MICROSOFT TO LAY OFF OVER 9,000 WORKERS; MULTIPLE PROJECTS CANCELLED
Microsoft announced layoffs affecting approximately 9,000 workers, about 4% of its 228,000-strong workforce as of June 2024. This is the company's largest layoff in over two years and its second mass ...
KROGER TO CLOSE AROUND 60 STORES OVER THE NEXT 18 MONTHS
Kroger plans to close about 60 stores across the U.S. over the next 18 months to streamline operations and improve efficiency, as announced in its June 2025 earnings report. The closures, which incurr ...
GENERAL MOTORS TO INVEST $4 BILLION AT TENN. PLANTS
General Motors (GM) has announced a $4 billion investment over the next two years to enhance production capabilities at its manufacturing plants in Tennessee and other U.S. states, with the goal of as ...
NINTENDO SWITCH 2 BREAKS FASTEST SELLING CONSOLE RECORD
The Nintendo Switch 2 has officially become the fastest-selling home video game console ever, according to multiple news outlets, with 3.5 million units sold in its first four days on the market, foll ...
UPS TO CUT 20,000 JOBS AND OVER 70 FACILITIES
UPS plans to cut around 20,000 jobs and close over 70 facilities by June as part of a major reduction in handling Amazon shipments, which will drop by over 50% by mid-2026. CEO Carol Tomé stated these ...
CONSTRUCTION BEGINS ON NEW TARGET AND HOME DEPOT IN COOKEVILLE
Construction has started on The Willows, a new retail center at 1100 South Willow Avenue in Cookeville, with a groundbreaking ceremony attended by city and county officials and CHM, LLC. The developme ...
JACK IN THE BOX PLANS TO CLOSE OVER 150 LOCATIONS; MAY ALSO SELL DEL TACO
Jack in the Box plans to close 150-200 underperforming stores (10% of its 2,200 locations) by 2025 to improve cash flow and reduce $300 million in debt over two years. The company is also consideri ...
B.W.X. TECHNOLOGIES TO ESTABLISH CENTRIFUGE ASSEMBLY FACILITY IN OAK RIDGE
Governor Bill Lee and Commissioner Stuart C. McWhorter announced a grant for BWXT Enrichment Operations, LLC to establish a centrifuge assembly manufacturing facility in Oak Ridge, Tennessee. BWXT wil ...
ALL LOWE’S LOCATIONS TO CLOSE FOR EASTER SUNDAY
Lowe’s announced they will close all 1,751 stores nationwide on Easter Sunday, April 20, 2025, to give employees a paid day off. Lowe's typically closes on holidays like Thanksgiving and Christmas. ...
DON MOUL SELECTED FOR TVA PRESIDENT AND CEO
KNOXVILLE, Tenn. — The Tennessee Valley Authority Board of Directors selected Don Moul to serve as President and Chief Executive Officer of the nation’s largest public power utility, effective April 9 ...
DOLLAR TREE TO SELL FAMILY DOLLAR FOR $1 BILLION
Dollar Tree Inc. has agreed to sell its struggling Family Dollar chain to private equity firms Brigade Capital Management and Macellum Capital Management for $1 billion. The sale comes after a decade ...
PUTNAM AND ROANE COUNTY BIG LOTS TO RE-OPEN; NO DATE SET FOR PUTNAM
From Putnam County Mayor Randy Porter: "Good news! The Cookeville Big Lots Store will be re-opening soon! Variety Wholesalers purchased several hundred of the stores recently and the Cookeville s ...
