VOL. 127 | NO. 101 | Wednesday, May 23, 2012
Memphis-based AutoZone Inc., the nation’s leading auto parts retailer, opened 33 new U.S. stores during the company’s third quarter that ended earlier this month.
Wottle retiring from Rhodes as 40th anniversary of gold medal race nears
When he applied to work at Rhodes College in the early 1980s, Dave Wottle left something off his resume.
Medtronic Inc. ended its 2012 fiscal year with a strong fourth quarter, driven by continued emerging market growth and strong U.S. sales of the company’s Resolute Integrity drug-eluting stent and RestoreSensor spinal cord stimulator.
The Shelby County Commission may not have the last word on a county government operating budget it added nearly $1 million to and for which it raided the county’s $90 million reserve fund to balance the budget.
Mallory Alexander International Logistics has capped eight years of successive export growth with the President’s “E” Star award to go with the Presidential "E" award the company earned in 2006
Investment firms nationwide are snatching up single-family real estate-owned (REO) properties, renovating and renting them, and then selling them to other investors.
This week marks a milestone for Memphis-based MRI Interventions Inc., which began trading as a public company Monday, May 21.
MEMPHIS NEWSMAKERS
Christy McFarland has been named the vice president of business at Visible Music College. Previously the director of marketing, McFarland will now oversee VMC’s marketing/public relations, business and operational functions.
LOCAL COLUMNISTS
Business owners and marketers around the globe are clamoring to assess the viability of Facebook advertising. After all, Facebook has amassed over 900 million active users in eight short years, making it easy to see what all of the fuss is about.
Flashback-ish Welcome back to 2011. Global growth jitters have returned, the U.S. has re-engaged in fiscal brinkmanship and the fate of the euro is back in question. Will 2012 be any different than 2011? Perhaps. This time Greece is not fighting to remain in the euro, it’s fighting to withdraw.
STATEWIDE
NASHVILLE (AP) – Department store owner Dillard's is laying off 125 workers in Nashville as it moves online fulfillment to a central Arkansas center.
UNION CITY, Tenn. (AP) – The first construction phase of a section of Interstate 69 in northwest Tennessee is ahead of schedule, but funds for the second phase are being held up.
REGIONAL
LITTLE ROCK, Ark. (AP) – A $32 million set of projects across seven states in the Mississippi River Basin will restore a variety of wetland types, from Iowa to Louisiana.
NATIONAL BUSINESS
NEW YORK (AP) – French hotel company Accor SA is checking out of Motel 6 and a prominent U.S. investment firm is moving in.
REAL ESTATE
WASHINGTON (AP) – Americans bought more previously owned homes in April, a hopeful sign that the weak housing market is gradually improving.
TECHNOLOGY
SAN FRANCISCO (AP) – Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing.