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VOL. 129 | NO. 134 | Friday, July 11, 2014

D. Canale to Open Distillery, Public Tasting Facility

Longtime Memphis food and beverage wholesaler D. Canale & Co. will develop a spirits distillery and public tasting room at 301 S. Front St. Downtown.

Cargill to Invest $45 Million in West Memphis Facility

Cargill Inc. will invest $45 million to build a grain handling and shipping facility in West Memphis, the company announced Friday, July 11.

After the Flood

Questions remain about future of Wheel Estate Mobile Home Park

When the flood water and debris from Nonconnah Creek receded last week from the Wheel Estate Mobile Home Park on East Brooks Road, it exposed a set of familiar issues for such properties in Memphis.

Wharton: Focus is to Get Officers Back to Work

Talks in recent days among city leaders and the heads of the police and fire unions have focused on ending the sick-out among police and firefighters since the Fourth of July holiday week that appears to have leveled off.

City to Issue Cease-and-Desist Notices to Rideshare Services

The city of Memphis will ask popular ridesharing services such as Uber and Lyft to cease and desist operations until they acquire city permits.

Local Weather
Today
Memphis, TN
41°F
Fair
Wind: 9 mph
Humidity: 49%

EVENTS

Playhouse on the Square will present the regional premiere of “4000 Miles” Friday, July 11, through Aug. 3 at TheatreWorks, 2085 Monroe Ave. Buy tickets at playhouseonthesquare.com.

more events »

Grizzlies Sign Udrih to Two-Year Deal

The Memphis Grizzlies assured themselves of having an experienced back-up point guard to begin next season by re-signing Beno Udrih to a two-year contract.

Chamber Launches Young Professionals Group

Before a concert gets underway, musicians will run through a soundcheck that serves as a kind of warm-up to the main event, during which participants can make suggestions for tweaks before the big show and can make sure that everything is done that needs to be.

Pathmark Inks Lease at I-Bank Tower

A longtime third-party logistics company is on the move.

Budget Reality Informs Response to Sick-Outs

For about a year, Memphis Fire Department Director Alvin Benson has been taking ladder trucks out of service to deal with firefighters on vacation and on sick leave at much lower levels than those that surfaced Wednesday.

SPORTS

Tommy John Surgery Growing More Common

Envision a baseball board game with dice and a spinner in which players try to go from Little League to pitching and winning Game 7 of the World Series.

LeBron’s Contract: Best Bargain in Sports

The money can drive you crazy, if you let it. Each day in Memphis we’re reading about “blue flu” and the city’s ongoing financial crisis.

LOCAL COLUMNISTS

We’re All Invited

MEMPHIS, SERVED IN THE SHELL. Following up last week’s column, this from a reader:

Leveling the Playing Field

One of the biggest struggles many job seekers face is gathering enough information. It’s important to understand how much a company pays, if the environment is healthy, and how the interview process works.

STATEWIDE

UAW: 'Consensus' Reached With Volkswagen on Union

NASHVILLE (AP) – United Auto Workers leaders said Thursday they have reached a "consensus" with Volkswagen and expect the German automaker to recognize the union if they sign up enough workers at a new local for the company's assembly plant in Tennessee.

NATIONAL BUSINESS

More 'Headline-Grabbing' Corporate Deals Expected

LONDON (AP) – More "headline-grabbing" acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing.

US Unemployment Aid Applications Fall to 304,000

WASHINGTON (AP) – Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.

US Wholesalers Slow Restocking as Sales Weaken

WASHINGTON (AP) – U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales.

NATIONAL GOVERNMENT

Fed No. 2 Fischer Says Care Needed to Avert Crisis

WASHINGTON (AP) – The Federal Reserve's new No. 2 official says regulators must continue to work to end the need for the government to bail out big banks in a crisis. Stricter capital requirements, rather than breaking up the biggest banks, is the better remedy, he says.

US Unemployment Aid Applications Fall to 304,000

WASHINGTON (AP) – Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 378 15,444
MORTGAGES 67 456 20,235
FORECLOSURE NOTICES 12 121 4,007
BUILDING PERMITS 175 1,046 36,888
BANKRUPTCIES 58 290 14,633
BUSINESS LICENSES 16 80 5,209
UTILITY CONNECTIONS 76 388 22,205
MARRIAGE LICENSES 28 111 4,774

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