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VOL. 128 | NO. 178 | Thursday, September 12, 2013

International Paper to Lay Off 1,100 in Alabama Mill Closure

International Paper Co. will close its paper mill in Courtland, Ala., in several stages through the first three months of 2014.

Taste of Australia

Wine Market owner heads Down Under for symposium

When asked where good wine is made, even the teetotaler will come up with an answer of France, Italy or California.

Spotlight on SEC Entering Week 3

Whether the rest of the country wants to admit it or not, the SEC has survived early and notable non-conference losses. In fact, the league is front and center for Week 3 of the college football season.

First Horizon Copes With Customers’ Evolving Needs

First Tennessee Bank will celebrate its 150th birthday in March. Leading up to that milestone, the way the venerable institution’s customers are engaging with its products and services is in the midst of a radical transformation – something that’s been the case for the last few years but the pace of which now is accelerating, the chief executive of the bank’s parent company told analysts this week.

MED Burn Center Expansion Nearly Complete

The first phase of The Regional Medical Center at Memphis’ expansion plan is nearing completion, with the Firefighters Regional Burn Center set to double in size by the end of the year. The expansion will allow the hospital to better meet the demands of an increasing patient load.

Local Weather
Today
Memphis, TN
78°F
Partly Cloudy
Wind: 0 mph
Humidity: 56%

EVENTS

The Memphis chapter of the American Payroll Association will meet Thursday, Sept. 12, at 11:30 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Fred Bell, director of appeals for the Tennessee Department of Labor and Workforce Development, will present “How to Win an Unemployment Appeal.” Cost is $20 for members and $30 for nonmembers. Visit memphisapa.org.

more events »

Districts for Low-Performing Schools Make Picks

After one school year watching each other, leaders of the state-run Achievement School District and the countywide school system’s set of Innovation Zone schools got together this summer to compare notes and figure out which low-achieving schools each would take for the 2014-2015 school year.

Pared-Down School Board Begins to Set Goals

Countywide school board members began the process Tuesday, Sept. 3, of setting goals and a vision for the one year they will operate as a seven-member body.

MEMPHIS LAW TALK

Kirby Finds Home With Harris Shelton

When he was in the second grade, Matthew Kirby’s mother was told he needed to either be a lawyer or a preacher.

LOCAL COLUMNISTS

De-Clutter for Cash and Control

Ray’s Take Marketers are very good at persuading you to buy stuff. That’s why so many homes are literally stuffed so full that additional storage facilities have become a booming business. Instead of you controlling your stuff, it controls you.

Who You Calling ‘Hillbilly’?

In a Huffington Post article with the dateline of Venice, Italy, actor Scott Haze says he spent three months living in the Tennessee mountains to prepare for a role in a film. Losing 45 pounds, eating a piece of fish and an apple each day, and sleeping in caves, Haze hardened himself to the role of a deranged killer for “Child of God,” which is about to premiere at the Venice Film Festival.

The Data Have Spoken

Each new month delivers a flurry of economic data. The current deluge will weigh heavily on the Federal Reserve’s decision to maintain or reduce quantitative easing. Let’s quickly review the recent releases and handicap the Fed’s taper temptation.

STATEWIDE

Tennessee Health Official Honored at White House

NASHVILLE (AP) – A Tennessee doctor is being credited by the White House with protecting the public and saving lives by identifying the fungal meningitis outbreak connected to contaminated steroid injections last year.

UAW: Majority at Volkswagen Plant Have Signed Union Cards

NASHVILLE (AP) – A majority of workers at Volkswagen's assembly plant in Tennessee have signed cards favoring the union's representation in creating a German-style works council at the plant, a top United Auto Workers official said.

NATIONAL BUSINESS

Airlines Say US Case Against Big Merger is Flawed

DALLAS (AP) – American Airlines and US Airways say that the government's opposition to their planned merger shows that it doesn't understand the airline industry.

Citi Executive Works to Improve Small-Business Status

NEW YORK (AP) – When small-business owners hear the name Citigroup, they're more likely to think of a bank that caters to big corporate and international clients, not one that will serve their needs.

NATIONAL GOVERNMENT

More Than 350 Economists Back Yellen for Fed Chair

WASHINGTON (AP) – More than 350 economists have a signed a letter to President Barack Obama calling on him to nominate Federal Reserve Vice Chair Janet Yellen to be the Fed's next chairman. The letter is designed to draw attention back to Yellen amid signs that Obama is leaning toward nominating his former economic adviser Larry Summers.

HEALTH CARE

Applying for Health Insurance? Homework Involved

WASHINGTON (AP) – Getting covered through President Barack Obama's health care law might feel like a combination of doing your taxes and making a big purchase that requires research.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 32 344 10,222
MORTGAGES 52 452 13,327
FORECLOSURE NOTICES 0 76 2,614
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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