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

Forgot your password?
Skip Navigation LinksHome >
VOL. 125 | NO. 242 | Tuesday, December 14, 2010

Daily Digest

Print | Front Page | Email this story | Comments ()

FedEx Files Permit for Sort System Install

FedEx has filed an $8.6 million building permit application through the city-county Office of Construction Code Enforcement to install a sort system at 2903 Sprankel Drive.

A FedEx media representative could not be reached by press time.

The permit comes just a couple of weeks after two permits were filed to relocate current facilities: $2 million for a fuel center and $1.5 million for a recycling center.

At the time, spokeswoman Sally Davenport explained the 2903 Sprankel facility is a secondary packing sorting facility adjacent to the company’s primary sorting facility. The SPSF handles overnight letters and very small packages.

“What that will do for us will allow us to increase our sort capacity by an additional 24,000 packages per hour, which will give us the capability when operating at peak to sort a maximum180,000 packages per hour,” she said at the time.

Source: The Daily News Online & Chandler Reports

– Kate Simone

CCRFC To Vote on Pair of Incentives

The Center City Revenue Finance Corp. is scheduled to take action Tuesday on a bond resolution authorizing the sale of no more than $17.4 million in Recovery Zone Facility revenue bonds as part of the mix of incentives for Pinnacle Airlines Corp.’s new Downtown home.

The board also is scheduled to take action on a payment-in-lieu-of-taxes resolution involving new property for The Blues Foundation, which currently leases space at 49 Union Ave.

The CCRFC meets Tuesday at 9 a.m. in the Center City Commission office, 114 N. Main St.

– Andy Meek

GTx Therapy Shows Promise in Prostate Cancer Treatment

Clinical trials of Capesaris, a drug developed by Memphis-based GTx Inc., have shown promise in the treatment of advanced prostate cancer. The findings were presented this past weekend at the Annual Meeting of the Society of Urologic Oncology in Bethesda, Md.

“As Capesaris advances from proof of concept into clinical trials in men with advanced prostate cancer, it is emerging as a promising drug candidate which represents a new approach to androgen deprivation therapy,” said Thomas Keane, chairman and professor of urology at the Medical University of South Carolina.

In the second quarter of 2011, GTx plans to initiate another trial evaluating Capesaris, a possible alternative to androgen deprivation therapy, the standard care for men with advanced prostate cancer, which can result in side effects such as bone loss and hot flashes.

GTx develops drugs for the treatment and prevention of cancer, the treatment of side effects of anticancer therapy, cancer supportive care and other conditions.

– Aisling Maki

SCOTN Agrees to Hear Appeal in Priest Abuse Case

The Tennessee Supreme Court will hear an appeal of a civil case alleging child sexual abuse 30 years ago by the late Memphis Catholic priest Milton Guthrie.

Norman Redwing filed suit in Shelby County Circuit Court in 2005 against the Catholic Diocese of Memphis, alleging the diocese knew or should have known Guthrie was a danger to children.

Guthrie was never accused of criminal wrongdoing and had been dead several years when the lawsuit was filed.

The high court will hear arguments in its April term on the Tennessee Appeals Court ruling in February that dismissed Redwing’s lawsuit because Redwing waited too long to inquire about any allegations of abuse against Guthrie.

Circuit Court Judge D’Army Bailey refused to dismiss the suit on the grounds that the statute of limitations had run.

The diocese appealed and the appeals court in June affirmed the defense argument that Redwing had a year after he turned 18 years old to ask the diocese if there were any other allegations. The same conclusion has led to the dismissal of several other similar suits alleging child sexual abuse by Memphis priests.

But the appeals court ruling in the Redwing case came with a strong dissent from Judge Holly M. Kirby of Memphis who termed the dismissal “premature.”

“Even if Mr. Redwing had filed a lawsuit against the priest when he reached majority, there is a substantial possibility that he would not have discovered that he had a claim of negligent supervision against the diocese,” she wrote.

– Bill Dries

Blues Foundation Settles into South Main HQ

After more than 30 years of working out of temporary spaces, The Blues Foundation will finally have its first permanent home, the organization announced Monday. The space will serve the mission of Blues music preservation, celebration and education.

Having outgrown its location at 49 Union Ave., the Memphis-based international nonprofit will move into a space at 421 S. Main St. in Downtown in March.

The new location will feature 4,000 square feet of public showroom space that includes exhibits of memorabilia, artwork and audio-visual presentations. The site will also include a retail store and house the music organization’s staff.

“People of all ages, races, cultures and socioeconomic backgrounds travel to Memphis from around the world for one primary purpose: blues music. We’re so excited that now there will be a visible center for them to visit while they’re here,” said Kevin Kane, Blues Foundation board member and president of the Memphis Convention and Visitors Bureau.

– Aisling Maki

Former Bridgestone CEO Haslam's Choice for Finance

With a month to his inauguration, Gov.-elect Bill Haslam has filled one of his most important cabinet positions.

Haslam has appointed former Bridgestone Americas president and CEO Mark Emkes as commissioner of finance and administration.

The finance and administration commissioner is the chief operating officer of the state, managing the state’s use of revenues and its expenses on a day to day basis. The position also oversees the administration of TennCare, the state’s version of Medicaid.

Emkes, who has lived in Nashville since 2000, retired from Bridgestone in February after 33 years with the company.

– Bill Dries

inferno Wins Five Davey Awards

Memphis marketing and advertising firm inferno has won five 2010 Davey Awards.

inferno’s awards include Gold Awards in the small business category for Strategic Alternatives LLC’s Pour Attire website, and in the announcements/greetings category for the firm’s Tenferno Campaign.

The firm won Silver Awards in the music category for the Sun Studio website, consumer category for The Recording Academy’s “Music: The Passion” brochure, and the business-to-business category for NuVasive Surgical Collateral. The Davey Awards is an international creative awards program that honors outstanding creative work from the best small firms worldwide.

– Taylor Shoptaw

Sign-Up For Our Free Email Edition
Get the news first with our daily email

Blog News, Training & Events
PROPERTY SALES 57 252 6,191
MORTGAGES 73 287 7,379
BUILDING PERMITS 227 556 13,147
BANKRUPTCIES 40 153 4,500

Weekly Edition

Issues | About

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