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VOL. 126 | NO. 174 | Wednesday, September 7, 2011

IP, Temple-Inland Reach Merger Deal

Memphis-based International Paper Co. will buy Temple-Inland Inc. of Austin, Texas, in a $4.3 billion deal announced Tuesday, Sept. 6, that increases IP’s dominance in industrial packaging.

Driving the Economy

AutoZone, auto repair competitors shift business into gear

It doesn’t take much to figure out why a stock like AutoZone’s remains a favorite among investors.

Countywide School Board List Hits 100

Shelby County Commissioners are preparing for a long afternoon Wednesday, Sept. 7, as they interview applicants for the seven seats the commission will fill on the new countywide school board.

Carpenter Leaves County Commission For Ed Reform Group

Shelby County Commissioner Mike Carpenter is resigning from the county’s legislative body effective Oct. 1 to move to Nashville and join the statewide education reform group headed by former Washington D.C. schools chancellor Michelle Rhee.

City Council Gives Final Nod to Schools Consolidation Settlement

With no debate, Memphis City Council members Tuesday, Sept. 6, gave the final approval necessary for the schools consolidation settlement to become a consent decree.

Local Weather
Currently
Memphis, TN
57.0°F
Fair
Wind: Calm mph
Humidity: 72%

EVENTS

The Small Business Chamber will hold a power lunch titled “Doing Business with the Memphis Latino Community” Thursday, Sept. 8, from 11:30 a.m. to 1 p.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call Sally Baker Brenner at 748-8889.

more events »

New Apartment Development Planned for Mud Island

The developers of a roughly $8 million apartment development planned for Mud Island are scheduled to go before the Center City Revenue Finance Corp. Tuesday to apply for a 9-year tax freeze for the project.

Mem Biz Group on Health Preps for Annual Conference

Memphis Business Group on Health (MBGH) is gearing up for its third annual conference, titled “Got the Healthcare Reform Blues?,” which will take place Thursday Sept. 8, 2011, from 7:30 a.m. to 3:30 p.m. at the Holiday Inn University of Memphis, 3700 Central Ave.

Networking Event Brings Women Biz Orgs Together

It’s a cliché phrase that rings true for nearly every professional industry: it’s all about who you know.

Turley Joins Red Door As Director of Client Relations

Gretchen Gassner Turley has joined Red Door Wealth Management as director of client relations, a newly created position.

LOCAL COLUMNISTS

Top 12 PR Pitfalls

Editor’s Note: This is the second in a two-part series. Public relations is part art and part science. Because you’re dealing with fellow human beings – reporters and editors – there’s no one-size-fits-all checklist that will ensure you never make a misstep. There are, however, common pitfalls to avoid ensuring your best opportunity for strong coverage and continued long-term relationships with key reporters.

STATEWIDE

Voter Education Gears Up Ahead of Photo ID Law

KNOXVILLE (AP) – Tennessee’s new law to require nearly all voters to show a photo identification card at polling places beginning next year has led state officials and interest groups to plan education campaigns before the 2012 elections.

Tennesseans Urged to be Prepared for Bad Weather

NASHVILLE (AP) – State officials marked National Preparedness Month on Tuesday by stressing the need for readiness for natural disasters, mindful of the Memphis flooding last May and the April tornadoes that claimed 37 lives in Tennessee.

NATIONAL BUSINESS

Service Firms Grew at Slightly Faster Pace

WASHINGTON (AP) – Service firms that employ 90 percent of the U.S. work force expanded at a slightly faster pace in August. But the sector remains too weak to help an economy that is barely growing and struggling to create jobs.

NATIONAL POLITICS

Consumer Protection Nominee Promises Cooperation

WASHINGTON (AP) – President Barack Obama's nominee to head the new Consumer Financial Protection Bureau is promising to be accountable to Congress and is playing down the lawsuits his agency will be able to file against banks and other financial institutions.

HEALTH CARE

Walgreen Says Express Scripts Talks are Stalled

NEW YORK (AP) – Drugstore chain Walgreen Co. reiterated Tuesday that it plans to stop filling prescriptions managed by Express Scripts Inc. on Jan. 1, saying contract renewal negotiations between the companies are stalled.

Open Enrollment Cutoff for Medicare Plans Moves Up

A new deadline for privately run versions of the government's Medicare program may trip up customers who typically wait until the holidays to settle on their health insurance coverage for the coming year.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 122 17,665
MORTGAGES 82 150 20,576
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 151 334 36,150
BANKRUPTCIES 54 92 11,774
BUSINESS LICENSES 31 59 5,619
UTILITY CONNECTIONS 28 120 12,154
MARRIAGE LICENSES 24 49 4,406

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