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Post Holdings postpones results following Ralcorp?s delay<img src='http://assets.bizjournals.com/stlouis/blog/Stiritz,-William2*100.jpg?v=1'>Post Holdings Inc., which was spun off in February from Ralcorp Holdings, said late Wednesday that it has delayed the release of its earnings for the second fiscal quarter of 2012.
The delay follows Ralcorp's announcement Tuesday that it has delayed the release date for its fiscal second-quarter earnings for the second time this month, citing its ongoing investigation into accounting errors found in earlier results.
St. Louis-based Ralcorp (NYSE: RAH) delayed announcing its results for the fiscal...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=czcVdJMoav8:YrI07oxZiZo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=czcVdJMoav8:YrI07oxZiZo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=czcVdJMoav8:YrI07oxZiZo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=czcVdJMoav8:YrI07oxZiZo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=czcVdJMoav8:YrI07oxZiZo:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=czcVdJMoav8:YrI07oxZiZo:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Urban League President James Buford to retire next year<img src='http://assets.bizjournals.com/stlouis/blog/buford_james_2011*100.jpg?v=1'>James Buford, who has been president and CEO of the Urban League of Metropolitan St. Louis for 27 years, will retire in the middle of 2013, he said today at a meeting of the league?s board of directors.
Board Chair Debra Denham will appoint a search committee to seek local and national candidates to fill Buford?s position.
Under his leadership, the St. Louis affiliate of the National Urban League has grown in scope, services and community influence, and he is widely recognized as an effective...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=O1S-xH8Q1Q0:cG1n2GzPBdA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=O1S-xH8Q1Q0:cG1n2GzPBdA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=O1S-xH8Q1Q0:cG1n2GzPBdA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=O1S-xH8Q1Q0:cG1n2GzPBdA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=O1S-xH8Q1Q0:cG1n2GzPBdA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=O1S-xH8Q1Q0:cG1n2GzPBdA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>St. Louis adds 2,900 jobs during past year<img src='http://assets.bizjournals.com/stlouis/news/SaintLouisArchGatewayWeb*100.jpg?v=1'>The St. Louis metropolitan area added 2,900 nonfarm jobs from March 2011 to March 2012, an increase of 0.23 percent.
The St. Louis area employed 1.3 million people as of March this year. The metro area's small percentage growth in the past year ranks it 85th of the 100 largest metro areas, according to an On Numbers analysis of the latest figures from the U.S. Bureau of Labor Statistics.
All but 14 of the nation?s biggest metro areas added jobs during the past 12 months.
Percentage-wise, Stockton,...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SRiKoTMQltM:u_86uPeGt4Y:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SRiKoTMQltM:u_86uPeGt4Y:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=SRiKoTMQltM:u_86uPeGt4Y:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SRiKoTMQltM:u_86uPeGt4Y:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=SRiKoTMQltM:u_86uPeGt4Y:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SRiKoTMQltM:u_86uPeGt4Y:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Scott Credit Union pledges $100,000 for new St. Joseph?s Hospital<img src='http://assets.bizjournals.com/stlouis/news/ScottCreditUnion_Promo*100.jpg?v=1'>Scott Credit Union has pledged $100,000 over the next five years to support the new St. Joseph?s Hospital being built on Route 160 at Troxler Avenue in Highland, Ill.
The new building is about a mile north of the current 64-year-old hospital it will replace.
Construction recently began on the new 91,000-square-foot facility, which is scheduled to be complete in the summer of 2013. The $60 million medical campus will include a 25-bed critical access hospital and medical office buildings.
St....<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=R45s2Nq0bM4:FyVlBfjc_ok:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=R45s2Nq0bM4:FyVlBfjc_ok:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=R45s2Nq0bM4:FyVlBfjc_ok:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=R45s2Nq0bM4:FyVlBfjc_ok:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=R45s2Nq0bM4:FyVlBfjc_ok:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=R45s2Nq0bM4:FyVlBfjc_ok:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Nominate your rising star for 30 Under 30 awardsWith just over 24 hours remaining in the nomination process, more than 110 individuals are vying for a spot on this year?s 30 Under 30 awards list. The nomination period will close at midnight tomorrow (Friday, May 18), so this truly is your last chance to recognize an up-and-coming star in your industry.
