VOL. 127 | NO. 26 | Wednesday, February 8, 2012
A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.
Analysis: Some ads on fire, others up in flames
Would you write a check for $116,000 for one second of TV airtime?
Tennessee’s financial ledger is in good shape. The current state budget is balanced. For the first five months of the current budget year, general fund collections have outpaced projections by about $188 million.
An agreement reached between Memphis-based holding company Pinnacle Airlines Corp., its subsidiary Colgan Air Inc., Continental Airlines Inc. and United Air Lines Inc. tweaks the terms of a purchase deal between the parties – and hopefully will be one more step toward avoiding bankruptcy by Pinnacle.
The former Mazda North America Inc. distribution center in Olive Branch has been acquired by Hillwood Investment Properties for $13.5 million.
Triumph Bank has added a new office - its fifth in the Memphis market.
January home sales posted an 8 percent increase compared to the same month a year ago as average pricing remained flat, due in large part to the market’s abundance of foreclosures.
A person familiar with the talks says the Big East is in discussions with Memphis about the Tigers joining the conference in all sports.
British medical device maker Smith & Nephew – whose Orthopaedic business employs about 2,000 workers in Memphis – announced Monday it had reached a $22.2 million settlement agreement with the Justice Department and the U.S. Securities and Exchange Commission surrounding criminal and civil allegations the company bribed Greek government doctors to secure business.
The U.S. Food and Drug Administration’s recent preliminary agreement to work toward more predictable, transparent reviews of new medical implants in exchange for doubling user fees for manufacturers could help stabilize the beleaguered medical device industry.
On Feb. 1, the Memphis Business Journal launched an online bracket competition designed to lead to readers’ selection of the city’s best chef.
A set of ground rules for how public school buildings are transferred to municipal school districts is in the making despite a tie vote Monday, Feb. 6, that defeated a plan by some on the Shelby County Commission.
Sarah Logan has joined the American Heart Association as director of the Heart Ball.
Economic advances contain fits and starts. Our “spider senses” lead us to believe that the data received up to this point correlate more with a mid-cycle slowdown than with a late-cycle contraction. To help us with orientation, let’s examine a few economic markers to vector in on our location.
Embezzlement can be a major embarrassment for a large firm or the kiss of death for a small business.
GAINESVILLE, Ga. (AP) – Georgia's attorney general says residents should be open to the idea of Chattanooga's airport becoming "Atlanta's second airport."
NASHVILLE (AP) – The Tennessee Lottery launches a new game on Tuesday with the biggest top prize in the history of the state game.
NASHVILLE (AP) – State Rep. Curry Todd waived a preliminary hearing on drunken driving and weapon charges and his case was sent to a grand jury on Tuesday.
MOUNT PLEASANT, Tenn. (AP) – Gov. Bill Haslam's plan for writing the state's judicial selection system into the Tennessee Constitution survived a challenge Tuesday from a fellow Republican in the state House.
NASHVILLE – The sponsor of a bill that would make it a felony to harbor or transport an illegal immigrant has withdrawn the measure from consideration.
WASHINGTON (AP) – Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend school.
WASHINGTON (AP) – Ben Bernanke on Tuesday reiterated the Federal Reserve's plan to hold interest rates near record lows until at least late 2014.
WASHINGTON (AP) – The prospects for an extension of President Barack Obama's signature payroll tax cut, once considered a slam dunk on Capitol Hill, now seem far less certain as House-Senate talks have deadlocked over finding ways to pay for it.
WASHINGTON (AP) – The House on Tuesday backed legislation to sell off or consolidate some of the thousands of underused or unneeded federal buildings, potentially saving taxpayers billions of dollars.