Editorial Results (free)
1.
Seivers in College Hall? Yeah, Sure, Why Not? -
Friday, June 29, 2018
Don’t look for any campaign propaganda to be mailed out. There won’t be any personal stumping. Heck, Larry Seivers even refused to fluff up his own bio.
If the former University of Tennessee two-time All-America wide receiver finds his way into the College Football Hall of Fame, it will happen because of the numbers and the memories that made him one of the game’s best in the 1970s.
2.
Why Many Americans Aren't Benefiting From Robust US Economy -
Monday, June 18, 2018
WASHINGTON (AP) – "The economy," Federal Reserve Chairman Jerome Powell declared this week, "is doing very well."
And it is. Steady hiring has shrunk unemployment to 3.8 percent – the lowest since the 1960's. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth is up.
3.
Why Wall Street's Worried About Tesla -
Monday, May 7, 2018
Elon Musk's track record for technological feats as chief of SpaceX has turned skeptics into believers in everything from his quest to open space travel to Mars to his desire to build a tunnel for high-speed travel between New York and Washington. As Tesla's CEO, his ambitious vision for electric cars has also earned him a faithful following.
4.
Investors are Winners as Companies Lay Out Tax-Saving Plans -
Wednesday, February 21, 2018
NEW YORK (AP) – It's just what the GOP said we'd hear from a CEO after being handed a big tax break.
But when Charles Scharf announced plans last month to spend his company's tax savings on higher wages and technology, investors began selling.
5.
Jernigan Capital Launches Preferred Stock Offering -
Saturday, January 27, 2018
Memphis-based Jernigan Capital Inc. has launched a public offering of Series B preferred stock.
The company – which provides debt and equity capital to private developers, owners and operators of self-storage facilities – said it expects to grant the underwriters a 30-day option to purchase additional shares of Series B preferred stock.
6.
Morgan Stanley Denies Firing Ford for Misconduct -
Saturday, January 27, 2018
Morgan Stanley executives denied Monday, Jan. 22, that the financial giant fired former U.S. Rep. Harold Ford Jr. for sexual misconduct.
The company also denied that it received any “internal allegations of sexual harassment or misconduct involving him either before or after his separation became public.”
7.
Tesla Proposes Big Payout If Musk Meets Lofty Goals -
Wednesday, January 24, 2018
Elon Musk is known for his bold predictions on electric and self-driving cars. Now his pay could depend on whether those predictions come true.
Under a new all-or-nothing pay package, Musk would remain at Tesla Inc. for the next decade and see his compensation tied to ambitious growth targets.
8.
Morgan Stanley Statement May Settle Differences With Ford -
Wednesday, January 24, 2018
Wall Street giant Morgan Stanley settled its differences with former U.S. Rep. Harold Ford Jr. Monday, Jan. 22, with a statement saying the financial services company did not fire Ford over an allegation of sexual misconduct, according to The New York Times.
9.
Last Word: Shutdown Over?, Glen Farms Plans and Billy Richmond - Wing Guru -
Tuesday, January 23, 2018
The federal government shutdown for many of us outside the Beltway amounted to a message on a website saying the agency we were looking up was closed Monday. And Monday was the third and final day of the most recent shutdown. But the immigration policy known as DACA – Deferred Action for Childhood Arrivals – is the issue to be explored by Congress in the three weeks that the continuing resolution covers. It’s an issue that there has been plenty of local discussion about
10.
Jernigan Capital Launches Preferred Stock Offering -
Tuesday, January 23, 2018
Memphis-based Jernigan Capital Inc. has launched a public offering of Series B preferred stock.
The company – which provides debt and equity capital to private developers, owners and operators of self-storage facilities – said it expects to grant the underwriters a 30-day option to purchase additional shares of Series B preferred stock. And Jernigan Capital is planning to use the net proceeds from the offering to fund an investment in bridge financing related to five self-storage facilities in the Miami, Florida, metro area.
11.
Morgan Stanley Denies Ford Fired for Sexual Misconduct -
Monday, January 22, 2018
Morgan Stanley executives denied Monday, Jan. 22, that the financial giant fired former U.S. Rep. Harold Ford Jr. for sexual misconduct.
12.
