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VOL. 128 | NO. 169 | Thursday, August 29, 2013

Four Memphis Startups Win Spots in ‘The TENN’

Memphis’ startup community continues collecting recognition beyond the city limits to go along with the steady attraction of new platforms, investments, mentors and programs for startups here.

Fertile Ground

Future looks bright as Memphis Botanic Garden turns 60

In 1947, two parcels of land on the eastern boundaries of Memphis were purchased for $400,000 to be used as a new city park.

Wiseacre Set to Open City’s First Taproom

The city’s newest craft brewery will be officially open for business at the end of the week.

Political Season Heats Up With District 91 Deadline

The political tide of late-in-the-year elections begins rolling Thursday, Aug. 29, with the candidate-filing deadline for state House District 91.

Goldin Appointed to Tennessee Appeals Court

Shelby County Chancellor Arnold Goldin has been tapped to replace Alan Highers on the Tennessee Court of Appeals at the end of next year when Highers retires.

Local Weather
Today
Memphis, TN
84°F
Fair
Wind: 8 mph
Humidity: 69%

EVENTS

Sales and Marketing Society of the Mid-South will host a roundtable with Scott Lawyer, director of the Master of Business Administration program at Christian Brothers University, Thursday, Aug. 29, at 7:30 a.m. at Cheffie’s Cafe, 483 High Point Terrace. The topic is “Continuing Education and the Sales Professional: Why is This Important?” Cost is $20 at the door. Visit sms-midsouth.org.

more events »

Cooper: ‘False Promises’ Prompted Airline Merger Challenge

Tennessee Attorney General Robert Cooper said the state joined the U.S. Justice Department and five other states in opposing the proposed $11 billion merger of U.S. Airways and American Airlines, because of the state’s experience with past airline mergers.

School Board Recognizes Labor, Gets Security Update

Interim countywide schools superintendent Dorsey Hopson told the school board Tuesday, Aug. 27, that “jurisdiction issues” between the Memphis Police Department and Shelby County Sheriff’s Office were the primary cause of security problems at schools this month.

Tigers See Bye Week as Advantage

Most of the college football world is in the midst of game week. The University of Memphis is not, having to wait until 3:30 p.m. Sept. 7 at Liberty Bowl Memorial Stadium to play Duke.

More Than 300 Sites Ring Bells for MLK Speech

WASHINGTON (AP) – Church bells were ringing out Wednesday at the National Cathedral and nationwide to answer a call from one of the most important civil rights speeches in history to "let freedom ring."

MEMPHIS LAW TALK

Kasser Tackling Tax Law With Glankler Brown

Jake Kasser has joined the firm of Glankler Brown PLLC as an associate.

LOCAL COLUMNISTS

Bundle of Joy Can Cost You Bundle of Cash

Ray’s Take I was asked once if two could live as cheaply as one. I answered, “Certainly, as long as one of them didn’t eat or wear clothes.” Most couples realize having a baby is going to mean extra expenses. However, many are shocked when they realize just how high those expenses are. According to the U. S. Department of Agriculture, a child born in 2011 will cost an average of $235,000 to raise to age 17. That number doesn’t include a penny for private tuition or college.

Offense Best Defense in Music Suit?

The crossword clue was “Gray areas, maybe.” The answer was BORDER LINES. With 11 letters, it fit nicely across the puzzle’s center.

STATEWIDE

UBS Creating Nashville Hub, Adding 1,000 Jobs

NASHVILLE (AP) – Financial services firm UBS AG on Wednesday announced it will consolidate back office functions in Nashville, creating 1,000 jobs in the city over the next five years.

Nashville Symphony Musicians Agree to Pay Cut

NASHVILLE (AP) – The Nashville Symphony has reached agreement with the Nashville Musicians Association on a new one-year labor contract.

REGIONAL

Arkansas Lawmakers Plan Refresher Course on Ethics

LITTLE ROCK, Ark. (AP) – With an ex-lawmaker under investigation for his campaign spending money on personal items and the state's lieutenant governor facing questions about his campaign finance reports, Arkansas lawmakers are about to receive a refresher course on the state's ethics laws.

NATIONAL GOVERNMENT

Labor Rules to Boost Employment for Vets, Disabled

WASHINGTON (AP) – Veterans and disabled workers who often struggle to find work could have an easier time landing a job under new federal regulations.

Proposal Gives Banks More Leeway on Mortgage Bonds

WASHINGTON (AP) – Regulators want to ease a rule that would require banks to share some risk in the complicated mortgage investments that helped cause the financial crisis.

REAL ESTATE

Pending Sales of US Homes Slip but Remain Solid

WASHINGTON (AP) – Fewer Americans signed contracts to buy U.S. homes in July, but the level stayed close to a 6.5-year high. The modest decline suggests higher mortgage rates have yet to sharply slow sales.

HEALTH CARE

White House Enlists Bill Clinton on Health Care

WASHINGTON (AP) – The White House is enlisting former President Bill Clinton's help in explaining President Barack Obama's health care law as a key phase of the reform nears.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 75 255 11,693
MORTGAGES 72 295 15,274
FORECLOSURE NOTICES 3 71 2,982
BUILDING PERMITS 198 590 27,844
BANKRUPTCIES 62 280 11,242
BUSINESS LICENSES 35 98 4,136
UTILITY CONNECTIONS 94 516 17,000
MARRIAGE LICENSES 18 80 3,544

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