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VOL. 129 | NO. 145 | Monday, July 28, 2014
EMPHASIS Construction

Critical Decisions

Early construction planning integral for Crosstown to succeed

For the team behind the pending redevelopment of the massive Sears Crosstown property to reach its goal of maximizing the participation of women- and minority-owned businesses, it needed to make a crucial decision early in the planning process.

More Charges Loom for FedEx

The U.S. Department of Justice could bring additional charges against FedEx Corp. for its role in shipping prescription medications from illegal online pharmacies, according to court records.

Lot Shortage Poses Next Roadblock

Local homebuilders say a dearth of developed lots is slowing down the new housing rebound, weighing down an industry still trying to drag itself out of the rubble left by the worst recession in decades.

Contractors See Bright Days Ahead

After slogging their way through the deepest economic slump in more than 60 years, Memphis area contractors say the near future looks much brighter than the dark days of the recession and its immediate aftermath.

Local Weather
Today
Memphis, TN
74°F
Partly Cloudy
Wind: 5 mph
Humidity: 45%

EVENTS

The Booksellers at Laurelwood will host “Shots Fired” author C.J. Box for a discussion and signing Monday, July 28, at 6 p.m. at 387 Perkins Road Extended. Visit thebooksellersatlaurelwood.com.

more events »

Medtronic Wins Approval For Cervical Disc Product

Medtronic, Inc. has received approval from the U.S. Food and Drug Administration to market the Prestige LP Cervical Disc System for the treatment of single-level cervical disc disease (radiculopathy and/or myelopathy).

Contract Signed to Purchase Tennessee Brewery

A contract has been signed with a buyer for the Tennessee Brewery, saving the historic structure from the wrecking ball, according to a representative of the brewery’s ownership.

Suburban Schools Mark A Week to Debut

Suburban school leaders drop by the Shelby County Schools data center Monday, July 28, to get their first formal look at achievement test scores for their students during the only year of the Shelby County Schools merger.

Early Vote Tops 37,000

Early voting in advance of the Aug. 7 election day topped 37,000 through Saturday with less than 2,000 more voters in the Democratic state and federal primaries than those voting in the companion Republican primaries.

Master Your Market Seminar to Examine Housing Trends

Real estate industry professionals will have the opportunity this week to learn more about major trends in the local real estate market, including residential and commercial sales, new housing, foreclosures and lending practices.

Signs, Space Occupy Final Weeks of Elections

In the closing weeks of the summer campaign to the Aug. 7 election day, the political struggle has come to the place all hard-fought campaigns ultimately come at this point – signs and space.

School Year Brings New Lessons for Teachers

When the school year begins on Aug. 4 for Shelby County Schools and the six suburban public school systems, the learning process will begin not only for students but for teachers.

Start Co. Steers Accelerators Toward Demo Day

Memphis’ startup community is in the throes of its busiest summer in memory.

SMALL BUSINESS

ProudOnTV Offers Alternative to Wide-Open Social Media

In a world in which social media – Facebook, Twitter, Instagram, etc. – can be all that’s right about technology or all that’s wrong with it, ProudOnTV is making it a business to eliminate some of those problems for people.

LOCAL COLUMNISTS

New Life for Old Malls

Since 1957, when the first modern, fully enclosed shopping mall was built in Edina, Minnesota, shopping became an American pastime. New shopping malls changed the landscape in communities across the country at the rate of 140 a year.

STATEWIDE

Cleveland Speedway Sells at Auction for $800,000

CLEVELAND, Tenn. (AP) – After multiple years on the market, the Cleveland Speedway has been sold at auction for $800,000.

NATIONAL BUSINESS

Fast Food Workers Prepare to Escalate Wage Demands

CHICAGO (AP) – Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers will discuss the future of the effort that has spread to dozens of cities in less than two years.

Orders for US Durable Goods Up 0.7 Percent in June

WASHINGTON (AP) – Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.

NATIONAL GOVERNMENT

House Votes to Boost Child Tax Credit for Some

WASHINGTON (AP) – More families with higher incomes could claim the popular child tax credit under a bill that won approval Friday in the House. But in a dispute that divides Republicans and Democrats, millions of the poorest low-income families would still lose the credit in 2018, when enhancements championed by President Barack Obama are set to expire.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 30 88 3,883
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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