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VOL. 126 | NO. 182 | Monday, September 19, 2011

Wright Medical Names New CEO

Wright Medical Group Inc. on Monday announced Robert J. Palmisano will serve as the new president and CEO of the Arlington, Tenn.-based maker of orthopedic medical devices. The appointment by the company’s board went into effect Saturday, Sept. 17.

Staying Afloat

With big projects on horizon, some companies find solace in smaller jobs

Compared to the overall U.S. construction landscape, Memphis’ position appears to be managing fairly well.

Work Still Slow in Construction Sector

The Mid-South commercial construction market is still trying to gain traction following a steady downturn spanning the past couple of years.

First Horizon, Fitch Say Risk Manageable

Bryan Jordan, the president and CEO of First Tennessee Bank’s parent company, told his audience at an industry conference a few days ago in New York City that his company has been out of the mortgage business for three years now.

Moyes Keeps Flintco’s Memphis Office Humming

In 2000, Kevin Moyes and his wife found themselves preparing for the birth of their son in a state-of-the-art labor and delivery suite at the Baptist Memorial Health Care campus in East Memphis.

Local Weather
Currently
Memphis, TN
35.0°F
Fair
Wind: South at 10.4 mph
Humidity: 61%

EVENTS

Rhodes College will host a lecture by Vanderbilt University professor Dr. James Ely titled “Is Private Property Necessary for the Enjoyment of Liberty?” Monday, Sept. 19, at 4 p.m. in Blount Auditorium of Buckman Hall on campus. The lecture is free and open to the public, and a book-signing and reception will follow the lecture. For more information, call 843-3662.

more events »

New Arlington Mayor Familiar With Schools Fight

The incoming mayor of Arlington already had a busy political schedule that offered plenty of new political horizons.

Social Media Replacing Traditional Advertising

The model for advertising once was for businesses to purchase advertising space in a traditional newspaper or magazine and tout product offerings to its audience.

John J. Campbell Roofing Adapts During Poor Economy

John J. Campbell Roofing, based in Memphis, is celebrating 40 years of growth and success through what’s proved to be trying times economically.

LOCAL COLUMNISTS

Men Untied About Ties, Revisited

Few columns of my 75 had the response of “Men Untied About Ties.” I am going to follow it up adding your revelations and mine.

Tigers Can Help You LEAD

Last week we spotlighted New Ballet Ensemble & School, which is bringing together children from all backgrounds by providing a professional standard of training, regardless of the ability to pay. This week let us showcase three University of Memphis programs that offer your business tremendous partnership and growth opportunities.

THE MEMPHIS NEWS

Plotting a Course

Small businesses still adjusting to perilous economic landscape

State and federal officials are developing new programs and legislation to bolster small businesses.Many companies are facing a variety of hurdles in a lackluster economy in which millions remain jobless and the outlook for consumer confidence and companies’ confidence in hiring and investing remain bleak. But what shape those hurdles have taken depends on who you ask.

Governor’s Plan Could Spark Small Business

After enough stimulus funding to float a boat, we know putting Americans back to work isn’t all about government money.

Shell Brings Unique Events to 75th Party

The Levitt Shell at Overton Park opens its fifth anniversary season this month featuring diverse, cultural acts with a twist.

Examining the Current Dining Landscape

So, where was I?

Appreciating Pouilly-Fuissé

American wine drinkers traditionally like Pouilly-Fuissé because it’s French, and therefore sophisticated; because it’s not too difficult to pronounce – “poo-ee fwee-say”; and it’s made of chardonnay grapes, and everybody knows about chardonnay.

STATEWIDE

Oak Ridge Lab to Cut Work Force by At Least 350

OAK RIDGE, Tenn. (AP) – The Oak Ridge National Laboratory will offer a voluntary separation package to selected employees as it tries to cut 350 positions in anticipation of federal budget cuts.

Ky., Tenn. Postal Centers Eyed as Possible Cuts

LEXINGTON, Ky. (AP) – Processing centers in Kentucky and Tennessee could be shut down and hundreds of local jobs lost as the U.S. Postal Service looks for ways to cut costs and restore its fiscal health.

Tenn. Supreme Court Rules Against Lifetime Alimony

NASHVILLE (AP) – The Tennessee Supreme Court on Friday ruled that a man does not have to pay lifetime alimony to his ex-wife.

REGIONAL

4 Ark. Mail-Sorting Centers May be Up for Closing

LITTLE ROCK, Ark. (AP) – The U.S. Postal Service is considering whether to close four Arkansas mail distribution centers as a way to save money.

EPA Adds 2 Miss. Waste Sites to Superfund List

JACKSON, Miss. (AP) – The U.S. Environmental Protection Agency says it has added two places in Mississippi to its National Priorities List for Superfund, the program for cleaning up uncontrolled or abandoned hazardous waste sites.

NATIONAL BUSINESS

Unemployment Rates Rose in Majority of States

WASHINGTON (AP) – Unemployment rates rose in a majority of states in August for a third straight month, further evidence that the depressed job market is widespread.

Mall Group Predicts Holiday Spending up 3 Percent

NEW YORK (AP) – The International Council of Shopping Centers is forecasting holiday sales to increase 3 percent this year. That's a slower pace than the 4.1 percent gain in 2010 as many shoppers are expected to remain worried about the economy.

Household Wealth Dipped in the Spring

WASHINGTON (AP) – Americans' wealth declined this spring for the first time in a year, as stocks and home values fell. At the same time, corporations increased the size of their cash stockpiles.

Citi to Raise Monthly Fees on Checking Accounts

Citi is raising the monthly fee on its basic checking account.

NATIONAL POLITICS

Obama Signs 1st Major Patent Law Change Since 1952

ALEXANDRIA, Va. (AP) – President Barack Obama signed into law Friday a major overhaul of the nation's patent system to ease the way for inventors to bring their products to market. "We can't afford to drag our feet any longer," he said.

7 State AGs Join Justice Case Against AT&T Merger

WASHINGTON (AP) – Seven state attorneys general have joined the Justice Department's lawsuit to block the merger of AT&T Inc. and T-Mobile USA Inc.

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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 0 359 42,696
BANKRUPTCIES 60 176 14,078
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 0 85 13,596
MARRIAGE LICENSES 20 67 5,136

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