VOL. 127 | NO. 4 | Friday, January 6, 2012
Parkway Properties Inc. has sold the majority of its Memphis portfolio, totaling 672,247 square feet, to Hertz Investment Group LLC.
Pictures keep city’s homeless, underprivileged in focus
Whereas many people are accustomed to ignoring the homeless, photographer Bill Piacesi devotes himself to taking a closer look.
Memphis-based FedEx Express, a subsidiary of FedEx Corp., has come to terms with the U.S. Department of Commerce on six alleged civil violations of U.S. export regulations.
Obsidian Public Relations, a 6-year-old Memphis-based PR firm, is opening a Dallas office this spring.
Trane U.S. Inc. has finalized its 625,000-square-foot industrial lease in Southeast Memphis after the deal process initially began in January 2011.
Much of the shoptalk in logistics is about the journey goods make by roads and rail and jet and by river or sea.
MEMPHIS (AP) – Discount store operator Fred's Inc. said Thursday that sales in stores open at least a year slipped by 0.4 percent in December, slowed by unseasonably warm weather.
There were some on the Memphis City Council who thought that maybe Bill Morrison wouldn’t be back for a second four-year term – let alone start it by being chairman of the council for the next year.
The sky isn’t falling and Joe Jackson isn’t transferring.
In Memphis, the Gene Bartow story is easily told: He’s the only coach to take the Tigers to an untainted Final Four.
MINNEAPOLIS (AP) – The Memphis Grizzlies saw that Zach Randolph wasn't there to help them on Wednesday night, so they played harder.
OXFORD, Miss. (AP) – Mississippi's leading scorer Dundrecous Nelson was arrested and charged with possession of paraphernalia by the Oxford Police Department on Wednesday.
NASHVILLE (AP) – Nashville captain Shea Weber has been cleared to play in his return from a concussion that kept him out of four games, and he is expected to play Thursday night against Dallas.
ZURICH (AP) – FIFA is working with informers inside organized crime syndicates to help protect the World Cup from match-fixing and betting plots.
CAUGHT FOR LIFE. At five o’clock on a Sunday morning in 1969 the phone in the frat house rang. When a phone rings at that time on that day in a frat house, it’s a wrong number, bad news or somebody calling for bail money. This call was for me.
Happy New Year! We’ve been hearing whispers that 2012 may – just may – be a more prosperous than 2011. There may be more jobs, less unemployment and more good circulating throughout Memphis and the Mid-South. We believe in preparing for the best of times, placing stock in the adage that luck favors the prepared. In term of fundraising for nonprofit organizations and institutions, preparation is always the bedrock.
NEW YORK (AP) – Many retailers are reporting solid sales gains for December, capping a decent holiday season, but shoppers bent on discounts exacted a high price.
WASHINGTON (AP) – U.S. service companies grew at a faster pace in December, helped by an economy that gained strength in the final months of the year.
NEW YORK (AP) – Target lowered its earnings expectations Thursday following a disappointing December, with consumers waiting until the last minute to shop as well as weak sales of electronics.
CINCINNATI (AP) – Macy's Inc. is raising its earnings outlook for the fourth quarter and full year due to a strong holiday season and says it will double its quarterly dividend to 20 cents a share. The retailer is also increasing its share repurchase program by $1 billion.
NEW YORK (AP) – Moody's Investor Service is putting some of Walgreen Co.'s credit ratings on review for a potential downgrade after the expiration of the drugstore operator's contract to participate in the Express Scripts pharmacy network.
LOS ANGELES (AP) – U.S. album sales rose more than 3 percent last year for the first gain since 2004 – a sign that rising digital sales are finally stemming the decade-long decline of compact discs.
WASHINGTON (AP) – With an eye on the upcoming South Carolina primary, Republican presidential candidates on Thursday assailed President Barack Obama for bypassing the Senate to name three new members to the National Labor Relations Board.
WASHINGTON (AP) – The Internal Revenue Service says it sought extra tax payments last year from 1 in 8 people earning more than $1 million annually.
WASHINGTON (AP) – President Barack Obama is looking to boost summer job prospects for kids.