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VOL. 125 | NO. 155 | Wednesday, August 11, 2010

Pinnacle Board Gets Downtown Hard Sell

Wharton Talks Incentives

Pinnacle Airlines Corp. executives, after listening to a coordinated, Downtown-focused pitch from developers, businessmen and political leaders, will now take about a month to finish deciding where to relocate their corporate headquarters.

Cutting Loose

Two-time cancer survivor finds success in East Memphis salon

At age 29, Ryan Swanson has his dream job.

UDC Approved Despite Attempts To Delay

Bass Pro Shops Lease Clears Final Hurdle

Memphis City Council members approved a new Unified Development Code Tuesday on third and final reading.

Charter Commission Dissolves, Awaits Election Day

The Metro Charter Commission goes out of business Wednesday.

Saint Francis Upgrades Orthopedic Recovery Unit

The new Joint and Spine Center at Saint Francis Hospital-Memphis will help patients get home quicker after orthopedic surgeries by putting their loved ones on the recovery and rehabilitation team.

Local Weather
Memphis, TN
Light Rain
Wind: South at 4.6 mph
Humidity: 79%


Leadership Memphis will launch the 100 Things in 100 Days campaign with a special event Wednesday from 9 a.m. to 11 a.m. at the Buckman Hall Spain Auditorium on the Christian Brothers University campus, 650 East Parkway. Josh Pastner, University of Memphis men’s basketball coach, will speak. For reservations or more information, call 278-0016 or e-mail rsvp@leadershipmemphis.org.

more events »

Martin Adds ‘Author’ to Distinguished Résumé

Brad Martin’s name in Memphis is a familiar one because of his many years in politics and his involvement with several successful and large business ventures.

Candidates Wait on Certified Results Before Legal Challenge

Before there can be a challenge of the Aug. 5 election results, there has to be a set of certified election results.

County Commission Approves UDC

Shelby County Commissioners this week approved a new Unified Development Code with no discussion. The combined city-county code passed on a unanimous vote on third and final reading.

Deimund Named Clinical Director of Methodist Wound Centers

Sandy Deimund has been named clinical director for the Methodist North and Methodist South Hospital Comprehensive Wound Healing Centers.

The Power of Questions

Let’s face it. The word “sales” for many people can have a negative connotation. It’s often associated with old-style, won’t-take-no-for-an-answer tactics that involve selling a product or service whether or not it is actually a fit for the customer.

Terminix Acquires Companies in Calif., Ariz.

MEMPHIS (AP) – Termite and pest control company Terminix has acquired a California-based company and its Arizona affiliate.


Clark to be Sworn in as Chief Justice Sept. 1

NASHVILLE (AP) – Cornelia A. Clark will become the second woman in the state's history to serve as chief justice of the Tennessee Supreme Court when she is sworn into office Sept. 1.

Bredesen, Others Meeting With Credit Agencies

NASHVILLE (AP) – Gov. Phil Bredesen has been meeting with three credit rating agencies this week in New York.


TVA Power Demand Expected to be High All Week

KNOXVILLE (AP) – The Tennessee Valley Authority is having the highest demand for electricity since 2007.


July's Sluggish Retail Sales Extend Into August

NEW YORK (AP) – The first week of August was sluggish at America's retailers, even with sales tax holidays kicking in for about 20 states, according to data released Tuesday.

Wholesale Inventories Up in June But Sales Drop

WASHINGTON (AP) – Inventories at the wholesale level edged up slightly in June but sales fell by the largest amount in 15 months.

Productivity Falls 0.9 Percent in Second Quarter

WASHINGTON (AP) – Worker productivity dropped this spring for the first time in more than a year, a sign that companies may need to step up hiring if they hope to grow.

Morgan Stanley Fined Over Research Disclosures

NEW YORK (AP)Morgan Stanley was fined $800,000 Tuesday by the Financial Industry Regulatory Authority over failures to adequately disclose potential conflicts of interest in its analyst research notes.

Netflix to Stream Paramount, Lionsgate, MGM Movies

LOS ANGELES (AP)Netflix Inc. has reached a five-year deal worth nearly $1 billion to stream movies from Paramount, Lionsgate and MGM online starting Sept. 1 – a major move that boosts its "Watch Instantly" offerings and makes the studios' joint pay TV venture Epix immediately profitable.

Selling a Home: Pricing Right in a Housing Slump

NEW YORK (AP) – The good news for sellers: Your house will sell. The bad? Only if the price is just right.


Fed Takes Small Step to Bolster Recovery

WASHINGTON (AP) – More worried about the recovery, the Federal Reserve took a small step Tuesday to bolster the economy.

FDIC Takes Step Toward Cutting Use Of Ratings

WASHINGTON (AP) – Federal regulators have taken a first step toward eliminating the use of credit ratings in rules for banks, under a mandate of the new financial overhaul law.

High Response Saves 2010 Census $1.6B in Costs

WASHINGTON (AP) – With the 2010 census nearly finished, the government said Tuesday it will save $1.6 billion in the cost of the U.S. population count because of strong public response and no major problems.

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PROPERTY SALES 52 374 8,123
MORTGAGES 52 433 9,632
BUILDING PERMITS 218 906 17,513
BANKRUPTCIES 45 252 5,658

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