Tax Law Brings Big Paper Losses, Long-Term Gains to US Banks -
Wednesday, January 17, 2018
NEW YORK (AP) – Big U.S. banks have been reporting billions of dollars in paper losses this month as they are forced to come into compliance with the new tax law. And while the losses are massive, they were largely expected, and bank executives say the new tax law will be good for banks as well as the economy in the long run.
13.
Investigation Finds No Basis for Misconduct Allegation Against Ford -
Monday, January 15, 2018
Former Memphis Congressman Harold Ford Jr. says Morgan Stanley has concluded its investigation of an allegation of sexual misconduct against him made last month and determined that it was not true.
14.
Last Word: A New Majority, A Plan After Kroger and Cold Cases -
Friday, January 12, 2018
Shelby County elections administrator Linda Phillips has been watching the ebb and flow of petitions for the 2018 elections and has found what she believes is a link to the weather. “Apparently when the dreaded ‘snow’ word is mentioned in the forecast, not only do people go out and clear the shelves of milk, bread and eggs. They also decide to pick up a petition,” she wrote in an email with the list of who has pulled and who has filed in the last two days.
15.
Ford Claims Vindication on Sexual Misconduct Allegation -
Friday, January 12, 2018
Former Memphis Congressman Harold Ford Jr. says Morgan Stanley has admitted that its investigation of an allegation of sexual misconduct against him made last month concluded it was not true.
16.
Last Word: Bredesen's Return, Ford's Exit and Otis Redding 50 Years On -
Friday, December 8, 2017
Former Tennessee Gov. and Nashville mayor Phil Bredesen formally entered the 2018 race for the U.S. Senate Thursday via a YouTube video. AP on Bredesen’s entry and his background. Republican partisans are already assuming Bredesen is the Democratic nominee and Democratic partisans are already assuming U.S. Rep. Marsha Blackburn is the Republican nominee. And the expectation of such a match up automatically went on the list of midterm races that those on both sides and pundits inbetween will be watching to get a read on national trends.
17.
Morgan Stanley Fires Ford Amid Harassment Claim -
Saturday, December 9, 2017
Former U.S. Rep. Harold Ford Jr. has been fired from Morgan Stanley following a company investigation into allegations he harassed, intimidated and forcibly grabbed a co-worker, according to Huffington Post.
18.
Ford Fired By Morgan Stanley In Harassment Investigation -
Thursday, December 7, 2017
Former U.S. Rep. Harold Ford Jr. has been fired from Morgan Stanley following a company investigation into allegations he harassed, intimidated and forcibly grabbed a woman he met with several years ago, according to Huffington Post.
19.
Ford Fired By Morgan Stanley In Harassment Investigation -
Thursday, December 7, 2017
Former U.S. Rep. Harold Ford Jr. has been fired from Morgan Stanley following a company investigation into allegations he harassed, intimidated and forcibly grabbed a co-worker, according to Huffington Post.
20.
Package Wars: Postal Service Offers Next-Day Sunday Delivery -
Thursday, November 2, 2017
WASHINGTON (AP) – As consumers demand ever-quicker and convenient package delivery, the U.S. Postal Service wants to boost its business this holiday season by offering what few e-commerce retailers can provide: cheap next-day service with packages delivered Sundays to your home.
21.
Whimsy Expands Into Franchises -
Monday, October 30, 2017
The co-owner of a Memphis-based cookie company with one retail store in East Memphis is about to turn her simple recipe for sweet treats into a nationwide enterprise.
Whimsy Cookie Co. founder and co-owner Laurie Suriff said she’s on the verge of launching a franchise-based expansion for the business she started in 2006 out of her home. The plan is to replicate the Whimsy model – built around a pink, whimsically designed experience inside the store and thick sugar cookies with colorful frosting – starting with a location opening in Little Rock in December.
22.
Memphis Hosts 15th Musculoskeletal Industry Conference -
Tuesday, October 17, 2017
The annual Musculoskeletal New Ventures Conference returns to Memphis this week for the 15th time, bringing together venture capitalists and industry leaders from around the country to give them a “target-rich environment” in which to network and potentially make deals.
23.
Grizzlies’ Grind City Media Expands Into Football Coverage -
Friday, September 1, 2017
Last September, the Memphis Grizzlies launched their new in-house digital news and information platform: Grind City Media.
Now, Grind City Media is trying to drive that initiative farther down the field, as it were, by adding college football coverage.
24.
