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VOL. 128 | NO. 204 | Friday, October 18, 2013

Shelby County Bankruptcies Rise 3.4 Percent in Third Quarter

Bankruptcies in Shelby County were up by about 100, or 3.4 percent, in the third quarter of 2013 from the third quarter of 2012, with a continuing consistency among the top three ZIP codes.

Ink Spot

Tattoo enthusiasts gather in Memphis for national convention

Kyle Payne remembers a recent tattoo convention in Memphis. It wasn’t just tattoos. It was a convention that included a healthy dose of biker culture.

Panattoni’s Speculative Warehouse Underway

In industrial development news, construction on Panattoni Development Co.’s speculative industrial building in Marshall County, Miss., is progressing.

Cox Leaves Airport Daily Duties Jan. 2

Memphis-Shelby County Airport Authority President and Chief Executive Officer Larry Cox will leave his day-to-day job running the airport effective Jan. 2. But will remain as a consultant to the airport authority through July when his retirement takes effect.

Airfare Competition Has Airport Authority Optimistic

Memphis-Shelby County Airport Authority officials remain optimistic about the future of Memphis International Airport, thanks to increased airline competition that is driving down airfares for travelers and businesses.

Local Weather
Today
Memphis, TN
66°F
Mostly Cloudy
Wind: 6 mph
Humidity: 59%

EVENTS

The Memphis Lawyers’ chapter of the Federalist Society will meet Friday, Oct. 18, from 11:30 a.m. to 1 p.m. at the Madison Hotel, 79 Madison Ave. U.S. District Judge John T. Fowlkes Jr. will moderate a debate about the constitutional amendment to change Tennessee’s judicial selection method. Cost is $25 for members and $30 for nonmembers. RSVP to gregory.grisham@jacksonlewis.com or 462-2616.

more events »

Nineteenth Century Club Case Shifts to Fundraising

Opponents of the still-pending demolition of the Midtown mansion known as the Nineteenth Century Club are in the fundraising mode.

Early Voting Opens in Four Suburbs

Early voting opens Friday, Oct. 18, in four of the six sets of suburban school board elections at the Downtown offices of the Shelby County Election Commission, 157 Poplar Ave.

MBI Anticipates Little Change Under New Owner

With a new owner in place, Memphis Business Interiors (MBI) anticipates little change to its operations – but it does expect to grow.

Dishcrawl Brings Supper Club to Memphis

Memphis is getting an underground “supper club” next month, the latest on an extensive list of events held under the banner of Dishcrawl Memphis.

SPORTS

Beauty in the Difficulty for Tigers This Season

Conference USA’s Powers That Be, which is funny just to type, were not happy when the University of Memphis left for what eventually was named the American Athletic Conference.

College Football Notebook: October 18, 2013

History. That’s what the latest Associated Press Top 25 college football poll represents after eight SEC teams made the rankings. According to the AP’s Ralph D. Russo, no conference has ever placed that many teams in the regular-season poll.

Miller: Toughness Key to Continued Success

In a way, it’s almost as though Mike Miller went abroad on a special internship. I mean, really, that’s how big the gap is from playing for the Grizzlies in small-market Memphis to going to South Beach to play a defined role on a Heat team that would win two NBA championships behind LeBron James, Dwyane Wade and Chris Bosh.

MEMPHIS STANDOUT

Diverse Corporate Experience Leads Crosby to Form PeopleCap

Meg Crosby’s career might be summed up as an exercise in adaptation.

LOCAL COLUMNISTS

We Have to Talk

THE CYNICAL TRUTH IS, WE JUST CAN’T TALK ABOUT IT. Cynicism about politicians isn’t new.

Buying Yellen

President Obama recently made it official that Janet Yellen will succeed Ben Bernanke as the head of the Federal Reserve. Janet has spent much of her career as a dedicated and vocal advocate for the unemployed. With participation rates low, and the unemployment rate high, the markets anticipate that Janet will continue, if not augment, Ben Bernanke’s expansionary monetary policies. A renewed enthusiasm for monetary stimulus has had observable market impact.

STATEWIDE

Four File Complaints About Union at Volkswagen Plant

CHATTANOOGA, Tenn. (AP) – Four workers at Volkswagen's plant in Chattanooga have filed complaints with the National Labor Relations Board saying the company is coercing employees into approving the United Auto Workers as their bargaining agent.

Tennessee Airport Gets Grants Toward Hangar Complex

MURFREESBORO, Tenn. (AP) – An airport in central Tennessee has received $5.1 million in grants and contributions toward the construction of a $9.7 million hangar complex.

Cancer Lab to Expand Operations in Franklin

FRANKLIN, Tenn. (AP) – A cancer-testing laboratory is set to be built in Franklin – a $2.7 million investment by Nashville-based health care company DiaTech Oncology.

NATIONAL GOVERNMENT

Shutdown Over, Obama Surveys Damage and Blames GOP

WASHINGTON (AP) – The government unlocked its doors Thursday after 16 days, with President Barack Obama saluting the resolution of Congress' bitter standoff but lambasting Republicans for the partial shutdown that he said had damaged the U.S. economy and America's credibility around the world.

World Welcomes US Budget Deal but Fears Remain

LONDON (AP) – The world's disbelief at the political impasse in the U.S. turned to cautious relief Thursday as the country stepped back from the brink of default. But fears remain about another possible shutdown – and, even worse, a possible default – early next year.

HEALTH CARE

States Enact Laws to Stock Epinephrine at Schools

NASHVILLE (AP) – When a third-grade student who had been stung by a wasp developed welts on his neck and had trouble breathing, school nurse Amanda Williams had the necessary dose of epinephrine to counter the allergic reaction.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 22 77 1,556
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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