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Editorial Results (free)
1. Philadelphia Investor Buys Memphis Portfolio for $6M
- Monday, May 15, 2017
Philadelphia-based real estate investment firm Odin Properties, doing business as Medley Apartments, has purchased four multifamily properties from Asia Capital Real Estate for a combined $6 million, according to paperwork filed with the Shelby County Register of Deeds.
2. Intel Drops $15B on Mobileye in Race for a Driverless Future
- Tuesday, March 14, 2017
DETROIT (AP) – Intel will buy Israel's Mobileye in a deal valued at about $15 billion, instantly propelling the computer chip and technology giant to the forefront of autonomous vehicle technology.
3. Grizzlies Thump Philadelphia As Randolph Hits Four Threes
- Thursday, October 13, 2016
The Memphis Grizzlies won their final home preseason game on Tuesday, Oct. 11, at FedExForum, beating the Philadelphia 76ers 121-91 as forward Zach Randolph hit four of the team’s made 3-point attempts.
4. Poag Buys Philadelphia-Area Center
- Monday, June 27, 2016
Memphis-based Poag Shopping Centers has purchased The Shops at Valley Square, located in Bucks County, Pa., for an undisclosed amount.
Poag will handle management and leasing of the property in partnership with real estate funds managed by Ares Management.
5. Small-Town Shift
- Saturday, May 30, 2015
Fred’s Inc. CEO Jerry A. Shore has been thinking bigger and smaller simultaneously.
“One of my key strategies after being named CEO was to upgrade talent,” said Shore, who had been the company’s CFO for more than 14 years before changing corporate hats a few months ago.
6. Self-Driving Cars Getting Dinged in California
- Tuesday, May 12, 2015
Four of the nearly 50 self-driving cars now rolling around California have gotten into accidents since September, when the state began issuing permits for companies to test them on public roads.
Two accidents happened while the cars were in control; in the other two, the person who still must be behind the wheel was driving, a person familiar with the accident reports told The Associated Press.
7. Autonomous Car Prepares for 3,500-Mile US Road Trip
- Monday, March 16, 2015
AUBURN HILLS, Michigan (AP) – Call it a preview of the cross-country road trip of the future.
An autonomous car developed by Michigan-based auto supplier Delphi Automotive will soon be making a 3,500-mile journey across the U.S. A person will sit behind the wheel at all times but won't touch it unless there's a situation the car can't handle. The car will mainly stick to highways.
8. How GM's Ignition Switch Redesign Went Wrong
- Tuesday, July 08, 2014
DETROIT (AP) – General Motors' deadly ignition switch flaws emerged from an effort to improve its cars.
As the company began developing new small cars in the late 1990s, it listened to customers who complained about "cheap-feeling" switches that required too much effort to turn. GM set about making switches that would work more smoothly and give drivers the impression that they were better designed, a GM switch engineer testified in a lawsuit deposition in the spring of 2013.
9. 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.
10. Congress Demands Answers on Delay in GM Recall
- Wednesday, April 02, 2014
WASHINGTON (AP) – The piece needed to fix a defective ignition switch linked to 13 traffic deaths would have cost just 57 cents, according to documents submitted by General Motors to lawmakers investigating why the company took 10 years to recall cars with the flaw.
11. Define Your Core Business
- Monday, November 25, 2013
Most successful new businesses begin by taking advantage of a new, untapped opportunity that develops in the marketplace. These businesses can grow organically for many years by continuing to take advantage of their formula for success.
12. Memphis Symphony CEO Takes Philadelphia Job
- Tuesday, March 20, 2012
The president and CEO of the Memphis Symphony Orchestra is leaving to become executive vice president of advancement for the Philadelphia Orchestra.
Ryan Fleur joined MSO in 2003 as president and CEO after similar postings with the Pro Arte Chamber Orchestra in Boston and the New York Philharmonic.
13. AP Source: GM Hourly Workers Get $4,000 Bonuses
- Tuesday, February 15, 2011
DETROIT (AP) – General Motors Co. will pay more than $189 million in profit-sharing to 48,000 U.S. hourly workers and millions more in performance bonuses to salaried employees, according to company documents obtained by The Associated Press.
14. Philadelphia-Based Investor Buys Waterstone Landing Apartments
- Wednesday, March 24, 2010
The Memphis multifamily market remains attractive to Resource Real Estate Inc., which has bought its second apartment complex here.
15. UAW Trust to Get 17.5 Percent of GM Shares
- Wednesday, May 27, 2009
DETROIT (AP) - General Motors Corp. will give the United Auto Workers union 17.5 percent of its common stock, $6.5 billion of preferred shares and a $2.5 billion note to fund a trust that will take over retiree health care costs starting next year.
16. Six Independent AIG Directors to Stand for Election
- Wednesday, May 20, 2009
CHARLOTTE, N.C. - Embattled insurer American International Group Inc. said Tuesday it will reconfigure its board to include six new independent directors.
17. Auto Suppliers to Get $5 Billion in Aid
- Friday, March 20, 2009
WASHINGTON (AP) - The Treasury Department, trying to stabilize the battered auto industry, will provide up to $5 billion in financing to troubled auto parts suppliers who are linked to Detroit's carmakers, officials said Thursday.
18. Ford Posts Record Loss in '08, But No Need for Aid
- Friday, January 30, 2009
DEARBORN, Mich. (AP) - Ford Motor Co. said Thursday it lost $5.9 billion in the fourth quarter and burned through $5.5 billion in cash, pushing the automaker to the worst annual loss in its 105-year history as sales slumped worldwide.
19. Credit Crunch Spurs Uncertainty On Bankruptcy Exit Loans
- Friday, August 31, 2007
WASHINGTON (Dow Jones/AP) - Companies trying to emerge from Chapter 11 protection by the end of this year may have trouble securing financing, as credit market woes extend into the niche arena of bankruptcy lending.
20. A Pundit in Our Future ...
- Tuesday, February 20, 2007
He is a seer of future Senate seats, an oracle of Congressional configurations and one of the foremost prophets of presidential politics.
To get an idea of the market for Charlie Cook's forecasting prowess, consider this from his schedule last fall: In the space of a week, he was the main attraction at events hosted by the American Beverage Association, American Express and the national paper and auto industries. At one event, he was introduced by former Michigan Gov. James Blanchard and former U.S. Defense Secretary William Cohen.
21. Toll, Others Buy Major Newspapers in Philadelphia
- Thursday, May 25, 2006
A prominent national home builder is the biggest investor among a group of business executives who have bought two newspapers in Philadelphia – the Philadelphia Inquirer and its sister paper, The Daily News – from McClatchy Co. in a $562