VOL. 126 | NO. 155 | Wednesday, August 10, 2011
Memphis-based pharmaceutical company GTx Inc. reported Tuesday, Aug. 9, a net loss of $10.7 million in the second quarter compared with a net loss of $12.9 million for the same period in 2010.
‘Grand move’ will bring more trees, plants to airport area
Work crews unearthed an old concrete planter last week along the rapidly greening median strip along the Plough Boulevard connector to Memphis International Airport. And on Saturday, Aug. 6, they began laying out what will be an M-shaped planter that will be a visual centerpiece of the effort to make Plough Boulevard more of a Memphis gateway for those going to and from the airport.
The National Civil Rights Museum will honor 14 people and two civil rights organizations at its annual Freedom Awards in November.
Attorneys for all of the sides in the schools consolidation court case have a Friday, Aug. 12, deadline that will set the stage for the next crucial part of the landmark court case.
The city of Memphis now owns a $9 million interest in The American Queen steamboat, the only overnight cruise boat working the Mississippi River when it leaves its Memphis port in April.
More and more companies are tapping into social networking sites during the recruitment process, giving job board sites a run for their money.
Duncan-Williams. Inc. has added a new name to its growing private client group. David Hager has joined Duncan-Williams’ Memphis office as an annuity specialist in the private client group, and he brings more than 11 years of experience working with financial advisers as an annuity specialist providing product education, client recommendations, account reviews and marketing support.
The Memphis-based team behind BadgerSpot, a new “augmented reality”-based mobile phone application that’s now live in Apple’s app store, has developed what it’s describing as the digital version of a secret decoder ring that can unlock advertising, communication and social media possibilities for businesses.
Christ Community Health Services on Thursday, Aug. 11, will unveil the new University Family Medicine Center, a clinic in the heart of the Memphis Medical District that will serve medically underserved members of the community.
Dr. Radwan Faysal Haykal, director of the Bipolar Spectrum Program at Lakeside Behavioral Health System and clinical professor of psychiatry at the University of Tennessee Health Science Center, has been inducted as a Distinguished Fellow of the American Psychiatric Association.
By 2015, more people will access the Web via a mobile device – such as a smartphone, Kindle, iPad, video game or GPS system – than through traditional desktop Internet access.
It sure would make things easier if we had our personality types tattooed on our foreheads, wouldn’t it?
JACKSON, Tenn. (AP) – The University of Memphis is readying its new Lambuth campus in Jackson for classes that begin Aug. 27.
KINGSPORT, Tenn. (AP) – Eastman Chemical Co. has completed the acquisition of Sterling Chemicals Inc., a petrochemical producer, for $100 million.
NASHVILLE (AP) – Tennessee Gov. Bill Haslam has been named vice chairman of the National Governors Association Education, Early Childhood and Workforce Committee.
NASHVILLE (AP) – The Tennessee Department of Education has announced nominees for 2011 principal and supervisor of the year.
NASHVILLE (AP) – Storm shelters may qualify for state sales tax savings under recently passed legislation.
DETROIT (AP) – General Motors Co. has plans to become leaner in the future, cutting costs so it will make even stronger profits than it has so far this year, company executives told industry analysts Tuesday.
NEW YORK (AP) – Apple has surpassed Exxon Mobil as the most valuable company in the U.S. The milestone occurred shortly before 2 p.m. Tuesday. Apple Inc.'s stock gained 3.4 percent to $365.10 Tuesday afternoon, bringing the iPhone and iPad maker's market capitalization to about $338 billion.
DALLAS (AP) – After more jockeying, all major U.S. airlines rolled back fares to about the same prices they were charging before federal ticket taxes expired two weeks ago.
WASHINGTON (AP) – U.S. workers were less productive in the spring for the second quarter in a row, a trend that may not bode well for future hiring.
NEW YORK (AP) – A new report says sales of U.S. magazines at newsstands and other retail outlets fell 9 percent in the first six months of the year in a sign of readers trimming discretionary spending.
WASHINGTON (AP) – Fire trucks and concrete mixers, semis, heavy-duty pickups and all trucks in between will, for the first time, have to trim fuel consumption and emissions of heat-trapping gases under new efficiency standards announced Tuesday by President Barack Obama.
LOS ANGELES (AP) – The U.S. regulator of credit unions is suing Goldman Sachs & Co. for more than $491 million in damages over losses incurred by five failed wholesale credit unions that bought mortgage-backed securities from the investment bank.
HARRISBURG, Pa. (AP) – Two of the nation's largest not-for-profit health insurers said Tuesday that a new joint venture will provide an opportunity for Blues insurers nationwide to expand into Medicaid coverage just as states are seeking ways to save money in the program and the ranks of Medicaid enrollees is poised to grow.