VOL. 126 | NO. 44 | Friday, March 4, 2011
Red Door Wealth Management, a financial advisory business that has an alliance with local accounting firm Cannon Wright Blount PLLC, just wrapped up its first year in existence this month.

'Aerotropolis' author bullish on Memphis’ role in concept
The chairman of the Memphis-Shelby County Airport Authority Board puts Memphis at the “midway” point between the ingredients for a dedicated aerotropolis and a nuts and bolts master plan to turn it into reality.
The Shelby County Schools system has amended its federal lawsuit on the schools consolidation referendum to include the Shelby County Commission as a defendant.
Community leaders and elected officials were on hand Thursday as Harvard urban expert Ed Glaeser spoke at the seventh annual Leadership Memphis Community Leadership luncheon held at the Holiday Inn University of Memphis.
Before it builds a new manufacturing plant at Frank C. Pidgeon Industrial Park, Electrolux will set up shop in Memphis with a Downtown office.
The average paper clip consists of a twice-looped thin wire that extends close to three centimeters long and weighs about a gram.
When the national news media early this year zeroed in on reports of high rates of pregnancy among Memphis’ adolescent girls and the programs being implemented to address the issue, many Memphians asked, “So, what about the boys?”
Memphis Police Director Larry Godwin looked closely last week at a newly decorated wall at the police training academy in Frayser.
After Nora Capwell’s children were born, she left her career in the financial industry to pursue volunteer work and eventually became involved with the Junior League of Memphis, a nonprofit organization of women committed to improving the Memphis community.
National stop sign.
Part two of a two-part series
MEMPHIS AREA
MEMPHIS (AP) – The City of Memphis has begun its new Employee Suggestion Program.
MEMPHIS (AP) – Memphis in May officials say John Mellencamp, Wilco, Cee Lo Green, Ke$ha, Stone Temple Pilots, B.o.B. and Godsmack are scheduled to perform at the three-day Beale Street Music Festival this spring.
STATEWIDE
NASHVILLE (AP) – Tennessee Labor Commissioner Karla Davis says the state's unemployment rate for January was 9.5 percent, up 0.1 percent from the previous month.
NASHVILLE (AP) – The Tennessee Department of Agriculture and the Tennessee Farm Bureau Foundation are promoting community and school gardens by offering grants.
STATE LEGISLATURE
NASHVILLE (AP) – Gov. Bill Haslam has appointed Kevin Huffman, vice president of public affairs at Teach For America, as his education commissioner.
HEALTH CARE
PENSACOLA, Fla. (AP) – A federal judge who declared President Barack Obama's healthcare overhaul unconstitutional ruled Thursday that states must continue implementing it while the case makes its way through the courts.
ATLANTA (AP) – More than a third of U.S. adults sleep less than seven hours a night, and many of them report troubles concentrating, remembering and even driving.
NATIONAL BUSINESS
DEERFIELD, Ill. (AP) – Drugstore operator Walgreen Co. said Thursday a key measure of revenue rose in February, but the growth was slightly below Wall Street expectations.
MINNEAPOLIS (AP) – Target said Thursday that a key revenue figure rose 1.8 percent for February, helped by sales of fresh food and by shoppers with its branded cards taking advantage of a 5 percent discount, but the results missed analyst expectations.
WASHINGTON (AP) – The U.S. service sector expanded in February at the fastest pace in more than five years and firms hired at the quickest rate since before the recession.
WASHINGTON (AP) – Productivity grew in the final quarter of 2010 at the fastest pace in nine months but economists expect a significant slowdown in the growth rate in 2011.
NEW YORK (AP) – Shoppers braved February's chill to hand retailers surprisingly strong sales gains, extending the momentum from a strong holiday season and providing evidence of a strengthening economic recovery.
NATIONAL POLITICS
WASHINGTON (AP) – The number of people requesting unemployment benefits last week plunged to a nearly three-year low, bolstering the likelihood that companies will increase the pace of hiring this year.