VOL. 126 | NO. 12 | Wednesday, January 19, 2011
The second phase of the Memphis Metropolitan Planning Organization (MPO)’s Regional Bicycle and Pedestrian Plan begins Wednesday with opportunities for public input.
Delta posts mixed results for Q4, 2010
Delta Air Lines Inc. reported a $158 million fourth-quarter profit Tuesday, a lower-than-expected number due to the December snowstorms.
A vice president of Electrolux Home Products Inc. on a two-day tour of city and county governments got a few questions from Shelby County commissioners Wednesday but mostly glowing comments during a committee session.
The Memphis City Schools (MCS) board voted down a compromise proposal Tuesday from Shelby County School officials.
The consensus estimate of how First Tennessee Bank’s parent company fared in the fourth quarter is that it dipped back into the red following two straight quarterly profits.
Memphis Mayor A C Wharton Jr. has outlined a $185 million plan for redevelopment of the Mid-South Fairgrounds.
Shelby County election commissioners meet Wednesday for the second time this month to consider a special referendum election on a Memphis City Schools charter surrender.
Public relations is on track to becoming one of the nation’s fastest-growing professions, with a 24 percent rise in employment predicted by 2018, according to a recent New York Times report.
Andre Gibson, chair of the Memphis City Beautiful Commission and vice president of the Memphis Urban League Young Professionals, has been named among Rosewood Hotels’ national 30 Under 30 campaign.
So you have a Facebook page for your company. Now what?
From Recovery to Expansion As we navigate the mid-section of the current advance, our analysis will benefit from differentiating dynamics associated with “recovery” and dynamics associated with “expansion.” To clarify this assignment, consider that although the S&P 500 remains 20 percent below its all-time high and is therefore still advancing in “recovery,” the S&P 400 Mid Cap Index has now reclaimed its all-time high and is therefore now advancing into “expansion.” Economically, the USA peaked in the 2nd quarter of 2007 with real GDP of $13.36 trillion and closed the third quarter of 2010 at $13.28 trillion. While still technically in “recovery,” the U.S. economy will soon claim “expansion.” As we close in on this pivotal moment, the risk profiles change. The risks we have all grown accustomed to recede and new threats emerge.
MEMPHIS AREA
NORCROSS, Ga. (AP) — FedEx Ground says it needs more shipping capacity in the Atlanta market and will start construction on a new distribution center in Norcross.
STATEWIDE
OAK RIDGE, Tenn. (AP) — Former Republican U.S. Rep. Zach Wamp is starting a consulting firm and his clients will include national companies with federal contracts and operations at Oak Ridge, in the district he represented.
NATIONAL BUSINESS
MINNEAPOLIS (AP) — Agribusiness conglomerate Cargill Inc. will distribute its 64 percent stake in fertilizer maker Mosaic Co. to Cargill stakeholders and debt holders in an effort to boost Cargill's credit profile and keep it a private company.
BOSTON (AP) — Investors are finally inching back into the stock market. But are they too late?
WASHINGTON (AP) — President Barack Obama, in another move to smooth frayed ties with corporate America, ordered a far-reaching review of federal regulations Tuesday with the goal of weeding out rules that hurt job growth and creation. Republicans and business groups welcomed the step but suggested he do even more.
REAL ESTATE
LOS ANGELES (AP) – U.S. homebuilders remain discouraged over the prospects for improved home sales in the months ahead, unconvinced as yet that the economy will spur the kind of job growth needed to coax more buyers into the market.