Our pool of nominations includes individuals from all parts of the St. Louis metro area who work in a variety of industries. From nonprofits to government agencies and health care to financial...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=4SoE7nAcQGc:2RGl6pKktHI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=4SoE7nAcQGc:2RGl6pKktHI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=4SoE7nAcQGc:2RGl6pKktHI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=4SoE7nAcQGc:2RGl6pKktHI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=4SoE7nAcQGc:2RGl6pKktHI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=4SoE7nAcQGc:2RGl6pKktHI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Concord Bank CEO Tony Feraro dies at 64<img src='http://assets.bizjournals.com/stlouis/print-edition/2010/11/19/Feraro,-tony_web*100.jpg?v=1'>Tony Feraro, 64, the president and CEO of Concord Bank, died Wednesday afternoon, KSDK reports, citing an announcement Wednesday by the bank's chairman, Earl Gates.
Feraro joined the bank as president and chief executive in November 2008. He previously had worked as chief executive of Silvergate Bank in La Jolla, Calif., since 2006. Previously he had been a bank consultant and had served as chief executive of Unity Bank Corp. in Clinton, N.J. Feraro had worked in St. Louis from 1984 to 1995 as president...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=LBRj_iBXEq0:KPC-NpGyCfk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=LBRj_iBXEq0:KPC-NpGyCfk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=LBRj_iBXEq0:KPC-NpGyCfk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=LBRj_iBXEq0:KPC-NpGyCfk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=LBRj_iBXEq0:KPC-NpGyCfk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=LBRj_iBXEq0:KPC-NpGyCfk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Alton Telegraph to be sold to Versa Capital ManagementOfficials from Irvine, Calif.-based Freedom Communications Inc. said today that they reached an agreement to sell the Telegraph in Alton and three other newspapers to an affiliate of Versa Capital Management LLC.
The financial terms of the deal were not disclosed. The sale is expected to close within the next 30 days, and all employees will transition to the new company, Freedom Communications said.
Philadelphia-based Versa Capital Management, led by CEO Gregory Segall, is a private equity investment...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ShSR3Nk15gI:yLNN7Q9xYyk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ShSR3Nk15gI:yLNN7Q9xYyk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=ShSR3Nk15gI:yLNN7Q9xYyk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ShSR3Nk15gI:yLNN7Q9xYyk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=ShSR3Nk15gI:yLNN7Q9xYyk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ShSR3Nk15gI:yLNN7Q9xYyk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Enterprise Holdings acquires Mint Cars On-Demand<img src='http://assets.bizjournals.com/baltimore/blog/Enterprise-Rent-a-car*100.jpg?v=1'>Enterprise Holdings has acquired New York City-based Mint Cars On-Demand, a car-sharing company serving more than 8,000 members in New York City and Boston. Financial terms of the transaction, which closed today, were not disclosed.
Mint will operate under its current brand name for the short-term before being incorporated into the local Enterprise car-rental fleets in the New York City and Boston regions. From there, it will operate as a natural extension of the Enterprise home-city business model,...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=N7lIPO2o5dI:S-sPrgyEauQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=N7lIPO2o5dI:S-sPrgyEauQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=N7lIPO2o5dI:S-sPrgyEauQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=N7lIPO2o5dI:S-sPrgyEauQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=N7lIPO2o5dI:S-sPrgyEauQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=N7lIPO2o5dI:S-sPrgyEauQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Stillman's Blues group raised $72 million to buy team<img src='http://assets.bizjournals.com/stlouis/Stillman_Tom_Web*100.jpg?v=1'>Tom Stillman?s ownership group of the St. Louis Blues raised $72 million in an equity offering to buy the team, with each investor putting in at least $1 million, according to a document filed with the Securities and Exchange Commission.
The SEC Form D document, required for such fundraising, does not specify how much each investor kicked in.
The name of the corporate entity was SLB Acquisition Holdings LLC and is registered to the same address as Stillman?s Summit Distributing beer distribution...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=HNz__JkZAxE:o3T4UuqIwP4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=HNz__JkZAxE:o3T4UuqIwP4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=HNz__JkZAxE:o3T4UuqIwP4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=HNz__JkZAxE:o3T4UuqIwP4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=HNz__JkZAxE:o3T4UuqIwP4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=HNz__JkZAxE:o3T4UuqIwP4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>MEMC CFO Murphy resigns, Wuebbels named successor MEMC Electronic Materials Inc. said Wednesday that its chief financial officer, Mark Murphy, resigned effective immediately to return to Praxair Inc. , and that Brian Wuebbels has been named executive vice president and CFO to succeed Murphy, the St. Louis Business Journal reports. Murphy, who is leaving to become president of Praxair Surface Technologies, will work with MEMC in a consulting role to assist in the transition.<div class="feedflare">
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Business CNBC News Is Free You need to have the latest in firm news at your fingertips all the time, so you can move fast to leverage any doable advantage you might have in the forum.. If you're a local enterprise owner, Read more...
