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VOL. 127 | NO. 213 | Wednesday, October 31, 2012

Report: Health Care Improving in Tennessee

Health care is showing improvement in Tennessee thanks to some of the strongest health care plans in the South and an increased focus on patient-centered medical practices, according to the annual State of Health Care Quality report released Tuesday, Oct. 30, from the National Committee for Quality Assurance (NCQA).

Hurricane Scramble

Local, national economy feels Sandy’s hit

It’s been called Frankenstorm, and from an economic standpoint it’s a perfect fit. Because by the time it’s all said and done, Hurricane Sandy likely will have taken a monster-sized bite out of the U.S. economy.

International Paper Confirms Site Search Under Way

Memphis-based International Paper Co. is looking to expand its headquarters but isn’t saying much about the process beyond that.

School Board To Meet On Merger Recommendations Next Month

Countywide school board members will begin what several described as the “dirty work” of the schools merger to come at a special meeting Nov. 15.

Beale Street Bankruptcy Ruling Clears Way for City Control

More than two years after the city of Memphis reached a settlement with the company that managed and developed the Beale Street entertainment district, a federal bankruptcy court ruling Tuesday, Oct. 30, cleared the way for the city of Memphis to regain day to day control of the district.

Local Weather
Today
Memphis, TN
77°F
Cloudy
Wind: 5 mph
Humidity: 62%

EVENTS

The fifth annual Leadership Memphis Multicultural Breakfast will be held Wednesday, Oct. 31, from 7:30 a.m. to 9:30 a.m. at Holiday Inn University of Memphis, 3700 Central Ave. The event will include a roundtable focusing on how the performing, visual and literary arts define cultures, bring communities together and promote skills to be successful in the 21st century. Call 278-0016.

more events »

Rise of House Flipping Focus Of Seminar

The impact of the foreclosure crisis on Shelby County home values is intricate and far-reaching.

Tax Consulting Firm, Daily News Host Financial Forum

CBIZ MHM Thompson Dunavant and The Daily News are presenting a seminar in a few weeks that will take a broad look at topics including estate and gift tax issues, business and personal investments, health care reform and an update on the mergers and acquisitions market.

Former Football Standout Indicted in Teacher Test Scandal

Former Melrose High School and University of Tennessee football standout Cedrick Wilson is the latest person charged in a teacher test cheating scandal.

City Sends Cease and Desist Letter in Voter ID Case

As national political pundits talked Tuesday, Oct. 30, about the impact of Hurricane Sandy on the Nov. 6 elections, a different kind of tempest raged between Memphis and Nashville over the state’s photo voter ID law.

Petties Drug Runner Draws Eight-Year Sentence

Bobby Cole was a professional drag racer and race promoter known as a kind of arbiter of differences among drivers and someone who helped those in financial straits with loans of cash or one of his trailers.

MEMPHIS NEWSMAKERS

Crew Training International Names Woodward Director

Steve Woodward has joined Crew Training International as director of learning. In his new role, Woodward will manage CTI’s core learning centers, oversee professional development programs and develop metrics to measure and manage the most efficient learning systems.

LOCAL COLUMNISTS

Facebook’s Dirty Little Secret and How to Combat It

According to last week’s earnings report, Facebook is fueling growing ad revenue. The company landed slightly above analyst predictions, due in part to mobile ad growth.

Think Like Nature to Innovate

Nature stores many business success lessons for those smart enough to see them. Companies that prove able to interpret and transfer creation’s learnings to its own culture prosper on an ongoing basis.

STATEWIDE

Tennessee Sees 74 Percent Increase in Homeless Students

NASHVILLE (AP) – Tennessee saw the number of homeless public school students increase by 74 percent between 2007 and 2010.

Another Meningitis Death Reported in Tennessee

NASHVILLE (AP) – The state Department of Health said another Tennessee patient who contracted fungal meningitis linked to epidural steroid shots has died, bringing the total number of deaths in the state to 11.

NATIONAL BUSINESS

Storm's Cost May Hit $50 Billion; Rebuilding to Ease Blow

WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.

New York Stock Exchange Will Reopen Wednesday

NEW YORK (AP) – The New York Stock Exchange will reopen for regular trading Wednesday after being shut down for two days because of Hurricane Sandy.

Oil Inches Up to $86 as Storm Pounds US Coast

The price of oil recovered slightly Tuesday, rising to above $86 a barrel, even as a massive storm was pounding the heavily populated U.S. East Coast, reducing demand for fuel by keeping drivers off roads, closing businesses and silencing activity in New York City and other metropolitan areas.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 114 332 10,554
MORTGAGES 119 412 13,739
FORECLOSURE NOTICES 12 80 2,724
BUILDING PERMITS 522 915 25,222
BANKRUPTCIES 80 264 10,156
BUSINESS LICENSES 16 78 3,814
UTILITY CONNECTIONS 92 430 14,987
MARRIAGE LICENSES 15 83 3,250

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