Editorial Results (free)
1. Grinding Recovery
- Saturday, April 30, 2016
Michael Drury is watching the current U.S. presidential season with a combination of professional detachment and an air of resignation.
Detachment, because part of his job as chief economist at Memphis-based McVean Trading & Investments is to keep abreast of what makes economies around the world tick. Part of that, of course, means at least some degree of focus on the man – or, possibly a few months from now, the woman – who sits astride the dominant global economy.
2. Lay Off The Sauce, Maker Says
- Monday, April 18, 2016
LONDON (AP) — Mars Food, the maker of Dolmio and Uncle Ben's, says some of its sauces will soon carry labels suggesting they should be eaten only occasionally - a decision praised by health campaigners seeking to reduce the amount of salt, sugar and fat in processed food.
3. Moving Dirt
- Saturday, April 09, 2016
The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.
4. Vancouver Features Tastes For All Senses
- Thursday, March 31, 2016
Every place has a food.
Canada has poutine. Sure, the country probably has a few other things, too. But Canada has poutine.
And never mind that the gooey mess of fries, gravy and cheese curds actually has origins in Quebec, on the far eastern end of Canada. A few hours into our family’s first visit to Canada in Vancouver – yes, on the far western edge of the country – the first meal had to include poutine.
5. Household Spending, Home Building Fuel Modest US Growth
- Monday, March 28, 2016
WASHINGTON (AP) – Consumer spending and home construction are helping sustain modest U.S. economic growth despite problems caused by a strong dollar, low oil prices and an excess of business stockpiles.
6. Dodging a Disaster With Volkswagen?
- Saturday, March 26, 2016
Next month will mark five years since the first Passat rolled off the assembly line at Chattanooga’s Volkswagen plant. Most anniversaries are a cause for celebration.
But as Chattanoogans blow out the candles on this particular milestone they’ll be hoping that Volkswagen’s diesel emissions troubles will soon be extinguished, too, and that the new SUV model they’ll start producing this year will help VW emerge from the crisis a better and stronger company than before.
7. FedEx CEO Downplays Amazon ‘Industry Disruption’
- Thursday, March 17, 2016
FedEx Corp. founder and CEO Fred Smith never said the word “Amazon,” but the e-commerce giant was clearly on his mind Wednesday.
Smith addressed speculation about “industry disruption” by Amazon from the outset of Memphis-based FedEx’s quarterly earnings conference call. He also defended the Trans-Pacific Partnership trade agreement, noting that both of the frontrunners for the Democratic and Republican presidential nominations are opposed to it.
8. With No Rate Hike Seen, Fed's Outlook on Economy is Awaited
- Tuesday, March 15, 2016
WASHINGTON (AP) – The financial world is awaiting the Federal Reserve's response to a critical question: How stable are the world's economies and financial markets?
Whatever picture the Fed sketches will help shape expectations of when it will resume the interest rate increases it began in December. That's when the Fed raised its key rate from record lows to reflect an economy finally strong enough 6½ years after the Great Recession ended to withstand higher loan rates.
9. Strong US Job Growth in February Helps Dispel Recession Fears
- Monday, March 07, 2016
WASHINGTON (AP) – A robust February jobs report showcased a resilient U.S. economy just as fears of a new recession had begun to surface.
Economic reports in recent weeks had fueled anxieties about a looming downturn: Manufacturers were slumping. Stocks had plummeted. China was slowing sharply along with other emerging markets. The rising dollar had crushed exports.
10. Survey: US Companies Added 214,000 Jobs In February
- Thursday, March 03, 2016
WASHINGTON (AP) – U.S. businesses added a healthy 214,000 jobs last month, another sign that the U.S. job market remains resilient despite economic weakness overseas and tumult in financial markets.
11. Numbers Show Memphis’ Commercial Real Estate Market Stable in 2015
- Saturday, February 27, 2016
Across all sectors, the Memphis market was stable in 2015.
That’s according to the latest data from Integra Realty Resources, a national appraisal and advisory firm. At its annual Viewpoint local market presentation Wednesday, Feb. 24, local Integra leaders spoke on the industrial sector’s banner year, multifamily’s expansion cycle, what’s next for an office market without any remaining Class A space, and growth in the retail sector.
