VOL. 128 | NO. 252 | Monday, December 30, 2013
The Memphis office real estate market began showing signs of life in 2013, with the market for Class A office space in the East Memphis submarket fueling the resurgence.
Memphis hotel market battles sluggish 2013
The Memphis hotel market is being classified as somewhat sluggish in 2013 because of slower than anticipated convention traffic, but hotels such as the Memphis Marriott East and Downtown’s Madison Hotel reported busier second halves of the year.
Standard & Poor’s, one of the big three bond-rating agencies, has assigned a AA rating to the city’s general obligation bonds and the revenue bonds proposed for use in a city purchase of AutoZone Park, and has given the city’s financial health a “stable” outlook on both fronts.
The first Tunica Furniture Market is ramping up to descend on Gold Strike Casino Resort and Harrah’s Tunica Jan. 8-9, with approximately 60,000 square feet of showroom space displaying furniture available for purchase by retailers.
Literacy Mid-South is preparing to turn the page on 2013 and begin a new year and new chapter in the group’s story.
In an industrial park in Southeast Memphis is a facility that can best be described as an “adult jungle gym.”
The renowned architect Frank Lloyd Wright, when asked which one of the many buildings he designed was his favorite, without hesitation replied, “My next one.” The new year that stretches out in front of us has the same potential to be the best yet, for Memphis and for each of us.
CHICAGO (AP) – The Tribune Co. said Friday that it has completed its $2.73 billion acquisition of Local TV Holdings LLC.
CUPERTINO, Calif. (AP) – Apple CEO Timothy Cook received a compensation package valued at nearly $4.3 million this year, up slightly from 2012.
LOS ANGELES (AP) – Despite a string of summertime flops, Hollywood is expected to have a banner year at the domestic box office, coming in just shy of $11 billion, the largest annual take ever. But because of higher ticket prices, actual attendance at North American theaters remained flat after a decade of decline.
NEW YORK (AP) – The heated debate over the National Security Agency's bulk collection of millions of Americans' telephone records fell squarely into the courts Friday, when a federal judge in Manhattan upheld the legality of the program and cited its need in the fight against terrorism just days after another federal judge concluded it was likely not constitutional.
WASHINGTON (AP) – The government churns out tons of numbers, but here's one you won't see: 0.0002. That's the percentage of estimated online visitors to healthcare.gov who actually signed up for coverage the first day.