VOL. 127 | NO. 185 | Friday, September 21, 2012
The annual FedEx Corp. meeting with investors next month will be watched closely for what happens to FedEx Express, the oldest division of the Memphis-based company.

Yellow Cab donates to CrimeStoppers in memory of slain cabbie
Kevin Grills’ co-workers and fellow Yellow Cab taxi drivers were shaken last month when they learned Grills, 50, was shot in the back several times and killed while in his cab near Downtown Memphis.
A proposal by the county administration to start a single system of garbage collection for all of unincorporated Shelby County for a $25 monthly fee is off the table, Shelby County Mayor Mark Luttrell told a townhall meeting Thursday, Sept. 20, at Bolton High School.
A well-known snack food company has boosted its distribution presence in the Memphis area.
A new federal indictment in a growing teacher testing scandal alleges teachers and those who wanted to be teachers were paying thousands of dollars to an organization led by former Memphis City Schools assistant principal Clarence Mumford.
Shelby County Elections Administrator Richard Holden has been suspended for three days and put on probation for six months following the suspension because of the way the Aug. 2 elections were conducted.
Memphis International Airport saw a boost in revenues and cargo handled during the month of August compared to projections for the month.
All that’s left is a set of six maps. All sides in the federal court fight over municipal school districts on Thursday, Sept. 20, completed their proof before U.S. District Court Judge Samuel Hardy Mays on the issue of whether the state laws on the school districts violate the Tennessee Constitution.
MEMPHIS STANDOUT
Some say the eyes are the window to the soul, but Dr. Dennis Mathews will tell you that they can also open doors to a world of information about the entire body. It’s what keeps him fascinated with his profession.
LOCAL COLUMNISTS
A STORY IN EVERY BITE. As I listened, I remembered comedian David Brenner discussing directions in the South. He noted that directions come with a story, and they may include turn left at the three-legged dog, and that everything comes with grits.
Many consumer product, retail, and software companies are reinventing themselves and growing market share by better empathizing with the people who use their products or services. Increasingly, other businesses – from B2B companies to doctor clinics – are learning the potent power of empathy.
Part one of a two-part series “Sadly, I have to report that I and we failed.” That is not a good message to have to deliver. But it is part of life. The above quote is from a report given by Robert D. Sweeney, senior vice president for development and public affairs to the University of Virginia board of visitors at its Sept. 14 meeting. Sweeney was reporting on the progress of the University’s $3 billion capital campaign.
REGIONAL
LITTLE ROCK, Ark. (AP) – The Arkansas Supreme Court on Thursday unanimously denied a Texas businessman's bid for more time to gather signatures for a casino legalization measure he hoped to get on the November ballot, backing the state's determination that his first attempt fell short.
NATIONAL BUSINESS
WASHINGTON (AP) – Five years after the housing bust, the U.S. economy is showing signs of finally bottoming out.
WASHINGTON (AP) – A trio of reports Thursday offered a reminder that the U.S. economy is struggling to grow and add jobs.
WASHINGTON (AP) – The number of Americans seeking unemployment benefits fell only slightly last week to a seasonally adjusted 382,000. The level suggests hiring remains weak.
REAL ESTATE
WASHINGTON (AP) – The average U.S. rate on the 30-year fixed mortgage touched its record low this week and the rate on 15-year mortgage hit a new record.
TECHNOLOGY
A financial services security group is warning about possible cyber-attacks on banks, citing "recent credible intelligence."