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

Forgot your password?
Skip Navigation Links
VOL. 127 | NO. 161 | Friday, August 17, 2012

Pinnacle Cuts Pay, Benefits in Reorganization Plan

Memphis-based Pinnacle Airlines Corp. has a new bankruptcy reorganization plan that includes 6 percent pay cuts for nonunion employees, a cut in paid vacation time by one week and a smaller company match in 401(k) retirement plans to take effect in 2013.

Airwaves Charity

Changes in store for Ronald McDonald House’s annual radiothon

Members of the media joined the children of Ronald McDonald House of Memphis Wednesday, Aug. 15, for an outdoors tricycle race on the nonprofit’s campus at 535 Alabama Ave.

Invacare Inks Lease in SE Memphis

Invacare Continuing Care Inc. has inked a 3,500-square-foot lease at 4187 Senator St. in Southeast Memphis.

Mayors Taking MEM Concerns to Nashville

When Memphis Mayor A C Wharton Jr. and Shelby County Mayor Mark Luttrell are in Nashville Monday, Aug. 20, to meet with Gov. Bill Haslam one or both of them will probably also discuss possible incentives for Memphis International Airport.

County Sales Tax Hike Frustrates Wharton

The possibility of a countywide sales tax referendum on the Nov. 6 ballot has caused a scramble among political leaders.

Suburban School Board Races Almost Set

Races on the Nov. 6 ballot for six sets of suburban school boards took shape Thursday, Aug. 16, at the noon filing deadline for candidate qualifying petitions.

Packed Week for Entrepreneurs Draws to Close

The week that’s now drawing to a close is Exhibit A for why a national tech media site co-founder said he and his partner are relocating their operation to Memphis.

School Board Fills Out Supt. Search Process Committee

The ad hoc committee to recommend a process for selecting a single superintendent for the coming schools merger is complete.

Survey Unites Separate Forum Attendees

Countywide school board forums on the merger plan continue through the weekend with two public meetings at the same time Saturday, Aug. 18, at 10 a.m. at Mitchell and Frayser high schools.

MEMPHIS STANDOUT

Hayes Returns to PR Following Role in Wharton Administration

Kerry Hayes knows a thing or two about what makes a city tick.

LOCAL COLUMNISTS

County’s Math Proves Problematic

WE ALL LOSE, 7-1. While the suburbs cite the test performance of Memphis students as a primary reason to form their own systems, a closer examination reveals that they themselves seem to be lacking in a basic understanding of math.

Faith-Based Fundraising – Part 2

Part two of a three-part series. Fundraising is one way congregations secure the funds needed to bring their vision to life. We met Willis White when he served as co-chair for his church’s $3.5 million campaign. He shares his reflections to help those considering their own campaign. Motivation, prayer, faith and teamwork were key to his experience.

STATEWIDE

TVA Electricity Rates Will Not be Increasing

KNOXVILLE (AP) – Electricity rates for Tennessee Valley Authority customers in seven states will not be increased in the coming fiscal year.

NATIONAL BUSINESS

Study: Companies Paid More to CEOs Than in US Tax

NEW YORK (AP) – Twenty-six big U.S. companies paid their CEOs more last year than they paid the federal government in tax, according to a study released Thursday by a liberal-leaning think tank.

NATIONAL GOVERNMENT

Government Turns Heat on Employers Over Job Bias

WASHINGTON (AP) – It started with allegations of hangman's nooses, graffiti and racist comments targeting a handful of black workers at a trucking company warehouse in Chicago Ridge, Ill.

REAL ESTATE

US Rate on 30-Year Mortgages Rises to 3.62 Percent

WASHINGTON (AP) – Average U.S. rates on fixed mortgages ticked up for the third straight week, staying slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.

US Home Construction Dips, but Signs Point Up

WASHINGTON (AP) – U.S. builders broke ground on slightly fewer homes in July than June. But in a hopeful sign for future construction, applications for building permits rose to their highest level since August 2008.

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 46 229 20,995
MORTGAGES 74 248 24,609
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 478 837 43,174
BANKRUPTCIES 61 177 14,079
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 29 114 13,625
MARRIAGE LICENSES 20 67 5,136

Weekly Edition

Issues | About

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