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VOL. 129 | NO. 204 | Monday, October 20, 2014
EMPHASIS Insurance

Long-Term Success

Lipscomb & Pitts celebrates 60 years in business

Insurance products by definition tend to be long-term oriented, providing value over an extended period of time. No surprise, then, that Memphis insurance agency Lipscomb & Pitts, which opened its doors with one employee in 1954, all of a sudden finds itself celebrating 60 years in business.

City Council Parses Wharton's Pension Revision

A weekend revision by Memphis Mayor A C Wharton Jr. to his proposed changes in the city’s pension plan goes to Memphis City Council members Tuesday, Oct. 21, in council committees.

Regions Insurance Expands in Memphis

The recent expansion of the employee benefits practice of Regions Insurance in Memphis involved the addition of Stuart Zalowitz and Jonathan Frisch, owners of Zalowitz Frisch Benefits Group, along with a team of associates.

City Hall Opens Enrollment on Changing Health Plan

City of Memphis employees just emerged from the open enrollment period for the still-evolving changes in health insurance benefits for 2015. And city retirees are about to enter their open enrollment period for the same benefits plans that take effect in January.

Local Weather
Memphis, TN
Wind: South at 4.6 mph
Humidity: 68%


West Tennessee Home Builders Association presents the 2014 VESTA Home Show daily except Mondays through Oct. 26 at Shaw’s Creek Reserve, on Raleigh Lagrange Road east of Tenn. 196 in Piperton. Hours are 10 a.m. to 7 p.m. Tuesdays through Saturdays and 1 p.m. to 7 p.m. Sundays. Tickets are $12 for adults, $10 for seniors and $5 for youths 7 to 14. Visit vestashow.com.

more events »

Wharton Proposes Hybrid City Pension Plan

Memphis Mayor A C Wharton Jr. wants to change his original proposal from earlier this year to overhaul the city’s pension plan.

First Horizon Reports Positive Third Quarter

The parent company of First Tennessee Bank moved back to profitable territory for the third quarter from a loss during the same period in 2013, reporting net income of $45 million, or 19 cents a share, for the period ending Sept. 30.

Piloting Leadership

Lt. Cmdr. John Hiltz of the U.S. Navy Flight Demonstration Squadron – a.k.a. the Blue Angels – stopped by Christian Brothers High School Friday, Oct. 17, to discuss leadership, teamwork, math and engineering.

Experts to Provide Commercial Real Estate Outlook at Seminar

Yes, Overton Square is booming, but that may not have been the case without Memphis-based Loeb Properties Inc.

Business Licenses Up 13.2 Percent Year to Date

Year to date, business licenses are ahead of 2013’s pace but there were fewer licenses issued through the Shelby County Clerk’s Office in the third quarter of 2014 than from the same period in 2013.

Carr Appointed to Chancery Court Vacancy

Attorney Oscar C. Carr III is the newest Shelby County Chancery Court judge. Tennessee Gov. Bill Haslam announced Thursday, Oct. 16, his appointment of Carr to the vacancy on the court created when Chancellor Kenny Armstrong was appointed to the Tennessee Court of Appeals earlier this year.


Midtown Music Shop Works to Spread ‘Aural Art Form’

A little over a year ago Jeremy Barzizza went from being in the music business to being the owner of a music business.


Midnight Lunch: Innovation Insights

Sarah Miller Caldicott, the grandniece of Edison and CEO of Power Patterns of Innovation, presents “Midnight Lunch: Building an Innovator’s Toolkit for Success.”

Ghost Dancing for the Past

Ghost Dancing originated in the late 1880’s. It was a ceremonial religious dance practiced by several tribes of Native Americans who believed that the Ghost Dance would bring back their way of life, resurrect their customs and their culture.


NHL Bringing 2016 All-Star Game to Nashville

NASHVILLE, Tenn. (AP) – Timing had been the only question about Nashville hosting the NHL All-Star game, and the league finally has the answer.


Microsoft CEO Launches Diversity Training Effort

SAN FRANCISCO (AP) – Still working to repair damage caused by his gaffe about women seeking pay raises, Microsoft CEO Satya Nadella has again apologized to employees and announced in a company-wide memo that all workers will receive expanded training on how to foster an inclusive culture.


Obama Announces Plan to Tighten Card Security

WASHINGTON (AP) – Saying more must be done to stop data breaches affecting consumers, President Barack Obama announced on Friday a government plan to tighten security for the debit cards that transmit federal benefits like Social Security to millions of Americans.

Yellen: Greatly Concerned By Widening Inequality

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America's longstanding identity as a land of opportunity was at stake.


Chimerix Gets FDA OK to Test Drug for Ebola

WASHINGTON (AP) – A North Carolina drugmaker plans to test its experimental antiviral drug in patients who have Ebola, after getting authorization from regulators at the Food and Drug Administration.

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PROPERTY SALES 95 253 13,695
MORTGAGES 96 261 15,827
BUILDING PERMITS 250 500 28,258
BANKRUPTCIES 57 178 8,828

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