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VOL. 128 | NO. 156 | Monday, August 12, 2013

100 N. Main Sells for $5 Million

The towering skyscraper at 100 N. Main St., the tallest building in Memphis, has been sold.

Traffic Stop

Designers plot greenline extension past Germantown Parkway

Planners of the eastern extension of the Shelby Farms Greenline – from Farm Road to the Cordova train station – are getting in some roadwork these days.

Shelby County Home Sales Rise 19 Percent in July

Like the temperatures outside, Shelby County home sales continued to gain steam in July, with key indicators posting double-digit percentage increases over last year.

Human Resources Industry Facing Evolving Challenges

The Obama Administration’s Equal Employment Opportunity Commission has taken an aggressive approach to improving diversity in the workforce, said Paul Patten, a partner with Jackson Lewis LLP in Chicago.

FDA Rejects Wright’s Augment Bone Graft

Wright Medical Group Inc. said Thursday, Aug. 8, that the U.S. Food and Drug Administration rejected its Augment Bone Graft product for use as an alternative in foot and ankle fusion procedures.

Local Weather
Today
Memphis, TN
87°F
Partly Cloudy
Wind: 7 mph
Humidity: 55%

EVENTS

Graceland will present “Salute to Memphis Music,” an Elvis Week concert featuring Memphis Jones and Brad Birkedahl, Monday, Aug. 12, at 7 p.m. on the Elvis Week main stage at Graceland, 3717 Elvis Presley Blvd. Tickets are $20. Visit elvis.com/elvisweek for more information.

more events »

Project Green Fork Celebrates Five Years

Project Green Fork in recent days certified the 55th restaurant on a roster of eateries the organization has helped become more environmentally friendly.

Commission Calls Special Meeting on School Board Vacancy

Shelby County Commission chairman Mike Ritz has called a special meeting of the body for Wednesday, Aug. 14, to set a timetable for filling a vacancy on the countywide school board.

Cohen Moves On From Week of Controversy

With a two-year term of office, members of Congress are never far from re-election mode.

Petties Case Reveals Dark Details

One of the last loose ends in the largest drug case ever brought in Memphis federal court was rounded up last week, with a 15-year prison sentence for a childhood friend of drug kingpin Craig Petties.

SMALL BUSINESS SPOTLIGHT

Cousins Join Forces as Rosenblum & Reisman Law Firm

As the law firm of Rosenblum & Reisman celebrates its 15th year in business, it is with the knowledge and a sense of accomplishment that clients have been treated with the utmost respect, and that fellow lawyers and staff are treated as family. Indeed, the principals, Jeff Rosenblum and Marc Reisman, are first cousins.

LOCAL COLUMNISTS

The Lessons Found in the Traffic Light

Most traffic lights use a three-color system – red, yellow and green – in an attempt to control the flow of traffic through an intersection. Red, in this case, is the traffic light color that instructs moving vehicles to stop. This seems to be a simple system, and it is simple on the surface.

Memphis Seems Headed for ‘Most Improved’ List

It is the best of times for Memphis. It is the worst of times. Yes, we have challenges. Yes, we are working on solutions. I love Memphis, but I always hold my breath when those negative lists come out proclaiming the 10 worst cities at everything from health to crime to economics to education.

STATEWIDE

State Museum Show About Alexander Put on Hold

NASHVILLE (AP) – The Tennessee State Museum has put on hold plans for a statewide traveling exhibit about U.S. Sen. Lamar Alexander's time as governor after concerns were raised about the state promoting the Republican during his re-election campaign.

STATE GOVERNMENT

Tennessee Ends Budget Year With $42 Million Surplus

NASHVILLE (AP) – The state has finshed the budget year with a $42 million general fund surplus.

NATIONAL GOVERNMENT

Postal Service Had $740 Million Third-Quarter Loss

WASHINGTON (AP) – The Postal Service has trimmed its losses to $740 million over the last three months by consolidating processing facilities, cutting hours for workers and post offices and reducing workers' compensation costs, the agency said Friday.

Obama Signs Student Loan Deal, Says Job Isn't Done

WASHINGTON (AP) – President Barack Obama signed into law Friday a measure restoring lower interest rates for student loans, pledging the hard-fought compromise would be just the first step in a broader, concerted fight to rein in the costs of a college education.

TECHNOLOGY

Trade Commission Bans Imports of Some Samsung Products

NEW YORK (AP) – Apple won a partial victory in its long-running patent dispute with Samsung on Friday when a federal administrative panel found Samsung in violation of two Apple patents and blocked imports of some Samsung devices.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

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