VOL. 127 | NO. 177 | Tuesday, September 11, 2012
Home sales in August were up 21 percent year over year, representing the eighth consecutive monthly increase from 2011.

Events pay tribute to those who made ultimate sacrifice
The Bluff City Tuesday, Sept.11, joins communities across the United States in honoring local firefighters and remembering the nearly 3,000 people who lost their lives in the terrorist attacks that shook the nation 11 years ago on this day.
Author, business coach and strategy expert Michael Synk has a metaphor he uses to distill some of the most important elements of what he shares with business owners in need of a focused growth plan.
Shelby County Mayor Mark Luttrell says the countywide school board isn’t moving fast enough on the transition to the August 2013 merger of Shelby County’s two public school system.
A multi-state teacher test cheating scandal had been a federal court case with a lot of criminal counts and a lot of initials of paid test-takers for teachers until last week.
Shelby County Commissioners appointed Mary Anne Gibson and Oscar Love Monday, Sept. 10, to the countywide school board.
Tennessee Economic and Community Development commissioner Bill Hagerty will take an unpaid leave of absence from state government from Sept. 17 to Nov. 6 to join the Romney-Ryan presidential campaign.
REAL ESTATE RECAP
4.9 acres at Tenn. 385, And Byhalia Road -
An entity affiliated with Mississippi-based Wilson Auto Group has bought 4.8 acres at the northwest corner of South Byhalia Road and Tenn. 385 and filed a $5.3 million construction loan for the property.
LOCAL COLUMNISTS
Last week we highlighted Special Kids and Families, which is an early intervention agency serving children from birth to 3. Based on the fun and success we had earlier this year with our “What does Memphis mean to you” series of reader-response columns, let us expand on the recent Daily News cover story about our “Memphis Rocks” campaign by asking, “Why do you think Memphis Rocks?”
STATEWIDE
NASHVILLE (AP) – Registration is now open for the 59th annual Governor's Conference on Economic and Community Development.
REGIONAL
CLARKSDALE, Miss. (AP) – The Metso Corp., a mining, engineering and paper products company, will expand its operation Clarksdale.
NATIONAL BUSINESS
WASHINGTON (AP) – Americans cut back on their credit card use in July for the second straight month, suggesting many remain cautious in the face of high unemployment and slow growth.
NEW YORK (AP) – The price of oil fell slightly Monday after an unexpectedly weak economic report from China and warnings of a further slowdown.
TECHNOLOGY
NEW YORK (AP) – Thousands and possibly millions of web sites hosted by GoDaddy.com are down. A hacker is claiming responsibility, but the real reason for the outage is unclear.