VOL. 128 | NO. 11 | Wednesday, January 16, 2013
After weeks of discussion, talks between Shelby County Commissioner Steve Mulroy and leaders of the city’s hospitality industry broke down on Mulroy’s “wage theft” ordinance.
Shelby County homebuilders rally with strong 2012
Local homebuilders filed 26 percent more permits in 2012 than 2011, the culmination of a dramatic change in the market that began last May.
Former Vice President Al Gore will be in Memphis next month to talk about and sign his new book.
Local homebuilders saw a 37 percent increase in filed permits in the fourth quarter year over year.
Keeping in line with 2012’s trends, homebuilding activity in December saw a healthy increase from the same month in 2011.
The trend for alignment between hospital systems and private physicians hit the Mid-South in mid-2010 and has gained momentum since.
The Carter Malone Group LLC wants to help area small business owners figure out how the cookie crumbles, so to speak, when it comes to entrepreneurship and owning a business venture.
No new mediation sessions were scheduled as of Monday evening in the municipal school district court case in Memphis federal court.
Ally Guscette has been promoted to sales representative at Germantown-based brand-marketing firm P.O.P. Solutions Group LLC. In her new role, Guscette will help businesses develop brand awareness through promotional products, press kits, print materials and point-of-purchase displays. She joined the company in 2011 as part of a sales team and begins Germantown Leadership training this month.
A whopping 70 percent of consumers globally report trusting online reviews from strangers when making purchase decisions, according to Nielsen’s most recent Global Trust in Advertising study. In fact, four out of five consumers say they reverse their purchase decisions based on negative online reviews, according to a Cone study of online trends.
Forecasting 2013 The fiscal cliff episode proved bullish for stocks. Fearful asset owners facing tax code uncertainty pulled outsized income and capital gains into 2012. Sellers quickly became buyers to complete the tax arbitrage. For the week ended Jan. 9, investors poured $18.3 billion into stock mutual funds and ETFs, the largest combined inflow in five years. This capital re-commitment has propelled the S&P 500 3.25 percent higher in 2013. Does this mean that 2013 will continue to see fantastic equity returns? Domestic stock returns are driven by three primary components – earnings, dividends and valuations. Let’s consider each to arrive at our forecast.
NASHVILLE (AP) – Former Florida Gov. Jeb Bush inadvertently took aim at one of Tennessee Gov. Bill Haslam's legislative priorities this year when the two appeared at an education forum.
NASHVILLE (AP) – Gov. Bill Haslam confirmed Monday that he will introduce his own proposal to create a school voucher program in Tennessee, though he declined to elaborate about which parents he wants to make eligible to use public money to send their children to private schools.
LITTLE ROCK, Ark. (AP) – Gov. Mike Beebe says he will need the Legislature's help to attract "one of the biggest" economic development projects the state has ever seen.
NEW YORK (AP) – Holiday sales rose 3 percent, a major retail trade organization said Tuesday well below its forecast for a 4.1 percent gain.
NEW YORK (AP) – Why wait on Washington to fix the economy when there's Wal-Mart?
MEMPHIS (AP) – The U.S. Department of Agriculture has created a new loan program to help small farmers, including growers who want to take advantage of the soaring interest in locally produced food.