VOL. 127 | NO. 80 | Tuesday, April 24, 2012
A new microbrewery has its sights set on Memphis’ Edge District for a September opening.

Two local churches designed by Hord Architects now under way
Two Memphis-area churches are under way, both designed by Hord Architects, a local firm that specializes exclusively in maximizing the budgets of nonprofit clients.
Memphis-based Pinnacle Airlines Corp. could put up to 450 pilots on unpaid furlough leave in the next year and a half.
The number of business licenses filed with the Shelby County Clerk’s office decreased by about 1.8 percent to 1,528 in the first quarter compared with 1,556 in first quarter of 2011, according to The Daily News Online, www.memphisdailynews.com.
Usually Self + Tucker Architects do the design work and planning for someone else who is the developer.
As workers began adding the platforms to the Beale Street Landing project on the city’s riverfront over the weekend, on the other end of the riverfront, workers prepared to move the Ramesses statue from the front of The Pyramid.
For months, the entrepreneurs behind six new startups have refined their concepts, listened to mentors, learned from each other – and counted down the days.
REAL ESTATE RECAP
Acreage on Former, Mall of Memphis Site -
Johnson Development Associates Inc. has closed on its acquisition of more than 100 acres on the former Mall of Memphis site that the company plans to develop into an industrial park. South Carolina-based Johnson, working under the name Memphis Industrial Properties LLC, bought the property from Memphis Mall Holdings LLC for $2.7 million.
LOCAL COLUMNISTS
Last week we discussed the Jubilee Schools, which are educating children in urban areas of Memphis, affording opportunities for them to learn, grow and succeed in a faith-based environment regardless of their socioeconomic status. This week, let us spotlight an organization that is fighting hunger through the efficient collection and distribution of wholesome food, and through education and advocacy: Mid-South Food Bank.
Apples to Oranges Investors and media have run out of superlatives to describe Apple Inc. Not only has Apple become the biggest investment story, it has also become the world’s most highly valued company. Today Apple represents 4.4 percent of the S&P 500 and 16 percent of the Nasdaq composite index.
With the June 30 deadline for Shelby County 2012 tax appeals quickly approaching, here are some suggestions for homeowners considering an appeal.
STATE GOVERNMENT
NASHVILLE (AP) – Tennessee lawmakers' long tradition of meeting secretly to hash out budget plans is alive and well.
NASHVILLE (AP) – A proposal that would allow Tennessee to join an interstate compact challenging the federal health care law is advancing in the House.
NATIONAL BUSINESS
NEW YORK (AP) – American Airlines argued before a federal bankruptcy judge Monday that its union contracts need to be changed to make the company financially stable.
LOS ANGELES (AP) – MetLife Inc. has agreed to pay nearly $500 million in a multi-state settlement over allegations it didn't pay life insurance benefits to some of policyholders.
WASHINGTON (AP) – The college class of 2012 is in for a rude welcome to the world of work.
NATIONAL GOVERNMENT
WASHINGTON (AP) – High energy prices and an economy that has been slow to rebound are worsening Social Security's finances, shortening the life of the trust funds that support program by three years, the government said Monday.