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Business

Even After Rebranding, Nashville-Based CCA Says Corrections Will Remain Core To Its Business

By Chas Sisk

November 3, 2016

Listen Corrections Corporation of America is rebranding, but officials say they’re not abandoning the company’s core business. Despite heightened criticism of for-profit prison operators, leaders of the Nashville-based firm say they’re as enthusiastic as ever.

Filed Under: Business, WPLN News Tagged With: Business, MPX Local Stories

At A Crossroads, Nashville Prison Operator CCA Faces Investors — And Critics

By Chas Sisk

November 2, 2016

Listen Corrections Corporation of America is attempting to transform. The Nashville-based prison operator is trying out new business lines. It’s shedding senior leaders. And it’s even got a new name. But as the company prepares to release its quarterly earnings Wednesday, it’s still got plenty of critics.

Filed Under: Business, WPLN News Tagged With: Business, MPX Local Stories

Nashville’s Newest Luxury Hotels Should Drive Down Prices, But It May Take A While

By Emily Siner

October 14, 2016

A photograph of a downtown Nashville hotel

Listen The new hotels opening in Nashville this month are not cheap, but tourism officials hope the increased competition will start to bring down the rates in the region, which are right now among the highest in the country. 

Filed Under: Business, WPLN News Tagged With: Business, MPX Local Stories

With Scrutiny of Private Prisons Mounting, CCA Announces Staff Cuts At Its Nashville Headquarters

By Chas Sisk

September 27, 2016

Listen Corrections Corporation of America says it’s laying off 12 percent of the workforce in its Nashville headquarters — an announcement that comes as scrutiny of private prison operators is mounting.

Filed Under: Business, WPLN News Tagged With: Business

Nashville Construction Industry’s Challenge: Getting Younger Workers Excited About The Job

By Emily Siner

September 19, 2016

Listen It’s no secret that the construction industry in Nashville is struggling to find workers. Contractors say they have more jobs than they can fill. Some even post “help wanted” signs on their construction sites. The biggest challenge, industry leaders say, is making the next generation aware of the work and prepared to do it.

Filed Under: Business, WPLN News Tagged With: Business, MPX Local Stories

What Happens To Tennessee’s Gas Prices After The Alabama Pipeline Closure? It Could Depend On You

By Emily Siner

September 18, 2016

Gov. Bill Haslam declared a state of emergency Friday to address the supply of gasoline to Tennessee, and analysts are warning that Tennessee drivers could see higher fuel prices in the coming days. This follows the closure of a major pipeline that runs through the state.  The Colonial Pipeline, which runs from the Gulf Coast […]

Filed Under: Business, WPLN News Tagged With: Business, MPX Local Stories

Price And Pace Of Nashville Home Sales Both Fall In August

By Blake Farmer

September 8, 2016

Listen Home sales in the Nashville area cooled off for a second straight month. But homebuyers may see the news as a bit of a relief.

Filed Under: Business, WPLN News Tagged With: Business

Why Tobacco Farmers In Robertson County Are Switching To Indigo

By Emily Siner

August 22, 2016

Listen Tobacco is still the biggest cash crop in many Tennessee fields, as it’s been for generations. But farmers are looking for other options that aren’t quite so difficult to grow. And some, like David Fulton in Robertson County, are turning to an unusual crop: indigo — the plant that can be used to dye denim. 

Filed Under: Business, WPLN News Tagged With: Business, MPX Local Stories

CCA Aims To Calm Investors After Federal Decision To Drop Private Prison Operators

By Chas Sisk

August 19, 2016

Listen Nashville-based Corrections Corporation of America is trying to calm investors’ nerves after the Justice Department announced it would phase out the use of private prisons. Company leaders say it’ll have less impact on CCA’s bottom line than many seem to think. They note that about half of CCA’s revenue comes from state and local […]

Filed Under: Business, WPLN News Tagged With: Business, MPX Local Stories

Middle Tennessee Leads Nation In Growth Of Advanced Manufacturing And Tech Jobs

By Tony Gonzalez

August 4, 2016

Middle Tennessee’s job growth for high-tech manufacturing and other “advanced industries” has accelerated faster than anywhere else in America, according to a new analysis from the Brookings Metropolitan Policy Program.

Filed Under: Business, WPLN News Tagged With: Business, MPX Local Stories

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