VOL. 126 | NO. 238 | Wednesday, December 7, 2011
Memphis-based auto-parts retailer AutoZone Inc. keeps riding its business model to ever-higher growth, posting an 11 percent jump in its fiscal first-quarter profit and beating Wall Street’s earnings-per-share expectation.

VA hospital improvements point to new attitude toward vets
It was 70 years ago that a new generation of veterans was created when the U.S. entered World War II.
The Commercial Appeal is planning another round of layoffs, the Memphis Newspaper Guild announced Tuesday, Dec. 6.
Shareholders of Temple-Inland Inc. have approved the paper company’s merger with Memphis-based International Paper Co.
NEW YORK (AP) – Some forward-looking college professors enabled television's Smithsonian Channel to offer a look at the assassination of Martin Luther King Jr. from the time in which it occurred.
Next year will be slightly better for commercial real estate, but it’ll come at the cost of a shrunken industry.
Memphis City Council members approved a $750 flat bonus for all full time city employees Tuesday, Dec. 6, and a flat bonus of $200 for part time city employees.
Shelby County commissioners appeared on their way to setting a new group of district lines by Christmas that would create two more districts but keep the body at 13 members. That changed at the commission’s Monday, Dec. 5, meeting.
Memphis Obstetrics and Gynecological Association PC, which claims to be the largest private-practice provider of women’s health care services in the Mid-South, is attempting to create a massive digital baby book featuring the images of every baby delivered by MOGA physicians over the last 25 years.
The Calvary & the Arts concert-and-lunch series wraps up this week with a show about the Christmas holiday celebrated in song as “the most wonderful time of the year.”
MEMPHIS NEWSMAKERS
Dr. Jim Avery of the practice Avery & Meadows DDS has been named the 2011 Dentist of the Year for the state by the Tennessee Academy of General Dentistry.
LOCAL COLUMNISTS
'Tis the season for showing appreciation for our clients that allow our businesses to operate.
The top question for many business owners is: “How do I increase sales in my business?”
STATEWIDE
NASHVILLE (AP) – Federal health officials say Tennesseans with Medicare have saved $33 million this year on their prescriptions.
NASHVILLE (AP) – Fisk University's accreditation has been reaffirmed but a state board has put the historically black university on probation for one year to get its finances in order.
NASHVILLE (AP) – The Tennessee Arts Commission has a new website emphasizing grant applications.
NATIONAL BUSINESS
NEW YORK (AP) – Delta Air Lines Inc. said that its system-wide traffic fell 1.9 percent last month, as a sharp decline in international traffic offset better results elsewhere.
DALLAS (AP) – The exodus of top leaders at American Airlines is growing, a week after parent AMR Corp. filed for bankruptcy protection.
NEW YORK (AP) – Bank of America agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit.
NATIONAL GOVERNMENT
TRENTON, N.J. (AP) – Price gouging on prescription drugs already in short supply would become a federal crime under legislation about to be introduced.
OSAWATOMIE, Kan. (AP) – President Barack Obama delivered a sweeping indictment of economic inequality in the U.S. on Tuesday, Dec. 6, as he summoned the memory of President Theodore Roosevelt and pledged to fight for fairness at a “make or break moment for the middle class.”
WASHINGTON (AP) – Senators are once again pushing the Supreme Court to televise its courtroom proceedings, especially since justices will have an election-year argument over the constitutionality of President Barack Obama's signature health care overhaul.
WASHINGTON (AP) – Republican presidential candidate Mitt Romney said Monday that he supports the extension of payroll tax cuts, a proposal President Barack Obama is championing.
HEALTH CARE
WASHINGTON (AP) – Federal regulators are ordering several companies to stop selling an unproven weight loss remedy that uses protein from the human placenta.
WASHINGTON (AP) – Federal health regulators are leaning toward adding new information about the risk of blood clots to the labels of widely prescribed birth control pills such as Yaz, in light of growing evidence that the newer contraceptive drugs may be riskier than older drugs.
SPORTS
KNOXVILLE (AP) – The NCAA will honor Tennessee coach Pat Summitt with the 2012 Gerald R. Ford Award.
KNOXVILLE (AP) – Tennessee coach Derek Dooley has added former Volunteers standout Jay Graham to his staff as a running backs coach.
NASHVILLE (AP) – Prosecutors in Nashville have dropped misdemeanor charges against Tennessee Titans' wide receiver Kenny Britt.
CINCINNATI (AP) – Bearcats quarterback Zach Collaros is two weeks ahead of schedule in his recovery from a broken right ankle, leaving Cincinnati hopeful that he could play in the Liberty Bowl.
TECHNOLOGY
NEW YORK (AP) – Verizon Wireless is blocking Google's new flagship phone from supporting Google's attempt to make the smartphone the credit card of the future.