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VOL. 129 | NO. 72 | Monday, April 14, 2014

Housing Market Stumbles in First Quarter

Shelby County home sales slowed in the first quarter when compared to the same three-month period in 2013.

Commission Budget Season Begins Quietly

Shelby County Commissioners began their budget season quietly with a first look in committee sessions last week at a $1.2 billion consolidated county budget proposal by Shelby County Mayor Mark Luttrell.

Continental Eyeing Memphis for Tire Facility

The tire division of Continental AG, one of the world’s largest automotive industry suppliers, is eyeing a location on Winchester Road in Memphis for a retreading, service and sales center.

Lewellen Endures in Collierville Hot Seat

James Lewellen has been town administrator for Collierville for 18 years, which is about 16 years more than he expected for a non-elected full-time position known for short stays that end abruptly after elections that produce new mayors.

Mayoral Contenders Differ on Economic Development

Economic development incentives including property tax breaks look to be the real dividing line among the three contenders for Shelby County mayor in the May county primaries.

Local Weather
Today
Memphis, TN
81°F
Partly Cloudy
Wind: 3 mph
Humidity: 67%

EVENTS

Methodist South Hospital will host a stroke support group meeting for survivors and caregivers Monday, April 14, at 5:30 p.m. in the outpatient rehabilitation center, 1251 Wesley Drive, suite 141. Occupational therapists Maggie Lewis and Patricia Morgan will present “Occupational Therapy: Living life to its fullest.” Email patricia.morgan@mlh.org or rushali.naik@mlh.org.

more events »

Shelby County Home Sales Up 6 Percent in March

Shelby County home sales increased in March when compared to the same month last year.

I Choose Memphis: Ragan Washburn

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

GOVERNMENT AGENDA

April 14 Shelby County Commission Agenda

The Shelby County Commission will meet Monday, April 14, at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for an agenda.

SMALL BUSINESS

Distinctive Design Touches Will Dominate Belly Acres

From a visual standpoint, there will be no mistaking Belly Acres, the farm-to-table burger restaurant coming to Overton Square at 2102 Trimble Place, once it opens in the next couple of months.

LOCAL COLUMNISTS

Backend of Innovation

Many of the CEOs we talk to tell us that they have more growth ideas than they know what to do with. It seems like there is a universal love affair with generating ideas but less enthusiasm when it comes to figuring out which ideas are the most commercially viable and how to actually implement.

STATE GOVERNMENT

Lawmakers Look to Wrap Up Session Early This Week

NASHVILLE (AP) – Now that lawmakers have passed an annual spending plan – the lone major piece of legislation the state constitution requires them to approve each year – they are hoping to wrap up the 108th General Assembly as early as Tuesday.

Open Gun Carry Sponsor Moves for Full House Vote

NASHVILLE (AP) – The House sponsor of a bill seeking to remove permit requirements to carry guns openly in Tennessee wants to bypass committees and hold a full floor vote on the measure.

NATIONAL BUSINESS

Savers Beware: Fees May be Shrinking Your 401(k)

WASHINGTON (AP) – It's the silent enemy in our retirement accounts: High fees.

NATIONAL GOVERNMENT

Appeals Court Finds EPA Carbon Decision Reasonable

WASHINGTON (AP) – A federal appeals court says the Environmental Protection Agency acted reasonably in deciding not to change the primary air quality standard for carbon monoxide.

TECHNOLOGY

Heartbleed Could Harm a Variety of Systems

NEW YORK (AP) – It now appears that the "Heartbleed" security problem affects not just websites, but also the networking equipment that connects homes and businesses to the Internet.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 166 10,044
MORTGAGES 105 195 13,070
FORECLOSURE NOTICES 5 40 2,578
BUILDING PERMITS 216 370 23,894
BANKRUPTCIES 82 152 9,685
BUSINESS LICENSES 42 51 3,654
UTILITY CONNECTIONS 103 264 14,227
MARRIAGE LICENSES 29 53 3,116

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