Editorial Results (free)
1.
Airport Passes $127.3 Million 2014 Budget -
Friday, May 17, 2013
The Memphis-Shelby County Airport Authority on Thursday approved a $127.3 million budget that slightly lowers the overall amount airlines pay at Memphis International Airport even after Delta Air Lines drastically reduced the number of flights it operates.
2.
Delta Leads for Most Airline Fees Collected -
Wednesday, May 15, 2013
NEW YORK (AP) – U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year – the highest amount since the fees became common five years ago.
3.
Memphis Not Alone in Losing Flights -
Friday, May 10, 2013
Memphis residents won’t be surprised by the findings of a new study that shows a drastic reduction in air service at small and medium-sized U.S. airports in the last six years.
But the study, by the Massachusetts Institute of Technology, shows that Memphis is far from alone in being targeted for flight route cuts.
4.
Delta Will Pay a Dividend, Buy Back Shares -
Thursday, May 09, 2013
MINNEAPOLIS (AP) – Delta Air Lines will start paying a quarterly dividend and buy back some of its shares – investor-friendly moves that are common in other industries but rare for airlines.
5.
Shorb: Increased Care Comes With Need for Lower Costs -
Tuesday, May 07, 2013
In increasing access to care and outcomes, health care organizations in Memphis and elsewhere in the nation need to find innovative solutions to bring down the cost of providing care, Gary Shorb, president and CEO of Methodist Le Bonheur Healthcare, said in a speech to industry leaders at the University Club earlier this month.
6.
US Trade Deficit Falls to $38.8 Billion in March -
Friday, May 03, 2013
WASHINGTON (AP) – The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years. The deficit with China hit a three-year low.
7.
Passenger Numbers Continue Drop at Memphis International Airport -
Friday, April 19, 2013
Memphis International Airport continued in March to feel the impact of earlier Delta Air Lines Inc. cuts, as both passenger traffic and the total number of flights fell.
8.
Back to Budgeting -
Wednesday, April 17, 2013
As the S&P 500 continued to set new highs last week, Washington returned to the forefront as President Barack Obama released his fiscal year 2014 budget. For the first time in four years, the executive branch and both branches of Congress have produced a budget.
9.
Airline Passenger Complaints Surged in 2012 -
Tuesday, April 09, 2013
WASHINGTON (AP) – Airline passengers are getting grumpier, and it's little wonder.
Airlines keep shrinking the size of seats to stuff more people onto planes, those empty middle seats that once provided a little more room are now occupied and more people with tickets are being turned away because flights are overbooked.
10.
Mid-South Transplant Foundation Tops in US -
Tuesday, April 09, 2013
When an organ donor dies in the Mid-South Transplant Foundation’s geographic territory, hospitals are able to procure an average of 4.24 organs per donor.
That’s the No. 1 rate in the nation for the number of organs transplanted per healthy donor by the United Network for Organ Sharing.
11.
US Trade Deficit Narrows to $43 Billion in February -
Monday, April 08, 2013
WASHINGTON (AP) – The U.S. trade deficit unexpectedly narrowed in February as exports climbed close to an all-time high and the volume of imported crude oil fell to the lowest level in 17 years.
12.
Transplant Foundation Tops for Organ Donations -
Saturday, March 30, 2013
The Mid-South Transplant Foundation has been ranked No. 1 in the nation for the number of organs transplanted per healthy donors by the United Network for Organ Sharing.
The results were released in the organization’s most recent quarterly report. The Mid-South Transplant Foundation serves Western Tennessee, Eastern Arkansas and Northern Mississippi.
13.
Transplant Foundation Ranks No. 1 for Organ Donations -
Wednesday, March 27, 2013
The Mid-South Transplant Foundation has been ranked No. 1 in the nation for the number of organs transplanted per healthy donors by the United Network for Organ Sharing.
The results were released in the organization’s most recent quarterly report. The Mid-South Transplant Foundation serves Western Tennessee, Eastern Arkansas and Northern Mississippi.
14.
