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VOL. 129 | NO. 36 | Friday, February 21, 2014

Memphis Airport Changes Reflect New Reality

Memphis International Airport, gutted by the downsizing of Delta Air Lines, is pursuing a $114 million “concourse modernization” plan that will eliminate a large number of gates and result in upgrades to what is left.

Northgate’s Shift

Kroger’s closure marks end of an era in Frayser

When the Kroger store opened at Northgate shopping center in Frayser 58 years ago, the store gave away a Shetland pony.

Seminar to Focus on Importance of Women in Business

When Amy Howell delivers the keynote address at the Women & Business Seminar Feb. 27 at the Memphis Brooks Museum of Art, she will, rather appropriately, be speaking about the art of appreciating what women can bring to any business setting.

Roland ReElected At Filing Deadline, Two Countywide Races Set For August

One of the six Shelby County Commission incumbents seeking re-election this year was effectively elected to a new four-year term in a new district with the noon Thursday, Feb. 20, filing deadline for candidates in the May county primaries.

Local Weather
Today
Memphis, TN
69°F
Partly Cloudy
Wind: 7 mph
Humidity: 73%

EVENTS

Ballet Memphis and Crosstown Arts will present “spark: behind the scenes of ‘World Wonders’” Friday, Feb. 21, at 6:30 p.m. at Playhouse on the Square, 66 S. Cooper St. Attendees will meet the dancers and artistic staff before the 8 p.m. performance. Cost is free. Visit balletmemphis.org.

more events »

REAL ESTATE

Butler Sevier Law Firm Expands Downtown

Butler, Sevier, Hinsley & Reid PLLC law firm has expanded its presence at 88 Union Ave.

Changes Likely in Attendance Zones Proposal

The set of two dozen proposed attendance zone changes affecting nearly 7,000 students in Shelby County unveiled this week by Shelby County Schools superintendent Dorsey Hopson is the first step on the road to certainty for parents of children in the consolidated system that is about to break into seven public systems.

Sector Capital Management Independent Again

Three years after its acquisition by Argent Financial Group, Memphis-based Sector Capital Management is an independent company again.

SPORTS

Hobbled Grizzlies Won’t Go Down Without Fight

Two years ago, Grizzlies forward Zach Randolph returned from a torn MCL in his right knee and essentially finished out the season on one leg.

For Love of the Game, Indeed

“I’ve never been humbled by anything like baseball. And I’ve been humbled more coaching than playing.”  Jonathan Lyons, former college and minor-league pitcher and now a coach of a 12-and-under competitive team

LOCAL COLUMNISTS

Preaching to Meddling

OUR NEW PHARISEES. Pharisee |'farese|, noun

Make More Money This Year

If you’re like most people, you created a list of new year’s resolutions at the end of December or in the beginning of January. One of your resolutions was probably related to your finances. It may have been to save more, to make more or both. Regardless of which you selected, increasing your income can achieve both goals.

STATE GOVERNMENT

Tennessee House Passes Supermarket Wine Sales Bill

NASHVILLE (AP) – A years-long effort to allow wine to be sold outside of Tennessee liquor stores easily cleared what was expected to be its toughest hurdle on Thursday when the state House overwhelmingly approved the measure.

REGIONAL

Democrats Push for Mississippi State Employee Pay Raise

JACKSON, Miss. (AP) – Democrats say they'll keep trying to give all Mississippi government employees at least a $1,000 pay raise in the coming year, even after several attempts were blocked Wednesday in the Republican-majority House.

NATIONAL BUSINESS

Wal-Mart Offers Weak Outlook on Sales Shortfall

NEW YORK (AP) – Much like its low-income shoppers, Wal-Mart can't seem to catch a break as the U.S. economy rebounds.

US Consumer Prices Rose 0.1 Percent Last Month

WASHINGTON (AP) – U.S. consumer prices barely rose last month as a sharp increase in energy costs was offset by cheaper clothing, cars and air fares. The figures indicate inflation remains mild.

Gauge of US Economy's Health Up 0.3 Percent

WASHINGTON (AP) – A measure of the U.S. economy's health posted a moderate gain in January, suggesting that the economy will continue to expand in the first half of this year.

NATIONAL GOVERNMENT

Officials: Obama Drops Budget Cost-of-Living Trims

WASHINGTON (AP) – The White House says President Barack Obama's upcoming budget proposal will not include his past offer to accept lowered cost-of-living increases in Social Security and other benefit programs. Those had been a central component of his long-term debt-reduction strategy.

TECHNOLOGY

WhatsApp: A $19 Billion Bet for Facebook

NEW YORK (AP) – Facebook is placing a $19 billion bet on reaching its next billion mobile users with the acquisition of WhatsApp, a popular messaging service that lets people send texts, photos and videos on their smartphones.

Average 30-Year US Mortgage Rate Up to 4.33 Percent

WASHINGTON (AP) – Average U.S. rates on fixed mortgages rose this week but remained near historically low levels.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 70 224 13,880
MORTGAGES 105 298 18,124
FORECLOSURE NOTICES 0 39 3,544
BUILDING PERMITS 0 430 32,733
BANKRUPTCIES 75 205 13,208
BUSINESS LICENSES 23 68 4,773
UTILITY CONNECTIONS 103 307 20,206
MARRIAGE LICENSES 0 33 4,230

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