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VOL. TMN-6 | NO. 2 | Saturday, January 5, 2013
Weekly Issue

Countdown to Reform

Nation’s health care system marches forward to sweeping changes in 2014

The Obama administration recently took the next step in implementing the new health care reform by laying out more specific guidelines regarding the health insurance market reforms. The Department of Health and Human Services published the new regulations on Nov. 20.

Time for Solutions, Not Political Football

It turns out the edge of the fiscal cliff, strictly speaking, would have been reached at about noon Thursday, Jan. 3, not at one minute past midnight New Year’s Day.

Complex Agenda

Mayor Wharton looks to add to priorities in 2013

In the first year of his first full four-year term of office as Memphis mayor, A C Wharton Jr. put his political weight behind shifting priorities at City Hall.

Changes on Horizon for Achievement School District

As the Achievement School District added six low performing Memphis schools in December for the new school year that begins in August, the leader of the state-led district was in Memphis to deal with backlash in the community around one of the six existing Memphis Schools that have been part of the district since last August.

First National Expanding Into Memphis-Area Walmart Stores

The New Year marks a major milestone for First National Realty Inc., as the Memphis-based residential real estate brokerage firm has plans to expand branch offices into 13 Walmart Supercenters in the Memphis metro area.

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Financial Industry Plans for Fiscal Cliff Fallout

The media and political leaders may be in full-on freakout, the world-is-ending mode over the apparent inevitability of the country to avoid careening over the fiscal cliff.

Spreading Good News

Lipscomb Pitts Breakfast Club launches TV show to shine positive light

The Lipscomb Pitts Breakfast Club is expanding the reach of its upbeat, community-focused brand in 2013.

Memphis Primary Care Aligns With Baptist Group

The trend of consolidation in the local health care industry marches on as Memphis Primary Care becomes the latest private physician practice to align with a major hospital system, joining Baptist Medical Group.

Schools Talks to Resume in Private

Private talks aimed at settling the federal lawsuit over municipal school districts are expected to resume with the end of the holiday season.

Local Music Veterans Form Consulting Company

Two veterans of the local music scene recently launched a music promotion, consulting and booking company.

Changing Market

Commercial real estate deals make for an interesting 2012

Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.

Local Politicians Split on Fiscal Cliff Bill

There was only one vote for the American Taxpayer Relief bill Tuesday, Jan. 1, among the nine Tennesseans who represent the state in the U.S. House of Representatives.

Restaurants See Plenty of Activity in 2012

There were new restaurant openings, expansions and major milestones celebrated.

Law Review Symposium Addresses Human Trafficking

A 2011 report from the Tennessee Bureau of Investigation on human sex trafficking put it bluntly:

Spirit of Giving

Local organizations offer assistance to the area’s homeless during holidays

For several thousand homeless Memphians, the winter months can be especially rough being exposed to the harsh elements without money, food or warm clothing.

Beale Nightspot Continues to Defy Easy Answers

After a relatively quiet New Year’s Eve on Beale Street, Memphis Mayor A C Wharton Jr. told a prayer breakfast on New Year’s Day, “Beale Street will soon be behind us. … It’s going to be a safe Beale Street.”

SPORTS

Tigers Must Stay on Right Path to Reach Potential

Depending on your perspective, it was lavish praise that spoke to the Tigers’ potential still there for the realizing and great NCAA Tournament victories still there for the taking.

Forecasting 2013 in Sports

2013 Sports Forecast by the numbers: 1. The Grizzlies swing a deal before the trade deadline but are fined by the NBA when, out of habit, they try to trade O.J. Mayo.

SMALL BUSINESS SPOTLIGHT

Handbag Enthusiasts Flock to Katie Kalsi’s Creations

The fan comments on Memphis handbag designer Katie Kalsi’s company Facebook page are effusive, enthusiastic and frequently punctuated with energetic exclamation points.

