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VOL. 127 | NO. 156 | Friday, August 10, 2012

Judge Hints at Path of Voter ID Challenge

The Nashville federal court judge who turned down the city of Memphis’ second request to use photo library cards as voter identification said the city’s legal theories in the opening rounds of what became a larger case this week were “not a model of clarity.”

Pitch Perfect

September festival part of Goner Records’ well-loved story

The fact that Memphis-based Goner Records is now in its eighth year of existence – well beyond the point when digital innovation has snuffed out so many other players amid the physical media landscape – is a testament to the wisdom of some basic business principles.

Occupy Memphis Over

Nine months after the Occupy Wall Street movement came to Memphis with a camp site in the Civic Center Plaza Downtown, the Occupy Memphis group has been evicted by the city.

Bumps Ahead for Pera's Tech Co., Despite Strong Quarter

Ubiquiti Networks Inc., the communications technology company founded by prospective Memphis Grizzlies owner Robert Pera, saw its share price plummet Friday morning after the stock market's opening bell.

US Says FedEx Broke Rules on Hazardous Shipments

WASHINGTON (AP) – U.S. safety regulators are seeking a $681,200 civil penalty against FedEx, saying that the package-delivery company violated rules on shipping hazardous material two years ago.

Local Weather
Today
Memphis, TN
50°F
Partly Cloudy
Wind: 0 mph
Humidity: 93%

EVENTS

Christian Brothers University’s Beverly & Sam Ross Gallery will host an opening reception for the Memphis Camera Club’s “A Walk Through History (Floor to Ceiling)” Friday, Aug. 10, from 5:30 p.m. to 7:30 p.m. in the Plough Memorial Library on CBU’s campus, 650 East Parkway S. Call 321-3243.

more events »

Dot-Com Moves Distribution To Memphis

Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.

Luttrell Talks School Buildings, Economic Dev.

A countywide school system can coexist with municipal school districts with the right terms, says Shelby County Mayor Mark Luttrell.

Patterson’s Fly Honored as Leader in Logistics

Before there were traffic counts and computer models and the specific concept of supply chain management, there was a map of the continental United States and maybe some concentric circles with Memphis at the center and most of the 48 states within those circles.

MEMPHIS STANDOUT

Life as Touring Musician Preps Stockwell for PR Role

Punk-rock musician Marvin Stockwell says life on the road touring the United States, Canada and Europe with his band Pezz uniquely prepared him for his professional role as longtime public relations manager at the Church Health Center.

LOCAL COLUMNISTS

Finding Inspiration In an Ad

ADVERTISING. YOU GOTTA LOVE IT. From time to time, I’ve been invited to lecture on advertising, copywriting and the creative process in college classrooms – as opposed to the uninvited lectures I’ve given in all kinds of rooms. I tell students that advertising is a terrible business made up of itty-bitty margins, great big egos, volcanic eruptions and Richter 8 earthquakes – and those are just the staff meetings. I tell them it’s a constant emotional roller coaster of soaring ups and crushing downs, of inspired thought and amazing idiocy – and that’s all before lunch.

Faith-Based Fundraising – Part One

Part one of a three-part series Prayer must be at the heart of church fundraising, but the fundamentals of fundraising also contribute to success. We met Willis White when he was serving as co-chair for a $3.5 million, multi-year campaign to retire the debt on the Allen Temple Baptist Church Family Life Center. We worked with White, his co-chair Constance Walker and the church’s campaign leadership team during their campaign.

STATE GOVERNMENT

Tenn. General Fund Beats Expectations by $543M

NASHVILLE (AP) – Tennessee general fund tax collections finished the budget year at $543 million above estimates after July revenues beat expectations by $2.7 million.

NATIONAL BUSINESS

US Economic Outlook Brightens on Jobs, Trade Data

WASHINGTON (AP) – The outlook for the U.S. economy brightened a little Thursday after new data pointed to improvement in hiring and greater exports.

US Applications for Unemployment Aid Fall by 6,000

WASHINGTON (AP) – The number of Americans applying for unemployment benefits fell by 6,000 last week to a seasonally adjusted 361,000, a level consistent with modest gains in hiring.

Leader of American Airlines Pilots' Union Resigns

DALLAS (AP) – The leader of the pilots' union at American Airlines resigned Thursday after pilots rejected a concessionary contract offer that he supported.

US Trade Deficit Falls to Lowest in 18 Months

WASHINGTON (AP) – The U.S. trade deficit fell to its lowest level in 18 months in June, pushed down by a steep drop in oil imports and a rise in exports.

NATIONAL GOVERNMENT

Postal Service Reports $5.2B Loss in 3rd Quarter

WASHINGTON (AP) – The nearly bankrupt U.S. Postal Service on Thursday reported losses of $57 million per day in the last quarter and warned it will miss another payment due to the U.S. Treasury, just one week after its first-ever default on a payment for future retiree health benefits.

TECHNOLOGY

Google Agrees to Record $22.5M Fine on Privacy

SAN FRANCISCO (AP) – Google is paying a record $22.5 million fine to settle allegations that it broke a privacy promise by secretly tracking millions of Web surfers who use Apple's Safari browser.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 87 87 14,804
MORTGAGES 80 80 19,410
FORECLOSURE NOTICES 0 0 3,796
BUILDING PERMITS 0 0 35,330
BANKRUPTCIES 58 58 14,092
BUSINESS LICENSES 22 22 5,013
UTILITY CONNECTIONS 99 99 21,532
MARRIAGE LICENSES 37 37 4,594

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