Large hail, high winds and heavy rain are possible throughout the morning into Tuesday afternoon. Please check in with News 12 throughout the day for weather updates ... both On Air, On-Line at KXII.com, Twitter and Facebook.
Texas Instruments cutting 1,700 wireless unit jobs
NEW YORK (AP) - Texas Instruments Inc. will eliminate about 1,700 jobs as it trims spending in its wireless business.
The Dallas-based chipmaker made the announcement Wednesday. The cuts will reduce TI staff positions by almost 5 percent.
Texas Instruments expects the job cuts and other changes will save about $450 million per year by the end of 2013. TI will take $325 million in one-time charges connected to the moves. Most will come in the current quarter.
The company is shifting the focus of its wireless investments to industrial and automotive customers and away from smartphones and tablets.
TI had nearly 35,000 employees at the end of 2011.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More
Posted: 05/07/13 - DURANT, Okla. – Regent Terry Matlock will deliver remarks at Southeastern Oklahoma State University’s Spring Commencement, scheduled for Saturday, May 11, at Paul Laird Field. The ceremony (for all schools) will begin at 10 a.m. A reception will follow at 11:30 a.m. in the Visual & Performing Arts Center. Read More
Posted: 05/06/13 - SHERMAN, TEXAS—Members of the Austin College Class of 2013 are counting down the days until graduation—with both excitement and trepidation. Austin College President Marjorie Hass will present diplomas to more than 340 bachelor’s degree candidates and 18 Master of Arts in Teaching degree candidates who will take part in graduation events May 18 and 19 on campus. Read More
