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VOL. 129 | NO. 14 | Wednesday, January 22, 2014

Telecom Company to Open Call Center in Shelby County

A telecommunications-related company will locate a major call center in Shelby County, a project that will create hundreds of new jobs.

Great Expectations

Convention & Visitors Bureau projecting strong 2014

The Memphis Convention & Visitors Bureau forecasts 2014 to be a banner year, thanks to increased consumer confidence with leisure travelers and a booking pace for conventions, meetings and sporting events that is easily outpacing last year.

New Housing Option Comes to Victorian Village

Florence Hervery had been thinking about the next phase of her life for some time.

Business Leaders Optimistic About Local Economy

As they have for a few quarters now, Memphis-area business leaders continue to acknowledge an incremental sense of optimism about specific aspects of their companies and the economy, according to the results of the third Memphis Economic Indicator.

16 Schools To Go Digital With 'Blended Learning' In August

When the new school year begins in August, a group of 16 Shelby County Schools will give students digital devices loaded with a curriculum to allow them to continue what they did in the classroom, while they are away from school.

Local Weather
Today
Memphis, TN
39°F
Cloudy
Wind: 7 mph
Humidity: 86%

EVENTS

Cannon Wright Blount will hold two QuickBooks introduction sessions Wednesday, Jan. 22, from 9 a.m. to 10 a.m. and from 4 p.m. to 5 p.m. at the firm’s office, 756 Ridge Lake Blvd., suite 1000. The sessions are geared to new business owners and business owners who are new to QuickBooks. Cost is free. Visit cannonwrightblount.com/resources to register.

more events »

Council Gets Overview of Public Safety Spending

Memphis City Council members got a first and at times conflicting look Tuesday, Jan. 21, at the hard decisions they could make about city spending on public safety.

Luttrell Says Timing Key to Schools Funding

Shelby County Mayor Mark Luttrell refers to the start two years ago of the reformation of local public education as “chaos and confusion.”

Redbirds Ownership Transition Underway

The transition of the Memphis Redbirds to their new owners, the St. Louis Cardinals, is underway.

Rimmer Murder Case Takes New Path

The Shelby County District Attorney General’s office will not prosecute the second murder trial of Michael Rimmer, opting for a special prosecutor from outside the county.

Tennessee Democrats Struggle With New, Old Factions

Tennessee Democratic Party Chairman Roy Herron realizes the party faithful in Memphis see some challenges in keeping the faith these days.

MEMPHIS NEWSMAKERS

Espitia Joins Michael Hatcher as Chief Financial Officer

Ed Espitia has joined Michael Hatcher & Associates Inc. as chief financial officer. Espitia comes to the Memphis-based landscape services firm after serving since 2010 as finance manager for Schulz Xtruded Products, a Germany-based pipe maker with operations in North Mississippi.

LOCAL COLUMNISTS

Persuading CEOs to Buy

CEO-level sales calls are to salespeople like marathons are to runners. Neither is for the faint of heart, but with risk comes reward.

What to Expect When You’re Expecting

S&P 500 corporate earnings in 2013 likely grew about 6 percent. The S&P 500 price index, however, grew 29.6 percent. The difference between the growth in earnings and the growth in the price index amounts to P/E expansion.

STATEWIDE

Barbic: Diversity Not a Requirement of Charter Schools

NASHVILLE (AP) – The head of an initiative to turn around Tennessee's lowest performing schools is being criticized for stating that charter schools shouldn't be responsible for diversity.

STATE GOVERNMENT

Grocery Wine Bill Negotiations Near Breakthrough

NASHVILLE (AP) – After years of bitter legislative fights over efforts to allow Tennessee grocery stores to sell wine, groups representing liquor stores and supermarkets are nearing an agreement that would give the measure its best ever chances of becoming law.

NATIONAL BUSINESS

Higher-Income Americans Hit Hardest by Tax Changes

WASHINGTON (AP) – Higher-income Americans and some legally married same-sex couples are likely to feel the biggest hits from tax law changes when they file their federal returns in the next few months. Taxpayers also will have a harder time taking medical deductions.

Survey Finds CEOs More Confident on Global Economy

DAVOS, Switzerland (AP) – With the worst of the global financial crisis behind them, CEOs are ready to move on from the fight for survival their businesses have been in for the past few years, a survey found Tuesday.

Consumer Spending Likely to Boost Growth in 2014

WASHINGTON (AP) – Hopes are rising that consumers will drive stronger growth in 2014 after they stepped up spending at the end of last year in the United States and Europe.

HEALTH CARE

Insurance Through Work? Health Law Affects You Too

The health care overhaul's reach stretches far beyond the millions of uninsured Americans it is expected to help. It also could touch everything from the drug choices to doctor bills of people who have insurance through work.

SPORTS

$1 Billion Offered for Perfect Tournament Bracket

DETROIT (AP) – Correctly predicting the outcome of every game in the NCAA men's basketball tournament is no layup.

$1 Billion Offered for Perfect Tournament Bracket

DETROIT (AP) – Correctly predicting the outcome of every game in the NCAA men's basketball tournament is no layup.

Council Gets Overview of Public Safety Spending

Memphis City Council members got a first and at times conflicting look Tuesday, Jan. 21, at the hard decisions they could make about city spending on public safety.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 73 220 17,575
MORTGAGES 83 246 22,897
FORECLOSURE NOTICES 5 38 4,467
BUILDING PERMITS 206 514 41,739
BANKRUPTCIES 52 176 16,568
BUSINESS LICENSES 20 50 5,751
UTILITY CONNECTIONS 97 196 25,067
MARRIAGE LICENSES 12 66 5,351

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