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Effective Promotion Through Email Marketing Email marketing is widely used by companies because it is less expensive and promotes products easily whether it’s your sponsor's products and services or your own. It is considered powerful and Read more...
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Business New Haven, Your Competition is Telling Their Story Online! On its own, indeed, big business news is only one small piece of a substantial strategic planning puzzle. Round the clock news coverage of your mercantile business will send you prospects 24 Read more...
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RDU adopts air service incentives policy <img src='http://assets.bizjournals.com/triangle/images/Michael%20Landguth%20-%20RDU2*100.jpg?v=2'>Raleigh-Durham International Airport will offer marketing support and waive landing fees for airlines that launch new routes ? an incentives policy that could be worth hundreds of thousands of dollars to airlines.
The airport now pledges $250,000 in advertising spending in support for new domestic flights and $500,000 in advertising for new international flights. The policy, formally adopted by the airport?s governing board on Thursday, also waives landing fees.
The specific markets named in...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_triangle?a=v6MLNsmDUQA:cw0Jlm039sk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_triangle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_triangle?a=v6MLNsmDUQA:cw0Jlm039sk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_triangle?i=v6MLNsmDUQA:cw0Jlm039sk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_triangle?a=v6MLNsmDUQA:cw0Jlm039sk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_triangle?i=v6MLNsmDUQA:cw0Jlm039sk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_triangle?a=v6MLNsmDUQA:cw0Jlm039sk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_triangle?d=qj6IDK7rITs" border="0"></img></a>
</div> Duke University CIO gets big bonus <img src='http://assets.bizjournals.com/triangle/duke%20chapel-sw*100.jpg?v=1'>Duke University doesn?t just give big bonuses to its basketball coaches. Investment officers who increase the university?s portfolio are also rewarded.
Neal Triplett, Duke?s chief investment officer, received a $1.2 million bonus in 2010, nearly the amount of his total compensation in 2009. When added to his base salary and other compensation, Duke paid Triplett $2.3 million in 2010, the most recent year for which compensation data is available.
It?s no surprise that Duke?s investment...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_triangle?a=C0UntPTjscM:EVuF6OH5hbE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_triangle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_triangle?a=C0UntPTjscM:EVuF6OH5hbE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_triangle?i=C0UntPTjscM:EVuF6OH5hbE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_triangle?a=C0UntPTjscM:EVuF6OH5hbE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_triangle?i=C0UntPTjscM:EVuF6OH5hbE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_triangle?a=C0UntPTjscM:EVuF6OH5hbE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_triangle?d=qj6IDK7rITs" border="0"></img></a>
</div> Corporate Services Inc. to pay $30,000 in penalties <img src='http://assets.bizjournals.com/sanfrancisco/blog/dollar-signs*100.jpg?v=3'>North Carolina officials say a California company that allegedly duped 700 North Carolina businesses out of $90,000 has again agreed to comply with a restraining order and return their checks, along with $30,000 in penalties.
The company, Corporate Services Inc., mailed phony letters to the 700 businesses, passing itself off as a government agency and telling each business to pay a $125 fine for failing to comply with state requirements for keeping minutes of corporate meetings, the offices of North...<div class="feedflare">
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</div> Some insight into athletes? graduation rates <img src='http://assets.bizjournals.com/houston/news/baseball*100.jpg?v=1'>Baseball players in the Atlantic Coast Conference graduated at a rate 32 percentage points lower than the general male student population, according to a study released Wednesday.
That ranks the ACC 24th out of 30 conferences and fifth out of the 10 major conferences, according to the College Sport Research Institute at The University of North Carolina at Chapel Hill, which analyzes graduation rates of athletes and compares them to the general student body.
By comparison, football players in the...<div class="feedflare">
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</div> Berkshire Hathaway buying Media General papers for $142M <img src='http://assets.bizjournals.com/charlotte/warren%20buffett%201%20315*100.jpg?v=1'>Warren Buffett?s Berkshire Hathaway Inc. is acquiring most of Media General Inc.?s newspapers.
As part of the $142 million cash deal, Berkshire now will have 63 daily and weekly newspapers operating under a new subsidiary called BH Media Group, according to Reuters. Following the acquisition, Media General, the owner of local station NBC 17 WNCN, will mostly be a television company.
Reuters also reports that Berkshire will loan $400 million to Media General and will provide the company with...<div class="feedflare">
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</div> Dice-K, Youkilis help boost Bulls attendance <img src='http://assets.bizjournals.com/triangle/Bulls550*100.jpg?v=1'>When big leaguers come to town, they not only help on the field but at the ticket booth, too.