Swinnea Warehouse Sold in Lieu of Foreclosure -
Tuesday, March 19, 2013
4550 Swinnea Road, Memphis, TN 38118
Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.
15.
Land Use to Consider RV Park Conversion -
Thursday, March 14, 2013
The company that owns the old Memphis Mobile City mobile home park wants to turn the site that flooded seven times in 10 years including floods in 2010 and 2011 into a resort for recreational vehicles with cabins and manufactured homes on adjoining acreage.
16.
Macon Cove Hotel Sells for $1.9 Million -
Wednesday, March 13, 2013
The 129-room hotel at 6068 Macon Cove near Sycamore View Road and Interstate 40 has sold for $1.9 million.
17.
Fink Joins Diamond Cos. as Senior Vice President -
Wednesday, March 06, 2013
Justin Fink has joined Diamond Cos., an International truck dealership holding company, as senior vice president, truck sales. In the new role, Fink oversees new and used truck sales, and helps develop programs and processes to grow customer relationships, sales and profits.
18.
Marston Group Grows Globally, Locally -
Saturday, March 02, 2013
A growing accounting and finance firm is going global and local at the same time.
While The Marston Group’s clients branch outward, its members share a wealth of business experience with future business leaders here at home.
19.
Family Values Drive Success at United Warehouse Transportation -
Friday, March 01, 2013
United Warehouse Transportation, along with parent company United Warehouse & Transit Logistics, is riding an impressive wave of success over the past 18 months.
Near the end of 2011, UWT acquired a small local transportation company and formed United Warehouse Transportation, with projected annual revenues of $895,000. By the end of 2012, that number had grown to $6 million, and company CEO Chris Williams expects it to top $10 million by the summer.
20.
Opposing Forces Cause Swirling Economy -
Tuesday, February 26, 2013
Remember Relative Value One by-product of the Federal Reserve’s loose monetary policy is the widespread positive returns that numerous asset classes have been able to experience. For instance, from March 9, 2009 (the closing low on the S&P 500), thru Dec. 31, 2012, the cumulative returns of the SPDR Barclays High Yield Bond ETF (JNK) and the SPDR S&P 500 ETF (SPY) have been 128 percent and 127 percent, respectively. Whether your chosen investment was high-yield bonds or the 500 stocks in the S&P 500, returns have been identical since the bottom.
21.
Year of Change for Smith & Nephew -
Wednesday, February 13, 2013
On the heels of laying off 63 employees in Memphis and as it grapples with challenging business conditions locally and worldwide, London-based medical device maker Smith & Nephew sees a bright spot in the Bluff City: the new Centre for Innovation.
22.
Mayor, Banks Revive Program Targeting City’s Unbanked -
Monday, February 04, 2013
It started with a letter. More than two dozen of them, actually. Bankers from around Memphis got a missive from Memphis Mayor A C Wharton Jr. in 2010 that solicited help from bankers like Joe DiNicolantonio, West Tennessee area president for Regions Bank.
23.
UPS Quarterly Results, 2013 Outlook Miss Estimates -
Saturday, February 02, 2013
United Parcel Service Inc. says weak global trade and a disappointing holiday-shopping season slowed it down in the fourth quarter.
24.
Filling the Voids -
Saturday, February 02, 2013
Last year was a banner year for adaptive reuse projects in Midtown and Downtown.
Developers announced plans for the Sears Crosstown building, Overton Square, Hotel Chisca, James Lee House and old United Warehouse in the South Main Historic Arts District. Construction began on The Pyramid, turning it into a 220,000-square-foot mega-Bass Pro Shop Outdoor World, and Memphis in May moved into its new headquarters at 56 S. Front St., a 14,600-square-foot building that’s on the National Register of Historic Places.
25.
UPS Quarterly Results, 2013 Outlook Miss Estimates -
Friday, February 01, 2013
United Parcel Service Inc. says weak global trade and a disappointing holiday-shopping season slowed it down in the fourth quarter.
26.