Postal Service May Get More Freedom To Raise Stamp Prices -
Thursday, August 10, 2017
WASHINGTON (AP) – It may be time to stock up on Forever stamps.
Regulators appear likely to accept the financially beleaguered Postal Service's request for more freedom to raise the price of mailing letters. It would be the biggest change in the Postal Service's pricing system in nearly a half-century, allowing stamp prices to rise beyond the rate of inflation.
25.
Goldman Sachs, Others Push to Offer More Loans to Investors -
Friday, July 28, 2017
NEW YORK (AP) – Goldman Sachs is looking to lend wealthy investors up to $25 million, using their stocks and bonds as collateral.
The investment bank announced a partnership Thursday with Fidelity Investments under which it will offer investors loans starting at $75,000. The loans will be backed by the stocks and bonds the investors hold in Fidelity-held brokerage accounts. US Bank is also participating as a lender.
26.
Wall Street's Goldman Sachs Moves Quietly Into Main Street -
Wednesday, July 19, 2017
NEW YORK (AP) – More homeowner, less hedge fund titan. Goldman Sachs, long known for its super-rich clients and well-connected executives, is starting to act a lot more like a neighborhood bank.
27.
Last Word: Health Care Plan React, Treasury Footprint and Tom Bowen - Take Two -
Friday, June 23, 2017
It’s like they aren’t even looking at the same legislation. That’s one explanation of the very different reviews the Senate health care bill got Thursday as it was unveiled in Washington. Illustrating the contrast, the reactions of Republican U.S. Senator Lamar Alexander of Tennessee and Democratic U.S. Rep. Steve Cohen of Memphis.
28.
Last Word: Disaster Paperwork, The Whitehaven Plan and Juvenile Justice -
Thursday, June 15, 2017
On its way to Washington is the paperwork for a federal disaster declaration sent Wednesday by Tennessee Gov. Bill Haslam. It includes Shelby County and 11 other Tennessee counties. This is essentially federal funding that will reimburse local government for money they spend up front for these kinds of disasters. The state’s request also includes a call for individual assistance to Shelby County homeowners and business owners whose property was damaged in the Memorial Day weekend storms.
29.
First Horizon CFO Talks Capital Bank Merger -
Thursday, June 15, 2017
First Tennessee Bank’s parent company is a $30 billion financial institution that’s put its cash to work the last few years by buying back almost 10 percent of its shares and pursuing smaller mergers and acquisitions.
30.
Wide Receiver U? That’s So 20 Years Ago -
Friday, May 26, 2017
At the 2015 SEC Media Days, Tennessee coach Butch Jones referred to his school as “the original Wide Receiver U.”
The reference goes back to the days when the Vols were loaded with fast, talented pass receivers on the perimeter. In a heady stretch from 1982-91, UT had six wide receivers selected in the first round of the NFL draft – Anthony Hancock, Willie Gault, Clyde Duncan, Tim McGee, Anthony Miller and Alvin Harper.
31.
Losses at JC Penney Double, Sales Slide, As Do Shares -
Monday, May 15, 2017
PLANO, Texas (AP) – Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers.
Though the loss at first did not appear as bad as many industry analysts had expected, many soured on even that after a closer look.
32.
A Robust February Jobs Report Points to Resilient US Economy -
Monday, March 13, 2017
WASHINGTON (AP) – U.S. employers added a robust 235,000 jobs in February and raised pay at a brisk pace – signs that a resilient economy has given many companies the confidence to hire in anticipation of solid growth ahead.
33.
Survey: Private Employers Added Robust 298K Jobs Last Month -
Thursday, March 9, 2017
WASHINGTON (AP) – U.S. businesses added the most jobs in three years last month, a private survey found, a sign that hiring may be accelerating from last year's modest levels.
Payroll processor ADP said Wednesday that businesses added 298,000 jobs in February, up from 261,000 the previous month. The gains were led by a huge 66,000 increase in construction, the most in 11 years, and 32,000 manufacturing jobs, the most in five years.
34.
Report: Amazon Wants to Take On AutoZone, Other Parts Retailers -
Thursday, January 26, 2017
AutoZone earlier this week got a taste of what just a hint – however thinly sourced – of fresh competition from the retail behemoth Amazon can do to investor nerves.
The Memphis-based auto parts company saw its shares shed a little more than 5 percent of their value in a single day the same day other parts retailers were similarly punished by investors. It was apparently on the strength of one news report – a New York Post take on Amazon making a play to move deeper into the auto parts segment.
