VOL. 126 | NO. 161 | Thursday, August 18, 2011
Canada-based manufacturer Kruger Inc., which has been considering several locales including Memphis as possible sites for a major capital investment, this week filed a $39.8 million construction loan for its existing Memphis facility at 400 Mahannah Ave., north of Downtown.
Coffeehouse owner hoping to find success at latest location
In 2008, something was brewing in the area near Cleveland and Watkins streets south of Poplar Avenue in Midtown.
The Memphis riverfront will have two queens next summer.
The new Economic Development Growth Engine approved its existence Wednesday, Aug. 17, while also addressing some confusing technicalities.
Shelby County Commissioners reviewed Wednesday, Aug. 17, the city of Memphis’ plan to buy out the county’s share of the Memphis Cook Convention Center for $75 million.
Trendy retailer Kate Spade is opening a new store in Germantown’s Saddle Creek shopping center.
The adaptive reuse of The Pyramid by Bass Pro Shops got about $105 million larger in scope this week.
In the wake of 9/11, Estée Lauder Cos. chairman Leonard Lauder noticed his company was selling more lipstick than usual.
Before he rules on the second part of the schools consolidation case, federal Judge Hardy Mays might give mediation another try.
Metropolitan Bank, which has started renovating a new East Memphis office that should be open toward the end of the year, is stepping up its presence in the Memphis market.
Growing up with a mother who pursued the field of law for more than 40 years, Lisa Krupicka, a member at Burch, Porter & Johnson PLLC, wanted nothing more than to follow her mother’s footsteps to pursue law work.
Ray’s Take: Most kids have no idea where money comes from or that the supply isn’t infinite. But they do know it’s mighty useful. And they want it.
“Ask and ye shall receive.” I’ve heard that for years. May even have read it somewhere. But I certainly have proved it to be true. Repeatedly, over time.
KNOXVILLE (AP) – The University of Tennessee has received a National Science Foundation grant to research the overhaul of the nation's electric power transmission system.
NASHVILLE (AP) – State education officials say a recent ACT college entrance exam report highlights the ongoing need for education reform in Tennessee.
NASHVILLE (AP) – A national report shows Tennessee is taking better care of its children.
WASHINGTON (AP) – The Obama administration announced Tuesday the approval of $360.9 million in applications by 11 states and the District of Columbia for funding under a program designed to encourage new lending to small businesses to help create jobs.
CARTHAGE, Tenn. (AP) – Republican U.S. Sen. Bob Corker said Tuesday that could be three or four years before Congress passes national guidelines on tax collections by online retailers like Amazon.com.
JACKSON, Miss. (AP) – Officials say four Mississippi universities and other government entities should be connected by the end of this year to a high-speed broadband network that will boost their research capacity.
Rattled investors pulled more than $40 billion from mutual funds in a single week this month as fears about the global economy intensified.
NEW YORK (AP) – Wells Fargo plans to test a $3 monthly fee for its debit cards starting this fall.
WASHINGTON (AP) – A key measure of wholesale inflation rose in July by the most in six months.
When the stock market gets dicey, focus on companies that make basic everyday products like toothpaste, toilet paper, razor blades and baby food. Consumers buy them no matter what the economy's doing.
NEW YORK (AP) – Target Corp., buoyed by its push into groceries and incentives it offers credit cardholders, posted a 3.7 percent increase in second-quarter profit and said earnings for the year will beat Wall Street estimates.
OMAHA, Neb. (AP) – Union Pacific spent $1.49 million during the second three months of 2011 to lobby Congress on railroad regulations, pollution restrictions and highway shipping rules.
WASHINGTON (AP) – Seeking to jolt the economy, President Barack Obama will propose new ideas to create jobs and help the struggling poor and middle class in a major speech after Labor Day. And then he will try to seize political advantage by spending the fall pressuring Congress to act on his plan.
ATKINSON, Ill. (AP) – President Barack Obama said Wednesday that it will likely be another year or more before the housing market picks up and home prices and sales start rising.