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VOL. 128 | NO. 216 | Tuesday, November 5, 2013

Fresh Market Eyes Union Avenue Ike's

By this time next year, Midtown residents could be shopping at a new Fresh Market grocery store.

Simple Plan

New chef at Bleu focuses on fresh, local food and eclectic menu

A new chapter has begun at a premier Downtown restaurant – Bleu Restaurant & Lounge, whose new executive chef took a circuitous professional route to his current career destination.

Wright Medical Posts Wider Third-Quarter Loss on Write-Down

ARLINGTON, Tenn. (AP) – Orthopedic implant maker Wright Medical said Monday its financial losses widened in the third quarter due to the write-down of its recent acquisition of bone graft maker BioMimetic.

Council to Talk Over Convention Center Study

Memphis City Council members talk Tuesday, Nov. 5, about setting up a study committee with county leaders on expanding the Memphis Cook Convention Center. And the council will vote on $7.5 million in capital funding to kick off city plans to redevelop the Raleigh Springs Mall property.

UT Health Science Center to Outline New Campus Master Plan

The University of Tennessee Health Science Center is set to revamp its campus, and the school will host a public information session on the development of a new master plan Tuesday, Nov. 5, from 5:30 p.m. to 6:30 p.m. in the Student-Alumni Center Dining Hall, 800 Madison Ave.

Local Weather
Today
Memphis, TN
59°F
Cloudy
Wind: 16 mph
Humidity: 77%

EVENTS

Memphis Rotary Club will meet Tuesday, Nov. 5, at noon at the University Club of Memphis, 1346 Central Ave. Peter Letsou, dean of the University of Memphis Cecil C. Humphreys School of Law, will speak. Cost for nonmembers is $18. RSVP to Taylor Hughes at taylor@memphisrotary.org.

more events »

Kelsey Addresses That Book He Gave Sebelius

The only warning State Sen. Brian Kelsey, R-Germantown, gave of what he intended to do at U.S. Health and Human Services Secretary Kathleen Sebelius’ visit to the Benjamin L. Hooks Central Library Friday, Nov. 1, was that he would appear “in protest of the visit.”

Suburban Mayors, Schools Leader Discuss Negotiations

Germantown Mayor Sharon Goldsworthy is still “hopeful” that Germantown Elementary, Middle and High schools can remain part of the coming Germantown municipal school district under some kind of negotiated agreement between the Germantown school board and the Shelby County Schools board.

Women’s Foundation Awards Grants to 29 Organizations

The Women’s Foundation for a Greater Memphis is awarding $625,000 in grant money to 29 of the city’s organizations that are making a strong impact in the lives of area women.

Oldham Opens Sheriff Re-Election Bid

Shelby County Sheriff Bill Oldham opened his re-election campaign Saturday, Nov. 2, with something he didn’t have four years ago: a record.

Groups Highlight Adoption Awareness in November

November is Adoption Awareness Month, and local groups like Mid-South Alliance and Agape Child & Family Services are working to provide safe and loving homes for more than 1,100 children in foster care in Shelby County.

Pondexter Settling in for Hard Work

If you follow Grizzlies swingman Quincy Pondexter on Twitter, @QuincyPondexter, you might know of his dog, Buckets, and maybe even follow Buckets on Twitter, too at @bucketsQP20. And in light of the four-year contract extension Pondexter just received from the Grizzlies – reportedly in excess of $14 million – you might be thinking that life is changing for both of them.

GOVERNMENT AGENDA

Nov. 5 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Nov. 5, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Developer Buys Land for Somerset Subdivision

26.3 Acres near Neshoba, And Germantown Roads, Sale Amount: $1.5 million -
An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

LOCAL COLUMNISTS

African-American Execs Needed

The expertise and connections of African-American corporate executives can help chart a sustainable future for historically black colleges and universities. Historically black colleges and universities are amongst the largest African-American-controlled businesses in America. Many date to the 19th century. They have educated generations and built the black middle class. They are major employers in communities across the country. They also face challenges as they operate in an increasingly competitive educational marketplace.

NATIONAL BUSINESS

Kellogg to Cut Jobs as Cereal Sales Slide

NEW YORK (AP) – Kellogg is planning to cut its global workforce by 7 percent as the maker of Frosted Flakes, Rice Krispies and Special K struggles to convince Americans to eat more cereal.

Twitter Boosts IPO Target to $23-$25 Per Share

NEW YORK (AP) – Twitter's initial public offering of stock is getting an enthusiastic response from prospective investors.

NATIONAL GOVERNMENT

Holder: Airlines Must Make Concessions to Merge

Attorney General Eric Holder says American Airlines and US Airways must make broad concessions at airports around the country if they want to settle a lawsuit blocking their proposed merger.

Feds Urge Students to Check Loan Repayment Plans

WASHINGTON (AP) – The Education Department says it will begin reaching out by email this month to about 3.5 million federal student loan borrowers. They will be encouraged to learn more about their repayment options, especially whether they qualify for an income-based repayment plan.

Intel Agency Lawyers Urge Retention of Secret Data

WASHINGTON (AP) – The Obama administration's top national security lawyers on Monday rejected the idea that the government should stop collecting copies of every American's telephone records every day, telling an independent oversight board that it would lose valuable time if each time it launched a terror investigation it had to seek the private billing records from individual phone companies.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 41 41 17,762
MORTGAGES 70 70 23,138
FORECLOSURE NOTICES 1 1 4,519
BUILDING PERMITS 0 0 42,157
BANKRUPTCIES 50 50 16,741
BUSINESS LICENSES 14 14 5,795
UTILITY CONNECTIONS 113 113 25,287
MARRIAGE LICENSES 18 18 5,399

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