VOL. 127 | NO. 241 | Tuesday, December 11, 2012
The Shelby County housing market continued to improve last month with year-over-year increases in home sales and average prices, and industry experts say those are just two of the signs that local residential real estate has stabilized.
Tennessee Shakespeare Co. leading ‘a wonderful life’
The latest production from Tennessee Shakespeare Co. is a stage version of one of the silver screen’s most beloved morality tales – the one about an angel on a mission, the magic of Christmas and the futility of worrying over what might have been.
For the last year and a half, bookkeeping has been on Kevin Dean’s mind as much as books.
Tennessee Education Commissioner Kevin Huffman would bring lots of political leverage with him should he mediate the coming merger of schools in Shelby County.
6380 Holmes Road Memphis, TN 38141
LOCAL COLUMNISTS
Last week we shared more ways you can celebrate the holidays while giving back at the same time. This week let us explore an easy way we can start planning ahead to make 2013 a Year of Books by working with Shelby County Books from Birth to plant the seeds of literacy and help build a stronger foundation for our future.
STATEWIDE
NASHVILLE, Tenn. (AP) — Tennessee Finance Commissioner Mark Emkes says the state's overall revenue collections for November are slightly more than they were this time last year.
NASHVILLE, Tenn. (AP) — The Tennessee Valley Authority's board voted Monday to delegate certain authority to the utility's new chief executive in case five of its vacancies aren't filled before Congress adjourns this month.
NATIONAL BUSINESS
NEW YORK (AP) — Benchmark U.S. crude gave up some early gains Monday on a surprise expansion of German exports and signs of increased oil consumption in China to finish lower. Concerns about the so-called fiscal cliff in the U.S. continued to dog traders and investors.
WASHINGTON (AP) — To prevent a possible run on banks at the height of the financial crisis four years ago, Congress expanded government insurance for certain bank deposits to include totals above the usual $250,000 limit. Now that the ceiling is about to be re-imposed, community banks fear they'll lose customers to bigger banks and want Congress to come to their rescue.
NATIONAL GOVERNMENT
REDFORD, Mich. (AP) — President Barack Obama warned Monday that he "won't compromise" on his demands that the wealthiest Americans pay more in taxes, digging in on the chief sticking point between the White House and Republicans as they seek a way to avert the "fiscal cliff."
WASHINGTON (AP) — The government is investigating whether software companies that make cellphone apps have violated the privacy rights of children by quietly collecting personal information from phones and sharing it with advertisers and data brokers, the Federal Trade Commission said Monday. Such apps can capture a child's physical location, phone numbers of their friends and more.
REAL ESTATE
WASHINGTON (AP) — A government report finds median pay for nearly 2,000 senior managers at government-controlled Fannie Mae and Freddie Mac exceeded $200,000 last year.
HEALTH CARE
WASHINGTON (AP) — Your medical plan is facing an unexpected expense, so you probably are, too. It's a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama's health care overhaul.