» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 129 | NO. 144 | Friday, July 25, 2014

Supporters Still Racing to Save Brewery

At the conclusion of the Tennessee Brewery Untapped temporary activation project, supporters of the event were greeted June 1 with a message on the group’s Facebook page that both thanked participants and bid them farewell.

Civic Celebration

Frayser Day to showcase area’s unique urban-suburban dynamic

Shep Wilbun describes “Frayser Day” as “MEMfix on steroids,” referring to the efforts by the Mayor’s Innovation Delivery Team to reanimate business districts or blocks in several parts of the city.

Partial Trolley Service Could Be on Road to Restoration

The Memphis Area Transit Authority has identified five trolleys that it is repairing and could have back in limited service in three to six months, probably on the Main Street line.

Music Lounge to Open in Edge District

The Edge District near Downtown lost a theater but is gaining a new live music lounge in August.

Democratic Sample Ballot Omits Some Names

Not every candidate who claimed the Democratic nomination in the May county primaries is on the Shelby County Democratic Party’s endorsement ballot that hits the streets this week.

Local Weather
Today
Memphis, TN
57°F
Fair
Wind: 7 mph
Humidity: 62%

EVENTS

UCAN of Memphis will hold its Dare 2 Dream teen conference Friday, July 25, and Saturday, July 26, from 11 a.m. to 2 p.m. at BRIDGES, 477 N. Fifth St. The anti-bullying conference will include inspirational speaker presentations, workbooks, snacks and school supplies. Cost is $50; parents are encouraged to attend for no additional cost. Visit ucanofmemphis.org.

more events »

Wharton Sticking to Budget Plan Without Tax Hike

Memphis Mayor A C Wharton Jr. knows there’s a push coming for a city sales tax hike referendum to reverse health care insurance cuts approved by the Memphis City Council in June.

Midtown Fresh Market to Open in August

The Fresh Market has set an opening date for its new Midtown store.

Grizzlies Promote Wexler to Business Operations President

The Memphis Grizzlies have promoted Jason Wexler to president of business operations of the team and FedExForum.

SPORTS

Tigers Seek Consistency From Goodwin, Nichols

Last season, any basketball doctor examining the state of the Memphis Tigers would have started by taking the pulse of the backcourt.

Eve Didn’t Poison Toomer’s Corner Trees

Justin Fuente again did football-obsessive mankind a favor this summer with his annual women’s clinic.

LOCAL COLUMNISTS

Discriminate at the Ballot Box

DISCRIMINATING TASTE. By all means, discriminate. Refuse to accept some prepackaged deal as the best you can do, some label to be the quality test. In the known, look for proven performance from each individual offering, standing alone, not just part of some group menu. In the unknown, demand fresh and bold, the promise of new and interesting interpretations from old and predictable ingredients.

When Education Falls Short

One of the chief complaints I hear from job seekers is that their lousy college education is to blame for their poor career success. Whether they went to the wrong school or got the wrong degree, the person wishes they could turn back time. They consider going back to school as a road to success.

NATIONAL BUSINESS

Across US Job Market, Layoffs are Becoming Rare

WASHINGTON (AP) – The risk of losing your job is getting smaller and smaller.

Airlines Report Big Second-Quarter Profits

Investing in airlines has long been the butt of jokes, especially when many U.S. carriers traipsed through bankruptcy court in the past decade.

Wal-Mart Names New CEO of US Discount Division

NEW YORK (AP) – Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.

HEALTH CARE

Varying Health Premium Subsidies Worry Consumers

MIAMI (AP) – Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. But in the process of signing up for a plan, Close said her HealthCare.gov account showed several different subsidy amounts, varying as much as $180 per month.

REAL ESTATE

US New-Home Sales Plummet in June

WASHINGTON (AP) – Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.

Average US 30-Year Mortgage Rate at 4.13 Percent

WASHINGTON (AP) – Average U.S. long-term mortgage rates were stable to slightly higher this week, remaining near their lows for the year.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 242 14,959
MORTGAGES 111 255 19,585
FORECLOSURE NOTICES 21 43 3,838
BUILDING PERMITS 153 512 35,842
BANKRUPTCIES 61 182 14,216
BUSINESS LICENSES 18 104 5,095
UTILITY CONNECTIONS 76 246 21,679
MARRIAGE LICENSES 16 75 4,632

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.