Union Backers Say Nissan Threatens Plant Closure -
Thursday, January 31, 2013
JACKSON, Miss. (AP) – Pro-union workers said Tuesday that Nissan Motor Co. has threatened to close its Canton assembly plant if workers vote for the United Auto Workers to represent them, though the company denies such threats.
27.
Economists Growing More Upbeat About Year Ahead -
Tuesday, January 29, 2013
NEW YORK (AP) – Economists are increasingly, but still cautiously, optimistic about growth in the year ahead with the hiring expected to pick up in coming months.
A quarterly survey by the National Association for Business Economists released Monday shows half of the economists polled now expect real gross domestic product – the value of all goods and services produced in the United States – to grow between 2 and 4 percent in 2013. That's up from 36 percent of respondents who felt the same way three months earlier.
28.
Barge Hits Mississippi River Bridge; Oil Cleanup Ongoing -
Tuesday, January 29, 2013
VICKSBURG, Miss. (AP) – Cleanup crews with booms skimmed oily water from the Mississippi River a day after a barge with more than 80,000 gallons of oil struck a railroad bridge near Vicksburg, spreading a sheen of light crude that kept part of the waterway shut to ship traffic Monday, authorities said.
29.
Immigration Reform on Horizon -
Tuesday, January 29, 2013
November’s presidential election clarified a need for bipartisan immigration reform; Republican intransigence on this issue melted away as they watched about 71 percent of Latinos vote in favor of the Democratic candidate.
30.
IMF Sees Modest 2013 Improvement for World Economy -
Thursday, January 24, 2013
WASHINGTON (AP) — The International Monetary Fund is projecting a modest rise in global economic growth for 2013, but also warning that problems in the eurozone and the United States could derail momentum.
31.
Crye-Leike Collects $22,000 With United Way Campaign -
Saturday, January 19, 2013
Crye-Leike Realtors Inc. recently raised $22,300 for its 2012 United Way campaign.
32.
‘Stable’ Foreclosures -
Thursday, January 17, 2013
The Crowne Plaza Hotel at 300 N. Second St. sits on a little less than two acres near Interstate 40. The Shelby County Assessor of Property’s 2012 appraisal for the 11-story, 244-room hotel was $6.6 million.
33.
Crye-Leike Collects $22,300 for United Way Campaign -
Wednesday, January 16, 2013
Crye-Leike Realtors Inc. recently raised $22,300 for its 2012 United Way campaign.
34.
Toyota Retakes Global Auto Sales Crown From GM -
Tuesday, January 15, 2013
DETROIT (AP) – Toyota has once again dethroned General Motors as the world's top-selling automaker.
The Japanese company sold 9.7 million cars and trucks worldwide in 2012, although it's still counting. GM sold 9.29 million.
35.
UPS Abandons $6.9 Billion Takeover for TNT Express -
Monday, January 14, 2013
AMSTERDAM (AP) – Shares in package delivery company TNT Express NV lost almost half their value Monday after that United Parcel Service Inc. had decided to ditch its €5.2 billion ($6.9 billion) takeover of the struggling Dutch company, citing objections from European regulators.
36.
US Still Faces Political Fights on Spending, Debt -
Thursday, January 03, 2013
WASHINGTON (AP) – A last-minute deal will keep the U.S. from driving off the so-called "fiscal cliff," but higher taxes and continued political fighting in Washington threaten to shake the fragile economy well into 2013.
37.
Delta Buys Stake in Virgin Atlantic, Holds Investor Day -
Friday, December 14, 2012
On the heels of agreeing to buy a 49 percent stake in Virgin Atlantic from Singapore Airlines for $360 million on Tuesday, Delta Air Lines Inc. held its annual investor day conference on Wednesday, Dec. 12, in Atlanta and detailed the restructuring of its fleet, which will affect flights between Memphis and Birmingham.
38.
Michigan House Approves Right-to-Work Limiting Unions -
Wednesday, December 12, 2012
LANSING, Mich. (AP) – The Michigan House approved the first of two right-to-work bills Tuesday that would weaken union power in the historical labor stronghold as hundreds of protesters rallied at the Capitol.