12. US Retail Sales Rise as Consumers Shrug Off Stock Price Drop
- Monday, February 15, 2016
WASHINGTON (AP) — U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite sharp drops in stock prices.
The Commerce Department said Friday that retail sales increased a seasonally adjusted 0.2 percent last month, the same as in December. Excluding the effect of falling gas prices, sales rose 0.4 percent.
13. Real Estate Vet: Kroger Looking to Spread its Wings
- Monday, February 15, 2016
Jimmy Lewis isn’t surprised by word that emerged in recent days about Kroger, the nation’s largest grocery chain, eyeing an acquisition of specialty grocer Fresh Market.
14. US Businesses Post More Open Jobs; Quits Rise to 9-Year High
- Wednesday, February 10, 2016
WASHINGTON (AP) – U.S. companies advertised more available jobs in December and more Americans quit, trends that could lift wages in the coming months.
The number of job openings jumped 4.9 percent to 5.6 million, the most since July, the Labor Department said Tuesday. And quits increased 6.9 percent to nearly 3.1 million, the highest in more than nine years.
15. Many See Cause for Optimism Despite Slower US Job Growth
- Monday, February 08, 2016
WASHINGTON (AP) — Consider looking past January's so-so job growth.
At first glance, Friday's government report on U.S. hiring was a downer — 151,000 added jobs, well below the pace of the previous few months.
16. First Horizon CEO: 2015 Was a ‘Very Good Year’
- Wednesday, January 20, 2016
The top brass at First Tennessee Bank’s parent company kicked off their first quarterly earnings presentation to analysts in 2016 with frequent allusion to some favorite themes.
17. US Employers Hire at Robust Pace, Defying Global Trends
- Monday, January 11, 2016
WASHINGTON (AP) — The U.S. economy is motoring ahead despite slowing global growth that caused upheavals in financial markets around the world this week.
Employers added a robust 292,000 jobs last month, and the unemployment rate stayed low at 5 percent, the Labor Department said Friday. Job gains in the October-December quarter averaged 284,000, the best three-month increase since last January.
18. An Emotional Obama Unveils His Plan to Cut Gun Violence
- Wednesday, January 06, 2016
WASHINGTON (AP) — President Barack Obama, at one point wiping tears from his cheek, unveiled his plan Tuesday to tighten control and enforcement of firearms in the U.S., using his presidential powers in the absence of legal changes he implored Congress to pass.
19. Expect Less and Buy Antacid: 2016 Investment Forecasts
- Wednesday, December 23, 2015
NEW YORK (AP) — Investing is becoming more of a grind. Expect it to stay that way.
Analysts, mutual-fund managers and other forecasters are telling investors to expect lower returns from stocks and bonds in 2016 than in past years. They're also predicting more severe swings in prices. Remember that 10 percent drop for stocks that freaked investors out in August? It likely won't take another four years for the next one.
20. Beware Thyself
- Thursday, December 10, 2015
Over the last 13 months, or 262 trading days, the S&P 500 has produced a 0% return while the Barclays total bond market index has produced an enviable 1%. Over the last several weeks I have received several calls and emails from clients, fatigued by sideways markets that want to “do something” about it.
21. Beware Thyself
- Thursday, December 10, 2015
Over the last 13 months, or 262 trading days, the S&P 500 has produced a 0% return while the Barclays total bond market index has produced an enviable 1%. Over the last several weeks I have received several calls and emails from clients, fatigued by sideways markets that want to “do something” about it. This emotion, while understandable, can often lead to mistakes. One of our roles as investment advisors is to help clients widen their field of view and mitigate the risk of trading mistakes. Over the past twelve months the markets have produced some distinct winners and losers. US stocks +.91% vs. international stocks -7%. US internet and biotech stocks +20% vs. US energy stocks -20%. US growth stocks + 7%, US value stocks -4%. Which would you buy if you were craving returns? Clearly large cap US growth themes like biotech and technology make money while US value themes like Europe, emerging markets and commodities do not.
22. December Welcomes Batch of Memphis Holiday Markets
- Tuesday, December 08, 2015
By the time everyone has put up the tinsel, taken down the trees and is counting down the days until 2016 arrives, the month of December will have seen at least half a dozen holiday markets, stores and pop-up shops unfold around Memphis.
