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VOL. 126 | NO. 88 | Thursday, May 5, 2011

East Side of Mud Island in Crosshairs

Mud Island should still be accessible as the Mississippi River at Memphis moves toward a 48-foot crest on May 11.

‘Ready for It’

Riverboat operator undeterred by rising river

As a third-generation riverboat pilot, William Lozier understands constancy as intrinsically as he does the wild channels of the Mississippi River.

Special Coverage: Mid-South Flooding

Coverage of the rising waters in the Memphis area

MATA to Offer Shuttle to Saturday’s Grizzlies Game

Memphis Area Transit Authority has announced it will run round-trip shuttle service to the FedExForum for Saturday’s NBA playoff game between the Memphis Grizzlies and the Oklahoma City Thunder. The game tips off at 4 p.m. MATA is charging $5 round-trip. Pickup locations and times are:

Pinnacle Loses $3M but Nearer to New CEO

Pinnacle Airlines Corp. could announce a new CEO to lead the Memphis-based regional air carrier as early as Monday.

Local Weather
Currently
Memphis, TN
92.0°F
Mostly Cloudy
Wind: Variable at 3.5 mph
Humidity: 60%

EVENTS

The Mid-South Area Business Travelers Association will host a golf scramble Thursday from 8:30 a.m. to 2 p.m. at Quail Ridge Golf Course, 4055 Altruria Road. The golf scramble and a silent auction will benefit Toys for Tots. For more information or to register, visit www.msabta.org or call Graves Goforth at 848-6445.

more events »

Wright Medical Reports Earnings, Resignation of 3 Execs

As Wright Medical Group Inc. Wednesday reported its net sales had increased 3 percent to $135.4 million in the first quarter of 2011 up from $131.2 million for the same period last year, the company also announced three of its executives have resigned effective immediately.

MobileCamp Provides Smartphone Conference

MobileCamp Memphis is one conference where you won’t be asked to turn off or put away your phone.

Federal Judge Denies Local Wells Fargo Suit Dismissal

One week after a federal judge in Baltimore denied an effort by Wells Fargo to dismiss that city’s mortgage discrimination lawsuit against the lender, a federal judge in Memphis has done the same thing.

Wharton, City Council Mix it Up Over Budget

The Memphis City Council should vote on an operating budget for the city at its first meeting in June.

Legal Profession Looks to Social Media

Whatever a consumer needs, it seems, there’s an app for that.

Wade Dedicated to Many Facets of Law

Martin Tate Morrow & Marston PC strives to educate its lawyers with a broad range of legal issues, something that weighed especially on John D. Martin Jr.’s heart when David Wade joined the firm many years ago.

Are Your Friends Making You Broke?

Ray’s Take: There are many parallels between maintaining a healthy weight and maintaining healthy personal finances. They both often involve making sacrifices, doing things you might not prefer at the time and not doing some things you want to do.

Why Do Many Businesses Fail?

I recently wrote an article titled “The Biggest Problems Facing Small Business Today,” which, based on the number of downloads, was of significant interest and must have resonated with many business leaders.

LifeQuest Celebrates Success

Wednesday, I got to be the luncheon speaker at LifeQuest of Arkansas. I couldn’t wait to hear what I had to say. One of my planned lines: “Happy birthday to you!”

STATEWIDE

Mild Winter Drops Power Demand in TVA Region

KNOXVILLE (AP) – Mild weather in late winter caused less demand for electricity.

Survey of Teachers Will Help State Improve Schools

NASHVILLE (AP) – A survey of more than 57,000 Tennessee educators is expected to help education officials develop ways to improve the schools.

STATE LEGISLATURE

Immigration Bills Delayed in House Panel

NASHVILLE (AP) – Two contentious immigration proposals have been delayed in the House Finance Subcommittee.

Collective Bargaining Bill Still Alive in House

NASHVILLE (AP) – The House sponsor of a proposal to repeal Tennessee teachers' collective bargaining rights says a committee will be reopened to hear the bill and she's confident it will pass.

NATIONAL BUSINESS

US Service Sector Expanded at Much Slower Pace

WASHINGTON (AP) – The U.S economy's service sector grew last month at the slowest pace since August, renewing concerns that more expensive gas and food may be weakening growth.

Revenue Up, Jobs Down at US Casinos in 2010

ATLANTIC CITY, N.J. (AP) – After two bad years in which gamblers either stayed home or held onto their wallets more tightly, the nation's casinos began to slowly rebound last year, with revenue increasing slightly even as the number of jobs declined.

Walgreen Key April Revenue Metric Rises

DEERFIELD, Ill. (AP) – Drugstore operator Walgreen Co. said Wednesday a key measure of revenue rose in April, but the growth was slightly below Wall Street expectations.

NATIONAL POLITICS

Obama Admin. Moves to Sell Off Excess Gov't Land

WASHINGTON (AP) – The Obama administration asked Congress on Wednesday to sell off or demolish more than 12,000 government-owned or leased properties, saying they are under-utilized or no longer needed.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 77 77 11,602
MORTGAGES 79 79 13,506
FORECLOSURE NOTICES 0 0 1,858
BUILDING PERMITS 96 96 24,260
BANKRUPTCIES 53 53 7,526
BUSINESS LICENSES 31 31 3,943
UTILITY CONNECTIONS 49 49 4,730
MARRIAGE LICENSES 20 20 2,564

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