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VOL. 129 | NO. 158 | Thursday, August 14, 2014

Graceland Expansion Ready to Rock

After nine years of different ownership and talk of a $250 million expansion beyond Elvis Presley’s mansion, the revitalization of Graceland into a 120-acre campus gets underway Thursday, Aug. 14.

Roast of the Town

Wholesale coffee business Relevant Roasters to open on Broad

If you catch Jimmy Lewis these days and get him talking about coffee roasting, chances are he might never stop.

LYFE Kitchen Moving to Memphis

LYFE Kitchen, a unique California-based restaurant concept, will move its headquarters to Memphis and open two locations – one in Downtown and another in East Memphis.

Fresh Market Debuts Midtown Store

For a while now Central Gardens resident Tom Clifton has been driving to East Memphis to get his groceries.

Developers Try Again on Proposed Highland McDonald's

The developer behind a proposed McDonald’s on Highland Avenue near the University of Memphis is making another attempt at the project.

Local Weather
Today
Memphis, TN
65°F
Mostly Cloudy
Wind: 9 mph
Humidity: 40%

EVENTS

Church Health Center Wellness and Bring It Food Hub will hold a Bring It, Cook It, Take It cooking class Thursday, Aug. 14, at 5:30 p.m. at 1115 Union Ave. The class will include cooking demonstrations using fresh produce, plus tastings and recipes. Cost is $5 and includes a bag of produce. Visit churchhealthcenter.org.

more events »

McIver Makes Push for Legal Aid Into Broader Community

For Harrison McIver, receiving the American Bar Association’s Dorsey Award this month at the ABA’s annual meeting in Boston was a special honor.

U of M’s Rudd Touts Freshmen Growth

The student population at the University of Memphis is growing, but the city’s largest higher education institution is becoming more selective about those who apply for admission.

Memphis In May Ends Fiscal Year on High

The Memphis in May International Festival finished its fiscal year with about $180,000 more in revenues than expenditures.

Actor Rob Lowe to Headline Cancer Center Fundraiser

The annual Methodist Cancer Center Luncheon has a track record of bringing in speakers with high name recognition, from actor Michael Douglas to former first lady Laura Bush to network anchorman Tom Brokaw to actress Sally Field.

LOCAL COLUMNISTS

Over 50 – Should You ‘Catch Up’?

Ray’s Take: If you’re age 50 or older, you can make extra “catch-up” contributions to certain types of tax-favored retirement accounts.

Rail Houses in Art, Elsewhere

Editor’s note: This is the second in a three-part series.

Where the Values Aren’t

Downturns, while painful, can be very useful for the information they provide.

STATEWIDE

Tennessee's Corker Won't Rule Out Presidential Bid

LAWRENCEBURG, Tenn. (AP) – Tennessee Sen. Bob Corker said Wednesday he isn't ruling out joining the field of Republicans running for president in 2016, but any decision would wait until next year.

TVA: Watts Bar More Than 90 Percent Complete

SPRING CITY, Tenn. (AP) – The Tennessee Valley Authority says work on the Watts Bar Nuclear Plant is more than 90 percent complete.

NATIONAL BUSINESS

Sentencing Changes Sought for Business Crimes

WASHINGTON (AP) – The federal panel that sets sentencing policy eased penalties this year for potentially tens of thousands of drug dealers. Now, defense lawyers and prisoner advocates are pushing for similar treatment for an arguably less-sympathetic category of defendants: swindlers, embezzlers, insider traders and other white-collar criminals.

US Businesses Boosted Stockpiles 0.4 Percent in June

WASHINGTON (AP) – U.S. businesses added to their stockpiles at a slightly slower pace in June compared with May, possibly reflecting weaker sales in the past two months.

TECHNOLOGY

Amazon Debuts Mobile Payment App and Card Reader

NEW YORK (AP) – Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 368 16,413
MORTGAGES 66 422 21,432
FORECLOSURE NOTICES 15 76 4,266
BUILDING PERMITS 176 877 39,378
BANKRUPTCIES 60 294 15,542
BUSINESS LICENSES 20 98 5,491
UTILITY CONNECTIONS 69 423 23,573
MARRIAGE LICENSES 17 95 5,035

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