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VOL. 126 | NO. 52 | Wednesday, March 16, 2011

Trenary Move Signals More Change for Pinnacle

Pinnacle Airlines Corp. was already in transition before Monday’s announcement that Phil Trenary would resign as CEO on March 24. As the Pinnacle board begins a search for a new leader, the Memphis-based parent company of three regional air carriers faces more transition.

Agency of Record

Longtime ad firm archer>malmo reaches another milestone

Although the venerable marketing and communications agency archer>malmo may operate in a fiscally conservative manner, its forward-thinking concepts have kept the firm flourishing for almost 60 years.

Smith & Nephew Files Suit Against Former Employees

Medical device manufacturer Smith & Nephew Inc. has filed a multimillion-dollar lawsuit against nine former employees alleging a conspiracy to misappropriate company trade secrets developed for its human knee replacement business.

Council Considers Fairgrounds Bridge Loan - Partial Pyramid Seismic Study

A plan to finance $25 million in Fairgrounds improvements with a bridge loan from the city’s Capital Improvement Projects got a frosty reception Tuesday from Memphis City Council members.

Davis-Kidd Parent’s Bankruptcy Draws Ire

A group of creditors thinks the parent company of Davis-Kidd Booksellers in Memphis chose the wrong path in bankruptcy court.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: Northeast at 12.7 mph
Humidity: 52%


Baker, Donelson, Bearman, Caldwell & Berkowitz PC will partner with the Society for Human Resource Management-Memphis to present a seminar that will cover current legal requirements for employers in Tennessee Wednesday from 7:50 a.m. to noon at the Holiday Inn University of Memphis, 3700 Central Ave. Cost is $75 for SHRM-Memphis members and $150 for nonmembers. For more information or to register, visit www.shrm-memphis.org.

more events »

Armstrong Is Choice For MPD Director

The new Memphis Police Director is the deputy director under departing director Larry Godwin.

United Healthcare Community Plan Pledges $250K to Books From Birth

Before an audience of fresh-faced young children, nonprofit leaders and elected officials at the Urban Child Institute in Memphis Tuesday, United Healthcare Community Plan CEO Scott Bowers presented the Governor’s Book from Birth Foundation with an oversized check symbolizing his company’s $250,000 pledge to support early childhood reading.

Research Consortium Tops Haslam’s Memphis Visit

With his first state of the state address delivered to the Tennessee Legislature Monday, Gov. Bill Haslam now takes the message on the road this week with a series of stops including one Thursday on the University of Memphis campus.

Election Commission Could Certify Schools Referendum

The Shelby County Election Commission meets Wednesday to consider certifying the results of the March 8 referendum on school consolidation.

Bloom Joins Good Advertising

Audra Bloom has joined Good Advertising as senior account manager.

Sustained Growth Requires A Selling Culture

In the early days of a small business, typically the firm’s principals are the primary rainmakers. As that business grows, owners often struggle with how to impart their passion for selling to others in an effort to sustain growth.

Avoiding Brain Whiplash

Interesting stuff: One of the original inspirations for the Toyota Production System was a supermarket. According to Toyota, engineer Taiichi Ohno visited a U.S. supermarket and was impressed with how they delivered their goods in a “simple, efficient and timely manner.” Ohno took a look sideways and saw a whole new business model.

Shining the Sun Into Local, State Government

Sunshine Week, which kicked off Monday, started almost a decade ago when 150 proposals in the Florida Legislature threatened to turn the Sunshine State’s model “government in the sunshine” law into Swiss cheese.


FedEx Board to Make Proposal on Special Meetings

MEMPHIS (AP) — FedEx Corp. said Tuesday its board will propose that owners of at least 20 percent of the company's stock can call a special shareholder meeting.

Praxair to Expand Capacity at Memphis Factory

DANBURY, Conn. (AP) Praxair Inc. said Monday it will double the capacity of the air-separation complex at its Memphis plant to produce more oxygen and nitrogen for steel maker Nucor Corp. and oil refiner Valero Energy Corp.


Tennessee's Online Encyclopedia Gets Facelift

KNOXVILLE (AP) — Students, teachers and anyone else interested in knowing more about the Volunteer State and its people can now search a newly revamped online Tennessee encyclopedia to get information.


Bill to Cut Certain Oversight Committees

NASHVILLE (AP) — A proposal to streamline the Tennessee General Assembly's legislative process is advancing in the Senate.


Dim Homebuilder Outlook Improves Slightly

WASHINGTON (AP) — Homebuilders' pessimistic outlook improved slightly this month, but it remains dim amid falling home prices and a weak pace of construction.


Newspaper Ads Sag to a 25-Year Low in 2010

SAN FRANCISCO (AP) — Newspaper advertising has sunk to a 25-year low as marketers shift more of their spending to the Internet.

Uneasy Economy Dashes Retirement Confidence

Stocks have bounced back but Americans continue to have serious doubts about their retirement security.

Nucor Q1 Outlook Meets Wall Street Estimates

CHARLOTTE, N.C. (AP)Nucor Corp. on Tuesday forecast a first-quarter profit that was in line with Wall Street expectations, as the steelmaker said demand is improving and prices have increased.


House Votes 3-Week Stopgap Federal Spending Bill

WASHINGTON (AP) – The House Tuesday passed a measure blending $6 billion in budget cuts with enough money to keep the government running for an additional three weeks.

Fed Says Economic Recovery on Firmer Footing

WASHINGTON (AP) – The Federal Reserve expressed more confidence in the U.S. economy even as Japan's nuclear crisis raised worries around the globe.

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PROPERTY SALES 58 334 3,889
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BUILDING PERMITS 123 858 8,261
BANKRUPTCIES 72 335 3,024

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