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VOL. 127 | NO. 245 | Monday, December 17, 2012
SPECIAL EMPHASIS: Regional Business

Metro Connection

Work continues on I-269 loop

The Interstate 269 bypass loop is moving closer to completion as work continues on sections running through Collierville, Fayette County and into Mississippi.

Fayette, Marshall Prep for Ambitious Industrial

With Norfolk Southern Corp.’s Memphis Regional Intermodal Terminal now operational in Rossville and a pair of large-scale industrial manufacturing buildings under way in the area, stakeholders say the future is bright for the region.

Wimbish’s Goal: People Stopping in West Memphis

It’s hard to make an impression on a stream of speeding cars and trucks, but Ward Wimbish, the man responsible for growing West Memphis’ economic development, hopes to divert drive-thru traffic into town.

Wage Theft Ordinance Causes Concern

Shelby County Commissioners take what is expected to be their next-to-last vote Monday, Dec. 17, on a “wage theft” ordinance that will probably be amended as it faces organized resistance from the local restaurant and hospitality industries.

Local Weather
Today
Memphis, TN
55°F
Fair
Wind: 6 mph
Humidity: 67%

EVENTS

The Better Business Bureau of the Mid-South will hold a holiday networking party Tuesday, Dec. 18, from 7:30 a.m. to 9 a.m. at bureau’s offices, 3693 Tyndale Drive. Cost is free for BBB-accredited businesses and their guests. Email Cheryl Stewart at cstewart@bbbmidsouth.org or 757-8603.

more events »

Fulton Accounting Firm Gets Rebrand and New Owner

Fulton CPAs is a full-service accounting firm that has a new name and is under new ownership.

SMALL BUSINESS SPOTLIGHT

BancorpSouth Keeps Focus on Staying True to Banking Basics

BancorpSouth Inc. may have new leadership, but the Tupelo, Miss.-based company likes to say it still has an old way of doing business.

LOCAL COLUMNISTS

So What Happened to Auburn?

For years I have been telling my clients that if you desire or need to change something in your life you basically have three options: You can change something about yourself (the least used, most effective option), you can try to change something about someone else (the most used, least effective option), or you can change something about your environment. With this in mind, I recently had an interesting conversation with a friend of mine who happens to be a serious Auburn University football fan.

Maximizing Your Return on Luck

Hunkering down in year-end strategic planning sessions, you are probably thinking about what’s next for the economy and how that will affect your business.

NATIONAL BUSINESS

Holiday Shoppers May See Big Discounts Soon

NEW YORK (AP) – If shoppers don't show up in stores soon, more 70 percent off sale signs will.

US Manufacturing Output Rises 1.1 Percent in November

WASHINGTON (AP) – U.S. factories rebounded in November from Superstorm Sandy, boosting production of cars, equipment and appliances. But after factoring out the impact from the storm, the broader trend in manufacturing remained weak.

Survey Shows China's Manufacturing Improving

BEIJING (AP) – China's manufacturing activity rose to a 14-month high in December, adding to signs the world's second-largest economy is recovering, but export orders weakened, a survey showed Friday.

NATIONAL GOVERNMENT

Narrow 'Fiscal Cliff' Bargain Gains Currency

WASHINGTON (AP) – Hopes dimming for a wide-ranging bargain, the White House and many congressional Republicans are setting their sights on a more modest deal that would extend current tax rates for most Americans, raise rates for top earners and leave other, vexing issues for the new year.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 242 14,959
MORTGAGES 111 255 19,585
FORECLOSURE NOTICES 21 43 3,838
BUILDING PERMITS 153 512 35,842
BANKRUPTCIES 61 182 14,216
BUSINESS LICENSES 18 104 5,095
UTILITY CONNECTIONS 76 246 21,679
MARRIAGE LICENSES 16 75 4,632

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