VOL. 128 | NO. 155 | Friday, August 9, 2013
The city’s bus system isn’t out of the woods yet.
Tunica hosts second annual Balloon Bash this weekend
Hot-air balloonists will take to the Tunica skies this weekend as the second annual Tunica Balloon Bash is planned at five sponsoring Tunica casinos.
After an initial offering went so well earlier this year, a group of area homebuilders has acquired 17 more lots at The Village at Spring Creek Ranch from Boyle Investment Co.
ARLINGTON, Tenn. (AP) – Wright Medical Group Inc. said Thursday that the Food and Drug Administration did not approve its application to use its Augment Bone Graft product as an alternative product for use in foot and ankle fusions.
Memphis-based Triumph Bank has reached a deal to acquire the mortgage division of Merchants & Planters Bank.
Arlington-based Wright Medical Group Inc. is one step closer to relocating its headquarters to Memphis.
Just in time for the start of the new school year, The Boys & Girls Clubs of Greater Memphis has announced a change in executive leadership, as chief financial officer Larry Pennington has been chosen as acting CEO on an interim basis. He replaces Vincent Borello, who resigned as president and CEO to pursue other opportunities.
The political stakes were high for some on the Shelby County Commission.
Chris Hamlet didn’t have to spend five years in a Mexican prison.
The state attorney general has reopened a review of the sale of the Nineteenth Century Club property on Union Avenue just as efforts by current and former club members to challenge the sale face a critical Monday fundraising deadline.
There is no reliable way to determine if a losing football program is on the precipice of becoming a winning football program. If there was, we’d all be getting rich betting the games.
Are you ready for some basketball?
ST. LOUIS (AP) – The St. Louis Cardinals recalled right-hander Carlos Martinez from Triple-A Memphis to make his first career start Thursday night against the Dodgers.
With the first semester of the newly consolidated Shelby County Schools in full swing this week, all eyes are on this mammoth system and what it might mean, if anything, for education’s progress, efficiency and reform in the Mid-South.
IT’S NOT JUST ABOUT THE CHILDREN. THEY’RE IN CHARGE. I should thank the city council for this opportunity to repeat a column instead of come up with something new. With these folks, it’s the same old stuff. I wrote the gist of this two years ago when we were three years in arrears paying our school children the $57.4 million we owe them.
So many new business ventures die on the vine. Statistics vary, and we’ll keep the details of the debate to a minimum here. Let’s say that 1 in 20 make it. Let’s define the “Making It” as either having a profitable company after five years of existence or selling to a larger firm for a wealth-creating sum.
MEMPHIS (AP) – Discount retailer Fred's Inc. said a key revenue measurement rose 2.5 percent in July to $142.2 million.
NASHVILLE (AP) – Gov. Bill Haslam has named Robert E. Oglesby to become the new commissioner of the state Department of General Services.
NEW YORK (AP) – Shoppers are holding off on back-to-school shopping, and those who delay long enough might be rewarded with some steep discounts from desperate retailers.
NEW YORK (AP) – The U.S. Justice Department is investigating JPMorgan Chase over mortgage-backed investments the bank sold in the run-up to the financial crisis.
Knoxville-based Scripps Networks Interactive said Thursday its second-quarter profit increased 12 percent because of strong advertising and distribution revenues and a growing international business.
WASHINGTON (AP) – The White House says President Barack Obama will sign a bill Friday to lower the costs of borrowing for millions of students.
WASHINGTON (AP) – Mortgage giant Fannie Mae earned $10.1 billion in the second quarter, aided by the recovery in the housing market. The government-controlled company has turned a profit in each of the past six quarters.