BUSINESS

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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.

 

 

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

 

 

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