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VOL. 129 | NO. 41 | Friday, February 28, 2014

ServiceMaster Revenue Flat, Income Drops for 2013

The ServiceMaster Co. LLC took a net income loss of $506 million for the year 2013 and an $18 million loss for the last three months of the year.

Patching Up Poplar

Initiative looks to make busy street pedestrian-friendly

Its narrow traffic lanes are unforgiving and its storm water drain grates make driving the outside lane a perilous endeavor.

Renovation on Tap for 100 N. Main Tower

The owner of 100 N. Main St., the city’s tallest building, has plans to turn the Downtown skyscraper into a development featuring a hotel and apartments.

Election Commission Approves All But Three Names For May Primaries

Shelby County Election Commissioners certified all but three names Thursday, Feb. 27, for the May county primary ballot and will meet March 5 to consider challenges to the residency of candidates Edith Ann Moore, M. Latroy Williams and E. Jefferson Jones.

MalmoMemphis Completes Three Law Firm Leases

Three Memphis law firms represented by MalmoMemphis Real Estate Inc. have renewed their office leases or leased new spaces.

Local Weather
Today
Memphis, TN
68°F
Fair
Wind: 0 mph
Humidity: 76%

EVENTS

Temple Church of God in Christ will host the Conference on Family 2014 Friday, Feb. 28, through Sunday, March 2, at the church, 672 S. Lauderdale St. Benjamin Crump, the attorney who represented the family of Trayvon Martin, will speak Friday at 7 p.m. Other events include panels, awards and a Sunday worship service. For details, email dahall@templecogic.org or call 351-0903.

more events »

Dunavant Awards Nomination Deadline Nears

While candidates are watching the election calendar, the committee that will award the Dunavant Public Servant Awards is also watching the calendar.

The MED Adopts Umbrella Name

Two names are better than one, although the new name will get most of the headline treatment.

First Tennessee Celebrates 150th Anniversary

First Tennessee Bank is using Abraham Lincoln’s famed top hat as a symbol of the milestone the venerable financial institution is celebrating this year.

Goldsworthy: Germantown, Collierville Discuss Schools Contract

Germantown Mayor Sharon Goldsworthy says Germantown and Collierville schools leaders are discussing a contract to allow Collierville students to continue attending the Germantown district’s Houston High in the new academic year.

Beale Street Music Festival Offers Diverse Lineup

The lineup for the three-day Memphis in May Beale Street Music Festival features a new night of late-night dance music from a stage in Tom Lee Park and a 69-act lineup in which Memphis artists are nearly a third of the diverse set of performers.

SPORTS

Score-Watching Grizz Can’t Lose Sight of Opponents

Two hours before the Grizzlies played the Los Angeles Lakers on Wednesday, Feb. 26, at FedExForum, Memphis coach Dave Joerger talked about the last loss – at Charlotte – the game ahead, and that aggravating play that recently invaded Memphis living rooms, including Joerger’s own.

Actions Should Speaker Louder Than Words

The Sports Morality Police have pinned on their badges and are cracking down on athlete-on-athlete crime.

LOCAL COLUMNISTS

Ceiling Reflections

FAMILY TIME. “You’re no happier than your most unhappy child,” a wise friend said.

Networking With No Fear

Last week, as I pulled toward my parking space at home, the adorable 3-year-old boy who lives next door ran up to my car. “I haven’t seen you in a while!” he exclaimed in the most excited voice I’d heard all week. “How have you been?” I rolled down my window and chatted with him until his grandmother quickly rushed over to sweep him up.

Instagram Tips for Businesses

For the past couple of years, more and more businesses have been communicating with their audiences through Instagram.

MEMPHIS AREA

Grizzlies Claim G Beno Udrih Off Waivers

MEMPHIS (AP) – The Memphis Grizzlies have claimed guard Beno Udrih off waivers adding an experienced player to their backcourt.

Iraq Contractor Pleads Guilty in Tax Case

MEMPHIS (AP) – Federal prosecutors say a U.S. contractor who worked in Iraq has pleaded guilty to filing a false tax return.

REGIONAL

Arkansas House Speaker: Medicaid Talks Continuing

LITTLE ROCK, Ark. (AP) – Opponents of Arkansas' compromise Medicaid expansion on Wednesday said they're floating ideas to slow enrollment, as they began meetings with House leaders aimed at ending a legislative stalemate over the program.

Miss. Lawmakers Eye Plan to Give Viking Range $12 Million

JACKSON, Miss. (AP) – The state of Mississippi is proposing to give $12 million to Middleby Corp., the owner of Greenwood's Viking Range, to help pay for an expansion.

NATIONAL BUSINESS

Latest Airline Perk: Safe Distance From the Masses

NEW YORK (AP) – On flights from San Francisco to Hong Kong, first-class passengers can enjoy a Mesclun salad with king crab or a grilled USDA prime beef tenderloin, stretch out in a 3-foot-wide seat that converts to a bed and wash it all down with a pre-slumber Krug "Grande Cuvee" Brut Champagne.

NATIONAL GOVERNMENT

Yellen: Fed Monitoring Recent Weaker Economic Data

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen noted Thursday that recent economic data have pointed to weaker-than-expected gains in consumer spending and job growth. She said the Fed will be watching to see whether the slowdown proves only a temporary blip caused by severe winter weather.

REAL ESTATE

Freddie Mac Posts $8.6 Billion Profit in Fourth Quarter

WASHINGTON (AP) – Mortgage giant Freddie Mac posted net income of $8.6 billion for the October through December period, its ninth straight profitable quarter. Earnings were boosted by the continued rise in home prices, which reduced the amounts the company had to set aside to cover losses on mortgages.

HEALTH CARE

New Food Labels Aim to Make Healthy Shopping Easy

WASHINGTON (AP) – Ice cream lovers beware: The government knows you're unlikely to stop after half a cup.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 312 10,190
MORTGAGES 103 400 13,275
FORECLOSURE NOTICES 16 76 2,614
BUILDING PERMITS 221 783 24,307
BANKRUPTCIES 72 299 9,832
BUSINESS LICENSES 39 110 3,713
UTILITY CONNECTIONS 129 519 14,482
MARRIAGE LICENSES 13 81 3,144

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