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VOL. 128 | NO. 136 | Monday, July 15, 2013
EMPHASIS Green

Green Shoots

Shelby Farms Greenline boon for local businesses, apartment complexes

The busiest time of the year along the Shelby Farms Greenline is also the busiest time of the year for Cheffie’s, an example of a business that is a direct beneficiary of being near the Tillman Street end of the greenline that extends east to Shelby Farms Park.

TVA’s Solar Balance Limits Have Riled Some Providers

The Tennessee Valley Authority has approved more than 250 renewable energy projects for the year 2013 across the multi-state region it covers.

Lynch Steering Sierra Club’s Transportation Efforts

These days Dennis Lynch spends more of his time as a volunteer for the Sierra Club than he does with his consulting business, Lynch Business Advisors.

Spring Creek Ranch Eyes Resort Status

The Spring Creek Ranch golf course is ready to tee off in a major way. The private golf club north of Collierville is aiming to become more of a destination “resort” and is seeking to build a new special events center with a culinary arts school and microbrewery, along with cabins and a day spa, to attract a much wider audience.

Local Weather
Today
Memphis, TN
68°F
Fair
Wind: 8 mph
Humidity: 52%

EVENTS

Baker, Donelson, Bearman, Caldwell & Berkowitz PC will present an emerging companies boot camp Tuesday, July 16, from 9 a.m. to 2:30 p.m. at the firm’s office, 165 Madison Ave., suite 2000. Entrepreneurs, investors, and legal and accounting professionals will share insights on issues facing emerging companies. Registration and breakfast start at 8:30 a.m. Cost is free. Visit bakerdonelson.com.

more events »

‘Good News’ for Housing in Second Quarter

Shelby County’s housing rebound continued in the second quarter, with key indicators showing improvement over the same period last year.

Boot Camp Gives Guidance for Emerging Companies

Memphis-based startups are reaping the benefits of a statewide effort to increase the flow of capital to innovative companies in the early stages of development, says Matt Heiter, an attorney and shareholder with Baker, Donelson, Bearman, Caldwell & Berkowitz PC in Memphis.

Start Co. Adds Women’s, Logistics Accelerators

Two new startup accelerators are joining the Memphis entrepreneurial scene, both targeting different kinds of company founders.

SMALL BUSINESS SPOTLIGHT

Kronos Aims to Bring Green Energy to All

Kronos Energy Solutions is hard at work on a new hybrid charging system for electric cars, which it hopes to debut in the next six to nine months, and the company is also making plans for possible expansion of its headquarters in Cordova by early next year.

LOCAL COLUMNISTS

Does This Make Sense?

It appears that as humans we have a “makes sense” switch in our brains. Here is the way it works. First we decide what we think about an issue and take a position on it. Then we run our decision through some sort of mental process to gather information in support of our position. Often, when we first stumble across any evidence that causes us to think, “That makes sense,” we abandon any further exploration, store our position in memory for possible future use and move on to the next thing.

REGIONAL

Mississippi Sales Tax Holiday Weekend Upcoming

JACKSON, Miss. (AP) – Mississippi's annual sales tax holiday begins at 12:01 a.m. July 26 and ends at midnight on July 27.

NATIONAL BUSINESS

US Airways Shareholders Approve American Merger

NEW YORK (AP) – US Airways shareholders overwhelmingly approved a proposed merger with American Airlines, bringing the companies closer to creating the world's biggest airline.

JPMorgan's Profit Surges on Investment Banking

NEW YORK (AP) – A surge in investment banking pushed up JPMorgan's second-quarter profit even as results at its consumer business sagged.

Lower Costs Help Lift Wells Fargo's Second-Quarter Profit

Lower expenses and fewer bad loans helped lift Wells Fargo's second-quarter profit by 20 percent, the company reported Friday.

NATIONAL GOVERNMENT

AP Source: Government Tightening Up Reporter Guidelines

WASHINGTON (AP) – A Justice Department official says the law enforcement agency is toughening up its guidelines for subpoenaing reporters' phone records by increasing the likelihood that news organizations will receive advance notice so that they can challenge the government's planned action.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 13,385
MORTGAGES 73 73 17,422
FORECLOSURE NOTICES 32 32 3,423
BUILDING PERMITS 623 623 31,553
BANKRUPTCIES 66 66 12,761
BUSINESS LICENSES 11 11 4,608
UTILITY CONNECTIONS 153 153 19,610
MARRIAGE LICENSES 44 44 4,104

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