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VOL. 126 | NO. 49 | Friday, March 11, 2011

Memphis Defense Depot Slated for Sale

Memphis Defense Depot – the 4.2 million-square-foot industrial park and former Army base just north of Memphis International Airport – is back on the market.

YoLo in Midst of Targeted Growth Spurt

In February 2010, Taylor Berger’s wife introduced him to the concept of self-serve frozen yogurt.

Telling the Story

Library’s Memphis Room grows with Decosta-Willis donation

As Miriam DeCosta-Willis spoke in the Memphis Room of the Memphis Public Library and Information Center, a set of 19 gray file boxes was neatly lined up near the podium.

Gus’s to Expand Fried Chicken Empire to East Memphis

One of Memphis’ most celebrated fried chicken eateries is in the pipeline for a long-time vacant East Memphis parcel.

Popular Burger Chain Moves Into Memphis

After years of Five Guys Burgers and Fries having a presence in the Nashville and Knoxville areas, the chain is setting up shop in one of Memphis’ most densely populated areas.

FedEx Reacts To Japan Quakes

Memphis-based FedEx has suspended package pickup and deliveries in East Japan in the wake of Friday’s earthquakes and tsunami.

Mid-America Apartment REIT Rebrands as MAA

In efforts to deploy capital and better its operating platform, real estate investment trust Mid-America Apartment Communities Inc. has announced it will be conducting business as MAA.

Ramsey: State Should Run Failing Memphis Schools

NASHVILLE (AP) – Senate Speaker Ron Ramsey said Thursday that the state should consider taking over failing schools in Memphis and possibly in Nashville.

Dunavant Enterprises CEO ‘Bullish on Intermodal’

Dunavant Enterprises CEO and president William Dunavant III asked how many in the luncheon group of 50 at the Traffic Club of Memphis thought gas would go back to $2 a gallon. No hands went up.

AEL Begins New Chapter with Century Center HQ

American Esoteric Laboratories, a regional provider of esoteric and clinical laboratory services, unveiled its new, high-tech core facility to the Memphis medical community this week during its official grand opening.

Crawford’s Love for Memphis Grows Daily

Anyone familiar with the work of Kerry Crawford, the Memphis Convention and Visitors Bureau social media specialist who created ilovememphisblog.com, no doubt knows how she feels about her hometown.

Education Political Saga Didn’t End With Schools Referendum

Memphis voters made the call this week on a roiling political controversy whose ground rules changed during the early voting period.

Shelby Co. Unemployment Jumps to 10.4 Pct. in January

Unemployment in January for Shelby County jumped a percentage point to 10.4 percent compared to December’s 9.4 percent unemployment rate for the county.

Burns Aims to Help PDS Work Toward Public Purpose

Lee Burns has always been passionate about education.

Storybook Ending On The Horizon

Time for a renaissance. One of my favorite movies is the 1949 classic “The Third Man,” written by the incomparable Graham Greene and starring Orson Welles, Joseph Cotten and Trevor Howard. Is it my imagination, or was Trevor Howard in every movie made for 20 years that needed a hardnosed Brit? Anyway, the movie is about a divided melting pot of a city and those who would keep it that way in order to hold power. It’s about a broken, manipulated system that allows relatively few to profit from the divisions while the hopeful, naïve dreamers seek something better.

Friends And Money

Part one of a two-part series - “Friends give to friends” and “money makes the world go ’round.” These two truisms come together in fundraising and are known as “friendraisers.”


Governor's Tenure Proposal Passes Tenn. Senate

NASHVILLE (AP) – A proposal by Republican Gov. Bill Haslam that would require a teacher to be on the job five years instead of three to get tenure has passed the Senate.

State GOP Looks to Drop 'Labor' From Committee Name

NASHVILLE (AP) – Republicans in the Tennessee Senate wants to drop "labor" from the name of the committee that handles commerce and employment issues.


Foreclosure Activity Slows Sharply in February

LOS ANGELES (AP) – The number of U.S. homes receiving a foreclosure-related notice fell to a 36-month low last month, as lenders delayed taking action against homeowners amid heightened scrutiny over banks' handling of home repossessions.


Wal-Mart Expands Online Order Pickup Program

NEW YORK (AP) – As competition grows from Amazon.com, Wal-Mart is battling back by expanding a program offering the convenience of shopping online along with same-day gratification.


February Federal Budget Deficit Sets Record

WASHINGTON (AP) – The federal government's budget deficit grew by $222.5 billion in February, the largest one-month increase in history. Economists are forecasting the deficit for the year will be the biggest imbalance on record.

US: More People Sought Jobless Aid Last Week

WASHINGTON (AP) – The number of Americans seeking unemployment benefits rose last week. But the rise comes after applications hit their lowest level in nearly three years, and economists expect further declines as the economy improves.

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MORTGAGES 99 552 13,427
BUILDING PERMITS 135 926 24,165
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