VOL. 126 | NO. 160 | Wednesday, August 17, 2011
Canada-based manufacturer Kruger Inc., which has been considering several locales including Memphis as possible sites for a major capital investment, this week filed a $39.8 million construction loan for its existing Memphis facility at 400 Mahannah Ave., north of Downtown.
Beale stakeholders say change is ‘slow but steady’
More than a year after the city of Memphis reached an out-of-court settlement with Performa Entertainment that would put day-to-day control of the Beale Street entertainment district in the hands of Memphis Mayor A C Wharton Jr.’s administration, the federal bankruptcy case tied to that settlement remains unsettled.
Memphis City Council members approved a bond resolution that expands the scope of The Pyramid renovation by Bass Pro Shops.
Germantown Mayor Sharon Goldsworthy is recommending the city hire a consulting firm to research the creation of a municipal school district.
Small businesses in Memphis – as well as across Tennessee – stand to benefit from a pair of announcements unveiled Tuesday regarding targeted federal investment in the area.
With pending uncertainty about the housing market, the local multifamily market appears to be staging a healthy comeback.
More than two dozen Memphis musical acts – from the Bo Keys to the Subteens to Star & Micey – will take the stage between Thursday, Aug. 18, and Sunday, Aug. 21, to “Rock for Love” at the Hi-Tone Cafe, 1930 Poplar Ave., and two other venues.
In the recording industry, signal flow refers to the path a signal follows from a source – say, where an instrument is plugged into a jack – all the way to output.
Joseph “Joe” DeVivo, former president of Smith & Nephew’s Memphis-based Orthopaedic Reconstruction and Trauma division, has been appointed executive leader of AngioDynamics, an Albany, N.Y.-based provider of medical devices for vascular access, surgery, peripheral vascular disease and oncology.
Julie Sanon has joined Agape Child & Family Services as director of operations.
Knowledge is power. That’s why keeping abreast of what your competition is doing in the marketplace makes good business sense. And in today’s digital age, more information than you can dream of is just a few clicks away.
Roy Rogers. Now there’s a blast from the past. Known as the King of the Cowboys, Roy sang his way through radio and silver screen and even had his own TV show until 1957. He was accompanied by his wife, Dale Evans, and World’s Smartest Horse, Trigger. Those were the days when real cowboys wore fringe.
MEMPHIS (AP) – Memphis coach Lionel Hollins has been named a member of the Grizzlies Foundation's board of directors.
CHATTANOOGA (AP) – The Tennessee Valley Authority has a message for opponents of it finishing a long-shuttered, 37-year-old nuclear plant in northeast Alabama: No costumes.
NASHVILLE (AP) – The Tennessee Highway Patrol is recruiting applicants for trooper jobs.
ATLANTA (AP) – The Southern Christian Leadership Conference has named Isaac Newton Farris Jr., nephew of the Rev. Martin Luther King Jr., as its president.
NATCHEZ, Miss. (AP) – As a steamboat company prepares to return the American Queen riverboat to work on the Mississippi River, a Natchez woman is preparing to serve as its chef.
NEW YORK (AP) – Wal-Mart Stores Inc. posted a second-quarter profit increase of 5.7 percent on Tuesday and raised its outlook for the year as it benefits from international sales growth and cost cutting measures. But the world’s largest retailer was unable to stop a two-year sales slump at its Walmart stores in the U.S as customers continued to grapple with job security and other economic woes.
NEW YORK (AP) – Fitch Ratings said Tuesday it will keep its rating on U.S. debt at the highest grade, AAA, and issued a "stable" outlook, meaning it expects the rating to stay there.
WASHINGTON (AP) – U.S. automakers rebounded in July to boost factory production by the most since the Japan crisis. But builders broke ground on fewer single-family houses, leaving home construction at depressed levels.
Allstate Corp. is suing Goldman Sachs Group Inc. claiming the broker fraudulently sold it more than $123 million in mortgage-backed securities in 2006 and 2007, before the housing market collapse sent the investments' value plunging.
HOFFMAN ESTATES, Ill. (AP) – Sears Holdings Corp. said Tuesday that Robert Schriesheim will join the company as executive vice president and chief financial officer.
NEW YORK (AP) – Americans are shouldering bigger debt loads to pay for college. That's even as they've pulled back on every other category of borrowing in the past three years, including mortgages, auto loans and credit cards.
NEW YORK (AP) – If you've ever used a fake cellphone conversation to avoid real-life interactions, you're not alone.
Health care stocks historically provide a relatively safe haven in roiling markets. They're less tethered to the economy's every movement than other stocks and tend to be less volatile.
NEW YORK (AP) – Pilots at JetBlue are choosing to go without union representation.
SAN FRANCISCO (AP) – Netflix Inc. is giving kids and their parents a new reason to embrace its Internet video subscription service as it raises prices to the dismay of many customers.
PEOSTA, Iowa (AP) – Seeking some help from rural America, President Barack Obama on Tuesday implored Iowans to share ideas with him about how leaders can give an economic jolt to the nation's heartland. He promised better days in a time of relentless joblessness, saying, "We'll get through this moment of challenge."
WASHINGTON (AP) – U.S. builders broke ground on fewer single-family houses in July, leaving home construction at depressed levels.