American Airlines service to Knoxville will continue as scheduled even though the company has filed bankruptcy, a spokeswoman for the Metropolitan Knoxville Airport Authority said Tuesday.
“We anticipate flights will continue as normal and if people have tickets they will be honored,” Airport Authority spokeswoman Becky Huckabee said.
American Eagle, a subsidiary of the Forth Worth-based airline, operates 10 flights per day out of McGhee Tyson.
Today’s market rally is boosting a couple of stocks of local interest that have struggled to hold their value in recent weeks.
Shares of Maryville-based restaurant chain Ruby Tuesday were up about 3.3 percent at midday to $6.92. Shares of Green Mountain Coffee Roasters, which has a major roasting and distribution operation in Knoxville, were up about 3.6 percent to more than $51.
However, RT stock remains close to its 52-week low, and GMCR has seen its share price cut in half in the last two months. Check out these online commentaries about Kevin Clayton’s recent purchase of RT stock; and Green Mountain’s rapid price drop.
There are a lot of reasons to be disappointed with the Super Committee’s lack of common sense. But small businesses should be especially angry, says small business advocate Lloyd Chapman.
Fall out from the Super Committee’s lack of political courage “means that competition for federal contracts will heat up. And with less federal money to be had, Fortune 500 corporations are going to stake claim over all federal contracts, which represent hundreds of billions in purchases a year. This is a disaster for America’s 28 million small businesses, which employ more than half the private sector workforce,” Chapman wrote in a piece for the Huffington Post.
Read the full story here: The Super Committee punts, and the Odds Are Stacked Against Small Business
Despite a still sluggish economy, 70 percent of companies will hold holiday parties for their employees this year, according to a survey by outplacement consultancy firm Challenger, Gray & Christmas.
“The economy is not improving as fast as many had hoped. While some companies are seeing improvements, most are still stuck in first gear and continue to hold off on hiring, equipment upgrades and other big expenditures. Yet, despite the less-than-celebratory business conditions, the majority of companies refuse to abandon the year-end holiday party,” CEO John A. Challenger said in a news release.
Is your company still in a party mood?
Back to work today for the first time in nearly two months. I only had to reboot three times to get my computer working.
Frequent rebooting is a fact of life around here. Which is really fun at deadline. However, a triple reboot was better than I expected. I was prepared for an extended wrestling match.
Wading through the 2,732 emails resting in my inbox will take a lot longer.
Actually it won’t. So far I have read two. I may read a few more, but the delete button is getting a serious workout.
All things considered, it’s good to be back to work. Thanks to everyone who sent well wishes while I was home recuperating from heart surgery.