VOL. 127 | NO. 97 | Thursday, May 17, 2012
The Memphis-Shelby County Airport Authority unveiled and approved an incentive plan Thursday, May 17, of up to $1 million to attract competing air service at Memphis International.
Saint Francis unveils rebranded, updated Heart & Vascular Center
To reflect its comprehensive line of services, the former Cardiac Care Center at Saint Francis Hospital-Memphis has been renamed The Heart & Vascular Center.
Shelby County Commissioner Mike Ritz said municipal school districts could cost suburban towns and cities much more in expenses and taxes than initially estimated.
The Memphis-Shelby County Airport Authority will hear additional details at its Thursday, May 17, board of commissioners meeting about using InterVISTAS Consulting Group to develop more affordable and robust air service at Memphis International Airport.
This week’s discussion by the Memphis City Council about raising the hotel-motel bed tax sprouted wings and was bound early on for the much larger and emotional topic of high airfares at Memphis International Airport.
After 16 years, Stephen Shankman is leaving his post as federal public defender. He sent his notice to the U.S. Sixth Circuit Court of Appeals in Cincinnati earlier this month saying he wants to opt out of another possible appointment by the appeals court to a new four-year term.
Certified public accounting advisory group Dixon Hughes Goodman LLP may have eight industry practices in which it advises clients, but its real estate and manufacturing and distribution divisions are beginning to see the light at the end of the post-recession tunnel.
MEMPHIS LAW TALK
Leigh-Taylor White, an attorney with Shea Moskovitz & McGhee, didn’t always know she wanted to be a lawyer.
LOCAL COLUMNISTS
Ray’s Take Teaching kids the value of saving money is a tough sell. They are usually anxious to spend any cash they get, often on the first thing they see. Not only are you encouraging them to save, you also have to teach them to rein in impulse spending.
Near the end of a short essay, “El Dorado,” published in 1881, Robert Louis Stevenson wrote, “… to travel hopefully is a better thing than to arrive ….” (Hint: The essay is not about travel at all. It’s about life.)
STATE GOVERNMENT
NASHVILLE (AP) – Tennessee is one of six states that will share in more than $181 million in federal health care grants.
NATIONAL BUSINESS
NEW YORK (AP) – Insiders and early Facebook investors are taking advantage of increasing investor demand and selling more of their stock in the company's initial public offering, the company said Wednesday.
NEW YORK (AP) – Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss.
WASHINGTON (AP) – Maybe the U.S. economy's strength this winter wasn't just weather-related after all.
NATIONAL GOVERNMENT
WASHINGTON (AP) – FBI Director Robert Mueller said Wednesday the bureau has launched a preliminary investigation of JPMorgan Chase & Co. following a $2 billion trading loss at the bank.
WASHINGTON (AP) – Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.
REAL ESTATE
U.S. builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered housing market is healing.