VOL. 131 | NO. 176 | Friday, September 2, 2016
Memphis-based Global Ministries Foundation is getting out of the federally subsidized housing game with a move to sell all of its Memphis properties and about half of its nationwide portfolio, which includes complexes in eight states.
The four-story office building on Ridge Lake Boulevard that Enoble Business Capital spent $10 million to renovate has sold in foreclosure after its owner, Troika LLC, defaulted on a $9.8 million loan through First Tennessee Bank.
Baptist Memorial Health Care Corp. has begun talks with Jackson, Miss.-based Mississippi Baptist Health Systems about how the two organizations can work together, talks that Baptist said Thursday could lead to a merger or combination of some kind in the future.
The Church Health Center celebrated its 29th birthday Thursday, Sept. 1, by rolling out a new name, tagline and logo in advance of its move to Crosstown Concourse early next year.
Opening a park that looks $70 million different isn’t a matter of lifting a curtain.
A big day at Shelby Farms Park Thursday as the Heart of the Park renovations were formally opened. And it was also a cause to look back on where the park has come from.
In what is sure to be one of the top commercial real estate transactions of the year, the majority of the 1.2 million-square-foot Nonconnah Corporate Center has sold. ReMark Trust, an out-of-town investment group, purchased the property for $57 million.
Republican Congressional contender David Kustoff couldn’t resist as several dozen people gathered for the opening of the local Republican Party’s campaign headquarters Wednesday, Aug. 31, in East Memphis.
The Memphis Bar Association held its sixth annual Seersucker Flash Mob at The Peabody hotel Wednesday, Aug. 31. It’s a growing tradition and a fundraiser for Memphis Area Legal Services and A Step Ahead Foundation.
It was a defining moment: When Hardy Farrow was a student at George Washington University in Washington, D.C., he became an intern with Teach for America. One day in a D.C. classroom, a fourth-grader asked him about where he went to college, and they began talking.
On the last Saturday night of the summer at AutoZone Park, the Memphis Redbirds sold the place out and then some. The announced attendance of 11,041 represented the highest mark since the ballpark was renovated and reconfigured after the 2014 season.
Is the third time the charm for Mike Mularkey? The Tennessee Titans certainly hope so.
It began on April 1, 2000. The much-anticipated diamond gem Downtown was open for business.
Ray’s Take Most people who work dream of being their own boss at some point. While there are certainly some benefits, there are a good number of extra headwinds you don’t want to ignore.
GOODWILL IS AN ENDANGERED SPECIES. Remember how much we used to love the Memphis Zoo? I do.
NASHVILLE, Tenn. (AP) – The National Labor Relations Board is ordering Volkswagen to engage in bargaining with a group of skilled-trades workers who voted to be represented by the United Auto Workers union at the German automaker's lone U.S. plant in Tennessee.
LITTLE ROCK, Ark. (AP) – A proposal to legalize casinos in three Arkansas counties was approved for the November ballot on Thursday, with critics warning the move would allow a private company to give itself a constitutionally protected gambling monopoly in the state.
NEW YORK (AP) – Facebook is adding an "instant video" feature to text messages within its Messenger app. This means users can send each other videos while they are texting in the app, in case words are not quite enough.
NEW YORK (AP) – Wal-Mart is cutting about 7,000 back-office store jobs over the next few months as it centralizes its invoice and accounting departments, expanding a test it announced in June.
LONDON (AP) – Apple's chief executive says the company has put aside "several billion dollars" to pay tax liabilities in the United States as it repatriates some of its huge overseas earnings.
WASHINGTON (AP) – Slightly more Americans sought unemployment benefits last week, but the overall levels still remain near historic lows in a positive sign for the job market.
WASHINGTON (AP) – U.S. manufacturing contracted last month for the first time since February, as new orders and output plummeted and factories cut jobs.