23. Memphis, North Mississippi Competition Raises Questions
- Saturday, December 05, 2015
When leaders of the city-county Economic Development Growth Engine didn’t grant developers a $24 million tax abatement to build an industrial park on the site of the former Mall of Memphis, some saw it as more kindling for competition between the industrial markets of North Mississippi and Southeast Shelby County.
24. Business Leaders Forging New Identity for Summer Avenue
- Friday, December 04, 2015
Summer Avenue was home to the city’s first McDonald’s, the world’s first Holiday Inn and a small part of what was called the Broadway of America when the completion of U.S. 70 in 1927 took it across the U.S.
25. US Economy Grew at 2.1 Percent Rate in Third Quarter
- Wednesday, November 25, 2015
WASHINGTON (AP) — The U.S. economy grew at a slightly faster rate in the summer than previously reported, mainly because businesses restocked their goods at a stronger pace than first thought.
The overall economy, as measured by the gross domestic product, grew at an annual rate of 2.1 percent in the July-September period, the Commerce Department reported Tuesday. It previously estimated growth of 1.5 percent.
26. Fred’s Reports Third-Quarter Profit, Sales Increase
- Wednesday, November 25, 2015
Back in September, Memphis-based discount retailer Fred’s Inc. brought all of its managers to Memphis for a two-day conference – the first time that’s been done in 14 years.
The confab came at the end of the third quarter that saw Fred’s earn $1.4 million, or 4 cents per share, reversing a $10.4 million loss, or a loss of 28 cents per share, in the year-ago period. Total sales for the quarter were up 14 percent to $541 million. Excluding sales of $16.2 million from stores closed mostly at the end of 2014, total sales for the third quarter were up 18 percent.
27. Holiday Travel Projections Up
- Tuesday, November 10, 2015
Americans might have more reasons to travel this holiday season as airfare trends continue to work in favor of the consumer.
Jet fuel prices have declined nearly 35 percent this year, and airfares this summer saw the biggest fare decline in 20 years, leading to projections that the end of the year would continue to see those falling prices.
28. Consolidation of Tennessee’s Newspapers Bad for Taxpayers
- Thursday, November 05, 2015
The federal government isn’t likely to descend on Tennessee with trust-busting vengeance once three of the state’s four largest newspapers are owned by the same company.
Newspapers are too far down a virtual slippery slope of monopolism to retrieve from the hands of Gannett, which recently announced it plans to pay $280 million for Journal Media Group, the owner of The Commercial Appeal in Memphis and Knoxville News Sentinel.
29. Distribution Diversification – The Flip Side of the Coin
- Thursday, November 05, 2015
Ray’s Take We talk a lot about saving for retirement and the importance of diversifying your portfolio. As a result, you’ve diversified the assets in your portfolio and you’ve saved regularly and often, and invested in a balanced mix of stocks, bonds and other assets. And because of those smart moves, you’ve reduced risk and improved your odds of enjoying a great retirement.
30. Office, Industrial Real Estate Enjoy Strong Third Quarter
- Saturday, October 31, 2015
Memphis’ industrial and office sectors are seeing healthy activity, and some areas are experiencing record fundamentals.
At the Crescent Center building in East Memphis, prices per square foot have reached $30.50, a level that hasn’t been seen before in the Memphis market.
31. Mix It Up
- Saturday, October 31, 2015
Memphis’ development eye is turning inward and upward as mixed-use projects are becoming more common than ever before.
Usually a mode of survival for densely packed cities, residential, office, retail and even manufacturing are cohabitating in single mixed-use buildings or lots as a way to recoup Memphis’ sprawl. Downtown and Midtown are being combed for infill and adaptive reuse possibilities as millennials are moving to the urban core in droves.
32. US Home Values and Rents Defying Global Slowdown
- Wednesday, October 28, 2015
WASHINGTON (AP) — U.S. housing appears to be insulated so far from the cooling global economy.
Home values and rental prices are steadily rising, fueled by strong demand and a tight supply of available properties, a pair of reports Tuesday showed. The solid demand drove sales growth early this year and spurred additional construction.
33. Rally Tally
- Tuesday, October 27, 2015
Having promoted the necessity of a solid GDP report from China to secure recent gains, I am happy to assert that, according to the data, the Chinese economy remains aloft…which was all the market needed to hear.
