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VOL. 128 | NO. 145 | Friday, July 26, 2013

International Paper's Second-Quarter Net Income Nearly Doubles

MEMPHIS (AP) International Paper Co., the paper and packaging company, said Thursday, July 25, that its second-quarter net income nearly doubled as it raised its prices for its boxes.

Logjam

Overton Park Conservancy seeks parking solutions

The Overton Park Conservancy is using the summer-to-fall lull at the park to take another look at how to handle the large crowds the park draws as it adds and renovates attractions.

Judge: Nineteenth Century Club Owners Can Raze Building

A judge ruled Wednesday, July 24, that the owners of the historic Nineteenth Century Club building on Union Avenue can move forward with plans to demolish the property.

Former Theater Site Heads to Auction Block

The Internal Revenue Service is auctioning a Midtown building with an interesting history.

Survey: Time Spent on Social Media Growing

Judging by the public opinion survey released this week by Obsidian Public Relations in partnership with Research Dynamics Inc., the digital grid in Memphis is pulsating more than ever these days as a growing number of consumers joins the ranks of the connected.

Local Weather
Today
Memphis, TN
44°F
Cloudy
Wind: 7 mph
Humidity: 68%

EVENTS

Germantown Community Theatre and the Salvation Army Kroc Center will present “Peter Pan” Friday, July 26, through Sunday, July 28, at the theater, 3037 Forest Hill-Irene Road; and Friday, Aug. 2, through Sunday, Aug. 4, at the Kroc Center, 800 East Parkway S. For more information, visit gctcomeplay.org or call 937-3023.

more events »

SPORTS

Baseball Can’t Shake PED Drama

You know that baseball is nowhere close to solving its PED problem when on the same day the Ryan Braun 65-game suspension story breaks, one Manny Ramirez is playing at AutoZone Park for the Texas Rangers’ Triple-A team.

Carpenter Comeback in Jeopardy

There was a moment, albeit a fleeting one, when it looked like Chris Carpenter was on the way back to St. Louis.

MEMPHIS STANDOUT

Commissioner Harvey Home to Stay

As the Shelby County Commission began debating whether or not property tax rates caused homeowners and small-business owners to move out of the county, one commissioner was preparing to move to Dallas.

LOCAL COLUMNISTS

Let’s All See the Light

ROAD TRIP TO MEMPHIS Recently, I visited my brother in Washington. His home is in the shadow of the National Cathedral, and I strolled up the hill for another pilgrimage – a bit of reflection among the 231 stained glass windows, a quiet moment shared with the 288 angels, and a chuckle or two under the gaze of the 112 gargoyles and the power of the force from the figure of Darth Vader atop the west tower. Really. He’s up there.

Purposeful Innovations

Many of the Let’s Grow columns discuss practical and theoretical strategies and tactics to help companies better innovate.

REGIONAL

Mississippi River Levels to Drop Over Next 10 Days

VICKSBURG, Miss. (AP) – The U.S. Army Corps of Engineers has reopened the gates at the Steel Bayou structure as Mississippi River levels continue to drop.

NATIONAL BUSINESS

Trucking Companies Argue Against Pilot Settlement

PORTLAND, Maine (AP) – A group of trucking companies wants to move ahead with lawsuits against the truck-stop chain owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam.

Southwest Airlines' Second-Quarter Profit Slips 2 Percent

DALLAS (AP) – Southwest Airlines is getting a small break at the fuel pump, and that's helping it to slightly beat Wall Street expectations for profit.

NATIONAL GOVERNMENT

Striking Back Against Court's Voting Rights Ruling

WASHINGTON (AP) – The Obama administration opened an aggressive new front in the battle over voter protection Thursday, singling out Texas for legal action and promising broader efforts to come after last month's Supreme Court ruling that wiped out a major provision of the Voting Rights Act.

TECHNOLOGY

Industry Finalizing New Mobile App Guidelines

WASHINGTON (AP) – Industry groups and privacy advocates on Thursday were near agreement on voluntary guidelines for mobile apps that should make it easier for consumers to know what personal information is getting sucked from their smartphone or tablet and passed along to marketers.


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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 6 82 4,510
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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