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VOL. 128 | NO. 6 | Wednesday, January 9, 2013

City Sales Tax Hike Proposal Resurfaces

Two months after voters – most of them Memphians – rejected a countywide sales tax hike, there is a new proposal for a citywide sales tax hike to go on the ballot later this year in a special election.

Conquering Clutter

Home organization businesses aim to eradicate closet chaos

In late 2011, Lydia Bors-Koefoed of Cordova was preparing for her daughter’s wedding and realized she needed a little extra help.

City Liberty Bowl Moves Raise Questions About Coliseum

Memphis City Council members approved $12 million in funding for the coming design and renovation of Liberty Bowl stadium to make it comply with the Americans with Disabilities Act.

Argent Financial, Highland Capital Merging

Memphis-based Highland Capital Management LLC and Louisiana-based Argent Financial Group, which entered the Memphis market a few years ago, are merging.

Club Crave Nuisance Case Moves Slowly

The Shelby County District Attorney General’s office and attorneys for the owners of Club Crave have been talking privately since prosecutors got the court order that closed the Beale Street nightspot during the Christmas holidays as a public nuisance.

Local Weather
Today
Memphis, TN
40°F
Light Rain
Wind: 10 mph
Humidity: 70%

EVENTS

Memphis Mayor A C Wharton Jr. will present the State of the City address at the Kiwanis Club of Memphis meeting Wednesday, Jan. 9, from noon to 1 p.m. at The University Club of Memphis, 1346 Central Ave. Cost is $18 for nonmembers. R.S.V.P. to bethhaag@comcast.net.

more events »

$1.8 Million Grant to Further Root Canal Breakthrough

Dr. George Huang of the University of Tennessee Health Science Center is attempting to develop a revolutionary new root canal treatment that would actually regrow infected and lost pulp tissue in the roots of diseased teeth.

James Lee House B&B Granted 10-Year Tax Freeze

The James Lee House redevelopment is moving along in Victorian Village.

MEMPHIS NEWSMAKERS

McLain Joins Counterpart in Copywriting Role

Rebekah McLain has joined Counterpart Communication Design as copywriter. In her new role, McLain will write copy for print and websites, with areas of expertise including higher education, security and disability law, neuropsychology and hospitality.

LOCAL COLUMNISTS

Customers Pay More for Better Experience

Despite what you may believe about how price-sensitive consumers are given the economic realities of late, Oracle’s “Customer Experience Impact Report” indicates 86 percent of customers would pay 25 percent more for a better customer experience.

The Happy Virus

To celebrate the New Year, we’ll begin this week’s column with an unconventional source of wisdom for business, the great Persian poet Hafiz:

STATEWIDE

HOPE Scholarship Funding Running Out for Some

KNOXVILLE, Tenn. (AP) – A legislative bill passed two sessions ago is catching up with students who have lottery scholarships, and many find their funding severely cut.

STATE GOVERNMENT

Tennessee Lawmakers Convene for 108th General Assembly

NASHVILLE (AP) – State lawmakers convened Tuesday for the 108th Tennessee General Assembly that is expected to take up measures ranging from allowing wine in supermarkets to permitting teachers to be armed in school.

Harwell's Bill Limit Proposal Finds GOP Resistance

NASHVILLE (AP) – House Speaker Beth Harwell's attempt to reel in the number of bills introduced each legislative session was met with resistance among some of her Republican colleagues as the legislative session got under way on Tuesday.

Media, State Lawyers Argue Over Children’s Services Disclosures

NASHVILLE (AP) – The Tennessean newspaper and a group of Tennessee news organizations have asked a judge to open records from the Department of Children's Services, arguing that the public needs information that would reveal how the state handled cases where children they had investigated died or nearly died.

NATIONAL BUSINESS

US Consumer Debt Rises on More Car, School Loans

WASHINGTON (AP) – U.S. consumers borrowed more in November to buy cars and attend school, but stayed cautious with their credit cards.

NATIONAL GOVERNMENT

Tax Filing Season Starts Jan. 30 for Most Filers

WASHINGTON (AP) – The Internal Revenue Service says late changes to federal tax laws should mean only a short delay for most taxpayers to file their 2012 returns.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 73 220 17,575
MORTGAGES 83 246 22,897
FORECLOSURE NOTICES 5 38 4,467
BUILDING PERMITS 206 514 41,739
BANKRUPTCIES 52 176 16,568
BUSINESS LICENSES 20 50 5,751
UTILITY CONNECTIONS 97 196 25,067
MARRIAGE LICENSES 12 66 5,351

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