VOL. 127 | NO. 182 | Tuesday, September 18, 2012
Memphis-based FedEx Corp. reported Tuesday, Sept. 18, its net income for the first quarter ended Aug. 31 was down $5 million or about 1 percent.
Rhodes College program shines light on food issues
On a recent humid September morning, a group of casually dressed students sat cross-legged in a field on the Rhodes College campus, deeply engaged in a discussion about the various preparation methods and cultural associations of yams.
Nucor Corporation, which has a steel plant in Memphis, announced Tuesday, Sept. 18, that it is lowering its third quarter earnings to 35 cents per diluted share from earnings a year ago of 57 cents per diluted share.
NASHVILLE (AP) – The state Department of Education is withholding $3.4 million in funding from the public school system in Nashville over a rejected charter school.
Memphis City Council members should have a full chamber Tuesday, Sept. 18, as the council takes a vote on third and final reading of a non-discrimination ordinance.
Steve Jobs was famously meticulous about building out a certain kind of leadership team at Apple, with a view toward ensuring the company would be able to thrive long after its visionary co-founder was gone.
A shared open work space, modeled after incubators in Los Angeles and New York City, is on the brink of being launched in Downtown Memphis.
Shelby County Commission chairman Mike Ritz has been talking with some city of Memphis leaders about their opposition to the countywide sales tax hike he proposed for the Nov. 6 ballot.
GOVERNMENT AGENDA
The Memphis City Council will meet Tuesday, Sept. 18, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.
REAL ESTATE RECAP
869 Saxon Ave., Memphis, TN 38126 -
LeMoyne-Owen College is moving ahead with construction of its 336-room residence hall at the northwest corner of Saxon Avenue and Neptune Street, filing a $9 million building permit application for the four-story dormitory.
LOCAL COLUMNISTS
Last week we kicked off this series of reader-response columns by asking, “Why do you think Memphis Rocks?” So far, we have received some heartwarming stories, catchy slogans, and fascinating perspectives that all capture the essence of what makes our community so great. Let us go ahead and start sharing your responses while I encourage you, our readers, to keep the feedback coming, so we can share even more next week.
MEMPHIS AREA
NEW YORK (AP) – Investors who already have an idea of how FedEx Corp. performed in its fiscal first quarter will listen closely to what the world’s No. 2 package delivery company says about demand in the critical holiday shipping season when it reports financial results and expectations before the market opens Tuesday, Sept. 18.
STATEWIDE
NASHVILLE (AP) – The Tennessee Bar Association is planning public hearings across the state this fall to look for ways to improve the state's conservatorship law.
REGIONAL
LITTLE ROCK, Ark. (AP) – A federal court on Monday rejected a state senator's claim that a redistricting panel intentionally diluted the black vote in his district, ruling the decrease stemmed from politics but not racial discrimination.
NATIONAL BUSINESS
WASHINGTON (AP) – So much for silence from telemarketers at the cherished dinner hour, or any other hour of the day.
NEW YORK (AP) – The number of long delays in July involving planes stuck on airport tarmacs was more than the previous eight months combined, the government said Monday.
HEALTH CARE
NEW YORK (AP) – Cancer has overtaken heart disease as the No. 1 killer among Hispanics in the U.S., and the rest of the country may be only a few years behind.