VOL. 128 | NO. 106 | Friday, May 31, 2013
Discount retailer Fred’s Inc. said Thursday its first-quarter net income rose 9 percent, helped by a modest rise in sales and lower costs.
Whitehaven stakeholders hopeful Kroger investment only beginning
When leaders of the Delta Division of Kroger kicked off the $5 million renovation of the chain’s Whitehaven supermarket, some of the area’s community and business leaders were looking beyond the store’s parking lot.
The first financial ripples from International Paper Co.’s decision to build a fourth tower at its East Memphis campus are seeping out.
Memphis City Council members were looking Thursday, May 30, for a new budget plan to get City Hall on new financial footing after a state comptroller’s office report critical of city financial practices.
Tennessee Gov. Bill Haslam has, through his chief of staff, told Memphis Mayor A C Wharton Jr. and Shelby County Mayor Mark Luttrell that the state will not take over auto inspections in Memphis when city funding for the emissions testing runs out June 30.
Some people get up early to look at the sports pages or comics in the local newspaper, but Tim Bolding wakes up early to look at foreclosure notices.
Ever since Bon Ton Café reopened Downtown, the eatery has been rolling out incremental improvements.
Born and raised in Fayetteville, N.C., Douglas Scarboro has chosen to make Memphis his home. As the executive director of the Office of Talent and Human Capital for the City of Memphis, his job is to help others realize the opportunities and recognize the same assets that he has found here.
Maybe the fans standing and cheering moments before the Grizzlies were swept out of the Western Conference Finals were simply saying thank you for a great season, a franchise-best 56-win season and the team’s deepest playoff run in history.
Every time Tony Parker made another impossible shot, he was easy to hate. Every time Tim Duncan turned back the clock by sprinting down the court, he was easy to hate. Every time coach Gregg Popovich made an adjustment and put the Grizzlies’ offense deeper into the mud, he was easy to hate.
WHAT THESE GUYS DO ISN’T PROFESSIONAL. IT’S IMPOSSIBLE. I told this story last year and, like describing an exceptional shot much less a whole round of golf, it’s worth telling again. After all, this was a round of a whole lifetime, and lifetimes last a whole lot longer because of it.
Part two of three-part series on transformational giving Why does one nonprofit receive $1,000 from a donor when another receives $1 million? What is the difference between fundraising and the process of securing transformational gifts? To get some answers we talked with Barbara Pierce, founder of Transformative Giving.
NASHVILLE, Tenn. (AP) — Sudden guilty pleas by a pair of mid-level executives show the investigation into the truck stop chain controlled by the family of Tennessee's governor and the Cleveland Browns' owner is picking up steam, with prosecutors likely setting their sights on higher-ups at the company, experts say.
WASHINGTON (AP) — The average U.S. household has a long way to go to recover the wealth it lost to the recession, a report by the Federal Reserve Bank of St. Louis concludes.
WASHINGTON (AP) — The U.S. economy grew at a modest 2.4 percent annual rate from January through March, slightly slower than initially estimated. Consumer spending was stronger than first thought, but businesses restocked more slowly and state and local government spending cuts were deeper.
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose 10,000 last week to a seasonally adjusted 354,000. Still, the level of applications is consistent with steady hiring and remains near a five-year low.
WASHINGTON (AP) — The number of Americans who signed contracts to buy homes ticked up in April to the highest level in three years. The increase points to growth in home sales in the coming months.
WASHINGTON (AP) — Average U.S. rates on fixed mortgages jumped this week to their highest levels in a year, signaling slightly higher costs for homebuyers. But rates still remain low by historical standards.
LOS ANGELES (AP) — Sales of bank-owned homes have plunged to a five-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum.