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1. Frontier Airlines Sold to Ultra-Cheap Airline Investor
- Wednesday, October 02, 2013
Frontier Airlines is being sold to William Franke, a pioneer of the cheap tickets and high fees airline business that has spread overseas and is growing in the U.S.
Franke is the former chairman of Spirit Airlines, which has earned consistent profits by jamming more seats on its planes and charging extra for things that other airlines do for free, such as printing a boarding pass at the airport, or using the overhead bin.
2. Lowe's Third-Quarter Net Income Climbs on Fewer Charges
- Wednesday, November 21, 2012
NEW YORK (AP) – Lowe's Cos. reports its third-quarter net income surged 76 percent, helped by lower costs and higher revenue, as the company's efforts to revamp its merchandise and prices appeared to be gaining traction.
3. Buffett Says General Economy Slowing This Summer
- Friday, July 13, 2012
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Thursday that U.S. economic growth has slowed in the last two months as fears about Europe's debt woes mounted.
Buffett's comments during an interview Thursday on the cable TV network CNBC contrast with what he has been saying for a couple years. Buffett has said the economy was gradually improving since the fall of 2009 in every area except businesses related to housing.
4. WellPoint Buying Amerigroup for About $4.46B
- Tuesday, July 10, 2012
INDIANAPOLIS (AP) – Health insurer WellPoint Inc. will raise its stake in a market poised for substantial growth with its $4.46 billion acquisition of Medicaid coverage provider Amerigroup Corp.
5. B&N, Microsoft Team Up on Nook, College Businesses
- Tuesday, May 01, 2012
NEW YORK (AP) – Books and bits united Monday as Microsoft provided an infusion of money to help Barnes & Noble compete with top electronic bookseller Amazon. In exchange, Microsoft gets a long-desired foothold in the business of e-books and college textbooks.
6. Twitter Changes Business of Celebrity Endorsements
- Friday, November 04, 2011
NEW YORK (AP) – Rapper Snoop Dogg gave props on Twitter to an ad for the Toyota Sienna minivan. Actress Tori Spelling linked to a website for rental cars. And reality TV star Khloe Kardashian soliloquized about the brand of jeans that accentuates the famous Kardashian derriere.
7. Groupon's Fall to Earth Swifter Than its Fast Rise
- Monday, October 24, 2011
NEW YORK (AP) – Only a few months ago, Groupon was the Internet's next great thing. Business media christened it the fastest growing company ever. Copycats proliferated. And investors salivated over the prospect of Groupon going public.
8. McDonald's Sales Climb, But Gains Weaken in May
- Thursday, June 09, 2011
OAK BROOK, Ill. (AP) – Sales of McDonald's fruit and maple oatmeal and drinks like frozen strawberry lemonade pushed the fast-food chain's revenue at restaurants open at least 13 months up 3.1 percent in May.
9. Consumer Confidence Rises Slightly in October
- Wednesday, October 27, 2010
NEW YORK (AP) — Americans’ confidence in the economy stayed stuck in gloomy territory in October, with Wall Street’s gains in recent months not boosting spirits much.
Coaxing shoppers out of their shells will be the major challenge for retailers heading into the holiday season. That could mean they’ll be continuing to push big discounts.
10. MGM Mirage Posts Smaller Q4 Loss
- Friday, February 19, 2010
LAS VEGAS (AP) - Cutting costs helped casino operator MGM Mirage narrow its fourth-quarter loss as its $8.5 billion CityCenter complex opened on the Las Vegas Strip, but the loss it reported Thursday was greater than analysts expected.
11. Reader's Digest Files Ch. 11 Bankruptcy Protection
- Tuesday, August 25, 2009
Reader's Digest Association Inc., publisher of the iconic general interest magazine that began gracing American homes in 1922 and now reaches a worldwide audience of 130 million, filed for Chapter 11 bankruptcy protection Monday as it faces falling print circulation in the Internet age and looming debt payments.
12. Retailers' Results Top Estimates; Wariness Remains
- Wednesday, August 19, 2009
NEW YORK (AP) - Target Corp. and Home Depot Inc. on Tuesday posted lower profits that still topped Wall Street expectations, but economic worries are likely to keep shoppers tight-fisted in the months ahead, executives predicted.
13. Starwood Q2 Profit Rises on Cuts, Tax Benefit
- Friday, July 24, 2009
CHICAGO (AP) - Starwood Hotels & Resorts Worldwide Inc. said Thursday that a foreign tax incentive and cost cuts helped boost its second-quarter profit 28 percent.
