VOL. 127 | NO. 7 | Wednesday, January 11, 2012
Memphis-based Pinnacle Airlines Corp. has proposed to United Steelworkers union leaders that all employees represented by the union take a 5 percent pay cut as the regional air carrier struggles to rework its financial arrangements with employees and major airlines.
Team Max serves in unconventional ways
Philanthropy takes a lot of planning and a lot of caution – so much so that young adults might give it a wide berth when it comes to ongoing involvement in the fundraising that is a central function of philanthropy.
Medical device development company Launch Medical is planning to expand its Bartlett operations by investing $4.8 million in the company’s existing building on Wolf Lake Road. Over a five-year period, the expansion will create 40 jobs centered on manufacturing medical device prototypes.
NEW YORK (AP) – Hostess Brands Inc., the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection, blaming its pension and medical benefits obligations, increased competition and tough economic conditions.
NASHVILLE (AP) – State lawmakers opposed to legislative redistricting plans are questioning the desire of Republican leaders to pass them so quickly.
Hosted by the schools consolidation transition planning commission, the forum featured lots of opposition to the coming schools consolidation and concerns about student achievement and the movement of students and teachers among schools.
MEMPHIS (AP) – Russell Westbrook couldn't hit a shot last time he faced the Memphis Grizzlies.
Kimberly-Clark Corp., a global manufacturer of hygiene and personal health products, has entered the local industrial market in full force.
A regional manufacturing firm is expanding and relocating its current facility from Somerville to Brownsville, adding jobs and spurring economic development along the way.
The completion of the Human Genome Project in 2003 resulted in a more personalized approach to health care, with science moving away from a one-size-fits-all model and toward customized care based on individual genotypes.
There isn’t a lot of optimism that a fresh start on redistricting by the Shelby County Commission will give any plan the nine votes needed to win final approval or produce a new plan.
Beignet Café and Blues Bar in Downtown Memphis’ South Main Historic Arts District is being replaced with a new restaurant venture.
MEMPHIS NEWSMAKERS
Wendy Holtz has joined Fulmer Cos. as its marketing communications manager.
LOCAL COLUMNISTS
Selling is tough. It’s hard on the ego and requires exceedingly high energy levels. That’s why it takes more than money to keep salespeople fired up and on target.
REGIONAL
JACKSON, Tenn. (AP) – Electric car owners will soon be able to plug in at a spot known for a different kind of locomotion – Casey Jones Village in Jackson.
STATEWIDE
CHATTANOOGA (AP) – Audi of America's president said Chattanooga is an "attractive potential location" as the automaker scouts possible future production sites in the United States.
CLINTON, Tenn. (AP) – Eagle Bend Manufacturing, Inc., is planning a $64 million expansion of its Clinton plant over the next five years. The move is expected to create 188 new jobs.
STATE GOVERNMENT
NASHVILLE (AP) – Gov. Bill Haslam says he wants to make reductions in the state's estate tax and a small reduction on the sales tax on groceries.
NATIONAL BUSINESS
WASHINGTON (AP) – U.S. employers stepped up their hiring in November but pulled back slightly on the number of jobs they advertised.
DALLAS (AP) – It comes as no surprise for experienced travelers, but novices are sometimes shocked to find that the final cost of airline trip can be much higher than the price touted on the airline's website or advertising.
ROCHESTER, N.Y. (AP) – Eastman Kodak Co. said Tuesday it has realigned and simplified its business structure in an effort to cut costs, create shareholder value and accelerate its long-drawn-out digital transformation.
NATIONAL GOVERNMENT
WASHINGTON (AP) – The Federal Reserve paid the federal government $76.9 billion in 2011, the second highest amount in history. The central bank earned the money from investments made to bolster the U.S. economy.
WASHINGTON (AP) – In colorful give and take, the Supreme Court debated whether policing curse words and nudity on broadcast television makes sense in the cable era, one justice suggesting the policy is fast becoming moot as broadcast TV heads the way of "vinyl records and 8-track tapes."
SPORTS
MEMPHIS (AP) – The Memphis Grizzlies will be wearing a "GB" patch on their uniforms the rest of the season in tribute to the late Gene Bartow.
TECHNOLOGY
SAN FRANCISCO (AP) – Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information.