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VOL. 129 | NO. 149 | Friday, August 1, 2014

Home Market Still Facing Obstacles

After suffering through a brutal slump in the wake of the worst economic downturn in decades, the local real estate industry has slowly merged onto the road to recovery, though a few speed bumps that could slow progress remain.

End in Sight

Early voting comes to close as election day looms

One more weekend of early voting and then it’s the four-day sprint to election day for candidates, their campaigns and the voters who didn’t vote during the early voting period.

Graceland Industrial Development Board Proposed

A proposed Graceland Tourism Development Zone would have its own Industrial Development Board under a proposal the administration of Memphis Mayor A C Wharton Jr. will take Tuesday, Aug. 5, to the Memphis City Council for discussion.

Dohmen Life Science Adds Space in SE Memphis

Dohmen Life Science Services is expanding its footprint in Southeast Memphis.

Visible College Basement Opens New Opportunities

There was a time, in the years surrounding the bankruptcy of the Stax Records label decades ago, when the vault of the old C&I Bank Building Downtown housed masters from the label.

Local Weather
Today
Memphis, TN
34°F
Fair
Wind: 9 mph
Humidity: 67%

EVENTS

Dixon Gallery and Gardens will host Food Truck Friday on Aug. 1 from 11:30 a.m. to 1:30 p.m. at Dixon, 4339 Park Ave. Admission to the gardens is free during food truck hours. The lunch event continues every Friday through September. Visit dixon.org for a schedule.

more events »

Mays Orders End to Kellogg Lockout

U.S. District Judge Samuel “Hardy” Mays has ordered an end to the lockout of union workers at the Memphis Kellogg plant.

SPORTS

Razorbacks Have Nowhere to Go But Up in SEC West

Arkansas defensive end Trey Flowers has endured 17 losses over the last two seasons. He was part of the 3-9 team that went 0-8 in Southeastern Conference games in 2013 and finished the season on a school-record nine-game losing streak.

Real Pastime: Forgiving Our Stars

A story on baltimoreravens.com carried the following headline: “Ravens fans give Ray Rice a standing ovation.”

Cardinals Acquire Lackey in Trade

The St. Louis Cardinals continued efforts to strengthen their starting rotation on Thursday by trading for veteran right-hander John Lackey.

‘Sudden Change’ Means Little Job Security at University of Tennessee

KNOXVILLE — Don’t look for University of Tennessee football coach Butch Jones to play favorites when fall training camp begins Friday, Aug. 1.

LOCAL COLUMNISTS

Ask a Lawyer

JUDGED BY LAWYERS. Q: What do you when you have a lawyer buried up to the neck in sand?

To Stay or to Go

Job seeking can be a long, difficult process. If you’re currently looking for a job, there’s a good chance it’s because something at your current job isn’t right. Whether it’s your boss, the pay, or the job itself, you just aren’t happy. And, you probably haven’t been happy for a while. Most people have to reach a certain breaking point before they are willing to volunteer to experience the discomfort of job searching.

REGIONAL

Little Rock Police to Encrypt Radio Transmissions

LITTLE ROCK, Ark. (AP) — The Little Rock Police Department will block public access to most of its radio transmissions.

NATIONAL BUSINESS

US Stocks Plunge, Wiping Out July's Gains

NEW YORK (AP) — U.S. stocks had their worst one-day drop since February as traders worried about weak corporate earnings and the looming end of economic stimulus from the Federal Reserve.

As US Job Market Strengthens, Many Don't Feel It

WASHINGTON (AP) — For millions of workers, happy days aren't quite here again.

NATIONAL GOVERNMENT

Obama Order Presses Contractors to Obey Labor Laws

WASHINGTON (AP) — President Barack Obama moved Thursday to require federal contractors to give their workers more rights in labor disputes, putting his pen to an executive order the day after the House voted to sue him for allegedly exceeding his presidential powers. In an election-year dare to Republicans, Obama said congressional obstinacy would only embolden him to take even more aggressive actions on his own.

Congress Races to Finish VA, Highway Bills

WASHINGTON (AP) — Congress ran full-tilt into election-year gridlock over immigration Thursday and headed toward a five-week summer break with no agreement in sight on legislation to cope with the influx of young immigrants flocking illegally to the United States.

REAL ESTATE

Average US 30-Year Mortgage Rate at 4.12 Percent

WASHINGTON (AP) — Average U.S. mortgage rates declined slightly this week, hovering near their lows for the year.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 269 16,682
MORTGAGES 0 313 21,745
FORECLOSURE NOTICES 0 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 0 287 15,829
BUSINESS LICENSES 0 67 5,558
UTILITY CONNECTIONS 0 413 23,986
MARRIAGE LICENSES 0 94 5,129

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