35.
Dobbs Had a Great Run, But Manning is Still No. 1 -
Friday, January 6, 2017
Tennessee senior Joshua Dobbs has created a quarterback controversy. Dobbs finished his college career Dec. 30 when UT beat Nebraska 38-24 in the Music City Bowl in Nashville. He accounted for 409 total yards – 291 passing and 118 yards rushing – and was chosen the game’s MVP.
36.
The Alamo? No, Vols Rally Around Loss to Vandy -
Friday, December 23, 2016
Tennessee’s football team can’t afford to get too merry when it goes into Christmas break this weekend. Not with the way it finished the 2016 regular season, and not with a chance for some redemption.
37.
Fed Has 8 Biggest US Banks Shift Loss Burden to Investors -
Friday, December 16, 2016
WASHINGTON (AP) – The eight biggest U.S. banks will be required to build new cushions against losses that would shift the burden to investors. The action by the Federal Reserve was the latest bid by regulators to reduce the chances of future taxpayer bailouts.
38.
Pinnacle Financial Forms Local Investment Group -
Saturday, August 27, 2016
Pinnacle Financial Partners has formed an investment management group in Memphis.
The firm has hired two investment management professionals to advise clients as part of that new group. They are Pinnacle Asset Management senior vice president and financial consultant Brooks Fowler and registered sales assistant Robbin Gibson.
39.
Pinnacle Financial Launches Investment Group in Memphis -
Friday, August 26, 2016
Pinnacle Financial Partners has formed an investment management group in Memphis.
The firm has hired two investment management professionals to advise clients as part of that new group. They are Pinnacle Asset Management senior vice president and financial consultant Brooks Fowler and registered sales assistant Robbin Gibson.
40.
Last Word: Bearwater's Week, Deannexation's Return and City Hall's Transparency -
Monday, August 22, 2016
Former President Jimmy Carter and his wife and first lady Rosalynn Carter arrived in the city Sunday for a week of work in North Memphis on the Habitat for Humanity subdivision Bearwater Park.
41.
Morgan Stanley Accused of Mismanaging its 401(k) Plan -
Monday, August 22, 2016
NEW YORK (AP) – Even Wall Street workers are unhappy with how their retirement plans are run.
A participant in Morgan Stanley's 401(k) plan filed a lawsuit Friday in U.S. District Court in New York alleging that it offers investment options that have too-high fees and poor track records, including some mutual funds run by Morgan Stanley itself. The suit accuses the $8 billion plan of causing "hundreds of millions of dollars" in losses for its roughly 60,000 participants.
42.
First Horizon Sees 12 Percent Gain in Net Income -
Monday, July 18, 2016
First Tennessee Bank’s parent company in the just-ended second quarter pulled a repeat of its performance in the first three months of 2016, with profit, earnings per share, loans and deposits all up over where they stood at this time last year.
43.
Last Word: Democrats Settle, Scotty Moore and the Top Cop Search -
Wednesday, June 29, 2016
Tennessee Democratic Party Chairman Mary Mancini ordered the Shelby County Democratic Party to settle its differences with former local party chairman Bryan Carson Tuesday and accept his offer to repay the party $6,000 at $100 a month..
44.
First Horizon CFO Touts Growth Opportunities, Conservative Approach -
Wednesday, June 29, 2016
The chief financial officer of First Tennessee Bank’s parent company took a message of expansion, of stronger loan portfolios and being smarter than the competition about which deals to pursue in a meeting with analysts in New York City earlier this month.
45.
Executive Women’s Day Panelists Offer Career Advice -
Thursday, June 9, 2016
The discussion is different than it was once, and yet it is ever the same. The PGA Tour Executive Women’s Day program is in its fourth year now and the panel discussion held Tuesday, June 7, at TPC Southwind, site of this week’s FedEx St. Jude Classic, played to a full audience.
46.
Last Word: Budget-Mania, TNReady's Backstory and Slow Down Millenial Investors -
Tuesday, May 3, 2016
The Overton Park Greensward controversy moves back to City Hall Tuesday as the council talks over an ordinance that sets further in stone the council’s decision in March to give the Memphis Zoo control of two-thirds of the greensward.
47.
