VOL. 127 | NO. 158 | Tuesday, August 14, 2012
Memphis-based FedEx Corp. is preparing for a voluntary employee buyout that will likely target workers in the company’s Express and Service units.
Church Health Center unveils dental clinic
The Church Health Center, which serves uninsured working people and their families, continues to expand its outreach, recently unveiling a new, state-of-the-art dental clinic at 266 S. Cleveland St. at Linden Avenue.
July’s home sales report marked the seventh consecutive month with improvements over 2011 totals and the most sales filed during a single month this year, but pricing year to date is still troublesome.
NEW YORK (AP) – The founder and top executive at FedEx Corp. received a pay package worth $13.7 million in the most recent fiscal year, nearly double a year earlier.
Robert Pera, the California businessman who’s in the process of buying the Memphis Grizzlies, was probably ready to turn the page on a new day and a new week.
Shelby County Commissioners approved Monday, Aug. 13, a half cent sales tax hike ballot question that would go to voters in Memphis and the unincorporated county on the Nov. 6 ballot.
Memphis City Schools superintendent Kriner Cash is working on a plan of school closings and building reuse that is different than the recommendation of the schools consolidation planning commission.
The search by the countywide school board for a merger superintendent is, for now, a search for six citizens to serve on the committee that will recommend a search process for a new superintendent.
REAL ESTATE RECAP
4049 E. Raines Road, Memphis, TN 38118 -
A Class B warehouse in Airport Industrial Park has sold for $2.3 million, more than four times its price at a foreclosure sale two years ago. Northbrook, Ill.-based BCL-Memphis LLC bought the warehouse at 4049 E. Raines Road from Memphis-based Progression Realty, which paid $501,500 for it in August 2010.
Last week we shared a story submitted by Mike Bowen, CEO and president of Champion Awards & Apparel, which spotlighted “late bloomers” and was a testament for how someone’s past does not have to predict his or her future. This week let us discuss an organization that is celebrating 50 years of enhancing the lives of people with disabilities and bringing peace of mind to their families: SRVS.
THE HOUSING BUST IS OVER, THE REAL ESTATE MARKET HAS FINALLY TURNED THE CORNER … are the words that Realtors and consumers are dying to hear. The second quarter numbers for the Memphis and Shelby County real estate market are encouraging; we could be seeing the end.
MEMPHIS (AP) – Elvis Presley left behind hit songs, epic performances, some so-so movies and an image as a handsome, rebellious, talented and sometimes-troubled artist that remains indelibly marked in America's pop culture psyche 35 years after his death.
NASHVILLE (AP) – Hotel and Grand Ole Opry owner Gaylord Entertainment Co. said on Monday that a secondary offering could bring in as much as $259.6 million for the selling shareholder, TRT Holdings Inc.
LITTLE ROCK, Ark. (AP) – The leader of a group that wants a ballot measure to legalize medical marijuana says the organization will submit enough signatures to get on the November ballot.
NEW YORK (AP) – Sears is moving forward with plans to spin off its Hometown and Outlet stores as well as some hardware stores into a separate publicly traded company.
NEW YORK (AP) – Google Inc. is making its largest round of layoffs ever as it announced plans to cut about 4,000 jobs at Motorola Mobility just three months after buying the struggling cellphone pioneer.
HOBOKEN, N.J. (AP) – Google is buying the Frommer's brand of travel guides.