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VOL. 128 | NO. 195 | Monday, October 7, 2013

Memphis Housing Market Waiting for Shutdown Impact

The shutdown of the U.S government has had a minimal impact on the local housing market so far, but that could change if the shutdown stretches on for a week or more.

Helping the Homeless

Genesis House doubles capacity for veterans

Genesis House, a shelter for homeless men and women run by Catholic Charities of West Tennessee, is doubling its capacity for veterans suffering from mental illness and addiction. The home is expanding from five to 10 the number of beds reserved for veterans – good news for the organization following the closure of two of its other programs for the homeless earlier this year because of a lack of new funding.

Synk to Lead Business Growth Workshop

One often-heard quote about the importance of strategizing makes the point that someone who fails to plan is essentially planning to fail.

Olive Branch Factory to Close, Laying Off 100

OLIVE BRANCH, Miss. (AP) Closure Systems International Inc. will shutter its Olive Branch factory in December, laying off 100 people.

Crossing Local Party Lines Becoming Hazardous

Call it fallout from the local Democratic executive committee’s censure last month of Shelby County Commission Chairman James Harvey.

Local Weather
Today
Memphis, TN
72°F
Fair
Wind: 0 mph
Humidity: 84%

EVENTS

The National Association of Women Business Owners, Memphis chapter will meet Tuesday, Oct. 8, at 11:30 a.m. at Chickasaw Country Club, 3395 Galloway Ave. Shawn Karol Sandy, chief revenue officer for The Selling Agency, will discuss flawed growth strategies and how to build an actionable sales strategy. Tickets in advance are $25 for members and $30 for nonmembers; tickets at the door are $35. Visit nawbomemphis.org.

more events »

Increasing Teacher Pay Next Goal for Haslam

Tennessee Gov. Bill Haslam signaled last week that the next front in an increasingly vocal debate about education reform in the state will be over increasing teacher pay.

SMALL BUSINESS SPOTLIGHT

Watch Your Language Serves as Professional Grammar Police

Most people probably have one, the self-described grammar police ready to correct an error in tense or any participle left dangling.

LOCAL COLUMNISTS

The Lesson of the Zax

As I sit down to write my article this week, all non-essential people working for the federal government are on furlough. All, that is, except for the most non-essential of all government employees – our Washington politicians.

TigerLIFE Leads to Better Lives

It is a well-worn adage that what gets you to the top is the people with whom you surround yourself. This is true for individuals as well as for organizations, institutions, and cities. Memphis is no different in its collective vision of being at the top of those “Best of” lists. Based on current announcements, Memphis is faring well, and getting better.

STATEWIDE

TVA Says Fiscal 2013 was Record Year for Hydro

KNOXVILLE (AP) – The Tennessee Valley Authority says fiscal 2013 was a record year for hydroelectric power generation.

STATE GOVERNMENT

Watson to Retire From Tennessee Legislature

NASHVILLE (AP) – State Rep. Eric Watson, the chairman of the House Criminal Justice Committee, says he won't seek re-election to the Legislature next year and will instead run for sheriff of Bradley County.

TECHNOLOGY

Twitter Dishes Tantalizing Tidbits in IPO Treatise

SAN FRANCISCO (AP) – Twitter, a privately held company built on blurbs, has finally laid itself bare in documents that read more like a treatise than a tweet.

Twitter's Evan Williams May be Worth $1 Billion After IPO

SAN FRANCISCO (AP) – The personal fortune of Twitter co-founder Evan Williams probably will take up 10 characters once the online communications company goes public.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

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