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VOL. 129 | NO. 38 | Tuesday, February 25, 2014

Complaint Alleges Deutsche Bank Discrimination

Deutsche Bank allegedly discriminated against minority neighborhoods in the Memphis area in the way it handled bank-owned properties, according to a complaint filed with the federal government.

Visible Appeal

Visible Music College tells brand story far beyond Memphis

At one point a few days ago, the performance space at Visible Music College near the front entrance to the school was booming with raucous applause and with the strains of musicians performing, cutting loose and using the stage to explore the range of their musical talents.

School Board to Weigh 13 Closings

Shelby County School board members could vote Tuesday, Feb. 25, on a set of 13 school closings the board has been considering since last April.

Commission Approves Nine-District School Board

Shelby County Commissioners approved Monday, Feb. 24, a restructuring of the Shelby County Schools board to nine districts that take in all of Memphis and all of the unincorporated areas of the county but not the six suburban towns and cities in Shelby County.

Fans Welcome ‘Grindfather’ Back

Decades from now, it might be the first story Tony Allen tells. The night Allen returned to the FedExForum court for the Grizzlies, after missing more than a month with a wrist injury, and when he checked into the game he received a standing ovation.

German Eatery Slated for Overton Square

Overton Square will be getting an international flavor with the addition of a German-themed restaurant in the space formerly occupied by Paulette’s.

Strickland: Shorten Pension Ramp-Up

The Memphis City Council chairman thinks the city shouldn’t take five or six years to ramp up to an annual pension fund contribution of $100 million but instead do it in two fiscal years.

Watson Sets Record Straight About Labor Union Views

Tennessee Sen. Bo Watson, a Republican from Hixon, has been showing up in the national media lately, thanks to his public statements against unionization effort at the Volkswagen plant in Chattanooga.

REAL ESTATE RECAP

Polo Shops Sells for $3.1 Million After Foreclosure

7444 Winchester Road, 7464 Winchester Road, Memphis, TN 38125, Sale Amount: $3.1 million -

LOCAL COLUMNISTS

Three Keys to Building Alumni Relations

Colleges and universities look to alumni for financial support. If you attended or graduated from college you likely receive fundraising solicitations from your alma mater.

‘Shredder’ Without Cheese

If you’ve been watching the Olympics, you may have seen a snowboarder injure his ankle, finish that run and then do another, despite having what he later described as a “shredded” ankle. A lot of people think that’s heroic. I agree that it showed courage and determination.

MEMPHIS AREA

Graceland Exhibit Gives Glimpse Into Young Elvis

MEMPHIS (AP) – The telegram sent by Elvis Presley to his parents in November 1954 gives a glimpse into the young singer's priorities and his optimism, as he begins what will become a career as a rock 'n' roll icon and cultural phenomenon.

STATEWIDE

Experts to Begin Investigating Plant Explosion

TOONE, Tenn. (AP) – A response team is expected to begin investigating an explosion at a manufacturing plant in western Tennessee that injured an employee.

REGIONAL

Mississippi Board of Education OKs Common Core Courses

JACKSON, Miss. (AP) – Mississippi's Board of Education approved new Common Core-aligned English and math courses Friday, but not before some board members objected, saying they believe teachers and students need another year to prepare.

NATIONAL BUSINESS

Warren Buffett Offers Lesson in Value Investing

OMAHA, Neb. (AP) – Warren Buffett is offering a refresher course on his approach to investing in his annual letter to Berkshire Hathaway Inc. shareholders.

Netflix Reaches Deal With Comcast

NEW YORK (AP) – Netflix has reached a deal with Comcast to ensure that its TV shows and movies are streamed smoothly to households, the first deal the online video streaming service has reached with an Internet service provider.

NATIONAL GOVERNMENT

Holder Urges Congressional Action on Data Breaches

WASHINGTON (AP) – Attorney General Eric Holder is urging Congress to require businesses to quickly alert consumers and law enforcement agencies in the wake of significant data breaches like the ones at discount retailer Target and at Neiman Marcus.

Supreme Court Seems Divided in Climate Case

WASHINGTON (AP) – The Supreme Court appeared divided on Monday over the sole Obama administration program already in place to limit power plant and factory emissions of gases blamed for global warming.

Governors Erupt in Partisan Dispute at White House

WASHINGTON (AP) – The nation's governors emerged from a meeting with President Barack Obama on Monday claiming harmony, only to immediately break into an on-camera partisan feud in front of the West Wing.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 43 43 12,074
MORTGAGES 78 78 15,834
FORECLOSURE NOTICES 0 0 3,130
BUILDING PERMITS 0 0 28,832
BANKRUPTCIES 97 97 11,768
BUSINESS LICENSES 18 18 4,292
UTILITY CONNECTIONS 190 190 17,922
MARRIAGE LICENSES 43 43 3,711

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