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VOL. 128 | NO. 248 | Friday, December 20, 2013

Cox Departs Airport Authority as Southwest Adds Flight

Longtime Memphis-Shelby County Airport Authority President and CEO Larry Cox celebrated his final board meeting before retirement with the announcement that Southwest Airlines is adding a flight next summer.

Bright Spot

Multifamily market emerges from recession, enjoys solid growth

The Memphis multifamily market turned in a strong performance during 2013, with enhanced investor interest and new units under construction.

Shopping Center Group Moving to New Office

The Shopping Center Group LLC is moving to a new office.

Crosstown Construction Bidding Process Underway

Construction documents for the ambitious Sears Crosstown redevelopment project have hit the street.

Commission to Have New Faces in 2014

When Shelby County Commissioners said farewell to one of their own this week at the commission’s last meeting of 2013, it was the latest in a series of changes that will remake the 13-member body by this time next year.

Local Weather
Today
Memphis, TN
64°F
Fair
Wind: 0 mph
Humidity: 40%

EVENTS

The Orpheum Theatre will hold its Holiday Open House Friday, Dec. 20, at the theater, 203 S. Main St. Doors open at 10 a.m., and highlights include a concert on the Mighty Wurlitzer organ at noon, a screening of “Miracle on 34th Street” at 2 p.m. and a presentation by “Memphis Movie Theatres” author Vincent Astor at 4:30 p.m. Visit orpheum-memphis.com for a complete schedule.

more events »

Malco Opens 12-Screen Olive Branch Cinema

Memphis-based Malco Theatres is raising the curtains on a new 12-screen cinema in Olive Branch, as the company continues to push deeper into new markets while at the same time investing in its existing properties.

SPORTS

Grizzlies Now the Team Getting Kicked Around

It is no longer too early to determine the highlight of the Grizzlies 2013-2014 season.

No Need to Spin Tigers’ Nice Start

Every special season has critical mileposts along the way. The Tigers’ first came in Stillwater, Okla., where, again, they weren’t up to the challenge of a ranked opponent in Oklahoma State. Thus, the Tigers and their coach returned to harsh criticism in Memphis and waited for the next opportunity.

NBA Notebook: December 20, 2013

The Grizzlies’ Nick Calathes Experiment, if you want to give it a name, continues. Brought in after playing four years in Europe to be Mike Conley’s backup at point guard, he has been playing more minutes in the wake of Conley’s bruised thigh.

MEMPHIS STANDOUT

Pike Indulges ‘Museum Bug’ as Director of Pink Palace

Steve Pike, director of museums for the Pink Palace Family of Museums, calls himself a generalist, happy to have his hands in all things theoretical and material. It’s a label that envelopes his interests, his career choices, and going back to his liberal arts education at Marian University in Indianapolis.

LOCAL COLUMNISTS

Christmas Coming Home

CHRISTMAS TIME. Every Christmas I tell this story, and in the telling Christmas comes home.

MEMPHIS AREA

Memphis’ Peabody Ducks Retire to Jack Daniel's

LYNCHBURG – They are being called the luckiest ducks in the world -- retiring from one world-famous Tennessee landmark to another.

STATEWIDE

Cities, Counties Get Oil Cleanup Grants

NASHVILLE (AP) – Close to 30 Tennessee cities and counties are receiving grants to help encourage proper collection of used motor oil.

STATE GOVERNMENT

State Supreme Court Justice Koch to Retire in July

NASHVILLE (AP) – State Supreme Court Justice Bill Koch plans to retire from the bench next year to become dean of the Nashville School of Law.

NATIONAL BUSINESS

Target: 40 Million Card Accounts May be Breached

Target is grappling with a data security nightmare that threatens to drive off holiday shoppers during the company's busiest time of year.

Weekly US Jobless Claims Hit 9-Month High of 379,000

WASHINGTON (AP) – The number of people seeking U.S. unemployment benefits rose 10,000 last week to a seasonally adjusted 379,000, the highest since March. The increase may reflect volatility around the Thanksgiving holidays.

HEALTH CARE

Overhaul Website Problems May Trigger Price Hikes

Problems with the government's main health care overhaul website carry a bigger risk than frequent crashes: Higher prices could follow for many Americans if technical troubles scare off young people.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 312 15,378
MORTGAGES 125 389 20,168
FORECLOSURE NOTICES 0 86 3,972
BUILDING PERMITS 431 872 36,714
BANKRUPTCIES 54 232 14,575
BUSINESS LICENSES 9 64 5,193
UTILITY CONNECTIONS 71 312 22,129
MARRIAGE LICENSES 10 83 4,746

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