VOL. 132 | NO. 102 | Tuesday, May 23, 2017
Analysts downgraded shares of auto parts retail giant AutoZone on Tuesday, May 23, after the company reported a second straight quarter of weaker earnings and sales for its fiscal third quarter.
The Collierville Board of Mayor and Aldermen approved Mueller Industries’ request for a 10-year tax abatement, paving the way for the company to begin the process of relocating its corporate headquarters to Collierville.
Shelby County Commissioners set the certified county property tax rate at $4.13 Monday, May 22, a 24-cent drop from the current tax rate of $4.37.
The chairwoman of the Greater Memphis Chamber board said first indications are that minority business requirements in tax breaks awarded by the Economic Development Growth Engine – or EDGE – aren’t working.
EMPHASIS Health Care
Dr. Robert Miller graduated Vanderbilt University School of Medicine in 1980 and completed a residency in 1985 in Memphis and a fellowship in sports medicine in Georgia in 1986. So, he was pretty much in on the ground floor of the sports medicine discipline.
Quite the buzz around the minority business discussion on “Behind The Headlines” – notably the progress report from Greater Memphis Chamber board chair Carolyn Hardy about what’s working and, more to the point, what is not working. In Hardy’s view that would be general minority business goals that she said amount to black-owned businesses being left out some three years into the renewed push for minority business growth – in government contracts and private business-to-business contracts.
A Memphis health care company that was at the forefront of preventive care is turning 25 this year. LifeSigns, owned by The Prevention Group, started offering comprehensive executive physicals to Memphis’ large corporations in 1992 to give big companies an alternative to sending their executives to places like The Mayo Clinic in Rochester, Minnesota.
The Memphis-based National Foundation for Transplants serves about 3,500 clients each year, and since its establishment in 1983 has distributed more than $80 million to pay for transplant-related expenses, in addition to promoting and advocating for organ and tissue donation.
The only thing that runs through the area where the Macon Road bridge stood 100 years ago are power lines on wooden poles that take them over the oxbow lake, thick kudzu and two bridge supports almost overtaken by undergrowth on the edge of a thickly-wooded area.
Donnie Caldwell figures that the increase in the state gas tax that will begin this summer will cost his company more than $315,000 a year.
Memphis City Council members have a rare evidentiary hearing Tuesday, May 23, at the top of their agenda on an unusual development case the council approved several months ago.
It will be a busy week for Railgarten, as its owners hope a pair of dates with the Memphis City Council and Shelby County Board of Adjustment end the popular Midtown venue’s zoning woes.
The Memphis City Council will meet Tuesday, May 23, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.
A Front End of Innovation Conference talk by Terry Bradwell, AARP chief innovation officer, and Anne Marie Kilgallon, AARP vice president, innovation. We “have been in a major transformation journey at AARP for three years,” says Terry Bradwell. “We are living longer and it changes how we think about retirement, work, love and everything about life.”
We recently had the opportunity to speak with a nonprofit leader who was concerned about how her development director was spending his time. She didn’t understand why the money wasn’t coming in.
NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam has signed a bill creating a new Tennessee license plate design featuring the phrase "In God We Trust."
BOSTON (AP) – JPMorgan Chase has announced a five-year, $17 million investment in a summer job program to give youth the skills needed to succeed in the modern business world.
NEW YORK (AP) – Citigroup has agreed to pay nearly $100 million to federal authorities to settle claims that a lack of internal controls and negligence in the bank's Mexican subsidiary may have allowed customers to commit money laundering.
DEARBORN, Michigan (AP) – Ford is replacing CEO Mark Fields as it struggles to keep its traditional auto-manufacturing business running smoothly while remaking itself as a nimble, high-tech provider of new mobility services.
WASHINGTON (AP) – President Donald Trump's budget would drive millions of people off of food stamps, part of a new wave of spending cut proposals that already are getting panned by lawmakers in both parties on Capitol Hill.
ALBUQUERQUE, N.M. (AP) – A private jet once owned by Elvis Presley and featured on the National Geographic Channel is set to be auctioned after sitting on a runway in New Mexico for 30 years.
NEW YORK (AP) – "Sgt. Pepper" was only the beginning. Half a century after the Beatles' psychedelic landmark, it stands as just one of many musical astonishments of 1967 that shaped what we listen to now.
WASHINGTON (AP) – The Supreme Court is making it easier for companies to defend themselves against patent infringement lawsuits.