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VOL. 128 | NO. 15 | Wednesday, January 23, 2013

Former Harrah’s Headquarters Sells for $4.1 Million

The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

Racing Time

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 Posts Hugely Profitable 2012

Delta Air Lines Inc. on Tuesday, Jan. 22, reported a profitable quarter despite taking a substantial hit from Superstorm Sandy in October.

School Board Looks At Aug. 5 Merger Classroom Start

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.

Council Preps for Late Summer Sales Tax Hike Referendum

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.

Local Weather
Today
Memphis, TN
56°F
Fair
Wind: 5 mph
Humidity: 55%

EVENTS

The Rotary Club of Memphis East will meet Wednesday, Jan. 23, at noon at The Racquet Club of Memphis, 5111 Sanderlin Ave. Unified Shelby County School Board Chairman Billy Orgel will speak. Cost is $17. R.S.V.P. to Lee Hughes at lmhughes@bellsouth.net.

more events »

New Webinar Series Dissects Health Care Reform Rules

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.

Memphis Hotel & Lodging Association Elects 2013 Officers

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.

Kelsey Discusses School Vouchers Bill

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

Imre Named Assistant Controller at Makowsky Ringel Greenberg

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

Epic Marketing Failures of 2012

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.

Flex Your Company’s Brand Muscle

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

Drivers Can Renew Tennessee Licenses at Kiosks

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

CEOs Head to Davos More Pessimistic About 2013

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.

Wal-Mart Warns Suppliers on Stricter Measures

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

Supreme Court Won't Hear Challenge to Clean Air Act Rule

WASHINGTON (AP) – The Supreme Court won't hear a challenge to a tough new clean air requirement limiting sulfur dioxide emissions.

TECHNOLOGY

Reports: Microsoft May Invest in Dell Buyout

NEW YORK (AP) – Microsoft has joined the negotiations to buy struggling computer maker Dell, according to media reports.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 52 136 5,209
MORTGAGES 79 182 6,891
FORECLOSURE NOTICES 13 50 1,606
BUILDING PERMITS 328 328 12,307
BANKRUPTCIES 70 175 5,475
BUSINESS LICENSES 30 58 2,119
UTILITY CONNECTIONS 85 182 7,240
MARRIAGE LICENSES 19 43 1,501

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