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VOL. 128 | NO. 58 | Monday, March 25, 2013

Bank of Bartlett Continues Turnaround

The Federal Reserve Board has terminated a so-called “prompt corrective action” order for Bank of Bartlett that was released last year and which at the time asserted the bank was undercapitalized.

Fashion Philanthropy

Thigh High Jeans strives for positive social change

Not many companies can say their customer base includes Sheryl Crow, JJ Grey and Mofro, Robert Plant, Brandi Carlile and Grace Potter.

National College Ready for Growth

The National College of Business and Technology has a new building with new technology and more classroom space.

Essence Magazine’s Taylor Recruits Mentors in Memphis

The editor in chief emeritus of Essence magazine has been spending a lot of time in Memphis recently as part of her national call for more mentors.

Beale Street Plan Recommends New Nonprofit

A strategic planning committee on the future of the Beale Street entertainment district has recommended to Memphis Mayor A C Wharton Jr. a new nonprofit foundation to serve as the purveyor of the street’s culture and history.

Local Weather
Today
Memphis, TN
36°F
Fair
Wind: 5 mph
Humidity: 70%

EVENTS

Memphis Rotary Club will meet Tuesday, March 26, at noon at the University Club of Memphis, 1346 Central Ave. Commercial Appeal publisher George Cogswell will speak. Cost is $18. R.S.V.P. to Taylor Hughes at taylor@memphisrotary.org.

more events »

Defendant Gets 12 Years in Petties Drug Case

A contract killer for the Craig Petties drug organization who never carried out his job got a 12-year, five-month prison sentence Thursday, March 21, from U.S. District Court for the Western District of Tennessee Judge Samuel “Hardy” Mays.

Overton Park Conservancy Explores Golf Course Management

The Overton Park Conservancy is considering a bid to run the Overton Park Golf Course for the city of Memphis.

SMALL BUSINESS SPOTLIGHT

XMC Reaches Anniversary, Expands in East Tennessee

XMC Inc., the second-largest Xerox dealer in the U.S., is celebrating 20 years in business and is currently expanding into new areas of East Tennessee.

LOCAL COLUMNISTS

A Very Good Question to Ask

What if you knew the best predictor of future growth for your business? Think about it. If you knew the best predictor, you could look into it, see how you’re doing with regard to it and focus much of your time and energy on it.

STATE GOVERNMENT

Ramsey Named to Executive Committee of RLGA

NASHVILLE (AP) – Tennessee Senate Speaker Ron Ramsey is joining the executive committee of the Republican Lieutenant Governors Association.

NATIONAL GOVERNMENT

FCC Chairman Genachowski to Step Down

NEW YORK (AP) – The chairman of the Federal Communications Commission, Julius Genachowski, on Friday announced that he's stepping down in the "coming weeks," after a four-year tenure that's garnered mixed reviews for him and tangible progress in the industries he oversees.

Judge Raises Free Speech Question About SEC Disclosure Rule

WASHINGTON (AP) – A federal appeals court judge asked Friday how a new federal rule requiring publicly traded companies to disclose payments of $100,000 or more to foreign governments squares with the First Amendment's free speech protection.

Record Crop Insurance Payout Stirs Subsidy Debate

DES MOINES, Iowa (AP) – Farmers will be paid a record $16 billion in crop insurance claims for 2012 because of the widespread drought, a staggering amount that has critics calling for changes to what they say is an inefficient taxpayer subsidy the government cannot afford.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 63 269 16,682
MORTGAGES 85 313 21,745
FORECLOSURE NOTICES 0 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 65 287 15,829
BUSINESS LICENSES 16 67 5,558
UTILITY CONNECTIONS 126 413 23,986
MARRIAGE LICENSES 22 94 5,129

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