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VOL. 125 | NO. 202 | Monday, October 18, 2010

First Horizon Scores Another Surprise Profit

For the second quarter in a row, the parent company of First Tennessee Bank has posted a surprise profit and soundly beat even the most optimistic analyst forecast.

Eye on Trucking

Expo to shine spotlight on business of moving goods

A first-of-its-kind event catering to the transportation and logistics industry is coming to Memphis next weekend.

House Cleaning at City's Fleet Services Bureau

All four managers left in the city’s Fleet Services Bureau have been dismissed and/or their positions abolished by the city of Memphis in a restructuring of the General Services division the bureau is a part of.

Shelby County Court Filings See Sharp Dropoff From Q2

Court filings in Circuit, Chancery and Probate Courts for the third quarter of 2010 were relatively unchanged from the same quarter of 2009 and down significantly from the second quarter of this year

Yuengling Expansion Could Bring Tourism, Wider Beer Distribution

A brewery in Memphis will allow D.G. Yuengling & Son Inc. to introduce its beer to new markets in the South and Midwest, said David Casinelli, the company’s chief operating officer.

Local Weather
Memphis, TN
Wind: from the Southeast at 15.0 gusting to 28.8 mph
Humidity: 69%


The Alzheimer’s Association will hold an introduction class to dementia and Alzheimer’s disease Monday at 5:30 p.m. at the Alzheimer’s Association offices, 326 Ellsworth. For more information, call 565-0011 or visit www.alz.org.

more events »

Rotarians Launch Midtown Club

Midtown now has its own Rotary club.

Cafe Las Flores Growing ‘One Coffee Bean at a Time’

Lucia Heros walks down the hall of her home each morning to her office with its windows overlooking a garden. She carries a steaming cup of black coffee.

Facing Bombardment

Business owners are bombarded by invitations to join this group or that, attend seminars and buy “bestselling” books. We may feel uneasy because we think we should be participating in all of them lest we miss the latest “secrets of success.” What to do?

Corporate Charitable Giving

In previous columns, we discussed ways for individuals to get involved in charitable giving. Today we will explore ways in which companies can help their employees engage in giving back.


The Contrarian

After the politically tempestuous summer of 2009, marked by fiery rallies from the growing Tea Party movement, President Barack Obama addressed a joint session of Congress that September.

Election Guide 2010

A rundown of the key issues and races that voters will decide when they go to the ballot  for early voting through Oct. 28 or on Election Day, Nov. 2.

Bredesen Book Pinpoints Reform’s Shortcomings

Tennessee Gov. Phil Bredesen has clarified his view on the national health care reform.

Quartet Brings ‘A La Carte’ Performance to U of M

Menus aren’t just for restaurants anymore. An acclaimed string quartet plans to allow the audience to choose its musical program during an upcoming University of Memphis performance.

No Set Rules for Delivering ‘On the House’ Food, Drinks

So, you’re a couple celebrating an anniversary or a birthday, and you go to a nice restaurant, sit at the bar, chat with the bartender and somehow it comes out that, oh, this is exactly where you were sitting two years ago when you got engaged. The bartender says, “Folks, congratulations, two glasses of champagne, on the house!”

Fritz Produces Delightful, Edgy Chardonnay

I open bottles of chardonnay from California with trepidation, because I know that so many of them are – to my palate! – undrinkable. Perhaps my readers enjoy a style of chardonnay that smells like crème brulee and pineapple-upside-down cake and tastes like toasted coconut cream pie doused in cloves, vanilla and limoncello. Not I! What I – and we in our household – prefer is a chardonnay that reflects the actual smell, taste and heft of the grape itself, unencumbered by the Frankensteinian machinations that oft occur in the winery.


Medtronic Gets OK to Study Heart Valve in US

MINNEAPOLIS (AP)Medtronic Inc., the world's largest medical device maker, said Friday it received U.S. regulatory approval to begin testing a new artificial heart valve that can be implanted with minimal surgery.


Countrywide CEO Mozilo Settles With SEC for $67.5M

LOS ANGELES (AP)Countrywide Financial Corp. co-founder Angelo Mozilo and two other former executives have agreed to pay tens of millions of dollars to avoid a trial on civil fraud and insider trading charges, a federal judge said in court Friday.

Bernanke: Fed Wrestles With Size of Aid Program

WASHINGTON (AP) – The Federal Reserve is prepared to take further steps to rejuvenate the economy by buying Treasury bonds but is wrestling with how big the program should be, Chairman Ben Bernanke said Friday.

Google's Q3 Proves Company can Afford Big Spending

SAN FRANCISCO (AP)Google Inc. is still spending money like the recession is a distant memory, but investors can't complain too much as long as the Internet search leader keeps expanding its advertising empire like it did in the summer.

Sept. Retail Sales Rise, Third Monthly Increase

WASHINGTON (AP) – Americans spent more money on cars, furniture and at hardware stores to boost retail sales to a third monthly increase in September.

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PROPERTY SALES 85 317 11,842
MORTGAGES 99 353 13,780
BUILDING PERMITS 304 784 24,948
BANKRUPTCIES 54 233 7,706

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