VOL. 128 | NO. 10 | Tuesday, January 15, 2013
Shelby County’s mortgage market made decent strides during the past 12 months, posting gains over 2011 and foreshadowing a healthy 2013.
Memphis financial veterans sound off on debt ceiling
One of the common refrains among money managers and economists in Memphis is that the nation’s political leaders spend too much time wrestling with crises and not enough actually solving problems.
MEMPHIS (AP) - FedEx Corp. has named Henry J. Maier to run its FedEx Ground unit, succeeding David F. Rebholz, who is retiring in May.
Shelby County Commissioners voted down a “wage theft” ordinance Monday, Jan. 14, on third and final reading.
The fourth quarter of 2012 in Shelby County essentially followed the same upward swing in mortgage activity as was seen throughout the year as a whole.
Much like the fourth quarter, December was also an especially strong period for local mortgage activity.
The Memphis Area Association of Realtors Commercial Council is well under way in planning the 12th annual Pinnacle Awards ceremony, a night dedicated to showcasing commercial real estate industry professionals in the area.
Memphis City Council member Kemp Conrad wants to explore selling city assets, including Memphis Light, Gas and Water Division, and using the proceeds to establish a trust fund for early childhood education and other “wrap around” social services.
Shackelford’s Florist has ended a months-long search for a new owner by agreeing to be acquired by Piano’s Flowers & Gifts Inc., a local florist with decades of experience in the local market.
5025 Crumpler Road Memphis, TN 38141
LOCAL COLUMNISTS
Last week we highlighted our Samaritans Feet Shoe Distribution, providing more than 300 youth with new socks, shoes and unconditional compassion. This week, extending our “youthful” theme, let us turn the spotlight on a high school student who has overcome tremendous adversity to become a local success story.
My sister lives in South Korea. She doesn’t get to come home often, but what she discovered on a visit a few months ago baffled her. Gangnam Style was sweeping the U.S. At first, she was confused. She said it was a popular dance in South Korean clubs, and she’d heard it on Korean radio. But that did not explain why I was asking her to teach me the dance during a TV timeout at a football game at LSU last fall.
STATE GOVERNMENT
NASHVILLE (AP) – A citizens group that makes recommendations to Tennessee Department of Children's Services says the state office did not respond for more than a year to some it its suggestions.
REGIONAL
PADUCAH, Ky. (AP) – A remaining piece in the bankruptcy case of novelty ice cream maker Dippin' Dots has been resolved.
NATIONAL BUSINESS
United Parcel Service Inc. has scrapped plans to grow in Europe through the acquisition of Dutch delivery company TNT Express because European regulators were getting ready to reject the $6.9 billion deal.
NEW YORK (AP) – Coca-Cola became one of the world's most powerful brands by equating its soft drinks with happiness. Now it's taking to the airwaves for the first time to address a growing cloud over the industry: obesity.
DETROIT (AP) – Toyota has once again dethroned General Motors as the world's top-selling automaker.
NEW YORK (AP) – Coca-Cola became one of the world's most powerful brands by equating its soft drinks with happiness. Now it's taking to the airwaves for the first time to address a growing cloud over the industry: obesity.