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VOL. 127 | NO. 88 | Friday, May 4, 2012

IP CEO Talks Global Outlook

International Paper’s acquisition of Temple-Inland Inc. of Austin, Texas, is going smoother than anticipated, according to IP CEO John Faraci.

Enriching Experience

Germantown Performing Arts Centre blends entertainment, education

In addition to having surpassed its ticket sale goals for the 2011-2012 season that just ended, Germantown Performing Arts Centre continues to expand its arts outreach efforts to youth and adults throughout the Memphis area and beyond.

New Owner For Bartlett Car Wash Property

A former car wash site in Bartlett has traded hands. Nyan Jaf acquired the 0.71-acre lot at 5960 Summer Ave. from Mr. Carwash LLC for $65,000.

Planning Commission Recommends Outsourcing Schools Custodians and Buses

The schools consolidation planning commission is recommending that the merged school system outsource custodial work at schools as well as bus transportation for students to private companies.

Students at Heart of Coley’s Legislative Work

It was a year of turmoil in American history and a turning point in the life of one junior student at Messick High School in Memphis.

Local Weather
Today
Memphis, TN
76°F
Partly Cloudy
Wind: 3 mph
Humidity: 69%

EVENTS

In-Synk will host a business book review Friday, May 4, from 8 a.m. to 9 a.m. in the Triumph Bank board room, 5699 Poplar Ave. The book is “What Got You There Won’t Get You There” by Marshall Goldsmith. Visit in-synk.com for details.

more events »

DRB Approves Cobblestone Work

The Design Review Board of the Downtown Memphis Commission has approved the cobblestone river landing project tentatively set to start work sometime this fall.

MED Forms Committee to Examine Minority-Owned Biz Dealings

The board governing The Regional Medical Center at Memphis has formed an ad hoc committee to review and make recommendations regarding the amount of business the hospital conducts with minority-owned companies.

MEMPHIS STANDOUT

Childs-Potter’s Venture Aims to Connect People

In a world where technological advancement means people find themselves increasingly connected to each other and to information in a rowdy immersion of content and community, let us pause to consider the hyphen.

SPORTS

Memphis Responds With Trademark Grit, Grind

“We gave this game away,” Rudy Gay said. “We got too casual and comfortable,” said O.J. Mayo.

Grizz Back On Track In ‘Fun’ Series

Now that the Grizzlies and Los Angeles Clippers are tied 1-1 in their first-round playoff series, let’s look at what we know for sure.

LOCAL COLUMNISTS

Attaboy, Jimmy

AND STRAIGHT ON TILL MORNING. Last week, Peter Pan was laid to rest. They came from all over Memphis, his Never Never Land and reality for everybody else, to overflow Midtown’s majestic Idlewild Presbyterian Church.

Are Websites Still in Vogue?

In the world of Facebook and Twitter we sometimes forget the value of the trusted website. Can’t we say it all in 140 characters? Or a photo? Will the website go the way of the covered wagon?

STATE GOVERNMENT

A Look at Bills Passed by Tenn. Lawmakers in 2012

Here is a list of some of the legislation that has been approved by the Legislature this year:

A Look at Failed Legislation Considered in 2012

Here is a list of some of the legislation that failed in this year's legislative session:

Haslam to Veto College Discrimination Policy Bill

NASHVILLE (AP) – Republican Gov. Bill Haslam said Wednesday he would veto a measure that tried to force Vanderbilt University to exempt student religious groups from its nondiscrimination policy. It would be his first veto since taking office in 2010.

Haslam Won't Sign Foreign Charter School Limits

NASHVILLE (AP) – Gov. Bill Haslam will allow a bill that limits the number of foreign workers at charter schools to become law without his signature, the Republican announced Wednesday.

NATIONAL BUSINESS

Medtronic Laying Off 220 Minn. Workers

FRIDLEY, Minn. (AP) Medtronic Inc. is restructuring its cardiac rhythm disease management division and is laying off about 220 workers.

US Applications for Unemployment Aid Drop Sharply

WASHINGTON (AP) – The number of people seeking unemployment benefits fell last week by the most in nearly a year. The figure was a hopeful sign that hiring could pick up in coming months.

April Retail Sales Worst Since 2009

NEW YORK (AP) – Americans' spending – much like the economy – continues to yo-yo.

REAL ESTATE

US Rate on 30-Year Mortgage Hits Record 3.84 Pct.

WASHINGTON (AP) – Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week, offering more incentive for Americans to buy or refinance homes.

HEALTH CARE

Medicare Disruptions Seen if Health Law is Struck

WASHINGTON (AP) – Medicare's payment system, the unseen but vital network that handles 100 million monthly claims, could freeze up if President Barack Obama's health care law is summarily overturned, the administration has quietly informed the courts.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 67 156 11,921
MORTGAGES 77 227 15,577
FORECLOSURE NOTICES 15 57 3,080
BUILDING PERMITS 222 606 28,832
BANKRUPTCIES 82 210 11,517
BUSINESS LICENSES 23 73 4,228
UTILITY CONNECTIONS 87 339 17,522
MARRIAGE LICENSES 18 61 3,625

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