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VOL. 128 | NO. 226 | Tuesday, November 19, 2013

Elvis’ Intellectual Property Rights Sold

Authentic Brands Group, a New York City intellectual property corporation, has bought Elvis Presley’s intellectual property and the right to operate Graceland from CORE Media Group, becoming the latest of four companies to own a majority share in the intellectual property assets of the late Memphis entertainer.

Early Advantage

Urban Child Institute message spreads in Pink Palace exhibit

Talk, touch, read and play.

Medtronic Revenue Rises; Spine Business Sags

Medtronic Inc. on Tuesday announced increased net income company-wide, while business at its Memphis-based spine division sagged.

Lakeland and Arlington Schools Agreements Near

Agreements on school buildings and school attendance zones for the Arlington and Lakeland school systems go to the Shelby County Schools board for consideration at a Tuesday, Nov. 18, special meeting of the school board.

Council Weighs Sanitation Pension Supplements

Memphis City Council members take a final vote Tuesday, Nov. 19, on a retirement supplement for city sanitation workers that is one part of an overhaul of sanitation services the council delayed action on last month.

Local Weather
Today
Memphis, TN
47°F
Mostly Cloudy
Wind: 6 mph
Humidity: 56%

EVENTS

Memphis Rotary Club will host a debate between Shea Flinn and Kenneth Whalum Jr. Tuesday, Nov. 19, at noon at the University Club of Memphis, 1346 Central Ave. The topic is “Memphis Sales Tax Increase: Yea or Nay?” Cost for nonmembers is $18. RSVP to Taylor Hughes at taylor@memphisrotary.org.

more events »

Holiday Inn Launches Brand Awareness Campaign

Holiday Inn, the iconic hotel chain that launched in Memphis more than 60 years ago and went on to become an international mega-brand, wants customers to change their view.

Elkington, Harris Talk of Beale Street Nonprofit

The next manager and developer of the Beale Street entertainment district should be a nonprofit entity similar to the Downtown Memphis Commission that focuses on improving the district and planning for its expansion, according to longtime Beale Street developer John Elkington and Memphis City Council member Lee Harris.

Overton Square Banner Hints at Music Return

In the place where the marquee for Lafayette’s Music Room in Overton Square was once anchored, a new banner went up last week by Loeb Properties reading “The Music Is Back.”

Early Voting Turnout Tops 7,500

Early voting in the last elections of 2013 in Shelby County ended Saturday, Nov. 16, with more than 7,500 Memphians casting early votes in the citywide referendum on a half percent sales tax hike.

Alzheimer’s Groups Paint Memphis Purple

November is Alzheimer’s Disease Awareness Month, and the Alzheimer’s Association’s local chapter and assisted living facilities such as The Gardens of Germantown Memory Care want to paint the town purple to raise awareness about the deadly, irreversible disease.

Tigers Ready for Season’s First Test

When the No. 11 University of Memphis Tigers had finished crushing Austin Peay in their season-opener, attention immediately turned to their Tuesday, Nov. 19, game in Stillwater against No. 7 Oklahoma State.

GOVERNMENT AGENDA

Nov. 19 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Nov. 19, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Wenco Files Construction Loan for Volvo of Memphis

7910 Trinity Road, Cordova, TN 38018, Loan Amount: $4.2 million -
Wenco Properties LLC has filed a $4.2 million construction loan through Wells Fargo Bank for the Volvo of Memphis dealership it is building at 7910 Trinity Road in Cordova.

LOCAL COLUMNISTS

The Power of Words

We recently had the opportunity to attend a benefit dinner for Facing History and Ourselves as the guests of two long-term supporters. We had a great time. The event was much larger than we had anticipated and we found ourselves in a beautiful room surrounded by people committed to ensuring that students have the opportunity to learn from history and develop the ability to make ethical choices.

NATIONAL GOVERNMENT

Justice Department Official Admonishes Nation's Bankers

WASHINGTON (AP) – Admonishing the nation's bankers, the Justice Department's No. 2 official says too many financial institutions have failed in their duty to ensure that their businesses are run cleanly.

Latest Federal Internet Gambling Bill Proposes Tax

LAS VEGAS (AP) – If Congress makes no progress on a national framework for online gambling this session, it won't be for a lack of legislation.

HEALTH CARE

White House: 1 in 5 Won't Make it Through Website

WASHINGTON (AP) – The White House says 20 percent of Americans won't make it through the website to buy health insurance through new exchanges.

Bulk Mixers of Prescribed Drugs Get More Scrutiny

WASHINGTON (AP) – Congress is taking a half step toward increasing federal oversight of so-called compounding pharmacies that custom mix medications in bulk, a year after a meningitis outbreak from contaminated steroid pain injections killed at least 64 people and sickened hundreds more.

TECHNOLOGY

Google Agrees to Pay $17 Million Settlement

NEW YORK (AP) – Google will pay $17 million to 37 states and the District of Columbia to settle claims it violated consumer privacy by placing unauthorized cookies on computers using certain Apple Safari web browsers in 2011 and 2012.

Court Orders New Review of Apple Injunction

NEW YORK (AP) – A federal appeals court is ordering a lower court to reconsider Apple's attempt to block eight Samsung phones from the U.S. market because the products violate patents held by Apple.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 215 4,981
MORTGAGES 96 322 6,548
FORECLOSURE NOTICES 13 38 1,517
BUILDING PERMITS 223 541 11,800
BANKRUPTCIES 84 203 5,162
BUSINESS LICENSES 19 65 2,001
UTILITY CONNECTIONS 124 351 6,815
MARRIAGE LICENSES 21 65 1,406

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