VOL. 128 | NO. 241 | Wednesday, December 11, 2013
Memphis-based AutoZone Inc. saw its profit rise 7.2 percent during the company’s just-ended fiscal first quarter, a strong start to the company’s new year that equated to a $14.6 million increase in net income over the same period in 2012.
RocketFuel hitting stride as it makes bigger plans for 2014
The fun, quirky vibe found at Memphis-based Web design company RocketFuel is readily apparent via things like remote-controlled helicopter jousting sessions between employees, and life-sized cutouts of figures like Spock in the office.
Shelby County Schools board members approved an agreement with the forming Germantown Schools municipal district Tuesday, Dec. 10, that SCS superintendent Dorsey Hopson said kicks off a period of even greater change for public education in Memphis.
Two days after Memphis City Council members again delayed approval of a deal for city ownership of AutoZone Park, Shelby County Commissioners are to discuss the county’s part of the arrangement in their committee sessions.
Southwest Airlines provided everyone in the nearly 1,000-person crowd at the Greater Memphis Chamber’s annual chairman’s luncheon Tuesday, Dec. 10, with a voucher worth $100 to use on a flight.
In an effort to enhance expertise in patent cases among U.S. district judges, the 10-year Patent Pilot Program went into effect assigning patent cases to 14 federal district courts in 2011. The U.S. District Court for the Western District of Tennessee was one of those courts chosen.
Memphis City Council members received some more answers Monday, Dec. 9, to their questions about the proposal for the city to buy AutoZone Park. But some of those answers were different than the ones they got to the same questions last week.
Quincy Pondexter met with the media before the Monday, Dec. 9, game against the Orlando Magic at FedExForum. In a hallway outside the Grizzlies’ locker room, using crutches to move in front of cameras and tape recorders. This is how it goes these days.
Heidi Scartozzi has joined the Hilton Memphis, managed by Davidson Hotels & Resorts, as director of sales. Scartozzi is a 15-year hospitality veteran, most recently serving as a regional director of sales for JQH Hotels and Resorts, servicing 13 hotels on the West Coast.
Ray’s Take What’s the right portfolio balance for you? There are no stock answers (no pun intended). The makeup of your personal stock, bond and investment portfolio balance is as individual as your fingerprints. It depends on your age, the number of kids you have, your fixed and discretionary costs, your income, risk tolerance, your health, your spending habits, and much more – not to mention your specific financial goals.
WASHINGTON (AP) – U.S. regulators have taken a major step toward reining in high-risk trading on Wall Street, banning the largest banks from trading for their own profit in most cases.
WASHINGTON (AP) – U.S. wholesale businesses boosted their stockpiles in October by the most in two years as their sales rose sharply, encouraging signs for economic growth in the final three months of the year.
The E.W. Scripps Co., which owns newspapers and TV stations, said Monday that it bought video news startup Newsy for $35 million to help it enter the digital video business.
WASHINGTON (AP) – The Supreme Court won't decide the legality of an agreement between a union and a Florida casino in which the business helped the union organize in return for help with a ballot initiative on gambling.
WASHINGTON (AP) – President Barack Obama's choice to head the Internal Revenue Service told senators Tuesday he will work to restore public trust in the agency in the wake of the tea party scandal even as the IRS takes on new responsibilities administering the president's health care law.
WASHINGTON (AP) – Republican and Democratic negotiators reached out for a budget agreement Tuesday to reduce automatic spending cuts aimed at programs ranging from parks to the Pentagon, risking a backlash from liberals and conservatives that highlighted the difficulty of compromise within divided government.
WASHINGTON (AP) – It's that time of year again: doctors caring for Medicare patients once more face a steep pay cut. But this time Congress is pursuing a permanent fix to the annual drama that has undermined the medical profession's confidence in the nation's premier health program.
SAN FRANCISCO (AP) – Even as Silicon Valley speaks out against the U.S. government's surveillance methods, technology companies are turning a handsome profit by mining personal data and peering into people's online habits.