VOL. 127 | NO. 205 | Friday, October 19, 2012
Bankruptcies filed across all categories in Shelby County in the third quarter of 2012 dropped 4 percent from the third quarter of 2011, according to The Daily News Online, www.memphisdailynews.com.

National pollster Rasmussen shares insights
The presidential race is still too close to call, the debates won’t shift things much from a statistical perspective and there’s a fair chance Democrats will retain their majority in the U.S. Senate.
The Leadership Academy has a new identity.
LGSTX Services Inc. is relocating and expanding its Memphis warehouse operations. The Wilmington, Ohio-based firm, which specializes in aviation support and facility services, has leased 184,680 square feet across two facilities in the Southwide Distribution area at 363 Burma Road and 410 Burma Road.
Project Victory isn’t in the bag just yet. There is competition. Project Victory is what local economic development officials were calling the proposed $301 million expansion of the Nike Inc. plant in Frayser.
Some restaurants at Memphis International Airport have started to close on Saturdays because of the second round of Delta Air Lines flight cutbacks that began in September at Memphis International Airport.
The television food scene has been kind to Memphis this year.
MEMPHIS STANDOUT
In more than 50 years as an educator and administrator, Johnnie B. Watson has applied for a job only once.
SPORTS
Hindsight, especially from press row or your seat in the 17th row of the upper bowl at FedExForum is a wonderful thing. After all, with the benefit of a gigantic video board and replay, we can see when the official got the call wrong and we got the call right.
A cycling wreck leaves scars, layers of flesh skinned by rough pavement, a broken bone or two, maybe a concussion.
LOCAL COLUMNISTS
LOUD MEMORIES REMAIN. Jo-Jo the Dog-Faced Boy emailed the other day and reminded me of the Phantom Screamer.
Part one of a three-part series on proposal writing. If there is a mythical “pot-of-gold” in the nonprofit world it is the foundation grant. Many start-ups – as well as established nonprofits – look to grants from foundations as a cure-all; the answer to all fundraising problems. You can spot this tendency when you hear phrases such as “Bill Gates has a foundation, let’s submit a proposal.”
REGIONAL
JACKSON, Miss. (AP) – Mississippi has long been one of the sickest and poorest states in America, with some of the highest rates of obesity, diabetes and heart disease and more than 1 in 7 residents without insurance. And so you might think Mississippi would jump at the prospect of billions of federal dollars to expand Medicaid.
LITTLE ROCK, Ark. (AP) – Talk show host Montel Williams on Thursday accused opponents of an Arkansas ballot measure that would legalize medical marijuana of resorting to "racist" imagery with a television ad featuring an African-American actor portraying a drug dealer.
NATIONAL BUSINESS
NEW YORK (AP) – Newsweek will end its print publication after 80 years and shift to an all-digital format in early 2013.
CHARLOTTE, N.C. (AP) – Nucor Corp.'s third-quarter net income plunged 39 percent on lower sales and prices as demand for steel fell in the sluggish global economy.
WASHINGTON (AP) – Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase marks a rebound from the previous week’s sharp drop. Both swings were largely due to technical factors.
NATIONAL GOVERNMENT
WEST PALM BEACH, Fla. (AP) – Here in a county that knows a thing or two about Election Day meltdowns, both parties are fretting over what might go seriously wrong before, during or just after the Nov. 6 presidential election.