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VOL. 128 | NO. 223 | Thursday, November 14, 2013

ServiceMaster to Spin Off Struggling TruGreen

The ServiceMaster Co. plans to spin off its TruGreen lawn care business at the end of 2013 after several years in which the Memphis-based collection of residential- and commercial-services companies has struggled with the right business model for the TruGreen brand.

Humane Aid

Mobile unit would put dent in homeless animal numbers

The Humane Society of Memphis & Shelby County wants to take its spay and neutering services to the streets, but the nonprofit organization needs the help of local businesses to get the initiative rolling.

Olymbec Acquires Bellbrook Industrial Park

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

Shelby County Homebuilding Slows in October

Shelby County homebuilding activity cooled in October, with builders filing fewer permits and selling fewer new homes compared to October 2012.

Airline Merger Could Bring Changes to Memphis Airport

Delta Air Lines considers itself a “low-cost carrier” that should be able to apply for the slots and gates US Airways Group Inc. and American Airlines are giving up as part of their merger settlement agreement with the U.S. Justice Department.

Local Weather
Today
Memphis, TN
67°F
Mostly Cloudy
Wind: 7 mph
Humidity: 59%

EVENTS

Poplar Pike Playhouse will present Neil Simon’s “Fools” Thursday, Nov. 14, through Nov. 23 at the theater, 7653 Old Poplar Pike. Buy tickets at ppp.org.

more events »

Chamber Official: Transportation ‘Huge Part’ of Local Economy

The Traffic Club of Memphis hosted its monthly luncheon on Tuesday at The Racquet Club of Memphis, welcoming Andre B. Dean, the Greater Memphis Chamber’s vice president of public policy and community affairs, as the guest speaker. The club also held its annual board member elections, with incoming President Carey Treadwell of Dynamex Inc. taking the helm for the next year.

Millington School Board Meets Public

A group of 100 citizens in Millington Tuesday, Nov. 12, had a lot of questions and angst about the coming of a Millington municipal school system.

Bleu Hosts Launch Party Nov. 18 for New Timberlake Drink Brands

Concertgoers who attend Justin Timberlake’s Memphis show Nov. 18 can also take part in the launch of Timberlake’s new drink brands that day.

Law School Draws Honors, High-Profile Speakers

From a slew of high-profile guests who’ve come to speak over the past year, to a string of recent awards, to a U.S. Supreme Court justice’s visit next month, it could be argued the University of Memphis Cecil C. Humphreys School of Law is having a moment.

Oxford Mayor Talks Traffic Gridlock

The mayor of Oxford, Miss., says University of Mississippi football fans should prepare for end-of-game gridlock similar to what happened after the Texas A&M game when the school plays Missouri on Nov. 23 in Oxford.

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.

MEMPHIS LAW TALK

Kelly Garners Accolade for Pro Bono Work

To wrap up October as Pro Bono Month, Pamela Williams Kelly of the Law Offices of Pamela Kelly was presented with the Celebrate Pro Bono Award from the Memphis Bar Association Access to Justice Committee and the Memphis Area Legal Services Pro Bono Project.

LOCAL COLUMNISTS

Go Homemade This Christmas

Ray’s Take Black Friday may be getting close, when the rush of holiday shopping begins in earnest, but I’m already seeing decorations up. You could do yourself, your wallet and your loved ones a big favor by skipping all the crowds, hassles and budget-busting store temptations by dedicating this season to a homemade Christmas.

Haiku With Cartoon Twist

HOT SPRINGS, ARK. – “Old Pond” cartoonist / big hit at haiku Hot Springs: / Jessica Tremblay.

Reverse Engineer for Patent Proof

A patent is a property right over an invention, designed to prevent others from gaining free access to technology they did not develop. Owning a patent deters infringement but sometimes requires monitoring the marketplace to enforce its patent.

MEMPHIS AREA

Memphis Company Wins Innovation Challenge

NASHVILLE (AP) – A Memphis-based company that has developed vaccination pellets to try to prevent the spread of Lyme disease has won the $1 million Global Food and Health Innovation Challenge prize.

NATIONAL BUSINESS

With Vacationers Home, Airlines Boost On-Time Mark

Airlines are doing a better job of staying on schedule now that fewer people are flying.

NATIONAL GOVERNMENT

Spending Cuts, Shutdown Lower US Budget Deficit

WASHINGTON (AP) – The U.S. government started the first month of the 2014 budget year with a smaller budget deficit, signaling further improvement in the nation's finances at a time when lawmakers are wrestling to reach a deal to keep the government open past January.

Yellen Calls Economy and Job Market Still Subpar

WASHINGTON (AP) – Janet Yellen says the economy has regained ground lost to the deepest recession since the 1930s. But she says unemployment remains too high at 7.3 percent and the Fed is trying to accelerate the recovery.

Negotiators Report Little Progress in Budget Talks

WASHINGTON (AP) – House and Senate budget negotiators say they're not close to an agreement but plan to keep at it.

REAL ESTATE

CBRE to Acquire Norland for $400 Million

LOS ANGELES (AP) – Real estate investment firm CBRE Group Inc. said Tuesday that it plans to acquire British commercial building engineering firm Norland Managed Services Ltd. in a mostly cash deal worth up to 300 million pounds ($480 million).

TECHNOLOGY

Samsung Says it Owes Apple $52 Million

SAN JOSE, Calif. (AP) – How much does Samsung Electronics owe Apple for copying vital features of the iPhone and iPad, such as scrolling and the "bounce-back" function at the end of documents?

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 5,073
MORTGAGES 0 0 6,709
FORECLOSURE NOTICES 0 0 1,556
BUILDING PERMITS 0 0 11,979
BANKRUPTCIES 0 0 5,300
BUSINESS LICENSES 0 0 2,061
UTILITY CONNECTIONS 0 0 7,058
MARRIAGE LICENSES 0 0 1,458

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