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VOL. 128 | NO. 215 | Monday, November 4, 2013

Sebelius Brings Health Care Talk to Town

Forty-eight hours after a congressional committee grilled her over problems related to the new health insurance website, U.S. Health and Human Services Secretary Kathleen Sebelius was in Memphis, flanked by defenders.

Kelsey Addresses That Book He Gave Sebelius

The only warning State Sen. Brian Kelsey, R-Germantown, gave of what he intended to do at U.S. Health and Human Services Secretary Kathleen Sebelius’ visit to the Benjamin L. Hooks Central Library Friday, Nov. 1, was that he would appear “in protest of the visit.”

EMPHASIS Commercial Real Estate

‘Pro-Business’

DeSoto County continuing role as commercial real estate hotbed

The explosive population growth and business-friendly environment in DeSoto County have combined to transform its formerly sleepy suburbs into thriving retail and industrial development centers.

East Memphis Office Market Continues To Tighten

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

Local Weather
Today
Memphis, TN
79°F
Light Rain
Wind: 7 mph
Humidity: 83%

EVENTS

The Orpheum Theatre will present “West Side Story” Tuesday, Nov. 5, through Sunday, Nov. 10, at the theater, 203 S. Main St. Visit orpheum-memphis.com or call 525-3000 for showtimes and tickets.

more events »

Community Main Focus of Conrad’s Goals

Since Kemp Conrad, principal with Cushman & Wakefield/Commercial Advisors LLC, took the position as president of Commercial Advisors’ asset services – a leading third-party provider of leasing, property management and project management services – revenues have increased by 215 percent.

Nineteenth Century Club Bond Posted

Plaintiffs seeking to stop planned demolition of the Union Avenue mansion once home to the Nineteenth Century Club haven’t cinched a deal with the property’s new owner, but they have closed on a court appeal that could take years to play out.

3 Memphians Among State Supreme Court Applicants

Two Memphis judges and a Shelby County Commissioner are among the five applicants for a vacancy on the Tennessee Supreme Court.

St. Jude’s Downing Elected to Institute of Medicine

Dr. James R. Downing of St. Jude Children’s Research Hospital has been elected to the Institute of Medicine, a branch of the National Academy of Sciences.

Tomasik Gets Libertarian Heading on Ballot

Attorneys for the state of Tennessee had argued in a Nashville federal court that third-party candidates in Tennessee should be able to be listed under a heading including the names of their parties. And they lost in their defense of a state law permitting the listing.

Workshop Will Outline Growth Principles for Business

It’s a natural impulse for a business owner to want to grow the business. That desire, in fact, is practically a requirement for an entrepreneur who wants his company to stick around tomorrow and who wants to do more than tread water today.

SMALL BUSINESS SPOTLIGHT

Crosstown Developers Eye Project’s ‘Magic in the Mix’

It would seem the only thing that might hold up the locomotive that is the Sears Crosstown $180 million renovation at this point is a much-needed $15 million from the city of Memphis.

LOCAL COLUMNISTS

Be Open To Surprises

The commercial world of research and development, product development and innovation can learn from the insights of poetry by applying the deep wisdom to its process and pipeline. A single line from a Robert Frost essay has the gravity to change the growth trajectory of a business: “No surprise for the writer, no surprise for the reader.”

NATIONAL BUSINESS

Big Lots Closing its Wholesale Units

COLUMBUS, Ohio (AP)Big Lots Inc. said Friday that it will close its wholesale business by the end of the year, citing tough competition and weaker sales and margins.

Houghton Mifflin Expects to Raise as Much as $292 Million

BOSTON (AP) Houghton Mifflin Harcourt Co. said Friday that it plans to sell 18.25 million shares in its company for $14 to $16 per share in its initial public offering. At the high end of that range, the educational publisher would raise $292 million.

NATIONAL GOVERNMENT

Congress Governs Self Under 'Obamacare'

WASHINGTON (AP) – Think you're confused by "Obamacare"? It's roiling Capitol Hill behind the scenes, too.

HEALTH CARE

White House: Initial Health Numbers Won't be High

WASHINGTON (AP) – The White House says enrollment numbers for the first months of new health care exchanges won't be very high.

FDA Approves New Leukemia Drug From Roche

WASHINGTON (AP) – The Food and Drug Administration on Friday approved a new drug from Roche to help treat patients with a type of cancer of the blood and bone marrow.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 54 266 12,031
MORTGAGES 111 406 15,756
FORECLOSURE NOTICES 27 107 3,130
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 73 364 11,671
BUSINESS LICENSES 17 119 4,274
UTILITY CONNECTIONS 121 549 17,732
MARRIAGE LICENSES 23 104 3,668

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