VOL. 127 | NO. 33 | Friday, February 17, 2012
Millions of dollars in new investment, a few major corporate expansions and the retention of hundreds of local jobs – not to mention the creation of new demand for local construction workers and contractors – all were guaranteed by tax breaks awarded this week by the city-county Economic Development Growth Engine board.
Another local logistics company gets certified with cargo protection procedures
One of the legacies of the 9/11 terrorist attacks a decade ago was a tightening of security in supply chain and logistics businesses.
Utley Properties has closed on a flurry of deals in its Northwest Plaza Shopping Center in Senatobia in recent weeks.
The group drawing up the blueprint for a consolidated countywide public school system will plan for a school system that covers the entire county including the suburban towns and cities.
BOGALUSA, La. (AP) – International Paper Co. is now officially the fifth owner of a paper mill opened in Bogalusa in 1906.
Ten-year-old crack cocaine is brown and looks like meatballs.
Cordova’s culinary gain means a loss for the Chickasaw Gardens area after the longtime Grisanti’s restaurant location at 2855 Poplar Ave. quietly closed its doors.
Memphis standup and improv comedy performers will come together for the first Memphis Comedy Festival Thursday, Feb. 16, through Sunday, Feb. 19. Presented by the Memphis Roast Club, the festival is at TheatreWorks, 2085 Monroe Ave.
Literacy Mid-South has kicked off a Twitter campaign to get Memphians talking about their favorite books.
MEMPHIS STANDOUT
Editor’s Note: This is the last in a Daily News series featuring past winners of the Bobby Dunavant Public Service Awards, which annually honor one elected and one non-elected government official. The 2012 awards will be presented Wednesday, Feb. 22.
LOCAL COLUMNISTS
THAT’S ENOUGH. Growing up, whenever I was doing something, saying something or up to something for a period of time deemed sufficient by my father, he would say, “That’s enough.”
Part Four in a Five Part Series Have you heard this before: “We’ll hire the right person and they will raise the money”?
SPORTS
People smiled and shook their heads. In high school gyms all across Shelby County, the curious came out to see the novelty act that was Pau Gasol’s younger brother and they dismissed the kid. If he looked soft playing for Lausanne Collegiate School against players a foot shorter and 100 pounds lighter – and he did – then he didn’t exactly project as an NBA player.
Imagine this scene at The Racquet Club of Memphis, say 30-plus years ago:
NEW YORK (AP) – Some fans will no longer be able to watch every NCAA men's basketball tournament game online for free.
MEMPHIS (AP) – Gael Monfils has withdrawn from the Regions Morgan Keegan Championships because of a right knee inflammation.
MEMPHIS AREA
MEMPHIS (AP) – Discount retailer Fred's Inc. announced Thursday that it is increasing its quarterly cash dividend and expanding its stock buyback plans.
STATE GOVERNMENT
NASHVILLE (AP) – A proposal that seeks to ban Tennessee public schools from teaching about gay issues advanced in the House on Wednesday despite opponents who say the measure could be harmful to gays.
NASHVILLE (AP) – Ownership records of companies seeking economic development grants should be available to the public, Senate Speaker Ron Ramsey said Thursday.
NATIONAL BUSINESS
WASHINGTON (AP) – The number of people seeking unemployment benefits in the U.S. fell to the lowest point in almost four years last week, the latest signal that the job market is steadily improving.
WASHINGTON (AP) – Wholesale prices moved up slightly last month, held back by cheaper energy and food costs. The modest increase signals that inflation is largely in check.
WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke said Thursday, Feb. 16, that the health of the nation’s community banks has strengthened, despite what he described as a frustratingly slow economic recovery.
NATIONAL GOVERNMENT
WASHINGTON (AP) – The Postal Service is warning it will lose as much as $18.2 billion each year by 2015 if Congress doesn't give it leeway to eliminate Saturday mail delivery and make other service cuts.
REAL ESTATE
WASHINGTON (AP) – The average rate on the 30-year fixed mortgage held steady at a record low for a third straight week, offering more incentive to those looking to buy a home or refinance.
WASHINGTON (AP) – Construction of single-family homes in the U.S. cooled off slightly in January after surging in the final month last year. But a rise in permits suggests builders are growing more confident that more buyers are ready to come off the sidelines.