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VOL. 129 | NO. 43 | Tuesday, March 4, 2014

City Council to Dig Into Pension Liability

The road to a specific solution to the city’s unsustainable pension liability and employee benefits begins Tuesday, March 4, in detailed, technical and complex financial discussions at City Hall that will dominate the committee schedule of the Memphis City Council.

Startup Space

Cowork Memphis developing entrepreneurial resource, educational hub

The new Cowork Memphis venture in Cooper-Young has quickly developed into a resource and educational hub for freelancers and other busy professionals, helped in part by participation from entrepreneurs like Michael Nunn.

Potter Upholds Ashlar Hall Transfer

Environmental Court Judge Larry Potter, reversing a previous decision, upheld a 2013 transfer of Ashlar Hall from Robert “Prince Mongo” Hodges to an acquaintance who wants to turn the stately but decaying property into a home for military veterans.

Wharton: City Must Target ‘Black Boy Crime’

As President Barack Obama talked from the East Room of the White House last week about violence and young African-American men and boys, Memphis Mayor A C Wharton Jr. was among a group of mayors meeting in New Orleans who say they are ready to back a new approach to the problem.

Police Union Dispute Subsides, Leaves Questions

A turbulent week at the Criminal Justice Center for the Memphis Police Department is the lead-in for a critical week at City Hall in the unfunded pension liability discussion.

Local Weather
Today
Memphis, TN
63°F
Partly Cloudy
Wind: 16 mph
Humidity: 78%

EVENTS

The Shelby County Trustee’s office will hold a Project H.O.M.E. (Home Ownership Made Easier) Financial Literacy workshop Tuesday, March 4, from 6 p.m. to 8 p.m. at the Whitehaven Community Center, 4318 Graceland Drive. Visit shelbycountytrustee.com.

more events »

Tigers Revel in Season Sweep of Louisville

Any in-the-moment analytical evaluation of the Tigers’ chances after Louisville forward Montrezl Harrell slammed home a dunk for an eight-point lead with 4:46 left in the game would have been dire.

GOVERNMENT AGENDA

March 4 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, March 4, 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

Midtown Apartment Building Sells for $840,000

199 S. McLean Blvd., Memphis, TN 38104, Sale Amount: $840,000 -

LOCAL COLUMNISTS

Four Ways to Grow Your Alumni Association

Part two of a two-part series on alumni fundraising. Alumni associations offer memberships and raise funds for the colleges and universities they are associated with. Many are independent nonprofit organizations; others operate as part of the institution’s alumni relations department.

The High Cost of Chrome, Glass and Surfaces

I resisted the computer age. I really did. Then one of my generation’s early adopters encouraged me to buy a Leading Edge computer. My life was forever changed. No more Wite-Out correction fluid or carbon paper. I was free.

STATE GOVERNMENT

Senate to Take Up House Version of Wine Bill

NASHVILLE (AP) – A measure to allow wine to be sold outside of Tennessee liquor stores may soon be heading to the governor for his consideration.

NATIONAL BUSINESS

Buffett Says Economy Continues to Grow Steadily

OMAHA, Neb. (AP) – Investor Warren Buffett says the economy continues the steady improvement that began in fall of 2009 and he remains optimistic despite Russia's advance into Ukraine.

Buffett: Climate Change Not Causing More Disasters

OMAHA, Neb. (AP) – Warren Buffett says the rate of disasters that Berkshire Hathaway's insurance companies see hasn't changed because of extreme weather.

US Manufacturing Boosted by Orders and Stockpiles

WASHINGTON (AP) – U.S. manufacturing expanded more quickly last month as companies received more orders and boosted their stockpiles.

NATIONAL GOVERNMENT

Obama Admin Drives Ahead With New Cleaner Gas Rule

WASHINGTON (AP) – The Obama administration is driving ahead with a dramatic reduction in sulfur in gasoline and tailpipe emissions, declaring that cleaner air will save thousands of lives per year at little cost to consumers.

HEALTH CARE

Lower Medicaid Signups Seen in Health Law Study

WASHINGTON (AP) – It's one of the most impressive statistics about the new health care law. The Obama administration says more than 8.9 million people have been, quote "determined eligible" for Medicaid from Oct. 1 through the end of January.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 368 16,413
MORTGAGES 66 422 21,432
FORECLOSURE NOTICES 15 76 4,266
BUILDING PERMITS 176 877 39,378
BANKRUPTCIES 60 294 15,542
BUSINESS LICENSES 20 98 5,491
UTILITY CONNECTIONS 69 423 23,573
MARRIAGE LICENSES 17 95 5,035

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