39.
Events -
Tuesday, December 11, 2012
Federal Bar Association will hold its annual membership meeting and 2013 board election Tuesday, Dec. 11, at 11:45 a.m. at Calvary Episcopal Church, 102 N. Second St. It will be followed by lunch and a one-hour continuing legal education presentation by Brian Faughnan at noon. Cost of lunch and CLE presentation is free for FBA members and $25 for nonmembers. Email gregory.grishman@jacksonlewis.com.
40.
Apple's Softer Side Emerges Under CEO Cook -
Monday, December 10, 2012
NEW YORK (AP) – "Those jobs aren't coming back."
That's what Steve Jobs reportedly told President Obama when asked at a dinner in early 2011 whether Apple would consider moving some of its manufacturing from China to the United States.
41.
Shadowy Tennessee Donor Behind Record Campaign Contributions -
Monday, December 10, 2012
WASHINGTON (AP) – A lawyer in Tennessee who is mysteriously linked to millions of dollars in campaign contributions steered to congressional candidates doubled his investments in the weeks before Election Day and quietly funneled $6.8 million more to a prominent Tea Party group, according to new financial statements filed with the government.
42.
Events -
Saturday, December 08, 2012
LightWave Solar will host a lunch & learn titled “How Solar Can Work for Your Home or Business” Friday, Dec. 14, from noon to 1 p.m. in the River Tower at South Bluffs clubhouse, 655 Riverside Drive. R.S.V.P. to Grace Robertson at grobertson@lightwavesolar.com or 615-641-4050, ext. 104.
43.
Apple to Produce Line of Macs in the US Next Year -
Friday, December 07, 2012
NEW YORK (AP) – Apple CEO Tim Cook says the company will move production of one of its existing lines of Mac computers to the United States next year.
44.
Citigroup to Cut 11,000 Jobs -
Thursday, December 06, 2012
NEW YORK (AP) – Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat.
The cuts amount to about 4 percent of Citi's workforce. The bulk of them, about 6,200 jobs, will come from Citi's consumer banking unit, which handles everyday functions like branches and checking accounts.
45.
Starbucks to Open 1,500 More Cafes in the US -
Thursday, December 06, 2012
NEW YORK (AP) – Another Starbucks may soon pop up around the corner, with the world's biggest coffee company planning to add at least 1,500 cafes in the U.S. over the next five years.
The plan, which would boost the number of Starbucks cafes in the country by about 13 percent, was announced at the company's investor day in New York Wednesday. Taking into account Canada and South America, the company plans to add a total of 3,000 new cafes in its broader Americas region.
46.
Events -
Tuesday, December 04, 2012
Talk Shoppe will meet Wednesday, Dec. 5, from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Ave. Mark Ruleman, United Capital wealth adviser, will present “Improve the Way You Make Financial Decisions: Find Your Money Mind.” Cost is free. Visit talkshoppe.biz.
47.
US Economy Grew at 2.7 Percent Rate in Summer -
Friday, November 30, 2012
WASHINGTON (AP) – The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in the final months of the year because of the impact of Superstorm Sandy and uncertainty about looming tax increases and government spending cuts.
48.
Federal Reserve Survey: US Economy Growing at Steady Pace -
Thursday, November 29, 2012
WASHINGTON (AP) – A pickup in consumer spending and steady home sales helped lift economic growth in October and early November in most parts of the United States, according to a Federal Reserve survey released Wednesday. The one exception was the Northeast, which was slowed by Superstorm Sandy.
49.
Fire Suppression Systems Urged in All Cargo Planes -
Thursday, November 29, 2012
WASHINGTON (AP) – The government should require fire suppression systems in all cargo containers or compartments of planes to prevent the kind of ferocious in-flight blazes that have killed four cargo pilots over the past six years, federal accident investigators said Wednesday.
50.
