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VOL. 128 | NO. 184 | Friday, September 20, 2013

UPS to Double Presence at Airport

The world’s second-busiest cargo airport is about to see another increase in freight capacity, helping bolster a facility that has suffered in recent years from fewer passenger flights.

Cyclist Protection

City to debut 15 miles of protected bike lanes

The city’s third kind of bicycle lane has been taking shape for about a month on Overton Park Avenue between Bellevue Boulevard and Cleveland Street.

Bunker Upsets Carmichael For Lakeland Mayor

Shelby County Commissioner Wyatt Bunker upset incumbent Lakeland Mayor Scott Carmichael Thursday, Sept. 19, in the Shelby County town’s three way race for mayor including former mayor Jim Bomprezzi.

Covington Unilever Expansion To Add 428 New Jobs

Executives of Unilever USA announced Thursday, Sept. 19, their Covington plant will expand to add 428 new jobs at what is already the largest employer in Tipton County.

Rock’n Dough Pizza Opening in Jackson

The little Memphis pizzeria that could will soon be opening a new location in Jackson, Tenn.

Local Weather
Today
Memphis, TN
52°F
Mostly Cloudy
Wind: 14 mph
Humidity: 59%

EVENTS

Memphis Crisis Center will kick off Memphis Crisis Center Awareness Week with community leaders on Friday, Sept. 20, at 10 a.m. in the Health Sciences Park pavilion, 799 Madison Ave. The week aims to raise awareness, funds and volunteers for the center’s 24-hour hotline. Visit memphiscrisiscenter.org.

more events »

Intermodal Conference to Tackle Freight Issues

The Intermodal Freight Transportation Institute at the University of Memphis will host its seventh annual Intermodal Freight Conference at the FedEx Institute of Technology on the University of Memphis campus Tuesday, Sept. 24.

Tax Zone Would Fund Fairgrounds Remake

A 3-square-mile Tourism Development Zone would finance a $233 million renovation of the Mid-South Fairgrounds sought by the administration of Memphis Mayor A C Wharton Jr.

Myers Attacks Life’s Curveballs in Book

In the opening pages of his new book, “Hitting the Curveballs: How Crisis Can Strengthen and Grow Your Business,” Memphis entrepreneur Jay Myers is standing outside Yankee Stadium.

Luttrell Spells Out Head Start Terms

Shelby County Mayor Mark Luttrell confirmed weeks of speculation Wednesday, Sept. 18, saying he wants to hand off the $23 million federally funded contract county government has to provide Head Start services.

MEMPHIS STANDOUT

Coffield Finds Home to Contribute to Memphis

When Ashley Coffield accepted the position as president and CEO of Planned Parenthood Greater Memphis Region last spring, it was a sort of homecoming for the Rhodes College graduate.

SPORTS

Levien Discusses Grizzlies’ Accolades, Offseason Focus

A day after the news broke that ESPN The Magazine had crowned the Memphis Grizzlies the best franchise in North American pro sports, team CEO Jason Levien sat down for a one-on-one interview with The Daily News.

Tigers Work to Close Fourth Quarter

So far, the University of Memphis football team has been in the game come the fourth quarter. But, so far, they’ve been unable to take advantage of that situation in a 28-14 loss here to Duke and in a 17-15 defeat last week at Middle Tennessee State.

‘Wading in’ on Manziel, Carpenter, Tiger Football

Wading in and wondering why all the attention on Bo Pelini’s hissy fit? Lee Elia could have done better on his worst day … or worse on his best day. Point is, you’re way more entitled to a tirade when managing the Cubs than when coaching Nebraska football ... .

LOCAL COLUMNISTS

Take a Hike

LEARN TO WALK ALL OVER AGAIN. The couple at the next table was of a certain age – say mine, younger than radio but older than television – and each had the other completely tuned out. He fiddled with a bowl of something between glances at SportsCenter; she pushed some lettuce around between glances out the window. More was said at my table than theirs and I was by myself. They weren’t mad, not making some point with silence. You can tell. They just had absolutely nothing to say to each other.

Don’t Let People Halt Progress

Many times it is the people on the team that limit their own company’s growth. Infighting, politics and a lack of conviction at the top are the most common inhibitors to growth that we see in our work as consultants. Sure, breakthrough ideas backed by a strong business case are needed to fuel continued growth, but many times those are easier to come by than team collaboration and consensus. People stand in the way of progress.

MEMPHIS AREA

Analyst Downgrades FedEx Shares After Long Rally

NEW YORK (AP) – Goldman Sachs downgraded shares of FedEx Corp. on Thursday, saying that the package-delivery giant's stock was at a fair price after a long rally.

Mo’ Money Taxes Barred From Operating

MEMPHIS (AP) – A federal judge has issued a permanent injunction prohibiting the owners and a former manager of a tax preparation service from running such a business and from preparing tax returns for other people.

STATE GOVERNMENT

Senate Education Panel Holds Hearings on Common Core

NASHVILLE (AP) – Supporters and critics of a new set of benchmarks for math and reading are getting their voices heard this week, as a state Senate panel holds hearings on the common core standards that have been adopted to some degree by 47 states and the District of Columbia.

NATIONAL BUSINESS

Census: No Sign of Economic Rebound for Many in US

WASHINGTON (AP) – Even as the economy shows signs of improvement and poverty levels off, new U.S. census data suggests the gains are halting and uneven. Depending on education, race, income and even marriage, not all segments of the population are seeing an economic turnaround.

NATIONAL GOVERNMENT

Postmaster Says USPS May Need Emergency Rate Hike

WASHINGTON (AP) – Postmaster General Patrick Donahoe said Thursday his agency is in "the midst of a financial disaster" and may need an emergency increase in postage rates to keep operating.

Obama Convening Export Panel at White House

WASHINGTON (AP) – President Barack Obama says rising U.S. exports have been "one of the biggest bright spots" of the U.S. economy.

REAL ESTATE

US Home Sales Hit 6.5-Year High but Could Slow Soon

WASHINGTON (AP) – U.S. home sales rose last month to the highest level since February 2007 as buyers rushed to close deals before mortgage rates increased further.

Wells Fargo to Lay Off 1,800 Mortgage Employees

NEW YORK (AP) Wells Fargo & Co. says it plans to lay off an additional 1,800 employees from its mortgage department. The plans come after the bank cut about 2,300 jobs from the same unit in August.

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

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