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VOL. 129 | NO. 76 | Friday, April 18, 2014

First Horizon Grows Net Income in First Quarter

The first earnings announcement of the 150th anniversary year for First Tennessee Bank’s parent company was one of those seemingly uncommon things in banking these days – a surprise to the upside.

Year on The Bridge

Memphis street paper celebrates anniversary

In a tiny chapel at St. Mary’s Episcopal Cathedral, a group of three people listened intently last week as traffic whizzed by an open door onto Poplar Avenue on the other side of a wrought iron fence.

Commercial Real Estate Sales Up 6.1 Percent In March

Shelby County recorded 208 commercial real estate sales in the first quarter, according to real estate information company Chandler Reports, www.chandlerreports.com.

First-Quarter Bankruptcies Remain Flat

Bankruptcies in Shelby County were almost the same in number for the first three months of 2014 as they were for the first quarter of 2013.

Election Commission May Move Initial Early Voting Site

Shelby County Election Commissioners certified the ballot Wednesday, April 16, for the Aug. 7 state and federal primary elections and the nonpartisan judicial and Shelby County Schools board elections on what politicos call the “big ballot.”

Local Weather
Today
Memphis, TN
78°F
Partly Cloudy
Wind: 5 mph
Humidity: 58%

EVENTS

The Africa in April Cultural Awareness Festival will be held Friday, April 18, through Sunday, April 20, in Robert R. Church Park, at the corner of Fourth and Beale streets. The festival includes festivities, food, crafts and music showcasing Burkina Faso. Visit africainapril.org for a schedule.

more events »

Empire Express Grows to Trucking Powerhouse

After graduating from the University of Mississippi in 1962, Ed Gatlin started a successful automotive chemicals business.

SPORTS

Redbirds’ Grichuk Aiming to Make a Name

It’s going to come up, so let’s get it out of the way now: Randal Grichuk was selected one pick ahead of Mike Trout in the opening round of the June 2009 First-Year-Player Draft.

Grizzlies Share Similar Season with Champs

When the Miami Heat came to town in early April, they were not the two-time defending NBA champions as much as they were the next obstacle between the Grizzlies and their desired destination: The Western Conference playoffs.

LOCAL COLUMNISTS

Hands Up, You’re in Tennessee

ARMED AND DANGEROUS. I got an email last week from a White Station classmate.

Unconventional Career Advice

Conventional wisdom seems to indicate that the steps to finding a new job are writing a resume, and then applying to job postings online. Soon after, every company will contact you for an interview and after one meeting, you’ll get a great offer and start just a few weeks later. Months after trying this method, jobseekers feel frustrated and confused.

Understanding Job Change and Your 401(k)

Ray’s take: A recent CareerBuilder survey shows that one in five workers said they plan to change jobs this year or next.

STATE GOVERNMENT

108th General Assembly Adjourns for the Year

NASHVILLE (AP) – State lawmakers concluded a session Thursday in which they approved measures to allow folks to buy wine in grocery stores, fight methamphetamine production and give high school graduates free tuition at community colleges.

Winners and Losers in Tennessee Legislative Session

Here is a list of some of the winners and losers of the legislative session that concluded on Thursday.

Bill Makes Changes to State Textbook Commission

NASHVILLE (AP) – Legislation that makes changes to the process for selecting books for public schools is headed to Republican Gov. Bill Haslam's desk.

Senate Backs Off on Meth Bill, Adopts Weaker Limit

NASHVILLE (AP) – The Senate has backed down in its standoff with the House over Gov. Bill Haslam's bill to limit the sale of cold and allergy medicines used to make illegal methamphetamine.

NATIONAL BUSINESS

Wal-Mart Jumps Into the Money Transfer Biz, Loudly

NEW YORK (AP) – Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business.

Target Expands Subscription Service Tenfold

NEW YORK (AP) – Target is vastly expanding the goods available to order by subscription as it fends off its biggest non-traditional retail rival, Amazon.com.

NATIONAL GOVERNMENT

Budget Office: Wage Boost Would Cost Firms $15 Billion

WASHINGTON (AP) – A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget Office estimated Thursday.

TECHNOLOGY

Cyber Cops: Target Hackers May Take Years to Find

WASHINGTON (AP) – Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target's computer systems last December.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 415 10,637
MORTGAGES 87 499 13,826
FORECLOSURE NOTICES 19 99 2,743
BUILDING PERMITS 0 915 25,222
BANKRUPTCIES 79 343 10,235
BUSINESS LICENSES 19 97 3,833
UTILITY CONNECTIONS 143 573 15,130
MARRIAGE LICENSES 23 106 3,273

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