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VOL. 125 | NO. 226 | Friday, November 19, 2010

Dixon Hughes Develops Hospitality Practice

Accounting firm Dixon Hughes PLLC, one of the top-ranked CPA firms in the nation, is adding to its existing list of industry specialties with the creation of a new hospitality and resort niche practice group.

Potters’ Tradition

30th holiday show builds on art form’s local flavor

In the late 1970s, a small group of local artists who’d joined forces to form a potters’ guild planned a holiday show and sale to present their work to the public.

MCS Leaders Talk Over Charter Surrender Options

Opinions Differ On Response To Special School District Legislation

Memphis City Schools officials seem to be of one mind that another try by Shelby County schools officials for special school district status would not be in the best interest of the city school system or city taxpayers.

Smith & Nephew Exec Named Memphis Chamber Chairman

The Greater Memphis Chamber has a new chairman, it announced Thursday.

Evolve Systems Grows Memphis Location

Evolve Digital Media has more than doubled its Memphis location at Apple Tree Center in Hickory Hill.

Local Weather
Currently
Memphis, TN
65.0°F
Overcast and Windy
Wind: from the Northwest at 32.2 gusting to 46.0 mph
Humidity: 73%

EVENTS

The Herff College of Engineering at the University of Memphis will hold an open house Friday from 9 a.m. to 5 p.m. at the college, located on Central Avenue near the Zach Curlin intersection. The open house is geared to middle school, high school and community college students and will provide the opportunity to meet faculty, staff, students and alumni and take guided tours. To register, call 678-4933 or visit www.memphis.edu/herff/eday/index.php.

more events »

Airport Taps Pickering for $7M Project

The Memphis-Shelby County Airport Authority on Thursday took an important step toward improving the parking apron that surrounds the airport’s terminal.

Early Voting Under Way in School Board Runoff

Early voting is under way for Memphis voters in a district race not decided on the Nov. 2 ballot.

IDB Gives Riviana Green Light

Riviana Foods Inc. told the Memphis-Shelby County Industrial Development Board Wednesday it plans to expand its rice product line, add 22 jobs and invest more than $10 million in its South Memphis manufacturing facility.

Johnson Among ‘Great Women’ in Gaming Industry

From an early age, Melonie Johnson loved all facets of crunching numbers.

The Great Chief’s View

Stand here. See hundreds of years.

Planning for Success

Editor’s Note: Part Two of a Two-Part Series

REAL ESTATE

Risk of Foreclosure Dips, but Remains Elevated

NEW YORK (AP) – The number of Americans at risk of foreclosure improved slightly over the summer but hardly enough to suggest the crisis in the housing market is close to over.

NATIONAL BUSINESS

AP Exclusive: Raising Retirement Age Hurts Poor

WASHINGTON (AP) – Raising the retirement age for Social Security would disproportionately hurt low-income workers and minorities, and increase disability claims by older people unable to work, government auditors told Congress.

Jobless Claims Rise But Broader Trend Offers Hope

WASHINGTON (AP) – The number of people applying for unemployment benefits barely rose last week, offering some hope that the job market may be improving. But claims need to fall further to bring down the 9.6 percent unemployment rate.

Sears Q3 Loss Widens on Poor Appliance, Clothing Sales

NEW YORK (AP) Sears Holdings Corp.'s third-quarter loss nearly doubled, dragged down by weak revenue at its long-suffering Sears chain, hurt by poor sales of appliances and clothing.

Economists: Nation Won't Really Rebound Until 2012

LANSING, Mich. (AP) – In a good sign for a resurging General Motors, University of Michigan economists are forecasting a climb in motor vehicle sales over the next two years that should help bolster automakers' fortunes.

Better Business Bureau Reviews Ratings System

HARTFORD, Conn. (AP) – The Better Business Bureau says it is reviewing its business accreditation system following criticism from Connecticut's attorney general that a pay-to-play system gives members a ratings boost over nonmembers.

Health Insurer Humana Forecasts 2011 Earnings Drop

LOUISVILLE, Ky. (AP) – Health insurer Humana Inc. said Thursday it expects its 2011 earnings per share to fall by about a dollar from this year due to its Medicare Advantage program and medical cost trends, among other factors.

Leading Indicators Rise 0.5 Pct. in October

NEW YORK (AP) – A gauge of future economic activity grew in October after a summer lull, suggesting the U.S. economy will slowly start strengthening early next year. But unemployment is likely to remain high in 2011, economists say.

NATIONAL POLITICS

Bill Promoting Federal Teleworking Goes to Obama

WASHINGTON (AP) – The bureaucratic halls of Washington could get a little quieter under legislation that encourages federal agencies to let more employees work from home.

McConnell Opposes $1.1 Trillion Spending Bill

WASHINGTON (AP) – The top Republican in the Senate Thursday came out against Democratic-led efforts to pass a $1 trillion-plus spending bill to mop up Washington's unfinished budget work before the current session of Congress ends.

GOP Governors: Deep Budget Cuts are Coming

SAN DIEGO (AP) – Incoming Republican governors from Pennsylvania to New Mexico are vowing to keep campaign promises to slice already cut-to-the-bone budgets and balance them without raising taxes.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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