2015-12-27

The week in numbers

10: Number of Chick-Fil-A restaurants in a Tulsa area if a association builds one in Claremore. It resolved to buy land along Lynn Riggs Boulevard between Pizza Hut and Advance Auto Parts.

4: Attempts by a city of Tulsa to auction off a Sinclair Building, 6 E. Fifth St., before a owners of a property, C.J. Morony, resolved to compensate his debt to a city. The skill had amassed $274,561.32 in delinquent taxes and fees.

22: Percent of surveyed employees inhabitant who design to accept a holiday reward this year, according to a consult from bankrate.com. Just 12 percent design to accept a compensate lift this holiday season.

Quotable

“I consider what a lot of people are doing is comparing airfares and a cost of driving, and pushing is winning a cost battle.”

– Chuck Mai, AAA Oklahoma, on a increasing series of holiday travelers on a highway instead of by atmosphere for a Christmas season.

Posted: Sunday, Dec 27, 2015 12:00 am

Week in review: More than 100 million Americans likely to transport for holidays

By CASEY SMITH SAMUEL HARDIMAN World Business Writers

TulsaWorld.com

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More than 100 million to transport for holidays

Nearly one in 3 Americans will transport this Christmas season, with 100.5 million approaching to tour 50 miles or some-more divided from home, according to recently expelled estimates from automobile bar AAA.

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If a projection pans out, 2015 will be a initial year on record that a series of year-end holiday travelers will tip 100 million. The foresee also represents a 1.4 percent boost over a series of holiday travelers final year.

The reduce gasoline prices sum with a resilient economy in many tools of a nation are pushing a record estimates, AAA Oklahoma orator Chuck Mai said.

Roughly 90 percent of those travelers — 91 million nationally — are approaching to expostulate this year.

Mai pronounced that a commission of sum travelers approaching to expostulate during a year-end holidays is on a high finish this year — customarily 86 to 90 percent of travelers expostulate to their destinations during this time of a year.

— CASEY SMITH, World Business Writer

ONEOK Inc. and ONEOK Partners announced their 2016 financial guidances early Monday morning, sparking poignant increases in common batch and per-unit prices for a Tulsa-based businesses by market’s close.

ONEOK Inc.’s common batch (NYSE: OKE) sealed during $21.85 on Monday, adult 15.43 percent compared to Friday’s shutting cost of $18.93 per share.

ONEOK Partners (NYSE: OKS) sealed during $27.10 per unit, adult 18.7 percent compared to Friday’s prior tighten of $22.83 per unit.

“ONEOK and ONEOK Partners unequivocally distant themselves from a ravel today,” pronounced Tulsa-based financial researcher Jake Dollarhide, co-founder and CEO of Longbow Asset Management.

In this environment, anything that is energy-related and is positive, like ONEOK and ONEOK Partners guidance, stands out from a crowd, Dollarhide said.

ONEOK is a ubiquitous partner of master singular partnership ONEOK Partners LP, that owns one of a nation’s premier healthy gas liquids systems, joining NGL supply in a Mid-Continent, Permian and Rocky Mountain regions with pivotal marketplace centers.

ONEOK Partners is a personality in a gathering, processing, storage and travel of healthy gas in a U.S.

— CASEY SMITH, World Business Writer

The Great Recession finished utterly some time ago, though a resale selling bang it gave birth to hasn’t and it’s continued to grow in Tulsa.

One of a heading estate sale companies now has a semi-permanent storefront and a inhabitant resale franchise, Uptown Cheapskate, and non-stop a doors during 8228 E. 61st St. final week.

The tarnish compared with a resale marketplace dissolute during a recession, pronounced Shannon Wilburn, co-founder of Just Between Friends, a Tulsa-based association that specializes in children’s shipment toys and wardrobe sale events.

“They have to make their dollar widen serve than they did before a retrogression … . That’s a pushing force behind because there is no longer stigma,” Wilburn said.

“We gained a good understanding of new consumers during a recession,” pronounced Adele Meyer, executive executive of NARTS: The Association of Resale Professionals. “We’ve always been a recession-proof industry.”

Uptown Cheapskate is among some-more than 40 locations a company, that sells authorization rights, has nationwide. It’s a second in Oklahoma after a initial non-stop in Norman.

Katy Vassaur, a ubiquitous manager of a store, pronounced it facilities brands such as LuLulemon, Michael Kors, Coach, Kate Spade, Forever 21, Express, Ann Taylor and Ralph Lauren. She pronounced a store’s aim marketplace is both genders ages 18 to 40 who typically save between 50 to 70 percent off of sell price.

— SAMUEL HARDIMAN, World Business Writer

The Tulsa Regional Chamber recently resolved a second era of a long-term mercantile expansion program, Tulsa’s Future, and formula embody goal-surpassing pursuit origination and collateral investment in northeast Oklahoma.

Since 2011, 28,814 jobs have been announced by a Tulsa’s Future II program, according to a Tulsa Regional Chamber.

Of those new jobs, 15,355 met a program’s aim of profitable an annual income of $50,000 or greater. Due to a success of Tulsa’s Future II, during 2013 a initial idea of formulating 10,000 high-wage jobs for a program’s five-year tenure was increasing to 15,000 jobs that compensate $50,000 or more.

During a five-year lifespan from 2011-2015, Tulsa’s Future II also combined scarcely $2 billion in collateral investment in northeast Oklahoma — double a program’s strange investment goal.

Tulsa’s Future began in 2006, and a initial five-year proviso of a module focused on pursuit captivate in a Tulsa metro.

Tulsa’s Future II directed to enlarge a strange devise to benefit a rival foothold, in further to expanding a concentration of mercantile expansion to ring a whole region. The devise centered a efforts on aim attention sectors with a biggest intensity to emanate new jobs, generating certain pursuit expansion and investment in a region.

— CASEY SMITH, World Business Writer

Adam Daigle 918-581-8480

​Follow Adam Daigle on Twitter during @adamdaigleTW

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