VOL. TMN-6 | NO. 51 | Saturday, December 14, 2013
Wharton, City Council deal with widening divide
December was already going to be a busy month at City Hall for the administration of Memphis Mayor A C Wharton Jr.
A bit of ice that resulted in the cancellation of the St. Jude Memphis marathon led to one of those rare chapters in the history of a city that has moderate winters.
EMPHASIS Regional Business
Calls for discussion on incentives grow as city fights for jobs
When the Economic Development Growth Engine of Memphis and Shelby County was formed in 2011, president and CEO Reid Dulberger knew it would take the organization a little time to gain its footing.
Pragati Srivastava, administrator for the Memphis Urban Area Metropolitan Planning Organization, is passionate about transportation and travel.
More than 40 percent of the customer deposit share in the Memphis-area banking market belongs to institutions that have a presence here but are based outside the area, the latest figures from the Federal Deposit Insurance Corp show.
APS Facility Maintenance was founded by Lorenzo Myrick as a janitorial staffing company in 1998.
THE MEMPHIS NEWS ALMANAC
2010: In The Memphis News cover story on new leadership at The Regional Medical Center at Memphis, MED president and CEO Reginald Coopwood said, “It was somewhat daunting in that, ‘Am I the closer, the guy who’s coming in to close the organization down, or is there an opportunity?’”
Walker enters 26th year as Alpha Omega director
Cordell Walker wanted to join the military in the 1960s as his older friends were enlisting or being drafted for the Vietnam War.
Shelby County homebuilding activity continued to cool off in November, with builders filing fewer permits and selling fewer new homes compared to the same month a year ago.
In 2008, Memphis-based Makowsky Ringel Greenberg LLC developed The Shops of Angelos Grove retail center in Marion, Ark.
The good news keeps coming for Paragon National Bank.
The deal for the city to buy AutoZone Park that had to be done by the end of December can wait until after the new year begins.
Poplar corridor becoming hotbed for new eateries
If you blink, you might miss a new restaurant opening along the Poplar Avenue corridor in East Memphis.
For two years, Memphis police mounted an investigation in the Riverside section of South Memphis against a long-running drug organization allegedly headed by Kenneth and Keith Bohanon.
Borrowers are still rushing to lock in low rates, take advantage of a seemingly improving economy and get those keys to a new home in their hands.
Shelby County home sales appear to be in seasonal slowdown mode, with agents selling fewer homes compared to the same month last year, according to real estate information company Chandler Reports.
The Memphis Chapter of The Appraisal Institute presented veteran real estate appraiser Robert Stephenson with its prestigious Lifetime Achievement Award on Friday, Dec. 5.
RocketFuel hitting stride as it makes bigger plans for 2014
The fun, quirky vibe found at Memphis-based Web design company RocketFuel is readily apparent via things like remote-controlled helicopter jousting sessions between employees, and life-sized cutouts of figures like Spock in the office.
The last of the suburban schools agreements is making its way through a set of votes that should settle who gets what schools and the end of the federal court lawsuit contesting the formation of the six municipal school districts.
Tennessee Gov. Bill Haslam says his letter this week to Health and Human Services Secretary Kathleen Sebelius on the terms of a possible Medicaid expansion in Tennessee means ongoing talks between his administration and Sebelius’ office will continue.
Carver High School has survived another attempt to close it.
Memphis-based AutoZone Inc. saw its profit rise 7.2 percent during the company’s just-ended fiscal first quarter, a strong start to the company’s new year that equated to a $14.6 million increase in net income over the same period in 2012.
Salvation Army seeks new generation of donors
It’s a holiday symbol that is nearly as synonymous as Christmas trees and fruitcake: the Salvation Army Red Kettle.
Southwest Airlines provided everyone in the nearly 1,000-person crowd at the Greater Memphis Chamber’s annual chairman’s luncheon Tuesday, Dec. 10, with a voucher worth $100 to use on a flight.
Memphis City Council members received some more answers Monday, Dec. 9, to their questions about the proposal for the city to buy AutoZone Park. But some of those answers were different than the ones they got to the same questions last week.
The 11th annual Bobby Dunavant Public Servant Awards in 2014 will be awarded against a backdrop of the largest election ballot in Shelby County history.
Construction documents for the $180 million revitalization of the Crosstown building were scheduled to be finished Friday, Dec. 6, with the project moving toward closing and construction in the next months.
Memphis Union Mission is ramping up its efforts to help the homeless during the holiday season.
It seems like just yesterday that temperatures were stifling and everyone who really mattered in the college football world – the SEC’s coaches and top players – had met in Hoover, Ala., for that little party known as SEC Media Days.
The Oklahoma City Thunder had Kevin Durant and Russell Westbrook. The Memphis Grizzlies had Jamaal Franklin and Nick Calathes.
Denise Burnett entered Evangel University in Springfield, Mo., to major in journalism and minor in political science with dreams of joining the Fourth Estate.
MEMPHIS LAW TALK
At the end of his first semester of college, Josh Baker of Martin Tate Morrow & Marston PC traded in the bright orange of the University of Tennessee at Knoxville for the desert khaki of the United States Marine Corps.
Heidi Scartozzi has joined the Hilton Memphis, managed by Davidson Hotels & Resorts, as director of sales. Scartozzi is a 15-year hospitality veteran, most recently serving as a regional director of sales for JQH Hotels and Resorts, servicing 13 hotels on the West Coast.
REAL ESTATE RECAP
7945 Wolf River Blvd., Germantown, TN 38138, Sale Amount: $22.5 million -
Methodist Le Bonheur Healthcare has bought the Germantown Multispecialty Center at 7945 Wolf River Blvd. for $22.5 million from UT Medical Group Inc.
THIS SEASON, RAISE A GLASS TO US. “Have a beer. When you can find something we can all agree on, something we can all be proud of, something unifying, you should drink to it. Seriously. Drink to it.”
Social media is a terrific opportunity to engage with the marketplace and build brand loyalty. Unfortunately, along with the reward comes risk. When a social media campaign backfires, your failure can be quite public.
With another successful earnings season in the books, earnings news will move to the backburner for financial market observers. In the midst of this earnings vacuum, economic news moves to the forefront, as investors try to determine if the strong earnings will be sustainable via a healing economy. Or, if the economic support is beginning to deteriorate, perhaps earnings have peaked.
Last week, I thanked all who had weighed in on the issue of stopping unwanted calls from marketers. One contributor (“Tanya”) sent me what was represented as something that had helped “cut down on phone calls to me.”
Ray’s Take What’s the right portfolio balance for you? There are no stock answers (no pun intended). The makeup of your personal stock, bond and investment portfolio balance is as individual as your fingerprints. It depends on your age, the number of kids you have, your fixed and discretionary costs, your income, risk tolerance, your health, your spending habits, and much more – not to mention your specific financial goals.
“To everything there is a season and a time to every purpose under the heavens." This is the biblical quote Beverly Robertson, president of the National Civil Rights Museum used to begin our conversation.
One generative exercise for any CPG company to explore growing market share is hold a session where a team role-plays a wide array of alternative revenue models for a particular brand.