VOL. 127 | NO. 36 | Wednesday, February 22, 2012
Medtronic Inc. on Tuesday, Feb. 21, reported worldwide revenue of $3.9 billion for the third quarter, up 2 percent from $3.857 billion in Q3 2011.
Le Bonheur’s Child Life specialists ensure patients’ comfort during stay
Next to a full-size MRI machine at Le Bonheur Children’s Hospital sits its identical miniature version, perfectly sized for a doll and decorated with friendly cartoon fishes and other smiling sea life creatures.
The coach was greedy because, well, when are coaches not greedy?
The Memphis City Council’s longest serving member and the plans review manager for the Shelby County Code Enforcement Department are the two winners of the 2012 Bobby Dunavant Public Service Awards.
Memphis City Council members approved Tuesday, Feb. 21, the terms of a $20 million multi-year renovation of the Memphis Pink Palace Museum and advanced $16 million in funding over two fiscal years starting this June for improvements along Elvis Presley Boulevard in Whitehaven.
Memphis-based pharmaceutical company GTx Inc. on Tuesday, Feb. 21, announced that the U.S. Food and Drug Administration had placed a clinical hold on the company’s Phase II clinical studies for Capesaris.
Looney Ricks Kiss, also known as LRK Inc., has received three awards in the 2011 Best in American Living Awards by the National Association of Home Builders.
The Shelby County Commission’s overtime deliberations on redistricting have pulled in elements of other political issues.
MEMPHIS NEWSMAKERS
Jessica Chamberlain has joined MBI as a workspace consultant.
LOCAL COLUMNISTS
Guerrilla marketing: unconventional marketing techniques designed to generate a significant return with a limited financial investment. It’s every business owner’s dream.
Good news continues to exceed bad news, and the markets stand at multi-year highs. Political tensions that whipped the markets about last year have taken a secondary role, as stronger economic data and low market valuations have taken a primary role. With the Dow Jones Industrial Average kissing 13,000, a level unseen since May 2008, let’s compare the fundamentals now and then.
STATE GOVERNMENT
NASHVILLE (AP) – A proposal to freeze Tennessee lawmakers' expense reimbursements rates has been delayed in the state Senate amid concerns about rising gas prices.
NATIONAL BUSINESS
NEW YORK (AP) – Wal-Mart Stores Inc.'s business offers valuable insight into how Americans are reacting in the slow economic recovery: they will spend, but only if they believe they're getting the lowest prices.
PHILADELPHIA (AP) – Cable TV giant Comcast is launching a new subscription video service that will enable its customers to instantly view movies and TV shows both in and out of the home.
NEW YORK (AP) – Barnes & Noble said Tuesday that its fiscal third-quarter net income fell 14 percent, as rising costs offset higher sales. The company also said it will introduce a cheaper Nook Tablet.
NATIONAL GOVERNMENT
WASHINGTON (AP) – The Supreme Court has added another 30 minutes to upcoming arguments over President Barack Obama's health care overhaul. The sessions now will span six hours over three days in late March.
WASHINGTON (AP) – Federal workers have become the go-to targets as Congress, and the White House, search for ways to lower the deficit, pay for tax cuts and put off looming reductions to defense spending.
HEALTH CARE
TRENTON, N.J. (AP) – Federal regulators have approved new suppliers for two crucial cancer drugs, easing critical shortages that had been ratcheting up fears that patients, particularly children with leukemia, would miss lifesaving treatments.