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VOL. 125 | NO. 220 | Thursday, November 11, 2010

Cook Convention Center Board Chooses CVB Bid

Between now and the end of the year, the board of the Memphis Cook Convention Center and the Memphis Convention and Visitors Bureau (CVB) hope to come to terms on a contract for the CVB to run the convention center.

Clean Slate

ServiceMaster takes cleaning international

A Memphis corporation is helping set standards for best practices in the health care industry on an international level.

Davis-Kidd Parent Co. Files for Bankruptcy

The Joseph-Beth Group, the parent company of Davis-Kidd Booksellers, has filed for Chapter 11 bankruptcy.

Motorsports Park Set for Auction Block

Memphis Motorsports Park will soon have a new owner after being out of commission for the past year.

CCDC to Consider Several Grants

Downtown leasing and development activity is continuing at a steady clip, judging from the agenda of next week's Center City Development Corp. monthly meeting.

Local Weather
Currently
Memphis, TN
67.0°F
Fair
Wind: from the West at 16.1 gusting to 21.9 mph
Humidity: 44%

EVENTS

The Palladio Group will hold its annual Christmas Open House Thursday through Saturday at Palladio, 2169 Central Ave. The open house will feature special events, artists, decorating demonstrations and guest exhibitors. For more information, visit www.thepalladiogroup.com.

more events »

Glankler Brown’s Eastbound Move Starts Friday

The long-planned relocation of Glankler Brown PLLC’s Downtown office to East Memphis, which resulted in one of the most significant commercial real estate deals inked this year, gets under way Friday.

Shelby Legislators Prepare Return to Nashville

Shelby County’s legislative delegation to Nashville remained intact following the Nov. 2 election.

Competitors Partner on Bone Marrow Transplants

Some of the city’s fiercest health care competitors have joined forces so Memphis can have a top-quality bone marrow transplant center.

City, MCS Weigh Funding Options

Memphis Mayor A C Wharton Jr. had done everything right in putting forward his plan for paying the Memphis City Schools $55 million over eight years.

Waddell Prepares to Take Over Family Businesses

Seth Waddell was glad to join his father’s law firm, but working for the family business eventually comes with an inevitable next step.

Financial Fairness Key for Sibling Caregivers

Ray’s take: With Americans living longer it’s not uncommon for a child to end up caring for a parent. Siblings who grew apart during their 20s and 30s may reconnect in their 40s and 50s to provide care for an aging parent. Geography, finances, job flexibility and sense of responsibility are factors in determining the roles siblings take in caring for an aging parent.

Where the Goats Eat the Grass

Once upon a time long ago, I worked for the CEO (the Big Boss) of a very large corporation. One of my jobs was to develop presentations for him to deliver to employees, customers, investors and others interested in learning more about the company. One day, as he was reviewing a presentation, he turned to me, pointed to the screen and said, “What is that?”

STATEWIDE

Tenn. Sales Taxes Grow by Highest Rate Since 2007

NASHVILLE (AP) – Tennessee's latest revenue figures released Wednesday show monthly sales tax collections grew at their highest rate since April 2007 and that the state's general fund exceeded projections by $46 million through the first quarter of the budget year.

NATIONAL BUSINESS

Wal-Mart Names Senior Vice President, Treasurer

BENTONVILLE, Ark. (AP) Wal-Mart Stores Inc. will promote its senior vice president of finance and strategy to senior vice president and treasurer.

Engelhardt to Step Down From Valero Board

SAN ANTONIO (AP) – Fuel refiner Valero Energy Corp. said Tuesday that Irl Engelhardt has decided to step down from its board at the end of this year.

SunTrust Banks Names President to Added COO Role

ATLANTA (AP) SunTrust Banks Inc. said Tuesday it named President William H. Rogers to the additional role of chief operating officer.

Local Push Puts Macy's Back in Black in Q3

NEW YORK (AP)Macy's Inc. turned a profit in the third quarter after a loss a year ago, boosted by tailoring merchandise to local markets and higher spending from wealthier customers at its Bloomingdale's chain.

Kroger CEO Takes to the Checkout to Go Beyond Data

CINCINNATI (AP) – Dressed in blue jeans and and waiting patiently in line at the Starbucks kiosk, Dave Dillon blends in easily with the Saturday morning shoppers in a suburban Cincinnati supermarket.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 128 17,998
MORTGAGES 155 155 20,990
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 149 149 36,765
BANKRUPTCIES 60 60 11,985
BUSINESS LICENSES 19 19 5,696
UTILITY CONNECTIONS 49 49 12,297
MARRIAGE LICENSES 40 40 4,518

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The Memphis News: Business, politics, and the public interest.