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VOL. 126 | NO. 168 | Monday, August 29, 2011

Schools Consolidation Saga Turns Corner

Where does a 23-member countywide school board meet? “FedExForum is open,” replied Shelby County Schools board chairman David Pickler last week to the question from fellow board member David Reaves.

Wildly Popular

Zoo improvements keep ratings high

Many Memphians are unaware that the Memphis Zoo they visited when they were children is a completely different zoo today, thanks to more than $90 million in renovations since the early 1990s.

Bachmann: Electrolux has left the U.S.

Robbert Kaufman, the finance chief for the North American appliances division of Electrolux, pushed back in a weekend Wall Street Journal interview against a recent comment by Republican presidential candidate Michelle Bachmann that is indirectly related to Memphis.

County Commission To Vote Monday On Schools Settlement

The Shelby County Commission meets in special session Monday, Aug. 29, to vote on the schools consolidation lawsuit settlement approved Thursday by the Memphis City Schools and Shelby County Schools boards.

Blakeney Named MAAR’s New Leader

The Memphis Area Association of Realtors board of directors has named Melanie Blakeney as its executive vice president, effective Dec. 1.

Local Weather
Currently
Memphis, TN
44.0°F
Fair
Wind: Northeast at 4.6 mph
Humidity: 47%

EVENTS

Autism Speaks Benefit Night will be held Monday, Aug. 29, from 6 p.m. to 8 p.m. at Smoothie King, 3615 Houston Levee Road, suite 109. Twenty percent of purchases will benefit Autism Speaks and the Memphis Satellite Walk to be held Sept. 11. For more information, visit www.walknowforautismspeaks.org/tennessee.

more events »

Evolve Bank Moving Into Triad Centre III

Evolve Bank & Trust is preparing to move into a new branch location next month at 6070 Poplar Ave. in the Triad Centre III office building.

Gibson Guitar CEO Speaks Out About Raids

In a press conference Thursday, Aug. 25 that at times touched on themes of class warfare and government overreach, Gibson Guitar Corp. chairman and CEO Henry Juszkiewicz struck back against federal agents’ raid several days ago of his company’s factories and offices in Memphis and Nashville.

Margarette Purvis to Head NYC Food Bank

Margarette Purvis, daughter of longtime Fox 13 Memphis anchor Mearl Purvis, has been named president and CEO of Food Bank For New York City, the Big Apple’s major hunger-relief organization.

Riverboat News Points to Upswing Along River

With last week’s approval of up to $215 million in bonds for the city’s expanded Pyramid plus plans, the project Memphis Mayor A C Wharton Jr.’s administration describes as the other anchor for riverfront development has been moving in quieter waters.

Hart Properties Finds Success Via Community Involvement

Sherri Hart Beutelschies closes her commercial real estate deals the old fashioned way – by shaking hands.

LOCAL COLUMNISTS

How to Improve Your Economy

There are small businesses that could use boosting and unemployed talent on the sidelines. Seems like a natural match except nobody knows who can do what and: a) employers don’t have the working capital to experiment with new hires; b) job hunters do not know where the openings are to apply to; or c) both parties are looking but don’t like what they see. And not to mention folks are worn down from job hunting.

Watching Football Raises Money

Last week we discussed Tiara Tea Society, which is combining the joys of socializing and hosting glitzy afternoon tea parties with the goal of supporting one young girl each year. This week, as the college and NFL football seasons approach kickoff, let us revisit a way you can weave giving back into hosting friends and family to root on your favorite teams.

THE MEMPHIS NEWS

Let There Be Light

MLGW turns up the power on smart grid project

This fall, a group of 1,000 Memphis Light, Gas and Water Division customers move deeper into a three-year, futuristic-sounding “Smart Grid” test project that began this past January.

Time for City, Leaders To Embrace Technology

The smart meters that Memphis Light, Gas and Water Division has installed at 1,000 homes are both an opportunity and a political minefield.

TSC Brews Up Magical New Season

By the pricking of Dan McCleary’s thumbs, something wicked this way comes. The artistic director of Tennessee Shakespeare Co. announced that the upcoming 2011-2012 season will feature two Shakespearian blockbusters themed on the magic.

Is ‘No Children Allowed’ Policy Right or Wrong?

In July, Mike Vuick, owner of the Pittsburgh-area restaurant McDain’s, banned children younger than 6 from his establishment. More than 2,000 email responses to this action ran 11 to 1 in favor of the ban.

Lively Muscat Boasts Alluring Bouquet, Taste

The alternatives to the ubiquitous chardonnay, sauvignon blanc and pinot grigio continue to expand as wine made from once unfamiliar grapes from Italy, Spain, Portugal, Eastern Europe and South America reach our shores. Albariño and verdelho, vermentino and falanghina, furmint and grüner veltiner and torrontès all help to ease the boredom our palates feel from a steady diet of The Chard, S.B. and P.G.

STATEWIDE

Haslam Handed off Decision on Memphis Fuel Waiver

NASHVILLE, Tenn. (AP) — Gov. Bill Haslam's request for a federal waiver on gasoline standards is a first major test of his campaign pledge to recuse himself from issues that could affect the family-owned chain of Pilot Flying J truck stops.

Exec Says Rural Hospitals Face Hiring Challenge

COOKEVILLE, Tenn. (AP) — A hospital executive in Cookeville, Tenn., says it's getting harder for rural hospitals to recruit top physicians.

NATIONAL BUSINESS

Bernanke Proposes no New Steps to Boost Economy

JACKSON HOLE, Wyo. (AP) — Federal Reserve Chairman Ben Bernanke leaned on Congress on Friday to do more to promote hiring and growth, or risk delaying the economy's return to full health.

Economy Grew at Slower 1 Pct. Rate This Spring

WASHINGTON (AP) — The U.S. economy grew at a meager 1 percent annual pace this spring, slower than previously estimated. The downward revision stoked fears that the economy is at risk of another recession.

Stocks Recover After Bernanke Predicts US Growth

Stocks rose in afternoon trading Friday after Federal Reserve Chairman Ben Bernanke said the U.S. is on track for long-term economic growth.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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