VOL. 127 | NO. 63 | Friday, March 30, 2012
More than 200 positions – including 68 in Memphis – have been identified as “redundant” as a result of the combination of Memphis-based Morgan Keegan & Co. Inc. with St. Petersburg, Fla.-based Raymond James Financial Inc.

US Airways’ new nonstops to D.C. reverse trend of cuts at MEM
The Delta Air Lines Inc. employees were busy with customers near concourse B at Memphis International Airport.
The Plough Foundation has awarded a $1.7 million grant to the Memphis Talent Dividend College Attainment Initiative, whose purpose is to increase the number of college graduates in the Memphis metropolitan area by 1 percent over the next five years.
As the Tennessee House education subcommittee was meeting in Nashville Wednesday, March 29, it was where most of those involved in the local schools reformation saga were focusing their attention.
Multiple properties in the Memphis area have traded hands as a result of an auction held by Crye-Leike Auction Services in February.
A bill in the Tennessee Legislature to lift the statewide ban on creating municipal school districts is moving as the legislative session nears an end.
Pinnacle Airlines Corp. has named Anthony D. McDuffie the “principal accounting officer” of the Memphis-based regional air carrier.
Going from a centralized to a decentralized school system doesn’t mean less work for a school system. It just means a different kind of work.
MEMPHIS STANDOUT
Editor’s note: This is the second in a six-part series on entrepreneurs in the current round of Seed Hatchery’s “cohort” boot camp.
SPORTS
Ideally, there is never any mystery about the name of your best player or the name of your second-best player: see Chicago Bulls and 1) Michael Jordan; 2) Scottie Pippen; and 3) Everybody Else.
If this column had a warning label, it would read as follows: “Do not take on an empty stomach, may cause nostalgia. Do not take if obsessed with Blake Griffin dunking over a car, may cause drowsiness.”
LOCAL COLUMNISTS
STANDING FOR HISTORY. She’s tall and proud, sole representative of an all-but-forgotten people, standing alone where hundreds once lived in a village, where thousands once thrived in a nation. She nobly bears the weight of the loss of all of that, wrapped in skins against the lonely chill of that, and in images of all that has come to pass since her time. Silently and beautifully, she tells her story.
Part three of a three-part series Taxation, financial management and gift acceptance are three topics we discussed with Memphis attorney Van Turner, a partner in the law firm Brittenum Bruce PLLC.
We live in an interesting time: Facebook and Twitter, economic crises and polarizing political debate. Every day there is something controversial to read about. Our children are exposed to the world earlier, and the importance of their actions – and ours – is being scrutinized. In such an incredibly confusing time to grow up, Girl Scouts have become more relevant than ever.
STATE GOVERNMENT
NASHVILLE (AP) – A bill that puts new restrictions on doctors who perform abortions is intended to make it more difficult for women to get the procedure in Tennessee, opponents of the legislation said Thursday.
NATIONAL BUSINESS
WASHINGTON (AP) – The U.S. economy grew at an annual rate of 3 percent in the final three months of 2011, the best pace in a year and a half. But that growth has likely slowed in the current quarter.
NATIONAL GOVERNMENT
WASHINGTON (AP) – The government has lost roughly $50 million on its sale of stock in six small banks bailed out in the 2008 financial crisis. But the Treasury Department says the three-year investment was profitable after counting dividends and investments.
WASHINGTON (AP) – Congress has passed a stopgap three-month bill to keep federal highway and transit aid flowing and avoid a widespread shutdown of construction projects.
REAL ESTATE
WASHINGTON (AP) – The average U.S. rate on the 30-year fixed mortgage fell back below 4 percent this week, staying near historic lows.