» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 128 | NO. 92 | Friday, May 10, 2013

Memphis Not Alone in Losing Flights

Memphis residents won’t be surprised by the findings of a new study that shows a drastic reduction in air service at small and medium-sized U.S. airports in the last six years.

Dream Home

St. Jude raffles $475,000 Eads house for fundraiser

Mid-South residents have a chance to view a rising neighborhood in Eads – and possibly win a home – while helping children fight cancer.

Thomas & Betts - ABB Donate $1 Million

Thomas & Betts Corporation executives marked one year since the acquisition of the Memphis-based power and electric utility devices company by ABB Group of Zurich Thursday, May 9, with three contributions from both totaling $1 million to St. Children’s Research Hospital, Le Bonheur Children’s Hospital and the Memphis Development Foundation.

Mortgages Near $107 Million in April

From where he sits, Renaissance Realty’s Jeff Jenkins is optimistic that 2013 will be a fruitful one for the local real estate industry.

Danish Manufacturer Roxul Brings Facility to Byhalia

Just a few feet beyond the Tennessee-Mississippi state line past the Fayette County line on U.S. 72 is the turn onto Cayce Road in Byhalia and what is soon to be the first U.S. plant of the Danish company Roxul Inc.

Local Weather
Today
Memphis, TN
79°F
Mostly Cloudy
Wind: 8 mph
Humidity: 83%

EVENTS

Memphis Brooks Museum of Art will host Vin-A-Que, part of the 2013 Memphis Wine + Food Series, Friday, May 10, at 7 p.m. at the museum, 1934 Poplar Ave. The event will include snout-to-tail barbecue, other dishes prepared by local chefs, specialty cocktails and wines, and live music. Tickets are $100 at the door. Visit memphiswineandfoodseries.org.

more events »

Industrial, East Memphis Office Sectors Bolster CRE

The local commercial real estate market is a tale of two sectors, with the industrial sector showing signs of improvement while the overall office sector – outside the prized East Memphis submarket – continues to struggle through the first three months of the year, according to recent reports.

Police Changes Continue Amid Budget Talks

With the start of the new year, Memphis Police Director Toney Armstrong began a reorganization of the department that changed the boundaries of the city’s nine police precincts, evening out the amount of territory and calls each area handles.

Memphis Standout

Family’s Values Led Bradshaw to Life’s Mission

Fittingly, Kenya Bradshaw can trace her life’s mission back to her childhood and a family that valued public service.

Sports

Grizzlies Must Maintain ‘Thirsty Dog’ Mentality

As the Grizzlies’ series with the Oklahoma City Thunder shifted to Memphis for Game 3 on Saturday, May 11, the Grizzlies found themselves in much better position than during the Clippers’ series.

Memphis Means Grizzlies – Got It?

It’s funny the things you take for granted when you’re in the middle of them. Like, well, everything connected to this thrilling Grizzlies playoff run, including the characters and the language that have become part of the city’s core.

Local Columnists

Grizz Buzz

A ROUND OF APPLAUSE. “You need to do next week’s column on the Grizz,” the email from a regular reader opened.

Nurturing Social Capital

“Trusting relationships and reflection/rejuvenation are required for building strong networks and collaborations.”

NATIONAL BUSINESS

US Wholesale Stockpiles Up 0.4 Percent in March

WASHINGTON (AP) – Wholesale businesses stepped up their restocking of supplies in March, but their sales fell sharply.

NATIONAL GOVERNMENT

GOP Boycotts Health Care Advisory Board

WASHINGTON (AP) – House and Senate Republican leaders told President Barack Obama Thursday that they will refuse to nominate candidates to serve on an advisory board that is to play a role in holding down Medicare costs under the new health care act.

Republicans to Back Obama's Student Loan Plan

WASHINGTON (AP) – House Republicans are willing to give President Barack Obama a rare win, the chairman of the Education and Workforce Committee said Thursday in outlining a deal that would let college students avoid a costly hike on their student loans.

REAL ESTATE

Record Profit Signals Healthier Fannie Mae

WASHINGTON (AP) – Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter.

HEALTH CARE

US Medicine Spending Shows Rare Dip in 2012

TRENTON, N.J. (AP) – Spending on prescription medicines in the U.S. fell for the first time in decades last year, slipping as cash-strapped consumers continued to cut back on use of health care services.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 43 43 12,074
MORTGAGES 78 78 15,834
FORECLOSURE NOTICES 0 0 3,130
BUILDING PERMITS 0 0 28,832
BANKRUPTCIES 92 92 11,763
BUSINESS LICENSES 18 18 4,292
UTILITY CONNECTIONS 190 190 17,922
MARRIAGE LICENSES 43 43 3,711

Weekly Edition

Issues | About

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