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VOL. 125 | NO. 232 | Tuesday, November 30, 2010

Cautious Optimism Marks CRE Market

As national commercial real estate rents are expected to rise in 2011, local professionals are cautiously optimistic for the road ahead.

Bold as Brass

Owner readies Irish pub for spring opening Downtown

The proprietor of the newest addition to Downtown’s thriving business community is an Irishman with a raconteur’s charm and a traveler’s adventurous streak.

Morgan Keegan Seeks to Vacate Investor Award

Morgan Keegan & Co. Inc. wants a Shelby County Chancery Court judge to overturn a more than $1.82 million arbitration award a husband and wife recently won against the firm.

Luke’s Tree Brings Holiday Smiles to Le Bonheur Families

A Collierville mother who lost her child to a congenital heart defect is channeling her heartbreak into a holiday mission to bring comfort to families of children in the Cardiovascular Intensive Care Unit (CVICU) at Le Bonheur Children’s Hospital.

Visible School Enjoys Strong Fundraising Amid Christmas Show Prep

Visible School Music and Worship Arts College is gearing up for its third annual Christmas fundraising show, but this year the gifts of donations are coming in early, including a recent $100,000 check.

Local Weather
Memphis, TN
Wind: Calm mph
Humidity: 96%


The Tennessee Department of Tourist Development and Tennessee Department of Environment and Conservation will hold a green certification workshop Tuesday from 8:30 a.m. to 12:30 p.m. at the Marriott Memphis Downtown, 250 N. Main St. The workshop will discuss a state green certification program for the tourism and travel industry. To register, contact Patricia Gray at 615-741-9004 or patricia.gray@tn.gov.

more events »

Teachers Displeased With New MCS Grading Standards

Memphis City Schools Superintendent Dr. Kriner Cash had hoped for better timing.

Hutchison School Receives Major Gift for Leadership Program

Hutchison School’s leadership program has been bolstered by a “seven figure gift” announced by the school Monday from alumna and Hutchison trustee Abbie Ware Williams and her husband, Duncan Williams, president and CEO of Duncan-Williams Inc. investment banking firm.

FedEx to Relocate Fueling, Recycling Centers

2691 Democrat Road, Memphis, TN 38118, Permit Amounts: $2 million (fueling center); $1.5 million (recycling center) -
FedEx has filed two building permits with the city-county Office of Construction Code Enforcement for a fuel center ($2 million) and a recycling center ($1.5 million). The permits are for a relocation of those two centers as part of a larger expansion for the FedEx facility.

Is E-Mail Sleeping With the Fishes?

Editor’s Note: This is the first in a three-part series.


Credit Suisse Upgrades FedEx on Production Outlook

NEW YORK (AP) – FedEx Corp. shares rose Monday as a Credit Suisse analyst lifted his rating on the stock, saying growth in global industrial production is likely to help drive the shipper's performance.


Bredesen Requests Disaster Relief for 28 Counties

NASHVILLE (AP) – Gov. Phil Bredesen is requesting additional federal disaster assistance for farmers in 28 Tennessee counties as a result of drought and excessive heat during the growing season.


Steamboat Could Return to Mississippi River

LITTLE ROCK, Ark. (AP) – A longtime Minnesota congressman's loss in the general election could lead to the return of the Delta Queen steamboat's travels along the Mississippi River and its tributaries.


Gov't Targets Web Sites Selling Counterfeit Goods

WASHINGTON (AP) – The federal government is zeroing in on Internet websites in the illegal sale of counterfeit goods and copyrighted works.

Holder Confirms Criminal Probe on Wall Street

WASHINGTON (AP) – Attorney General Eric Holder has confirmed that the U.S. attorney's office in the southern district of New York is conducting a criminal investigation of Wall Street.


Obama Meets Walmart CEO at White House

WASHINGTON (AP) – A White House official says President Barack Obama is meeting with Walmart's chief executive as part of his efforts to increase outreach to the business community.

Citing Deficit, Obama Freezing Federal Worker Pay

WASHINGTON (AP) – President Barack Obama announced a two-year pay freeze for federal employees Monday, and warned the American public that the move is the first of many difficult decisions that must be made to reduce the nation's mounting deficits.

Court to Review Patent Judgment Against Microsoft

WASHINGTON (AP) – The Supreme Court agreed Monday to referee a $290 million dispute between Microsoft Corp. and a Canadian technology company over complaints that a tool used in the popular Microsoft Word program violated patent protections.

Lawmakers Return to Capitol to Clean Up Leftovers

WASHINGTON (AP) – Congress resumes its lame-duck session work Monday with the two parties sharply divided over how to deal with the George W. Bush-era tax cuts due to expire at year's end.

Congress Puts Off Cuts to Doctor Medicare Payments

WASHINGTON (AP) – Congress agreed Monday to a one-month delay in Medicare payment cuts to doctors, giving a short-term reprieve to a looming crisis over treatment of the nation's elderly.

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PROPERTY SALES 59 232 11,757
MORTGAGES 80 254 13,681
BUILDING PERMITS 93 480 24,644
BANKRUPTCIES 61 179 7,652

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