Financial Adviser, To Millennial Investors: Don’t Rush -
Saturday, April 30, 2016
As a financial adviser with Morgan Stanley Global Wealth Management in Memphis, Kevin Kimery’s vantage point gives him visibility into the full spectrum of investment behaviors and client types – as well as common mistakes he sees new investors make.
48.
Baptist Names Hammeran New Hospital Administrator -
Saturday, March 12, 2016
Baptist Memorial Hospital for Women and the adjacent Spence and Becky Wilson Baptist Children’s Hospital have a new CEO and administrator.
49.
Baptist Names New Hospital Administrator -
Monday, March 7, 2016
Baptist Memorial Hospital for Women and the adjacent Spence and Becky Wilson Baptist Children’s Hospital have a new CEO and administrator.
50.
US Bank Earnings Jump 11.9 Percent In 4Q; Loan Losses Up -
Wednesday, February 24, 2016
WASHINGTON (AP) – The impact of plummeting oil prices has shown up in the financial picture of U.S. banks, whose losses from loans increased for the first time in five and half years, according to new government data.
51.
Market Volatility Causes IPO Market to Stall Out in 2015 -
Friday, January 1, 2016
NEW YORK (AP) – The volatile trading that defined 2015 led to a very choppy market for companies wanting to go public.
The number of U.S. companies that successfully made an initial public offering of stock in 2015 dropped by more than 40 percent compared with 2014, according to a report by IPO research firm Renaissance Capital.
52.
US New Home Sales Fall Sharply In September -
Tuesday, October 27, 2015
WASHINGTON (AP) – Sales of new homes plunged sharply in September to the slowest pace in 10 months, as higher prices and slower overall economic growth weigh on the housing market.
The Commerce Department said Monday that new-home sales slumped 11.5 percent last month to a seasonally adjusted annual rate of 468,000, the lowest level since November of 2014. September's drop ended a two-month streak of accelerating sales.
53.
Modest Rise Gives Stocks a Third Straight Week of Gains -
Monday, October 19, 2015
U.S. stocks closed modestly higher Friday, giving the market its third straight week of gains.
Consumer staples and health care stocks were among the biggest risers as investors assessed the latest company earnings and economic news.
54.
Fed Directs 8 Biggest US Banks to Hold Extra Capital -
Tuesday, July 21, 2015
WASHINGTON (AP) — Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.
55.
Google Shareholders Revel in Record 1-Day Windfall of $65.1 Billion -
Monday, July 20, 2015
SAN FRANCISCO (AP) – Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.
56.
Orgel, Shular Honored With Dunavant Awards -
Wednesday, March 25, 2015
Shelby County Schools board member Billy Orgel and Shelby County government public affairs officer Steve Shular receive the annual Bobby Dunavant Public Servant Awards Wednesday, March 25, from the Rotary Club of Memphis East.
57.
ServiceMaster Announces Post Secondary Stock Offering -
Saturday, March 21, 2015
Memphis-based ServiceMaster Global Holdings Inc. filed notice Friday, March 20, of its proposed secondary offering of common stock.
58.
6 of 7 Who Killed Insure Tennessee are on State Health Plan -
Friday, February 6, 2015
NASHVILLE, Tenn. (AP) – Six of the seven Republican senators who voted to kill Gov. Bill Haslam's proposal to extend health coverage to 280,000 low-income Tennesseans are enrolled in the state government health plan.
59.
Fed Stays 'Patient' on Rates While Noting Improving Economy -
Thursday, January 29, 2015
WASHINGTON (AP) – The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health.
60.
Ford Jr. to Headline Dunavant Award Event -
Friday, January 23, 2015
Former U.S. Rep. Harold Ford Jr. will be the keynote speaker for the March 25 Dunavant Public Servants Awards luncheon hosted by the Rotary Club of Memphis East.
The awards, now in their 12th year, honor one elected official and one non-elected public official within Shelby County who demonstrate the qualities and characteristics of longtime Probate Court Clerk Bobby Dunavant.
61.
Morgan Stanley Says Employee Stole Client Data -
Tuesday, January 6, 2015
NEW YORK (AP) – An employee of Morgan Stanley's wealth management business stole information on about 350,000 clients and posted some of it on the Internet, the investment bank said Monday.
62.
