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VOL. 126 | NO. 126 | Wednesday, June 29, 2011

Seminar to Examine Health Care Reform

One of the most contentious and complex issues facing the nation today will be the focus of the latest seminar hosted by The Daily News.

Blockbuster Season

Upgrades help Malco adjust to changing movie industry

Memphis’ Malco chain of theaters is in the final stages of converting its more than 300 screens to digital technology, a pricey upgrade that could broaden Malco’s ability to showcase more of the 3-D blockbusters Hollywood is primed to keep pumping out.

Kruger Still Weighing Memphis Project, Wins Tax Freeze

Canada-based manufacturer Kruger Inc. is still weighing several choices of locales where the company would like to pursue a major capital investment.

Concert Film Series Keeps Shine On Levitt Shell

A free outdoor film series will kick off this weekend at the Levitt Shell in Midtown Memphis’ Overton Park.

Judge Rules for Morgan Keegan in Securities Fraud Case

Morgan Keegan & Co. Inc. has won the dismissal of a securities fraud case brought against it by the U.S. Securities and Exchange Commission in 2009.

Revid Rebrands Sales Division as incity Realty

Revid Realty LLC has changed the name of its real estate sales division to incity Realty. Memphis-based Revid, which has a substantial presence in property management, wanted to differentiate its homes sales efforts with a new brand, said Revid principal broker Debbie Sowell.

Parker Joins Leadership Memphis

Latoria “Tori” Parker has joined Leadership Memphis as operations manager.

LOCAL COLUMNISTS

Twitter Gains Critical Mass

Editor’s Note: This is the first in a two-part series. It’s official. Twitter is not a passing fad. Eight out of 10 people know about it, and in five years, Twitter has amassed more than 100 million users.

The Good, Bad and Ugly

The Good FedEx: FedEx had a robust earnings report, as the company announced a 33 percent profit surge for its most recent quarter, with revenues increasing by 12 percent. Rebounding U.S. industrial production and continued growth in India and China caused the company to remain bullish on global economic growth. Could FedEx’s strong showing be a sign of things to come when earnings season kicks off in full force early next month, or will their earnings prove to be the exception, rather than the rule?

Present Yourself with Polish

Before the advent of email and texting, we didn’t take many shortcuts in our written communication. Now, our finesse with messages depends on the size of our thumbs, the amount of time we have between flights and how much our viewers’ screens (or brains) will comfortably hold. What suffers is the refinement of our compositions.

STATEWIDE

15 Counties Designated as Agriculture Disaster

NASHVILLE, Tenn. (AP) — Gov. Bill Haslam says U.S. Secretary of Agriculture Tom Vilsack has designated 15 counties a natural disaster for agriculture as a result of storms and flooding in April and May.

NATIONAL BUSINESS

Consumers' Confidence Down in June on Job Worries

NEW YORK (AP) — Consumer confidence fell to a seven-month low in June on continuing worries about high unemployment and stagnating wages, following a string of bad news that threatens the painfully slow U.S. economic recovery.

Breakthrough on Trade Could Clear Way for Vote

WASHINGTON (AP) — The Senate Finance Committee will take up three long-stalled free trade agreements on Thursday after committee chairman Max Baucus said agreement had been reached on extending a program that helps American workers displaced by foreign trade.

Stocks Advance on Greek Austerity Vote Hopes

LONDON (AP) — Global stocks pushed higher Tuesday as investors grew hopeful that Greek lawmakers will pass a vote on another round of austerity measures that should stop any talk of the country imminently defaulting on its debts.

NATIONAL POLITICS

Back in Iowa, Obama Says USA Must Up its Game

BETTENDORF, Iowa (AP) — President Barack Obama on Tuesday brought a made-in-America pitch to this politically vital state, saying innovation and adaptation will help the manufacturing sector and the entire U.S. economy rebound with more gusto. He admonished a divided Washington to stop bickering and rally together like a team.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 122 17,665
MORTGAGES 82 150 20,576
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 151 334 36,150
BANKRUPTCIES 54 92 11,774
BUSINESS LICENSES 31 59 5,619
UTILITY CONNECTIONS 28 120 12,154
MARRIAGE LICENSES 24 49 4,406

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