» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 125 | NO. 143 | Monday, July 26, 2010

FedEx Restores 401(k) Matches for Employees

The 31,000 Memphis employees of FedEx Corp. can feel better about the future because the company said Monday that it expected better earnings and would start matching their retirement savings again.

nexAir’s Next Step

Memphis-based gas distributor shrinks supply chain by building hydrogen plant

Local gas distributor nexAir hopes a $1.5 million capital investment in a new hydrogen plant will significantly reduce its production costs, while also repositioning the company to emerge from a bad economy.

‘Holy Grail’ of Recording Uncovered

A 52-year-old tape recorder described by some as the Holy Grail of the music industry has been discovered in the storage room of the owner of a used bus dealership in Marion, Ark.

Charter Commission Rolls Out Districting Maps

The Metro Charter Commission meets Monday to make one of the most important decisions it will make in drafting a consolidation charter.

Hospice Provider Coming to Crittenden County

Lester Dierksen Memorial Hospice plans to expand its services into Crittenden County, Arkansas.

Local Weather
Currently
Memphis, TN
64.0°F
A Few Clouds
Wind: from the South at 15.0 gusting to 21.9 mph
Humidity: 32%

EVENTS

MPACT Memphis will host an MPACT Chat titled “Technology” Monday from 5:30 p.m. to 7:30 p.m. at its office, 506 S. Main St. The event is free and open to the public. To reserve a place, contact Penelope McDowell at 528-8340 or pmcdowell@mpactmemphis.org.

more events »

Love of Running Inspires Unique Tour Company

John Lintner loves to run.

‘Denser’ Downtown The Solution, Morris Says

The new leader of the Center City Commission made an impassioned plea for a denser Downtown area as a solution to an exodus from the city and county.

Bank of Bartlett Has 2010 Profitability in Sight

They’ve scoured their loan portfolio, adjusted their operating plan and hired new bankers to deepen customer relationships with the small, family-run bank.

School Officials Await TCAP Scores, Backlash

School systems across the state are bracing for more than the start of the new school year next month.

Following the Business Owner’s Dashboard

Most people who captain anything, from a piece of equipment to a group of people, have certain instruments they look at to determine the state of things. Pilots have a gazillion dials to work to keep the plane safely in the air, a race car driver has a dashboard of needles providing information as does the operator of an oil rig. As the skipper of a business, you are no different in needing critical data.

THE MEMPHIS NEWS

A Sense of Place

June West was born with a proverbial thick skin. She said her parents blessed her with an uncanny ability to take criticism in stride, an important trait for anyone who faces the verbal abuse that West routinely absorbs as executive director of the nonprofit Memphis Heritage Inc.

Preservation And Smart Development Have Place in Midtown

For more than 40 years now, Midtown has been many things to many people.

Rock Legend’s Visit Highlights Memphis’ Musical Importance

Robert Plant is no stranger to Memphis or to the city’s musical heritage. In the years since his former band Led Zeppelin became history, Plant has played Memphis often.

Father and Daughter Offer ‘Edgy’ Art Exhibition

Impressionism, with its serene, idyllic imagery, has long been a hallmark of the Dixon Gallery and Gardens, but exhibits opening in July are all about powerful contrasts.

Designer Hamburgers Lend Luxury to Once-Humble Patty

As an icon of American culture, the hamburger is infinitely variable. Though enduring as many costume changes as Madonna and Lady Gaga combined, the burger is essentially a statement of utter simplicity: a grilled or fried or broiled patty of ground beef served between two pieces of bread. The additions or condiments depend as much on regional tradition as personal taste. The lettuce-tomato-mayonnaise camp mans the barricades against the ketchup-mustard-pickle contingent, and never the twain shall agree.

Cimicky Red Pairs Lively With the Grill

This week, we return to the notion of wines to serve with the red meat that you lift, smokin’ ‘n’ sizzlin’, from your grill. The fare could take the form of burgers or steaks, pork chops or ribs, and the wine I’ll recommend today is the Cimicky Trumps Grenache Shiraz 2007, from Australia’s Barossa Valley, a region that produces many of the best of the continent’s wines based on Shiraz, as they call the Syrah grape in the Antipodes. The name may derive from the legend that crusaders brought the grape back to France from the ancient city of Shiraz, in Iran, but recent DNA testing and historical evidence point to the grape’s origin in France’s Northern Rhone region, where Syrah rules as the red wine grape.

STATEWIDE

Liberties Union Launches Website for Immigrant Aid

NASHVILLE, Tenn. (AP) — The Tennessee American Civil Liberties Union has developed a website in response to recently passed state immigration laws.

Wamp Says he Doesn't Want Secession

MEMPHIS (AP) — Republican gubernatorial candidate Zach Wamp says he does not support secession from the union after a news article said he suggested Tennessee and other states may have to consider seceding.

REGIONAL

Ark. Hiring Temporary Workers for Scholarships

LITTLE ROCK, Ark. (AP) — The Arkansas Department of Higher Education is hiring 20 temporary workers to help process applications for the state's lottery-funded scholarships.

State Official Expects 3rd Lawsuit Against Centers

LITTLE ROCK, Ark. (AP) — Arkansas Department of Human Services officials say they expect a third lawsuit by the U.S. Department of Justice against five of the state's six human development centers.

Small Business Expects Boost From Tax-Free Holiday

JACKSON, Miss. (AP) — Mississippi's sales tax holiday takes place at the end of the month, and some merchants are expecting a boost in business.

NATIONAL BUSINESS

Stocks Rise After Euro Bank Tests, Earnings

NEW YORK (AP) — Investors bought stocks again on the latest reassuring news about the economy. This time, it was about European banks.

Pay Czar Chose Not to Go After $1.6B in Bank Pay

WASHINGTON (AP) — The Obama administration's pay czar said Friday that he did not try to recoup $1.6 billion in lavish compensation to top executives at bailed-out banks because he thought shaming the banks was punishment enough.

HEALTH CARE

Some Insurers Stop Writing New Coverage for Kids

WASHINGTON (AP) — Some major health insurance companies have stopped issuing certain types of policies for children, an unintended consequence of President Barack Obama's health care overhaul law, state officials said Friday.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 0 0 8,610
BUILDING PERMITS 196 196 42,533
BANKRUPTCIES 55 55 13,957
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 56 56 13,567
MARRIAGE LICENSES 23 23 5,092

Weekly Edition

Issues | About

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