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VOL. 127 | NO. 48 | Friday, March 9, 2012

Former CN Chief Launches Academy

When E. Hunter Harrison speaks to the first class of the new leadership academy Friday, March 9, at the University of Memphis Intermodal Freight Transportation Institute, it will be the first step on a path to a different kind of front office.

Riding High

Despite changing retail trends, Wolfchase remains competitive destination

The traditional enclosed shopping mall is supposedly a retail relic, a throwback to the days when most consumer buying activity occurred behind bricks and mortar.

Tigers Step Closer to Title With Win

For the University of Memphis to lose to UTEP at home on Feb. 18, the Tigers had to blow a nine-point halftime lead. Which was exactly what they did en route to a still-amazing 60-58 loss.

Benz Repair Shop to Open On Cooper St.

A high-end automobile maintenance and repair shop soon will be added to Cooper-Young’s booming portfolio of local businesses.

Planning Commission Approves Schools Structure

The group drafting the blueprint for the structure of a new consolidated countywide school system approved a structure for that school system Thursday, March 8, that offers multiple options for school autonomy.

Local Weather
Today
Memphis, TN
77°F
Mostly Cloudy
Wind: 5 mph
Humidity: 79%

EVENTS

The Rotary Club of Memphis Central will meet Friday, March 9, from 11:45 a.m. to 1 p.m. at the Holiday Inn University of Memphis, 3700 Central Ave. The Southern College of Optometry’s Madeline Bost will speak about the student-run glasses donation program. Cost is $15 for nonmembers. For reservations, call Dick Wieland at 270-3778.

more events »

Health Care Reform on Tap At Next TDN Seminar

The health care industry is a vital economic driver in Memphis, where hospitals, health care providers and biotechnology companies employ one out of every seven workers.

Prosecution Rests in Fed Drug Trial

The prosecution in the Craig Petties drug organization trial rested in case in chief Thursday, March 8, after four weeks of testimony.

Three Shelter Workers Indicted For Animal Cruelty

The Memphis Police Department’s Organized Crime Unit usually uses undercover officers to work on drug cases.

Tax Hike Thorny Issue for Council

To some at City Hall, the plan at the end of the 2011 budget season for city government is unfolding as it should. To others, nothing in the plan approved by the Memphis City Council has happened.

MEMPHIS STANDOUT

Rattler Emanates Entrepreneurial Spirit

Shayna Rattler, president of Success Unlimited LLC, a coaching and consulting firm dedicated to helping entrepreneurs and executives grow their business, said she’s always had an entrepreneurial spirit.

SPORTS

Hollins’ Intensity Evident In Grizzlies’ Play on Court

Sooner or later, every conversation with Grizzlies coach Lionel Hollins comes back to his core basketball beliefs.

Conference USA Tourney Is Biz Time for City, Tigers

If the University of Memphis reaches the finals of the Conference USA Men’s Basketball Tournament on Saturday, FedExForum will be at full volume and full capacity.

Will Barton: Best Player America Doesn’t Know

Will Barton scans the college basketball landscape and doesn’t understand his national anonymity.

LOCAL COLUMNISTS

In a Word

A WORD ABOUT MEMPHIS. THREE, IN FACT. I’m paraphrasing a bit, but this was the gist of what they were asked:

More Ways to Help Black Colleges, Universities

Part two of a two-part series “Supporting leadership for life is not just a motto for us – we invest in it. Many of the schools were founded in local churches and that historic bond is a tremendous source of pride.”

STATEWIDE

Tenn. February Revenues Beat Projections by $23M

NASHVILLE (AP) – Tennessee revenue collections for the general fund beat expectations by $23 million in February.

STATE GOVERNMENT

Naifeh to Retire After 38 Years in House

NASHVILLE (AP) – Rep. Jimmy Naifeh announced Thursday that he won't seek re-election after 38 years in the House of Representatives, saying it's time to "pass the torch to the next generation of leaders."

NATIONAL BUSINESS

US Unemployment Applications Hover Near Low Levels

WASHINGTON (AP) – Slightly more Americans applied for unemployment benefits last week. But the overall level stayed low enough to suggest the job market is strengthening.

NATIONAL GOVERNMENT

House Passes Bipartisan Bill to Help Startups

WASHINGTON (AP) – Showing that they can on occasion work together, House lawmakers on Thursday overwhelmingly passed a package of bills making it easier for small businesses and startups to raise the capital they need to grow and hire new workers.

REAL ESTATE

Average Rate on 30-Year Mortgage Dips to 3.88 Pct.

WASHINGTON (AP) – Fixed mortgage remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped this week, while the 15-year loan fell to a new record low.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 43 12,074
MORTGAGES 0 78 15,834
FORECLOSURE NOTICES 39 39 3,168
BUILDING PERMITS 292 292 29,124
BANKRUPTCIES 3 100 11,771
BUSINESS LICENSES 0 18 4,292
UTILITY CONNECTIONS 0 190 17,922
MARRIAGE LICENSES 0 43 3,711

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