VOL. 127 | NO. 174 | Thursday, September 6, 2012
After hearing Thursday, Sept. 6, from a second expert about the business of searching for a merger schools superintendent, the ad hoc committee working on a method for that search could begin making some decisions.
Existing businesses welcome new tenants to Overton Square
Following a shaky last few years for Overton Square, the area has finally seen tangible evidence of change in recent weeks and the area’s long-term tenants appear to be waiting in anticipation of its new neighbors.
Memphis-based Monogram Food Solutions LLC has acquired Hinsdale Farms of Bristol, Ind.
The Memphis federal court hearing over the state laws governing municipal school districts has become an argument about the school age population in Milan, Tenn. and surrounding Gibson County.
Memphis Mayor A C Wharton Jr.’s administration is retooling the city’s “Second Chance” program for felons just released from prison to become a joint city-county program with funding from the state.
This year marks the silver anniversary of Memphis attorney Larry Rice literally writing the book on divorce law.
Shelby County District Attorney General Amy Weirich and U.S. Attorney Ed Stanton are working together on cases that cross the state-federal boundary for prosecution.
Memphis-based Verso Paper Corp. has called off talks with NewPage Corp. and its creditors about acquiring or merging with NewPage.
MEMPHIS LAW TALK
Russel Cherry, longtime general counsel at Dunavant Enterprises Inc., grew up in a family that raised sporting dogs and had originally planned to be a veterinarian.
LOCAL COLUMNISTS
Ray’s Take As if the complexities of stocks, bonds, and other investment options weren’t challenging enough, our own bodies can push us into poor financial decisions. The study of neuroeconomics – a discipline that encompasses economics, biology, and psychology – has determined that our brains simply aren’t hard-wired to make rational decisions involving risk. And, investing is all about risk management in one form or another.
See last week’s column and the one before it for other illustrations of quotable matter, straight from “the record.” That is, stuff filed and/or said in courts around the world.
STATEWIDE
NEW YORK (AP) – Discount retailer Dollar General Corp. said Wednesday that its second-quarter earnings jumped 47 percent on a 10 percent increase in revenue and it raised its financial forecast for the year.
REGIONAL
LITTLE ROCK, Ark. (AP) – Arkansas finance officials said Wednesday that a drop in sales tax collections last month pushed the state's revenues below expectations and last year's figures, suggesting that consumers may have postponed purchases until the annual back-to-school sales tax holiday.
JACKSON, Miss. (AP) – Rain from the remnants of Hurricane Isaac could help the drought-stricken Mississippi River, but experts say it’s not enough for long-term relief for the vital waterway that is at its lowest level since 1988.
NATIONAL BUSINESS
LONDON (AP) – The United States' ability to compete on the global stage has fallen for the fourth year running as confidence in the country's politicians continues to decline, an annual survey from the World Economic Forum found Wednesday.
WASHINGTON (AP) – U.S. companies got more output from their workers this spring than initially thought. Productivity rose at a modest 2.2 percent annual rate in the April-June quarter, largely because employers cut back sharply on hiring.
NATIONAL GOVERNMENT
WASHINGTON (AP) – The Obama administration is temporarily waiving clean gas requirements in eight states affected by Hurricane Isaac.
NEW ORLEANS (AP) – The Justice Department is urging a federal judge to ignore arguments by BP that the Gulf Coast's natural resources are making a "robust recovery" from the company's massive oil spill.