REAL ESTATE RECAP

Southwind Homewood Suites Sells for $6.5 Million

3583 Hacks Cross Road Memphis, TN 38125

MEMPHIS NEWSMAKERS

McLaughlin Joins Inferno as Senior Copywriter

Trish McLaughlin has joined inferno as senior copywriter. In her new role, McLaughlin supervises the copywriting department, pairing up writers with art directors and project teams, and reviewing copy for message, voice and strategic focus. In addition, she coaches young writers in strategic thinking, concepting, editing and presenting.

MEMPHIS LAW TALK

Babaoglu Driven to Help Others Find American Dream

Being of Azerbaijan descent and born in Milan, Italy, Rehim Babaoglu of Thomason Hendrix Harvey Johnson & Mitchell PLLC, preaches the American dream from his pulpit high above Main Street as an immigration lawyer.

MEMPHIS STANDOUT

Hubbard Brings Experience, Energy to Memphis Area Association of Realtors

Regina Hubbard first got involved with the Memphis Area Association of Realtors because she wanted to learn from the group’s positivity and team-oriented environment.

LOCAL COLUMNISTS

Getting More Organized

It’s that time of year. People are thinking about getting more organized. As a consultant who occasionally helps people follow up on such thoughts, I’ve found that your beliefs make all the difference in the world if you want to get organized. Here are five false beliefs and five true beliefs that you must consider if you are serious about getting organized.

Overcoming Addictions

Last week we highlighted Juvenile Intervention & Faith-based Follow-up (JIFF), which is working with youth from in and around the juvenile justice system to equip them with the skills and support necessary to break the destructive cycle of criminal behavior. Drawing from another side of crime prevention, related to helping adolescents and adults fight drug and alcohol addiction, this week let us explore Memphis Recovery Centers.

True Cost of Vacation Homes

Ray’s Take You’re on vacation with your family. Everyone is relaxed and having a great time, so you think: Why don’t we quit “renting” our vacation and buy a vacation home here? What could be better than having a place to build family memories for years?

Is Your Board Bored?

Here’s a question for our readers who are nonprofit executives and board members: is your board fully engaged? Does the structure of your board meetings encourage members to bring their talents and abilities to the table or does it stifle members’ creativity and create a “bored board?”

Avoid These Seven Deadly Sales Sins

Whether you call it sales, business development or fundraising, bringing in new customers or donors is essential to your organization’s growth. After all, “nothing happens until a sale is made,” as the late founder of IBM, Thomas Watson, so prolifically stated.

Year-End Reminiscing

There was some reminiscing going on the other day. It was late December, and there wasn’t much else to do around the courthouse. Something about being in the courthouse causes the reminiscing to go in a certain direction; to wit: sworn testimony.

Corporate Vision: Are Your Sights Too Low?

CEOs are responsible for setting the strategic vision and driving long-term growth. However, many are compensated based on quarterly and annual goals, which can make keeping the long view in sharp focus challenging. Incremental moves to cut costs, improve efficiency and extend product lines may yield positive metrics. But is this short-term focus on financial results ultimately harming shareholder value by limiting long-term potential?

New Heroes

SCHOOL LESSONS IN HEROISM. On Friday morning, Dec. 21 – one week after semi-automatic gunfire swept through elementary school classrooms and the nation, murdering innocence – one week after a Memphis police officer stood between a bullet and you and me, giving us all she had – a single two-ton bell in the tower of Idlewild Presbyterian Church rang 29 times. Once for officer Martoiya Lang, 20 times for the children of Newtown, six times for their teachers and, unlike anywhere else I’m aware of, once for the shooter’s mother and once for him. Each is the toll of madness, of misplaced priorities and violence, of the belief that more armed violence is not only a righteous solution but a constitutional right. And of a country where it’s easier to buy an assault rifle than vote, easier to buy ammunition than Sudafed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 70 125 13,455
MORTGAGES 119 192 17,541
FORECLOSURE NOTICES 0 32 3,423
BUILDING PERMITS 0 623 31,553
BANKRUPTCIES 62 128 12,823
BUSINESS LICENSES 40 51 4,648
UTILITY CONNECTIONS 80 233 19,690
MARRIAGE LICENSES 25 69 4,129

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The Memphis News: Business, politics, and the public interest.