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

Forgot your password?
Skip Navigation Links
VOL. 126 | NO. 178 | Tuesday, September 13, 2011

Corporate Blogs at Heart of Seminar

A marketing strategy is essential to any successful business model.

Multifamily Comeback

Market poised for return after reaching bottom

With signs of resurgence in the commercial real estate industry, the multifamily sector looks to bounce back at an impressive clip.

County Commission Completes New School Board

Shelby County Commissioners made seven appointments Monday, Sept. 12, to the new countywide school board that takes office Oct. 1.

Class of ‘66 Stands Out At White Station

There was clearly something special about the 1966 graduating glass of White Station High School.

Regions CEO: Nothing New to Say About Morgan Keegan Deal

Almost three months after announcing that its Memphis-based investment banking franchise is up for sale, Regions Financial Corp. still has not announced that it’s reached a deal for the unit.

Local Weather
Currently
Memphis, TN
55.0°F
Overcast
Wind: Southwest at 8.1 mph
Humidity: 38%

EVENTS

The local chapters of The National Association of Women Business Owners, Commercial Real Estate Women and Women’s Business Enterprise Council South will hold Great Women Great Things 2011, an education seminar, luncheon and trade show, Tuesday, Sept. 13, from 8:30 a.m. to 1:15 p.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Seating is limited. Cost is $45. For a full schedule, a complete list of speakers or to register, visit www.wbecsouth.org/gwgt2011.

more events »

Arlington Mayoral Race Focuses on Schools

When the four men running for mayor of Arlington began their campaigns, the dominant topic was economic development for the town of 12,000.

Kroger Execs React to Customers’ Concerns

The company that owns the largest market share in the city’s fiercely competitive retail grocery business is noticing smaller baskets.

Bioworks Foundation to Build Specialized Lab on S. Dudley

45 S. Dudley St., Memphis, TN 38103, Permit Amount: $15.2 million -
Memphis Bioworks Foundation is planning to build Memphis Specialized Laboratory at 45 S. Dudley St., according to a $15.2 million permit application filed in September with the city-county Office of Construction Code Enforcement. The project was confirmed by Brandon Wellford, Memphis Bioworks Foundation’s chief financial officer and director of real estate.

LOCAL COLUMNISTS

Evaluating Locations

Do you own a retail business or are you considering the establishment of one? Is your lease expiring in the next 12 to 18 months? If you answered yes to either question, how about these? Are you in the optimal location for your business? Is your space well-configured to support your business plan for the coming years? Are you paying a market rent? It’s easy to get really focused on the day-to-day operations of your company and shortchange a key strategic decision that has significant implications for your business.

Reverse Thinking

It’s wrap-up time for summer beach trips and kick-off time for fall football season. So naturally, this makes me think of beach balls and football fields. I’m sure several of you have the same thoughts this time of year.

Stimulus 2?

President Obama gave his widely publicized speech last week. Ever since he announced his intentions last month to roll out this jobs plan, the anticipation has built. The background for the anticipation helps frame the sense of urgency that spurred the speech in the unusual “State of the Union”-style format.

STATEWIDE

Drop in TVA Fuel Cost More Than Offsets Rate Hike

KNOXVILLE (AP) – Tennessee Valley Authority ratepayers in October will get a break from lower fuel costs, with average residential bills expected to drop by as much as $3.50.

TennCare Spend Down Program Begins Monday Evening

NASHVILLE (AP) – The TennCare Standard Spend Down program will accept enrollees Monday, Sept. 12, beginning at 6 p.m. CDT.

Nashville Museum on African American Music Planned

NASHVILLE (AP) – A new museum in the works for Nashville will aim to expand the public's idea of what makes the town Music City.

Tennessee-Made VW Passat Delivered to Customer

CHATTANOOGA (AP) – A California man is the first to receive delivery of a purchased 2012 Volkswagen Passat built at the automaker's plant in Chattanooga.

