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VOL. 129 | NO. 103 | Wednesday, May 28, 2014

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.

Breathing Easier

UTHSC screening and treatment programs target lung cancer

Early screenings reduce lung cancer’s mortality rate. Dr. Benny Weksler is sure of that much.

School Board Begins Contract Extension Talks, Approves Two Charters

Shelby County Schools board members have authorized the board’s attorney to begin talks with attorneys for superintendent Dorsey Hopson about a possible extension of his three-year contract to lead the school system.

Commission Prepares Final Budget Moves

When Shelby County Commissioners make the last adjustments to the county budget in committee sessions Wednesday, May 28, they will likely increase the 2.5 percent pay raise county Mayor Mark Luttrell proposed for county employees to 3 percent.

MATA President Calls for Expanded Service

The interim leader of the Memphis Area Transit Authority wants the city’s bus line to get more involved in “transportation management associations.”

Local Weather
Today
Memphis, TN
48°F
Partly Cloudy
Wind: 10 mph
Humidity: 77%

EVENTS

The Memphis Lawyers’ Chapter of the Federalist Society will hold a panel discussion on religious liberties Wednesday, May 28, from 11:30 a.m. to 1 p.m. at The Madison Hotel, 79 Madison Ave. U.S. Magistrate Charmiane G. Claxton will moderate the panel. Cost is $25 for members and $30 for nonmembers, and includes lunch. RSVP to gregory.grisham@jacksonlewis.com or 462-2616.

more events »

Riverside Drive Begins Pedestrian, Bike Lane Trial

With Saturday’s rain closing the Sunset Symphony, the Memphis in May International Festival ended its month-long stay in Tom Lee Park.

NEWSMAKERS

Dykes Joins Family Safety Center as Controller

Janet Dykes has joined the Family Safety Center, Memphis and Shelby County’s center for victims of domestic violence, as controller. In her new role, she is responsible for all finance, accounting and human resources functions, in addition to providing leadership and coordination in the organization’s administrative, business planning, accounting and budgeting efforts.

LOCAL COLUMNISTS

Save Your Sales Team From Extinction

Second in a two-part series. The Information Age has created a marketplace built predominantly of connected buyers who have largely determined whether or not to buy from us before they ever make contact with a sales rep. Due to readily available info about your company and competitors, sales support is unnecessary early in the buying process, forever changing the role of the sales rep.

STATEWIDE

Protesters Oppose New Tennessee Electric Chair Law

NASHVILLE (AP) – Protesters at the state Capitol voiced opposition Tuesday to a new law signed by Gov. Bill Haslam allowing the use of the electric chair if lethal injection drugs are unavailable to execute condemned prisoners.

STATE GOVERNMENT

Bell Blasts Judicial Conduct Board for Dropping Complaint

NASHVILLE (AP) – A powerful state senator has written a letter excoriating the board that disciplines judges for dismissing an ethics complaint against the chief justice of the Tennessee Supreme Court.

NATIONAL BUSINESS

Median CEO Pay Crosses $10 Million in 2013

NEW YORK (AP) – They're the $10 million men and women.

US Consumer Confidence Moved Up in May

WASHINGTON (AP) – U.S. consumers were slightly more confident in the economy in May than in April, partly because of strengthening optimism about future hiring and income gains.

Membership Rises Again for Indie Bookstores

NEW YORK (AP) – Independent booksellers may never regain the stature of the pre-digital, pre-superstore era, but their presence continues to grow.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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