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VOL. 126 | NO. 142 | Friday, July 22, 2011

Boyd Appointed to District 7 Council Seat

Berlin Boyd, a small-business owner involved in politics for years, is the newest member of the Memphis City Council.

Light of Day

Page Robbins provides daytime care for adult memory loss sufferers

A Collierville program is making a profound difference in the quality of life for those suffering from memory loss by providing a safe, stimulating, home-away-from-home experience, and by providing caregivers much-needed respite.

Haslam Calls for Debt Solution

Tennessee Gov. Bill Haslam says Washington’s lack of agreement yet on whether to raise the country’s borrowing limit, in addition to disagreement over how to rein in spending long term, is a “big issue to us” in Tennessee.

MCS Board Delays Special Meeting On School Funding Compromise

The meeting was a key element in a compromise in which the board would rescind its July 19 vote to delay the opening of schools Aug. 8.

4 Council Members - All 3 City Court Judges To Run Unopposed In Oct. Elections

Four incumbent Memphis City Council members and all three incumbent City Court Judges were effectively re-elected at the Thursday, July 21, noon deadline for candidates to file their qualifying petitions for the Oct. 6 Memphis ballot.

Local Weather
Memphis, TN
A Few Clouds
Wind: Northwest at 13.8 mph
Humidity: 67%


The Memphis Library and Information Center board of trustees will meet Monday, July 25, at noon at the Frayser Branch, 3712 Argonne St. For more information, call 415-2846.

more events »

LensRentals.com Moves Into Trinity Ridge

A local camera- and lens-rental company is expanding into a significant amount of space in the already tight Northeast submarket.

Education Realty Trust Reports Q2 Earnings, Activity

Memphis-based Education Realty Trust Inc. announced Thursday, July 21, its second-quarter net operating income was $13.1 million, up 1.3 percent from the same period last year.

Trucking Official Addresses Host of Industry Issues

The president of the Tennessee Trucking Association has been part of the discussions before at gatherings to discuss the logistics industry and the business of moving goods by multiple modes.

Accredo Health Parent Merges With Express Scripts

Medco Health Solutions Inc., the parent company of Memphis-based Accredo Health Group, announced Thursday, July 21, it had signed a merger agreement with Express Scripts Inc.

IDB Approves Six Projects in Finale

Jill Iglehart teared up at the end of the last working meeting this week of the Memphis-Shelby County Industrial Development Board despite vowing not to.

T&B Earnings Improve 19 Percent

Memphis-based Thomas & Betts Corp. on Thursday, July 21, reported a 19 percent increase in its second quarter net earnings and a 13 percent increase in consolidated sales over last year.

FAA Furlough Won’t Impact Air Traffic

As U.S. Congress debates debt ceilings and reauthorizations of federal agencies, the Federal Aviation Administration staff at Memphis International Airport will probably be among those federal employees affected by Washington gridlock.

Council to Appoint 13th Member

Memphis City Council members should be back up to full strength by the end of the day Friday, July 22.

Local Hospitals Nab US News Rankings

U.S. News & World Report this week released its 2011-2012 Best Hospitals Rankings, which includes hospitals in nearly 100 of the nation’s largest metropolitan areas.

Golf Scramble to Benefit U of M Tennis Team

The University of Memphis Men’s Tennis Team will host its third annual Memphis Tennis Golf Scramble Aug. 27 at Glen Eagle Golf Club, 6168 Attu St. in Millington.

Balton Uses Biz Venture Exp. to Aid Small Biz

After serving in the U.S. Air Force for four years and studying accounting at the University of Hawaii between Air Force duties, Steve Balton decided he wanted to use his skills as a consultant for a full-time job.


A Word About Shoes

OH MY WORD, LOOK AT WHAT WE’RE MISSING. My copywriter daughter, Hallie, sent her copywriter old man a link the other day – the ultimate compliment copywriters pay, looking at something and saying, “Damn, I wish I’d written that.”

For Nonprofits: The Place to Be

In this column we seek to share information, ideas and suggestions that can help nonprofit organizations and institutions. But we are not alone in our goal of helping to strengthen this important part of our community and our economy. There are many such individuals, organizations and institutions. One of these is the Association of Fundraising Professionals Memphis Chapter – AFP as it’s called.


Memphis City Council Agenda: Special Meeting

The Memphis City Council will hold a special meeting today at 8 a.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.


Leading Economic Indicators Rise

NEW YORK (AP) – A private research group forecast that the economy will grow slowly as summer turns into fall – if U.S. politicians can agree to raise the amount the government can borrow.

Bankruptcy Judge Approves Borders Liquidation

Borders Group's liquidation plan is set to proceed after receiving approval from a bankruptcy judge.

DOT Puts Conditions on Delta-US Airways Slot Swap

WASHINGTON (AP) – The Transportation Department says it will allow Delta Air Lines Inc. and US Airways to trade landing rights in New York and Washington – as long as they sell some of the rights to other airlines.

Economy's Spring Slump Could Last Through Summer

WASHINGTON (AP) – The economy's spring slump appears to be extending into the summer, according to a slew of mixed data released Thursday.

Fare Hikes Help United Continental and US Airways

Fare increases gave United Continental and US Airways profitable quarters despite the financial damage they suffered from sharply higher fuel prices.

Nucor Corp.'s Q2 Profit More Than Doubles

CHARLOTTE, N.C. (AP) – Steel manufacturer Nucor Corp. said Thursday that its second-quarter earnings jumped as a 22 percent increase in sales helped offset higher costs. But it cautioned that stiffer competition could affect its third-quarter performance.

More People Sought Unemployment Benefits Last Week

WASHINGTON (AP) – More people applied for unemployment benefits last week, evidence that layoffs are rising and the job market is weak.


House Tries to Shackle New Consumer Agency

WASHINGTON (AP) – As the new Consumer Financial Protection Bureau officially opened its doors Thursday, the House was considering legislation that would restrict its power.

Some Airline Passenger-Protection Rules Delayed

DALLAS (AP) – The government will delay some airline consumer-protection rules for several months after airline groups said they needed more time to prepare for the changes.

Boehner: House GOP Willing to Compromise on Debt

WASHINGTON (AP) – House Speaker John Boehner says House Republicans are willing to compromise on a budget deal to increase the government's ability to borrow as long as the package does not include tax increases.


Fixed Mortgage Rates Inch Up From Yearly Lows

WASHINGTON (AP) – Fixed mortgage rates were mostly unchanged this week, inching up from their yearly lows.

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PROPERTY SALES 79 396 11,921
MORTGAGES 90 443 13,870
BUILDING PERMITS 191 975 25,139
BANKRUPTCIES 56 289 7,762

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