VOL. 126 | NO. 128 | Friday, July 1, 2011
Lambuth University has filed for chapter 11 bankruptcy, one of several steps expected to lead to a transfer of the Jackson, Tenn., university to the Tennessee Board of Regents and through the board of regents to the University of Memphis.
FedEx’s doubling of electric fleet sign of things to come
This week’s announcement that Memphis-based FedEx Express will double its fleet of all-electric vehicles to 43 is more than a new way of moving some of the wheels of the world’s largest express transportation company.
The Memphis Cook Convention Center is now run by the same agency that already plays a direct role in bringing conventions to the city.
An Omaha, Neb.-based real estate investment firm has acquired a single-tenant office building near Poplar Avenue and the Union Avenue crossover.
The tentative plan for bicycle lanes on Madison Avenue between Cleveland and Cooper streets is broadening to look at larger changes or adjustments in the Midtown street environment.
A contest pitting 55 Memphis-area salons against one another for the title of “Most Pet-Friendly Hair Salon” came to a finish this week, with a total of $7,300 raised for Mid-South Spay & Neuter Services, a nonprofit clinic dedicated to reducing pet overpopulation through affordable spay and neuter services.
Aaron Shafer works as a production scientist at St. Jude Children’s Research Hospital, but after leading a movement for Memphis’ newest skate park and teaching children and teenagers how to drop in on a half-pipe in his backyard, Shafer’s real passion is mentoring kids in the Memphis community.
RUNNING FULL CIRCLE. This July Fourth weekend, I’ll be doing what many of you will be doing. Dealing with some part of a pig and some brand of beer, laughing with folks, and hopefully pausing to be hopeful, remembering those who made and make it possible for all of us to do all of that. I’ll also be doing what a couple hundred guys in our forces in Afghanistan will be doing – remembering two cute Memphis girls.
Part three of a three-part series about the role of the business plan: an interview with Dr. Jan Young In our last two columns, we’ve shared with you the wisdom of Dr. Jan Young, executive director of the Assisi Foundation of Memphis, about the development of business plans for nonprofits. Here, we asked her to provide examples of how a business plan can impact an organization’s success.
Having a credible website substantiates your brand or business. While you may think your website is legitimate, you may be surprised that others don’t agree. Often, the simplest things that establish the validity of your website are the ones that get overlooked. Take some time to evaluate your online presence to avoid the appearance of looking phony.
NASHVILLE (AP) – A batch of new laws are taking effect in Tennessee on Friday, July 1, including a measure that toughens tenure requirements for teachers and another that is billed as fighting terrorism but that Muslim residents worry has targeted them for unfounded suspicion.
OXFORD, Miss. (AP) – Winchester Ammunition has plenty of applicants for the 200-250 jobs it hopes to fill by the end of the year for its Oxford operation.
Looking for a college bargain? Try any of nine University of Puerto Rico campuses, where annual tuition hovers at or below $2,000.
PROVIDENCE, R.I. (AP) – John Russo's chemical lab in North Kingstown has been growing in recent years, even despite a deflated economy, and he expects to add another 15 to 20 positions to his 49 employees over the next year.
WASHINGTON (AP) – The Retail Industry Leaders Association spent $490,000 in the first quarter to lobby the federal government on a variety of issues from unemployment insurance and consumer credit to banking reform and Chinese currency valuation, according to a recent disclosure report.
WASHINGTON (AP) – Senate Republicans have blocked a hearing on three trade bills because they do not want to link the deals to an extension of a program that retrains workers hurt by foreign trade.
WASHINGTON (AP) – The Senate abandoned plans for a July 4 break as time dwindled for lawmakers to strike a compromise on avoiding a government default and reducing mammoth federal deficits. In a challenge to President Barack Obama, the chamber's top Republican invited him to the Capitol to discuss the impasse with GOP lawmakers.
WASHINGTON (AP) – The Federal Election Commission said Thursday that comedian Stephen Colbert can use his TV show's resources to boost his political action committee, but he must disclose some major expenses as in-kind contributions from the show's corporate owners.
WASHINGTON (AP) – Virtually every private employer in the U.S. will get a tax cut on Friday.
WASHINGTON (AP) – A Standard & Poor's executive said the agency will give the U.S. government its lowest credit rating if Congress fails to raise the borrowing limit and the United States defaults on its debt.
ALEXANDRIA, Va. (AP) – An executive convicted of orchestrating a $3 billion fraud as chairman of one of America's largest private mortgage companies was sentenced Thursday to 30 years in prison.
WASHINGTON (AP) – Fixed mortgage rates were mostly unchanged this week, hovering near their annual lows.
WASHINGTON (AP) – Medtronic Inc., the world's largest medical device maker, spent nearly $1.3 million lobbying Congress on issues affecting its products in the second quarter, according to a recent disclosure form.
WASHINGTON (AP) – Another unintended consequence of President Barack Obama's health care law has emerged: Older adults of the same age and income with similar medical histories could pay widely different amounts for private health insurance due to a quirk of the complex legislation.
THE MEMPHIS NEWS
No more easy money now that Fed’s QE2 $600 billion program is over
ot long after the Federal Reserve announced a controversial program in November 2010 to buy $600 billion in U.S. government securities, Tennessee’s junior senator found himself besieged by incredulous voters at a town hall meeting in Memphis.
The stimulus was an attempt to fill the gap from recession to recovery.
If you’re looking for opera, you’re out of luck, but the Bartlett Performing Arts and Conference Center has a little of most every other musical genre slated for the first half of the coming season.
“We couldn’t make the space work. We tried, but we couldn’t get over the hump to get the numbers.”
The madcaps at Michael David Winery have a knack for making bold California wines and keeping us amused with labels and packaging. They’re the guys that produce 7 Deadly Zins and 7 Heavenly Chardonnays, who name wines Lust and Sloth, Gluttony and Rapture and created a line of bruising reds called Earthquake.