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VOL. 126 | NO. 225 | Thursday, November 17, 2011

ServiceMaster’s Q3 Revenues Up 1.3 Pct.

Hank Mullany has a pretty basic mission statement and set of guiding principles for The ServiceMaster Co., the Memphis-based home- and commercial-services company he took the helm of earlier this year as CEO.

Improving Playhouse

Clock ticking toward grant challenge deadline worth quarter million

This holiday season, Playhouse on the Square administrators are keeping their eyes on the calendar as they rise to a challenge worth a quarter of a million dollars.

Perl Re-Elected as MSCAA Chair

The Memphis-Shelby County Airport Authority re-elected its chairman and awarded two contracts Thursday, Nov. 17, at its monthly board of commissioners meeting.

Eighty3 Brings New Dining to Madison

The Madison Hotel’s Grill 83 has received a major face-lift, aiming to lure customers in its doors on a regular basis versus merely for special occasions.

Gunman Fatally Shoots Himself at FedEx Center

BEDFORD PARK, Ill. (AP) – A gunman walked into a Chicago-area FedEx shipping facility Thursday morning yelling for his wife, then fired several shots that sent panicked employees fleeing before he fatally shot himself, police said.

Local Weather
Currently
Memphis, TN
89.0°F
A Few Clouds
Wind: West at 12.7 mph
Humidity: 63%

EVENTS

The Leadership Memphis In-Synk Book Club will meet to discuss “Wikinomics: How Mass Collaboration Changes Everything” Thursday, Nov. 17, from 11:30 a.m. to 1 p.m. at Local Gastropub, 95 S. Main St. Registration is due Wednesday, Nov. 16. To register, visit lmwiki.eventbrite.com or call 278-0016.

more events »

U of M Law Adds Flexibility Into Curriculum

The University of Memphis Cecil C. Humphreys School of Law has approved changes to the school’s curriculum that go into effect next year and reflect the changing nature of the legal profession.

Foundation Gets Dogs Off Streets, Into Homes

On a rainy Memphis afternoon, a small pit bull-mix named Snow White wagged her tail cheerfully as a volunteer led her on a leash through the lobby of a vet’s office, following a procedure that left her with a bandaged foot and a cone around her neck.

Leadership Memphis Extends FastTrack Deadline

Leadership Memphis has extended its FastTrack application deadline to Dec. 1.

FedEx: Shots Fired at Chicago-Area Facility

BEDFORD PARK, Ill. (AP) – A FedEx spokesman says shots have been fired at one of the company's Chicago-area shipping facilities.

MEMPHIS LAW TALK

Johnson Discusses Effects Of Tenn. Civil Justice Act

As a personal injury attorney with Nahon Saharovich & Trotz PLC, Adam Johnson litigates cases in liability disputes, which entails negotiating with defense counsel, participating in mediation or ultimately going to trial.

LOCAL COLUMNISTS

Adopting Market-Driven Strategies

Thanksgiving approaching only means that Christmas is right around the corner. As consumers prepare to get bombarded with holiday advertising and companies begin wondering how to push their products, businesses may be missing an enormous opportunity if they adhere to the outdated product-driven marketing strategy rather than adopting a market-driven strategy.

Poetry Collection Worth a Look

Unlike a day, a year, a month or a season,/ A week hasn’t a name; what is the reason? No quotation marks. The couplet is mine. Almost deep, but not quite. Consider the work that inspired the above (warning: it’s deeper):

STATEWIDE

Sen. Lamar Alexander Names New Chief of Staff

NASHVILLE (AP) – U.S. Sen. Lamar Alexander has named a new chief of staff.

NATIONAL BUSINESS

Citigroup May Cut 3,000 or More Jobs to Cut Costs

NEW YORK (AP)Citigroup Inc. is the latest bank seeking to trim costs with a smaller work force.

Stronger Factories, Lower Prices Lift Economy

WASHINGTON (AP) – U.S. manufacturing is recovering from a slump, and inflation may be peaking.

Workers Push Back Against Earlier Holiday Openings

MINNEAPOLIS (AP) – Count your blessings, then get to work.

Schwab Completes Acquisition of Compliance 11

SAN FRANCISCO (AP) – Discount broker Charles Schwab Corp. said on Wednesday that it has completed its acquisition of Compliance11 Inc., a provider of software that companies use to ensure their trading and other operations comply with financial regulations.

NATIONAL POLITICS

Gov't Puts Cost of Fuel Economy Boost at $157B

WASHINGTON (AP) – The Obama administration's proposal to nearly double fuel economy standards for cars and pickup trucks is likely to cost automakers $157 billion, but it will save drivers billions more at the pump.

Democrats, Republicans Far Apart on Deficit Deal

WASHINGTON (AP) – A Democrat on a special deficit-cutting "supercommittee" Wednesday questioned whether Republicans are still interested in negotiating after the panel's top GOP member said Republicans have "gone as far as we feel we can go" on tax hikes.

Congress Nears OK of Bill for Vets, Contractors

WASHINGTON (AP) – Congressional Democrats and Republicans rallied on a rare patch of common ground Wednesday, moving toward passage of legislation helping unemployed veterans and government contractors.

REAL ESTATE

US Homebuilders Feel Less Pessimistic in November

WASHINGTON (AP) – U.S. homebuilders are feeling a little less pessimistic about the struggling housing market. But their mood hasn't changed enough to signal a recovery anytime soon.

HEALTH CARE

Higher Copays Seen for Medicare Brand-Name Drugs

WASHINGTON (AP) – With three weeks left for seniors to change their Medicare prescription plan for 2012, a study released Wednesday finds that copays for brand-name drugs are going up – sharply in some cases.

Express Scripts, Medco Pare Lobbying in Q3

NEW YORK (AP) – Pharmacy benefits managers Medco Health Solutions Inc. and Express Scripts Inc. lobbied the government to approve their proposed $29.1 billion merger, but cut back on their total lobbying expenses in the third quarter.

Report: 1 in 5 US Adults on Behavioral Meds

NEW YORK (AP) – More than 20 percent of American adults took at least one drug for conditions like anxiety and depression in 2010, according to an analysis of prescription data, including more than one in four women.

Many Boomers Avoid Living Wills, Say They're Young

The latest installment in Aging America, a joint AP-APME project looking at the aging of the baby boomers and the impact this so-called silver tsunami will have on the communities in which they live.

SPORTS

Shaq Goodwin Signs Letter of Intent With Memphis

MEMPHIS (AP) – The No. 10 Memphis Tigers have gotten a signed national letter of intent from William "Shaq" Goodwin to join the program as part of the 2012 signing class.

NBA Players File Antitrust Lawsuits Against League

NEW YORK (AP) – NBA players kept offering economic concessions, and it was never enough to satisfy owners.

TECHNOLOGY

Cox Kills Sprint-Based Cellphone Service

NEW YORK (AP) – Cox Communications, the country's third-largest cable company, stopped offering cellphone service Wednesday, saying it's too small to compete with the big phone companies.

Barnes & Noble's Nook Tablet Starts Shipping Wed

NEW YORK (AP) Barnes & Noble Inc.'s Nook Tablet electronic device began arriving in stores and homes on Wednesday, one day ahead of schedule.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 29 82 1,716
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 33 172 4,155
MARRIAGE LICENSES 20 111 2,290

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