Texoma Headlines
Bonham auto dealership to close

Last Updated: 6:33 PM 11/21/08 - BONHAM, Tex. ― Well-known car dealership Legacy Auto Ridge in Bonham is closing because of financial problems. (Full Story)
Search for serial arsonist continues in Carter Co.

Last Updated: 5:25 PM 11/21/08 - CARTER COUNTY, OK ― The investigation continues in southern Oklahoma for what officials are calling a "serial arsonist." Investigators said Friday a second person might be aiding the arsonist. Shelby Levins has the latest. (Full Story)
Texas high school students to get credit hours for playing sports

Last Updated: 6:30 PM 11/21/08 - SHERMAN, TX ― This time next year, some student-athletes may be able to get credit to use toward graduation for playing sports. Rita Kotey talked with some school officials to find out what that means for all students, not just student-athletes. (Full Story)
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A.H. Belo completes buyouts, layoffs done soon Save Email Print
Posted: 10:53 AM Sep 5, 2008
Last Updated: 10:53 AM Sep 5, 2008

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DALLAS (AP) - A.H. Belo Corp. said today that it has completed a round of buyouts at its newspapers and that layoffs will be done by this fall.

The company made the voluntary severance offer in July and 413 employees have accepted and plan to leave the company. That includes 270 people at The Dallas Morning News, 23 at The Providence Journal in Rhode Island and 120 at The Press-Enterprise in Riverside, Calif.

The company said the buyouts will cost $11.2 million.

A.H. Belo said involuntary cuts will be completed by mid-to-late October to meet its staff reduction goals.

The combined work force reductions are expected to result in a savings of more than $29 million on an annualized basis.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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