VOL. 127 | NO. 234 | Friday, November 30, 2012
The building blocks keep snapping into place for what’s becoming a solid foundation for Memphis’ entrepreneurial and startup communities.

Downtown Memphis seeing more cruise business
From Thanksgiving through the first full week in December, four overnight cruise boats will have docked at the Memphis riverfront.
Countywide school board members voted Thursday, Nov. 29, to begin the process of considering the closing of four elementary schools in western Memphis and the conversion of two other inner city schools in what amounts to a move to compete with the Achievement School District.
Independent Bank has expanded its headquarters at I-Bank Tower to primarily accommodate its Mortgage Lending Division.
Construction is barreling forward on the Paul Lowry Road project, which will provide better access to the Frank C. Pidgeon Industrial Park south of Downtown.
MEMPHIS STANDOUT
Dr. Kevin J. Stamps opened the doors to his new practice, Memphis Pediatric Heart PLLC, two months ago, and his decision to form his own private clinic, as opposed to following the trend of aligning with a hospital group, boiled down to two major factors.
Joe McDuffie was just another fan in a Kobe jersey, glancing around FedExForum and pointing out patches of purple and gold.
I’ve closed my home office to University of Memphis athletics director Tom Bowen, coach Josh Pastner, and the entire Tiger basketball team.
LOCAL COLUMNISTS
TEACHERS, NOT SCHOOLS, TEACH. If you’re wondering how many pieces of notebook paper it takes to produce a truly impressive spitball, it’s 10, give or take.
Part one of a two-part series on year-end fundraising. Just in case you don’t know, the year-end is upon us. Christmas. Hanukkah. New Year’s Eve. This is also the time nonprofits roll out “year end” fundraising campaigns. Many started a few days before Thanksgiving. Or earlier.
NATIONAL BUSINESS
NEW YORK (AP) – The future of Twinkies is virtually assured.
WASHINGTON (AP) – The number of Americans seeking unemployment benefits fell 23,000 to a seasonally adjusted 393,000 last week. It was the second straight drop after Superstorm Sandy had driven applications much higher earlier this month.
WASHINGTON (AP) – The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in the final months of the year because of the impact of Superstorm Sandy and uncertainty about looming tax increases and government spending cuts.
NEW YORK (AP) – Black Friday was no match for Sandy.
NEW YORK (AP) – Ducking into a dollar store to pick up some a soda and bag of cookies might save you time and effort, but will you save any money?
REAL ESTATE
WASHINGTON (AP) – An index measuring the number of Americans who signed contracts to buy homes in October jumped to nearly its highest level in almost six years. Steady job gains and record-low mortgage rates have made home buying more attractive.