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VOL. 125 | NO. 222 | Monday, November 15, 2010

Longtime Bookstore Evades Closure

Despite its parent company filing Chapter 11 bankruptcy and closing several stores as part of a major restructuring, Davis-Kidd Booksellers’ Memphis store in the Laurelwood shopping center isn’t going anywhere.

Bright Future

Sharp Memphis rides solar power growth wave

The Memphis Sharp Manufacturing plant is maxing out its production capabilities as it rides the growth wave of the solar power industry over the last several years. Sharp Manufacturing Co. of America, one of the nation’s leaders in solar panel production, is seeing increased demand for residential, commercial, governmental and utility-scale applications.

Biofuel Firms Seek New Life Amid Changes

While the Mississippi Delta region is considered a centerpiece of agricultural diversity and productivity in the southern U.S – distinguished by a variety of soil types, favorable climate and fairly long growing season – the biofuels industry must become viable to take advantage of the area’s assets.

Mayahi Charged With Turning Tiger Blue Into Green

When Amelia Mayahi was a college student, even though her passion was environmental sustainability, there was no degree program available in the topic.

MLGW Spearheads Green Switch Concept

In any economic climate, it’s pretty rare when businesses take actions that aren’t beneficial to the bottom line.

Local Weather
Currently
Memphis, TN
54.0°F
Overcast
Wind: South at 11.5 mph
Humidity: 87%

EVENTS

The Center City Commission and 5R Processors Ltd. will celebrate America Recycles Day with a downtown e-recycle drive Monday from 3 p.m. to 6:30 p.m. at Central Station, 545 S. Main St. Downtown employees and residents can bring personal consumer electronics for recycling.

more events »

Ware Turns Self In On Misconduct Charge

Memphis City Council member Barbara Swearengen Ware turned herself in to authorities Friday afternoon on an official misconduct charge.

First Horizon Focused on Productivity, Profitability

First Horizon National Corp.’s turnaround story is still a work in progress, but president and CEO Bryan Jordan told analysts during an industry conference this month he likes how it’s unfolding so far.

‘Ridiculously Cool’ Tiger Shirts Put Biz on Map

Zombie tigers have been sighted on the streets of Memphis. Citizens should be on the lookout for snarling, eyeless tigers. These tigers should be considered nuts about Memphis and ready to rock.

Are You Wearing Out Chair or Shoe?

I was disturbed by an upcoming presentation about the diminished role of salespeople to be taken from the book “Inside Advantage” by Bob Bloom. Local adviser Michael Synk posted to his Facebook public that “salespeople no longer add value to the sales process.” Both cited the Internet as where customers first research and then contact the salesperson and thus are now “in control.” These things have supposedly diminished the salesperson’s role. Really?

Give Back Through Corporate Promotions

Last week we discussed ways to weave giving back into your gift giving for the holidays. Today, let us examine how you and your company can create an exclusive marketing promotion that gives back and creates a win-win.

THE MEMPHIS NEWS

B.I.G. Idea

With crime on a downward spiral in Memphis, a new initiative seeks to amplify this trend by forging partnerships between business leaders and police precincts.

This Public-Private Collaboration Signals Further Crime Decline

The B.I.G. initiative is a promising start in more ways than one.

Exhibition Delves into American Ethos

Rural Southern landscapes, poetically charged illustrations and re-created battle scenes compose an extensive perspective on life in the South and American art in the Memphis Brooks Museum of Art’s current exhibition.

Change of Season Often Means Change of Menu

It’s definitely fall. The chill in the air, the gazillion fallen leaves on the ground (all in my yard), the donning of sweaters and vests, the confusion about Daylight Savings Time: All these tendencies lead us to want richer, heartier fare and kitchens filled with warmth and redolence. Out with the dweeby dishes of summer; in with the macho meals of autumn.

'09 Riesling a Rich, Ripe Reasonably Priced White

Here’s another white wine from Washington, and another great candidate for Thanksgiving or for appetizers and aperitif. In fact, I’ll come right out and say that the Joel Gott Riesling 2009, from the Ancient Lake region of Columbia Valley, is a knockout, in terms of quality and price.

NATIONAL BUSINESS

Fed Action Not Designed to Weaken Dollar

SEOUL, South Korea (AP) — Staking his ground in the global fight over the world's major currencies, President Barack Obama on Friday disputed claims that the U.S. was deliberately weakening the dollar while accusing China of manipulating its yuan.

G-20 Refuses to Back US Push on China's Currency

SEOUL, South Korea (AP) — Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs.

Red Ink for Post Office: $8.5B Lost Last Year

WASHINGTON (AP) — The Postal Service said Friday it lost $8.5 billion last year despite deep cuts of more than 100,000 jobs and other reductions in recent years.

STATEWIDE

Bredesen Blasts GOP Lawmaker for 'Rats' Comment

NASHVILLE, Tenn. (AP) — Gov. Phil Bredesen on Friday said it was a "very poor choice of words" for a Republican state lawmaker to liken pregnant illegal immigrants to rats multiplying.

Palin E-mail Hacker Sentenced to Year in Custody

KNOXVILLE, Tenn. (AP) — A former University of Tennessee student who hacked into Sarah Palin's e-mail account during the 2008 presidential campaign was sentenced Friday to a year and a day in custody, with the judge recommending a halfway house instead of prison.

NATIONAL POLITICS

High Court Allows Gay Military for Now

WASHINGTON (AP) — The Supreme Court on Friday allowed the "don't ask, don't tell" policy on gays in the military to remain in place while a federal appeals court considers the issue.

Steele Draws Challenger for GOP Chairman

WASHINGTON (AP) — A prominent Michigan Republican is running against party chairman Michael Steele.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 288 2,335
MORTGAGES 85 341 2,894
FORECLOSURE NOTICES 11 68 477
BUILDING PERMITS 167 765 5,003
BANKRUPTCIES 38 258 1,779
BUSINESS LICENSES 22 150 896
UTILITY CONNECTIONS 33 119 1,012
MARRIAGE LICENSES 19 80 343

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