UT, ORNL to Study Climate Change

KNOXVILLE (AP) – The University of Tennessee, in partnership with Oak Ridge National Laboratory, will study climate change.

Scripps Networks Opens Government Affairs Office in Washington

The rapidly evolving-media market has prompted Scripps Networks Interactive Inc. to ramp up its presence in Washington, D.C.

NATIONAL BUSINESS

US Airlines Curbed Delays at Peak of Summer

NEW YORK (AP) – U.S. airlines curbed long delays in July and improved their overall on-time rates compared with both a month and year earlier, the Department of Transportation said Monday, Sept. 12.

Economists Cut Growth Forecasts for 2011 and 2012

WASHINGTON (AP) – Confronted with an economy that has decidedly underperformed this year, economists are scaling back their growth forecasts for 2011 and next year.

Student Loan Default Rates Jump

The number of borrowers defaulting on federal student loans has jumped sharply, the latest indication that rising college tuition costs, low graduation rates and poor job prospects are getting more and more students over their heads in debt.

Analyst: Kroger 2Q Shows Grocery Chain Troubles

NEW YORK (AP)A Jefferies & Co. analyst said Monday that Kroger Co.'s disappointing second-quarter results illustrate the difficulties the grocery store industry is facing.

Fired Yahoo CEO Backs Down, Resigns From Board

SAN FRANCISCO (AP) – Carol Bartz has resigned from the Yahoo board of directors that she blasted for firing her as the company's CEO last week.

Smaller Corn Surplus Could Push Food Prices Higher

NEW YORK (AP) – Food prices could rise next year because an unseasonably hot summer likely damaged much of this year's corn crop.

NATIONAL POLITICS

Obama Would Hike Taxes to Pay for his Jobs Bill

WASHINGTON (AP) – In a sharp challenge to the GOP, President Barack Obama proposed paying for his costly new jobs plan Monday with tax hikes that Republicans have already rejected, and he accused them of political motives if they still refuse to go along.

Obama Tax Proposal Worries Social Security Allies

WASHINGTON (AP) – Some Social Security advocates fear that President Barack Obama's desire to cut taxes supporting the program will undermine its vaunted stature as a self-financing pension system that provides checks to retirees based on contributions they made while working.

No More Mail? What Would Ben Franklin Think?

WASHINGTON (AP) – Imagine a nation without the Postal Service.

New Oct. Date Set for MLK Memorial Dedication

WASHINGTON (AP) – Organizers have set a new date in October to dedicate the Martin Luther King Jr. Memorial after Hurricane Irene forced them to postpone the event in August, days before 250,000 people were expected to attend.

HEALTH CARE

FDA Warns of Battery Issue With Medtronic Pumps

Federal health officials are warning patients that drug pumps recalled by Medtronic may fail to deliver drugs used to treat chronic pain, spasms and other conditions.

IBM Putting Watson to Work in Health Insurance

WHITE PLAINS, N.Y. (AP) – Enough with the fun and games. Watson is going to work.

Families Urge Action as US Drafts Alzheimer's Plan

WASHINGTON (AP) – As her mother's Alzheimer's worsened over eight long years, so did Doreen Alfaro's bills: The walker, then the wheelchair, then the hospital bed, then the diapers – and the caregivers hired for more and more hours a day so Alfaro could go to work and her elderly father could get some rest.

Medicaid Growth Impacts Tenet 2011 Profit Forecast

DALLAS (AP) – Tenet Healthcare expects 2011 earnings at the lower end of its previously announced guidance, the hospital operator said Monday, largely because of the growth in Medicaid admissions, which offer relatively low reimbursement.

CVS Will Give $6M in Flu Shots to the Uninsured

WOONSOCKET, R.I. (AP)CVS Caremark Corp. said Monday, Sept. 12, it will give away up to $6 million in seasonal flu shots to people who don't have health insurance.

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 0 331 19,904
MORTGAGES 0 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 1 232 13,336
BUSINESS LICENSES 0 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 0 94 4,936

Weekly Edition

Issues | About

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