Labor Heads Say Obama Backs Them on 'Fiscal Cliff' -
Wednesday, November 14, 2012
WASHINGTON (AP) – Labor leaders said Tuesday that President Barack Obama remains committed to preserving tax cuts for middle class families and ensuring the wealthy pay more in taxes, outlining plans for a public campaign to pressure Republican lawmakers.
51.
Events -
Monday, November 12, 2012
LaunchMemphis will host Risk City: Global Entrepreneurship Week 2012 programs and networking events Monday, Nov. 12, through Friday, Nov. 16, at multiple Memphis locations. The global event connects entrepreneurs with potential resources and collaborators. Visit launchmemphis.com for a schedule.
52.
Expert: Investors Confound Housing -
Monday, November 12, 2012
The role of investor-driven neighborhoods in Memphis is growing, and the impact on different kinds of neighborhoods is largely unstudied and unknown.
For instance, what does it mean that going into 2012, 54 percent of residential property sales were accounted for by investor purchases from the Real Estate Owned (REO) inventory of foreclosing lenders?
53.
US Trade Panel Finds Harm From China Solar Panels -
Thursday, November 08, 2012
WASHINGTON (AP) – A federal trade panel found China responsible Wednesday for harming the U.S. solar panel industry, clearing the final hurdle for U.S. attempts to impose steep tariffs on Chinese solar companies.
54.
Legal Aid Society Launches New Tennessee Initiative -
Monday, November 05, 2012
NASHVILLE (AP) – The Legal Aid Society has launched a new initiative to help Tennessee homeowners dealing with foreclosure and mortgage rescue scams.
The expanded project is funded through an agreement with the state attorney general's office.
55.
Baker Donelson Adds Five Attorneys in Memphis -
Thursday, November 01, 2012
Baker, Donelson, Bearman, Caldwell & Berkowitz PC has added five attorneys to its Memphis office.
They are Luke Cantrell, Kristin Clay Dunavant, William O’Connor, Sarah Pazar and Mary Wu.
56.
Treasury Says Debt Limit Will be Hit by Late 2012 -
Thursday, November 01, 2012
WASHINGTON (AP) – U.S. Treasury officials said Wednesday that they still expect the government will hit the current debt borrowing limit at the end of this year. But they said they can employ "extraordinary" measures that have been used in the past to keep the government functioning until sometime early next year.
57.
Storm's Cost May Hit $50 Billion; Rebuilding to Ease Blow -
Wednesday, October 31, 2012
WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.
58.
Oil Inches Up to $86 as Storm Pounds US Coast -
Wednesday, October 31, 2012
The price of oil recovered slightly Tuesday, rising to above $86 a barrel, even as a massive storm was pounding the heavily populated U.S. East Coast, reducing demand for fuel by keeping drivers off roads, closing businesses and silencing activity in New York City and other metropolitan areas.
59.
I-Bank Tower on Poplar Sells for $14.4 Million -
Tuesday, October 30, 2012
5050 Poplar Ave. Memphis, TN 38117
Sale Amount: $14.4 million
Sale Date: Sept. 14, 2012
60.
US Airways Posts Record Third-Quarter Profit -
Thursday, October 25, 2012
DALLAS (AP) — US Airways turned in a strong performance during a three-month stretch that covers much of the peak summer vacation season.
Net income for the third quarter was a record $245 million, or $1.24 per share, compared with $76 million, or 41 cents per share, a year earlier, the airline said Wednesday.
61.
Southwestern Sells Building to Georgia Distributor -
Thursday, October 25, 2012
Crown Logistics LLC, an affiliate of Georgia Crown Distributing Co., has paid $5.2 million for the Southwestern Distributing facility at 7625 Appling Center Drive near Bartlett.
62.
International Exposure -
Thursday, October 25, 2012
The Memphis hotel industry can thank at least 200,000 of its room nights last year to European visitors booked by tour operators.
European stays in Memphis averaged three nights, with each person spending more than $200 per day.
63.
Buffett Says US Economy Still Inching Ahead -
Thursday, October 25, 2012
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Wednesday that the global economy is definitely slowing because of continued problems in Europe and the decline in Asia.
