VOL. 126 | NO. 230 | Thursday, November 24, 2011
Medtronic Inc., the world’s largest medical device maker, Tuesday, Nov. 22, reported higher-than-expected earnings in the second quarter, driven by sales of newer devices that compensated for sluggish sales of the company’s heart and spine implants.

Del-Nat bolsters co-op model with new line of tires
It’s not uncommon for cooperatives of independent booksellers and music stores to launch campaigns in hopes of attracting consumers.
A North Hickory Hill apartment complex has traded hands for the second time in 18 months.
Some prominent national speakers are on tap to make presentations at next week’s Memphis Bar Association labor and employment law section annual seminar.
One of the three remaining defendants in the largest drug case ever brought in Memphis federal court has pleaded guilty to multiple conspiracy charges including racketeering, murder for hire and drug distribution.
Shelby County District Attorney General Amy Weirich filed her qualifying petition Tuesday, Nov. 22, to run in the March 6 Republican primary for the post she has held since January.
SPORTS
The Memphis fan walked up the tunnel and into Liberty Bowl Memorial Stadium, looked at the scoreboard, saw 13:43 remaining in the first quarter and a “7” under “Herd,” and he cussed.
What’s the cost of anticipation abandoned on the altar of BRI – Basketball-Related Income – and “systems issues” during the NBA lockout?
MEMPHIS LAW TALK
Robert Hutton has argued some remarkable cases as an attorney at Glankler Brown PLLC, including one before the U.S. Supreme Court.
MEMPHIS STANDOUT
Edward Jones & Co. LP was an attractive career opportunity to Kevin Baltier when he made the move 11 years ago to become a financial adviser.
LOCAL COLUMNISTS
How do you say thank you? The Women’s Foundation for a Greater Memphis says it with a Kroger gift card, preloaded with five dollars.
SHARED IDIOCY. SHARED LIVES. I look around the table, many tables over many years, and I’m thankful for those I still see.
Peden v. U.S., 512 F.2d 1099 (1975) was a Court of Claims suit to review the Board of Appeals and Review’s (BAR) affirmance of the Civil Service Commission’s (CSC) upholding of the IRS’s discharge of Gerald Peden. For a three-judge panel, Judge Philip Nichols Jr. wrote a classic paragraph:
STATEWIDE
KNOXVILLE (AP) – The Tennessee Valley Authority has paid $530 million in tax equivalent payments in fiscal year 2011 to states and local governments where it sells electricity or has power properties.
NATIONAL BUSINESS
PORTLAND, Ore. (AP) – Occupy protesters want shoppers to occupy something besides door-buster sales and crowded mall parking lots on Black Friday.
CHICAGO (AP) – Holiday travel got off to a soggy start in parts of the country Wednesday as millions of Americans undeterred by costlier gas and airfare set out for Thanksgiving celebrations, but few major problems were reported.
NASHVILLE (AP) – Tennessee whiskey maker Jack Daniel's is donating more than $100,000 to pay for plane tickets and travel funds for soldiers at Fort Campbell, Ky., to spend the December holiday season with their families all over the country.
WASHINGTON (AP) – The number of people seeking unemployment benefits ticked up slightly last week after two months of steady declines.
WASHINGTON (AP) – Consumers barely increased their spending in October but their incomes rose by the most in seven months. The rise in take-home pay could boost spending during the upcoming holiday shopping season.
WASHINGTON (AP) – U.S. business orders for long-lasting manufactured goods fell for a second straight month in October. While much of the weakness came from a big drop in demand for commercial aircraft, a key category that tracks business investment spending fell by the largest amount since January.
NATIONAL POLITICS
WASHINGTON (AP) – The Federal Reserve announced on Tuesday that it will conduct a third round of stress tests to determine if major U.S. banks can withstand a downturn in the economy.
NEW YORK (AP) – During the first two months of the nationwide Occupy protests, the movement that is demanding more out of the wealthiest Americans cost local taxpayers at least $13 million in police overtime and other municipal services, according to a survey by The Associated Press.
LOS ANGELES (AP) – The chairman of the Federal Communications Commission has come out against the merger of cellphone giant AT&T and T-Mobile USA.