VOL. 127 | NO. 42 | Thursday, March 1, 2012
Medtronic Inc.’s weak third quarter Spinal sales reported last week reignited speculation that the global medical device giant could eventually sell its Memphis-based Spinal & Biologics Business.
Cates touts robust industrial market as way for city to compete
When people think of Memphis, they might picture an aerial shot of Downtown – skyscrapers, The Pyramid and all.
Grizzlies Coach Lionel Hollins bravely sent rookie backup point guards Josh Selby and Jeremy Pargo into the game … with 25 seconds left in what would be a 96-85 Grizzlies victory over the Dallas Mavericks on Wednesday, Feb. 29, at FedExForum.
MEMPHIS (AP) – The Memphis Grizzlies wanted to make sure they maintained the momentum they had before the All-Star break.
MEMPHIS (AP) – A new exhibit chronicling Elvis Presley's influence on pop music performers has opened at Graceland in Memphis.
Now that the state’s Achievement School District has named the three Memphis City Schools in which it will run charter schools and three others that will be run by the state as neighborhood schools, the move to a swift transition by August begins.
“The Little Engine that Could” may be the perfect metaphor for Shelby County Books from Birth, a program that sends a new, age-appropriate book each month, at no cost, to all enrolled children from birth to age 5.
Dana Bradley remembers the day he went to work for the Craig Petties drug organization.
MEMPHIS LAW TALK
Christopher Lamberson, a new addition to the management committee at Glankler Brown PLLC, got interested in pursuing law as a career in a roundabout way.
LOCAL COLUMNISTS
Ray’s Take If you haven’t started taking care of your federal income tax filing with the IRS, it’s time to get a move on: April 15th seems to come around awfully quick. But, while you’re hustling to get your paperwork in order, keep in mind that there’s actually some good news for 2012 when it comes to income taxes.
A couple of weeks ago, I devoted almost an entire column to one item of viewer mail. No one complained, so I might as well do it again. Less than a week after hearing from Carole Hanna of Memphis, I heard from Daphine Craig:
STATEWIDE
NASHVILLE (AP) – Hotel booking websites including Priceline, Travelocity, Expedia and Orbitz have prevailed against more than a hundred Tennessee counties and municipalities in a legal fight over hotel tax collections.
STATE GOVERNMENT
NASHVILLE (AP) – A report from state lottery officials showing record sales is reason to table legislation that would cut some students’ lottery scholarships in half, Democratic leaders said Wednesday, Feb. 29.
REGIONAL
JACKSON, Miss. (AP) – Memphis-born actor Morgan Freeman and his business partner, lawyer Bill Luckett, are ending their 10-year run as owners of Clarksdale’s Madidi Restaurant, an upscale establishment in the heart of the Mississippi Delta.
NATIONAL BUSINESS
NEW YORK (AP) – The price of gas has jumped 45 cents since Jan. 1 and is the highest on record for this time of year, an average of $3.73 a gallon. On Wall Street, talk has turned from the European debt crisis to another worry: Will higher gas prices derail the economic recovery?
NATIONAL GOVERNMENT
WASHINGTON (AP) – The U.S. economy started the year off well with busier factories, higher retail sales, more jobs and growth in home sales.
WASHINGTON (AP) – The travel industry is promising to create nearly 3,000 jobs for veterans and military spouses by 2014 as part of a program announced Wednesday by Michelle Obama.
REAL ESTATE
WASHINGTON (AP) – Mortgage giant Fannie Mae said Wednesday that it lost money in the fourth quarter and is asking the federal government for nearly $4.6 billion in aid to cover its deficit.
TECHNOLOGY
NEW YORK (AP) – Apple's market capitalization topped $500 billion Wednesday, climbing to a mountain peak where few companies have ventured – and none have stayed for long.
NEW YORK (AP) – Facebook is unveiling new advertising offerings designed to help the world's biggest brands spread their message on the world's largest online social network.