Business news

Bass Pro Shops takes over Memphis landmark

Apr 29, 2015

MEMPHIS, Tenn. (AP) — The Memphis landmark known as the Pyramid is coming back to life.

The 32-story building on the Mississippi River has been largely unused for 11 years when it stopped being a regular venue for basketball games and concerts.

But the Pyramid is opening Wednesday as the newest location for Bass Pro Shops.

The repurposed structure will also have a 105-room hotel designed like a hunting lodge, plus a bowling alley, archery range and man-made cypress swamp.

An observatory will offer panoramic views with a bar and restaurant atop the building.

MURFREESBORO, Tenn. (WMOT)  --  General Mills announced Tuesday that it plans to add more than a hundred jobs to its plant in Murfreesboro as part of a multi-million dollar expansion.

The Daily News Journal reports the plant will expand production of Yoplait Yogurt and Toaster Strudel at the facility and may also add new product lines.

The company says it will spend $253 million to complete the expansion and intends to hire an additional 117 workers. Hiring will begin in early May.

In celebration of Goodwill Week May 4-8, the two Goodwill Career Solutions centers in Murfreesboro will host 13 events, including multiple-employer job fairs, a couponing class and a stopover by a mobile career lab.

NASHVILLE, Tenn. (WMOT)  --  Tennessee’s unemployment rate dropped sharply in March to 6.3 percent, according to a new report from the State Department of Labor and Workforce Development.

The jobless rate fell three-tenths of one percent from the adjusted February reading of 6.6 percent. The national unemployment rate remained unchanged at 5.5 percent.

Tennessee’s jobless rate has remained essentially unchanged for the past year, hovering around 6.5 percent. During the same period, the national rate fell more than one full percentage point.

MURFREESBORO, Tenn. (WMOT)  -- Just in time for tax day the personal finance website is out with a report on how well your tax dollars are being spent.

Wallethub looked at dozens of factors to determine which states provide tax payers with the most public sector bang for the buck.

Tennessee scored surprisingly high, checking in at sixth on the list of the states providing taxpayers with the best return on their investment.