VOL. 127 | NO. 25 | Tuesday, February 7, 2012
Giving minority contractors a bigger share of the pie in doing business with local government is a hot topic at the moment.
Independent grocers survive Kroger, Walmart landscape
Last September Kroger Co. purchased nine Memphis-area Schnucks grocery stores.
Memphis City Council members take up the first of three readings Tuesday, Feb. 7, of an ordinance to annex the Grays Creek area that is in the city’s annexation reserve area.
A resolution that would involve Shelby County government along with the countywide school board in any transfer of school buildings to another school district surfaced Monday, Feb. 6, after a weekend of behind the scenes talks.
British medical device maker Smith & Nephew – whose Orthopaedic business employs about 2,000 workers in Memphis – announced Monday it had reached a $22.2 million settlement agreement with the Justice Department and the U.S. Securities and Exchange Commission surrounding criminal and civil allegations the company bribed Greek government doctors to secure business.
Jury selection in the trial of two men accused of being hit men for a powerful Memphis-based drug organization began Monday, Feb. 6, with a long line of jurors seeking to be disqualified from jury duty for emergency reasons.
AREA Property Partners affiliates have bought four Class A warehouses totaling about 835,000 square feet from Kansas City Life Insurance Co. for $23.6 million.
LeMoyne-Owen College President Johnnie B. Watson grew up in a housing project across the street from the historically black liberal arts college he now leads at 807 Walker Ave. in South Memphis.
Memphis-based commercial real estate firm SMPO Properties Inc. has executed a lease with The Miami Herald Media Co. for the former U.S. Southern Command Headquarters building in Doral, Fla.
Neil’s Bar is moving to East Memphis, across town from its Midtown home of nearly 20 years that was destroyed in a fire last year.
MEMPHIS (AP) – Tony Parker appreciates San Antonio coach Gregg Popovich's conservation plan.
Political patronage is not the threat to state employees that it once was because state government is bigger and has a broader scope of services, Tennessee Gov. Bill Haslam says.
The Memphis City Council will meet Tuesday, Feb. 7, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St.
REAL ESTATE RECAP
1115 College St., Memphis, TN 38106, Permit Cost: $4 million -
The Soulsville Foundation has filed a $4 million building permit application with the city-county Office of Construction Code Enforcement for a 15,000-square-foot, one-story, multipurpose building at The Soulsville Charter School.
Last week we spotlighted BRIDGES, an organization helping to build a community of leaders to advance racial, economic, educational, and environmental justice. This week, as we reflect on a recent visit from LPBC guest speaker Dr. Joseph Michelli, let us share some of his sage advice, which could redefine priorities and ignite our effect on future generations: a legacy statement.
NASHVILLE (AP) – Proposals to change the retirement system for public employees in Tennessee have stalled in the Legislature.
NASHVILLE (AP) – Gov. Bill Haslam's first effort to reduce state boards will merge six panels with significant environmental duties into three, affecting one with regulatory power over gas stations, including the family's Pilot Travel Centers.
MIAMI (AP) – JP Morgan Chase & Co. has agreed to pay $110 million to settle a class-action lawsuit claiming the bank charged excessive checking overdraft fees.
JACKSONVILLE, Fla. (AP) – A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.
WASHINGTON (AP) – President Barack Obama's call to shrink the military, shut bases and cancel weapons to meet the demand for budget cuts tests the resolve of lawmakers who came to Washington determined to slash the deficit.
WASHINGTON (AP) – Tax reform sounds like a good idea to lots of people, but where to start? Eliminate the popular deduction for home mortgages? End the write-off for charitable contributions? How about expanding the Social Security payroll tax?
NEW YORK (AP) – Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.