VOL. 127 | NO. 131 | Friday, July 6, 2012
Delta Air Lines continued to tout passenger unit revenue gains and an increase in load factors on its jets for the month of June.
Catholic Charities launches mobile food pantry
Catholic Charities of West Tennessee (CCWTN) recently expanded its outreach to the poor by launching a new mobile food pantry that will travel throughout the region, providing sustenance to families in need.
Hillwood Investment Properties has purchased the 605,000-square-foot warehouse at 4221 Pilot Drive in Southeast Memphis for $7.5 million from Addison, Texas-based MM Industrial Memphis LLC.
Memphis Federal Court Judge Hardy Mays has set a Monday, July 9, status conference with all sides in the schools consolidation case.
Former Memphis Mayor Willie Herenton wants to open a charter school that draws its students from those youths in the custody or care of the Memphis-Shelby County Juvenile Court.
MEMPHIS STANDOUT
Beth Sanders is one of those people almost anyone knows if they’ve spent a significant amount of time in Memphis’ technology community.
LOCAL COLUMNISTS
IT’S NOT RACIAL. IF I’M LYING, I’M DYING. We are lying. And if we don’t realize it, we will die from it.
Volunteers are the heart and soul of your nonprofit even if you have a large staff. At the end of the day, volunteers can take you to places you haven’t even dreamed of. Our “stop, look and listen” program can help unleash the creativity and power of your volunteers.
STATEWIDE
NASHVILLE (AP) – The state agency responsible for setting rates and service standards for privately-owned utilities is lacking an executive director and board quorum.
NATIONAL BUSINESS
WASHINGTON (AP) – Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008. The healthier banking industry is helping sustain an economy slowed by lackluster hiring, weak manufacturing and Europe's debt crisis.
WASHINGTON (AP) – The former Countrywide Financial Corp., whose subprime loans helped start the nation's foreclosure crisis, made hundreds of discount loans to buy influence with members of Congress, congressional staff, top government officials and executives of troubled mortgage giant Fannie Mae, according to a House report.
WASHINGTON (AP) – Fewer people applied for U.S. unemployment benefits last week, and a private survey showed hiring picked up in June. The reports offered some hope for the job market after three sluggish months of hiring.
NEW YORK (AP) – Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in tepid sales for many retailers, including Memphis-based Fred’s Inc.
WASHINGTON (AP) – U.S. service companies grew in June at the slowest pace in nearly two and a half years, more evidence that the economy has weakened.