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VOL. 130 | NO. 146 | Wednesday, July 29, 2015

TCAP Scores: Math and Science Gains, Reading Scores Down in Memphis

  11:49am

They aren’t out of the state’s bottom 5 percent. But three Memphis schools where parents and teachers last year vocalized their opposition to Achievement School District control are off the potential takeover list.

International Paper Reports Second-Quarter Earnings Growth

  8:15am

International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

Memphis Police Plan to Turn Over All Fatal Police Shooting Cases to TBI

  11:17am

The Memphis Police Department plans to turn over all investigations of fatal shootings by Memphis police officers to the Tennessee Bureau of Investigation.

Cooking Companies

  11:57am

Kitchen incubator launches to order up startup activity

One indication of the pervasiveness of an area’s startup culture is arguably the presence of incubators and accelerators focused on a variety of narrow purposes.

Sparks Fly at Cooper-Young Mayoral Forum

  11:33am

Memphis Mayor A C Wharton Jr. was the target of two Memphis City Council members challenging him during most of a Cooper-Young political forum Tuesday, July 28.

Local Weather
Today
Memphis, TN
94°F
Mostly Cloudy
Wind: 10 mph
Humidity: 56%

EVENTS

Dance Scholars Inc. will host Field Trip performances Thursday and Friday, July 30-31, at Trinity United Methodist Church’s education center, 1738 Galloway Ave. The junior camp performance is Thursday from 11:30 a.m. to 12:30 p.m., and the senior camp performance is Friday from 4:30 p.m. to 5:30 p.m. Cost is $2 per child and free for adults. RSVP required; call 901-301-3262.

more events »

Online Mayoral Poll Opens

Consider this preparation for the real election.

Guardsmark Sold to Universal Protection Service

Memphis-based Guardsmark LLC has been acquired by Universal Protection Service to form the largest U.S.-owned security company.

LYFE Kitchen, 5 Spot Seek Approval for New Signage

Two Downtown businesses, including the Chisca Hotel, are seeking approval from regulators for new external signs.

Lot Shortage Looms Over Shelby County

A shortage of developed lots in Shelby County is dragging down the new housing market, according to homebuilding officials.

Tax Revenue Reopens Budget Wounds

The largest portion of $22 million in extra tax revenue collected by Shelby County Trustee David Lenoir will go to local public education, county commissioners said Monday, July 27.

Police Review Board With Teeth Hits Familiar Wall

When Memphis Mayor Willie Herenton created the Civilian Law Enforcement Review Board in 1994, it was under pressure from critics who said police couldn’t objectively discipline their own.

Memphis Touchdown Club Scores With 2015 Speaker Lineup

Often, the lineup of speakers for the Touchdown Club of Memphis includes one or more coaches on the hot seat. But this season, University of Memphis coach Justin Fuente, Tennessee coach Butch Jones, Ole Miss coach Hugh Freeze and Mississippi State coach Dan Mullen all are coming off strong seasons.

MEMPHIS NEWSMAKERS

Daniel Allen Joins Red Door As Financial Adviser

Daniel Allen has joined Red Door Wealth Management as vice president, financial adviser, marking Red Door’s first hire of a financial adviser since its inception in 2010. In his new role, Allen helps develop client relationships and financial strategies that solve complex financial issues and create value for clients.

LOCAL COLUMNISTS

The Evolution Of Consultative Sales Process

Consultative selling is a discovery-based approach that puts the sales professional in the enviable role of partner or adviser versus the stereotypical pushy rep looking to close a deal at any cost.

Departing Thoughts from Asia

This entry will be my last submission penned while living in Asia, so rather than discuss the market’s recent wiggles, I thought I would share some top of mind takeaways as I prepare to depart Hong Kong.

STATEWIDE

Officials: Timing of Tenn. Supreme Court Justice Vote Unclear

NASHVILLE, Tenn. (AP) — A new judicial amendment to the state constitution has left an open question about when voters will get a chance to decide on a new Supreme Court justice.

Great Smoky Mountains Park Visitors Up 8 Pct. From 2014

GATLINBURG, Tenn. (AP) — Great Smoky Mountains National Park says more than 4.3 million people visited between January and June, an 8 percent increase from the first half of 2014.

NATIONAL GOVERNMENT

Obama Wants to Give Prisoners Access to Pell Grants

WASHINGTON (AP) — The Obama administration is taking steps to expand the Pell grant program to prisoners.

NATIONAL BUSINESS

Consumer Confidence Falls to Lowest Level Since September

WASHINGTON (AP) — U.S. consumer confidence fell this month to the lowest level since September. Consumers are worried about the job market and rattled by events in Greece and China.

SBA Approvals Resume After Congress Lifts Lending Limit

NEW YORK (AP) — Small businesses are again able to get loans backed by the federal government.

Ford Surprises in 2Q With Record North American Profit

DEARBORN, Michigan (AP) — Ford Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 98 376 10,434
MORTGAGES 124 449 13,881
FORECLOSURE NOTICES 14 56 2,766
BUILDING PERMITS 196 798 23,420
BANKRUPTCIES 68 264 8,803
BUSINESS LICENSES 24 77 3,613
UTILITY CONNECTIONS 251 637 13,380
MARRIAGE LICENSES 21 93 3,117

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