34. Together Again
- Saturday, October 24, 2015
To look ahead to next season, we must first go back to last season. To that heady time when the Grizzlies held a 2-1 series lead over the Golden State Warriors in the NBA’s Western Conference semifinals.
35. Developer Long on Downtown Memphis, Short on Specifics
- Thursday, October 22, 2015
Three Downtown properties are now owned by an Atlanta-based affiliate of an Australian real estate investment and development company, which is giving little in the way of clues about its Memphis plans.
36. Students Get Leadership Lessons With Sonima Tour
- Friday, October 09, 2015
Memphis-area students are getting a lesson in how to become tomorrow’s leaders with the Live Sonima Tour, a collaboration with the Sonima Foundation that allows young people to access the tools and inspiration necessary to become better students, leaders and individuals.
37. Conference Brings Creative Best to Memphis
- Tuesday, September 29, 2015
Josh Horton loves Memphis, but in 2004 he thought he needed to leave the city to advance his career.
Enjoying his work as a graphic designer was fine, in theory. But he didn’t believe his work stood up to peers across the country.
38. Economy Grew at 3.9 Percent Rate in April-June Quarter
- Monday, September 28, 2015
WASHINGTON (AP) — The U.S. economy grew at an even faster clip in the spring than previously estimated. But that growth likely slowed in the summer, held back by global headwinds and turbulent financial markets.
39. Leadership Lessons From Design Thinker Max DePree
- Monday, September 28, 2015
The former CEO of Herman Miller, Max DePree said, “I’ve got so many MBAs, but what I need is a poet. Poets are the original systems thinkers.”
40. Memphis-Based Cabsolutely Expands Into Nashville
- Saturday, September 19, 2015
Cabsolutely, a 2014 graduate of Start Co.’s Upstart accelerator, has reached its first regional market. Now a partner with Nashville-area Kwik Cab, the service platform provides cloud-based dispatch software and an app for cab drivers to better compete with tech-savvy ridesharing platforms. Cabsolutely currently is accepting beta testers for its upcoming passenger app, which will allow smartphone users to hail, pay for and rate a cab experience. It also has partnered in Memphis with Premier Transportation.
41. Is Now Time For a Fed Rate Hike? Here Are 2 Clashing Views
- Thursday, September 17, 2015
WASHINGTON (AP) — For seven years — through political fights, Europe debt crises and market panic — investors could count on one thing: Short-term U.S. interest rates would stay locked near zero.
42. Memphis-Based Cabsolutely Expands Into Nashville
- Wednesday, September 16, 2015
Cabsolutely, a 2014 graduate of Start Co.’s Upstart accelerator, has reached its first regional market. Now a partner with Nashville-area Kwik Cab, the service platform provides cloud-based dispatch software and an app for cab drivers to better compete with tech-savvy ridesharing platforms.
43. Shifting Memphis Media Market, Like Every Other, In Flux
- Saturday, September 12, 2015
Lauren Lee never picks up a newspaper. Which isn’t much of a surprise because she’s 33 years old, works in marketing, and has the technological savvy and finger dexterity to operate a smartphone.
44. Memphis Financial Advisers Talk the Psychology of Money
- Saturday, September 12, 2015
Wunderlich Securities Inc. financial adviser Jason Fair got a call in recent days from a client spooked over the volatility in financial markets.
45. Farmers First
- Wednesday, September 09, 2015
After all these years – 27 weeks of Saturdays for a decade – Jill Forrester calls it a “nice routine.” And by that she means she and husband Keith getting up at 3 a.m., loading their produce, herbs and flowers, and driving to the Memphis Farmers Market downtown.
46. Photographers Create Broad Avenue Studio Partnership
- Tuesday, September 01, 2015
Creative individuals often do their best work in isolation.
But sometimes collaboration can go a long way in furthering a mission, particularly when it’s a group of creative small-business owners looking to take their respective entities to another level.
47. A Q&A With Wall Street's Top Psychiatrist on Market Turmoil
- Monday, August 31, 2015
NEW YORK (AP) — When it seems like the stock market has lost its mind, big banks and investment firms often turn to one particular psychiatrist: Richard Peterson, CEO of MarketPsych, a firm that applies research from behavioral science to financial markets.