Morgan Stanley Paying $4 Million to Settle SEC Charges -
Thursday, December 11, 2014
WASHINGTON (AP) – Morgan Stanley has agreed to pay $4 million to settle federal charges of failing to prevent the unauthorized purchase of $525 million in Apple stock by one of its customers.
63.
Fed Proposing Big US Banks Boost Capital Buffers -
Wednesday, December 10, 2014
WASHINGTON (AP) – Federal regulators are proposing that the eight biggest U.S. banks be required to further increase the amount of capital they set aside to cushion against unexpected losses.
64.
US Home Sales Rise in October -
Friday, November 21, 2014
WASHINGTON (AP) – Americans bought homes in October at the briskest pace this year, a sign that the sluggish housing market is turning around.
Sales of existing homes rose 1.5 percent to a seasonally adjusted annual rate of 5.26 million last month, the National Association of Realtors said Thursday. That's up from a revised pace of 5.18 million in September. October marked the first month in 2014 when sales increased compared to a year ago, registering a 2.5 percent gain.
65.
US Retail Sales Rise Ahead of Holiday Shopping -
Monday, November 17, 2014
WASHINGTON (AP) – U.S. retail sales rose modestly in October, evidence that recent job gains and lower gas prices are lifting consumer spending as the holiday shopping season begins.
The Commerce Department said Friday that retail sales rose 0.3 percent last month after falling by the same amount in September. Excluding gas stations, where falling prices lowered spending, sales rose a solid 0.5 percent.
66.
McGuire Joins Insight Risk Management -
Wednesday, November 12, 2014
Myles McGuire has joined Insight Risk Management LLC as a corporate consultant. In his new role, he will consult with commercial clients and place them with the appropriate coverages to protect their business from risk and liability issues.
67.
Ford Profit Falls in Third Quarter on Truck Costs -
Monday, October 27, 2014
DEARBORN, Mich. (AP) — Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale later this year. But for now it's a serious drag on profits.
Net income dropped 34 percent to $835 million in the third quarter, largely due to the cost of launching the pickup. The new F-150, which is 700 pounds lighter due to its aluminum construction, is scheduled to go on sale by the end of this year.
68.
Pace of US Factory Activity Slipped in September -
Thursday, October 2, 2014
WASHINGTON (AP) – The pace of U.S. manufacturing growth slowed in September, as expectations for hiring and new orders slipped from their August levels.
The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index fell to 56.6 from 59 in August. Anything above 50 signals that manufacturing is growing.
69.
Some Fear Auto Industry Returning to Bad Habits -
Wednesday, September 3, 2014
DETROIT (AP) – Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past.
As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road.
70.
Consumer Confidence Near a 7-Year High -
Saturday, August 30, 2014
U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains.
The Conference Board said Tuesday that its confidence index rose for a fourth straight month to 92.4 from 90.3 in July. The August reading is the highest since October 2007, two months before the Great Recession officially began.
71.
Consumer Confidence Near a 7-Year High -
Wednesday, August 27, 2014
U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains.
The Conference Board said Tuesday that its confidence index rose for a fourth straight month to 92.4 from 90.3 in July. The August reading is the highest since October 2007, two months before the Great Recession officially began.
72.
Fed Weighs Key Issues But May Reveal Little -
Wednesday, July 30, 2014
WASHINGTON (AP) — This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low.
This much is not: When will the Fed start tightening its interest-rate policy to thwart any runaway inflation? How will it do so? And when will the Fed start paring its enormous $4 trillion-plus investment portfolio — a step that will put upward pressure on interest rates?
73.
ServiceMaster Begins Trading on NYSE -
Thursday, June 26, 2014
The parent company of Memphis-based ServiceMaster Co. LLC began trading on the New York Stock Exchange Thursday, June 26, in an initial public offering of its common stock.
The move to the market comes a day after ServiceMaster Global Holdings Inc. announced it was pricing the offering of 35.9 million shares at $17 per share. The pricing was below analysts’ estimates of $18 to $21 per share.
74.
Auto Industry Gets Serious About Lighter Materials -
Tuesday, June 10, 2014
DEARBORN, Mich. (AP) – Roofs made of carbon fiber. Plastic windshields. Bumpers fashioned out of aluminum foam.
What sounds like a science experiment could be your next car.
While hybrids and electrics may grab the headlines, the real frontier in fuel economy is the switch to lighter materials.
75.
