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VOL. 129 | NO. 156 | Tuesday, August 12, 2014

Midtown Corner Could See Turnaround

While Midtown as a whole is experiencing a resurgence, two properties at the key intersection of Union Avenue and McLean Boulevard remain vacant, decaying eyesores.

Curtains Up

New Season of Tennessee Shakespeare Co. set to begin

As counterintuitive as it might sound, the more digitized and interconnected people get, the more they seem to appreciate the handiwork of Dan McCleary and the fellow live theater proponents who work with him.

Freshman Class Up 12 Percent at University of Memphis

When the academic year at the University of Memphis begins Aug. 25, the number of first-time freshmen at the school will increase over the previous year for the first time in three years.

Supreme Court Retention Clash Likely to Continue

Both sides declared victory when the three Tennessee Supreme Court justices were retained by voters in the Thursday, Aug. 7, statewide judicial elections.

Pressure Builds to Grant More Tax Breaks

The head of the Economic Development Growth Engine organization says there is another side to the controversy over granting property tax abatements through payments-in-lieu-of-taxes that isn’t heard in the current civic discussion about the incentives.

Local Weather
Today
Memphis, TN
40°F
Mostly Cloudy
Wind: 12 mph
Humidity: 65%

EVENTS

The Center City Revenue Finance Corp. will meet Tuesday, Aug. 12, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

more events »

Harvey Offers Advice to New County Commissioners

Who swears in the judges who will be swearing in other county leaders later this month when they all begin their terms of office?

Harahan Rebid Comes in $5 Million Lower

Preliminary bids on the Harahan Bridge pedestrian and bicycle boardwalk and a West Memphis trail system connecting to the bridge came in $5 million lower than the first round of bids on the projects.

Nucor Steel Files Arkansas Lawsuit Over Steel Mill

OSCEOLA, Ark. (AP) – Nucor Steel has filed a lawsuit in federal court in an attempt to block a competitor from opening a mill in a northeastern Arkansas county.

Democratic Chairman Apologizes as Party Parses Defeats

Democrats don’t consider it a successful campaign season unless there is some kind of intra-party dust up, the political axiom goes.

Redbirds' Pham Named PCL Player of the Week

To coin a really corny phrase, he was Phamtastic.

REAL ESTATE RECAP

New York Firm Buys Retirement Community

996 Cherry Road, Memphis, TN 38117, Sale Amount: $12.9 million -
An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.

LOCAL COLUMNISTS

The First 72 – Don’t Kill Your Fundraising

Asking for a donation to your nonprofit is one component of fundraising. How that gift is processed once it is received is another.

Discovering the World of Travel

What does travel mean? On one hand, it’s a vacation from everyday life, an escape. It’s an opportunity to have your physical pains massaged away in a spa while an ocean breeze momentarily relieves your stress and worry.

STATE GOVERNMENT

Tennessee Attorney General Bob Cooper to Seek Another Term

NASHVILLE (AP) – Tennessee Attorney General Bob Cooper announced Monday he will seek another eight-year term after three Democrats were retained on the Supreme Court.

REGIONAL

ACLU Asks Court to Uphold Arkansas Voter ID Ruling

LITTLE ROCK, Ark. (AP) – The American Civil Liberties Union of Arkansas is asking the state's highest court to uphold a judge's ruling that Arkansas' new voter identification law is unconstitutional.

NATIONAL GOVERNMENT

US Agency Warns Consumers About Bitcoin Risks

WASHINGTON (AP) – Federal regulators are warning consumers about the risks of using virtual currencies such as Bitcoin.

Obama Takes Step to Improve Government Technology

CHILMARK, Mass. (AP) – The White House on Monday announced the creation of a team of digital experts tasked with upgrading the government's technology infrastructure and making its websites more consumer friendly.

US Postal Service Loses $2 Billion This Spring

WASHINGTON (AP) – The U.S. Postal Service lost $2 billion this spring despite increasing its volume and charging consumers more money to send mail, officials said Monday.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 206 16,619
MORTGAGES 84 228 21,660
FORECLOSURE NOTICES 21 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 73 222 15,764
BUSINESS LICENSES 23 51 5,542
UTILITY CONNECTIONS 86 287 23,860
MARRIAGE LICENSES 21 72 5,107

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