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VOL. 127 | NO. 187 | Tuesday, September 25, 2012

Airport Wins $32 Million in Federal Funding

As Southwest Airlines executives were in the city last week to talk with local leaders, Memphis International Airport secured $31.8 million in federal grant funding for what is a constant in the life of any major airport – construction.

‘Back in Time’

Railroad museum teaches visitors about city’s transportation origins

When local model railroaders first got together with the idea two years ago, there was little more than a dream and a dark tunnel.

Commission Approves Pera Group on Forum Lease

Shelby County Commissioners approved Monday, Sept. 24, a change in the lease for FedExForum to the new Grizzlies ownership group headed by Robert J. Pera.

Business Growth Workshop Will Talk Strategy

It’s one of the first questions people often get asked when meeting someone for the first time – “So, what do you do?” – and a business owner is liable to get straight to the point.

Armstrong Talks About Start to Police Tenure

Memphis Police Director Toney Armstrong counted it as a good weekend this month when a guns for gas program drew a larger crowd than expected and a haul of 500 guns when he and organizers had expected maybe 200 at the most.

Local Weather
Today
Memphis, TN
75°F
Fair
Wind: 6 mph
Humidity: 64%

EVENTS

Leadership Memphis is accepting applications for its 2013 Grassroots Leadership Program through Saturday, Sept. 29. The program, which teaches leadership skills and techniques to implement community change, includes 11 sessions between October and March. Visit leadershipmemphis.org.

more events »

New Panera Underscores Midtown’s ‘Tipping Point’

Panera Bread Co. is coming to one of Midtown’s busiest streets following years of site selection in the area.

REAL ESTATE RECAP

Shelby Oaks Red Roof Inn Sells for $1.6 Million

6055 Shelby Oaks Drive, Memphis, TN 38134 -
The Red Roof Inn at 6055 Shelby Oaks Drive has traded hands for the second time in a year and for the same sales price of $1.6 million.

LOCAL COLUMNISTS

Why Memphis Rocks: Part 2

Last week we started sharing some of your responses to the question, “Why do you think Memphis Rocks?” Since your perspectives articulate it best, this week let us continue with more artful narratives and feedback.

REGIONAL

Sites Down to 3 for New West Tennessee Vets Cemetery

JACKSON, Tenn. (AP) – The potential locations for a new West Tennessee veterans cemetery have been pared to three.

NATIONAL BUSINESS

Feds Order Discover to Refund $200 Million to Cardholders

WASHINGTON (AP) Discover Bank will pay millions in fees to settle accusations by regulators that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring.

CEO of UPS Takeover Target Resigns

AMSTERDAM (AP) – Dutch express package delivery company TNT Express NV says its chief executive has resigned.

Analysts Expect Auto Sales to Stay Strong in September

DETROIT (AP) – Whether it's out of necessity or desire, Americans continued to buy cars and trucks at a strong pace in September, according to industry analysts.

NATIONAL GOVERNMENT

Economists Say US Needs More Taxes, Cuts

NEW YORK (AP) – The best way to reduce the federal deficit is through a combination of higher taxes and spending cuts, according to a group of economists.

TECHNOLOGY

Apple Says More Than 5 Million iPhone 5s Sold

NEW YORK (AP)Apple Inc. said Monday that it sold more than 5 million units of the iPhone 5 in the three days since its launch, fewer than analysts had expected.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 70 224 13,880
MORTGAGES 105 298 18,124
FORECLOSURE NOTICES 16 55 3,560
BUILDING PERMITS 0 430 32,733
BANKRUPTCIES 81 211 13,214
BUSINESS LICENSES 23 68 4,773
UTILITY CONNECTIONS 103 307 20,206
MARRIAGE LICENSES 39 72 4,269

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