48. US Stocks Close Flat Friday After Volatile Week
- Monday, August 31, 2015
U.S. stocks ended the day little changed Friday, letting investors breathe a little easier after a week where both the highs and lows were extreme.
The market gave investors a hard jolt the first two days of trading this week on concerns about the health of China's economy. The rebound Wednesday and Thursday was just as sharp as investors decided to scoop up beaten-up stocks.
49. Kudzukian’s ‘Neo-Radio’ Platform Has Room to Grow
- Thursday, August 27, 2015
What does kudzu have in common with a media content company in Memphis that bears its name?
Kudzukian founder Larry Robinson is hoping that his new, neo-radio concept will mirror the foot-a-day growth of the invasive southern vine.
50. Craft Brew Alliance Comes to Blues City Brewery
- Friday, August 14, 2015
This year, some 100,000 barrels of Craft Brew Alliance products will be produced at the Blues City Brewery in South Memphis in the second year of a five-year agreement between CBA and Blues City’s parent company, City Brewing Co., out of Lacrosse, Wis.
51. Nashville Hospitality Stats Continue to Amaze
- Saturday, August 08, 2015
With room rates higher than ever, an increased number of impressive venues competing for private party business and award-winning chefs earning awards and catching the attention of national publications, Nashville’s cache is hotter than its native hot chicken. Well, almost as hot.
52. Ethnography Alone Cannot Generate Transformative Insights
- Monday, August 03, 2015
Consumer anthropology offers such refreshing insights into the marketplace, re-humanizing the relationship between people, things and stores in very profound and moving ways. This movement also has helped stores get their noses out of spreadsheet and theories and keep their eye on the customer experience.
53. First Tennessee Promotes Walker to Lead Diversity Efforts
- Friday, July 31, 2015
First Tennessee Bank has made a key executive promotion to help enhance the myriad diversity and inclusion efforts within the bank, among its customers and in the communities it serves.
54. US Economy Posts Solid 2.3 Percent Growth Rate in Q2
- Friday, July 31, 2015
WASHINGTON (AP) — The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.
55. Departing Thoughts from Asia
- Wednesday, July 29, 2015
This entry will be my last submission penned while living in Asia, so rather than discuss the market’s recent wiggles, I thought I would share some top of mind takeaways as I prepare to depart Hong Kong.
56. As Fed Meets, It Edges Toward First Rate Hike Since 2006
- Tuesday, July 28, 2015
WASHINGTON (AP) — The Federal Reserve is getting close to raising interest rates for the first time in nearly a decade, perhaps in September. When it meets this week, though, don't expect any timetable for a rate hike to be spelled out in a post-meeting statement. For now, the Fed wants to keep its options open.
57. Memphis Sole
- Saturday, July 25, 2015
The football field measurements are perhaps inevitable in describing just how big Nike’s Northridge distribution center in Frayser is after its $301 million expansion.
The 2.8 million-square-foot facility – the equivalent of 49 football fields – is Nike Inc.’s largest distribution center in the world.
58. US Home Sales Surged in June to Fastest Pace in 8-Plus Years
- Thursday, July 23, 2015
WASHINGTON (AP) — Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market.
59. Apple's Updates iPod Touch Amid Declining Sales
- Thursday, July 16, 2015
NEW YORK (AP) – Although the iPod's popularity has waned, Apple is updating its music player for the first time in nearly three years by giving the flagship Touch model a faster processor and better cameras.
60. Wal-Mart Opens Counter Offensive Against Amazon This Week
- Tuesday, July 14, 2015
NEW YORK (AP) – The online price fight as well as the bickering is heating up between Wal-Mart and Amazon.com, and it's not even the holiday shopping season.
61. Phillip Rogers Joins Wunderlich Wealth Management
- Wednesday, July 08, 2015
Phillip Rogers recently joined the Wunderlich Wealth Management office in Memphis as a managing director and financial adviser. Rogers’ financial services practice is focused on the needs of high net worth individuals, as well as endowments and foundations. He applies his background in and knowledge of the fixed income capital markets to extend an institutional level of expertise to individual investors.
