VOL. 130 | NO. 196 | Thursday, October 8, 2015
Clayborn Temple, the home base for the sanitation worker strikes of 1968, is on its way to restoration after decades of neglect and four years on the market. Nonprofit Neighborhood Preservation Inc. is taking over what is expected to be a multimillion-dollar project to return the church to religious, educational and community uses.
Only a few months after The Commercial Appeal got a new corporate parent – Journal Media Group – the Memphis daily is set to get another.
AutoZone is adding another $750 million to its ongoing share buyback program, the Memphis-based car parts retailer announced after market close on Wednesday, Oct. 7.
FedEx Corp. president and CEO Fred Smith made a rare public appearance Wednesday, Oct. 7, to talk about the global trading economy and the future of the logistics industry.
Rumors and speculation have long run rampant about potential development at the southwest corner of Union Avenue and McLean Boulevard, one of Memphis’ busiest intersections.
September real estate slumped in Shelby County, but according to real estate professionals, it’s nothing they haven’t seen before.
Though it’s been on a tear this year as rates have stayed low and supply remained somewhat thin, the Memphis-area mortgage market cooled a bit as the third quarter drew to a close.
The most competitive Memphis mayor’s race in 24 years goes to the city’s 403,227 voters Thursday, Oct. 8, along with races for all 13 seats on the Memphis City Council and the race for City Court clerk.
Virginia Tech, Penn State, Louisville, Miami (Fla.) and Kansas all know the feeling. They are Power Five schools that this season have lost to American Athletic Conference teams. But even beyond the victories, the AAC’s teams draw attention for close losses. East Carolina, which defeated Virginia Tech, only lost by a touchdown to Florida.
The city’s Raleigh Springs Mall project moved just a bit at the last Memphis City Council meeting before Thursday’s city elections.
LOCAL COLUMNISTS
Ray’s Take Out-of-sight, out-of-mind saving and investing is a great way to increase your money.
For the guy who said, “It ain’t over ‘til it’s over,” … it’s over. Yogi Berra – catcher, coach, manager and quip-coining character extraordinaire – died Sept. 22 of natural causes. He was 90 years old.
September typically delivers negative performance, and this September was no exception. September’s poor performance punctuated a dismal third quarter. Using MSCI stock indices, the USA, Europe and the emerging markets fell 7 percent, 9 percent and 18 percent respectively. Feeling down? You are not alone…
STATE GOVERNMENT
NASHVILLE, Tenn. (AP) — Tennessee lawmakers are set to vote on loosening vehicle emissions testing requirements as soon as they return in January, undeterred by Volkswagen's recent admission that it had been gaming the tests already in place.
MURFREESBORO, Tenn. (AP) — Gov. Bill Haslam said Tuesday that a long-term revenue plan is needed to address Tennessee's growing list of unfunded road projects, and that one-time money won't fix the problem.
NATIONAL BUSINESS
WASHINGTON (AP) — U.S. consumer borrowing advanced at a solid pace in August, as Americans took out more auto and student loans.
WASHINGTON (AP) — Monsanto Co. said Wednesday it will eliminate 2,600 jobs as part of a cost-saving plan designed to deal with falling sales of its biotech seeds and herbicides, which pushed its quarterly losses deeper into the red.
TECHNOLOGY
NEW YORK (AP) — Technology giants including Apple, Facebook, Snapchat and now Google want to take charge of how we get and see news on our phones.
NATIONAL GOVERNMENT
WASHINGTON (AP) — The Federal Aviation Administration has signed an agreement to test technology that could locate the operators of small drones that are flying illegally near airports, as the government tries to crack down on near-collisions with manned aircraft.
EDUCATION
CAMBRIDGE, Mass. (AP) — The Massachusetts Institute of Technology has offered free online courses for the last four years with one major downside: They didn't count toward a degree. That's about to change.