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VOL. 129 | NO. 10 | Wednesday, January 15, 2014

Building Permits Dip in 2013

Last year turned out to be a mixed bag for Shelby County homebuilders, who filed fewer permits in 2013 than they did in 2012 but sold slightly more homes.

Hip Preservation

Campbell Clinic program treats joint issues for children, young adults

Looking back, Cathy Rogers sees there were clues that then seemed mere oddities.

‘Tax Dead’ Program Clears First Hurdle

Shelby County Commissioner Steve Mulroy scrambled Monday, Jan. 13, to overcome some of the nagging questions about an anti-blight initiative aimed at “tax dead” properties and overcame most of them for now.

New Plan to Spur Entrepreneurship Growth

On one of the first pages of a more than 80-page plan to kick start entrepreneurial growth in the Memphis area, a reader is greeted with a stark assessment.

Newest County Commissioner Takes Seat

The newest Shelby County Commissioner is not a newcomer to politics.

Local Weather
Today
Memphis, TN
85°F
Mostly Cloudy
Wind: 10 mph
Humidity: 48%

EVENTS

Talk Shoppe will meet Wednesday, Jan. 15, from 9 a.m. to 10 a.m. at DeVry University, 6401 Poplar Ave., sixth floor. Author and business owner Jay Myers will present “Hitting the Curve Ball.” Cost is free. Visit talkshoppe.biz or call Jo Garner at 482-0354.

more events »

What a Difference Year Makes for Goodwin

Months before the first practice, Tigers coach Josh Pastner believed in the fitter, more committed version of Shaq Goodwin that returned to the University of Memphis for his sophomore season.

City, County Differ on Fairgrounds Zone

The city of Memphis and Shelby County governments have a difference of opinion about tax revenue and education funding.

MEMPHIS NEWSMAKERS

Shankman-Cohn to Lead Interior Design Coalition

Leslie Shankman-Cohn has been elected the 2014 president of the Tennessee Interior Design Coalition, a statewide coalition committed, through legislative and regulatory endeavors, to enhance and protect the right to practice interior design. Shankman-Cohn is a partner in Jill Hertz Interior Design, a division of Eclectic Interiors. She specializes in custom-designed furniture, space planning, furnishings and finishes specifications, universal design, Aging in Style and sustainable design issues.

LOCAL COLUMNISTS

Your Biggest Competitor is Indecision

Ask about anyone in business about their biggest competition, and they’ll likely offer up the name of a rival company. I’d argue that for most companies, the fiercest of all competitors is prospect indecision and apathy – the predominant deal-killers faced by sales teams day in and day out.

Consider Selling Momentum, Buying Contrarian

The S&P 500 has been the world’s performance bell cow since the great recession on the relative strength of the U.S. economic recovery. The S&P 500 has outperformed the MSCI All World ex USA All Cap Index by 17 percent over the last year, 11 percent annualized over the last three years and 5 percent annualized over the last five years.

MEMPHIS AREA

Grizzlies Honor Bernard King, Mutombo, JoJo White

MEMPHIS (AP) — The Grizzlies will be honoring a trio of former NBA players in Bernard King, Dikembe Mutombo and JoJo White as part of Memphis' celebration of Martin Luther King Day on Monday.

STATEWIDE

Judge Rules Judicial Evaluation Commission Invalid

NASHVILLE, Tenn. (AP) — A Nashville judge has ruled that the panel that evaluates Tennessee's appellate judges is invalid because it does not have enough female members.

36,000 in Tennessee Enroll Through Insurance Marketplace

NASHVILLE, Tenn. (AP) — More than 36,000 Tennesseans have signed up for coverage under the new health insurance exchange established under President Barack Obama's law.

REGIONAL

Economist: Government is Top Employer in Mississippi

JACKSON, Miss. (AP) — Government is Mississippi's largest employer these days, state economist Darrin Webb told lawmakers Tuesday.

Beebe Proposes $5 Billion Budget

LITTLE ROCK, Ark. (AP) — Arkansas' public schools and prisons would get funding boosts under a $5 billion budget plan Gov. Mike Beebe unveiled Tuesday. But his administration warned that the state could face a sizable hole in the budget if lawmakers follow through with a plan to halt an expansion of Medicaid.

NATIONAL BUSINESS

More Flights Running Late in Latest US Figures

Airlines are falling behind when it comes to keeping flights on schedule, but fewer passengers are complaining to the government.

US Retail Sales Inch Up, But Holiday Spending Weak

WASHINGTON (AP) — Americans bought more clothes in December, shopped more frequently online and ate out more often, providing a boost to economic growth at the end of the year. But sales at most traditional stores declined, as the holiday shopping season ended on a lackluster note.

US Businesses Boost Stockpiles 0.4 Percent in November

WASHINGTON (AP) — U.S. companies built up their stockpiles in November as their sales improved. Continued growth in inventories suggests businesses believe consumers will increase spending in the months ahead.

JPMorgan's Dimon: Target Breach is Wake-Up Call

NEW YORK (AP) — More Target-sized security breaches will happen if banks and retail stores don't start working together to further protect customers' data, JPMorgan Chase CEO Jamie Dimon said Tuesday.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 70 224 13,880
MORTGAGES 105 298 18,124
FORECLOSURE NOTICES 16 55 3,560
BUILDING PERMITS 0 430 32,733
BANKRUPTCIES 81 211 13,214
BUSINESS LICENSES 23 68 4,773
UTILITY CONNECTIONS 103 307 20,206
MARRIAGE LICENSES 39 72 4,269

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