VOL. 128 | NO. 22 | Friday, February 1, 2013
Smith & Nephew eliminated nearly 100 jobs in Memphis and Andover, Mass., on Thursday, Jan. 31, as the medical device company cuts expenses in an effort to offset tax hikes included in the Affordable Care Act.
Haslam maps out path for third year in office
Going into his third year as Tennessee governor, Bill Haslam has redrawn some political lines as he has worked toward an ambitious restructuring of state government and the way it works.
Archer-malmo has inked an additional 3,000 square feet in the Cotton Exchange Building, bringing its total footprint in the historic 12-story Downtown tower to 41,277 square feet across six floors.
Scott Case, the founding chief technology officer of Priceline.com and Startup America CEO, had some words of praise for Memphis and Tennessee while on a panel at November’s Ernst & Young Strategic Growth Forum in Palm Springs, Calif.
Two leaders of the Craig Petties drug organization were caught with cell phones while they were prisoners at the federal prison in Mason, Tennessee last year and a third was suspected of trying to have a kilogram of cocaine delivered to him in prison.
New Breed Logistics recently announced plans to expand its Memphis operations with an investment of $23 million that will create 468 warehouse and distribution jobs.
Six new teams have been lined up for the 2013 Seed Hatchery cohort.
MEMPHIS STANDOUT
If Cato Johnson ever decided to leave his position as senior vice president of corporate affairs at Methodist Le Bonheur Healthcare, he could quite possibly become an epic spokesperson for an energy drink. A healthy one, that is.
There’s more than one way to reach the big game.
Josh Pastner adores Conference USA. If he were to put this sentiment to music, he would pick up a guitar and sing C-USA-inspired tributes such as “Hard to Love” and “You Don’t Know Her Like I Do.” As it is, he will send Valentine’s Day roses and chocolates to the league’s administrative offices in Irving, Texas.
LOCAL COLUMNISTS
IT’S NOT BUSINESS ANYMORE. IT’S PERSONAL. This is our town, and you’re not welcome here.
Part two of a two-part series Commitment is at the heart of all successful nonprofit fundraising. It needs to be developed and sustained. It starts with the organization’s leadership – the executive director or CEO, board members as well as leadership level employees and volunteers. The purpose and vision for proposed fundraising needs to be carefully discussed by these parties, ideally through one-on-one conversations with time for challenging questions and clear answers.
REGIONAL
JACKSON, Miss. (AP) – The Coast Guard is permitting restricted commercial vessel traffic on the Mississippi River near Vicksburg, Miss., as crews work to remove oil from a leaking barge, a Guard spokesman said Thursday.
NATIONAL GOVERNMENT
WASHINGTON (AP) – Congress passed must-do legislation Thursday to permit the government to borrow hundreds of billions of dollars more to meet its obligations, averting a first-ever government default that had loomed as early as mid-February.
WASHINGTON (AP) – The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona.
REAL ESTATE
One of the biggest U.S. mortgage processing companies has agreed to pay $121 million to resolve states' claims that it wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.