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VOL. 129 | NO. 71 | Friday, April 11, 2014

Schools Leaders Outline Budget Goals

The Shelby County Commission and Shelby County Schools leaders eased into what is likely to be the most difficult discussion of county government’s budget season – funding the county’s school district in the first academic year of the demerger.

Charlotte’s World

NFL’s ‘most influential woman’ speaks in Memphis

The first sentence of a recent national news story described Charlotte Jones Anderson as the “most influential woman in the NFL.”

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.

Cates, Kornegay Take Majority Stake in Colliers’ Memphis Office

Two longtime members of Colliers International's Memphis office have taken a majority stake in the real estate company.

Loeb Midtown Center Now Fully Leased

Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.

Fundraising Help for Orchestra Continues

The Kickstarter campaign to raise at least $25,000 for the financially struggling Memphis Symphony Orchestra has beaten its goal, pulling in a little more than $28,500.

SPORTS

Grizzlies Ice Heat in ‘Huge’ Win

A day earlier, the Grizzlies had talked a like a team that had misplaced its identity. The coach spoke of the team losing its “swagger.” The players spoke of still having everything in front of them – “we control own destiny” was mentioned more than once – and yet the prevailing feeling was one of doubt.

Tony Back to Being Tony in Key Win

Someday a professor of sports science will write a book on the Grizzlies’ Tony Allen or the good professor’s head will explode in the trying.

LOCAL COLUMNISTS

Feed the Imagination

SHOPPING FOR SOMETHING DIFFERENT. The courtyard you’re in was once stacked with wooden cases, the food trucks you see were once mule-drawn wagons waiting to load those cases, the locally-brewed beer you’re sipping the reincarnation of what filled them, the live music you hear covering the century-old echoes of the South’s once busiest brewery – the Tennessee Brewery.

The Grey Ceiling: Beating Ageism

The unfortunate truth of today’s job searching climate is that applying for jobs is competitive – very competitive. Employers can be picky about who they hire and how much they’re willing to pay. For many job seekers over 50, the search process is a longer, harder road than they remember from years past.

STATEWIDE

Enovate Medical Expanding in Murfreesboro

NASHVILLE (AP) – State officials say medical device company Enovate Medical plans to expand its operations at its U.S. headquarters in Murfreesboro, adding 410 jobs in the next five years.

STATE GOVERNMENT

Lawmakers Approve $32.4 Billion Spending Plan

NASHVILLE (AP) – Lawmakers have approved the state's $32.4 billion spending plan for the budget year beginning in July.

Senate Approves Haslam's School Voucher Bill

NASHVILLE (AP) – The Senate has approved Gov. Bill Haslam's proposal to create a school voucher program in Tennessee.

Open Carry Bill Presents Haslam Campaign Flashback

MURFREESBORO, Tenn. (AP) – Gov. Bill Haslam said Wednesday that 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.

Senate Authorizes Electric Chair for Executions

NASHVILLE (AP) – The Tennessee Senate has voted to allow the state to electrocute death row inmates if lethal injection drugs cannot be obtained.

NATIONAL BUSINESS

Family Dollar to Close Stores as Shoppers Pinched

NEW YORK (AP) – Dollar stores are feeling the pinch from mounting financial pressures on low-income shoppers.

Wal-Mart and Wild Oats Unveil Cheaper Organic Line

NEW YORK (AP) – Wal-Mart is using its massive size to drive down the price of organic food items from tomato paste to chicken broth to make them more affordable for its low-income customers.

NATIONAL GOVERNMENT

House Passes Ryan Budget With Big Cuts

WASHINGTON (AP) – House Republicans rallied behind a slashing budget blueprint on Thursday, passing a non-binding but politically imposing measure that promises a balanced federal ledger in 10 years with sweeping budget cuts and termination of health care coverage under the Affordable Care Act.

REAL ESTATE

Average US 30-Year Mortgage Rate Down to 4.34 Percent

WASHINGTON (AP) – Average U.S. rates on fixed mortgages declined this week, edging closer to historically low levels as the spring home-buying season begins.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 238 10,116
MORTGAGES 103 297 13,172
FORECLOSURE NOTICES 0 40 2,578
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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