Cadence Bank location next to Captain D's in preparation for an Aspen Dental Clinic.


6 VW employees indicted in emissions scandal; VW fined $4.3B

Posted 1/12/2017 in Business

Six high-level Volkswagen employees from Germany were indicted in the U.S. on Wednesday in the VW emissions-cheating scandal, while the company itself agreed to plead guilty to criminal charges and pay $4.3 billion -- by far the biggest fine ever levied by the government against an automaker.



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