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VOL. 129 | NO. 40 | Thursday, February 27, 2014

ServiceMaster Revenue Flat, Income Drops for 2013

The ServiceMaster Co. LLC took a net income loss of $506 million for the year 2013 and an $18 million loss for the last three months of the year.

Healthy Design

Hernando mayor touts role of design standards

The road to community health and wealth is paved, at least in part, with smart design principles.

School Closings Votes Leave Issues

Shelby County Schools board members completed Tuesday, Feb. 25, the first half of their actions to prepare the new map of the demerged school system for the academic year that begins in August. And they set the stage for more possible changes in years to come.

Beale Street Music Festival Lineup Announced

The bill for the three-day Memphis in May Beale Street Music this year features a new night of late night dance music from a stage in Tom Lee Park and a 69-act lineup in which Memphis artists are nearly a third of the diverse set of performers.

Economic Club Names Tucker Executive Director

Just because she took a voluntary buyout from FedEx in December doesn’t mean Laurie Tucker is ready to slow down.

Local Weather
Today
Memphis, TN
71°F
Cloudy
Wind: 9 mph
Humidity: 81%

EVENTS

Sales and Marketing Society of the Mid-South will host a roundtable with Jana Cardona, executive director of Business Network International, Thursday, Feb. 27, from 7:30 a.m. to 8:30 a.m. at Cheffie’s Cafe, 483 High Point Terrace. The topic is “Strategy for Building a Solid Referral Business – Develop Your Referral Marketing Business Plan.” Cost at the door is $20. Visit sms-midsouth.org.

more events »

Consolidation Talk Surfaces as Races Come to Life

Shelby County Commissioner Steve Mulroy says he would pursue city and county government consolidation if elected Shelby County mayor.

Hampline Recalls Overton Park Interstate Plans

In a city with lots of markers and monuments showing where historic events happened, there is an increasing amount of attention to a different kind of Memphis historic event.

Pilot Program Provides Meals to Westwood Seniors

The housebound elderly woman had maybe a half-dozen boxes of cereal. She had been on a waiting list for Meals on Wheels for five years.

LOCAL COLUMNISTS

Kids' College Versus Your Retirement

Ray’s Take: Most parents want to give their kids the best college education possible. At the same time, they know they must finance their own retirement. It’s hard to objectively prioritize, especially when your precious children are involved.

How to Fight the Flat

Markets have regained their composure after a sharp, but necessary, sell off in early January. Sentiment has now retreated from the euphoric levels reached toward the end of last year, to more neutral levels.

High Colorado

“Friends around the campfire, and everybody’s high.” I cannot but think that John Denver was a prophet after all.

STATEWIDE

Paula Deen to Open Eatery in Pigeon Forge

SAVANNAH, Ga. (AP) Paula Deen's comeback trail is leading her to the Smoky Mountains of east Tennessee.

REGIONAL

Mississippi Senate Approves Preliminary Borrowing Plan

JACKSON, Miss. (AP) – Plans to borrow money for Mississippi's public universities and community colleges are moving forward.

Arkansas House Committee Approves Lieutenant Governor Bill

LITTLE ROCK, Ark. (AP) – An Arkansas House committee has approved a Senate bill aimed at keeping the lieutenant governor's office open until November after the last officeholder resigned over ethics violations.

NATIONAL BUSINESS

Big Changes Ahead for Frequent Fliers on Delta

DALLAS (AP) – Delta Air Lines is changing its frequent-flier program to favor passengers who buy the priciest tickets instead of those who fly the most miles.

Data-Breach Costs Take Toll on Target Profit

NEW YORK (AP) – Looks like Target Corp. will be feeling the financial pain for a while from the theft of credit card numbers and other information from millions of its customers.

NATIONAL GOVERNMENT

Feds File Suit Against For-Profit College Chain

WASHINGTON (AP) – The Consumer Financial Protection Bureau filed suit Wednesday against a large, for-profit college chain alleging that it pushed students into high-cost private student loans knowing they would likely end in default.

GOP Tax Plan Lowers Rates, Repeals Popular Breaks

WASHINGTON (AP) – A sweeping House Republican plan to overhaul the nation's tax laws would wipe out a slew of popular tax breaks to help pay for lower overall tax rates, a politically risky move in an election year that drew quick opposition Wednesday.

HEALTH CARE

Senators Look for E-Cigarette Marketing Limits

RICHMOND, Va. (AP) – Several U.S. senators are co-sponsoring a bill that would curb electronic cigarette marketing while the fast-growing industry awaits federal regulation.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 182 13,079
MORTGAGES 135 267 17,025
FORECLOSURE NOTICES 0 21 3,322
BUILDING PERMITS 366 366 30,930
BANKRUPTCIES 69 135 12,478
BUSINESS LICENSES 23 43 4,532
UTILITY CONNECTIONS 182 328 19,221
MARRIAGE LICENSES 32 67 3,976

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