Warehouse RowPetunia's closes at Warehouse Row
Petunia's Silver Jalapeño closed Friday at Warehouse Row after nearly four years of operation.
Mimi Kyle, the owner of Petunia's in the bottom floor of Warehouse Row's South building, wrote in an email to customers that the owners of Warehouse Row, Jamestown Properties, "has asked us to leave. With heavy hearts, we will," she said.
Warehouse Row is undergoing a facility upgrade and revamp and will soon add a new restaurant called Two Ten Jack. Jamestown, which bought the downtown office and retail center in 2006, is adding a variety of upscale stores and office tenants.
Airnet platform helps with GOP wins
Airnet's multi-channel communications platform, smartCommunicator, was used by the Republican National Commiteee in more than a dozen successful state and federal campaign victories. Major GOP wins from those using the Chattanooga-based company included Rick Scott in Florida, Mia Love in Utah, Joni Ernst in Iowa, Shelley Moore Capito in West Virginia, Elise Stefanik in New York, Corey Gardner in Colorado, Tim Scott in South Carolina, David Perdue in Georgia, Thom Tillis in North Carolina and Tom Cotton in Arkansas.
The RNC made extensive use of smartCommunicator to micro-target voters and voter issues derived from survey responses collected by volunteers.
More than 16,700 volunteers used smartCommunicator to collect 6 million survey responses and make almost 30 million personal phone calls on behalf of RNC candidates nationwide. Additionally, 45 million emails were sent via smartCommunicator during the 2014 election cycle.
In addition to the RNC, smartCommunicator is being used in educational fundraising, gamification campaigns, marketing and manufacturing companies.
Berkshire Hathaway profits decline
Warren Buffett's Berkshire Hathaway reported a 9 percent drop in third-quarter profit versus the same period a year ago, when the company had large investment gains.
Berkshire said Friday it earned $4.62 billion, or $2,811 per Class A share. That's down from $5.05 billion, or $3,074 per share, last year.
Revenue grew 10 percent to $51.2 billion.
The company is the parent company of Shaw Industries in Dalton, Ga., and Clayton Homes in Knoxville.
Berkshire wrote down the value of its investment in British retailer Tesco by $678 million. Buffett told CNBC in an interview last month that the Tesco investment was a mistake. Berkshire has begun selling some of the shares.
Last year the company had $1.2 billion in investment gains related to deals made during the financial crisis.
The four analysts surveyed by FactSet expected Berkshire to report earnings per share of $2,560.29.