VOL. 127 | NO. 200 | Friday, October 12, 2012
FedEx Corp. founder and CEO Fred Smith ended 10 hours of immersion for analysts and investors in changes at the Memphis-based corporation Wednesday, Oct. 10, by telling the group of 200, “I think maybe we arrived at a better strategy through the wrong process.”

WEVL thrives on independent streak, listener support
We volunteer. Those two words comprise this particular radio station’s independent streak and listener-supported ethos, which traces its beginning to 1976 and to the days of vinyl and reel-to-reel tapes.
New Breed Inc. is enhancing its Memphis operations with a new distribution warehouse lease in the Southeast industrial submarket.
Cushman & Wakefield/Commercial Advisors Asset Services LLC has launched a Capital Markets Group, a new service line to complement the firm’s tenant representation and third-party leasing and management businesses.
MEMPHIS STANDOUT
Growing up outside Philadelphia, Ben Weiss rooted for the home teams – Phillies, Flyers, Eagles and 76ers. But his strongest memories aren’t of games won and lost, of home runs hit or touchdowns scored.
SPORTS
If the first victory of the Justin Fuente Era proves to be something of a turning point for the University of Memphis football program, it will be remembered differently in the days and years ahead.
As a sports writer, there are certain obligations. One is to second-guess coaches at every opportunity. Since virtually no coach in the NFL or college football can manage the clock, and some basketball coaches still stubbornly refuse to foul to avoid getting beat by a 3-point shot, that one’s pretty easy.
LOCAL COLUMNISTS
IT’S RAINING. SO WHAT? She’s 4. She has big hair, a whole big bunch of auburn curls. She’s my daughter’s friend. They’re laughing in another room, about to break something.
Are you prepared for your 15 minutes of fame? Or more precisely, your nonprofit organization’s 15 minutes of fame? What if you were the Public Broadcasting System, home to Big Bird of Sesame Street fame, and a presidential candidate put you on the chopping block in front of 70 million television viewers?
STATEWIDE
NASHVILLE (AP) – A Texas-based development company has canceled plans to convert the existing Nashville Convention Center into a new medical trade center.
STATE GOVERNMENT
NASHVILLE (AP) – Tennessee Children's Services Commissioner Kate O'Day says her department can account for every child reported to it in a severely abusive situation.
NATIONAL BUSINESS
WASHINGTON (AP) – The U.S. trade deficit widened in August from July because exports fell to the lowest level in six months. The wider deficit likely dragged on already-weak economic growth.
REAL ESTATE
WASHINGTON (AP) – Average U.S. rates on fixed mortgages ticked up from record lows last week. Cheaper mortgages are fueling a modest housing recovery that could help the broader economy.