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VOL. 125 | NO. 214 | Wednesday, November 3, 2010

FedEx Buys AFL and Affiliate

NEW YORK (AP) — Package delivery company FedEx Corp. is buying distribution and logistics operations of India's AFL Pvt. Ltd. and an affiliate in a move to expand its ground services network and capabilities in India.

Flight Plan

Pinnacle prepares for challenging move

The decision to merge airlines and consolidate operations into one locale involves a detailed course of action, and it starts with the employees.

Bill and Melinda Gates in Memphis Today

Bill and Melinda Gates are in Memphis today to get a first-hand look at the school system in which the Microsoft founder's charitable foundation has invested $90 million.

Split Vote Takes Down Metro Charter Proposal

The metro consolidation charter won a narrow victory with Memphis voters Tuesday but was crushed by Shelby County voters outside Memphis.

Accredo Continues Record-Setting Streak

The record-breaking streak for Accredo Health Group kept rolling during the third quarter as the Memphis-based company made $2.9 billion in revenue.

Local Weather
Currently
Memphis, TN
80.0°F
Overcast
Wind: from the East at 13.8 gusting to 23.0 mph
Humidity: 67%

EVENTS

Talk Shoppe will present “Real Estate Appraisals: Factors That Can Affect Your Value” Wednesday from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call 482-0354.

more events »

Observers Anticipate Fed’s Latest Actions

Now that Election Day is in the rear-view mirror, it’s on to the week’s second of three closely watched market-moving events.

Ex-NBA Player Files New Arbitration Against Morgan Keegan

After winning a nearly $1.5 million award against Morgan Keegan & Co. Inc., four-time NBA champ Horace Grant has filed a new $3 million arbitration claim against the Memphis investment firm.

Tennessee Native Earl Keister Joins Thompson & Co.

Earl Keister has joined Thompson & Co. as creative director.

A Gap in Judgment

The last few weeks, whenever the topic of branding comes up, conversation inevitably shifts to the Gap logo debacle. Why? Because consumers don’t expect Fortune 250 companies to make such colossal and obvious missteps.

Turn the Tables on Service

I want you to do an experiment: Put yourself in charge of your own customer satisfaction. I’ve done this, and it not only gives me a warm feeling, it also results in great service.

STATEWIDE

Moody's Upgrades Dollar General Debt Ratings

NEW YORK (AP) – Moody's Investor Service on Tuesday upgraded its ratings on Dollar General Corp., citing the discount retailer's strong performance and debt repayment.

HEALTH CARE

Medtronic Gets FDA Approval for Aneurysm Treatment

MINNEAPOLIS (AP) – Medtronic, the world's largest medical device maker, said Monday it received U.S. regulatory approval for an implant to prevent stroke caused by ruptures of the aortic artery.

Don’t Let Open Enrollment Pass You By

INDIANAPOLIS (AP) – It’s time for workers around the country to think – really think – about health insurance.

REAL ESTATE

Homeownership Stays at Lowest Level in a Decade

WASHINGTON (AP) – The nation’s homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand.

NATIONAL BUSINESS

Wal-Mart Price Cuts Could Reopen TV Price Fight

NEW YORK (AP) – The intense TV price wars of 2009's holiday season may look like kids' play if competition takes off this year the way some analysts expect.

Fannie, Freddie Seize Documents From Fla. Law Firm

WASHINGTON (AP) – Mortgage buyers Fannie Mae and Freddie Mac are revoking thousands of foreclosure cases from a Florida law firm under investigation for falsifying documents used to complete foreclosures.

NATIONAL POLITICS

Group Urges Oversight of Corp. Political Giving

ST. PAUL, Minn. (AP) – A private research group is urging corporations to establish strong internal controls and oversight over political donations, after Target Corp. went through a national backlash for contributing to a group supporting a conservative Republican candidate in Minnesota.

Obama: Agenda 'All at Risk' in Any Republican Romp

WASHINGTON (AP) – Even with voting already under way, President Barack Obama furiously worked the phones to urban-format radio stations Tuesday, arguing that his agenda would be "all at risk" if Republicans trampled Democrats.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 374 7,749
MORTGAGES 89 414 9,199
FORECLOSURE NOTICES 9 52 1,358
BUILDING PERMITS 197 1,007 16,607
BANKRUPTCIES 45 279 5,406
BUSINESS LICENSES 28 154 2,948
UTILITY CONNECTIONS 0 139 3,250
MARRIAGE LICENSES 30 128 1,688

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