VOL. 127 | NO. 77 | Thursday, April 19, 2012
Sean Menke conceded earlier this year that the job of turning around Memphis-based Pinnacle Airlines Corp. would be more difficult than he thought when he became chief executive officer of the regional air carrier in July.
Companies fill latest green niche as homeowners turn to organic yards
For most people these days, the descriptive word “green” evokes thoughts on diminishing consumption and environmental chivalry, and not necessarily the lush colors of an early spring such as Memphis has seen this year.
The timing and backdrop seem fitting. During the first quarter of 2012, the same three-month period in which the state of Tennessee announced its participation in a $25 billion settlement with some of the biggest lenders over foreclosure abuses, the number of foreclosures in Shelby County swelled by almost 30 percent.
The Memphis-based parent company of First Tennessee Bank reported a 12-cent per share profit for the first quarter before the stock market's opening bell Thursday.
Industrial Developments International Inc. will soon begin construction on three buildings in Crossroads Distribution Center in Olive Branch, marking the first substantial Memphis-area speculative development since 2008.
Even as he made his case for a 47-cent property tax hike Tuesday, April 17, Memphis Mayor A C Wharton Jr. outlined alternatives to the full tax hike.
Larry Cox did his best in the fight to keep Pinnacle Airlines Corp.’s headquarters near Memphis International Airport and avoid it moving to Downtown’s One Commerce Square.
Since April was first designated Autism Awareness Month back in the 1970s to educate the public about autism, the numbers of children diagnosed with autism spectrum disorders has continued to grow.
MEMPHIS LAW TALK
During the trial in 2009 between the city of Memphis and the Memphis City Schools district over a complicated funding dispute that has left ramifications even to this day, Allan Wade argued on behalf of the city.
LOCAL COLUMNISTS
Ray’s Take Whether 5 or 55, kids tend to turn to their parents first when they encounter financial difficulties. There’s nothing inherently wrong with that, but there can be a lot wrong with bailing them out with no consequences or questions asked.
During the past 16 months, NPR has featured a couple of creative police-blotter writers in stories filed by Don Gorenstein and Alexandria Gutierrez.
STATE GOVERNMENT
NASHVILLE (AP) – A lobbyist has used a House chairman's email to urge lawmakers to vote against a bill to tax roll-your-own cigarettes.
NASHVILLE (AP) – The House has passed Gov. Bill Haslam's bill to require mandatory jail time for people with repeat domestic violence convictions.
REGIONAL
OXFORD, Miss. (AP) – Baptist Memorial Health Care Corporation will build its new $250 million Oxford hospital on a 160-acre tract just west of the existing hospital.
NATIONAL BUSINESS
WASHINGTON (AP) – Where do for-profit colleges get the money they spend on all those highway billboards and television and radio ads?
WASHINGTON (AP) — The International Monetary Fund warned Wednesday that European banks are under pressure to preserve capital and could cut back sharply on lending over the next two years, slowing the region’s growth.