But he said that the U.S. economy is still improving modestly and business will improve regardless of who wins the presidential election.
64.
Delta Third-Quarter Profit Surges on Fuel Contract Gains -
Wednesday, October 24, 2012
NEW YORK (AP) — Delta Air Lines said Wednesday that its third-quarter profit nearly doubled mostly due to the increasing value of its fuel contracts.
The world's second-largest airline earned $1.05 billion, or $1.23 per share, compared with $549 million, or 65 cents, a year earlier. Excluding one-time items, it earned $768 million or 90 cents — just shy of Wall Street expectations of 91 cents.
65.
US may Soon Become World's Top Oil Producer -
Wednesday, October 24, 2012
NEW YORK (AP) — U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.
Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7 percent this year to an average of 10.9 million barrels per day. This will be the fourth straight year of crude increases and the biggest single-year gain since 1951.
66.
UPS Says Consumers Driving Shipping Growth -
Wednesday, October 24, 2012
NEW YORK (AP) — UPS says online shoppers are propping up its business in a tough global economy.
The world's largest package delivery company believes that consumer demand for gadgets will drive its shipments and earnings this year, making up for slower trade between businesses.
67.
Weak Earnings Reports Pummel Stocks -
Wednesday, October 24, 2012
NEW YORK (AP) — Nobody was expecting this round of corporate earnings reports to be great. But companies' underwhelming results are still rattling investors.
Stocks plunged Tuesday in one of the worst days on Wall Street this year. Big-name companies reported weak quarterly revenue and lowered their forecasts for the rest of the year.
68.
Some Church Child-Care Programs Must Get Licenses -
Wednesday, October 24, 2012
NASHVILLE, Tenn. (AP) — State officials say church-sponsored child-care programs such as parents' day out, must either obtain licenses or limit their programs to no more than two days a week.
69.
Mississippians Smoke Less After 2009 Tax Increase -
Tuesday, October 23, 2012
JACKSON, Miss. (AP) — Higher cigarette taxes may be helping to drive down smoking in Mississippi.
Cigarette consumption fell to 67.9 packs per person in Mississippi in 2011. That's the lowest total since record-keeping began, The Clarion-Ledger reports.
70.
Events -
Tuesday, October 23, 2012
Memphis Rotary Club will meet Tuesday, Oct. 23, at noon at the University Club of Memphis, 1346 Central Ave. Bill Seely of Varsity Brands will discuss cheering as an NCAA sport. Cost is $18. R.S.V.P. to Taylor Hughes at taylor@memphisrotary.org.
71.
After Pandit, a Smaller Citigroup Could Get Smaller Yet -
Thursday, October 18, 2012
NEW YORK (AP) – The incredible shrinking bank may have to shrink more.
In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the nation's third-largest bank.
72.
VA Memphis Builds for Future -
Wednesday, October 17, 2012
Construction is progressing rapidly at the Memphis VA Medical Center on a new dedicated area for women veterans and another for returning soldiers from Operation Iraqi Freedom (OIF) and Operation Enduring Freedom (OEF).
73.
US Rate on 30-Year Mortgage Rises to 3.39 Percent -
Friday, October 12, 2012
WASHINGTON (AP) – Average U.S. rates on fixed mortgages ticked up from record lows last week. Cheaper mortgages are fueling a modest housing recovery that could help the broader economy.
74.
US Trade Deficit Rose to $44.2 Billion in August -
Friday, October 12, 2012
WASHINGTON (AP) – The U.S. trade deficit widened in August from July because exports fell to the lowest level in six months. The wider deficit likely dragged on already-weak economic growth.
75.
US Job Openings Dipped in August From July -
Thursday, October 11, 2012
WASHINGTON (AP) – U.S. employers advertised slightly fewer jobs in August than July, while they filled the most positions in three months, offering a mixed signal on the job market.
The Labor Department said Wednesday that job openings dropped by 32,000 to 3.56 million in August. July's openings were also revised lower.
76.