Google Buys Corporate Mobile-Device Manager Divide -
Tuesday, May 20, 2014
SAN FRANCISCO (AP) – Google has bought Divide, a startup that helps companies manage the mobile devices that employees are increasingly relying upon to get their work done.
Financial terms of the acquisition announced Monday were not disclosed. The deal is part of Google's effort to widen corporate usage of smartphones and tablets running on its mobile operating system, Android.
76.
The Market Whisperer -
Saturday, May 10, 2014
When economic analysis gets reduced to a binary choice between opposites like bullish or bearish, up or down, strong or weak, the complexity that helps explain the way things are gets lost in a thicket of sound byte-ready oversimplification.
77.
Daily News Seminar Looks at State of Economy -
Tuesday, April 29, 2014
The recession that gutted the economy in recent years has, among other things, replaced good, high-paying jobs with jobs that don’t pay especially well.
That’s among the findings of a new report from the National Employment Law Project, which analyzed trends related to jobs in the aftermath of the recovery. It’s one example of how there’s plenty of ground to dig into as part of an analysis of the qualities of the economy of the moment, and The Daily News’ next seminar will do just that.
78.
Methodist University Hospital Names Liebman New CEO -
Wednesday, April 2, 2014
Jeff Liebman has joined Methodist University Hospital as chief executive officer. In his new role, Liebman said, he will ensure the hospital continues to be a community resource providing the highest possible quality of care to the community while following the guidelines of the Methodist LeBonheur mission.
79.
ServiceMaster Files for IPO -
Saturday, March 29, 2014
ServiceMaster Global Holdings Inc., the parent company of The ServiceMaster Co., announced Monday, March 24, it has filed with the U.S. Securities and Exchange Commission for an initial public offering of its common stock.
80.
ServiceMaster Files for IPO -
Wednesday, March 26, 2014
ServiceMaster Global Holdings Inc., the parent company of The ServiceMaster Co., announced Monday, March 24, it has filed with the U.S. Securities and Exchange Commission for an initial public offering of its common stock.
81.
Wells Joins Evans Petree as Associate -
Wednesday, February 26, 2014
Julie Wells has joined Evans Petree PC as an associate in the East Memphis office, focusing her practice in health care law and general business matters. She previously worked at Baptist Medical Group, where she played an integral role in physician practice acquisitions and contractual-related matters.
82.
Breaking Through -
Saturday, February 22, 2014
If it was just an abstraction or a mere theory, it wouldn’t have a definition in the dictionary or a website. It would simply be another urban myth.
But with a few keystrokes you can go right to www.glassceiling.com. And the dictionary definition of “glass ceiling” is tangible – “an unfair system or set of attitudes that prevents some people (such as women or people of a certain race) from getting the most powerful jobs.” In fact, you can almost see a woman stuck in middle management, briefcase in hand, staring up at that glass ceiling and wondering: Where do I find the ladder that gets me from here to there?
83.
Gambling Industry Fights Self on Internet Gambling -
Tuesday, February 11, 2014
LAS VEGAS (AP) – Many experts believe online wagering is the future of gambling, but the casino industry is increasingly divided on the issue.
The latest evidence of the split came Monday as the Coalition to Stop Internet Gambling launched the first commercial in a six-figure campaign warning of the dangers of legalized Internet gambling. The coalition is emphasizing the possibility that criminals and terrorists may use online gambling to launder money.
84.
Harris Brings Motivation to Medtronic Employees -
Thursday, February 6, 2014
It makes perfect sense for a guest speaker at Medtronic Inc. to deliver a motivational speech titled “Adopting a Global Mindset.”
85.
Obama Asks CEOs for Help Hiring Long-Term Jobless -
Monday, February 3, 2014
WASHINGTON (AP) – Confronting an economic recovery slowed by persistent joblessness, President Barack Obama on Friday won commitments from nearly 300 companies to reach out to the nearly 4 million Americans who have been jobless for half a year or more.
86.
Consumer Spending Likely to Boost Growth in 2014 -
Wednesday, January 22, 2014
WASHINGTON (AP) – Hopes are rising that consumers will drive stronger growth in 2014 after they stepped up spending at the end of last year in the United States and Europe.
The outlook for spending is brightening even though growth is weakening in some large emerging economies and slowing the sales of consumer product giants such as Unilever and Procter & Gamble.
87.
