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VOL. 129 | NO. 102 | Monday, May 26, 2014
EMPHASIS Health Care & Biotech

Medical Makeover

Medical Center transforming with $1.4 billion in investments

After suffering from years of benign neglect, a new, more invigorated Memphis Medical Center is finally beginning to take shape.

Grants Prove Bioworks is Delivering Good Results

One grant is good. Two grants are better.

Alexander Addresses Device Tax Frustrations

When U.S. Sen. Lamar Alexander came to Bartlett in March to talk with leaders of several local biotech companies, he had a specific issue in mind – the medical device tax that is part of the Affordable Care Act, also known as Obamacare.

AutoZone Quarterly Profit Rises 7.4 Percent

Memphis-based AutoZone Inc. has enjoyed double-digit earnings per share growth every quarter since the latter part of the administration of President George W. Bush – 31 straight quarters, to be precise.

FedEx Wants to Explore ‘Final Frontier’

FedEx announced one of its newest – and more unusual sounding ventures – with a cheeky tweet.

Healthy Memphis Common Table Unveils New Name

Healthy Memphis Common Table’s fourth annual meeting and recognition luncheon included the launch of a new name and logo and the honoring of the inaugural Health Impact Award recipients.

Hopson Contract Extension Faces Tight Timeline

The Shelby County Schools board will discuss Tuesday, May 27, an extension of Dorsey Hopson’s three-year contract to be superintendent of the school system.

I Choose Memphis: Jon Alfuth

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

SMALL BUSINESS

Withers Collection Expands With Dorothy Mae’s Cafe

With signs of new life on the block of the Beale Street entertainment district between Hernando and Fourth streets, Rosalind Withers feels like she is ready to go in some new directions with the Withers Collection, the home of the collected works of her late father, photographer Ernest Withers.

REAL ESTATE RECAP

Shelby Farms Files $25 Million Permit for Lake Expansion

500 Pine Lake, Memphis, TN 38134, Permit Cost: $25 million -
The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.

LOCAL COLUMNISTS

Have Courage to Leap

As Innovation and Growth Strategy consultants, we have methods, processes and exercises that we apply to client problems.

Finding Your Ideal Partner

How do you become a successful nonprofit fundraiser? What is the secret to success? An engaging personality, relationships, tenacity, creativity, sales ability and consistent follow through are some of the attributes of successful fundraisers.

Take Proper Steps Before Investing

So you want to buy or sell an investment property?

STATE GOVERNMENT

Haslam Vetoes Reduction of Penalties for Pollution

NASHVILLE (AP) – Republican Gov. Bill Haslam on Thursday vetoed a bill over what he called an unintended consequence of reducing the criminal penalties for pollution in Tennessee.

NATIONAL BUSINESS

Reynolds Expanding E-Cigarette Production

RICHMOND, Va. (AP) Reynolds American Inc. is expanding its Tobaccoville, North Carolina, manufacturing complex as it plans national distribution of its Vuse brand electronic cigarette this summer, the company said Friday.

What Shopping Will Look Like in the Future

NEW YORK (AP) – One of America's favorite pastimes is changing rapidly.

NATIONAL GOVERNMENT

Appeals Court Judge Faces Ethics Questions

WASHINGTON (AP) – The chief judge of the U.S. Court of Appeals for the Federal Circuit announced Friday that he's stepping down from his post, a day after reports that he sent a complimentary email to an attorney who had argued cases before him.

HEALTH CARE

Docs Settle Insider GTx Trading Claims for $100,000

SAN BERNARDINO, Calif. (AP) – Two Southern California doctors will pay more than $100,000 to settle insider-trading allegations involving a drug they were testing.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 114 332 10,554
MORTGAGES 119 412 13,739
FORECLOSURE NOTICES 12 80 2,724
BUILDING PERMITS 522 915 25,222
BANKRUPTCIES 80 264 10,156
BUSINESS LICENSES 16 78 3,814
UTILITY CONNECTIONS 92 430 14,987
MARRIAGE LICENSES 15 83 3,250

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