VOL. 126 | NO. 162 | Friday, August 19, 2011
Canada-based manufacturer Kruger Inc. has chosen Memphis from among several locales as the place where the company will invest $316 million to develop a state-of-the-art manufacturing plant.
Cotton Museum embarks on major membership drive
The Cotton Museum at the Memphis Cotton Exchange has attracted more than 40,000 visitors from around the world since opening its doors in 2006, but new executive director Anna Mullins is on a mission to engage more Memphians in the story of the crop that helped shape their community.
General DeWitt Spain Airport in Frayser reopened this month, three months after a temporary levee near the general aviation airport broke and the facility flooded.
Another national burger chain is setting up shop locally, except this one selected Memphis as its entrance into the Tennessee market.
Arlington’s Mayor and Board of Aldermen will consider hiring a consultant to advise the town on the coming consolidation of Memphis City and Shelby County Schools.
Add Memphis City Council member Janis Fullilove to the list of those opposed to dedicated bicycle lanes on Madison Avenue between Cleveland and Cooper streets.
The new Economic Development Growth Engine approved its existence Wednesday, Aug. 17, while also addressing some confusing technicalities.
Grief is tremendously difficult for anyone to process, especially for a young person who’s lost a parent or other loved one.
Show business takes on business in the current production of “How to Succeed in Business Without Really Trying” at Playhouse on the Square.
Small businesses in Memphis – as well as across Tennessee – stand to benefit from a pair of announcements unveiled this week regarding targeted federal investment in the area.
The Memphis riverfront will have two queens next summer.
Max Fletcher, Ph.D., one of this year’s Pew Scholars in the Biomedical Sciences said that, as a scientist, he enjoys trying to answer things for which no one has answers yet.
THE POWER OF VISION. Many families have a story about opportunities missed, fortunes lost. My great uncle was in the retail coal and ice business in Memphis. Around 1907, our story goes, a woman owed him about $7,500 – a piece of change then. She couldn’t repay him according to the terms set, so she offered something she owned instead to cover the debt. He turned her down but gave her new terms and she eventually paid off the loan. When asked to justify his decision (and he was asked a lot), he infamously replied, “What she had was a passing fancy, a temporary infatuation no one really needs. People will always need coal and ice.”
Let’s talk about the phone. In the world of email, Facebook, Twitter, texts and blogs, sometimes the phone gets overlooked. But it is a powerful tool. Especially, as demographers note, for people over a certain age. Many people grew up with the phone being the most immediate form of contact – the way to reach out and touch someone. Other ways are available, but there is an intimacy and yes, immediacy, that other methods don’t offer. With the phone you can actually talk with someone. You hear their voice, they hear yours. You can laugh, connect, make decisions, schedule appointments and then move on.
SAN ANTONIO (AP) – Valero Energy Corp. on Thursday said it is in the process of restarting units at its Memphis refinery, which was shut down after a fire on Aug. 5. It warned the shutdown will lead to lower production and higher costs.
NASHVILLE (AP) – Tennessee's July unemployment rate of 9.8 percent remained unchanged from the previous month.
JOHNSON CITY, Tenn. (AP) – Gov. Bill Haslam says there are varying views among Tennessee's congressional delegation about the urgency for national rules governing the collection of online sales tax collections by retailers like Amazon.com.
NASHVILLE (AP) – A German company has announced plans for a manufacturing plant that will create more than 120 jobs over five years in Lauderdale County.
NASHVILLE (AP) – Tennessee education officials are asking the public for help in evaluating textbooks for the 2012-13 school year.
OXFORD, Miss. (AP) – After two years of negotiations, Baptist Memorial Health Care Corp. has completed the purchase of a building it had been leasing from local governments.
DEERFIELD, Ill. (AP) – Walgreen Co. said Thursday it is replacing its older store brands with a single new brand called Nice and plans to have 400 of products bearing that label on its shelves by early 2012.
STERLING HEIGHTS, Mich. (AP) – Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy.
WASHINGTON (AP) – Consumers paid more for gas, food and clothes last month, pushing prices up by the most since the spring.
NEW YORK (AP) – A private research group forecast that the economy will grow slowly in the second half of the year because of the support it's gotten from the Federal Reserve.
WASHINGTON (AP) – The number of people applying for unemployment benefits rose back above 400,000 last week. Still, the four-week average, a more reliable gauge of the job market, fell to the lowest level since mid-April.
WASHINGTON (AP) – Union leaders are calling on the Postal Service to disavow a proposal to slash up to 120,000 jobs.
WASHINGTON (AP) – The number of people who bought previously occupied homes dropped in July. The third decline in four months suggests the depressed housing market won't help the U.S. economy recover this year.
WASHINGTON (AP) – The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971.