VOL. 127 | NO. 228 | Wednesday, November 21, 2012
First Tennessee Bank’s parent company is not yet in a position to report how many of its employees have accepted or will be accepting a voluntary buyout package the company offered last month to about 400 employees.
Organization connects hospitality industry with healthy lifestyle tools
The hospitality industry is the nation’s largest private sector employer, yet many in its workforce do not have access to affordable and consistent health care, education opportunities or financial mentoring.
Countywide school board members put off a vote Tuesday, Nov. 20, on a recommendation to close 21 schools in northwest and southwest Memphis.
Medtronic Inc., the world’s largest medical device maker, on Tuesday, Nov. 20, announced overall net income of $902 million, or $0.88 per share, for its second quarter of fiscal year 2013, which ended Oct. 26.
If the walls could talk in the log cabin on the campus of First Assembly Christian School in Cordova, they might tell stories of home life in 1836 or of the visiting missionaries who used to stay there.
Healthy Memphis Common Table continued with its mission to improve the health of people in the Memphis area by confronting the area’s obesity crisis at its recent Let’s CHANGE Summit.
MEMPHIS NEWSMAKERS
Jonathan Scharff has been elected vice president, legal and general counsel for Buckman and corporate secretary for Bulab Holdings Inc., Buckman’s parent company. Scharff has more than 22 years’ experience in the legal industry, including positions at Greensfelder, Hemker & Gale PC in St. Louis and Harris Shelton Hanover Walsh PLLC in Memphis. In his new position, he will oversee legal needs in U.S. and global operating companies and work with associates in preventing and managing legal risks.
LOCAL COLUMNISTS
With social media networks flying past some once unthinkable records, including surpassing 1 billion users across all major platforms, it’s not surprising that we’ve witnessed some significant brand blunders as users figure out how to properly utilize these tools.
The words “creative” and “creativity” have been hi-jacked by the world of advertising. The word means something specific to those familiar to Mad Men or Thirtysomething advertising stereotypes. In these cases – and the cases of classic advertising – creativity was visual, copy or positioning cleverness applied at the end of the new product process, when it was time to market downstream.
MEMPHIS AREA
Memphis-based discount store and pharmacy operator Fred’s third-quarter net income declined 27 percent as sales in its established stores dropped and its costs rose.
NATIONAL BUSINESS
WHITE PLAINS, N.Y. (AP) – Twinkies will live to see another day.
NEW YORK (AP) – Struggling Best Buy Co. reported another dismal quarter on Tuesday, recording a third quarter loss and continued sales slump just as the crucial holiday season revs up.
NEW YORK (AP) – Lowe's Cos. reports its third-quarter net income surged 76 percent, helped by lower costs and higher revenue, as the company's efforts to revamp its merchandise and prices appeared to be gaining traction.