62. Experts Give Their Take on Jobs, Fed and Financial Markets
- Monday, July 06, 2015
NEW YORK (AP) – If investors hoped Thursday's U.S. jobs report would give them clarity, they were probably disappointed.
The report, one of the most-watched pieces of news in financial markets, painted a mixed picture for U.S. employment. And it left a key question hanging over stocks and bonds: When and how quickly will the Federal Reserve raise interest rates?
63. Plane Talk
- Saturday, July 04, 2015
It was 2012 and Tom Jones was growing increasingly frustrated.
The root of Jones’ discontent was the high fares Delta Air Lines was extracting from Mid-Southerners at Memphis International Airport.
64. Marc Gasol of Memphis Is Already Right at Home
- Thursday, July 02, 2015
He appreciates a fine wine, but at least symbolically does so with a dab of barbecue on his chin.
He attended Lausanne High School while his big brother was both amazing and frustrating Grizzlies fans. And now we hear from Zach Randolph, via Craig Brewer’s best film to date, “Marc Gasol of Memphis,” that he was listening to Three 6 Mafia all along.
65. FedEx Seeks European Approval for TNT Express Acquisition
- Monday, June 29, 2015
European Union regulators should rule on FedEx Corp.’s bid to acquire Dutch logistics firm TNT Express by Aug. 3.
66. Seeds of Nutrition in South Memphis
- Thursday, June 25, 2015
Second in a series of profiles on the Community Foundation of Greater Memphis’ GiVE 365 grantees.
The community garden/urban farming concept literally took root years ago. Knowledge Quest founder and director Marlon Foster remembers well the 25-by-25-foot plot at the Fowler Homes housing project back in 1999. It was a humble beginning planted with a few seeds and a lot of faith and hope.
67. US Economy Not As Bad in First Quarter, Paving Way for Rebound
- Thursday, June 25, 2015
WASHINGTON (AP) — The U.S. economy contracted in the first three months of the year, just not as much as previously estimated. More recent data show that the weakness was largely temporary, with a rebound in the works for the April-June quarter.
68. OneJet Lands in Memphis, Thanks in Part to FedEx
- Wednesday, June 24, 2015
Mid-South business travelers now have an easy, efficient way to reach several large Midwestern markets.
OneJet, a startup airline catering to business travelers, launched its inaugural Memphis to Indianapolis flight on Monday, June 22.
69. Stones Rock Music City
- Saturday, June 13, 2015
Pleased to meet you, hope you guessed our name. Well, hell, Mick, if it’s puzzling you, it’s Nashville. Music City USA.
We’re the national media’s flavor of the day – the “It city,” which has gone from being a secondary concert market – remember The Beatles played Memphis, not Nashville – to one of the country’s prime touring destinations.
70. Different Strokes
- Saturday, June 13, 2015
Five years ago, Jim Napolitano left Hillwood Country Club in Nashville to become general manager at Chickasaw Country Club. The economy was still wheezing and Chickasaw, which received its charter in 1922 – or two years after the 19th Amendment gave women the right to vote – was trapped in a time warp.
71. McDonald's Sales Slump Continues in May
- Tuesday, June 09, 2015
OAK BROOK, Ill. (AP) – McDonald's says that a key sales measurement dipped in May, with weakness in the U.S. and some overseas markets.
The world's biggest hamburger chain said Monday that sales at locations open at least 13 months edged down 0.3 percent last month. That was better than the 1.1 percent decline that analysts polled by Thomson Reuters expected.
72. Fuel and Potential Fires for the US Economy Ahead
- Monday, June 01, 2015
WASHINGTON (AP) – The US economy should get better after a sputtering first quarter, but how much better? It's complicated.
Steady hiring and low gas prices should help power solid growth through the rest of 2015. The harsh winter and a labor dispute that slowed trade at West Coast ports are both over. Home sales and construction are rebounding, along with business investment.
73. Small Banks Find Ways to Compete With Giants
- Saturday, May 16, 2015
Nashville’s InsBank began 15 years ago, founded by a group of insurance agents. Originally, it was known as Insurors Bank of Tennessee, its target market was independent insurance agents in the state. But that has changed somewhat over the years as the bank has evolved from that particular niche.
74. Creative Class Boosting Downtown Memphis Office Market
- Thursday, May 14, 2015
With the clock on its Downtown office sublease running, officials at Sullivan Branding began looking for a new home.
