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VOL. 128 | NO. 59 | Tuesday, March 26, 2013

Board to Weigh School Closings

Countywide school board members are scheduled to vote Tuesday, March 26, on the closings of four schools at the end of the current year.

Secret Sauce

Memphis Pizza Cafe celebrates 20 years in business

Twenty years ago this month, a trio of businessmen opened a new pizza shop in Overton Square.

Highwoods Signs Build-To-Suit Lease with International Paper

Highwoods Properties Inc. has signed a long-term build-to-suit lease with International Paper Co.

FedEx to Buy Boeing Jets from United Airlines

MEMPHIS (AP) FedEx Corp. says it will buy up to 30 Boeing aircraft from United Airlines and convert them into cargo planes.

Sammons Seeks Final Cut Numbers From Delta

Jack Sammons, the new chairman of the Memphis-Shelby County Airport Authority board, is no stranger to the flight from Memphis to Atlanta. Sammons long has been the board’s frequent flyer when it comes to business travel.

Local Weather
Today
Memphis, TN
80°F
Partly Cloudy
Wind: 6 mph
Humidity: 29%

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 »

Nonprofit Proposed for Beale

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 GOP Convention Continues Tea Party Effort

When Shelby County Republicans got together for the biannual party convention Sunday, March 24, in Bartlett, local party chairman Justin Joy counseled patience.

New Books Designed to Increase Fundraising

Local fundraising consultants Melvin and Pearl Shaw have written two books designed to help nonprofits increase their fundraising activity.

REAL ESTATE RECAP

Berclair Dollar General Sells for Almost $1 Million

3443 Jackson Ave., Memphis, TN 38122

LOCAL COLUMNISTS

Partnerships Key in Baptist Operation Outreach

Last week we highlighted the On Location: MEMPHIS International Film & Music Festival and “Memphis Rocks” category, which is a free opportunity for Memphians to submit short videos that spotlight positive perspectives about our city for a chance to see them shown on the silver screen. This week let us turn our attention to an organization that is now “well beyond a century” with a true heartbeat of giving back to the community: Baptist Memorial Health Care.

It’s Just a Lease Renewal, Right?

So your office lease is expiring and it’s time to make a decision about your space. Hopefully you are at least six to 12 months out from your expiration date as you are thinking about all of this – and if you are thinking of moving, you might want more time than that. This is a big decision, and not just because moving, if that’s a possibility for your company, is a huge ordeal. It’s a big decision because office lease expense is typically one of your larger operating expenses.

STATEWIDE

Dollar General Quarterly Profit Rises, Traffic Improves

GOODLETTSVILLE, Tenn. (AP) – Dollar General's fiscal fourth-quarter net income climbed 9 percent as more customers came in to its stores and shoppers spent more per transaction.

STATE GOVERNMENT

House to Hear New Version of Voter ID Bill

NASHVILLE (AP) – Student identification cards issued by public universities could not be used to vote under legislation scheduled to be heard on the House floor Monday evening.

Q: Is That Capitol Sink for Muslims? A: No, Mops

NASHVILLE (AP) – Sometimes a mop sink is just a mop sink.

NATIONAL BUSINESS

Dell Board Will Deal With Icahn, Blackstone

Michael Dell may have to hike the price he's willing to pay if he wants to take the computer company he founded private, thanks to competition from two new acquisition offers.

NATIONAL GOVERNMENT

SEC Approves Nasdaq's Facebook IPO Payment Plan

NEW YORK (AP) – The Securities and Exchange Commission said Monday that it has approved a plan by the Nasdaq stock exchange to pay $62 million in reimbursements to investment firms that lost money because of technical problems during Facebook's initial public offering last year.

High Court Takes on a New Affirmative Action Case

WASHINGTON (AP) – The Supreme Court's decision to hear a new case from Michigan on the politically charged issue of affirmative action offers an intriguing hint that the justices will not use a separate challenge already pending from Texas for a broad ruling bringing an end to the consideration of race in college admissions.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 22 77 1,556
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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