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VOL. 128 | NO. 222 | Wednesday, November 13, 2013

Shelby County Home Sales Decline in October

Shelby County home sales slowed slightly in October, with Realtors selling fewer homes compared to the same month last year, according to real estate information company Chandler Reports.

Builders Showcase

Early crowds strong for Vesta Home Show

The Vesta Home Show kicked off over the weekend, with large crowds turning out to explore six new homes in a gated Germantown community.

Gates to Share Creative Vision at Crosstown

Internationally acclaimed installation and social practice artist Theaster Gates will be in Memphis this week to share some of the beliefs and perspectives that fuel his creative vision.

Rudy Gay Makes Memphis Return

The Toronto Raptors had just finished practice on the main court at FedExForum. Rudy Gay, long-time Grizzly and current Raptor (for now), sat in a folding chair courtside with a bag of ice on each knee. It was Tuesday afternoon, and less than 24 hours after a two-overtime loss at Houston in which Gay had played 49 minutes, put up 37 shots (making 11) and scored 29 points with 10 rebounds.

The Mighty Olive Opens at Laurelwood

A new food and grocery business opening in the Laurelwood Collection this week will seek to draw in foodies and health-conscious shoppers with a distinctive product focus.

Local Weather
Today
Memphis, TN
75°F
Fair
Wind: 0 mph
Humidity: 73%

EVENTS

Sales and Marketing Society of the Mid-South will meet Wednesday, Nov. 13, from 11:30 a.m. to 1 p.m. at The Racquet Club of Memphis, 5111 Sanderlin Ave. Rebecca Janes of FedEx’s global brand management will present “The Power of the FedEx Brand: Packaging … It’s not just a touch point, it’s an experience.” Cost at the door is $30. Visit sms-midsouth.org.

more events »

Rhodes Lecture Gives Insight Into ‘Genius’

You don’t have to be a genius to appreciate Wednesday night’s lecture by author and historian Darrin McMahon at Rhodes College.

Weirich Opens Re-Election Campaign

There were lots of judges on hand as Shelby County District Attorney General Amy Weirich opened her re-election campaign Sunday, Nov. 10.

Old Schools Questions Resurface in Germantown

The questions are ones Germantown leaders faced from the outset as they began weighing their options after the March 2011 Memphis referendum vote approving a merger of Shelby County’s two public school systems.

Agape Helps Families Out of Homelessness

Agape Child & Family Services continues to grow its Families In Transition program, which provides housing to homeless women who have children or are pregnant.

Cohen Nixes ‘Obamacare’ Reference

U.S. Rep. Steve Cohen says calling the Affordable Care Act “Obamacare” is a “trap.”

MEMPHIS NEWSMAKERS

Sesley-Baymon Named CEO of Memphis Urban League

Tonja Sesley-Baymon has been appointed president and CEO of the Memphis Urban League by its board of directors. Sesley-Baymon, who has worked with the league for eight years, previously served as programs director for the 70-year-old organization. In her new role, she will provide executive leadership to the league and advocate on behalf of social justice and economic issues affecting Memphis.

LOCAL COLUMNISTS

Five Ways to Tick Off Google

Google holds the title of world’s most powerful search engine with comScore reporting an estimated 13 billion searches in July of this year compared to the next largest competitor, Bing, with 3.5 million. It’s no wonder why businesses of all sizes are allocating significant financial and labor resources toward improving their Google search rankings, a practice called search engine optimization, or SEO.

Keep Your Eye on the Ball

Markets bounced around a bit last week due to the continued volley between economic/earnings expectations and interest rate expectations. As a market observer, you must fully grasp this dynamic to translate daily volatility.

MEMPHIS AREA

Activist Investor Loeb Says He has Stake in FedEx

FedEx Corp. shares edged up Tuesday after activist investor Daniel Loeb said that he has taken a stake in the shipping company and met with its leadership.

STATEWIDE

Agreement Keeps Merged Airline at 5 Tennessee Airports

NASHVILLE (AP) – Tennessee's top five airports will continue to be served by a merged US Airways and American Airlines for the next five years under an agreement with the state.

NATIONAL BUSINESS

Government Reaches Agreement to Allow Airline Merger

WASHINGTON (AP) – The Justice Department says it has reached an agreement to allow American Airlines and US Airways to merge, creating the world's biggest airline.

How American-US Airways Deal Impacts Competitors

NEW YORK (AP) – The Department of Justice announced Tuesday that it would let the merger of American Airlines and US Airways proceed after the two carriers agreed to give up landing and takeoff slots and gates at key airports, notably Washington's Reagan National and New York's LaGuardia. With the agreement, the government hopes to increase access to the nation's busiest airports for low-cost airlines and to maintain flights to smaller cities.

Wal-Mart Steps Up Competition for Holiday Shopping

Wal-Mart Stores Inc. said Tuesday that it will start offering its holiday deals at 6 p.m. on Thanksgiving at its stores – two hours earlier than last year.

NATIONAL GOVERNMENT

High Court Considers Whistle-Blower Protections

WASHINGTON (AP) – The Supreme Court looked back Tuesday at the collapse of energy giant Enron to determine who is protected from retaliation after blowing the whistle on a company's misdeeds.

Obama Praises CFTC Nominee for Humility, Results

WASHINGTON (AP) – President Barack Obama is praising his choice to run the Commodity Futures Trading Commission as someone who doesn't seek the spotlight but consistently delivers good results.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 67 156 11,921
MORTGAGES 77 227 15,577
FORECLOSURE NOTICES 15 57 3,080
BUILDING PERMITS 222 606 28,832
BANKRUPTCIES 82 210 11,517
BUSINESS LICENSES 23 73 4,228
UTILITY CONNECTIONS 87 339 17,522
MARRIAGE LICENSES 18 61 3,625

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