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VOL. 127 | NO. 242 | Wednesday, December 12, 2012

Crews Ventures Lab Close to 2013 Launch

The University of Memphis’ Crews Ventures Lab program, a business start-up facilitator and incubator, is well on its way toward launching in 2013.

Serving Warriors

Nonprofit organization assists Tennessee’s military veterans

In November 2006, then-U.S. Army Spc. Susan Downes was serving as a military police officer in Afghanistan’s Logar Province when her Humvee drove over an improvised explosive device.

Concerns Continue Over Heritage Trail Tax Increment Financing

Shelby County officials have reservations about plans to create a tax increment financing zone for the city’s proposed Heritage Trails development area.

Huffman Not In School Talks

Tennessee Education Commissioner Kevin Huffman won’t be involved in any meetings this week aimed at some type of agreement among all of the parties in the municipal schools district federal court case.

Gordon Elementary Not Part of State-Led District

Leaders of the Achievement School District will announce Friday, Dec. 14, which schools in the Memphis City Schools system they plan to include in the state-led school district next school year.

Local Weather
Today
Memphis, TN
59°F
Partly Cloudy
Wind: 9 mph
Humidity: 69%

EVENTS

Greater Memphis Chamber will hold its annual Chairman’s Luncheon Wednesday, Dec. 12, from 11:30 a.m. to 1 p.m. at The Peabody, 149 Union Ave. Cost is $150 for chamber members and $200 for nonmembers. R.S.V.P. to Tunga Lee at tlee@memphischamber.com or 543-3571.

more events »

Commercial Advisors Turns 20, Expands Office

Cushman & Wakefield/Commercial Advisors LLC celebrates 20 years of serving clients in the Memphis community this year and has recently expanded its East Memphis office.

Alexander Named TruGreen President

David Alexander, the former CEO of Citi Trends, is the new president of TruGreen lawn care company, leaders of The ServiceMaster Co. announced Tuesday, Dec. 11.

MED Rehabs Downtown Campus

The Regional Medical Center at Memphis is in the midst of extensive rehabbing of its Downtown campus at 877 Jefferson Ave., providing a much-needed face-lift for many of its dilapidated buildings.

MEMPHIS NEWSMAKERS

Writer Andria Brown Joins Doug Carpenter

Andria Brown has joined doug carpenter & associates llc as copywriter, responsible for creating concepts and copy for online, print, broadcast, direct mail and other forms of communication for client communication. Brown has more than 15 years’ experience as a professional writer and editor.

LOCAL COLUMNISTS

Inherent Dangers of Do-It-Yourself Marketing

When you own or operate a small or mid-sized company, you likely have an innate sense of self-reliance. It’s that desire to get things done on your own that probably got you to where you are today. That same drive to maintain unencumbered control, however, may be inhibiting your growth when it comes to the development and execution of your marketing strategy. While seemingly counterintuitive, here’s why this is often the case.

Cognitive Biases Affect Strategic Decision Making

You are biased. Chances are very good that your team is also biased, no matter how talented or experienced they are in your industry. Human bias can blind you to real market demand and open opportunity.

The ‘Fiscal Cliff’ Misdirection

Please recognize that the “fiscal cliff” debate will not end with current compromise. This debate has just begun so get used to it. Our long-term fiscal situation is toxic and entirely a function of Medicare and Medicaid. Today, Medicare and Medicaid expenditures approximate 5 percent of U.S. GDP. According to the Congressional Budget Office, public health expenditures will rise to over 10 percent of U.S. GDP by 2037.

STATEWIDE

Dollar General’s Net Income Rises 21 Percent

GOODLETTSVILLE, Tenn. (AP) – Dollar General Corp. said Tuesday that its fiscal third-quarter net income rose 21 percent, helped by strong demand for candy and snacks.

Aim is Fewer Drugs Given to Dementia Patients

NASHVILLE (AP) – Tennessee health officials are training nursing home care providers how to treat dementia patients with fewer drugs – especially those with Alzheimer's disease.

NATIONAL BUSINESS

Michigan House Approves Right-to-Work Limiting Unions

LANSING, Mich. (AP) – The Michigan House approved the first of two right-to-work bills Tuesday that would weaken union power in the historical labor stronghold as hundreds of protesters rallied at the Capitol.

Exxon: US Energy Revival has Staying Power

NEW YORK (AP) – Exxon says the energy renaissance in the U.S. will continue and predicts that North America will become a net exporter of oil and natural gas by the middle of the next decade.

Delta Buys Stake in Virgin Atlantic

Delta Air Lines said it will buy almost half of Virgin Atlantic for $360 million as it tries to catch up to rivals in the lucrative New York-to-London travel market.

NATIONAL GOVERNMENT

As 'Fiscal Cliff' Looms, Voter Angst is Palpable

HOOKSETT, N.H. (AP) – Five hundred miles from Washington, the lunch crowd at Robie's Country Store and Deli is filled with angst over America's elected leaders and their latest struggle to prevent a fiscal crisis.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 368 16,413
MORTGAGES 66 422 21,432
FORECLOSURE NOTICES 15 76 4,266
BUILDING PERMITS 176 877 39,378
BANKRUPTCIES 60 294 15,542
BUSINESS LICENSES 20 98 5,491
UTILITY CONNECTIONS 69 423 23,573
MARRIAGE LICENSES 17 95 5,035

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