The Memphis-based marketing, advertising and public relations firm needed a dynamic environment, one that would appeal not just to clients but to existing and prospective employees.
75. Do Not Fear Europe’s Recovery
- Wednesday, May 13, 2015
Interest rates determine the cost of capital for corporations, directly influence the capitalized value of corporate earnings and establish relative value positions within the currency markets. Simply stated, meaningful shifts in interest rates create meaningful shifts in the investment marketplace.
76. Fed Chair Yellen Says Stock Market Prices 'Quite High'
- Thursday, May 07, 2015
WASHINGTON (AP) – Federal Reserve Chair Janet Yellen on Wednesday described stock market valuations as high and said the central bank was carefully monitoring their impact on financial stability.
77. McDonald's Challenge: Make It Simpler, But Add Choices
- Tuesday, May 05, 2015
NEW YORK (AP) – McDonald's wants to simplify, simplify, simplify – but also add a bunch of choices for customers to avoid growing stale.
CEO Steve Easterbrook said Monday that he will strip away the bureaucracy at McDonald's so the company can move more nimbly to keep up with changing tastes. The overhaul comes after McDonald's saw its profit drop 15 percent last year, with sales dipping in regions around the world.
78. Economic Microscope
- Saturday, May 02, 2015
Back in 2012, Century Wealth Management president and founder Jay Healy was telling the firm’s clients that the U.S. stock market was behaving like a coiled spring.
79. US Economy Barely Grew in First Quarter
- Thursday, April 30, 2015
WASHINGTON (AP) – The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.
80. Will McGhee Tyson Expansion Lure Southwest?
- Saturday, April 25, 2015
With some of the preliminary work out of the way, the ambitious airfield reconstruction project at Knoxville’s McGhee Tyson Airport could begin in earnest as early as August.
The makeover is expected to bring in new business and support existing enterprise in East Tennessee and, airport officials say, help lure the popular carrier Southwest Airlines to Knoxville.
81. Barbie Shows Signs of Life As Mattel Plots Comeback
- Monday, April 20, 2015
NEW YORK (AP) – Things are finally looking up for Barbie.
Mattel, the toy company behind the plastic dolls, said there were some signs of improving demand for Barbie ahead of its planned makeover of the brand, including Barbie dolls with different skin tones, eye colors and nose shapes to better relate to multicultural girls and their mothers.
82. Pinnacle Awards Honor Commercial Real Estate Standouts
- Monday, April 13, 2015
The local commercial real estate community gathered at the Memphis Botanic Garden Thursday, April 9, for the 14th annual Pinnacle Awards. Every year, the Memphis Area Association of Realtors Commercial Council honors its members based on their transactional volume, merit and community activity.
83. Apple Watch Isn't The Only Gadget Out This Week
- Friday, April 10, 2015
NEW YORK (AP) – The public will have its first chance to see, touch and buy the Apple Watch on Friday, as Apple stores in the U.S. and eight markets abroad start previews and online orders commence.
84. US Economic Growth May Be Mild, But It's Also Really Durable
- Monday, March 30, 2015
WASHINGTON (AP) – The U.S. economy's tepid performance last quarter – a 2.2 percent annual growth rate – was typical of the economic rebound that began in the summer of 2009. Yet the sluggish pace of the recovery has a silver lining: This growth spurt has proved to be one of the most durable since World War II.
85. Housing Market Should Be Strong in 2015
- Monday, March 30, 2015
At one point during a recent Memphis real estate summit a rather remarkable thing happened.
The guest panelists – a banker, a homebuilder and a real estate agent – all agreed on something. 2015 could be a breakout year for the housing market.
86. Commercial Real Estate Bounces Back
- Saturday, March 28, 2015
After slowing to a crawl in the years following the Great Recession, commercial real estate activity in Metropolitan Knoxville is showing signs of sustained growth.
Last year marked a solid increase in sales and leasing in the Knoxville region, and 2015 is off to a good start, according to several area real estate executives.
87. FDA Approves Genetically Engineered Potatoes, Apples as Safe
- Monday, March 23, 2015
BOISE, Idaho (AP) – Potatoes that won't bruise and apples that won't brown are a step closer to grocery store aisles, but some food suppliers say they don't want any part of it and others are staying silent.
