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VOL. TMN-6 | NO. 27 | Saturday, June 29, 2013
Weekly Issue

Avoiding a Tailspin

Nashville’s loss of airline hub provides blueprint for Memphis

Memphis, Nashville feels your pain.

Editorial: Memphis Must Now File New Flight Plan

In early 2009, The Memphis News published a cover story analyzing the Delta-Northwest merger, which at the time was undergoing FAA authorization after being inked a few months prior. The report included comments from Delta CEO Richard Anderson, Memphis International Airport executives and airline industry analysts, all of whom were bullish, for the most part, on what the deal meant for Memphis.

EMPHASIS The Business of Law

Real Estate Rebound

Memphis property attorneys seeing benefits of resurgent markets

The residential and commercial real estate markets are slowly coming back, and residential and commercial real estate attorneys are seeing increased activity thanks to the surge.

Attorneys Busy With Nuances of US Health Care Reform

Most businesses are well aware of key provisions in the Affordable Care Act, like the mandate for larger employers to provide health care insurance coverage to employees.

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Hancock Helps Employers Avoid Legal Landmines

Jonathan Hancock, partner and shareholder in Baker, Donelson, Bearman, Caldwell & Berkowitz PC’s labor and employment practice group, feels fortunate to have been instructed in employment law by current Memphis Mayor A C Wharton Jr. while attending law school at the University of Mississippi in the mid-1990s.

Landers Flourishing With Own Family-Law Firm

It all started with a request to handle the divorces of a few of the firm’s clients, Suzanne Landers recalled from her office in the Memphis Cotton Exchange building in Downtown Memphis.

THE MEMPHIS NEWS ALMANAC

This week in Memphis history: June 28-July 4

2012: Shelby County Mayor Mark Luttrell was among those reacting to a legal motion by the Shelby County Commission to stop the move by suburban leaders to form their own municipal school districts. Luttrell said he wasn’t surprised by the motion but was “shocked” by the commission’s claim that the suburban school districts would amount to a racial resegregation of public schools in Shelby County.

City Responds to Confederate Parks Lawsuit

MEMPHIS (AP) – The city of Memphis is challenging a lawsuit that alleges officials acted illegally when they renamed three Confederate-themed parks.

Higher Standards

‘Common Core’ occupies area teachers’ summer

For area teachers, the move to the school year ahead began around spring break.

Loeb Enjoying Strong Demand in East Memphis

Pomp & Poise, a new gift store concept specializing in home and garden items, has signed a new lease at Park Place Center.

Property Tax Hike Highlights New City Budget

Memphis City Council members raised the city property tax rate Tuesday, June 26, by 4 cents above the recertified tax rate and put the rest of a turbulent budget season to rest.

Economic Survey Seeks Input From Memphis Businesses

With the second quarter drawing to a close, The Daily News is encouraging members of the Memphis business community to take part in a new feature intended to be a forward-looking measure of business sentiment.

Arrested Development

Complaints spotlight concerns over criminal-background checks

It’s not illegal for businesses to use criminal-background checks when making hiring decisions, but two recent complaints filed by federal regulators highlight the increasing government scrutiny of criminal and credit checks.

Hopson: 300 Employees to Lose Jobs

By Friday, June 28, as many as 300 central office employees of the consolidated school system will be without a job as the schools merger is about to become official with the July 1 start of the new fiscal year.

Report: Delays Possible for Tennessee’s Uninsured

A government watchdog report released last week pointed to delays in setting up consumer assistance programs in states that have opted for federally run health insurance marketplaces, like Tennessee.

Obsidian Gets New Leader in Memphis Office

After working to help grow Obsidian Public Relations’ branch in Dallas since early 2012, Kerri Guyton has returned to Memphis to take over daily management of the PR firm’s local team.

Lasting Impression

Metal Museum celebrates work of apprentices past and present

Matthew Snape was working for a blacksmith in his native United Kingdom when he got the opportunity to do a demonstration at the Metal Museum.

New Campaign Urges Support of Students in Merger

A new campaign launched Monday, June 24, to prepare for the opening of the consolidated school district in August is urging citizens to support students of the new school system.

MAAR Ranks Improving With Housing Market

After the housing bubble popped and the recession roiled the economy, the orientation classes Melanie Blakeney taught to new members of the Memphis Area Association of Realtors kept getting smaller and smaller.

Cohen Expresses Doubts Over NSA Claims

U.S. Rep. Steve Cohen doesn’t remember the National Security Agency and intelligence officials briefing Congress on their gathering of telephone and email records and the tracking of the communications of millions of American citizens. But he has his doubts because he says the agencies involved routinely lie.

Pitching Memphis

New Memphis Institute program sells young adults on city

Staunching a brain drain of college-age creative talent is a task cities around the country are undertaking with varying degrees of enthusiasm.

Survey: Poverty Rising for State’s Kids

More Tennessee families are trying to raise children in the face of poverty and homelessness, according to an annual survey released Monday, June 24, by the Annie E. Casey Foundation.

Congressional Delegation Tours Presidents Island

The International Port of Memphis played host to a handful of influential guests Friday, June 21, just as the city and its partners are seeking a large federal grant to help expand the industrial area.

