VOL. 127 | NO. 34 | Monday, February 20, 2012
Setting aside the performance of the largest local bank, Memphis-area banks as a whole didn’t report as much profit at the end of 2011 as they did at the end 2010.
Restaurateurs find niche inside Downtown office buildings
Before a restaurateur nails down a concept, builds a menu or begins the financing process, solidifying a location reigns supreme.
Shelby County Commissioners will see Monday, Feb. 20, if there is still a seven-vote majority on the body to pass a new set of district lines and a new commission structure on the second of three readings.
Morgan Keegan & Co. Inc. executives and financial advisers have wrapped up their trips down to Florida to the headquarters of Morgan Keegan’s soon-to-be new parent company, Raymond James Financial Inc.
When Dave Warner learned police and federal agents were searching his house in Mississippi in 2004, he ran. And while he was on the run, he got a phone call from Memphis drug kingpin Craig Petties who said Warner could come live in Mexico where Petties had fled two years earlier.
The six suburban mayors say the train to municipal school districts is on the tracks and has no time to stop to consider whatever plan the schools consolidation transition planning commission comes up with for a merged public school system.
Memphis community and business leaders of Chinese, Vietnamese, Korean, Filipino, Bangladeshi, Indian and Pakistani heritage gathered with White House officials Thursday, Feb. 16, to discuss economic, educational, health and civil rights issues.
High levels of stress during childhood may play a significant role in disease causation later in life.
MEMPHIS (AP) – For the second straight night, Rudy Gay misfired on a go-ahead attempt in the closing seconds – and the Memphis Grizzlies crashed the offensive boards for a winning tip-in.
MEMPHIS (AP) – Michael Perez scored 15 points and Jacques Streeter added 14 as Texas-El Paso used a second-half rally to defeat Memphis 60-58 on Saturday afternoon.
GOVERNMENT AGENDA
The Shelby County Commission will meet Monday, Feb. 20, at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St., to see if there is still a seven-vote majority on the body to pass a new set of district lines and a new commission structure on the second of three readings.
SMALL BUSINESS SPOTLIGHT
It seems Nick Buoni started the right kind of business at just the right time.
LOCAL COLUMNISTS
Who knows if it will last, but there are signs that the economy is improving. If the improvement continues, it might be a good time to take a very close look at the status of your key employees.
THE MEMPHIS NEWS
Small in size, Occupy Memphis movement seeking big change
On Super Bowl Sunday, a group of 20 people huddled near a set of about as many tents on the Civic Center Plaza – the part of the Main Street Mall that is home to City Hall as well as the county, state and federal buildings.
The Occupy Memphis movement is a curiosity to most and a serious pursuit for others.
One of the biggest art exhibitions to come to the Metal Museum is large in significance even if the individual pieces are tiny.
Last year, in a grand coincidence, two Downtown hotels simultaneously refurbished their restaurants, redecorated, called in consultants, created new concepts or new menus, replaced staff and generally reinvented themselves.
Shall we pretend that we had winter in our neck o’ the woods? Or shall we capitulate and fire up the grills? That’s how crazily mild a “winter” we’ve had. If you’re of a mind to toss on the coals and crank up the fire, I have a wine for you. Or if you’re braising short ribs or lamb shanks in the oven or on top of the stove, or doing barbecue brisket, the same wine is appropriate.
NATIONAL BUSINESS
WASHINGTON (AP) – Millions of Americans will continue to receive long-term unemployment benefits under legislation approved Friday in Congress, but the scope of the program is being scaled back to cover fewer people by the end of the year.
NEW YORK (AP) – United Parcel Service, the world's largest package delivery company, said Friday it is still in talks to acquire TNT Express even after the Dutch package delivery company rejected a $6.43 billion bid.
NEW YORK (AP) – Demand Media Inc.'s stock soared by 31 percent Friday after the online content publisher's fourth-quarter earnings and outlook for this year gave investors hope that it is starting to recover from diminished traffic that had stemmed from changes to Google's Internet search formula.
SAN FRANCISCO (AP) – Online review service Yelp rated its own business Thursday, setting an IPO target of $12 to $14 per share that could value the 7-year-old company as high as $840 million.
NATIONAL GOVERNMENT
EVERETT, Wash. (AP) – President Barack Obama on Friday called for more steps to help U.S. companies compete overseas, standing in front of an enormous Boeing Dreamliner to summon a bright future for American manufacturing and exports.