VOL. 127 | NO. 29 | Monday, February 13, 2012

Eric Mathews, long at the center of a variety of tech ventures and entrepreneurship projects in the city, is taking the reins at EmergeMemphis.
SPECIAL EMPHASIS: CONSTRUCTION
One-fourth of The Pyramid’s deconstruction is complete, and the project to transform the arena into a Bass Pro Shops superstore by August 2013 is even slightly ahead of schedule.
Some local construction companies could be scrambling by summertime in search of heavy equipment like cranes, scissor lifts and backhoes for their projects.
Oxford Immunotec Inc., a medical diagnostics company founded in 2002, wants to put its first U.S. location outside of its Massachusetts headquarters in Memphis.
International Paper Co. has completed the acquisition of Temple-Inland Inc., the Memphis-headquartered company announced Monday, Feb. 13.
Muddy’s Bake Shop will soon bring some of its lovin’ from the oven to Binghampton.
Nucor Steel Memphis Inc. is growing.
A Memphian born and raised, Reid Hedgepeth takes great pride in his city’s institutions, whether they be the tangible of medicine and education, or the more intangible of sports and politics.
Shelby County Commissioners approved Friday, Feb. 10, a resolution authorizing Shelby County Mayor Mark Luttrell to negotiate with the countywide school board on the terms of a transfer of school buildings in the event suburban municipal school districts are formed.
As the first page was torn off the 2012 calendar, Shelby County’s mortgage market found itself pretty much in the same place as it did during the same period in 2011.
Historic Elmwood Cemetery, Memphis’ oldest active cemetery, has started its own “university” to educate Memphians about the lives of the individuals who helped shape a small river town into a modern metropolis.
The first witnesses could testify Monday, Feb. 13, in the federal drug conspiracy, racketeering and murder-for-hire trial of Martin Lewis and Clinton Lewis.
Glen Gilmore won the crowd over within seconds of taking the podium at The Daily News’ social media seminar Thursday, Feb. 9, at the Memphis Brooks Museum of Art.
GOVERNMENT AGENDA
The Memphis City Council meets in special session Tuesday, Feb. 14, at 3:30 p.m. to consider two annexation ordinances. Up for first reading is the Bridgewater annexation. The council has also added second of three readings on the Grays Creek annexation.
SMALL BUSINESS SPOTLIGHT
Since its grand opening on May 2, 2010, Highland Church of Christ on Houston Levee Road in Cordova has been a special source of inspiration and promise for congregation member Rusty Linkous, owner and director of business development for Linkous Construction Co. Inc.
LOCAL COLUMNISTS
I don’t know much about traffic-light timing. However, I suspect that a mischievous traffic-flow designer might be having fun at the expense of lead-footed drivers in our fair city.
THE MEMPHIS NEWS

2012 set to be a watershed year for e-commerce sales tax debate
In World War II, it was the beaches of Normandy. During the Great Recession, it was the collapse of Lehman Brothers. In Shakespeare's “Hamlet,” it's the reaction of Claudius when he storms out of the play that Hamlet staged in an attempt to guess whether his uncle killed his father.
The smallest business with a product or service is being encouraged to think globally in today’s dynamic economy.
The University of Memphis will celebrate its centennial year in part by producing one of the monoliths of modern Broadway musicals, Andrew Lloyd Webber’s “The Phantom of the Opera.”
And the voice of the curmudgeon is heard in the land!
OK, now that I’ve ruined Valentine’s for everybody, let me toss you a bouquet in the form of the Rosa Regale 2010, produced by Banfi at Acqui in Italy’s Piedmont region. This is, frankly, a truly romantic lightly sparkling wine that’s a winner for après-dinner sipping, especially with delicate desserts based on fresh fruit. Also, Rosa Regale is one of the few wines that actually goes with chocolate, that is, dark or bittersweet chocolate, not milk chocolate.
NATIONAL BUSINESS
NEW YORK (AP) – On a normal day, 4 billion shares of stock change hands on the New York Stock Exchange. One in 10 belongs to a single company. It's not McDonald's or IBM, both of which have been on a tear.
NATIONAL GOVERNMENT
WASHINGTON (AP) – Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years.
WASHINGTON (AP) – The federal budget deficit fell sharply in January compared to a year earlier, as an improving economy lifts income tax revenue.
WASHINGTON (AP) – Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month. But, some economists remain concerned that the region's debt crisis will still weigh on the U.S. economy this year.
WASHINGTON (AP) – President Barack Obama is making a strong election-year push for an economic revival "built on American manufacturing." But he faces an uphill slog, with little consensus even within his own party on how to do it.
TECHNOLOGY
NEW YORK (AP) – Within just over a week, Netflix and Hulu are both debuting their first stabs at original scripted programming.