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VOL. 127 | NO. 231 | Tuesday, November 27, 2012

$3.5 Million McVay Station Begins

Three Class A speculative office buildings have broken ground in Germantown at McVay Road and Poplar Pike.

Volunteer State

Memphian gives back to community every day in November

Sarah Petschonek grew up with the importance of volunteering instilled in her by her parents.

Cash Puts Five Elementary Schools On List For Closing Consideration

Memphis City Schools superintendent Kriner Cash is proposing the countywide school board consider closing five elementary schools and turn Humes Middle School over to the state-run Achievement School District.

Election Commission Certifies Nov. 6 Vote Results

Shelby County Election Commissioners certified the results Monday, Nov. 26, of the Nov. 6 election.

Reardon Speaks Out Against City’s Approach to Housing

The University of Memphis professor leading the resistance to a still-forming plan to demolish the city’s last large public housing project says the city’s approach to transforming public housing since the late 1990s hasn’t worked.

Local Weather
Today
Memphis, TN
78°F
Fair
Wind: 6 mph
Humidity: 81%

EVENTS

Catholic Charities of West Tennessee will collect donations for its Gifts for God’s Children program as part of the #GivingTuesday campaign Tuesday, Nov. 27, from 6 a.m. to 6 p.m. at Homewood Suites at 5811 Poplar Ave., 3583 Hacks Cross Road and 7855 Wolf River Blvd. Visit ccwtn.org or call 722-4797.

more events »

Phoenix Home Entertainment in Running for Award

Memphis-based Phoenix Unequaled Home Entertainment is up for a prominent industry award, one that’s part of the Consumer Electronics Association’s Mark of Excellence System Integrator Awards program.

Cloud for Good Releases Synagogues Application

A Memphis-based startup company that harnesses the power of cloud computing technology to help nonprofits has released a new product aimed at synagogues.

REAL ESTATE RECAP

Rheumatology Clinic Buys Germantown Office Building

7660 Poplar Pike Germantown, TN 38138

LOCAL COLUMNISTS

More Ideas for Holiday Givebacks

Last week we spotlighted The Exchange Club Family Center, which is an organization focused on helping families and breaking the cycle of child abuse and neglect. Before we announce the topic for this week’s column, let us thank the hundreds of volunteers that came out on Saturday, Nov. 17, for the McKellar Lake Cleanup. More than 5,000 pounds of trash was removed from the area with 2,750 pounds being recycled. Now it is time to explore a few ways we can give back using holiday cards, honorariums and unwrapped toys.

Economic East vs. West

Yin and Yang Since Election Day, stock indices have fallen sharply, reflecting the Washington non-consensus. As we enter another legislative sausage session, investors can’t help but recall the 20 percent drawdown that marked the last high-stakes negotiation.

NATIONAL GOVERNMENT

White House: Tax Hike Threat Could Hurt Retailers

WASHINGTON (AP) – White House economists warned Monday that the uncertainty of a potential hike in taxes next year for middle class taxpayers under the looming fiscal cliff could hurt consumer confidence during the crucial holiday shopping season.

Supreme Court: Who Counts as a Supervisor?

WASHINGTON (AP) – When does your coworker also count as your supervisor? The Supreme Court may make a final decision on whether to draw a legal line between work colleagues and work managers, at least when it comes to harassment and retaliation claims.

Securities and Exchange Official Elisse Walter Chosen to Lead Agency

WASHINGTON (AP) – President Barack Obama has chosen Elisse Walter, one of five members of the Securities and Exchange Commission, to head the agency. Chairman Mary Schapiro will leave next month after a tumultuous tenure in which she helped lead the government's regulatory response to the financial crisis.

HEALTH CARE

Report: Obama Health Law a Good Deal for States

WASHINGTON (AP) – A new report says states can receive more than $9 in federal money for every dollar they spend to cover low-income residents under President Barack Obama's health care law.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 180 11,618
MORTGAGES 81 223 15,202
FORECLOSURE NOTICES 21 68 2,979
BUILDING PERMITS 0 392 27,646
BANKRUPTCIES 90 218 11,180
BUSINESS LICENSES 26 63 4,101
UTILITY CONNECTIONS 99 422 16,906
MARRIAGE LICENSES 19 62 3,526

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