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VOL. 128 | NO. 183 | Thursday, September 19, 2013

UPS to Double Presence at Airport

The world’s second-busiest cargo airport is about to see another increase in freight capacity, helping bolster a facility that has suffered in recent years from fewer passenger flights.

Endless Opportunities

Grants help women enter booming medical lab science field

Although she didn’t think of it this way at the time, Desiree Evans proved as a little girl that she understood science had value on several levels, including monetary.

FedEx Posts 7 Percent Earnings Increase

Memphis-based FedEx Corp. posted a quarterly profit 7 percent higher than a year ago for its fiscal first quarter, ended Aug. 31.

Luttrell Spells Out Possible County Head Start Exit

Shelby County Mayor Mark Luttrell made it formal Wednesday, Sept. 18, before Shelby County Commissioners.

Memphis Landmarks Garner National Media Praise

The Memphis brand is having a moment.

Local Weather
Today
Memphis, TN
76°F
Cloudy
Wind: 7 mph
Humidity: 87%

EVENTS

The Orpheum Theatre will present “Flashdance” Thursday, Sept. 19, through Wednesday, Sept. 25, at the theater, 203 S. Main St. Visit orpheum-memphis.com for showtimes and tickets.

more events »

FedEx Cares Week Builds Community Support

FedEx Corp. wraps up its ninth annual FedEx cares Week on Friday, as more than 900 local FedEx employees have volunteered in the community for a variety of organizations.

Arlington, Lakeland Voters Go to Polls

The vote count should be quick once the polls close Thursday, Sept. 19, in the Arlington and Lakeland municipal elections.

City Pension Crisis Goes Silent but Still Moving

City Council member Lee Harris said it was the subject at hand Tuesday, Sept. 17, during the day of committee hearings and council session at City Hall.

Beale Street Future Returns to Bankruptcy Court

The future path of Beale Street development is back in federal bankruptcy court after a plan that would both lease Handy Park and pay off a $600,000 loan for park improvements was scrapped Tuesday, Sept. 17, by Memphis Mayor A C Wharton Jr.

Hopson: Schools Should Explore Head Start Takeover

As he secured a contract Tuesday, Sept. 17, that makes him superintendent of Shelby County Schools for the next three school years – possibly four – Dorsey Hopson said the school system is weighing a bid to take over the Head Start program now run by Shelby County government.

MEMPHIS LAW TALK

New York Transplant Campbell Takes Over Health Law Institute

In her new office at The University of Memphis Cecil C. Humphreys School of Law on the bluffs of the Mississippi River, a thousand miles from where she grew up in Ithaca, N.Y., Amy Campbell is getting used to all things Southern.

LOCAL COLUMNISTS

Be Aware of Your Company’s Finances

Ray’s Take In the “good old days,” many individuals felt comfortable with a lifetime employment approach to their careers. Perhaps they might not become wealthy, but they felt their jobs and pensions were secure. They would then blithely go about their tasks without paying attention to what else was going on in their company. The world is very different now, and it is now essential to regularly scan the health of your career, the company you work for and its competitors.

Literally, Figuratively

Circa 1991, one of my golf buddies uttered a sentence using irregardless. Knowing what that meant, I didn’t challenge him. I figured someone else would. I was right, and he was able (at the other person’s expense) to point out that irregardless had been admitted to a certain dictionary the previous week. And thus was now part of his vocabulary.

STATEWIDE

Guide to Provide Assistance to New Investors

NASHVILLE (AP) – The Securities Division with the Tennessee Department of Commerce and Insurance is sharing a new resource for investors.

NATIONAL GOVERNMENT

Surprise From Fed: No Pullback in Bond Purchases

WASHINGTON (AP) – In a surprise, the Federal Reserve has decided against reducing its stimulus for the U.S. economy because its outlook for growth has dimmed in the past three months.

SEC Moves Toward Mandate on CEO-Worker Pay Gap

WASHINGTON (AP) – Public companies would have to show the difference in pay between their CEOs and ordinary employees under a proposal advanced by federal regulators.

Dodge Default, Defund Obamacare, GOP Leaders Say

WASHINGTON (AP) – House Republicans vowed Wednesday to pass legislation that would prevent a partial government shutdown and avoid a historic national default while simultaneously canceling out Obamacare, inaugurating a new round of political brinkmanship as critical deadlines approach.

LinkedIn Asks Court to Let it Disclose FISA Data

WASHINGTON (AP) – LinkedIn has asked a secret court to allow it to disclose the number of national security orders the company has received under the Foreign Intelligence Surveillance Act.

REAL ESTATE

US Builders Boost Single-Family Home Construction

WASHINGTON (AP) – U.S. builders started work in August on the most single-family homes in six months and requested permits to construct even more in future months. The figures suggest housing remains a driver of economic growth despite higher mortgage rates.

HEALTH CARE

Google Launches Health Company Calico

MOUNTAIN VIEW, Calif. (AP) – Google says it has launched a new health company, called Calico, that will focus on aging and related diseases.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 43 12,074
MORTGAGES 0 78 15,834
FORECLOSURE NOTICES 39 39 3,168
BUILDING PERMITS 292 292 29,124
BANKRUPTCIES 3 100 11,771
BUSINESS LICENSES 0 18 4,292
UTILITY CONNECTIONS 0 190 17,922
MARRIAGE LICENSES 0 43 3,711

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