Fed: Housing Lifts Growth in Most US Regions -
Thursday, October 11, 2012
WASHINGTON (AP) – Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday.
77.
Economic Uncertainty Hurts Business Travel -
Wednesday, October 10, 2012
NEW YORK (AP) – U.S. companies are continuing to cut back on employee travel plans amid uncertainty surrounding the health of the economy.
Americans are expected to take 438.1 million business trips this year, down 2 percent from last year, the Global Business Travel Association said Tuesday. Overall business travel spending is expected to be up 2.6 percent, but that's only because trips are more expensive.
78.
US Panel: China Tech Giants Pose Security Threat -
Tuesday, October 09, 2012
WASHINGTON (AP) – American companies should avoid sourcing network equipment from China's two leading technology firms because they pose a national security threat to the United States, the House Intelligence Committee warned Monday.
79.
American Airlines: Key Revenue Number Rises -
Tuesday, October 09, 2012
DALLAS (AP) – American Airlines parent AMR Corp. said Monday that a key revenue measure rose 4 percent in September although traffic declined as the carrier struggled with widespread flight delays and cancellations.
80.
Oil Prices Fall After Warning From World Bank -
Tuesday, October 09, 2012
NEW YORK (AP) – A strong warning from the World Bank that growth in Asia may slow further dragged down the price of oil Monday.
81.
High Court Begins New Term With Human Rights Case -
Tuesday, October 02, 2012
WASHINGTON (AP) – The Supreme Court opened its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities.
The justices appeared ready to impose new limits on lawsuits brought in U.S. courts over human rights violations abroad.
82.
Data Suggest US Economy Growing Only Modestly -
Friday, September 28, 2012
WASHINGTON (AP) – A spate of data Thursday painted a mixed picture of the U.S. economy: Demand for long-lasting manufactured goods fell and slightly fewer people signed contracts to buy homes. At the same time, the job market looked a little better.
83.
HCA Expansion Adding Jobs, Towers in Nashville -
Friday, September 28, 2012
NASHVILLE (AP) – Health care company HCA is relocating the headquarters of two of its business units to midtown Nashville in a move that could bring as many as 2,000 jobs to one of the largest commercial office developments in the city's history.
84.
New US Home Sales Edged Down 0.3 Percent in August -
Thursday, September 27, 2012
WASHINGTON (AP) – Sales of new homes in the United States dipped slightly in August from July but the median price of homes sold during the month rose by a record amount.
New-home sales edged down to a seasonally adjusted annual rate of 373,000 in August, a dip of 0.3 percent from July's revised rate of 374,000, the Commerce Department said Wednesday. That had been the fastest pace since April 2010 when government tax credits were boosting sales.
85.
Clothing for a Cause -
Thursday, September 27, 2012
Joe Williams believes that consumers want to help others, even if it means giving the shirts off their backs.
86.
Report: Premium Hikes for Top Medicare Drug Plans -
Wednesday, September 26, 2012
WASHINGTON (AP) – Millions of seniors enrolled in some of the most popular Medicare prescription drug plans face double-digit premium hikes next year if they don't shop for a better deal, says a private firm that analyzes the highly competitive market.
87.
Airlines Set Bag Fee Record in First Half of Year -
Wednesday, September 26, 2012
NEW YORK (AP) – U.S. airlines collected more than $1.7 billion in baggage fees during the first half of the year, the largest amount ever collected in that six-month period.
Delta Air Lines Inc. once again claimed the title as the airline collecting the most in baggage fees: nearly $430 million from January through June. The slightly larger United Airlines – part of United Continental Holdings Inc. – followed with $351 million in bag fees, according to a report from the Bureau of Transportation statistics released Tuesday.
88.
Pilots Say American Airlines Wants to Resume Contract Talks -
Wednesday, September 26, 2012
DALLAS (AP) – There could be progress in breaking the standoff between American Airlines and its pilots, which appears to have caused a spike in canceled and delayed flights.
American formally asked the pilots' union to resume negotiations on a new labor contract. A spokesman said the union board will meet Wednesday to decide on the next step.
