published Wednesday, June 26th, 2013

Business briefs: Chattanooga's EPB building LEED certified

The EPB Building is located at the corner of Market Street and MLK Blvd.
The EPB Building is located at the corner of Market Street and MLK Blvd.
Photo by John Rawlston /Chattanooga Times Free Press.

The EPB headquarters building was recognized Tuesday as one of Chattanooga's first existing buildings to be awarded LEED Certification by the U.S. Green Building Council.

The 8-year-old building at Market Street and M.L. King Boulevard has helped the city utility cut electricity consumption by 5.7 megawatthours and save 336,374 gallons of water.

EPB President Harold DePriest said the LEED recogniton "demonstrates how people can work together toward a common goal, improving quality of life while creating efficient, sustainable workplaces." The Liberty Tower, another downtown office highrise, also was recently recognized as a LEED certified building.

Carnival profits up, bookings down

Passengers remain hesitant to book cruises, despite deep discounts. But that didn't stop Carnival Corp. from eking out a $41 million second-quarter profit thanks to lower fuel costs and the timing of some administrative expenses.

The Miami-based company also announced Tuesday that Micky Arison, who has been CEO since 1979 and is the son of Carnival co-founder Ted Arison, is being replaced by Arnold W. Donald, who has been on the company's board for the past 12 years. Arison will continue as chairman.

Outsted founder wanted control

Men's Wearhouse said Tuesday that founder George Zimmer had difficulty "accepting the fact that Men's Wearhouse is a public company with an independent board of directors" and he wanted too much control. The clothing store chain fired Zimmer last week, two years after he stepped down as CEO.

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