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VOL. 128 | NO. 34 | Tuesday, February 19, 2013

Brothers to Open Brewery on Broad

A new craft brewery is coming to one of Memphis’ up-and-coming areas – the Broad Avenue Historic District.

Future Talk

Former vice president promotes his new book in Memphis

Years off the campaign trail haven’t diminished the typical features of an Al Gore speech.

Council to Hear Fairgrounds Update

Memphis City Council members get a look Tuesday, Feb. 19, at the latest plan for renovation of the Mid-South Fairgrounds.

School Board Votes Down Adding Merger Delay Resolutions

The countywide school board voted down two attempts to add resolutions to its agenda Monday, Feb. 18, including one seeking a year’s extension of the Aug. 2013 schools merger start date and another seeking to slow movement but not stop it toward the merger date.

Smucker Wins Tax Break for Memphis Expansion

The J.M. Smucker Co. is staying put in Memphis.

Local Weather
Today
Memphis, TN
78°F
Fair
Wind: 3 mph
Humidity: 58%

EVENTS

Memphis Rotary Club will meet Tuesday, Feb. 19, at noon at the University Club of Memphis, 1346 Central Ave. Dr. Roland Gray, medical director of the Tennessee Medical Foundation, will discuss prescription drug abuse. Cost is $18. R.S.V.P. to Taylor Hughes at taylor@memphisrotary.org.

more events »

Application Period Now Open for ZeroTo510

The application period is now open for ZeroTo510, a local accelerator program in Memphis designed to help start-ups bring medical device products and services to market.

Late Judge Higgs Changed Local Politics

Funeral services for Shelby County Criminal Court Judge and Memphis mayoral contender Otis Higgs were pending and being planned Monday, Feb. 18, just days after his unexpected death.

Capital Gains Tax Could Hurt Local Real Estate

When investor/developer Phil Woodard sells his warehouse at 138 St. Paul Ave. in the South Main Historic Arts District to nonprofit ArtSpace this year for $850,000, he’ll be handing over $3,500 from his proceeds to the federal government.

Schools Merger Issues Moving on Several Fronts

The schools merger issue is moving again on several fronts less than six months before the first school year of the consolidation begins.

GOVERNMENT AGENDA

Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Feb. 19, 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

Hand Family Files Loan on Local Properties

45 W. E.H. Crump Blvd.

LOCAL COLUMNISTS

Mentorship Model Found at U of M

Let’s focus on a new form of mentorship, aimed at talent development and retention, with the University of Memphis’ LEAD program: Professional Connection Lunches.

Finding Office Lease Savings

If you have an office lease and you’ve ever received an invoice for a property tax and operating expense pass-through, you’ll want to read this article to make sure you understand the process. You may be paying more than you should.

REGIONAL

Trial Set for Vicksburg Casino Tax Protests

VICKSBURG, Miss. (AP) – Ameristar Casino's protests over Warren County property tax levies for 2012 and 2013 will be heard Oc. 14 in Warren County Circuit Court.

Arkansas House GOP Looks to Consultant on Medicaid

LITTLE ROCK, Ark. (AP) – The top Republican in the House says lawmakers are planning to bring in a consultant to look at the state's Medicaid program.

Tupelo Expects a Big Spring for Tourism

TUPELO, Miss. (AP) – Conventions coming to Tupelo this spring should bring hundreds of visitors to Tupelo, tourism officials say.

NATIONAL BUSINESS

Burger King Plans Apology After Twitter Hack

Somebody hacked Burger King's Twitter account on Monday, posting obscene messages and changing its profile picture to a McDonald's logo.

Reader's Digest Parent Seeks Bankruptcy Protection

NEW YORK (AP) – The parent company of Reader's Digest has filed for Chapter 11 bankruptcy protection for the second time in less than four years, saying it needs to cut its debt so it can keep restructuring.

NATIONAL GOVERNMENT

Gun Ban Would Protect More Than 2,200 Firearms

WASHINGTON (AP) – Congress' latest crack at a new assault weapons ban would protect more than 2,200 specific firearms, including a semi-automatic rifle that is nearly identical to one of the guns used in the bloodiest shootout in FBI history.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 33 91 3,886
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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