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VOL. 128 | NO. 21 | Thursday, January 31, 2013

Smith & Nephew Reduces Workforce

Smith & Nephew eliminated nearly 100 jobs in Memphis and Andover, Mass., on Thursday, Jan. 31, as the medical device company cuts expenses in an effort to offset tax hikes included in the Affordable Care Act.

District Attorneys Outline Wish List

The Tennessee District Attorneys General Conference’s legislative agenda for the new session of the Tennessee General Assembly includes a focus on children, sentencing guidelines and the fight against drugs.

Creative Space

Arts orgs, local artist setting up across from Sears Crosstown

By the time Crosstown Arts occupies space in the 1.5 million-square-foot Sears Crosstown building, it will have completed a solid test run of promoting arts-based community and economic development in Midtown.

Six New Seed Hatchery Teams Chosen

Six new teams have been lined up for the 2013 Seed Hatchery cohort.

Hopson Calls for Unity in Schools

Once countywide school board members finished Tuesday, Jan. 29, posing for a picture with outgoing Memphis City Schools superintendent Kriner Cash, the board quickly got back to the emerging details of the coming schools merger.

Local Weather
Today
Memphis, TN
77°F
Cloudy
Wind: 5 mph
Humidity: 62%

EVENTS

Literacy is Key: A Book & Author Affair, a Literacy Mid-South benefit luncheon hosted by the Memphis Alumnae Association of Kappa Kappa Gamma Fraternity, will be held Thursday, Jan. 31, at 11 a.m. at Holiday Inn University of Memphis, 3700 Central Ave. Featured authors are Mary Kay Andrews, Claire Cook and Courtney Miller Santo. Tickets are $45. Visit memphiskkg.org.

more events »

Baptist to Highlight RN to BSN Program

The Baptist College of Health Sciences is gearing up for a series of open houses over the next several months, with the first set for this Saturday and open to all prospective students. The following three open houses on Feb. 7, April 4 and June 6 will be designed specifically for people interested in the college’s RN to BSN (Registered Nurse to Bachelor of Science in Nursing) program, which is tailored for working adults. Students can complete their baccalaureate degree in 12 months.

Loeb: City Should Increase Investment in Urban Core

The relevance of Overton Square is that it’s one of many initiatives the city has in place to make Memphis a better place and a city of choice for the millennial generation.

Despite Wide Legislative Power, Harwell Has Plenty of Work Ahead

Tennessee House Speaker Beth Harwell today sits at the pinnacle of legislative power, overseeing a House Republican majority of better than 2-1.

MEMPHIS LAW TALK

Bailey Finds Ideal Job With Community Legal Center

At the beginning of January, Johnna Bailey began work as immigration attorney for the Community Legal Center, a resource for the working poor.

LOCAL COLUMNISTS

Count On Rising Health Care Costs

Ray’s Take Think you have your retirement plan figured out? Here’s a sobering report: Fidelity Investments recently predicted that a 65-year-old couple that retired in 2012 would pay $240,000 for health care over the remainder of their lives. Those are expenses in addition to costs covered by Medicare under existing legislation, which could change.

‘Judge-Sicle’ Murder Mystery Thrills to the End

How could I not read the latest David Rosenfelt novel, “Airtight?” How could I not?! The author’s very publicist himself sent me an advance reading copy, asking that I do so. That, plus the book starts out with the murder of a judge, and I obviously want that case cracked, right?

STATEWIDE

New Hotline Offers Free Legal Help in Civil Issues

NASHVILLE (AP) – A coalition of Tennessee legal groups is launching a toll-free phone line offering free legal information for civil issues.

STATE GOVERNMENT

Haslam Proposes Capping Online-School Enrollment

NASHVILLE (AP) – Some Democratic lawmakers say they support a proposal by Gov. Bill Haslam that would place stricter enrollment requirements on online public schools established in Tennessee.

Brewers Call for Freezing Tennessee Beer Taxes

NASHVILLE (AP) – The brewing industry wants Tennessee lawmakers to declare last call on the state's ballooning beer taxes.

REGIONAL

Guard Lets Vessels Pass Leaking Mississippi River Barge

JACKSON, Miss. (AP) – The Coast Guard is letting southbound vessels pass through a closed section of the Mississippi River at Vicksburg as it evaluates how traffic would affect efforts to remove and clean up oil from a leaking barge, a Guard officer said Wednesday.

Union Backers Say Nissan Threatens Plant Closure

JACKSON, Miss. (AP) – Pro-union workers said Tuesday that Nissan Motor Co. has threatened to close its Canton assembly plant if workers vote for the United Auto Workers to represent them, though the company denies such threats.

NATIONAL BUSINESS

Time Inc. Cuts 500 People, 6 Percent of Workforce

NEW YORK (AP) Time Inc., the magazine unit of Time Warner Inc., says it is cutting 6 percent of its global staff of 8,000, or about 500 people.

NATIONAL GOVERNMENT

Fed Says Growth Pause Temporary, Keeps Up Stimulus

WASHINGTON (AP) – The Federal Reserve said Wednesday that the U.S. economy "paused" in recent months because of temporary factors and reaffirmed its commitment to try to stimulate growth by keeping borrowing cheap for the foreseeable future.

HEALTH CARE

Medtronic Buys Stake in Chinese Medical Technology Company

MINNEAPOLIS (AP)Medtronic Inc. has acquired a stake in a Chinese maker of surgical instruments for $46.5 million, the latest bid by the world's largest medical device maker to expand in a fast-growing market.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 114 332 10,554
MORTGAGES 119 412 13,739
FORECLOSURE NOTICES 12 80 2,724
BUILDING PERMITS 522 915 25,222
BANKRUPTCIES 80 264 10,156
BUSINESS LICENSES 16 78 3,814
UTILITY CONNECTIONS 92 430 14,987
MARRIAGE LICENSES 15 83 3,250

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