VOL. 127 | NO. 180 | Friday, September 14, 2012
Greater Memphis Chamber leader Dexter Muller is fond of recounting how hard it was to sell the Frank C. Pidgeon Industrial Park to site consultants for manufacturing companies.
New businesses find mentorship, funding and more in new accelerator
Shawn Flynn and Ryan Ramkhelawan have, both literally and figuratively, come a long way in a few months.
Memphis-based Pinnacle Airlines Corp. has asked a federal bankruptcy court judge in New York to throw out its contracts with unions representing pilots and flight attendants as the regional air carrier continues to negotiate for wage concessions and other similar measures.
A committee of countywide school board members and community leaders is recommending that the school board hire a search firm and conduct a national search for the superintendent of the merged school system.
Kroger has acquired the Belvedere Apartments in Midtown as part of a long-term project to reconfigure the grocery store’s antiquated and challenged layout.
Free People, a high-end women’s retailer of apparel and other items, will open at The Shops of Saddle Creek in Germantown on Friday, Sept. 14.
A memorandum of understanding is still to come. And there are the details of curriculum not to mention funding and a budget.
Only 2 percent of women-owned businesses break the $1 million mark in revenue, and of those that do, 56 percent of their sales come from corporate clients.
MEMPHIS STANDOUT
Memphis native Laura Terry, development officer at The MED Foundation, has dedicated her career to bettering the community by working in the Bluff City’s nonprofit sector – something she attributes to her parents’ influence.
LOCAL COLUMNISTS
THE HEART BEATS. AGAIN. A lifetime ago, screwdrivers with lifetime guarantees came from an art moderne castle, and screwdrivers with orange juice came from the only other Friday’s outside of Manhattan.
Reinvention intention: the energy, creativity and follow-through that brings change to life.
REGIONAL
ST. LOUIS (AP) – Mayors from more than three dozen communities along the Mississippi River are coming together in hopes of drawing attention – specifically that of federal lawmakers – to the challenges they face on the banks of the nation's largest waterway.
NATIONAL BUSINESS
WASHINGTON (AP) – The U.S. federal budget deficit increased by $191 billion in August and has topped $1 trillion for the fourth straight year.
WASHINGTON (AP) – The number of Americans seeking unemployment benefits jumped to the highest level in two months, although the figures were skewed in part by Hurricane Isaac.
BATON ROUGE, La. (AP) – Piccadilly Restaurants, a Baton Rouge-based cafeteria chain, has filed Chapter 11 bankruptcy.
NATIONAL GOVERNMENT
WASHINGTON (AP) – The Federal Reserve unleashed a series of bold and open-ended steps Thursday designed to stimulate the economy by boosting the stock market and making it cheaper for people to borrow and spend.
WASHINGTON (AP) – As its last major act before leaving Washington for the fall campaign, the House is voting to put the government on autopilot for six months.
REAL ESTATE
LOS ANGELES (AP) – The evolution of the U.S. foreclosure crisis is increasingly diverging along state lines.