Medical Supply Program Facing Delays, Scrutiny

Less than a week before an effort to rein in billions of dollars in Medicare spending on home medical equipment is set to kick in, members of Congress and medical supply programs are pushing to delay the plan, saying some of the process has been mishandled and that the process lacks transparency.

High School Addition

Frayser 9th Grade Academy signals key ASD move

Three weeks before the first school year of the Achievement School District ended in May, parents and students at Westside Achievement Middle School began to prepare for the addition of a separate ninth-grade academy at the Frayser school opening this August.

Wright Medical Sells OrthoRecon Unit

Wright Medical Group. Inc. said Wednesday, June 19, it will sell its hip and knee implants business, OrthoRecon, to a unit of Shanghai-based MicroPort Scientific Corp. for $290 million in cash.

RedRover Expands Business, Headcount

RedRover Sales & Marketing has added several new members to its “pack” in recent weeks.

Museum Expands Civil Rights Exhibits

From the hold of a slave ship to a segregated classroom to “freedom song karaoke,” the new elements of the renovated National Civil Rights Museum are taking shape.

SPORTS

Coaching Hire Presents Risk/Reward for Grizz

So the Grizzlies finally made it official and promoted lead assistant Dave Joerger to head coach. This qualified as breaking news about as much as reporting that barbecue has been discovered in Memphis.

Newest Tiger Dixon Answers Reporters’ Questions

Less than a year ago, guard Michael Dixon was a preseason second-team All-American selection by The Sporting News after a junior season at Missouri in which he averaged 13.5 points and 3.3 assists. Off the bench.

MEMPHIS STANDOUT

Ramsey Brings Wealth of Experience to Frayser School

For a new school principal arriving in Memphis, this might seem like at least an interesting time and place to become a school administrator.

MEMPHIS LAW TALK

Tomlinson Finds Home With Employment Law

Courtney Tomlinson has known since the fifth grade that she wanted to be an attorney. Specifically, she had designs on being an environmental lawyer.

MEMPHIS NEWSMAKERS

Christian Brothers Names Doyle Vice President of Student Life

Tim Doyle has joined Christian Brothers University as associate vice president of student life. In the role, Doyle supervises multiple aspects of campus operations – including housing, student government, health services and Greek organizations – working to address non-academic student needs and help students develop into active, engaged alumni.

REAL ESTATE RECAP

Jamesbridge Apartments Sell for $3.6 Million

3689 James Road Memphis, TN 38128 -
A California company has bought the 432-unit Jamesbridge Apartments at 3689 James Road in Raleigh for $3.6 million.

SMALL BUSINESS SPOTLIGHT

Hub Automotive Brings Sense of Flair to Repair

Jennifer and Andrew Brunson opened The Hub Automotive last September in the Cooper-Young District.

LOCAL COLUMNISTS

Local Color

CARROLL CLOAR PAINTED US. Boyle is throwing a birthday party at Brooks for themselves and Carroll Cloar.

Should Kids Work?

Ray’s Take Like it or not, eventually most kids are going to have to enter the workplace, so why not let them learn something about the “real world” while school is still their main focus? After all, learning to balance work and other pursuits is central to a successful life.

Pro Relieved Near Loo, Amateur Pays Out Wazoo

Did you ever wonder if in golf you get a lift from the loo? Or if there’s a penalty for breaking and entering while on the course? Tourneys in May spoke to these issues. Kinda.

Research: Optimists Sell More

Years ago psychologist Martin Seligman discovered a dramatic correlation between a salesperson's optimistic outlook and his ability to close sales. Optimists do indeed sell more than pessimists – 33 percent more. They handle rejection more easily; in fact, rejection increases persistence. Plus, they are more likely to stay motivated on their own and less likely to give up when a sales call doesn’t go well.

Don’t Forget the Fundamentals

All eyes were on Federal Reserve chairman Ben Bernanke last week, as the Federal Open Market Committee held its June meeting, followed by a Bernanke press conference. Let’s first remember how we got here.

Start Small, Think Big

Let’s talk about data: the exciting information hidden within your nonprofit’s donor database. There’s much to be learned by running reports, and many reports to run. The most in-demand: funds raised to date. But what about less popular reports and the secrets they can reveal? What about your “top-tier small donors?”

Some Reasons Why (Not) to Take the Money and Run

The most exhilarating, stressful, satisfying, frustrating, rewarding and anxious event for an entrepreneur is raising capital to fund his business. Statistics show that less than a third of startups actually receive funding. With these odds, why would anyone ever turn down money?

Happiness As Strategy

Today, I finished reading the book “Delivering Happiness: A Path to Profits, Passion and Purpose” by Tony Hsieh. Tony is the CEO of Zappos – and Tony is an experimenter extraordinaire! In a nutshell, he seems to be willing to try pretty much anything in his ongoing quest to develop and nurture a culture of happiness creators at Zappos.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 32 344 10,222
MORTGAGES 52 452 13,327
FORECLOSURE NOTICES 30 106 2,644
BUILDING PERMITS 0 783 24,307
BANKRUPTCIES 60 359 9,892
BUSINESS LICENSES 23 133 3,736
UTILITY CONNECTIONS 76 595 14,558
MARRIAGE LICENSES 23 104 3,167

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The Memphis News: Business, politics, and the public interest.