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VOL. 127 | NO. 191 | Monday, October 1, 2012
SPECIAL EMPHASIS: Education

McDonald’s Message

Former Catholic Diocese superintendent takes education consulting nationwide

It has been a whirlwind for Dr. Mary McDonald since the end of June when she left as the superintendent of schools for the Catholic Diocese of Memphis. Just in September, she spent some 20 days on the road.

LeMoyne-Owen College Turns Corner at 150 Years

On a beautiful late summer day this month, students and faculty at LeMoyne-Owen College broke ground on a new residence hall that just five years ago would have held much of the school’s total enrollment.

Harding Academy Renews Focus as School Turns 60

Harding Academy of Memphis celebrates its 60th anniversary this year with a renewed focus on its main campus in East Memphis on Cherry Road.

Schools Case Stretches Into 2013

By his count, Memphis federal court Judge Samuel “Hardy” Mays is on his fourth third-party motion in a year-and-a-half-old court case involving the reformation of public education in Shelby County.

Local Weather
Today
Memphis, TN
55°F
Partly Cloudy
Wind: 3 mph
Humidity: 55%

EVENTS

Greater Memphis Chamber will host A Conversation With … Dr. Mark Emmert, president of the NCAA, Tuesday, Oct. 2, from 11:30 a.m. to 1 p.m. at Holiday Inn University of Memphis, 3700 Central Ave. The topic is “Is College Sports Broken?” Cost is $35 for members and $40 for nonmembers. R.S.V.P. to Tunga Lee at tlee@memphischamber.com or 543-3571.

more events »

City Leaders To Come Out For Countywide Sales Tax Hike

The campaign for the half-cent countywide sales tax hike on the Nov. 6 ballot kicks off Monday, Oct. 1, with support from two city leaders who had opposed the ballot question.

Vanderpool Takes Reins at FAA Federal Credit Union

Banking is not a complicated business, but it’s a hard business.

Downtown Memphis Commission Celebrates Progress

There was bicycle-powered smoothie preparation, an aerial circus-style art show, Beale Street Flippers, live music outside, a disc jockey inside, and food and drinks from Downtown restaurants and suppliers.

Holder Marks Meredith Anniversary in Oxford

Civil rights cases pursued by the U.S. Justice Department are defined differently than they were 50 years ago when department attorneys were literally by James Meredith’s side during the integration of the University of Mississippi.

SMALL BUSINESS SPOTLIGHT

FAcademics Brings Out Best for Wide Range of Students

Students with bad grades aren’t the only ones who need a little help in school, say the owners of FAcademics, a tutoring service in Germantown.

LOCAL COLUMNISTS

Infectious Thinking

Last Sunday morning while channel surfing through the cacophony of talking head shows, I ran across a very interesting discussion about foreign affairs. The guest was a certain former world political leader who shall remain nameless since, regardless of the wisdom of his utterances, many people would absolutely refuse to listen to due to the fact that he is who he is. I’ll let you figure out who the “is” is in this case. That should not be too difficult since I just gave you a strong hint.

Recovery Tied to Nation’s Business Cycle

Another jobs bill was recently filibustered in the Senate, lacking just two votes for passage. Without direct stimulus emanating from a deadlocked Congress, the Federal Reserve announced one more quantitative easing program, designed to provide liquidity for more bank lending that would hopefully lead to more investments in small and medium-sized businesses. Banks and corporations, for that matter, have ample cash on their respective balance sheets for investment in the domestic market, but both are waiting for a signal that consumer demand is on the rise.

THE MEMPHIS NEWS

Entrepreneurial Ecosystem

Memphis provides myriad opportunities for startup success

Maybe you’re a startup founder who wants to rub shoulders with your peers, pitch investors in the hope of landing venture capital and talk to a lawyer about drawing up paperwork.

Economic Engine Must Keep Running Smoothly

Are business owners and innovators made or born? Probably both.

REGIONAL

Mississippi Gets Funds to Keep Up With Jobless Benefits

JACKSON, Miss. (AP) – The U.S. Department of Labor has given the state of Mississippi $2.5 million to prevent and detect improper unemployment insurance benefits.

Arkansas Lawmakers Reject Changing Panel Rules

LITTLE ROCK, Ark. (AP) – Arkansas lawmakers on Friday rejected an effort to change the way certain committees vote after Republicans said they were worried it was aimed at easily implementing parts of the federal health care law and other controversial matters before a potential GOP takeover of the Legislature.

NATIONAL BUSINESS

General Motors' Stock Rise Surprises Industry

DETROIT (AP) – Surprise! The top-performing stock among automakers in the U.S. this quarter is General Motors.

Kodak Plans to End Consumer Inkjet Printer Sales

NEW YORK (AP) – Kodak said Friday that it plans to stop selling consumer inkjet printers and will eliminate 200 more jobs than previously projected as it requested more time to submit its framework for emerging from bankruptcy protection.

HEALTH CARE

Medtronic to Buy Chinese Company for $816 Million

MINNEAPOLIS (AP)Medtronic Inc. will buy China Kanghui Holdings for $816 million, helping it expand in one of the world’s fastest growing medical device markets.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 136 5,209
MORTGAGES 0 182 6,891
FORECLOSURE NOTICES 0 50 1,606
BUILDING PERMITS 0 328 12,307
BANKRUPTCIES 0 175 5,475
BUSINESS LICENSES 0 58 2,119
UTILITY CONNECTIONS 0 182 7,240
MARRIAGE LICENSES 0 43 1,501

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