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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.



Airport shooting raises questions about guns in baggage

Posted 1/7/2017 in Business

The suspect in a deadly shooting at a Florida airport used a gun that he had stored in his checked luggage, raising questions about airport security and whether safety officials need to change the current rules.


The Sherman Business Report: Best Friends Animal Hospital opening

Posted 1/5/2017 in Business

A few changes have come to Highway 45 this week as Best Friends Animal Hospital opened Monday at 2116 Hwy. 45 N.


Building permits 1-5-17

Posted 1/5/2017 in Business


The Sherman Business Report: Columbus Ramada Inn closed

Posted 12/29/2016 in Business

The Ramada Inn in Columbus closed its doors Wednesday.


Business brief: State Fire Academy Graduates

Posted 12/29/2016 in Business



What it means if Trump names China a currency manipulator

Posted 12/29/2016 in Business

President-elect Donald Trump has vowed to name China a currency manipulator on his first day in the White House.


The Sherman Business Report: EastGate CoWork open in Columbus

Posted 12/22/2016 in Business

East Columbus gained a new business this week.


Stores push deals, hope to lure shoppers for holiday stretch

Posted 12/17/2016 in Business

Stores are pushing deals and incentives like free shipping for the final week of the holiday shopping season, as new numbers show people are so far spending at a bit of a slower pace than last year.



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