VOL. 127 | NO. 104 | Monday, May 28, 2012
The gap between expenses and revenues for a countywide school system that debuts in August 2013 is estimated at $89 million by the group that is planning what the school system will look like and how it will operate.
MAAR Commercial Council raises money for Make-A-Wish Foundation
Make-A-Wish Foundation of the Mid-South plans to grant 220 wishes to children with life-threatening medical conditions this year.
The Downtown Memphis Commission unanimously approved to hire Nashville-based North Star Destination Strategies to help in the organization’s South Main branding campaign at its monthly board meeting Friday, May 25.
Memphis-based FedEx Corp. is buying its authorized FedEx representative in Brazil to become part of FedEx Express.
In Shelby County Trustee David Lenoir’s opinion, too many people have been “ingrained” with the notion that government is always the solution to community problems.
The Memphis City Council begins talking seriously Tuesday, May 29, about at least four budget proposals already forwarded by individual council members and possibly more to be unveiled at a council budget committee session.
The countywide school board is about to get started on the question of who will be the superintendent of the consolidated school system to come in August 2013.
If Facebook groups are any indication, the discussion about high airfares at Memphis International Airport is intensifying.
SMALL BUSINESS SPOTLIGHT
Mahaffey Tent & Party Rentals is one of only two Memphis companies recently named to the 2012 Inner City 100, a list of the fastest-growing inner city companies in the United States.
REAL ESTATE RECAP
1385 Appling Road, Cordova, TN 38016, Sale Total: $26.4 million (27 TIC sellers) -
The 312-unit Appling Lakes at Cordova Club apartment complex has been sold for $26.4 million by tenants-in-common investors who bought it in 2005 for $26.9 million.
LOCAL COLUMNISTS
If you take the time to read about the German writer, artist, biologist, physicist, and all-around highly productive guy Johann Wolfgang von Goethe, you will find that he accomplished quite a bit during his 80-plus years on the planet Earth. And since he lived in the late 1700s and early 1800s, he did it all without a cell phone, iPad, Bluetooth, spell check or any of our modern technological conveniences and so-called necessities.
Last week we spotlighted the upcoming public celebration, National Cancer Survivors Day, along with the Ovarian Cancer Awareness Foundation, which is working to encourage national awareness about ovarian cancer and to promote education about the disease. Inspired by a recent visit from Daymond John, this week let us discuss a few topics from his presentation that we can carry forward for our city.
THE MEMPHIS NEWS
The economics of gas prices extend far past the pump
If the political ads along these lines haven’t already started by the time this story is printed, don’t worry. They’ll arrive soon enough.
When it comes to the price of gas, one thing seems clear: high gas prices are here to stay in the long run.
The Memphis Brooks Museum of Art spent last summer taking an extensive look at French Impressionism, but this year it looks closer to home.
REGIONAL
JACKSON, Miss. (AP) – The Mississippi Supreme Court ruled Thursday in two cases that legal fees paid to private lawyers to represent the state are public funds.
LITTLE ROCK, Ark. (AP) – Hours after a judge ordered a new trial in a dispute about a $1 million lottery ticket, lawyers for the Arkansas woman who plucked the ticket from the trash said they want the judge to take himself off the case.
NATIONAL BUSINESS
NEW YORK (AP) – What defines sugar? It's getting to be a stickier question.
NEW YORK (AP) – Bank of America Corp. and Barclays Bank PLC are selling their stake in the apartment building owner Archstone to Lehman Brothers Holdings Inc.'s bankruptcy estate for $1.58 billion.