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VOL. 127 | NO. 89 | Monday, May 7, 2012
SPECIAL EMPHASIS: Education

‘Different Avenue’

Vocational-technical schools experience growth as learning alternative

Rudy Williams always knew she wanted to work in a hospital, but after a short stint in community college and a few years in the workforce, the path to her goal was looking like a long haul.

Students Take Hutchison Leads In Unexpected Directions

Mary Elizabeth Kakales has been grappling with school reform concepts like how to scale reforms so that they can prevail in different schools in different communities. And she has thought through teacher accountability standards.

Taylor Dedicated to Enriching Lives Of St. George’s Independent Students

When the people who know and work with Bill Taylor speak of him, they describe the president of St. George’s Independent School in a variety of ways.

Orgel’s Experience Helps Him Lead School Board

Billy Orgel was no stranger to the ways of an elected legislative body by last year when he was appointed to become a member of the countywide school board.

Local Weather
Today
Memphis, TN
57°F
Light Rain
Wind: 9 mph
Humidity: 87%

EVENTS

The Memphis Center City Revenue Finance Corp. will meet Tuesday, May 8, at 9 a.m. at the board’s office, 114 N. Main St. Call Andy Kitsinger at 575-0540 for details.

more events »

Redistrict Fight About More Than Map

Shelby County Commissioners begin a fourth effort Monday, May 7, at a redistricting plan that is five months overdue and counting.

Smith & Nephew Reports 3 Pct. Profit Growth

Smith & Nephew last week reported its net profit grew 3 percent in the first quarter, helped by an increase in revenue, profit and trading margins in the company’s Advanced Surgical Devices and Advanced Wound Management divisions.

Forum Addresses Latest HUD, Real Estate Trends

People who receive housing counseling before they borrow are much less likely to default. Research shows that 75 percent of at-risk homeowners who meet with U.S. Department of Housing and Urban Development housing counselors and attend loss mitigation programs won’t be foreclosed.

Triumph Bank Raises $12 Million in Capital

Memphis-based Triumph Bank has just completed a capital raise that’s bringing in slightly more than $12 million for the 6-year-old bank.

Planning Commission Moves Forward On Schools Merger

The schools consolidation planning commission is getting close enough to its goal of a plan for the merged school system that some members are now weighing how much political headroom to give the countywide school board.

GOVERNMENT AGENDA

Shelby County Commission Agenda

The Shelby County Commission will meet Monday, May 7, at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for a full agenda.

SMALL BUSINESS SPOTLIGHT

360 Photos Gives Companies Edge With Panoramic Tours

When people think of virtual tours, residential real estate typically comes to mind. Panoramic tours use a sequence of carefully assembled high-quality images stitched together, offering larger, clearer views, which makes the technology a valuable tool for real estate agents, who can offer potential buyers an in-depth look at property, regardless of their geographic location.

LOCAL COLUMNISTS

How to Avoid Getting Whacked

I recently read something interesting in a book titled “The Biology of Belief” by Bruce H. Lipton, Ph.D. In the chapter “Growth and Protection,” Dr. Lipton discusses how the human body generates and uses energy. Lipton is a cell biologist and for some reason, his comments about allocating energy to the various growth and protection systems of the body reminded me of the game Whac-A-Mole. Whac-A-Mole is a simple game. Moles constantly pop up through holes and you whack them with a mallet. Unfortunately, there are several holes, many moles and only one mallet.

THE MEMPHIS NEWS

Global Connections

Memphis in May International Festival honors the Philippines – a nation that boasts plenty of trade possibilities for local businesses

Although the Memphis in May International Festival is widely known for its Beale Street Music Festival and World Championship Barbecue Cooking Contest, the festival’s focus on developing international economic trade and fostering Memphis companies’ global business relationships remains central to its mission.

Memphis in May Symbolizes City

Japan was the first country honored by the Memphis in May International Festival.

Levitt Shell Opens Spring Season

The Levitt Shell opens its spring 2012 season with a kid-friendly schedule shift and an serendipitous focus on music and dance groups with roots in Africa. The new season will include as many free shows as the previous season, however they are spread out over a longer period of time, May 17 through July 1.

MEMPHIS AREA

International Paper to Invest $44M at La. Mill

BOGALUSA, La. (AP) – Louisiana Gov. Bobby Jindal's office said Friday that International Paper Co. is spending $44 million on new equipment and technology and other upgrades at its Bogalusa mill.

REGIONAL

Warm Winter, Higher Expenses Lead to Drop in TVA Revenue

ATLANTA (AP) — The Tennessee Valley Authority announced Friday it will seek to cut less than 1,000 positions as it faces a drop in electricity sales driven by an unusually warm winter and looming expenses, including an over-budget effort to finish building a nuclear reactor in Tennessee.

NATIONAL BUSINESS

Jobs Lost to Recession Trickle Back, But Wages Lag

WASHINGTON (AP) – U.S. job growth slumped in April for a second straight month. It suggested an economy that is growing steadily but still sluggishly, which could tighten the presidential race.

Yahoo CEO Faces Calls for Ouster After Inaccuracy

SAN FRANCISCO (AP) – Yahoo CEO Scott Thompson faces calls for his ouster after just four months leading the troubled Internet company because of inaccuracies with his academic credentials.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 41 41 17,762
MORTGAGES 70 70 23,138
FORECLOSURE NOTICES 14 14 4,532
BUILDING PERMITS 163 163 42,320
BANKRUPTCIES 50 50 16,741
BUSINESS LICENSES 14 14 5,795
UTILITY CONNECTIONS 113 113 25,287
MARRIAGE LICENSES 18 18 5,399

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