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VOL. 129 | NO. 129 | Thursday, July 3, 2014

Armstrong Rules Commission Can Weigh Brooks' Residency

Chancellor Kenny Armstrong ruled Thursday, July 3, that the Shelby County Commission can take up the question Monday, July 7, of whether Commissioner Henri Brooks lives in the district she represents.

Problem Solvers

CBRE Memphis team helps properties function during redevelopment

Rick Smith is director of property management for Finard Properties, the commercial real estate firm that owns and manages properties such as the landmark Poplar Plaza shopping center at Poplar Avenue and Highland Street.

Tennessee Brewery Supporters Still Working to Save Building

With an Aug. 1 demolition date looming, a group of Tennessee Brewery supporters is still working behind the scenes to save the historic structure from the wrecking ball.

State Appeals Court Greenlights Southwind Annexation

The Tennessee Appeals Court ruled Wednesday, July 2, that the city of Memphis can move ahead with plans to annex Southwind because a recently enacted moratorium on annexation by the state legislature does not apply to the earlier annexation decision.

Weirich Says Brown ‘Out of Touch With Reality’

Shelby County District Attorney General Amy Weirich says a video posted Tuesday on the campaign website of Democratic challenger Joe Brown questioning her sexual orientation represents a “sad day” in local politics.

Local Weather
Today
Memphis, TN
47°F
Partly Cloudy
Wind: 0 mph
Humidity: 93%

EVENTS

Cooper Young Night Out will be held Thursday, July 3, from 5 p.m. to 9 p.m. at businesses in the Cooper-Young neighborhood. Visit cooperyoung.biz for a list of activities.

more events »

Club Crave Property Sees New Activity

A nightclub developer known for projects in Hollywood and the recent Fly Lounge at FedExForum has plans for the old Club Crave property on the northeast corner of Fourth and Beale streets.

Mobile Services Increasingly Expected of Banks

The mobile race is on among Memphis financial institutions, with banks rolling out apps that allow banking on the go and a full range of capabilities that translate the brick-and-mortar banking experience to small digital screens.

Different Pension Path Possible in Council Delay

Memphis City Council members are looking at hybrid pension plans for city employees that could have separate terms for police officers and firefighters and enroll all other city employees in the Social Security plan.

Brooks Residency Case Resumes in Court

When Chancellor Kenny Armstrong takes the bench Thursday, July 3, to resume his hearing on the effort to unseat Shelby County Commissioner Henri Brooks, he will likely have the same basic question he had when the hearing recessed Tuesday in his courtroom.

LOCAL COLUMNISTS

Vacation Home – Is It Time to Buy?

Ray’s take: It’s summertime and the vacation season is upon us. Sometimes, it sounds wonderful to own a beach or mountain getaway. Many Americans share that same dream – a “summer place” to enjoy and perhaps pass down through the generations.

Toddler Update

A recent weekend found Uncle Vic traversing the road between Little Rock and the South Mississippi hometown of great-nephew R.P. The subject of an I Swear column in January of last year, R.P. will soon be 18 months old.

MEMPHIS AREA

FedEx Employee Fatally Injured at Memphis Hub

MEMPHIS (AP) – FedEx Corp. says an employee injured in an accident at its world hub in Memphis has died.

STATEWIDE

Truck Suspension Maker Expanding in Dyer County

MEMPHIS (AP) – Officials say that Rough Country Suspension Systems, a company that makes suspension products for trucks and SUVs, plans to move its distributions operations to a facility in Newbern.

FedEx Plane Makes Emergency Landing in Nashville

NASHVILLE (AP) – A FedEx plane made an emergency landing in Nashville, Tennessee, after a report of smoke in the cockpit.

Alexander Raises More Than $900,000, Launches New Ad

NASHVILLE (AP) – Republican Sen. Lamar Alexander has raised more than $900,000 in the second quarter and has more than $3.4 million on hand in the final weeks before the primary.

Tennessee Lawmakers Apologize for Trail of Tears

TULSA, Okla. (AP) – Tennessee lawmakers have apologized to the Cherokee Nation for actions taken by President Andrew Jackson that forced up to 16,000 Cherokees off Tennessee lands 175 years ago.

NATIONAL BUSINESS

32 States Trail US as a Whole in Job Recovery

WASHINGTON (AP) – Five years after the Great Recession officially ended, most states still haven't regained all the jobs they lost, even though the nation as a whole has.

Survey: US Companies Added 281,000 Jobs in June

WASHINGTON (AP) – A private survey shows U.S. business hiring surged in June, a sign of stronger economic growth.

NATIONAL GOVERNMENT

Yellen Sees Little Threat to Financial Stability

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Wednesday that she doesn't see a need for the Fed to start raising interest rates to defuse the risk that extremely low rates could destabilize the financial system.

SPORTS

Nets Reach Agreement With Hollins to Become Coach

NEW YORK (AP) – The Brooklyn Nets say they have reached an agreement in principle with Lionel Hollins to become their coach, moving quickly after the departure of Jason Kidd.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 0 58 3,853
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 58 305 14,339
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 0 93 4,650

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