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VOL. 126 | NO. 214 | Wednesday, November 2, 2011

Martin to Keynote Dunavant Awards

A business leader with roots in the city’s political and nonprofit communities will be the keynote speaker at the 2012 Bobby Dunavant Public Service Awards.

Celebrating Beauty

Dixon’s ‘living collection’ earns Level IV arboretum certification

The Dixon Gallery and Gardens was established in 1975 by Hugo and Margaret Dixon, when the philanthropists bequeathed their home and art collection to the Memphis community as a public museum.

New Biz Helps Companies Enhance Sites

If a business owner spends enough time with Stuart McGehee, they’re liable to immediately leave his Downtown Memphis office brimming with ideas about Web video – and maybe even looking for a camera to help them expand their website with dynamic video content.

Partisans Debate State Voter ID Law

If you voted early or on Election Day in the recent city of Memphis elections, you probably got a piece of paper from election officials about the next elections.

Council Approves New Tow Rules, Delays Hotel Motel Tax Discussion

Memphis City Council members approved a new set of rules for the city’s wrecker industry including background checks for drivers, a Memphis Transportation Commission to enforce regulations and no moving towed vehicles until police clear the vehicle for towing.

Local Weather
Currently
Memphis, TN
54.0°F
Mostly Cloudy
Wind: South at 6.9 mph
Humidity: 34%

EVENTS

WKNO-FM will premiere a series by news director Candice Ludlow that will address the issue of gangs in Memphis Wednesday, Nov. 2. The series will air in the morning during “Morning Edition” over the next several weeks. The series examines the Street Crimes Unit program through the eyes of Shelby County Sheriff Sergeant Charles Eldridge, who leads the unit. The program is working to eliminate the presence of gangs and drugs on Memphis’ streets. Morning Edition airs from 4 a.m. to 9 a.m. weekday mornings.

more events »

Methodist Adds Another Private Practice

In alignment with the local and national trend of health care systems partnering with physicians groups, Eastmoreland Internal Medicine is the latest practice to join the Methodist Le Bonheur Healthcare family.

Calvary and the Arts Features Americana Artist Spence

Wednesday, Nov. 2, marks the halfway point for the Calvary & the Arts Concert Series, Calvary Episcopal Church’s annual musical series in memory of Dottie Jones.

Redistricting Plan Delayed a Fortnight

A plan for redistricting the Shelby County Commission into more multimember districts was delayed for another two weeks Monday, Oct. 31, as commissioners debated more changes to the district boundaries and procedure.

Casada Weighs In on Anti-Bias Legislation

Editor’s Note: This is an occasional series that profiles Tennessee’s state legislators. Credit his friends – and the inspiration of Ronald Reagan – with starting state Rep. Glen Casada on the road to public service.

Memphian Cobb Joins MIFA As Meals on Wheels Director

Trentwood Cobb has joined Metropolitan Inter-Faith Association as director of MIFA Meals on Wheels, which provides hot meals to senior citizens in the greater Memphis area.

LOCAL COLUMNISTS

Happy Holidays Without The January Blues

Ray’s Take: Santa figurines have already replaced Halloween masks in the stores and the long holiday shopping season is upon us. It’s time to put together your shopping lists and make a vow that this year you will not be paying for the holidays through next summer. Instead, take a budget-smart approach to holiday purchases. Yes, I used the B word again. Without a budget you are much more likely to be caught up in the spirit or manipulated by well-crafted marketing plans.

STATEWIDE

Haslam: 'Occupy' Arrests Necessary for Safety

NASHVILLE (AP) – Tennessee Gov. Bill Haslam continued Tuesday to defend the arrests of dozens of Occupy Nashville protesters, even though the state has backed down on enforcing a curfew in the face of a federal judge's restraining order.

REGIONAL

Payments Set in 5 States in Morgan Keegan Deal

JACKSON, Miss. (AP) – A.B. Data Ltd. will distribute money from settlements with Morgan Keegan & Co. and Morgan Asset Management to investors in Mississippi, Alabama, Kentucky, South Carolina and Tennessee.

NATIONAL BUSINESS

Dunkin' Brands' Net Income Falls on Charges

NEW YORK (AP) – Dunkin' Brands Group Inc. said Tuesday its net income plummeted 61 percent in the quarter that it became a public company, as its efforts to pay down debt and big fees to the private-equity firms that used to own it offset revenue gains.

Factory Activity Slows as Economy Stays Sluggish

WASHINGTON (AP) – U.S. manufacturing grew more slowly in October, hampered by weaker demand for exports and slower production at factories.

Trucks, SUVs Power Strong Auto Sales in October

DETROIT (AP) – Car buyers were out in force in October, snapping up trucks and SUVs and taking advantage of deals on Japanese cars.

Wall Street Journal Remains No. 1 US Newspaper

NEW YORK (AP) – A media industry group says The Wall Street Journal remains the No. 1 newspaper in the U.S. with average weekday circulation of 2.1 million.

NATIONAL POLITICS

Senate Passes $182B Spending Bill

WASHINGTON (AP) – The Senate has approved must-do legislation to fund the day-to-day budgets of five Cabinet agencies, kick-starting long overdue work to add the details to budget limits agreed to by President Barack Obama and congressional Republicans this summer.

Simpson, Bowles Want Deep Cuts From Debt Panel

WASHINGTON (AP) – Two prominent deficit-cutters are telling Congress' bipartisan "supercommittee" to meet its mandate of finding at least $1.2 trillion in 10-year budget savings – and then some.

REAL ESTATE

4M Homeowners Eligible for Foreclosure Review

WASHINGTON (AP) – As many as 4 million borrowers who may have been improperly foreclosed upon in 2009 and 2010 are getting an opportunity to have their cases reviewed.

US Builders Spent Slightly More in September

WASHINGTON (AP) – U.S. builders spent slightly more in September on home construction, partially offsetting losses in public schools, roads and government offices.

Feds Sue Mortgage Broker, Alleging Lending Fraud

NEW YORK (AP) – The federal government sued one of the nation's largest privately held mortgage brokers on Tuesday, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to face eviction.

HEALTH CARE

Tenet Q3 Profit Plunges Absent Big Tax Benefit

DALLAS (AP) – Hospital operator Tenet Healthcare Corp. on Tuesday, Nov. 1, said its third-quarter profit plunged due to the lack of a hefty tax benefit it recorded last year, but revenue and admissions rose during the quarter.

Fed Report: Deaths From Painkiller Overdose Triple in Decade

NEW YORK (AP) – A new U.S. government report shows the number of overdose deaths from powerful painkillers have more than tripled over a decade.

TECHNOLOGY

Yahoo to Buy Interclick for $270 Million

NEW YORK (AP) – Internet company Yahoo Inc. has agreed to buy online advertising network Interclick Inc. for $270 million in cash.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 82 82 19,655
MORTGAGES 75 75 22,989
FORECLOSURE NOTICES 0 0 8,304
BUILDING PERMITS 138 138 40,167
BANKRUPTCIES 72 72 13,176
BUSINESS LICENSES 9 9 6,146
UTILITY CONNECTIONS 52 52 13,048
MARRIAGE LICENSES 30 30 4,872

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