VOL. 126 | NO. 181 | Friday, September 16, 2011
With the reauthorization of the Federal Aviation Administration moving in Congress, the Memphis-Shelby County Airport Authority board of commissioners approved a logjam of more than $28 million in construction projects and contracts. Nine contracts approved at the Thursday, Sept. 15, meeting include everything from a new dump truck with a snow plow to elevator and escalator replacement to improved security technology.
Schnucks’ departure sign of changing market
Despite facing stiff competition in Memphis from discount chains and department stores that have wedged rows and rows of cheap grocery offerings into their inventories, The Kroger Co. is feeling good about its position here.
Obsidian Public Relations is relocating less than a mile from its current office, in efforts to establish a presence in the South Main Historic Arts District by having its own creative space that will allow plenty of room for growth.
Shelby County Schools board member Mike Wissman is the new mayor of Arlington.
The Federal Aviation Administration intends to fine Colgan Air Inc., part of Memphis-based Pinnacle Airlines Corp., $1.9 million for a 2009 problem in its training of flight attendants that came to light during the 2010 investigation of a crash of a Colgan jet in Buffalo, N.Y., that killed 50 people.
Arlington-based Wright Medical Group Inc. plans to cut its workforce by 6 percent, or about 80 employees.
Saint Francis Hospital, the American Urological Association Foundation and the National Football League, are sponsoring a free men’s prostate event Tuesday, Sept. 20, at 6 p.m. at Saint Francis Hospital.
The joint city-county effort to end homelessness in the next 10 years goes to the streets Friday, Sept. 16, for its kickoff.
Early voting begins Friday, Sept. 16, in advance of the Oct. 6 city of Memphis Election Day. Voters across the city can cast early ballots in the races for Memphis mayor, City Council, City Court clerk and City Court judges at 16 locations through Oct. 1.
The leasehold on a former Downtown Memphis fire station with a checkered 25-year history and a strategic location – 200 Linden Ave. – is facing foreclosure again.
Erica Gorman, former volunteer and events coordinator at Habitat for Humanity of Greater Memphis, was recently promoted to volunteer manager.
NEW URBANISM MAKES GOOD, OLD COMMON SENSE. As Chooch Pickard, executive director of the Memphis Regional Design Center, rolled through his PowerPoint, I was struck by a powerful, hopeful, sense of déjà vu.
Part four in a four-part series With changes in the economy and the political landscape in Washington, many organizations are grappling with changes to federal funding that has supported their work in the past. Others are preparing for cuts or restrictions they believe are on the horizon.
NASHVILLE (AP) – Tennessee's August unemployment rate of 9.7 percent decreased slightly from the previous month.
NASHVILLE (AP) – Federal officials have asked to meet next week with owners of Nashville-based Gibson Guitars following a raid last month, the company's CEO says.
NASHVILLE (AP) – HCA Holdings Inc. said Thursday that it will buy back about $1.5 billion of its shares owned by Bank of America Corp., one of the lead underwriters from the hospital operator's initial public offering of stock last March.
NASHVILLE (AP) – Gov. Bill Haslam's office confirms that the state is in talks with General Motors to expand production at the automaker's Tennessee plant.
NASHVILLE (AP) – State officials say a company is expanding in Alcoa, Tenn., creating 160 full-time jobs.
KNOXVILLE (AP) – The first federal trial on lawsuits seeking damages from the Tennessee Valley Authority's huge coal ash spill in East Tennessee has started in federal court in Knoxville.
WASHINGTON (AP) – Consumers are spending more to fill their tanks, feed their families and pay the rent. At the same time, the number of people applying for unemployment benefits has reached the highest level in three months.
WASHINGTON (AP) – The number of people applying for unemployment benefits jumped last week to the highest level in three months. It's a sign that the job market remains depressed.
WASHINGTON (AP) – Manufacturing was mostly weak in August, a troubling sign for the U.S. economy. But auto production increased for the second straight month, as supply chains improved after months of delays caused by the Japan crisis.
CHARLOTTE, N.C. (AP) – Nucor Corp. on Thursday projected a third-quarter profit below average Wall Street predictions, citing lower steel prices and metal margins.
NEW YORK (AP) – Netflix Inc. lowered its expectations for U.S. subscribers for the third quarter by 4 percent on Thursday, just weeks after separating its DVD and streaming services, which increased the price for customers who want both.
NEW YORK (AP) – Lawyers for authors, publishers and Google on Thursday bought themselves more time to reach a deal to create the world's largest digital library, telling a judge they were making progress in settlement talks but had agreed to proceed toward a trial of the 6-year-old copyright case on a slow track.
UPS is sticking with its earnings forecast for the full year despite what it warns will be a "bumpy ride" for the global economy.
HYATTSVILLE, Md. (AP) — Michelle Obama said Thursday that a pledge by the Olive Garden and Red Lobster restaurants and their sister chains to serve healthier meals is a "breakthrough moment" for the industry.
WASHINGTON (AP) – The financially troubled Postal Service said Thursday it may close more than 250 mail processing facilities across the country and plans to reduce service standards for first-class mail in an effort to cut costs.
WASHINGTON (AP) – Members of Congress' debt reduction supercommittee said Thursday that their assignment of finding ways to reduce government red ink won't be simple.
WASHINGTON (AP) – The White House says President Barack Obama won't include cost-cutting changes to Social Security in his proposal to reduce long-term deficits, a signal that he could move away from some other cuts in benefit programs that he was ready to support during failed summer negotiations with House Speaker John Boehner.
WASHINGTON (AP) – The Republican-dominated House approved a bill Thursday that would undercut the government's labor dispute with Boeing Co., wading into a case that has angered business groups and become a major political issue in the Republican presidential primary.
WASHINGTON (AP) – Fixed mortgage rates fell to the lowest level in six decades for the second straight week. But few Americans can take advantage of the historically low rates.
WASHINGTON (AP) – Turning a usually routine announcement into a pointed rebuttal of its GOP critics, the Obama administration said Thursday that premiums for popular Medicare Advantage insurance plans will drop for 2012, while enrollment is expected to rise.