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VOL. 129 | NO. 141 | Tuesday, July 22, 2014

FedEx Could Face $1.6 Billion Fine for Drug Shipments

Starting around 1998, Internet pharmacies – some of which did not require a doctor’s visit or prescription – began proliferating online, turning a corner of the Web into a black market bazaar for prescription pills.

Busy Street

Cafe Pontotoc latest development along bustling South Main

Evidence for the attractiveness of Downtown’s South Main neighborhood can be found in any of several corners.

Mays Dismisses Unions' Claim Against City

U.S. District Judge Samuel “Hardy” Mays has dismissed a 3-year-old lawsuit filed by 13 labor unions representing city employees against the city of Memphis for the 4.6 percent pay cut all city employees took that year.

UTHSC Awarded $3.1 Million in Federal Grants

The U.S. Department of Health and Human Services has awarded the University of Tennessee Health Science Center nine federal grants totaling more than $3.1 million for a variety of programs and research projects.

Cohen Goes On Offense In Wilkins Challenge

For weeks, U.S. Rep. Steve Cohen and Ricky Wilkins, his challenger in the Aug. 7 Democratic Congressional primary have been talking about each other without necessarily directly talking about each other or doing so at length

Local Weather
Today
Memphis, TN
81°F
Partly Cloudy
Wind: 10 mph
Humidity: 26%

EVENTS

The Booksellers at Laurelwood will host “Gone Dead Train” author Lisa Turner for a discussion and signing Tuesday, July 22, at 6 p.m. at the bookstore, 387 Perkins Road Extended. Visit thebooksellersatlaurelwood.com.

more events »

Commission Approves $3 Million in Pre-K Funding

Shelby County Commissioners approved $3 million in county government surplus funds Monday, July 21, from the just-ended fiscal year to fund prekindergarten classrooms in the Shelby County Schools system.

French Fort Plan Calls for $150 Million Development

What would begin as 67 apartments in the former U.S. Marine Hospital and nurses’ quarters on the northern edge of the French Fort neighborhood would grow in phases to a $150 million development south of E.H. Crump Boulevard, according to a plan unveiled over the weekend.

Beale Street Landing Looks Beyond Early Curiosity

The Riverfront Development Corp. is filling in a calendar of events at the newly opened Beale Street Landing that stretches into the fall and demonstrates the role of programming in holding the larger public’s interest beyond those coming to the landing now out of curiosity.

Biller Looks to Minority-Business Law Practice

After 45 years practicing law in big firms, medium-sized firms and his own small practice in Memphis, Stephen Biller watched as the issue of minority business development and minority contracting surfaced again locally this spring.

Early Voting Draws 673 in First Weekend

Democratic political leaders and candidates put a lot of emphasis this past weekend on a strong start to the early voting period in advance of the Aug. 7 elections.

REAL ESTATE RECAP

Knowledge Tree Buys Cordova Retail Center

8195 Dexter Road, Memphis, TN 38016, Sale Amount: $1.3 million -
An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

LOCAL COLUMNISTS

Are Fundraising Fables Getting in Your Way?

Why is it so hard to retain fund development professionals? That’s the polite version of the question that has executive directors pulling their hair out and nonprofit board members wondering “what’s going on?”

STATEWIDE

Nashville Airport Handled 10.6 Million Passengers

NASHVILLE (AP) – Metropolitan Nashville Airport Authority officials say the facility handled more than 10.6 million passengers in the 2014 fiscal year marking a record for the airport.

Tennesseans Have Until Aug. 1 to File DRAM Claims

NASHVILLE (AP) – Tennesseans who purchased the memory storage component installed in most electronic devices known as Dynamic Random Access Memory have until Aug. 1 to participate in a $310 million settlement.

NATIONAL BUSINESS

Allergan to Cut 1,500 Employees in Restructuring

Botox maker Allergan will cut about 13 percent of its workforce as part of a push to become more efficient while it fights a hostile takeover bid from Valeant Pharmaceuticals.

TECHNOLOGY

Verizon Launches Rewards Program With Tracking

NEW YORK (AP) – Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers. There's a twist, though: To earn points for every dollar spent, subscribers must consent to have their movements tracked so the company can help target ads that match their interests.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 70 125 13,455
MORTGAGES 119 192 17,541
FORECLOSURE NOTICES 19 51 3,442
BUILDING PERMITS 146 769 31,699
BANKRUPTCIES 62 128 12,823
BUSINESS LICENSES 40 51 4,648
UTILITY CONNECTIONS 80 233 19,690
MARRIAGE LICENSES 25 69 4,129

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