Greater Chattanooga Realtors honor Becky English
Chattanooga Realtor Becky Cope English was recently awarded the George Kangles Community Citizenship Award by the Greater Chattanooga Realtors.
English, an associate with Re.Max Renaissance Realtors, was recognized for her political and public service work on behalf of the Chattanooga Realtors association. The annual award was established in 2011 to remember the efforts of the late George Kangles, a former president of the Chattanooga Association of Realtors.
"I was so excited to see Becky get the Kangles Award," said Kim Bass, the new Greater Chattanooga Realtors president for 2019. "Becky has been extremely active in our community and governmental affairs. She is a true advocate for property rights."
Past recipients of the George Kangles Community Citizenship Award include Ron Tucker (2017), Kathy Tucker (2015), Randy Durham (2013), and Lois Killebrew (2012).
McDonald's fries up 1-hour deal for bacon
McDonald's is getting ready to test the idea that bacon goes with everything.
The fast food giant will offer free bacon slices with everything ordered between 4 p.m. and 5 p.m. local time on Tuesday to celebrate its limited-time offer of bacon on some of its classic menu items.
During bacon hour, McDonalds will give everyone two slices of bacon that they can put on anything.
McDonald's Chef Michael Haracz says there really is no such thing as too much bacon.
Outside of the promotion, the restaurant will offer its Big Mac, Quarter Pounder and french fries with bacon.
Reliant Bank reports higher net income
Reliant Bancorp Inc., the Brentwood, Tennessee-based bank that is expanding in Chattanooga, said its fourth quarter net income more than tripled to $4.1 million, or 36 cents per share.
DeVan Ard, CEO of Reliant Bank, said the record profit in the final three months of 2018 "was driven by storng loan demand, a stable net interest margin, superior asset quality, and solid core deposit growth at our banking centers in Murfreesboro and Chattanooga."
The bank holding company posted revenue of $20.1 million in the period. Its revenue net of interest expense was $15 million, falling short of Street forecasts.
For the year, the company reported profit of $14.1 million, or $1.23 per share. Revenue was reported as $63.5 million.
Reliant Bancorp shares have declined almost 8 percent since the beginning of the year.
Verizon cuts 800 media, advertising jobs
Verizon is cutting about 800 jobs, or 7 percent of its media and advertising employees, as it reorganizes the troubled division.
The wireless company had hoped to create an ad business that could compete with Google and Facebook. It spent roughly $10 billion buying up former Internet pioneers Yahoo and AOL . But Verizon found benefits from integrating those two companies were less than expected. The company slashed the value of its media unit by nearly $5 billion in December.
The new CEO of Verizon's media division, Guru Gowrappan, informed employees of the layoffs in an email Wednesday. He says the division's priorities will now include focusing on mobile and video products and stemming declines with desktop users.