The increase, which pushed earnings above analyst expectations, came even as Starwood's worldwide revenue per available room – a key hotel metric commonly called revpar – slid sharply as business and leisure travel slipped in the recession.
14. Auto Parts Maker Lear Corp. Files for Chapter 11
- Wednesday, July 08, 2009
NEW YORK (AP) - Automotive parts supplier Lear Corp. filed for bankruptcy protection on Tuesday after receiving support it needed from lenders and bondholders to reorganize its struggling business.
15. Home Depot Q1 Profit Rises on Fewer Charges
- Wednesday, May 20, 2009
CHICAGO (AP) - The Home Depot Inc. said Tuesday that its fiscal first-quarter profit climbed 44 percent on fewer charges, and the nation's largest home improvement retailer beat Wall Street's expectations despite lower sales.
16. Wells Fargo Projects Record $3 Billion Q1 Profit
- Friday, April 10, 2009
NEW YORK (AP) - Wells Fargo & Co. said Thursday it expects record first-quarter earnings of $3 billion, easily surpassing analysts' estimates and providing an encouraging sign for the banking industry.
17. Treadway Joins Thomas & Betts as Senior VP for Electrical Business
- Wednesday, March 25, 2009
Charles L. Treadway has joined Thomas & Betts Corporation in the newly created position of senior vice president, group president – electrical. Treadway will provide strategic and operational leadership to the company’s electrical products businesses on a global basis. The electrical segment of Thomas & Betts has approximately 60 manufacturing and distribution facilities in 11 countries and employs approximately 8,000 associates worldwide. The electrical segment reported $2.1 billion in revenues in 2008. Treadway previously served as president and chief executive officer for the Custom Sensors and Technology unit of Schneider Electric.
18. Sears Q4 Profit Falls 55 Percent on Charges
- Friday, February 27, 2009
CHICAGO (AP) - Struggling retailer Sears Holdings Corp. said Thursday its fourth-quarter profit dropped by more than half as charges for store closings, valuation declines and severance dragged down results.
19. Home Depot Reports 4th-Quarter Loss of $54M
- Wednesday, February 25, 2009
CHICAGO (AP) - The Home Depot Inc., which has suffered under the weight of the collapsing housing market, reported a fiscal fourth-quarter loss of $54 million Tuesday mostly due to its plan to shut its four smaller home-improvement brands.
20. Lowe's Q4 Profit Falls Along with Housing Market
- Monday, February 23, 2009
CHICAGO (AP) - The dismal housing market dragged down fourth-quarter profits at Lowe's Cos. Inc. by 60 percent, and executives at the home improvement chain said they see little hope of a substantive fix from a federal effort aimed at helping struggling homeowners.
21. Time Warner Swings to Q4 Loss on Hefty Writedown
- Thursday, February 05, 2009
LOS ANGELES (AP) - Media and entertainment giant Time Warner Inc. reported a fourth-quarter loss, hurt by a previously expected $24.2 billion writedown for its cable, publishing and AOL assets.
22. Pogue to Lead Public Affairs For Local Corps of Engineers
- Wednesday, September 03, 2008
Jim Pogue has been selected chief of the Public Affairs Office of the U.S. Army Corps of Engineers, Memphis District.
Pogue has worked for the Corps of Engineers for more than 19 years in public affairs positions. Pogue will be responsible for managing the Memphis District’s public information, internal communications and community relations programs.
23. Judge Larry Potter Receives KAB Award
- Wednesday, January 03, 2007
Larry E. Potter, presiding judge of the Memphis/Shelby County Environmental Court, has received Keep America Beautiful's (KAB) Iron Eyes Cody Award. The award was named in honor of KAB's landmark public awareness campaign of the 1970s, "People Start Pollution. People Can Stop It," which featured the iconic face and tear of Iron Eyes Cody and is credited with awakening the environmental consciousness of an entire generation. Potter became the first Environmental Court judge in Memphis and Tennessee in 1983. During that year, he helped create the court.
24. Archived Article: Tech Focus St
- Wednesday, December 20, 2000
By SUZANNE THOMPSON Doctor-developed software helps automate offices By SUZANNE THOMPSON The Daily News Staff members at Dr. George Woodbury Jr.s office shook heads and shrugged shoulders when they read an article in an October issue of a local pape...