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VOL. 126 | NO. 17 | Wednesday, January 26, 2011

ServiceMaster To Hire 3K Nationally

ServiceMaster Co. executives have plans to hire more than 3,000 people nationally by June.

Testing Green

HERS index measures homes’ energy efficiency

The word “green” is certainly a buzzword these days, used almost synonymously for energy efficiency. Although energy efficiency is a part of green, green is a whole lot more than that.

Local Group, UP to Discuss Harahan Bridge

A delegation from Memphis led by Memphis Mayor A C Wharton Jr. will be in Omaha, Neb., next week to talk with Union Pacific railroad executives about a bicycle and pedestrian path across the Mississippi River.

National Study to Measure Arts Impact

In its mission to serve not only as a funding source for local arts organizations but also as an advocate, ArtsMemphis has joined a nationwide research project that aims to offer a tangible measure of the impact of the arts in Memphis.

Decision Places Elected Officials on EDGE Board

A new Memphis-Shelby County economic development entity will have elected officials on its board. The decision by county commissioners sends the resolution back to the Memphis City Council next month for final approval.

Local Weather
Today
Memphis, TN
73°F
Fair
Wind: 3 mph
Humidity: 71%

EVENTS

Talk Shoppe will present “The Mastermind Principle: Sharing Ideas, Referrals and Resources with Other Business People in a Small Group” Wednesday from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call 482-0354.

more events »

Complete Shelby Delegation Preps for Expanded Leadership

When the Tennessee Legislature returns on Feb. 7 from its three-week recess, the 22-member Shelby County legislative delegation will be at full strength.

New Procedure Keeps Memphis on Cardiac Cutting Edge

A cardiac procedure newly approved by the U.S. Food and Drug Administration to treat patients suffering from atrial fibrillation, a common type of cardiac arrhythmia, has just become available in Memphis.

Houston Gordon Kicks Off MBA’s Lawyers Conversations Series

At a lunchtime gathering the Memphis Bar Association is planning to host, trial attorney Houston Gordon will be the center of attention for the first in a series of informal seminars titled “Conversations with Local Lawyers of Distinction.”

Adrienne Johnson Promoted at the Greater Memphis Chamber

Adrienne Johnson has been promoted to director of research for the Greater Memphis Chamber.

Marketing Goes 'Minority Report'

Editor’s Note: This is the first in a two-part series.

Wellbeing: The New Buzz

The book “Well Being” describes a new Gallup research tool called the Wellbeing Finder that measures what they propose are five essential elements of “a life that matters.” The elements are career, social, financial, physical and community wellbeing. Ideally, we would experience high levels of satisfaction in all those areas. It doesn’t take a scientist to know that this isn’t often the case.

STATEWIDE

New Electric Vehicle Chargers Dedicated in Tenn.

KNOXVILLE (AP) – Researchers in Knoxville have dedicated an electric vehicle charging station.

STATE LEGISLATURE

Gov. Haslam to Meet With GOP Lawmakers at Mansion

NASHVILLE (AP) – Gov. Bill Haslam was scheduled to host a dinner meeting Tuesday evening with Republican legislative leaders at the governor's mansion in Nashville.

REAL ESTATE

Home Prices Fall in Major US Cities

LOS ANGELES (AP) – Home prices are falling across most of America's largest cities, and average prices in eight major markets have hit their lowest point since the housing bust.

REIT Outlook: Reeling in Real Estate Expectations

Real estate investors are getting mixed signals. Problems in the housing market persist, but real estate investment trusts have offered investors nearly 30 percent returns in each of the past two years. Could they do it for a third?

NATIONAL BUSINESS

Unemployment Rises in 20 States, Falls in 15

WASHINGTON (AP) – The unemployment rate rose in 20 states last month as employers in most states shed jobs.

Regions Financial Rebounds to 4Q Profit of $36M

BIRMINGHAM, Ala. (AP)Regions Financial Corp. reported a return to a fourth-quarter profit, but shares slid nearly 4 percent because the profit could largely be attributed to a one-time securities sale

US Airlines Make Money Again by Flying Less

DALLAS (AP) – After a decade of multibillion-dollar losses, U.S. airlines appear to be on course to prosper for years to come for a simple reason: They are flying less.

Consumer Confidence Index Hits 8-Month High

WASHINGTON (AP) – Consumer confidence hit an eight-month high in January. The increase suggests the rising spirits that fueled a holiday shopping boom are carrying over into the new year as people feel better about the job market.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 33 91 3,886
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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