VOL. 125 | NO. 179 | Wednesday, September 15, 2010
After nine years, the Peabody Place retail center tenant that sold treats such as caramel apples and all manner of chocolate sweets has closed its doors.
A forested tract of land along the Wolf River once slated for development has been spared the chainsaws and will instead be set aside as a nature preserve.
Entrepreneurs get creative during tough times
The recession has proven to be a time of deep-seated uncertainty among business owners and stubbornly high unemployment that’s crippling consumer spending.
The Center City Revenue Finance Corp. has awarded a tax freeze to developers planning an 11-story, roughly 300-room hotel across from FedExForum that will save the project more than $15 million in taxes.
The Memphis City Council approved the Memphis City Schools (MCS) system’s $891.7 million operating budget Tuesday for the 2010-2011 fiscal and school year.
It’s an age-old argument, and Pat and Gina Neely know it well.
Two signature events for the Memphis World Trade Club are approaching, both showcasing the Port of New Orleans, one of Memphis’ key trading partners.
Photographer Aric Mayer spends a lot of his time thinking about the ways in which the larger events of nature overlap with those of civilization.
The new Shelby County Commission will settle down a bit as more time passes. But the 13-member body with six new members will probably remain more partisan than its predecessors of the last four years.
Daniel Weickenand has been appointed chief executive officer of Memphis Area Teachers’ Credit Union. Weickenand’s appointment follows a year-long, nationwide executive search.
Ready … Fire … Aim … Stimulus
INDIANAPOLIS (AP) – The costs that dictate employer-provided health insurance plans will climb more than 10 percent within the next 12 months, and financially pressured companies may pass more of this increase along to their workers through next year's benefits plans, according to an Aon Consulting report.
WASHINGTON (AP) – Retail sales rose in August by the largest amount in five months, adding to evidence that a late spring economic swoon was temporary and not the start of another recession.
CINCINNATI (AP) – Kroger Co.’s net income and revenue rose in its second quarter, as cost-cutting and efforts to build customer loyalty against tough competition boosted results at the nation’s largest traditional grocer.
WASHINGTON (AP) – Wild gyrations on Wall Street have made U.S investors leery of buying individual stocks and skeptical that the market is a fair place to park their money.
CHARLOTTE, N.C. (AP) – Steelmaker Nucor Corp. said Tuesday its third-quarter earnings will be down significantly from the second quarter due to higher scrap costs and the inability to pass along these price increases to customers.
WASHINGTON (AP) – In a win for President Barack Obama and his political allies, Senate Democrats on Tuesday won a crucial vote to clear the way for a bill to create a $30 billion government fund to help open up lending for credit-starved small businesses.
WASHINGTON (AP) — As President Barack Obama looks for someone to head a new consumer protection bureau, he could name Elizabeth Warren, the popular but polarizing consumer advocate, on an interim basis, a move that would allow her to avoid a potentially contentious Senate confirmation hearing.