89.
3 Airlines Add Flights to Nashville Airport -
Wednesday, September 26, 2012
NASHVILLE (AP) – Three major airlines have announced additional flights to the Nashville International Airport with new routes to Boston, Cleveland and Los Angeles.
The airport said in a news release Monday that Southwest Airlines is adding another daily nonstop flight to Boston Logan starting in February. United Airlines is adding two daily nonstop flights to Nashville from its Cleveland hub starting on Dec. 19.
90.
CEO of UPS Takeover Target Resigns -
Tuesday, September 25, 2012
AMSTERDAM (AP) – Dutch express package delivery company TNT Express NV says its chief executive has resigned.
TNT is in the process of being acquired by United Parcel Service Inc. for $6.77 billion, pending negotiations with European regulators. TNT is Europe's second largest delivery company behind DHL.
91.
Return on Investment -
Monday, September 24, 2012
Most people already know some of the basic elements of the banking business. From the large national lenders with a Memphis presence to the community banks in the suburbs, one common element is they make money by charging borrowers more than the bank pays in interest to depositors.
92.
Daily News Seminar Looks at Health Care Reform Impact -
Wednesday, September 19, 2012
Changes in the model and delivery of health care and its potential impact on businesses and their employees will take center stage Thursday, Sept. 20, at the latest seminar presented by The Daily News.
93.
Business Making an Anti-Regulation Pitch to Voters -
Wednesday, September 19, 2012
WASHINGTON (AP) – The National Association of Manufacturers, U.S. Chamber of Commerce and National Federation of Independent Business are working to make the anti-regulatory fervor their members share an issue in the last weeks of the campaign.
94.
Long Flight Delays Soar in July -
Tuesday, September 18, 2012
NEW YORK (AP) – The number of long delays in July involving planes stuck on airport tarmacs was more than the previous eight months combined, the government said Monday.
Twenty eight planes were stuck on the ground at U.S. airports for more than three hours that month, the height of the summer travel season. Eighteen of those planes were operated by U.S. carriers.
95.
Judges Uphold East Arkansas Senate Redistricting -
Tuesday, September 18, 2012
LITTLE ROCK, Ark. (AP) – A federal court on Monday rejected a state senator's claim that a redistricting panel intentionally diluted the black vote in his district, ruling the decrease stemmed from politics but not racial discrimination.
96.
Investors Eagerly Anticipate FedEx Earnings -
Tuesday, September 18, 2012
NEW YORK (AP) – Investors who already have an idea of how FedEx Corp. performed in its fiscal first quarter will listen closely to what the world’s No. 2 package delivery company says about demand in the critical holiday shipping season when it reports financial results and expectations before the market opens Tuesday, Sept. 18.
97.
American Airlines Signs Deal to Outsource Some Flying -
Thursday, September 13, 2012
DALLAS (AP) – American Airlines has agreed to outsource some of its regional flying to SkyWest Inc., part of American's plan to cut costs while it's under bankruptcy protection.
98.
US Employers Posted Fewer Open Jobs in July -
Wednesday, September 12, 2012
WASHINGTON (AP) – U.S. employers posted fewer jobs in July than in June, further evidence that hiring may stay weak in the coming months.
Job openings fell to a seasonally adjusted 3.67 million, the Labor Department said Tuesday. That's down from June's 3.72 million job openings, which was revised lower.
99.
US Service Firms Grew at Faster Pace in August -
Friday, September 07, 2012
WASHINGTON (AP) – U.S. service companies expanded at a faster pace in August than July, helped by stronger hiring. The growth at firms that employ roughly 90 percent of the work force suggests the economy is slowly improving.
100.
Business of Health Care Topic of Seminar -
Friday, September 07, 2012
In terms of national policy discussion, the current changes in the model and delivery of health care remains among the most heated and complicated of topics.
And on Thursday, Sept. 20, a panel of local experts assembled by The Daily News will participate in an in-depth discussion about the health care industry, including challenges, opportunities and the outlook through 2013.