Business news

Traffic alert: Gas giveaway near MTSU on Friday

Sep 18, 2014

MURFREESBORO, Tenn. (WMOT)  --  Murfreesboro residents are used to traffic being heavy around the Middle Tennessee State campus, but things might get especially hectic Friday morning.

Locally owned Wilson Bank and Trust will be giving away $20 worth of free gas to the first 200 customers to show up at the Shell station located at the corner of Greenland Drive and Middle Tennessee Blvd. beginning at 11 a.m.

Wilson Bank and Trust Regional President Barry Buckley says the promotion is intended to highlight the lower banking fees generally charged by community banks.

Is Tennessee still technology challenged?

Sep 18, 2014

MURFREESBORO, Tenn. (WMOT)  --  A new survey suggests Tennessee is keeping pace with the nation as a whole in the area of technology adoption and broadband internet access.

A public–private partnership called Connected Tennessee commissioned the survey. It reveals that 81 percent of the state’s businesses have broadband internet access, up 5 percent in a single year and slightly better than the national average.

The survey also indicates that Tennessee companies are pulling in more than $37 billion a year in online sales alone.

MURFREESBORO, Tenn. (AP) — Middle Tennessee State University is changing its financial aid package to encourage students to graduate in four years.

The university announced on Wednesday that it will supplement the Hope Lottery Scholarships of incoming students who stay on track to graduate. The school will pay $500 to Hope scholarship students after each of their first two years.

The school also will pay what it calls a "Finish Line Scholarship" to graduating seniors. That scholarship will return any tuition increases the student paid over the four years.



MEMPHIS, Tenn. (AP) — FedEx says it will raise U.S. rates for express, ground and home-delivery shipments by an average of 4.9 percent in January.


The company says that rates also will change for FedEx SmartPost, which uses the U.S. Postal Service for final delivery, although it isn’t saying by how much.

The Memphis company says the express increase will apply to deliveries in, to or from the U.S. FedEx Freight will also boost prices an average of 4.9 percent within North America.

Consumer survey says: Time to buy a car?

Sep 12, 2014

MURFREESBORO, Tenn. (WMOT)  --  A report out this week shows that mid-state consumers are feeling increasingly confident about the local economy.

Dr. Tim Graeff of Middle Tennessee State University says the latest Middle Tennessee Consumer Index rose 23 points to 226.  He says the index has now scored above 200 for two consecutive quarters, something that hasn’t happened since before the economy crashed in 2008.