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VOL. 127 | NO. 195 | Friday, October 5, 2012

Change on Way for Bolivar Airport

Those in Bolivar, Tenn., will have a chance to walk the runway of the Hardeman County Airport Saturday, Oct. 6, and take a look around an airport that recently came back to life.

Trash Concerns

Government garbage collection meets resistance in unincorporated county

The idea of a county government garbage collection service for no more than $25 a month to residents in unincorporated Shelby County was dead as soon as the first of four public hearings on it was held.

First Tennessee Parent Company Offers Buyouts to 400

The parent company of First Tennessee Bank sent out letters to nearly one-tenth of the Memphis-based company’s 4,500 employees Thursday offering them terms of a voluntary buyout.

New Grizz Ownership Could Include Manning, Hardaway

A source close to Robert Pera, the California businessman in the process of buying the Memphis Grizzlies, has confirmed the addition of a few new names to what will be the new ownership of the Grizzlies.

Soulsville Charter School Only School Invited to Vice Presidential Debate

The Soulsville Charter School is the only school in the nation invited to the sole vice presidential debate of the election season Thursday, Oct. 11 at Centre College in Danville, Ky.

Merchandiser Five Below Signs Lease in Olive Branch

A growing Philadelphia-based value retailer has inked a substantial industrial lease deal in Olive Branch.

Indie Memphis Festival Gets a Tech Feel

Based on a lineup the nonprofit organization released, this year’s Indie Memphis Film Festival will feel a lot like the South by Southwest festival in Austin, Texas.

MEMPHIS STANDOUT

Synk Coaches Businesses, Helps Them Grow

Michael Synk is like a professor, salesman, evangelist and coach all rolled into one, prodding and supporting the community of executive leaders in Memphis via In-Synk, the business education and coaching firm he founded.

SPORTS

Team Mantras Usher in New Basketball Seasons

Although the date and time are unknown, there was a point some years ago when it became mandatory for every big-time college and pro team to have a mantra.

Rudy Gay Promises More; Memphis Waits to See

When is good not good enough?

LOCAL COLUMNISTS

We All Have a Right to Rights

BENDING EVERYBODY STRAIGHT. I know a guy who’s into shoes. And into colors, theater and rearranging furniture. He majored in art, and can spend hours hanging one piece in the only two square feet of wall space he has left– robin’s egg blue and Chinese red walls, I might add. He wrote and directed musical satire in college. Johnny Mathis is all over his iPhone, iPad and iPod along with Judy Collins singing “Danny Boy” and way too many original Broadway casts singing their showstoppers, all of which he incessantly hums. He makes tomato aspic. He wears a lot of purple and pink, liberally sprinkles words like fabulous and spectacular in general conversation, has a couple of precious matching dogs, and has the legs for cross dressing. He’s a lifelong Memphian, but he doesn’t hunt or fish.

Church and Money

Many churches, like other nonprofits, have to grapple with challenges of operating facilities, paying salaries and providing funding for programs, schools and mission work. The economic challenges of recent years have impacted congregations raising questions new and old.

STATEWIDE

Enrollment Falls at Tennessee Board of Regents Colleges

MURFREESBORO, Tenn. (AP) – Enrollment at Tennessee Board of Regents colleges has dropped an average of 4.4 percent this fall.

REGIONAL

Arkansas Court Rejects Casino Measure for November Ballot

LITTLE ROCK, Ark. (AP) – The Arkansas Supreme Court on Thursday rejected a proposed ballot measure that would have given a professional poker player the exclusive rights to operate casinos in four counties.

NATIONAL BUSINESS

Retailers Report Slower Sales Growth in September

NEW YORK (AP) – Americans may have slowed their spending in September after splurging during the start of the busy back-to-school shopping season in the month before. But most importantly, they were still spending.

NATIONAL GOVERNMENT

Fed Chose Mortgage Bonds to Bolster Housing Gains

WASHINGTON (AP) – The Federal Reserve structured its latest stimulus program around the purchase of mortgage bonds after members agreed that helping a nascent housing recovery was a good way to lift the broader economy.

REAL ESTATE

30-Year Mortgage Rate Hits Record 3.36 Percent

WASHINGTON (AP) – Average U.S. rates on fixed mortgages fell to fresh record lows for the second straight week. The declines have led more homeowners to refinance, a trend that could help jumpstart the economy.

TECHNOLOGY

Social Media Renders Rapid Judgment on Debate

WASHINGTON (AP) – Big Bird is endangered. Jim Lehrer lost control. And Mitt Romney crushed President Barack Obama.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 212 11,977
MORTGAGES 68 295 15,645
FORECLOSURE NOTICES 23 80 3,103
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 81 291 11,598
BUSINESS LICENSES 29 102 4,257
UTILITY CONNECTIONS 89 428 17,611
MARRIAGE LICENSES 20 81 3,645

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