VOL. 127 | NO. 141 | Friday, July 20, 2012
Loeb Properties Inc. has closed its $7 million acquisition of Overton Square, after many months of negotiations with former owner, Denver Colo.-based Overton Square Investors LLC.
Homeless Connect tries to bring homeless home
It seems simple. Match the homeless with homes.
National Capital Management LLC has expanded by 3,900 square feet on the third floor at Southwind Office Center A, bringing the company’s total lease to 12,253 square feet.
The votes of citizens in the Lucy area near Millington on the municipal school district issue or in Millington elections for mayor and the board of aldermen will not count because the recent annexation of the area is on hold.
Bankruptcy filings in West Tennessee increased overall in the second quarter of 2012, although Chapter 7 bankruptcies, filed by the most hard-pressed debtors, fell slightly, according to The Daily News Online, www.memphisdailynews.com.
The Federal Reserve believes the economy of the central bank’s regional district that includes Memphis “continued to expand” modestly in June and early July.
Memphis International Airport saw an 18.1 percent drop in passengers for the fiscal year that ended June 30.
Merchants along Madison Avenue from Cleveland to Cooper streets are forming a business association.
MEMPHIS STANDOUT
When Charles Marshall co-founded Signature Advertising & Marketing Solutions with Mark Henry in 1994, the two were the firm’s only employees.
LOCAL COLUMNISTS
A PROPHET IS NOT WITHOUT HONOR, SAVE AROUND HERE. If William Faulkner looked out the window on this cloudy day he would see the still and always green magnolia leaves still and always sad still and always there still and always reminding remanding back still and always back in the sunless indolent superheated moment between a dark brooding now the even darker starker truth of then and the oppressive promise hanging in the coming storm of repeating the moment still and always the same.
You can never hire enough people to help with fundraising. If you are strategic you will look for individuals with volunteer management experience who can help build and support a diverse team of fundraising volunteers. This is different from hiring someone to “solve all your fundraising problems.” While most written job descriptions don’t include the previous phase, the idea is often an unspoken desire that drives hiring decisions. Our advice: acknowledge your desire; then work diligently to identify the right person with the right skills. Fundraising experience is not enough. We suggest keeping the following qualities in mind as you proceed.
STATEWIDE
NASHVILLE, Tenn. (AP) — Tennessee's unemployment rate rose 0.2 percent in June to 8.1 percent.
NASHVILLE, Tenn. (AP) — State officials are warning about a scam in which perpetrators offer to arrange payments of consumers' utility bills.
REGIONAL
LITTLE ROCK, Ark. (AP) — Nearly 11 percent of Arkansas is experiencing exceptional drought conditions and the rest of the state shows scant improvement, despite a little rain last week, according to data released Thursday by the U.S. Drought Monitor.
JACKSON, Miss. (AP) — Mississippi interim state superintendent Lynn House says a waiver from key provisions of the No Child Left Behind law means schools will have more flexibility with public education.
NATIONAL BUSINESS
WASHINGTON (AP) — A raft of economic news Thursday sketched a picture of a weakening U.S. economy held back by sluggish home buying and factory production.
WASHINGTON (AP) – The number of Americans seeking unemployment benefits rose by 34,000 last week, a figure that may have been skewed higher by seasonal factors.
OMAHA, Neb. (AP) — Union Pacific said Thursday that its second-quarter net income surged 28 percent, as the nation's largest railroad collected higher prices and fuel surcharges and handled slightly more cargo. Its shares rose 3.5 percent by the afternoon after hitting an all-time high earlier.
CHARLOTTE, N.C. (AP) — Nucor Corp. said Thursday that its net income slid 63 percent in the second quarter, dragged down by a joint-venture charge and expense connected to an acquisition.
NEW YORK (AP) — It's tough being a big bank these days.
The Walgreen pharmacy chain will begin filling prescriptions from customers in the Express Scripts network again starting in September under a new multiyear contract that ends a costly impasse between the companies.
Prices for corn and soybeans hit all-time highs Thursday as questions built about the extent of damage to the crops from the merciless summer heat.