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VOL. 129 | NO. 73 | Tuesday, April 15, 2014

Mortgage Market Sees Small First-Quarter Gains

Shelby County’s mortgage market started off 2014 a bit tame, not as chilly as the weather but not exactly bursting with energy either.

New Media Explosion

Flurry of digital media outlets launching in Memphis

One of the defining features of a traditional newspaper is the content bundle, a broad selection of topics and stories meant to appeal to the widest group of readers possible.

Wharton Takes Budget to City Council

Memphis Mayor A C Wharton Jr. takes a budget proposal to the Memphis City Council Tuesday, April 15, that is supposed to be a departure for an administration that, since 2010, has come to the council with options instead of a total budget plan.

Brewery Project Looks for Answers

When the Untapped event at the Tennessee Brewery ends June 1, the fortress-like landmark on the south bluffs will still be tentatively slated for demolition in August.

Neely’s Bar-B-Que Considering Memphis Return

After leaving the local restaurant scene nearly two years ago, Neely’s Bar-B-Que could be making a comeback to Memphis.

Local Weather
Today
Memphis, TN
45°F
Mostly Cloudy
Wind: 3 mph
Humidity: 82%

EVENTS

Memphis Rotary Club will meet Tuesday, April 15, at noon at the University Club of Memphis, 1346 Central Ave. James Silkenat, president of the American Bar Association, will speak. Cost is $20 at the door. Advance RSVP is required to taylor@memphisrotary.org.

more events »

Tennessee Lags in Organ Donor Registration

Attitudes about the donation of organs for transplantation are very supportive, a recent national study found, but the percentage of people who have granted permission on their driver’s license lags behind, and this is especially true in Tennessee.

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.

Thomas Relishes Homecoming in NBA Uniform

With less than eight minutes left in a game his team was clearly going to lose, No. 7 came onto the court to audible cheers and applause.

GOVERNMENT AGENDA

April 15 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, April 15, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Dallas Company Buys Macon Road Center

6100 Macon Road, Memphis, TN 38134, Sale Amount: $1.2 million, -
An affiliate of Dallas-based The PNL Cos. has paid $1.2 million for the 30,000-square-foot shopping center at 6100 Macon Road in Northeast Memphis.

LOCAL COLUMNISTS

The Business Case for Investing in Green Space

Editor’s Note: This column will appear Tuesdays through April in honor of Sustainability Month for Memphis and Shelby County.

How to Work With a Fundraising Professional

Part one in a two-part series. Are you an executive director who wonders why his development staff doesn’t raise more money? A college president who wishes her vice president was ahead of goal?

Enjoy the Brewery While It's Still Here

I’ve been looking at the Tennessee Brewery for years. I used to have an office next door, and now from my agency’s current location, I can see its majestic, Romanesque arched windows towering over the South Main Arts District.

STATE GOVERNMENT

Sponsor Says He Would Raise Money for Open Carry

NASHVILLE (AP) – The House sponsor of a bill seeking to do away with permit requirements to openly carry is offering to raise the estimated $100,000 cost from private sources.

NATIONAL BUSINESS

Is Hot Market for IPOs Cooling?

NEW YORK (AP) – A hot market for initial public offerings may soon face a cooler reception from investors.

US Retail Sales Up Strong 1.1 Percent in March

WASHINGTON (AP) – U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products.

Southwest Says Profit-Sharing Nearly Doubles

DALLAS (AP) – Southwest Airlines says employees will get a record $228 million in profit-sharing this year, nearly double the payout of a year ago.

HEALTH CARE

Report Projects Health Care Costs to Dip Slightly

WASHINGTON (AP) – The Affordable Care Act's health insurance subsidies will cost a little less than previously thought, according to a new report released Monday.

TECHNOLOGY

Netflix's Comcast Deal Improves Quality of Video

SAN FRANCISCO (AP) – Netflix's videos are streaming through Comcast's Internet service at their highest speeds in 17 months, thanks to tolls Netflix pays Comcast for a more direct connection to its network.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 69 311 15,028
MORTGAGES 83 338 19,668
FORECLOSURE NOTICES 0 43 3,838
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 61 243 14,277
BUSINESS LICENSES 16 120 5,111
UTILITY CONNECTIONS 70 316 21,749
MARRIAGE LICENSES 0 75 4,632

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