VOL. 130 | NO. 43 | Wednesday, March 4, 2015
ABB, which bought Memphis-based electrical components maker Thomas & Betts in 2012 for $3.9 billion, is expanding its Memphis-area footprint.
Capital campaign will fund scholarships, endowments and more
Capital campaigns are usually about buildings. And the just-completed capital campaign at Rhodes College includes a new science building that will break ground in the summer and complete the quadrangle of the private liberal arts college’s scenic campus.
The newspaper unit of The E.W. Scripps Co., parent company of The Commercial Appeal, saw its profit tumble in the fourth quarter to almost half of what it was a year earlier.
Memphis City Council members approved a $4.5 million advance Tuesday, March 3, for the Memphis Area Transit Authority to get past a cash flow problem.
Dr. C. Michael Jones is expecting some big advances this year in the fight against cancer.
A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $86.3 million, one of the largest transactions ever recorded in the Memphis market.
The political timing of Memphis Mayor A C Wharton’s shake-up of his leadership team could have been worse – closer to the October city elections in which he is seeking a second full term.
Boyle Investment Co. is offering the first glimpse of the new office building the company is planning near Poplar Avenue and Shady Grove Road.
Airika Wallace Gigas, director of sales for Memphis-based LEO Events, has been honored with the Association of Destination Management Executives International’s Rising Star Award, given annually to one outstanding meeting and event-planning professional. Gigas, a destination management certified professional, oversees sales and operations for LEO’s local clients and clients inbound in to Memphis. She manages a team of two and a part time team of 25 people.
A few years ago when speaking to the Vancouver Board of Trade, Starbucks CEO Howard Schultz talked about the need for companies to use social media to build a “reservoir of trust” rather than just to sell more products.
WEST MEMPHIS, Ark. (AP) – Arkansas State University and Mid-South Community College have started the search for a chancellor when the two merge later this year.
NASHVILLE, Tenn. (AP) – The Federal Communication Commission ruled last week that cities like Chattanooga may expand their municipal broadband service, but Tennessee officials who oppose the decision are lining up to block the move.
NASHVILLE, Tenn. (AP) – A bill has been filed in the legislature that would prevent Corrections Corporation of America from being sued anywhere in the state except for the county where the private prison is operated.
NASHVILLE, Tenn. (AP) – Tennessee regulators expect 270 stores across the state to be among the first wave of supermarkets to sell wine under a new state law going into effect in July 2016.
DETROIT (AP) – February threw snowstorms and other roadblocks at the auto industry, but U.S. sales of new cars and trucks are still poised to hit their highest level in more than a decade this year.
NEW YORK (AP) – Target Corp. plans $2 billion in cost cuts over the next two years through corporate restructuring and other improvements.