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VOL. 127 | NO. 181 | Monday, September 17, 2012

First Horizon Honored for Technology

The parent company of First Tennessee Bank is one of the most tech-savvy banks around, according to the information technology trade publication InformationWeek.

Next-Generation Theater

Orpheum’s performing arts center to develop young theater fans

Plans are moving forward for The Orpheum Theatre Memphis’ new Performing Arts and Leadership Centre, a $10.7 million facility that will enable growth in student participation and other professional development programs.

Support Given to Hire Schools Search Firm

The countywide school board could start getting information from search firms this week and probably vote on a process for picking a merger superintendent by the end of October.

Grant Supports Optometry College’s Campaign

Southern College of Optometry has been awarded a $300,000 grant from the Plough Foundation to support a construction project that will provide the college’s 500 students with new classroom facilities and state-of-the-art instructional space at its Midtown campus.

Local Weather
Today
Memphis, TN
85°F
Partly Cloudy
Wind: 13 mph
Humidity: 48%

EVENTS

The Federalist Society Memphis Lawyers’ Chapter and University of Memphis Law Students’ Chapter will present a free Constitution Day program Monday, Sept. 17, from 11:30 a.m. to 1:15 p.m. at the University of Memphis Cecil C. Humphreys School of Law, 1 N. Front St. Pepperdine University professor Dr. Gordon Lloyd will speak. R.S.V.P. to Greg Grisham at gregory.grisham@jacksonlewis.com or 462-2616.

more events »

SMALL BUSINESS SPOTLIGHT

Small Businesses Top of Mind For Green Line Marketing

When Meghan Heimke was considering names for her boutique marketing firm three years ago, she didn’t have to look much further than her own backyard.

LOCAL COLUMNISTS

Mysterious Human Connections

Every day, most of us sit and routinely use computers that are somehow connected to virtually every part of the planet we inhabit. Recently we have viewed events occurring as far away as Mars. And we do all this wirelessly. I suspect most of us do not question it, or even find it all that unusual, that we receive signals over long distances without any connecting wires. In view of this, maybe you won’t find it so unusual that signals also pass between and among human beings interacting with each other.

THE MEMPHIS NEWS

Building Business

Community, business leaders discuss what's needed to grow minority businesses as demographics shift

Dr. Leonard Greenhalgh brought a wake-up call with him to Memphis at the end of August, when he came to the city as one of several featured speakers for the Memphis Minority Business Council Continuum’s 2012 Economic Development Forum.

Eleven Years Later: Reassessing Safety

Eleven years after the 9-11 attacks, we still mourn for those lost in the attacks and the wars that followed and the war that continues in Afghanistan.

STATE GOVERNMENT

Tennessee General Fund Collections Fall $6 Million Short

NASHVILLE (AP) – Tennessee's tax collections have fallen short of projections in the first month of the budget year.

REGIONAL

Arkansas Lawmakers Subpoena Treasurer Over Audit

LITTLE ROCK, Ark. (AP) – Arkansas lawmakers say they'll issue a second subpoena for state Treasurer Martha Shoffner to appear before a legislative committee after she didn't show up to a Friday meeting to discuss an audit that raised questions over her office's investment practices.

NATIONAL BUSINESS

New York Stock Exchange Paying $5 Million Fine

WASHINGTON (AP) – The New York Stock Exchange is paying $5 million to settle federal civil charges that it gave some customers an unfair head start by providing them with trading data ahead of the wider public.

Gas Prices, Cars Push US Retail Sales Up

WASHINGTON (AP) – U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious elsewhere, suggesting the weak economy has made many selective about spending.

NATIONAL GOVERNMENT

Administration Warns of 'Destructive' Budget Cuts

WASHINGTON (AP) – A new White House report issued Friday warns that $110 billion in across-the-board spending cuts at the start of the new year would be "deeply destructive" to the military and core government responsibilities like patrolling U.S. borders and air traffic control.

TECHNOLOGY

Delivery Times Rise for iPhone 5

NEW YORK (AP) – Delivery times climbed quickly as Apple Inc. started taking orders for the iPhone 5 on Friday, suggesting strong demand.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 67 67 10,289
MORTGAGES 107 107 13,434
FORECLOSURE NOTICES 24 24 2,668
BUILDING PERMITS 393 393 24,700
BANKRUPTCIES 60 60 9,952
BUSINESS LICENSES 16 16 3,752
UTILITY CONNECTIONS 149 149 14,706
MARRIAGE LICENSES 31 31 3,198

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