Already, the Durham Bulls have sold out for Thursday?s game against the Pawtucket Red Sox, the triple-A affiliate for Boston. The 10,000 tickets sold are some 42 percent more than the 7,000 tickets sold for an average Thursday game in May, according to the Bulls? front office.
Helping drive ticket sales are players from the majors who are expected to play on Thursday. Pitcher Daisuke ?Dice-K? Matsuzaka...<div class="feedflare">
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</div> Human Genome Sciences rejects GSK takeover bid <img src='http://assets.bizjournals.com/denver/news/ChemistryTestTubesCar*100.jpg?v=2'>Human Genome Sciences Inc. formally rejected a recent $2.6 billion hostile takeover bid by GlaxoSmithKline on Thursday.
Earlier this month, GlaxoSmithKline (NYSE: GSK) made an unsolicited tender offer to acquire all of HGSI?s outstanding common stock at $13 a share. HGSI officially deemed that offer inadequate Thursday.
In a news release, CEO Thomas Watkins said that HGSI (Nasdaq: HGSI) holds ?great potential? and the current offer undervalued the company. ?The HGS Board of Directors has...<div class="feedflare">
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</div> William Peace University wins $710K grant <img src='http://assets.bizjournals.com/jacksonville/news/drinking%20water%20315*100.jpg?v=1'>Thanks to a $710,000 grant from the state?s Clean Water Management Trust Fund, William Peace University will be able to harvest and conserve more water.
For starters, Peace will install a cistern that will store rainwater that will account for 90 percent of the irrigation water.
Also, the university will install new showerheads and sink aerators as part of its ?going green? initiatives. In addition, the university is receiving rebates for replacing toilets with water-saving models going from...<div class="feedflare">
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</div> Wake Tech hires police chief <img src='http://assets.bizjournals.com/wichita/blog/police%20hat*100.jpg?v=1'>Moving along with its new police department, Wake Technical Community College chose its chief and assistant chief this week.
Michael Allen Penry will serve as chief and Paul Andrew Quinn is the new assistant chief. Both are former Wake County sheriff?s deputies from Garner.
They will be responsible for the college?s five campuses and two training centers, providing a safe and secure learning environment for students, faculty, staff, and visitors, says Wake Tech President Stephen Scott. The...<div class="feedflare">
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</div> Bankruptcy filings rise 4% in Wake County <img src='http://assets.bizjournals.com/triangle/images/Bankruptcy6*100.jpg?v=2'>Wake County saw a small increase in the number of new bankruptcies filed in April.
A total of 211 Wake County businesses and individuals in the county filed new petitions last month in U.S. Bankruptcy Court for the Eastern District of North Carolina, according to a report the court published Wednesday.
That represents an increase of more than 4 percent from April 2011. Numbers in most recent months have been down by small percentages, both in Wake County and in Durham and Orange Counties.
Personal...<div class="feedflare">
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</div>
Panera Bread opening first location in Mississippi <img src='http://assets.bizjournals.com/memphis/print-edition/webPaneraPostle_Rick*100.jpg?v=1'>Panera Bread Co.?s local franchisee is opening the company?s first Mississippi store.
Delta Dough Inc. is opening an Olive Branch location at 7501 Goodman Road on May 23.
In three years, Panera (NASDAQ: PNRA) and Delta Dough have developed six locations in Tennessee and Arkansas.
Delta Dough is led by Rick Postle, who has been with Panera for 17 years including time served as Panera?s corporate president. Postle was the architect of the company?s franchising program, which has helped it...<div class="feedflare">
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</div> Le Bonheur Children?s Hospital awarded LEED certification <img src='http://assets.bizjournals.com/memphis/news/webLeBonheurChildrensHosp*100.jpg?v=1'>Efficiency in sustainable building design and construction has finally been realized at Le Bonheur Children?s Hospital with the announcement of the facility?s LEED Silver certification by the U.S. Green Building Council.
Le Bonheur becomes just the fifth children?s hospital in the country to achieve LEED certification. Additionally, only one other hospital larger than 600,000 square feet has been awarded the certification.
?We?ve always said that sustainability is right for kids and Le...<div class="feedflare">
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</div> Social media enables Memphis Realtors to join D.C. rally <img src='http://assets.bizjournals.com/memphis/blog/socialmadness/virtualrallySS*100.jpg?v=1'>You can usually bank on strength in numbers, but for local Realtors that couldn?t make it to today?s ?Rally to Protect the American Dream? in Washington, D.C., the National Association of Realtors has provided a platform for its membership to join more than 10,000 real estate professionals in virtual solidarity.
