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VOL. 127 | NO. 61 | Wednesday, March 28, 2012

Jason Baldwin Part of U of M Law Event

Jason Baldwin has been a free man for about seven months. To understand how dramatically the life of Baldwin, of the West Memphis Three, has changed since then, he’s currently planning to go to law school.

Hotel Upgrade

Chicago group renovates Brooks inn

Jay Michael and his business partners in Chicago were interested in a portfolio of apartment buildings in Chicago going up for auction in 2010 when they came across a hotel in Memphis in the grouping.

McKesson VP: ‘Slow Walk’ Cost City $135M Plant

Doug Pace, vice president of operations for McKesson Corp., came to East Memphis to talk about the quality of employees at the company’s Memphis redistribution center and how its new plant is coming along in Olive Branch.

Memphis Investment Firm Gets All-Clear From SEC

Despite getting a formal alert from the U.S. Securities and Exchange Commission in 2009 that the federal agency might bring a civil enforcement action against the firm, Memphis-based investment firm Consulting Services Group has now been told by an SEC regional office that no such action will be forthcoming.

Elvis Fans Targeted for May Tour to Israel

MEMPHIS (AP) – Elvis Presley Enterprises is sponsoring a tour of the Holy Land, which will take Elvis fans to Israel May 12-21.

Local Weather
Today
Memphis, TN
73°F
Cloudy
Wind: 5 mph
Humidity: 71%

EVENTS

Talk Shoppe will present the seminar “Mastermind Principle: Based on the Book Think and Grow Rich by Napoleon Hill” Wednesday, March 28, from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

more events »

Gay, Cunningham Lead Grizzlies Over Wolves

MEMPHIS (AP) – Rudy Gay scored 21 points, Dante Cunningham added season highs of 13 points and 14 rebounds, and the Memphis Grizzlies beat the Minnesota Timberwolves 93-86 on Tuesday night.

Study: Black Women More Likely to Die From Breast Cancer

African-American women in Memphis are more than twice as likely to die from breast cancer as their white counterparts, according to a study released last week.

Commission’s Redistricting Battle Moves to Court Decision

There will be no fourth try at a redistricting plan by the Shelby County Commission. The issue will be decided by Shelby County Chancellor Arnold Goldin probably sometime in mid-May.

Speak Creative, Memphis Zoo Team Up With App Launch

Animal, music and barbecue lovers behold – there’s an app for that.

MEMPHIS NEWSMAKERS

Burton Promoted to PR Manager at inferno

Ashley Burton has been promoted to public relations manager at inferno. Burton joined the agency in 2005 and most recently served as a public relations account executive.

LOCAL COLUMNISTS

Viral Bug Bites Big Brands, Startups Alike

Global brands, fledgling startups and nonprofits alike are embracing viral marketing, an electronic form of buzz marketing. It’s where your message passes from person to person without your direct involvement – the technological equivalent of word of mouth.

Economy Equal Parts Doubt, Enthusiasm

Chimerican Direction Markets fell back from multi-year highs last week as the recovery in expectations since August of last year may have finally eclipsed reality. While the global economic statistics show pockets of strength, they also show pockets of weakness. Add to that shifting balance the unforeseen Iran premium in the price of oil, and the recent bias favors preservation rather than accumulation.

STATE GOVERNMENT

Medical Marijuana Bill Advances in Tenn. House

NASHVILLE (AP) – A proposal to legalize medical marijuana is advancing in the state House.

Effort to Repeal Voter ID Law Fails in Tenn. Senate

NASHVILLE (AP) – A proposal to repeal Tennessee's new voter ID law has stalled in the Legislature after being killed by a Senate panel on Tuesday.

NATIONAL BUSINESS

BGC Gets Court OK on Grubb & Ellis Acquisition

NEW YORK (AP) BGC Partners Inc. said Tuesday that it has received bankruptcy court approval for its acquisition of Grubb & Ellis Co. and plans to complete the buyout shortly.

American Airlines Seeks to Cancel Labor Contracts

DALLAS (AP) – American Airlines is asking a bankruptcy judge to break its union contracts and impose cost-cutting terms on workers.

NATIONAL GOVERNMENT

Congress Sends Startup Investment Bill to Obama

WASHINGTON (AP) – Despite warnings that less government oversight might mean more investment scams, Congress on Tuesday sent President Barack Obama legislation he endorsed making it easier for startups to raise capital without running afoul of federal regulations.

FTC Seeks Laws On Data Brokers

NEW YORK (AP) – The Federal Trade Commission is calling for legislation that would give citizens access to the information that commercial data brokers store about them.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 218 10,440
MORTGAGES 91 293 13,620
FORECLOSURE NOTICES 25 68 2,712
BUILDING PERMITS 0 393 24,700
BANKRUPTCIES 62 184 10,076
BUSINESS LICENSES 25 62 3,798
UTILITY CONNECTIONS 90 338 14,895
MARRIAGE LICENSES 10 68 3,235

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