88. Leaving a Life They Love at Nashville Farmers’ Market
- Saturday, March 14, 2015
Charles Hardy needs help loading a huge piece of his life: a massive white refrigerator that was part of the Nashville Farmers’ Market home he’s leaving – likely for good – after almost a half-century.
89. Dow Reshuffle: Apple Joins Blue-Chip Index and Boots AT&T
- Monday, March 09, 2015
NEW YORK (AP) – Apple is in. AT&T is out.
In another victory of sorts for the popular and profitable iPhone giant, Apple will replace AT&T in the venerable Dow Jones industrial average on March 19, the manager of the index announced Friday.
90. Transcripts Reveal Fed Confronting Chaotic Banking System
- Thursday, March 05, 2015
WASHINGTON (AP) – Transcripts of Federal Reserve meetings in 2009 showed central bank officials struggling to contain the worst financial crisis in seven decades and searching for the right policies to halt a deepening economic downturn.
91. Goldman Sachs ‘Confident’ in Memphis
- Tuesday, March 03, 2015
In April, Rachel Diller, managing director of the urban investment group at Goldman Sachs, received a phone call in her New York office from officials at Phoenix-based Dudley Ventures.
The executives at Dudley Ventures, which specializes in large tax-credit supported projects, were arranging financing for the $200 million effort to transform the old Sears Crosstown property and wanted to know if the New York-based investment bank was interested.
92. Fruits and Vegetables Get a Star-Studded Marketing Push
- Friday, February 27, 2015
NEW YORK (AP) – What if cauliflower got the same type of marketing firepower as candy bars and potato chips?
A campaign being launched Thursday plans to put that premise to the test by enlisting celebrities including actress Jessica Alba and NBA star Stephen Curry to shill for fruits and vegetables.
93. Ready to Spend
- Saturday, February 21, 2015
Elizabeth Moss is in the middle of a total kitchen renovation at the Hendersonville home she bought on August 4, 2013.
94. Coke Bets on 'Premium Milk' to Boost Declining Category
- Wednesday, February 04, 2015
NEW YORK (AP) – Coke is coming out with premium milk that has more protein and less sugar than regular. And it's betting people will pay twice as much for it.
The national rollout of Fairlife over the next several weeks marks Coca-Cola's entry into the milk case in the U.S. and is one way the world's biggest beverage maker is diversifying its offerings as Americans continue turning away from soft drinks.
95. Barbie Blues Gave Mattel Holiday Disappointment
- Monday, February 02, 2015
Slumping sales of Barbie did little to bring a happy holiday to her maker, Mattel Inc.
Mattel's fourth-quarter earnings release Friday drilled down into the details of a weak performance that led to the resignation of its chairman and CEO.
96. Cadillac Wants Small Dealers to Upgrade to 'Boutique' Stores
- Friday, January 23, 2015
DETROIT (AP) – In an effort to better compete with BMW and Mercedes, Cadillac wants about 700 smaller U.S. dealers to create "boutique" stores that focus on the General Motors luxury brand.
97. Morris: Public Transit Tops Downtown Goals
- Thursday, January 15, 2015
A stronger and more vital public transportation presence in Downtown and a plan for development of land south of Central Station are two priorities of the Downtown Memphis Commission for the coming year.
98. Got Help Paying for Health Care? Watch Your Mailbox
- Tuesday, January 13, 2015
WASHINGTON (AP) – If you're among the millions of consumers who got financial help for health insurance last year under President Barack Obama's law, better keep an eye on your mailbox.
99. Tanger Outlets Confirms Southaven Involvement
- Friday, January 09, 2015
Tanger Factory Outlet Centers Inc. has confirmed what The Daily News first reported in December: It will play a key role in the development of a massive outlet mall in Southaven.
100. Shrinking Foreign Oil Bill Sends US Trade Deficit Lower
- Thursday, January 08, 2015
WASHINGTON (AP) – The U.S. trade deficit fell in November to the lowest level in almost a year, thanks to the country's swiftly shrinking thirst for foreign oil.
The deficit – imports minus exports – narrowed to $39 billion during the month, down 7.7 percent from a revised October deficit of $42.2 billion, the Commerce Department reported Wednesday.