The NAR?s Virtual Rally landing page is replete with a real time Twitter feed ? utilizing the hashtag #realtorrally ? as well as a running count of virtual rally attendants...<div class="feedflare">
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</div> FedEx Express adding more electric vehicles to fleet <img src='http://assets.bizjournals.com/kansascity/news/SmithElectricVehiclesFedExStepVan*100.jpg?v=1'>FedEx Express announced that its vehicle fleet is more than 16 percent more fuel efficient, well ahead of the pace needed to reach its goal of making its vehicles 20 percent more efficient by 2020.
?We have achieved 80 percent of our vehicle fuel efficiency goal as of the conclusion of fiscal year 2011, compared to our original baseline set in 2005,? said Mitch Jackson, staff vice president of environmental affairs and sustainability, with FedEx Corp. ?As a result, we are reevaluating our...<div class="feedflare">
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</div> Tennessee unemployment rate lower in April <img src='http://assets.bizjournals.com/twincities/news/Down.Arrow.icon*100.jpg?v=1'>Tennessee's unemployment rate fell slightly in April to 7.8 percent, continuing to inch downward throughout 2012 and reaching its lowest point in three and a half years.
The state's rate was 7.9 percent in March, 8 percent in February and 8.2 percent in January, according to Tennessee Department of Labor & Workforce Development data.
The nation's jobless rate in April was 8.1 percent, keeping Tennessee below the national average for the fourth consecutive month.
But Tennessee Labor Commissioner...<div class="feedflare">
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</div> Top of the List: Memphis Golf Courses <img src='http://assets.bizjournals.com/memphis/news/webTopoGolf1*100.jpg?v=1'>MBJ published its Golf Courses list in the May 11-17 print edition but we're giving web readers a peek at the top five.
The list ranks the courses by their USGA course rating and slope rating.
MBJ director of research Jason Bolton writes that more than half, or 56 percent, of the area's most difficult courses are private clubs, and one club jumped from No. 19 on last year's list into the top five this year. Click here to read more from Bolton on our Memphis Business Blog.
To see the full list...<div class="feedflare">
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</div> Behind the list: Memphis Golf Courses <img src='http://assets.bizjournals.com/memphis/blog/webTopoGolf3*100.jpg?v=1'>If you want to play the most challenging golf courses in the Memphis area, you will need to pay your dues.
Of the 25 most difficult local golf courses based on USGA course rating and slope rating, private clubs account for 56 percent with another 16 percent labeled as semi-private.
After a couple years of local golf courses reporting the same course information, several have undergone renovations or have been rerated. The most notable ? as far as the list goes this year ? is the renovation...<div class="feedflare">
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</div> Memphis foreclosures up 50% in April as national number falls <img src='http://assets.bizjournals.com/denver/THINKSTOCKForeclosureForecloseCar315*100.jpg?v=1'>The national picture for foreclosures in April showed that the West fared the best ? 11 of the nation?s 20 largest metropolitan ares posted increases in foreclosure activity, all of which were located along the East Coast or in Southern or Midwestern states.
And while national data from real estate data provider RealtyTrac demonstrated the amount of foreclosure filings ? default notices, scheduled auctions and bank repossessions ? was the lowest monthly total since 2007, foreclosure activity...<div class="feedflare">
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</div> Feds close investigation into Medtronic?s Infuse product, find no wrongdoing <img src='http://assets.bizjournals.com/twincities/Medtronic%20Logo*100.jpg?v=1'>The U.S. Department of Justice and the Office of the U.S. Attorney for the District of Massachusetts have reportedly closed their investigation of Medtronic Inc. and its Infuse Bone Graft product, failing to find any wrongdoing on the company?s part. The Department of Justice began the investigation in October 2008.
Designed in and is distributed out of Memphis, Infuse is a genetically engineered bone protein that stimulates bone growth. It is primarily used in spinal and oral procedures, but...<div class="feedflare">
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</div> Memphis Airport Authority approves $1 million in incentives for new service <img src='http://assets.bizjournals.com/memphis/news/WebNewsCarMemphisAirportSign*100.jpg?v=1'>The Memphis-Shelby County Airport Authority approved an air service development program with financial incentives and fee savings to airlines in order to add new direct service to and from Memphis International Airport.
The authority is hoping this will lure more airline competition to Memphis and lead to more flights and lower fares.
It authorized up to $1 million in incentives for the first year of the air service development program, which is available to commercial airlines with an airport...<div class="feedflare">
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