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VOL. 127 | NO. 17 | Thursday, January 26, 2012

Delta’s Quarterly Profit More Than Doubles

Delta Air Lines reported its most profitable quarter ended in December in the company’s history – with quarterly profit excluding special items more than doubling from a year ago.

Sprouting Up

Shelby Farms Park latest spot for electric vehicle charging stations

It sounds like a simple enough project. Put solar panels over 10 parking spaces on the lot of the Shelby Farms Park Visitors Center and let electric vehicles and hybrids using electricity recharge there.

Audit: MPD Organized Crime Unit Didn’t Follow Spending Guidelines

An audit of the Memphis Police Department’s Organized Crime Unit says the unit, which includes undercover drug investigations and other covert operations, “needs significant improvement” in obeying guidelines for the use of money in the OCU drug fund.

Glen Gilmore To Headline TDN Seminar

Social media has become the new marketplace.

Sunbelt Focus for Multifamily Development

Since MAA pays out 95 percent of its earnings every year to its shareholders, CEO Eric Bolton spends a fair amount of his time chasing money.

Local Weather
Currently
Memphis, TN
60.0°F
Overcast
Wind: Northwest at 8.1 mph
Humidity: 96%

EVENTS

The Memphis alumnae association of Kappa Kappa Gamma will hold a luncheon titled “Literacy is Key: A Book and Author Affair” Thursday, Jan. 26, at 11 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Authors Kim Edwards and Lisa Patton will speak, and book-signings will follow. Tickets are $45 per person, which benefits Literacy Mid-South. For more information, visit www.memphiskkg.org.

more events »

Charity Finds Use For Unspent Gift Cards

Emily Thomas wants the neglected gift cards that have been languishing for months in your wallets, desk drawers and purses.

Court Docket Sees 2 Notable Drug Cases

For now, Federal Judge Hardy Mays has decided that the last two defendants in the biggest drug case ever brought in Memphis federal court will not be shackled when the jury begins hearing the case.

STCC Files Permit for Nursing Building

Southwest Tennessee Community College this week moved closer to beginning its planned Nursing and Biotechnology Building at 693 Union Ave., according to a $14.6 million building permit application filed Monday with the city-county Office of Construction Code Enforcement.

MEMPHIS LAW TALK

Caywood Reflects On 50 Years in Law

David Caywood had about $15 in his pocket on a particular day he was walking the halls during his years at Vanderbilt University.

LOCAL COLUMNISTS

Make Sure To Protect Your Identity

Ray’s Take Identity theft is any crime where someone uses another individual’s personal information in a deceptive way, usually for personal profit. According to surveys conducted by the Federal Trade Commission, 9 million to 10 million people in America experience identity theft each year.

Olio, Oleo And Resolutions

Choosing the word “olio” for use in the title hereof reminds me I’ve resolved this year to read (and try to understand) “Lio” (the last three letters of “olio”). I’ve struggled with that comic strip and, as a result, had all but stopped reading it.

STATE GOVERNMENT

Haslam, Speakers Want to Keep Judge Appointments

NASHVILLE (AP) – The state's top Republicans want to place a ballot measure before Tennessee voters to eliminate any constitutional questions about the current system for appointing judges.

NATIONAL BUSINESS

Apple Briefly Passes Exxon as Most Valuable Co.

NEW YORK (AP) – Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

J.C. Penney Gets Rid of Hundreds of Sales

NEW YORK (AP) – J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers no longer have to wait for sales to get bargains.

NATIONAL GOVERNMENT

Fed Unlikely to Raise Rates Until at Least 2014

WASHINGTON (AP) – The Federal Reserve went further than ever Wednesday to assure consumers and businesses that they'll be able to borrow cheaply well into the future.

Fed: Slightly Lower Growth, Unemployment in 2012

WASHINGTON (AP) – The Federal Reserve has slightly reduced its outlook for U.S. economic growth this year but is a little more optimistic about the unemployment rate.

Bernanke: Interest Rate Hike in 2014 'Best Guess'

WASHINGTON (AP) – The Federal Reserve's announcement that it is unlikely to raise its benchmark interest rate until late 2014 is simply its "best guess," Ben Bernanke said Wednesday.

SPORTS

Fuente Hires Dickey as Offensive Coordinator

MEMPHIS (AP) – Coach Justin Fuente has filled out his Tigers' offensive staff by hiring Darrell Dickey away from Texas State as his offensive coordinator, bringing him back to Memphis.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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