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VOL. 129 | NO. 182 | Thursday, September 18, 2014

Michelle's Message

First Lady Tells St. Jude Kids About Being 'Working Mom'

First Lady Michelle Obama’s visit to St. Jude Children’s Research Hospital Wednesday, Sept. 18, was a tightly scripted affair that afforded her an up-close look at the world-renowned hospital and a cross-section of its precocious patients, who she met with in an activity room as they worked on a project.

Airport Authority Approves RedRover Contract

Memphis International Airport should have a new team of storytellers on board.

Debt of Gratitude

Memphis company thankful for drivers as shortage grows

Robert Wright began working as a truck driver for Intermodal Cartage Co. in March 2006, making runs to cities across the Southeast.

FedEx Profits Surge Above Wall Street Estimates

FedEx said fiscal first-quarter profits surged to $606 million, driven by gains in its freight, ground and express operations and a share buyback program.

City Employees Return to Court Over Benefits

The basic elements of an overhaul of city health insurance and pension benefits got some changes this week at the Memphis City Council. And it looks like the council might put off a vote on pension benefit changes originally set for a vote in October.

Local Weather
Currently
Memphis, TN
69.0°F
Overcast
Wind: South at 16.1 mph
Humidity: 66%

EVENTS

Rhodes College will present the Rhodes Less Traveled: New and Experimental Music Festival Thursday, Sept. 18, and Friday, Sept. 19. Events include open air concerts both days at noon on the Briggs North Patio at Rhodes, 2000 North Parkway; a concert with new music from modern-day composers Thursday at 7:30 p.m. at Evergreen Presbyterian Church, 613 University St.; and new music for orchestra and winds Friday at 7:30 at Evergreen. Visit rhodes.edu/mccoy for details.

more events »

Officials Vow to Help Cargill Workers Find Jobs

The Greater Memphis Chamber says it will work with its partners to help displaced Cargill Inc. employees find new jobs.

GiVE 365 Awards $62,600 in Grants

A community’s needs are infinite, yet the resources available to provide help are finite.

Door Remains Open on City Health Insurance Changes

The political struggle to close the door and lock in changes to city health insurance coverage is proving to be a challenge for the Memphis City Council.

Care2Manage Draws on Local Startup Resources

Ela Emami’s startup Care2Manage is an example of how the startup ecosystem in Memphis is supposed to work, and what the fruits of that ecosystem’s labor can be.

Southern Airways Moving Hub to Memphis International

Southern Airways Express is moving its primary hub from Olive Branch Airport in DeSoto County to a private terminal located at Memphis International Airport.

Airport Officials Recommend RedRover for Branding Contract

Memphis International Airport officials are recommending that RedRover Co. LLC be engaged to help develop an image and marketing campaign for the airport, which is reinventing itself as an origin-and-destination facility.

LOCAL COLUMNISTS

Target Date Mutual Funds – Should You Go With the Flow?

Ray's take: Target date funds take their name from the year in which an investor plans to retire or stop contributing to savings and is increasingly the default choice for 401K plan contributions.

Clueing THEA

THEA crops up in crosswords occasionally. In an easy puzzle, it’ll be clued as “Ellington’s ‘Take ___ Train’.” Or “Mr. T’s ‘___ Team’.” In more challenging grids, THEA’s clues include “Actress Gill,” “German author von Harbou,” or “Mother of Eos.” Snobby solvers don’t like any of these clues; thus, they don’t like THEA. That’s about to change. Henceforth, a new clue for THEA will be available. I predict a change of attitude toward the answer.

STATE GOVERNMENT

Sen. Summerville Charged With Public Intoxication

NASHVILLE, Tenn. (AP) – Outgoing state Sen. Jim Summerville, whose behavior has often drawn the ire of his Republican colleagues, has been charged with public intoxication.

REGIONAL

Tunica Gets Larger Federal Grant for City Airport

TUNICA, Miss. (AP) – The U.S. Department of Transportation is giving the Tunica Municipal Airport an additional $1.1 million to help pay for a new hangar.

NATIONAL GOVERNMENT

Fed Increases Estimate for Key Rate at End of 2015

WASHINGTON (AP) – Federal Reserve policymakers have slightly increased their estimate of what the Fed's benchmark interest rate should be at the end of 2015 compared with their estimate three months ago.

Yellen: Fed Balance Sheet to Take Years to Shrink

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen says "it could take until the end of the decade" to shrink the Fed's record investment portfolio to more normal levels.

HEALTH CARE

Drugstores, Retailers Dive Deeper Into Vaccines

Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles.

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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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