VOL. 126 | NO. 197 | Monday, October 10, 2011
Local home sales saw an uptick during the third quarter, and local professionals say it’s due to the sluggish market conditions yielding incentives for buyers.
September 2011 saw an improvement in home sales, though not as impressive as the third quarter’s totals.
Former publisher ‘Jack’ Jones kept TDN thriving
Faith, family, philanthropy, a love of basketball and a passion for the newspaper business are the foundations of Memphian John Paul Jones’ life.
Community banks have always possessed a certain charm among American financial institutions, one embodied by personal touches, friendly service and fewer headaches and hassles than their bigger brethren.
Memphis Bioworks Foundation has been awarded a four-year, $3.7 million grant from the U.S. Department of Labor to deliver high-growth jobs training and jobs-placement assistance for long-term unemployed American workers.
Baptist Memorial Health Care Corp. is working to develop the Mid-South’s first adult multidisciplinary, comprehensive academic cancer center.
Green is the buzzword in business these days. From economic development to real estate construction, public and private initiatives focused on sustainability are reshaping the way business is conducted.
Memphis voters kept the turnout in last week’s city elections at less than 20 percent. About 18 percent of the city’s 426,580 or so voters showed up for the Thursday, Oct. 6, elections.
Boyle Investment Co. has inked a pair of new office leases at 999 S. Shady Grove Road in Ridgeway Center, building on its longevity with two local companies.
When Melissa Dixon, owner of Sugar Plum Consignments, came to Memphis in 2008 from Bolivar, Tenn., the local consignment and thrift stores soon caught her interest.
You are a small-business owner familiar with the rhetoric of the day. “Businesses would hire but are uncertain of …” You are more likely thinking, “I am certain that if I just had more customers I would be OK.” You like objectives to create jobs. You agree, but think, “If I just had more customers I could create a few jobs.”
Last week, we exemplified how tying a nonprofit into a business’ special promotion is an easy and effective way to benefit all involved. This week, let us spotlight an international education organization – with roots in Memphis – that is helping young people and adults make the connection between history and their own lives: Facing History and Ourselves.
THE MEMPHIS NEWS
Fast-growing Memphis companies named to Inc. 5000 list
On the surface, they don’t have much in common other than their home turf. They include everything from a venerable law firm, prominent regional investment companies, tech firms and even a business that manufactures food products like hot dogs and sandwich meats.
Another day, another list. The one we’ve highlighted in this week’s cover story, however, is not a ranking done by someone assigned to write something to talk about around the water cooler – that great American arbiter of the trivial. This one is an inventory in which 16 Memphis businesses are included in a tally of the nation’s 5,000 fastest growing businesses.
The Cooper-Young Festival, annually attended by 100,000 Memphians, has already passed, but the eclectic Midtown neighborhood hasn’t finished partying yet.
The interior of Vito’s To Go resembles a submarine in its claustrophobic crowding of narrow kitchen, prep table, drive-through accommodation, bread-making area, storage and office. Six years in the planning, the restaurant, which features coffee, breakfast, sandwiches, salads and pizzas only on a drive-through, delivery or call-in/pick-up basis, is the creation of Chris Conner, whose extensive experience in construction, engineering and the local restaurant business goes back to the mid-1980s.
Nothing on the front or the back labels tells consumers where the Marquis de la Tour Brut Rosé was made or who made it, other than that it’s a product of France. The truth is that this lightly sparkling wine hails from the Loire Valley, and it was produced by Remy Pannier, a very large manufacturer of a variety of wines from France’s “garden basket.”
MEMPHIS (AP) – The Tennessee Department of Tourism and Development says the state's tourism revenue in 2010 increased 6.3 percent from the previous year.
WASHINGTON (AP) – The jobs crisis isn't getting worse. But it isn't getting much better, either.
NEW YORK (AP) – Total U.S. money market mutual fund assets rose $4.87 billion to $2.639 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.
WASHINGTON (AP) – U.S. consumers slashed their borrowing in August by the most in 16 months. The drop suggests many worried about taking on new debt while the economy slumped and the stock market fluctuated wildly.
NEW YORK (AP) – Credit unions are basking in the spotlight again.
OMAHA, Neb. (AP) – A settlement over the theft of contact information for more than 6 million TD Ameritrade customers has received final approval.
WASHINGTON (AP) – Wholesale businesses increased their stockpiles of autos, computer equipment and heavy machinery in August, boosting inventories for a 20th straight month as their sales rose at the fastest pace in five months.
WASHINGTON (AP) – A government report released on Friday predicts that the federal budget hit a near-record $1.3 trillion in the just-completed fiscal year.
WASHINGTON (AP) – A top White House economic adviser says Republicans will be risking another recession if they block President Barack Obama's jobs bill.
TRENTON, N.J. (AP) – The first combination pill for the millions of people with the dangerous combination of diabetes and high cholesterol won U.S. approval Friday, offering convenience – and savings – to patients taking multiple pills.
WASHINGTON (AP) – The White House is taking new steps to safeguard classified information and protect government computer networks against unauthorized disclosures such as last year's release of thousands of pages of secret documents by the website WikiLeaks.
BRUSSELS (AP) – The European Commission approved Friday the proposed $8.5 billion acquisition of the Internet phone and video communication provider Skype by Microsoft Corp., saying the deal would not significantly impede competition in Europe.