Consumer Confidence Falls to 7-Month Low -
Saturday, November 30, 2013
U.S. consumers’ confidence in the economy fell in November to the lowest level in seven months, dragged down by greater concerns about hiring and pay in the coming months.
The Conference Board said Tuesday that its index of consumer confidence dropped to 70.4 from 72.4 in October. The October reading was higher than initially reported, but still well below the 80.2 reading in September.
88.
Shopping Spree -
Saturday, November 30, 2013
Retailers have been gearing up for a frenzied Black Friday, marking the beginning of the holiday shopping season, but industry experts expect a lukewarm year compared to moderate growth in 2012.
Both nationally and locally, many stores opened earlier than ever before in an attempt to capture customers before their competitors and maximize a shorter-than-usual shopping season.
89.
US Consumer Confidence Falls to 7-Month Low -
Thursday, November 28, 2013
WASHINGTON (AP) – U.S. consumers' confidence in the economy fell in November to the lowest level in seven months, dragged down by greater concerns about hiring and pay in the coming months.
90.
Latest Federal Internet Gambling Bill Proposes Tax -
Tuesday, November 19, 2013
LAS VEGAS (AP) – If Congress makes no progress on a national framework for online gambling this session, it won't be for a lack of legislation.
Two lawmakers introduced bills over the summer that would legalize some form of Internet gambling nationwide. Last week, Rep. Jim McDermott, a Democrat from Washington, introduced a bill that would tax federally-sanctioned online wagering.
91.
AutoZone Reports Mixed Quarterly Results -
Wednesday, September 25, 2013
AutoZone Inc. arguably has shifted temporarily into the slow lane, but the Memphis-based auto parts retailer is confident its engine still has enough horsepower to outrace the competition.
92.
US Builders Boost Single-Family Home Construction -
Thursday, September 19, 2013
WASHINGTON (AP) – U.S. builders started work in August on the most single-family homes in six months and requested permits to construct even more in future months. The figures suggest housing remains a driver of economic growth despite higher mortgage rates.
93.
RE/MAX Holdings Files IPO Plans -
Saturday, August 24, 2013
RE/MAX Holdings Inc. filed plans Monday to take the real estate brokerage firm public and raise up to $100 million.
94.
RE/MAX Files Plans for IPO -
Tuesday, August 20, 2013
RE/MAX Holdings Inc. filed plans Monday to take the real estate brokerage firm public and raise up to $100 million.
95.
Ally Financial Firms Paying $198 Million for US Claims -
Monday, July 29, 2013
WASHINGTON (AP) – Ally Financial and its related companies are paying about $198 million to settle federal complaints that the companies wrongfully foreclosed on homeowners.
The Federal Reserve announced the agreement Friday with Ally Financial, the former lending arm of General Motors known as GMAC Mortgage.
96.
JPMorgan to Trim 4,000 Jobs, Many in Consumer Banking -
Wednesday, February 27, 2013
NEW YORK (AP) – JPMorgan is trimming about 4,000 jobs, or about 1.5 percent of its work force, becoming the latest big bank to shrink its staff.
The bank said the cuts will be focused in consumer banking and mortgages. Many of the cuts would come through attrition, but the bank will lay off workers as well, a bank spokeswoman said.
97.
Lender Processing Paying $121 Million to Resolve Claims -
Friday, February 1, 2013
One of the biggest U.S. mortgage processing companies has agreed to pay $121 million to resolve states' claims that it wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
98.
Citigroup to Cut 11,000 Jobs -
Thursday, December 6, 2012
NEW YORK (AP) – Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat.
The cuts amount to about 4 percent of Citi's workforce. The bulk of them, about 6,200 jobs, will come from Citi's consumer banking unit, which handles everyday functions like branches and checking accounts.
99.
Storm's Cost May Hit $50 Billion; Rebuilding to Ease Blow -
Wednesday, October 31, 2012
WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.
100.
Sandy Unlikely to Damage US Economy, Analysts Say -
Tuesday, October 30, 2012
WASHINGTON (AP) – Airlines canceled thousands of flights and stranded travelers. Insurers braced for damages of up to $5 billion. Retailers expected shrunken sales.
Hurricane Sandy is causing disruptions for companies, travelers and consumers. But for the overall economy, damage from the storm will likely be limited. And any economic growth lost to the storm in the short run will likely be restored once reconstruction begins, analysts say.