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Money NewsEarly scoop on Black Friday dealsGet a head start on your Black Friday shopping plans by doing some research ahead of time. Here's where to start. Students face 5 percent tuition hike in Tenn.Students at Tennessee's public colleges and universities could be facing a 5 percent tuition increase. AOL to lay off a third of staffAOL has already pared thousands of workers in recent years and now employs about 6,900 people. US newspaper ad revenue drops 28 pct to $6.4BAdvertising sales are the main source of newspaper income, and that revenue has declined year-over-year for 13 straight quarters. Tenn. unemployment rate remains at 10.5 percentThe Tennessee Department of Labor and Workforce Development says the state's unemployment rate remained at 10.5 percent for the second straight month in October. More members of middle class file for bankruptcyA new study finds that personal bankruptcy has become a largely middle-class phenomenon led by filers who are college-educated and owners of homes. Maryville company restores cut hours, salaries; says workers deserve itAutomobile component maker DENSO avoided layoffs by cutting pay and hours; all 2,500 full-time workers will soon be back to normal. Biofuels project keeps funding; Vonore plant set to open in DecemberState legislators voted Wednesday to continue funding a project that's drawn its share of critics: the switchgrass portion of the Tennessee Biofuels Project. Retired military officers cash in as well-paid consultantsAs "senior mentors," as the military calls them, the retired officers help run war games and offer advice to former colleagues. Some mentors make as much as $330 an hour as part-time government advisers, more than triple what their rate of pay was as high-level, active-duty officers 3 airlines extend, raise surcharges for busy daysThe $10 and $20 surcharges that air travelers are paying this Thanksgiving, Christmas and New Year's are generating so much extra money that three airlines are extending them - and increasing them up to $50 - all the way to Memorial Day. TN state parks could cut jobs, close amenities to meet budget reductionsA possible 9 percent cut in the state's environment and parks budget would slice inn, cabin and campground maintenance funds, 141 jobs - mostly seasonal and part-time workers - and could close a few pools, golf courses and restaurants. Jobless Tennesseans won't get as many extra benefitsAdditional unemployment benefits that Congress approved for the jobless earlier this month won't be as sweet as most people expected due to fine print in the law. City Council approval helps move forward Holiday Inn renovationsKnoxville City Council approved a resolution Tuesday night that will help pave the way for the renovation of a downtown hotel. Update: Morristown passes across-the-board budget cutsThe city of Morristown has slashed its budget across the board, due to declining sales tax revenue. |
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