VOL. 129 | NO. 245 | Wednesday, December 17, 2014
Furniture retailer Ikea to open in 2016
Swedish retail giant Ikea will open a 225-employee store in the Wolfchase Galleria area in 2016.
FedEx on Wednesday, Dec. 17, reported net income of $616 million for the September-November quarter, a 23 percent increase from $500 million in the same period last year but slightly below Wall Street estimates.
For the starters, the best part of Tuesday night’s statement win at FedExForum came while they were on the bench.
A new tourism development authority being proposed for the Beale Street entertainment district would not replace the Beale Street Development Corp.
It appears Memphis Mayor A C Wharton Jr. and the Shelby County Schools board have settled the six-year dispute over city funding for schools without the Memphis City Council.
Memphis City Council members put to rest Tuesday, Dec. 16, at least the City Hall portion of the debate about city employee benefits and the liability of those benefits by approving changes to the city’s pension plan.
A major player in the development of outlet malls has jumped on board the long-planned effort to build a massive outlet mall in Southaven.
The city’s anti-blight contracts with nonprofit groups are back under new terms.
Partly driven by an uptick in loans, Memphis-based Paragon Bank turned in another positive showing during the third quarter, with year-to-date pre-tax earnings 35 percent higher than in the first three quarters of 2013, the bank said.
Dr. Barden Greenfield has been unanimously voted president-elect for the American Veterinary Dental College. In 2009, Greenfield started Your Pet Dentist, the umbrella that incorporates his involvement in Memphis Veterinary Specialists, Nashville Specialists and the Animal Emergency and Specialty Clinic of Little Rock. He has been on the AVDC board for three years, serving as chair of the PR Committee and as a member of the Credentials Committee.
When you shop Amazon for a product and then see that same product in a Facebook ad days later, it is certainly not a coincidence. It is a marketing strategy called ad retargeting, and it is dominating online advertising.
In 2014, more than 600 hedge funds have disbanded. Even accounting for the carnage of 2009, this amounts to a record pace of “smart money” failures. In the more pedestrian mutual fund realm, active money managers are having their worst year of relative performance ever.
NASHVILLE, Tenn. (AP) – A Tennessee Republican senator has joined lawmakers in other states who have filed legislation that seeks to curtail federal regulation.
DENVER (AP) – Saying Southwest Airlines is neglecting workers and its customers, baggage handlers are bringing attention to the company's slide in on-time performance as they seek a new contract.
NEW YORK (AP) – Two former employees of Sony Pictures Entertainment are suing the company for not preventing hackers from stealing nearly 50,000 social security numbers, salary details and other personal information from current and former workers.
NEW YORK (AP) – T-Mobile will now let customers carry over their unused cellular-data allotments.
SAN FRANCISCO (AP) – Robin Williams' suicide seared into the world's collective mindset more than anything else this year, based on what people were searching for on Google.