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VOL. 129 | NO. 70 | Thursday, April 10, 2014

Startup Conference Prepares to Return to Memphis

Final preparations are underway for the startup-focused Everywhere Else conference, which is returning to Memphis at the end of the month after its launch here last year and will bring entrepreneurs, investors and creatives from around the country to the Bluff City.

New Perspective

Foundation shines light on Lt. George W. Lee’s life

When the U.S. Postal Service closed its branch office at 826 Mississippi Blvd. near E.H. Crump Boulevard in 2012, workers carted off an oil painting that hung there for several decades with little thought about the man portrayed in the painting.

Sweetie Pie’s Signs at Fourth and Beale

The Beale Street entertainment district has a new tenant on its eastern border with Fourth Street in a space that has been closed for 12 years.

Collierville Explores New School Options

The Collierville Schools system is about to start the process of finding a site for a new high school and determining how much it would cost.

Women’s Foundation Honors Five Legends

The list of Legends Awards honorees keeps growing. Since 2009, the Women’s Foundation of Greater Memphis will have honored 32 women with the addition of this year’s five Legends Award honorees. This year’s honorees range in age from 86 to 97 but, if anything, their vast years of experience have served as an inspiration to younger women.

Local Weather
Today
Memphis, TN
75°F
Cloudy
Wind: 3 mph
Humidity: 84%

EVENTS

Rhodes College will host Gary Schmitt, co-director of the Marilyn Ware Center for Security Studies at the American Enterprise Institute, Thursday, April 10, at 4 p.m. in the Frazier Jelke Science Center on campus, 2000 North Parkway. Schmitt will present “In the Wake of Edward Snowden: Security, Civil Liberties and American Intelligence.” Cost is free. Visit rhodes.edu.

more events »

Landmark Community Bank Makes Acquisitions

Collierville-based Landmark Community Bank has completed acquisitions of Cadence Bank branches in Franklin and Brentwood.

LOCAL COLUMNISTS

Diversify to Help Your Taxability

Ray’s Take: Planning for the tax portion of your retirement can have an important impact on the longevity and quality of retirement savings. Various investment and savings instruments are taxed in different ways, so building a pool with different levels can help you with your taxes.

Constantly Commenting Coach

On the day after a certain university’s basketball team hung in there and won a game, a sports-oriented radio station repeatedly aired an excerpt of an interview with the winning head coach. Here’s a snippet: “We got cold. Couldn’t make any shots. … But I thought our defense was a constant. It was the constant denominator.” The constant what?

Renewing Our Vows

Last week, U.S. indices ascended briefly back into record territory on supportive comments from global powerbrokers.

STATE GOVERNMENT

Senate to Vote on Tennessee's $32.4 Billion Spending Plan

NASHVILLE (AP) – The state Senate is poised to vote on a $32.4 billion spending plan for the budget year beginning in July.

Haslam Examining Ramifications of Open Carry Bill

MURFREESBORO, Tenn. (AP) – Gov. Bill Haslam says his administration is carefully examining the ramifications of a bill passed by the Senate that would allow Tennesseans to openly carry guns without state-issued permits.

House Approves 'In God We Trust' Signage Bill

NASHVILLE (AP) – A bill calling for the phrase "In God We Trust" to be painted in the tunnel that connects the Tennessee Capitol and the Legislative Plaza has been approved by the House.

NATIONAL BUSINESS

Bank of America Paying $772 Million Over Credit Card Extras

WASHINGTON (AP) – Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't receive.

NATIONAL GOVERNMENT

Minutes Show Fed Struggled to Agree on Rate Policy

WASHINGTON (AP) – The Federal Reserve struggled last month over how to convey to investors that it will raise short-term interest rates only slowly once it increases them from record lows.

HEALTH CARE

Report: Exchanges Yield More Specialty Drug Claims

Patients from the health care overhaul's new insurance exchanges have been more likely to use expensive specialty drugs for chronic conditions, according to data from the nation's largest pharmacy benefits manager.

Medicare Database Reveals Top-Paid Doctors

WASHINGTON (AP) – Medicare paid a tiny group of doctors $3 million or more apiece in 2012. One got nearly $21 million.

TECHNOLOGY

'Heartbleed' Bug Causes Major Security Headache

SAN FRANCISCO (AP) – A confounding computer bug called "Heartbleed" is causing major security headaches across the Internet as websites scramble to fix the problem and Web surfers wonder whether they should change their passwords to prevent theft of their email accounts, credit card numbers and other sensitive information.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 238 10,116
MORTGAGES 103 297 13,172
FORECLOSURE NOTICES 20 60 2,598
BUILDING PERMITS 192 562 24,086
BANKRUPTCIES 75 227 9,760
BUSINESS LICENSES 20 71 3,674
UTILITY CONNECTIONS 126 390 14,353
MARRIAGE LICENSES 15 68 3,131

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