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VOL. 127 | NO. 224 | Thursday, November 15, 2012

TruGreen Saps ServiceMaster’s Quarter

The ServiceMaster Co. announced a third-quarter operating loss of $724 million Wednesday, Nov. 14.

New Business Avenues

Etsy provides entrepreneurs additional path to success

Kent and Loda Hatcher of Germantown are corporate refugees. Three-and-a-half years ago, they decided to put aside their careers in project engineering and customer service and journey into what they considered uncharted territory.

This Den of Grizzlies Players Doesn’t Bluff

They were three words that were perfect for summing up Zach Randolph. Three words that were perfect for describing the Memphis Grizzlies seven games into this NBA season.

Schools Case Attorneys Talk Mediation

Mum is the word after attorneys in the federal court municipal schools lawsuit conferred by phone Thursday, Nov. 15, for a second day about a possible mediation effort in the case.

Expert: Retail’s Future is in Industrial

While there’s a ton of vacancy in Memphis shopping centers that should never have been built, there’s very little vacancy in quality product.

Local Weather
Today
Memphis, TN
81°F
Fair
Wind: 13 mph
Humidity: 47%

EVENTS

The Memphis Chapter of The Association of Fundraising Professionals will hold its National Philanthropy Day Crystal Awards Luncheon Thursday, Nov. 15, at 11 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Visit afpmemphis.org.

more events »

Kroc Center on Target for January

The Salvation Army Ray and Joan Kroc Corps Community Center is on track to open in January, almost two years after its groundbreaking.

Memphis Charter School Growth Ranks Nationally

The National Alliance for Public Charter Schools ranks Memphis City Schools as having the ninth-highest growth rate for charter school enrollment in the country.

Ben F. Jones Law Chapter Chooses Officers

The Ben F. Jones chapter of the National Bar Association has tapped new officers and board members for 2013. And the group’s president-elect talks about the group’s work in a way that heralds a continuing service to the Memphis community.

Project GRAD Could be High School Answer

The Achievement School District’s first venture into high school education in Memphis with the 2012-2013 school year would be a new school as an option for those in 15 Memphis high schools.

MEMPHIS LAW TALK

Blaylock Honored as Fellow in Memphis Bar Foundation

David Blaylock grew up in Smalltown, America. Oxford, Miss., to be exact, on the historic square in his father’s shop, Blaylock Drug Store, the current home of Square Books.

LOCAL COLUMNISTS

Think Twice to Stop Impulse Buying

Ray’s Take We all know that impulse spending can put you in massive debt and destroy your chances of reaching other financial goals. However, we still do it. It’s easy to say, “Think of your long-term financial plan” when confronted with temptation, but that’s not always easy to do.

Sunscreen and Then Some

“Wear sunscreen. If I could offer you only one tip for the future, sunscreen would be it. The long-term benefits of sunscreen have been proved by scientists, whereas the rest of my advice has no basis more reliable than my own meandering experience.” Thus wrote Mary Schmich in her Chicago Tribune column, June 1, 1997.

Companies Should Guard Against Violence, Fraud

A recent Department of Justice, Bureau of Justice Statistics’ publication on Workplace Violence reported more than 572,000 nonfatal violent crimes – rape, robbery or assault – occurred while people were at work or on duty in 2009.

NATIONAL BUSINESS

Fuller Picture of Poverty: 49.7 Million Poor People in US

WASHINGTON (AP) – A different way of calculating America's poor by taking into account medical costs and work-related expenses finds a higher total than the government's official count.

US Wholesale Prices Fell 0.2 Percent in October

WASHINGTON (AP) – Wholesale prices fell in October as a big drop in gasoline and other energy prices offset a rise in the cost of food.

NATIONAL GOVERNMENT

Fed Minutes Suggest New Bond-Buying Plan is Likely

WASHINGTON (AP) – The Federal Reserve will likely announce a new bond buying program in December to try to spur job growth.

Republicans Grill FDA Chief on Meningitis Outbreak

WASHINGTON (AP) – Republican lawmakers challenged the country's top medical regulator Wednesday to explain why her agency did not take action sooner against the specialty pharmacy at the center of a deadly meningitis outbreak.

HEALTH CARE

Obama Pressing Business and Labor on Fiscal Cliff

WASHINGTON (AP) – In a challenge to Republicans, President Barack Obama urged Congress on Wednesday to extend expiring tax cuts immediately for all but the highest income earners as a way to eliminate half of the so-called fiscal cliff that threatens to send the economy back into recession.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 312 10,190
MORTGAGES 103 400 13,275
FORECLOSURE NOTICES 0 60 2,598
BUILDING PERMITS 221 783 24,307
BANKRUPTCIES 72 299 9,832
BUSINESS LICENSES 39 110 3,713
UTILITY CONNECTIONS 129 519 14,482
MARRIAGE LICENSES 13 81 3,144

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