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VOL. 126 | NO. 55 | Monday, March 21, 2011

Joy Is New Local GOP Chairman

Attorney Justin Joy is the new chairman of the Shelby County Republican Party.

Recovery Roadblock

Potential Fannie, Freddie elimination could slow housing

As the housing market inches closer to correction, the potential elimination of government-controlled housing institutions Fannie Mae and Freddie Mac could bring the recovery to a screeching halt.

County School Board Members Seek Court Halt to Countywide School Board

U.S. District Court Judge Hardy Mays has set a Thursday status conference on the schools consolidation lawsuit and legal motions pending in his court.

School District Map on Tap for County Commission

Shelby County Commissioners prepare to churn the roiling waters of the schools consolidation issue this week with adjustments to their maps for a countywide school board.

Market Factors Give Caution to Younger Homebuyers

When Jonathan Lyons, 25, went looking to buy a home, he planned each step carefully – he found a good job, enlisted the help of a Realtor, educated himself on the various costs, and got pre-approval from a bank.

Local Weather
Memphis, TN
A Few Clouds
Wind: Southwest at 5.8 mph
Humidity: 96%


The Lipscomb & Pitts Breakfast Club will hold the Leading Tomorrow Lunch Series with the University of Memphis Tuesday from noon to 1:30 p.m. at the University Center. The event will focus on sharing a dialogue on leadership concepts, overcoming challenges and looking at opportunities. For reservations, e-mail Jeremy Park at jeremyp@lpinsurance.com.

more events »

Mayall Celebrates 1 Year With Real Estate Board

It’s been nearly one year since First National Realty Inc. principal Larry Mayall challenged the established order and formed his own independently operated Mid-South Real Estate Board. Mayall touts the new board, which includes all school districts and all mapping for the Mid-South region, as “one board and one MLS (Multiple Listing Service) for the tri-state market area.”

Swink’s Renaissance Companies Thriving in Market

When Douglas Swink, owner of Renaissance Development Co. and Renaissance Realty, is asked what he does for a living, he always says he’s retired.

Davis-Kidd Going Up for Sale

Davis-Kidd Booksellers’ parent company, which filed for Chapter 11 bankruptcy in November, has decided it won’t be able to submit a reorganization plan and is putting its remaining bookstores up for sale.

Magna Bank Positions for Solid 2011 Despite ’10 Loss

Memphis’ third-largest locally based financial institution closed the books on 2010 by reporting a loss but also touting investments made across the board in the bank as well as hinting at an expansion of its branch network.

Haslam Says $10M Research Funding an ‘Investment’

University of Memphis president Dr. Shirley Raines couldn’t have picked a more ironic time to lose her voice last week.

City, Council Join in Schools Legal Wrangling

There may be a few more legal moves to come.

Yes! Reinvent the Wheel!

If you are trying to invent something already invented, somebody, like my father, will say “Don’t try to reinvent the wheel, son.” For instance, when I was younger, I came across a strange-looking screw that wouldn’t work with what I knew to be a screwdriver, so Dad handed me a Phillips to replace mom’s kitchen knife I was trying to make work. “Don’t …….”

Renovating Realities With SRVS

Last week we explored Shelby County Books from Birth, which is providing thousands of new books each month to local children up to age 5, in order to plant the seeds of literacy and help build a stronger foundation for our future.


Shelby County Commission Agenda

The Shelby County Commission will meet today at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for a full agenda.


Open Dialogue

Ask a group of teenagers whether they feel their ideas are taken seriously by adults and it’s pretty much guaranteed the response will be a unanimous, resounding “No.”

Imagine Memphis Seeks to Foster New Leaders

It’s long been part of the trappings of politics to honor a group of young people who have competed and won various honors for their schools.

Fareveller to Honor City’s Present, Future

Brandon Herrington appreciates Memphis’ musical legacy – Elvis Presley, Sun Studios, Stax – but he says the city’s musical present is at least as important as its past.

Former Interim Chef Kramer Back in Charge

“Interim” – a pause or interval in a succession of events

Ex-Memphian Bunnell Makes Sublime White

About $25 marks the outer limit (or twilight zone) of wines featured in this column, and I would not ordinarily send readers searching for a wine of which only a few cases are available in the city, but such is the procedure today regarding the Bunnell Family Cellar Clifton Vineyard Viognier 2008, which hails from the Wahluke Slope region of Washington state’s Columbia Valley.


TVA Pair Honored for Boiler Research Near Memphis

CHATTANOOGA (AP) – Two Tennessee Valley Authority project managers have been honored for research on a new way to identify potential problems in steam boiler units at fossil power plants.


Unemployment Rises in Nearly All Metro Areas

WASHINGTON (AP) – Unemployment rose in nearly all large U.S. cities in January compared to the previous month, mostly because of seasonal changes such as the layoff of temporary retail employees hired for the holidays.

Why Inflation Hurts More Than It Did 30 Years Ago

WASHINGTON (AP) – Inflation spooked the nation in the early 1980s. It surged and kept rising until it topped 13 percent.


Fed Clears Way for Some Banks to Boost Dividends

WASHINGTON (AP) – The Federal Reserve on Friday cleared the way for some major banks to boost stock dividends, prompting announcements from JPMorgan Chase, Wells Fargo and U.S. Bancorp.

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