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VOL. 125 | NO. 216 | Friday, November 5, 2010

Chipotle to Open First Memphis Locale

A Mexican eatery will be the latest tenant to occupy space in one of Memphis’ most populated areas, where it is joining several corporate retail giants.

Keep the Music Playing

Ardent uses Kickstarter to fund Sessions series

Ardent Studios has jumped into the fray of creative types by using Kickstarter, a website that allows users to raise money.

Pet Hospital Signs Lease at Corner Shops

A new pet hospital is among the most recent tenants at The Corner Shops of Canada Road.

Bankers’ Reactions Mixed to Fed Jumpstart Attempt

A harbinger of rampant inflation. A sign the economy is still not on the right track. A Hail Mary pass.

Sock Sale to Benefit Big Brothers Big Sisters

New York-based designer V.K. Nagrani will be at Oak Hall’s fall Trunk Show Saturday from 10 a.m. to 6 p.m. to unveil an exclusive, limited-edition sock he designed as a fundraiser for Big Brothers Big Sisters of Greater Memphis.

Local Weather
Memphis, TN
Partly Cloudy
Wind: from the West at 11.5 gusting to 19.6 mph
Humidity: 50%


The Family Focus Adoption Center 2010 will be held Friday at 8 a.m. at the Memphis Marriott, 250 N. Main St. Cost is $115 per person. For more information or to register, call 327-6650 or visit www.agapemeanslove.org.

more events »

Harrah’s Lays Off Tunica Employees

Harrah’s Entertainment is laying off 5 percent of the work force at its three Tunica casinos.

Hilton Cuts 101 in Memphis

Hilton Worldwide is cutting 101 positions at its Memphis operations and commercial service centers, located at 755 Crossover Lane and 3180 Players Lane.

Chandler Finds Cookbook Writing ‘Simply Successful’

Jennifer Chandler cooks in an ordinary galley kitchen with one sink, one Jenn-Air stove and one Sub-Zero refrigerator, which was in the house already.


Finally, beer worthy of the water.

Marketing An Organization: Creating Your Case

Editor’s Note: Part Two of a Two-Part Series


Scripps Networks Profit Jumps on Ad Revenue

KNOXVILLE (AP) Scripps Networks Interactive Inc., which runs the Travel Channel, Food Network, and other cable channels, said on Thursday that its third-quarter profit jumped 55.7 percent on surging advertising revenue, beating analyst expectations.


Olin Moving East Alton Plant to Mississippi

EAST ALTON, Ill. (AP) – Despite the urging of two federal lawmakers, Olin Corp. says it is moving an ammunition plant and 1,000 jobs from Illinois to Mississippi.


Productivity Rebounds While Labor Costs Decline

WASHINGTON (AP) – Productivity showed a modest rebound in the July-September quarter while labor costs fell slightly.

Heavy Discounts Fuel Only Modest Retail Gains

NEW YORK (AP) – Americans took a pause in shopping in October, leaving retailers with their weakest peformance since April as unsually warm weather depressed their appetite for cold weather items.

Walgreen CEO Gets Nearly 30 Pct Pay Boost on Bonus

NEW YORK (AP) – The CEO of Walgreen Co. made nearly 30 percent more in fiscal 2010 because of a boost in his performance-related bonus as the nation's largest drugstore chain improved profits and revenue despite the down economy.

Mortgage Rates Rise to 4.24 Pct, Near Record Low

WASHINGTON (AP) – Rates on 30-year fixed mortgages edged up this week to an average of 4.24 percent, still close to their lowest level in decades.

Applications for Jobless Aid Rise Sharply

WASHINGTON (AP) – The number of people seeking jobless benefits jumped sharply last week, after two straight weeks of declines.

Costco's Key Revenue Figure Rises in October

ISSAQUAH, Wash. (AP) Costco Wholesale Corp.'s revenue at stores open at least a year climbed 6 percent in October as international results improved in part because of the weaker dollar.

Target Key Revenue Figure Rises 1.7 Pct in Oct.

MINNEAPOLIS (AP) Target Corp. said a key revenue figure rose 1.7 percent in October, slightly better than expected.


Fed Will Spend $600B in Latest Bid to Help Economy

WASHINGTON (AP) – The Federal Reserve will sink $600 billion into government bonds in a bold plan that it hopes will drive interest rates even lower than they already are and start the chain reaction that finally creates jobs and invigorates the economy.

Bernanke Defends New Fed Plan to Aid Economy

WASHINGTON (AP) – Worries are overblown that the Federal Reserve's plan to aid the economy could unleash inflation, Chairman Ben Bernanke said.

Obama Drops Plan to Limit Global Warming Gases

WASHINGTON (AP) – Environmental groups and industry seem headed for another battle over regulation of greenhouse gases, as President Barack Obama said he will look for ways to control global warming pollution other than Congress placing a ceiling on it.

Obama Calls for Bipartisan White House-Hill Talks

WASHINGTON (AP) – President Barack Obama has invited Republican and Democratic leaders of Congress to the White House to chart an agenda for the nation after midterm elections tilted power toward the Republican Party.

Senate GOP Leader Takes Aim at Health Care Law

WASHINGTON (AP) – The Senate's Republican leader has a simple postelection message for President Barack Obama: Move toward the GOP or get no help from its lawmakers.

Cantor Says House Will Focus on Overseeing Govt

WASHINGTON (AP) – The Virginia congressman expected to be the next House majority leader says Republican-led committees will devote more time investigating and exposing lapses by the Obama administration and problems with its programs, including bringing critical oversight reports to the House floor for very public debates.

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PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700

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