VOL. 125 | NO. 154 | Tuesday, August 10, 2010
The city and other partners have pieced together a multimillion-dollar incentive package to help cement a new Downtown location for Pinnacle Airlines Corp.
New York City helps Memphis fight poverty
Some of the biggest business success stories of recent years involve red-hot franchises like McDonald’s and Subway.
The write-off of investments related to the development of a drug that didn’t pan out caused GTx Inc. to have a bigger loss during the second quarter.
Tuesday’s Memphis City Council meeting will see another milestone for the Unified Development Code. The council will perform the third and final reading of the UDC, withc ouncil members getting a full briefing on the code overhaul at a 12:30 p.m. committee meeting.
When people think of the term “small-business owner,” thoughts of the guy who owns the local liquor store or the woman who opens up a beauty shop come to mind.
The Metro Charter Commission has approved a consolidation charter for voters on the Nov. 2 ballot, but the last day of work on the charter was anything but ceremonial. A last-minute legal opinion caused a rewrite of a major provision.
7460 Wolf River Blvd., Germantown, TN 38138, Sale Amount: $13.3 Million -
Methodist Le Bonheur Healthcare has bought Sutherland Cardiology Clinic’s property at 7460 Wolf River Blvd. in Germantown in conjunction with Sutherland becoming a part of Methodist Le Bonheur.
First, the good news. The Institute for Supply Management’s (ISM) manufacturing index for July came in at 55.5, down from June’s level of 56.2, but still well above the expansion threshold of 50. July’s ISM non-manufacturing index also expanded at 53.8. Additionally, auto sales in July rose 5.1 percent from a year ago. Since September 2008, the only month that has seen a higher surge in sales was August 2009, which was a response to the “cash for clunkers” program.
MEMPHIS (AP) – Willie W. Herenton, a charismatic, combative public figure who has towered over the Memphis political landscape since he became the city's first black elected mayor in 1991, is letting the curtain drop on his long career in public office.
The Memphis City Council will meet today at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.
NASHVILLE (AP) – Secretary of State Tre Hargett said Tennesseans will be able to see real-time election returns for the November election.
NASHVILLE (AP) – Democrat Mike McWherter came out swinging against Republican gubernatorial nominee Bill Haslam on Friday, the first full day of the general election campaign to succeed term-limited Gov. Phil Bredesen.
WASHINGTON (AP) – Government-controlled mortgage buyer Freddie Mac is asking for $1.8 billion in additional federal aid after posting a larger loss in the second quarter.
CHICAGO (AP) – McDonald's lesson from July: If you want to start selling cold, fruity drinks, pick one of the hottest months in U.S. history.
New credit card regulations that went into effect earlier this year require clearer disclosures for consumers. But a new study finds the language in card applications is still lacking in some areas.
WASHINGTON (AP) – The Defense Department plans to shed one of its 10 major military commands as Defense Secretary Robert Gates tries to pare billions from the Pentagon budget, officials briefed on the plan said Monday.
WASHINGTON (AP) – Labeled antibusiness by Republicans and some corporate chiefs, President Barack Obama mounted a campaign to show he wasn't. But his charm offensive has hit a rocky patch.