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VOL. 127 | NO. 162 | Monday, August 20, 2012

Duncan-Williams Adds Young Talent

It’s a Friday afternoon, and a group of two dozen young professionals and recent college graduates has a room to themselves at the end of one hall in the headquarters of investment firm Duncan-Williams Inc.

Senior Sector

Independent and assisted-living facilities sprouting up as boomers age

The 76 million Americans born between 1946 and 1964 were said to have remodeled society as they moved through it.

Co. Election Commission to Certify Aug. 2 Results

Shelby County Election Commissioners won’t completely close the books Monday, Aug. 20, on the troubled Aug. 2 elections.

Pinnacle Cuts Pay, Benefits in Reorganization Plan

Memphis-based Pinnacle Airlines Corp. has a new bankruptcy reorganization plan that includes 6 percent pay cuts for nonunion employees, a cut in paid vacation time by one week and a smaller company match in 401(k) retirement plans to take effect in 2013.

Six Chosen for Selection Process Committee

The ad hoc committee to recommend a process for selecting a single superintendent for the coming Shelby County Schools merger is complete.

Local Weather
Today
Memphis, TN
76°F
Fair
Wind: 7 mph
Humidity: 36%

EVENTS

Stax Museum of American Soul Music will host Conversations With: Wattstax 40th anniversary panel discussion Monday, Aug. 20, from 6 p.m. to 8 p.m. at the museum, 926 E. McLemore Ave. Cost is $5 for members and $10 for nonmembers. Visit staxmuseum.com.

more events »

SMALL BUSINESS SPOTLIGHT

PR Firm Helps Companies Tap Into Hispanic Business

The Memphis metropolitan area has no shortage of public relations and marketing firms, but Dominique Anderson Public Relations helps companies, organizations and government entities tap into the region’s growing but underserved Latino market.

LOCAL COLUMNISTS

Lessons of Lucy And Ethel

While preparing for a presentation recently, I remembered a scene from an old episode of the 1950s television show “I Love Lucy.” I looked it up on YouTube and sure enough the video clip of the scene is there (you can find it by putting the words “Lucy candy factory” in the search field).

THE MEMPHIS NEWS

After the Vote

Plan emerges to untangle complex schools situation while unanswered questions remain

As 400 supporters of municipal school districts rallied just off the Arlington town square in July, conversations about the ballot outcome turned to one question – how Federal Judge Hardy Mays would rule in the legal challenge to the state law governing the establishment of a municipal school district.

Time to Make New School System Work

By the time our two public school systems merge, it is possible everyone in every part of the county will have voted. But it has been on different parts of an end game that becomes more complex the closer we get to the August 2013 merger and debut of the suburban municipal school districts.

REGIONAL

Mississippi's July Jobless Rate Up to 9.1 Percent

JACKSON, Miss. (AP) – Unemployment rose in Mississippi in July for the second straight month, as the state's job market continued to sputter.

Arkansas Unemployment Rate Up to 7.3 Pct. in July

LITTLE ROCK, Ark. (AP) – Officials say Arkansas' unemployment rate rose one-tenth of a percentage point to 7.3 percent in July.

NATIONAL BUSINESS

The Least Loved Day is Also the Market's Worst

NEW YORK (AP) – It's not just in your head. Mondays really are the worst.

Unemployment Rates Rose in 44 US States in July

WASHINGTON (AP) – Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.

TECHNOLOGY

Kickstarter Projects Generate Millions of Dollars

NEW YORK (AP) – A funny thing happens on Kickstarter, the website where people ask for money to finance their projects. Sometimes, they get more money than they ask for.

Treasury Changes Fannie and Freddie Bailout Deal

WASHINGTON (AP) – The government is changing the terms of its bailout agreement with Fannie Mae and Freddie Mac in a way that will shrink the holdings of the two mortgage giants more quickly and will require payment to the government of all quarterly profits the companies earn.

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PROPERTY SALES 66 153 14,870
MORTGAGES 64 144 19,474
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 217 359 35,689
BANKRUPTCIES 59 121 14,155
BUSINESS LICENSES 24 86 5,077
UTILITY CONNECTIONS 71 170 21,603
MARRIAGE LICENSES 22 59 4,616

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