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VOL. 125 | NO. 248 | Wednesday, December 22, 2010

Loeb Buys Park Place for $10.3M

Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.

Life Savers

Friends of MAS goes all out to help city’s dogs, cats

In a city beleaguered by pet overpopulation, Memphis Animal Services employees last week prepared to euthanize a female Rottweiler whose heartworm-positive status in the kill-shelter had initially deemed her unadoptable.

Smith & Nephew to Add 100 Memphis Jobs

Smith & Nephew’s orthopaedics division will increase its Memphis employee base by about 100 new jobs, or 5 percent, during the first quarter of 2011.

Election Next For Charter Surrender

Next comes the delivery of the paperwork. And that is the sound of law books you hear opening not too far behind.

Airport Closes Books On Stellar 2010

A challenging year in transportation proved to be a banner year for Memphis International Airport, home to shipping giant FedEx Corp. and a hub for Delta Air Lines Inc.

Local Weather
Currently
Memphis, TN
75.0°F
Overcast
Wind: South at 10.4 mph
Humidity: 46%

EVENTS

The Memphis Bar Association will present a continuing legal education class Wednesday from 1:30 p.m. to 4:45 p.m. at International Paper, 6400 Poplar Ave. The seminar is titled “Lawyering – Why It’s Tough and What We Can Do.” For more information or to register, call 527-3573 or visit www.memphisbar.org.

more events »

Emotions Bared Over School Charter Fight

In a city that cares perhaps too much what newcomers think of it, Memphis City Schools Superintendent Dr. Kriner Cash has been The Sphinx.

HTL Advantage Markets West Tenn. Industrial Sites

If there is strength in numbers, the HTL Advantage is operating at a definite advantage. Economic development efforts in Haywood, Tipton and Lauderdale counties have been consolidated under the organization formed in early 2008.

Canty Takes Opera Memphis in Different Direction

Opera Memphis will be led by a passionate innovator as the company makes a return to offering traditional, grand opera.

Paul Bourassa Joins Unity Home Medical as Director

Paul N. Bourassa has joined Unity Home Medical LLC as director. Unity Home Medical is a medical supply company and sister company of Unity Hospice Care based in Germantown.

Top 10 Sales Resolutions For the New Year

It’s that time of year when we start thinking about making New Year’s resolutions. This year, why not commit to amping up your sales with these 10 sales resolutions?

Becoming The Transparent Leader

With the New Year upon us, many companies will be setting out their state-of-the-business reports to employees, along with goals for the coming year.

STATEWIDE

West Tenn. Judge, Children's Advocate Dies

JACKSON, Tenn. (AP) Walter Baker Harris, a West Tennessee judge for more than three decades who is credited with improving juvenile justice for children, has died. He was 79.

Haslam Pick for Top Cabinet Post Serves 3 Boards

NASHVILLE (AP) – Former Bridgestone Americas CEO Mark Emkes, Republican Gov.-elect Bill Haslam's choice as finance commissioner, serves on the corporate boards of three companies – including two based in Tennessee – and it's unclear whether he will relinquish those posts when the new administration takes office.

HEALTH CARE

Medtronic Says FDA Clears Aneurysm Device

MINNEAPOLIS (AP)Medtronic Inc. said Tuesday that regulators approved a device intended to treat ruptures in the abdominal aorta, the largest blood vessel in the abdomen.

Insurer Rate Hikes to Face Fresh Federal Scrutiny

Health insurers will have to justify some rate hikes starting next year under a proposed federal rule that raises scrutiny for individual and small group policies that have slapped many consumers with soaring premiums.

NATIONAL BUSINESS

Census Shows Slowing US Growth, Brings GOP Gains

WASHINGTON (AP) – Republican-leaning states will pick up a half dozen House seats thanks to the 2010 census, which found the nation's population growing more slowly than in past decades but still shifting to the South and West.

Soon the Government Check Won't be in the Mail

WASHINGTON (AP) – Before too long, the government check will no longer be in the mail.

Auto Demand Seen Rising for Those With Good Credit

NEW YORK (AP) – Demand for new cars will likely spike in 2011 among consumers who lenders will be happy to do business with: those with very high credit scores.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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