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VOL. 129 | NO. 136 | Tuesday, July 15, 2014

Council Hears Alternatives to Health Insurance Cuts

Memphis City Council members fielded several plans Tuesday, July 15, for alternatives to health insurance cuts approved by the council last month. But leaders of the police and fire unions were not among those making an alternative proposal at the committee session, the first in a series of what amount to public hearings.

Bragging Rights

Mike Slive has plenty to boast about as SEC Media Days commences

HOOVER, Ala. – Before he was done, Southeastern Conference commissioner Mike Slive would quote Muhammad Ali, Dwight D. Eisenhower, Winston Churchill and Nelson Mandela, stump for the league’s new television network, and remind the world that the “autonomy of the SEC and the other four conferences” is really all that matters.

Shelby County Mortgage Market Sees Modest Gain

Shelby County mortgage lenders share a few common trends at the moment, as the area’s mortgage market begins to shake off the wintry chill of the first quarter.

June Mortgage Total Improves 17 Percent

June 2014 was a better month for mortgage activity than the same month in 2013.

Tennessee Road Projects Could Face Cuts in August

FRANKLIN, Tenn. (AP) – Tennessee has funding for 13 road-widening projects totaling more than $200 million, including a $15.6 million Shelby County project, waiting on whether Congress refreshes the federal Highway Trust Fund in August.

Local Weather
Today
Memphis, TN
49°F
Fair
Wind: 12 mph
Humidity: 44%

EVENTS

The Booksellers at Laurelwood will host “100 Things to Do in Memphis Before You Die” author Samantha Crespo for a discussion and book signing Tuesday, July 15, at 6 p.m. at the bookstore, 387 Perkins Road Extended. Visit thebooksellersatlaurelwood.com.

more events »

Storms Knock Out Power to 30,000

A storm packing winds that gusted to 50 miles an hour Monday, July 14, knocked out power to more than 30,000 people Monday evening.

Hopson Brings Johnson Back To Schools As Adviser

Carol Johnson, the former superintendent of Memphis City Schools, will serve as an interim adviser to Shelby County Schools superintendent Dorsey Hopson for the next two to three months and assist in Hopson’s search for a permanent chief academic officer.

City Council Turns Again to Benefits Discussions

Memphis City Council members won’t take any major votes Tuesday, July 15, on city employee benefits.

Sick Calls Drop, But Benefits Debate Still Volatile

The Memphis Police Department returned to normal operations Sunday, July 13, for the first time in more than a week with fewer than 350 officers calling in sick.

D. Canale to Open Distillery, Public Tasting Facility

Longtime Memphis food and beverage wholesaler D. Canale & Co. will develop a spirits distillery and public tasting room at 301 S. Front St. Downtown.

Greenbrook Apartments Sell for $46.5 Million

An affiliate of Atlanta-based Carroll Organization bought the 1,037-unit Greenbrook Apartments at 1400 Greenbrook Parkway from Memphis-based real estate investment trust MAA for $46.5 million in a deal that closed Friday, June 11, according to Shelby County property records.

Memphis Immigration Reform Discussion Quiet But Complex

As much of the national attention in the immigration reform debate was focused last week on Washington and protests in Southern California and Texas, a group of local leaders made the case for immigration reform in Memphis with much less attention.

SPORTS

Grizzlies Welcome Vince Carter

The Memphis Grizzlies held a press conference Monday, July 14, to welcome Vince Carter to the team. Carter, 37, was drafted by the Golden State Warriors in 1998 and was immediately traded to the Toronto Raptors. He has played with the New Jersey Nets, Orlando Magic and Phoenix Suns, and he spent the last two seasons with the Dallas Mavericks. Carter won the NBA dunk contest in 2000.

SEC Media Days Notebook: July 14

Editor’s note: Reporter Don Wade is in Hoover, Ala., for SEC Football Media Days. Check The Daily News Online, www.memphisdailynews.com, each afternoon this week for the latest news and notes.

GOVERNMENT AGENDA

July 15 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, July 15, 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

Primacy Parkway Office Building Sells for $7 Million

6060 Primacy Parkway, Memphis, TN 38119, Sale Amount: $6.9 million -
The 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has sold for $6.9 million.

LOCAL COLUMNISTS

Welcoming Home Baby Boomers

Part two of a two-part series. Talented leadership is always in high demand. The question is: Where do you look for leaders, who are you overlooking and how do you effectively sustain their involvement?

STATEWIDE

Volkswagen to Build New SUV in Tennessee, Add 2,000 Jobs

NASHVILLE (AP) – Volkswagen plans to build a new seven-passenger SUV at its factory in Chattanooga, Tennessee, adding about 2,000 factory jobs as it tries to reverse U.S. sales that have fallen for the past two years.

Haslam-Owned Truck-Stop Chain to Pay $92 Million Fine

NASHVILLE (AP) – Authorities say the truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam has agreed to pay $92 million in fines for cheating customers out of promised rebates and discounts.

Auto Supplier in Tennessee Adding 230 Jobs

GALLATIN, Tenn. (AP) – An auto supplier is expanding its Gallatin plant and adding more jobs to keep up with demand.

NATIONAL BUSINESS

Citigroup to Pay $7 Billion in Subprime Mortgages Probe

WASHINGTON (AP) – Citigroup agreed Monday to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades.

HEALTH CARE

States Told to Find Way to Clear Medicaid Backlog

SACRAMENTO, Calif. (AP) – A half-dozen states with backlogs for Medicaid enrollees were facing a federal deadline Monday to create plans for getting those low-income residents enrolled in health coverage.

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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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