VOL. 127 | NO. 92 | Thursday, May 10, 2012
The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

Neighbors Schwartz, Cates open sewing shop Sew Memphis in Cooper-Young
Entrepreneurs by nature are risk-takers, and two Midtown neighbors-turned-business partners are the latest evidence.
Shelby County home sales in April saw little change year over year, and more than half of total sales were valued at $100,000 or less.
Nurses across the nation this week are being honored in their communities for dedication to the profession that’s consistently ranked as the most trusted in the nation.
In the run-up to this month’s U.S. Justice Department report on Memphis-Shelby County Juvenile Court, the most animated discussions between the attorneys from the Justice Department’s Civil Rights Division and those at Juvenile Court were about state law.
The manager of the Electrolux North America plant in L’Assomption Quebec, Canada, will be the plant manager at the new Electrolux North American cooking products manufacturing plant in Memphis.
MEMPHIS LAW TALK
Adam Eckstein had been clerking for two years with Tennessee Supreme Court Justice Janice Holder and was interviewing with various law firms, including several in Memphis that seemed like places where he could see himself working.
LOCAL COLUMNISTS
Ray’s Take While I don’t like debt – especially credit card debt – I do realize that credit cards are a necessary tool today. This means part of raising your kids to be responsible adults requires teaching them how to use credit cards the right way; by teaching them to control their spending and pay off their credit card each month, on time and in full. I have seen an extraordinary amount of pain and suffering result from a lack of understanding of credit cards.
Asked to participate with other judges at a program, I was told my topic would be dress codes in court. Word must have gotten out that I once found a guy in contempt for appearing in front of me wearing a shirt with the M-F word on it. During an hour in lock-up, the guy purged himself of contempt by turning the shirt inside out.
REGIONAL
HELENA-WEST HELENA, Ark. (AP) – Arkansas Attorney General Dustin McDaniel says a state senator unhappy with the way his district lines were drawn threatened to work against McDaniel's potential bid for governor if the boundaries weren't reworked.
NATIONAL BUSINESS
WASHINGTON (AP) – U.S. wholesalers increased their stockpiles more slowly in March after seeing less growth in sales.
ATLANTIC CITY, N.J. (AP) – The nation's commercial casinos continued their slow-but-steady comeback from the recession last year, with revenues up 3 percent nationwide and jobs holding nearly steady, according to a report released Wednesday.
REAL ESTATE
LOS ANGELES (AP) – The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months of this year to the lowest level since 2009, according to a new report.
WASHINGTON (AP) – U.S. mortgage giant Fannie Mae reported its first net income gain since it was taken over by the government during the 2008 financial crisis.