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VOL. 127 | NO. 152 | Monday, August 6, 2012

B&B Development Could Spark Victorian Village

Following years of due diligence, the James Lee House in Downtown Memphis could soon be the centerpiece of the Victorian Village master plan.

Watershed Day

Historic election paves way for six new municipal school districts

The unofficial vote totals are in from Thursday’s county general and state and federal primary elections in Shelby County, but no one involved believed the last cartridge read at the Shelby County Election Commission would be the last word on the results.

County Sees 21.6 Pct. Voter Turnout

Slightly less than 127,000 Shelby County residents – or 21.6 percent of 584,443 registered voters – cast ballots in the Aug. 2 elections.

Seminar Shows Businesses How To Be Green

Solar panels, wind turbines and electric or hybrid vehicles get much of the attention when conversations turn to sustainability or going green.

Evolve Bank ‘Hitting on All Cylinders’

Scott Stafford, president and CEO of Evolve Bank and Trust, said his bank is forecasting a strong second half of the year, and it’s not hard to see where that optimism comes from.

Local Weather
Today
Memphis, TN
82°F
Partly Cloudy
Wind: 9 mph
Humidity: 39%

EVENTS

EarlyShares will host the 24/24 Nationwide Crowdfunding Educational Roadshow Monday, Aug. 6, from 5:30 p.m. to 9 p.m. at the Memphis Bioworks Conference Center, 20 S. Dudley St. The event is geared toward those seeking to fund a startup or invest in new or growing businesses. Visit earlyshares.com.

more events »

SMALL BUSINESS SPOTLIGHT

Hard Work, Sincerity Keep Albertine Thriving

When Gary Albertine Sr. got into the real estate business in 1948, an average 1,500-square-foot house sold for about $15,000.

LOCAL COLUMNISTS

Help Me, Help You

One of the more memorable lines from the movie “Jerry Maguire” was when Jerry, a sports agent, pleaded with his client, “Help me, help you!” Recently, I conducted a training session with a group of administrative assistants. To prepare for the session, I decided to do some research to find out more about what it’s like to be an administrative assistant. The overall theme of what I learned is well summed up by Jerry Maguire’s line, “Help me, help you!”

THE MEMPHIS NEWS

Tales of Comeback

Local businesses find creative ways to navigate economic straits

Jay Myers is gritting his teeth so much it feels like some of them are starting to buckle.

City’s Past Filled with Blueprint of Success

Go to any public meeting where plans for an area are being made, buzz words are flying, big sheets of paper are being written on and “stakeholders” are sitting in various clusters, and you will hear numerous people suggest that all the area needs are spaces for shops.

REGIONAL

Miss. River Reopens to Traffic After Grounding

JACKSON, Miss. (AP) – The Mississippi River is open again to traffic after being closed due to a barge grounding.

Queen of the Mississippi to Launch Service

NEW ORLEANS (AP) – A comeback for old-fashioned paddlewheel riverboat travel on the Mississippi River continues this weekend with the departure from New Orleans of the Queen of the Mississippi, a brand new, quintuple-decked vessel mixing 19th century trappings meant to evoke the Mark Twain era with modern amenities including Internet access, satellite television, an exercise area and a putting green.

NATIONAL BUSINESS

US Hiring Picks Up in July With 163,000 Jobs Added

WASHINGTON (AP) – Employers added 163,000 jobs in July after three months of sluggish hiring, a pleasant surprise that could signal the U.S. economy may be resilient enough to shake off a midyear slump.

NATIONAL GOVERNMENT

Ag Chief: Congress Must Bolster Drought Relief

COLUMBUS, Ohio (AP) – U.S. Agriculture Secretary Tom Vilsack says his department is using its limited tools to help farmers facing widespread drought conditions, but it needs Congress to pass legislation to provide better disaster relief.

REAL ESTATE

Consumer Agency Probes Mortgage Insurance Deals

WASHINGTON (AP) – The government's consumer finance watchdog is investigating mortgage insurance deals between banks and the insurers American International Group Inc., MGIC Investment Corp. and Genworth Financial Inc.

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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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