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VOL. 128 | NO. 70 | Wednesday, April 10, 2013

Time Recognizes St. Jude Genome Project

In February, St. Jude Children’s Research Hospital completed a three-year-effort to sequence the genomes of 700 pediatric cancer tumors. It’s the largest project of its kind in the world.

Shakin’ Up Beale

Jerry Lee Lewis’ Cafe and Honky Tonk set to open

The newest addition to Beale Street is a Memphis music legend. Jerry Lee Lewis, the last living member of the Sun Records’ “Million Dollar Quartet,” is lending his name and personal items to a nightspot at 310 Beale St.

Commission Starts County Budget Season

The Shelby County Commission opens its budget season Wednesday, April 10, starting down a road of pivotal decisions for the fiscal year that begins July 1.

Magna Bank Adds Investment Services

Magna Bank has added investment services to its mix of offerings available for customers.

TNT Cleaning Services Owner Wins Business Plan Contest

Toya Bailey, owner of TNT Cleaning Services, won a business plan submission contest – the prize for which was a $1,500 grant – as part of a recent business symposium in Memphis titled “Controlling How Your Cookie Crumbles” that was sponsored by The Carter Malone Group.

Local Weather
Today
Memphis, TN
58°F
Mostly Cloudy
Wind: 0 mph
Humidity: 62%

EVENTS

The Rotary Club of Memphis East will meet Wednesday, April 10, at noon at The Racquet Club of Memphis, 5111 Sanderlin Ave. First Horizon Corp. president and CEO Bryan Jordan will speak. Cost is $17. R.S.V.P. to Lee Hughes at lmhughes@bellsouth.net.

more events »

MEMPHIS NEWSMAKERS

CRG2 CEO Singer Named Women’s Biz Enterprise Star

Mary Singer, CEO of CRG2 SustainableSolutions, has been named a 2013 Women’s Business Enterprise Star by the Women’s Business Enterprise National Council. She was chosen by Women’s Business Council South, one of the national organization’s 14 regional partner organizations.

LOCAL COLUMNISTS

The Psychology of Pricing

As much as we buyers hate to admit it, we’re emotional creatures, at least when it comes to decision making. We make a decision to buy based on emotional factors first, and afterward seek rational justification for the decision we’ve essentially already made. This same principle applies to how we assess your brand’s price points as well – whether you sell products or services.

Market Power Versus Brute Force

Pushing too hard? Often a rush to hit short-term numbers or an over-caffeinated executive can force some costly mistakes. Failed product launches. A weak but bloated product pipeline. A service in desperate need of reinvention but too entrenched and in love with its own methods too change. A company that charges ahead blindly, carrying dead weight and a dying value proposition to the market. A feature set that doesn’t meet users real needs. Add a bomb from your professional experience here ___.

Absolutely, Positively Memphis

It’s certainly old news to say that the Internet is changing the way we do business today. And most assuredly, we’ve only seen the tip of the iceberg. It’s not so farfetched to imagine a world where virtually everything is delivered, well, virtually. Maybe in the 2060s, the decade in which the futuristic Jetsons cartoon was set. Until then, while eCommerce is having a growing impact on where and how people shop, the fact of the matter is that goods still have to get to the consumer.

MEMPHIS AREA

White House Celebrates the Sounds of Memphis Soul

WASHINGTON (AP) – A White House celebration Tuesday night of Memphis soul music is an affirmation of the decades of hard work that went into making it a classic American music sound, said some of the artists tapped to perform.

Southeastern Asset Management Favors Recent Dell Buyout Offers

MEMPHIS (AP) – A major Dell shareholder is urging the slumping personal computer maker's board to scrap a $24.4 billion deal to sell the company to a group including CEO Michael Dell and pursue two competing bids instead.

STATE GOVERNMENT

House Votes to Place Income Tax Ban Before Voters

NASHVILLE (AP) – The House gave final approval Monday to a proposed constitutional amendment to ban a state income tax in Tennessee, which means the measure will go before the voters next year.

Bill to Ban Cameras in Polling Places Withdrawn

NASHVILLE (AP) – A bill seeking to ban cameras in polling places has died for the year amid concerns that voters wouldn't be able to document problems.

Charter Panel Bill Stalls in Senate

NASHVILLE (AP) – A proposal that would create a special panel to authorize charter schools in five of the state's lowest performing counties appears to be struggling in the Legislature.

Cock Fighting Bill Dead This Session

NASHVILLE (AP) – The Senate sponsor of legislation to make cock fighting a felony says he believes his bill failed Monday evening because of strong support for the practice in rural parts of Tennessee.

Campfield Defiant, Unapologetic in Deposition

NASHVILLE (AP) – State Sen. Stacey Campfield has given a deposition in which he is unapologetic for posting false information about a Democratic candidate on his blog, dismissive of the possibility of paying damages for that and belittling of the technological skills of fellow lawmakers.

NATIONAL GOVERNMENT

IRS Takes Steps to Combat Identity Theft

WASHINGTON (AP) – The 2014 budget proposal to be released by the White House on Wednesday will include new steps to combat what the Internal Revenue Service says is an exponential growth in tax refund-related identity theft.

Obama to Nominate Package of Labor Board Members

WASHINGTON (AP) – President Barack Obama on Tuesday nominated three candidates for full terms on the National Labor Relations Board, which has been in limbo since a federal appeals court invalidated his recess appointments to the agency.

Senate Approval Seen for Obama Health Care Nominee

WASHINGTON (AP) – Republican lawmakers are heaping praise on a former nurse picked by President Barack Obama to run Medicare and Medicaid, and also oversee his health care law.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 35 250 5,016
MORTGAGES 60 382 6,608
FORECLOSURE NOTICES 17 55 1,534
BUILDING PERMITS 179 720 11,979
BANKRUPTCIES 54 257 5,216
BUSINESS LICENSES 24 89 2,025
UTILITY CONNECTIONS 92 443 6,907
MARRIAGE LICENSES 16 81 1,422

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