Subscribe to Business RSS feed

Business

Lower gas prices mean bigger shopping sprees

WASHINGTON — As gas prices hover at their lowest level in years, economists and analysts have suggested that this should be good news for the retail industry. With more money in their pockets, perhaps consumers would get off the sidelines and start spending more at shopping malls and restaurants.

Contests and Promotions

Kaiser plans $5.8 million upgrade, expected to add 7 new jobs

Celebrating its fiftieth year in North Texas, Kaiser Aluminum received a six-figure birthday present from the Sherman Economic Development Corp. Tuesday morning. The SEDCO Board of Directors voted unanimously to enter into a $232,000 agreement with Kaiser to help offset the cost of a $5.8 million upgrade that will add seven jobs to its south Sherman facility.

Area sales taxes a mixed bag for September

Sales tax receipts were up for the month of September in 12 of 16 local communities, paced by especially strong growth in Whitesboro, Gunter and Van Alstyne. Overall numbers for Grayson County were up 2.2 percent for the month and 5.4 percent year-to-date.

Can Whole Foods pass earnings test?

AUSTIN, Texas — When Austin, Texas-based Whole Foods Market issues its latest earnings report Wednesday afternoon, it will cap one of the toughest years the organic foods giant has faced in its more than three decades in business.

Sherman launches small business investment program

The success of one Sherman small business has sparked opportunity and a major financial windfall for others down the line. Sherman Economic Development Corp. announced Friday that it has created what very well may be a first-of-its-kind small business investment program, through which local entrepreneurs with demonstrable success can apply for up to $100,000 in free-and-clear grant money in order to spur growth and create jobs.