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VOL. 128 | NO. 23 | Monday, February 4, 2013

Southwest Adds Memphis Flights

AirTran Airways, a subsidiary of Southwest Airlines, announced Monday, Feb. 4, that it is adding four new Memphis flights to three new AirTran routes. And Memphis International Airport officials said they were told by Southwest executives last week that all AirTran flights in Memphis probably will be converted to the Southwest brand by November.

Smith & Nephew Tax Break in Jeopardy

Smith & Nephew Inc. could be in danger of losing some or all of the 15-year tax incentive the company received in 2009 as part of its $42 million investment to convert a Memphis office complex into a centralized hub for research, marketing and medical education.

Spirited Debate

Contentious bill allowing wine sales in grocery stores hits legislature

The accessibility of wine for Tennessee residents could soon increase tenfold. 

State Budget Will Include Local Medical Community

The two biggest capital spending items in Tennessee Gov. Bill Haslam’s state budget proposal are a $62 million renovation of the University of Tennessee Health Sciences Center in Memphis and a new $60 million Community Health Building at the University of Memphis.

Mayor, Banks Revive Program Targeting City’s Unbanked

It started with a letter. More than two dozen of them, actually. Bankers from around Memphis got a missive from Memphis Mayor A C Wharton Jr. in 2010 that solicited help from bankers like Joe DiNicolantonio, West Tennessee area president for Regions Bank.

Local Weather
Today
Memphis, TN
68°F
Partly Cloudy
Wind: 0 mph
Humidity: 76%

EVENTS

The University of Memphis will screen “Duty of the Hour,” a documentary about Dr. Benjamin L. Hooks Monday, Feb. 4, at 5:30 p.m. in the Michael D. Rose Theatre on campus, 470 University St. Cost is free. Visit memphis.edu.

more events »

SMALL BUSINESS SPOTLIGHT

Book Depot Owner Maintains Familiar Place for Bibliophiles

When customers walk into The Book Depot in Germantown, they often comment on the smell, says owner Kathy Waldrop.

LOCAL COLUMNISTS

The Story in the Numbers

I began my career as a CPA with one of the major accounting firms. It was fun for a while, but after a few years I decided the profession was not for me. That’s OK – different strokes for different folks and all that kind of stuff.

NATIONAL BUSINESS

Detroit, Toyota See Big US Sales Gains in January

DETROIT (AP) – American consumers ignored tax increases and trudged through winter weather to buy new cars and trucks at an unusually strong pace last month.

US Gains Jobs But Jobless Rate Up

WASHINGTON (AP) – The U.S. job market is proving sturdier than expected at a time when the economy is under pressure from Washington gridlock and the threat of government spending cuts.

NATIONAL GOVERNMENT

Healthy Schools: Goodbye Candy and Greasy Snacks

WASHINGTON (AP) – Goodbye candy bars and sugary cookies. Hello baked chips and diet sodas.

TECHNOLOGY

Apple is Biggest US Phone Seller for 1st Time

NEW YORK (AP) – The launch of the iPhone 5 and the declining popularity of non-smartphones have made Apple the biggest seller of phones in the U.S. for the first time, research firm Strategy Analytics said Friday.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 44 13,700
MORTGAGES 0 58 17,884
FORECLOSURE NOTICES 0 28 3,533
BUILDING PERMITS 0 0 32,303
BANKRUPTCIES 0 78 13,081
BUSINESS LICENSES 0 25 4,730
UTILITY CONNECTIONS 0 121 20,021
MARRIAGE LICENSES 0 33 4,230

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