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VOL. 127 | NO. 166 | Friday, August 24, 2012

Urban Child Institute Data Show Good News

The Urban Child Institute this month published its seventh annual “Data Book: The State of Children in Memphis and Shelby County,” focused on the forces, trends and factors affecting the healthy brain, social and physical development of children through age 3.

Business Honors

Memphis companies land on latest Inc. Magazine list

Thirteen Memphis-based companies can officially claim to be among the fastest-growing in the U.S.

LSI Buys Flex Space to Expand

A northeast industrial flex warehouse in Appling Center Industrial Park has been snatched up by an expanding Bartlett-based engineering firm.

Schools Superintendent Search Process Group Wants More Time

The countywide school board committee working on a method for selecting a superintendent for the schools merger wants more time to come up with a recommendation for the full board.

Cox: Airport Incentives Drawing Interest From Carriers

In the three months since the Memphis-Shelby County Airport Authority rolled out an incentives program to draw new air service, the $1 million pool of money has drawn a lot of attention and interest from air carriers.

Local Weather
Currently
Memphis, TN
74.0°F
A Few Clouds
Wind: South at 6.9 mph
Humidity: 91%

EVENTS

The Federal Bar Association Memphis Mid-South Chapter will hold its Memphis Trial Practice Summer Seminar Friday, Aug. 24, from 8 a.m. to 2 p.m. at the federal courthouse, 167 N. Main St. Speakers include jury strategist Jason Bloom; U.S. District Court Magistrate Judge Diane Vescovo; and attorneys Mike McLaren and Les Jones. Email michael.mclaren@butlersnow.com.

more events »

Diamond Adapts to Changes in Trucking Industry

Richard Sweebe came to Memphis for International Harvester 30 years ago – when the machinery giant was a significant presence in Memphis manufacturing, something it soon would dramatically decrease.

Ruling Alters Fayette County Education Landscape

A court case, school closings, attendance zone changes as well as school system and county government differences.

MEMPHIS STANDOUT

Varied Career Led Spurlock to The Urban Child Institute

Katy Spurlock, director of education and dissemination at The Urban Child Institute, has had a varied career in which every step along the way seems to have led her right to where she’s meant to be.

LOCAL COLUMNISTS

First and Ten, First Ever

MOVING THE CHAINS. Georgia scored again while I was throwing up. Georgia and I had already done these things several times in the preceding three hours. Like Tennessee, I didn’t think I had anything left. Very late in the fourth quarter, our offense had gone ice cold and we were down by eight – and my temperature was red hot, up by two. Millions were watching on TV and even ABC’s super-saccharine Chris Schenkel thought Uga had this one all wrapped up.

Faith-Based Fundraising – Part 3

Part three of a three-part series Church fundraising requires prayer. That is at the heart of the advice offered by Willis White who served as campaign co-chair for his church’s $3.5 million campaign. We asked him how he prepared for the campaign.

MEMPHIS AREA

Board of Bankrupt Pinnacle Airlines Gets Update on Headquarters Costs

Pinnacle Airlines Corp.'s board opened a two-day meeting Wednesday, but isn't expected to decide yet whether to keep company headquarters in Memphis.

STATE GOVERNMENT

Ramsey Aide Recommended for GOP Convention Role

NASHVILLE (AP) – State Senate Speaker Ron Ramsey's top aide has been recommended for an official role at next week's Republican National Convention.

REGIONAL

Exceptional Drought Receding in Arkansas

LITTLE ROCK, Ark. (AP) – Drought conditions in Arkansas are showing a slight improvement.

NATIONAL BUSINESS

Applications for US Unemployment Aid Up Slightly

WASHINGTON (AP) – The number of people seeking first-time unemployment benefits rose a slight 4,000 last week to a seasonally adjusted 372,000, evidence that the job market's recovery remains modest and uneven.

REAL ESTATE

US New-Home Sales Rise to Match 2-Year High

WASHINGTON (AP) – Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the housing market.

Average on 30-Year US Mortgage up to 3.66 Percent

WASHINGTON (AP) – Average U.S. rates on fixed mortgages have risen for a fourth straight week, remaining slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 140 16,020
MORTGAGES 0 145 18,537
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 323 32,794
BANKRUPTCIES 0 121 10,621
BUSINESS LICENSES 0 58 5,144
UTILITY CONNECTIONS 0 90 11,307
MARRIAGE LICENSES 0 60 3,833

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