VOL. 128 | NO. 15 | Wednesday, January 23, 2013
The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

Xtreme Xperience brings interactive auto show to Memphis
Next month, a siren song in the form of a 420-plus horsepower engine roar will beckon all manner of car enthusiasts, speed demons and adrenaline junkies to Memphis International Raceway in Millington.
Delta Air Lines Inc. on Tuesday, Jan. 22, reported a profitable quarter despite taking a substantial hit from Superstorm Sandy in October.
Countywide school board members moved closer Tuesday, Jan. 22, to a calendar for the first year of the merger of Shelby County’s two public school system.
A referendum on a half percent city sales tax hike to fund a city pre kindergarten expansion and roll back the city property tax rate by 20 cents would happen in August or September instead of May.
The employee benefits attorneys at Bass, Berry & Sims PLC hope their new free Affordable Care Act webinar series will educate employers and employees about the upcoming health care reform.
The Metropolitan Memphis Hotel & Lodging Association recently elected its slate of officers to serve in 2013, and the group now ramps up for a busy year, including the 14th annual MMHLA Lodging Industry Update on Feb. 22 at the Hilton Memphis.
The bill to come in the Tennessee Legislature that permits school vouchers will be built around the more than $9,000 in state funding per school child, in the case of Memphis, and the ability of parents to use it to move their child to a private school.
MEMPHIS NEWSMAKERS
Nancy Imre has joined Makowsky Ringel Greenberg LLC as assistant controller. Imre is responsible for the real estate management company’s accounting department, overseeing investor reporting and preparation of corporate financial statements.
LOCAL COLUMNISTS
Despite their considerable marketing budgets and extensive teams, some of the world’s most well-known brands made significant marketing missteps in 2012. Learn from these epic fails to protect your brand.
When you break it down to the simplest definition, a brand can be defined by how others see your product, service, and organization. Branding is a sum of perceptions. How well your organization manages the perceptions defines the brand.
STATEWIDE
NASHVILLE (AP) – The state is opening self-service kiosks that will allow drivers to renew or replace their driver licenses and state identification cards that will hopefully reduce lines and wait times.
NATIONAL BUSINESS
DAVOS, Switzerland (AP) – The snow has fallen and the hotels are ready, but the CEOs gathering in Davos for the World Economic Forum are facing strong worries about public mistrust, disappearing jobs and a shaky global recovery.
BENTONVILLE, Ark. (AP) – Wal-Mart Stores Inc. has alerted its global suppliers that it will immediately drop them if they subcontract their work to factories that haven't been authorized by the discounter.
NATIONAL GOVERNMENT
WASHINGTON (AP) – The Supreme Court won't hear a challenge to a tough new clean air requirement limiting sulfur dioxide emissions.
TECHNOLOGY
NEW YORK (AP) – Microsoft has joined the negotiations to buy struggling computer maker Dell, according to media reports.