VOL. 128 | NO. 113 | Tuesday, June 11, 2013
May home sales jumped 15 percent from the same month last year, while the average sales price increased 9 percent.
The Westin’s ‘Memphis to Moore’ event raising money for tornado victims
The Westin Memphis Beale Street Hotel is hosting a bash this week organizers are calling “Memphis to Moore,” an event that will raise money for the rebuilding effort in an Oklahoma community devastated last month by a mile-wide tornado.
Lionel Hollins repeatedly said more than he should have. So it is only fitting that the end of Hollins’ tenure as coach of the Memphis Grizzlies was marked by deafening silence from franchise CEO Jason Levien and then, finally, a press release saying the franchise was going to “move in a different direction.”
MEMPHIS (AP) – Georgia-Pacific LLC has received a request from the Federal Trade Commission and the antitrust division of the Justice Department for more information and documents related to its acquisition of Buckeye Technologies Inc.
The latest milestone in the comeback of Overton Square came the weekend of the Tony Awards in New York City with the groundbreaking for the new Hattiloo Theater.
Lionel Hollins is no longer with the Memphis Grizzlies, the NBA team’s front office announced Monday, June 10.
Downtown Memphis Commission president Paul Morris will become the new project director for the Main Street to Main Street revitalization project that includes a Harahan Bridge boardwalk.
DALLAS (AP) – Southwest Airlines Co. is running a three-day sale on fall travel, and other airlines are starting to match the lower prices.
The 12 branches of Mountain National Bank of Sevierville reopened for business at the start of this week under the banner of First Tennessee Bank.
Shelby County Mayor Mark Luttrell won an important Shelby County Commission vote last week when the commission approved the $4.38 county property tax rate he recommended.
Candidates in the 2014 elections for Shelby County Commission emerged at Commissioner Sidney Chism’s political picnic over the weekend.
REAL ESTATE RECAP
5155 Citation Drive, Memphis, TN 38118, Sale Amount: $11.3 million -
The 398,992-square-foot warehouse at 5155 Citation Drive in Oakhaven has sold for $11.3 million.
So it’s time to locate new office space for the changing needs of your business. That may mean adding more space to accommodate growth, downsizing to support a reduction in employees or even rightsizing – as many companies are these days – to reduce space per employee and cut operating expenses.
MEMPHIS (AP) – Louis Graham has been promoted to editor of The Commercial Appeal.
NASHVILLE (AP) – A report by the Tennessee Commission on Children and Youth finds the state didn't apply for some competitive grants that would have benefited programs.
DALLAS (AP) – The new American Airlines will have more top executives from smaller but more successful US Airways than from the current American.
WASHINGTON (AP) – Standard & Poor's Ratings Services upgraded its outlook Monday for the U.S. government's long-term debt. S&P cited the government's strengthened finances, a recovering U.S. economy and some easing of Washington's political gridlock.
WASHINGTON (AP) – President Barack Obama has nominated Jason Furman, a veteran White House economic official, as chairman of the president's Council of Economic Advisers.