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VOL. 129 | NO. 54 | Wednesday, March 19, 2014

FedEx Profit Up, But Misses Expectations

DALLAS (AP)FedEx Corp. says its latest quarterly profit rose 5 percent from a year ago despite storms that raised the company's costs, but the results were below analysts' expectations.

Fast Food Workers Allege ‘Wage Theft’

Community leaders and fast-food workers gathered at the McDonald’s restaurant at 2073 Union Ave. on Tuesday to protest what they are calling wage theft at McDonald’s restaurants nationwide. Last week, McDonald’s workers in California, Michigan and New York filed suits against the chain, claiming the company engages in illegal practices to avoid paying them what they’re owed. The violations outlined in the suits aren’t specific to McDonald’s, but lawyers said they targeted the company because it’s an industry leader. McDonald’s said it’s investigating the allegations.

County Commissioners Review Ethics Code

Shelby County Commissioners take their first look Wednesday, March 19, at possible changes to county government’s ethics code.

School Board Reviews $52.6 Million Capital Ask, Altered Attendance Zones

The Shelby County Schools board votes next week on a $52.6 million capital funding ask of the Shelby County Commission designed to get in under the wire before all school funding from the county has to be divided based on average daily attendance including that of the six suburban school districts.

Memphis Rewrites Soul Classic to Promote Federal Health Care

A classic soul song from the late 1970s has been tweaked as part of a City of Memphis campaign designed to encourage people to enroll in the new federal health insurance marketplace.

Local Weather
Today
Memphis, TN
69°F
Partly Cloudy
Wind: 3 mph
Humidity: 68%

EVENTS

Sales & Marketing Society of the Mid-South will meet Wednesday, March 19, from 11:30 a.m. to 1 p.m. at The Racquet Club of Memphis, 5111 Sanderlin Ave. Scott Lackey, founder and president of Meridian Performance Group LLC, will present “Your Strategy Earned You the Opportunity; Don’t Let Your Personality Kill It.” Cost is $35 at the door. Visit sms-midsouth.org.

more events »

EmergeMemphis Unveiling New Look, Plan

EmergeMemphis, the organization formed in 2001 that serves as an incubator for high-growth companies, is preparing to roll out a new logo and a new brand image as it lays out its plan for the next few years.

University of Memphis Provost Kicks Off President Interviews

David Rudd began with the obvious this week, as the four finalists to become the next president of the University of Memphis began individual sessions with faculty, students and staff at the city’s largest institution of higher education.

‘Champion of Working Man’ Rep. Turner Set to Retire

State Rep. and Nashville Democrat Mike Turner is retiring from the General Assembly and considering a run for mayor.

MEMPHIS NEWSMAKERS

Stewart Joins Metal Museum as Collections Manager

Grace Stewart has joined the Metal Museum as collections manager/registrar. Stewart, who previously served as registrar for the National Civil Rights Museum for a year and a half, says her goals are to help grow and define the Museum’s permanent collection and facilitate greater access to the collection through exhibits and education opportunities.

LOCAL COLUMNISTS

Measurement: Holy Grail of Marketing

Second in a two-part series. Measurement is the Holy Grail of marketing. A savvy marketer would naturally prefer to invest his dollar in a strategy with a measurable return on investment versus one without.

STATE GOVERNMENT

Tennessee Governor Appeals Same-Sex Marriage Order

NASHVILLE (AP) – Tennessee's governor is asking a federal judge to put her ruling requiring the state to recognize the marriages of three same-sex couples on hold while a higher court weighs in on the case.

Haslam Pushing Common Core Standards

NASHVILLE (AP) – Gov. Bill Haslam reiterated Tuesday that Common Core education standards are crucial to continuing to improve education in Tennessee and he hopes to dismiss misconceptions about them.

Lawmakers Mull Full Repeal of Tennessee Whiskey Law

NASHVILLE (AP) – State lawmakers are considering an outright repeal of a 2013 law that for the first time established a legal definition of Tennessee whisky.

House Rejects Senate Changes to Medicaid Bill

NASHVILLE (AP) – The House has rejected Senate changes to a bill to require the governor to seek legislative approval for any prospective deal to expand Medicaid in Tennessee.

Bill Makes Changes to State Textbook Commission

NASHVILLE (AP) – A proposal that makes changes to the process for selecting books for state schools has been approved by the Senate.

NATIONAL BUSINESS

US CEOs' Optimism on Economy Reaches 2-Year High

WASHINGTON (AP) – U.S. chief executives have grown more optimistic about economic growth this year, and more of them plan to boost spending and hiring within the next six months.

US Consumer Prices Tick Up Just 0.1 Percent

WASHINGTON (AP) – Cheaper energy kept U.S. consumer prices in check last month, despite a big rise in the cost of food, the latest sign that inflation is tame.

TECHNOLOGY

Google Redesigns Android to Power Smartwatches

SAN FRANCISCO (AP) – Google thinks it's time for an Internet-connected watch that performs many of the same tasks as a smartphone but with fewer distractions and rude interruptions.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 218 10,440
MORTGAGES 91 293 13,620
FORECLOSURE NOTICES 0 43 2,687
BUILDING PERMITS 0 393 24,700
BANKRUPTCIES 59 181 10,073
BUSINESS LICENSES 25 62 3,798
UTILITY CONNECTIONS 90 338 14,895
MARRIAGE LICENSES 0 58 3,225

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