VOL. 127 | NO. 88 | Friday, May 4, 2012
International Paper’s acquisition of Temple-Inland Inc. of Austin, Texas, is going smoother than anticipated, according to IP CEO John Faraci.

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.
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.
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.
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.
The Design Review Board of the Downtown Memphis Commission has approved the cobblestone river landing project tentatively set to start work sometime this fall.
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
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
“We gave this game away,” Rudy Gay said. “We got too casual and comfortable,” said O.J. Mayo.
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
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.
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
Here is a list of some of the legislation that has been approved by the Legislature this year:
Here is a list of some of the legislation that failed in this year's legislative session:
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.
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
FRIDLEY, Minn. (AP) – Medtronic Inc. is restructuring its cardiac rhythm disease management division and is laying off about 220 workers.
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.
NEW YORK (AP) – Americans' spending – much like the economy – continues to yo-yo.
REAL ESTATE
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
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.