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Latest news for Memphis Tennessee from Memphis Business Journal
IDB hears expansion plans from three companies
Dec 17, 2008 11:00 pm
The Memphis and Shelby County Industrial Development Board and its evaluation committee heard Wednesday from three different companies planning expansions in Memphis.
Verso Paper receives NYSE listing notice
Dec 17, 2008 10:51 pm
Verso Paper Corp. has received a notice from the New York Stock Exchange that the company’s stock is in danger of being delisted due to a falling market capitalization. (VRS)
State approves Methodist's baby unit plans
Dec 17, 2008 10:49 pm
Methodist Le Bonheur Healthcare Inc. was granted permission by the state Thursday to close its baby-birthing unit at Methodist North Hospital and expand the baby unit at the new Le Bonheur Children&am...
MAAR: Home sales down 31.2% in Nov.
Dec 17, 2008 9:57 pm
The Memphis Area Association of Realtors is reporting 737 homes sales for November 2008, down 31.2% from 1,071 sales last November.
Study: Auto industry failure would hit Tennessee hard
Dec 17, 2008 8:39 pm
Tennessee would be one of the hardest hit state’s if the U.S. auto industry were to fail, according to a new study by the Economic Policy Institute.
Cooper Tire's Georgia closure saves Mississippi jobs
Dec 17, 2008 8:35 pm
Cooper Tire & Rubber Co. will close its plant in Albany, Ga., cutting 1,335 jobs there but saving about 1,200 jobs at its plant in Tupelo, Miss. (CTB)
Survey: Employee retention a top worry
Dec 17, 2008 8:21 pm
Holding on to prized employees is a top concern for employers, even in today’s economy, according to a survey developed by Robert Half International.
AAA: Christmas season travel to drop
Dec 17, 2008 8:20 pm
AAA has projected declines for all major travel holidays so far this year, and the organization on Wednesday said the Christmas season isn’t likely to buck the trend.
Memphis' big three cut prime lending rate
Dec 17, 2008 7:29 pm
Regions Financial Corp. cut its commercial prime interest rate in reaction to the Federal Reserve’s decision to slash its key interest rate to an all-time new low. (RF) (STI) (FHN)
Memphis to lose more than 300 jobs
Dec 17, 2008 5:09 pm
Two company closings and a hefty round of layoffs by a Memphis logistics company will cost Memphis another 304 jobs.
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