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VOL. 129 | NO. 130 | Friday, July 4, 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.

Creatives Talking

New podcast celebrates city’s creative resurgence

Memphis is experiencing a creative resurgence. And Billy Nation and Andrew Lebowitz, two friends who work at the marketing communications firm Oden, want to talk about it.

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.

Commission Takes Final Votes on Tax Rates

Shelby County Commissioners close out their budget season Monday, July 7, by making a decision on two competing county property tax rate proposals – both lower than the current $4.38 rate.

Poplar Plaza to Undergo Renovation

The venerable Poplar Plaza shopping center at Poplar Avenue and Highland Street near the University of Memphis is slated to undergo a second facelift.

Beale Street Eastern Border Marks Changes

For much of the renovated Beale Street Entertainment District’s 30-year history, George Miller was a figure in exile just on the other side of the district’s formal eastern border of Fourth Street.

Brown’s Campaign Has Included Many Turns

Democratic Party leaders bet a lot politically at the outset of the 2014 election season on retired Criminal Court Judge Joe Brown as more than just the party’s nominee for district attorney general.

Southwind Annexation Ruling Hinges on Timing

The city of Memphis can collect property tax revenues from two parts of Southwind whose annexation was stopped in 2013 just days before the areas were to become part of the city.

I Choose Memphis: Airika Wallace Gigas

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

GOVERNMENT AGENDA

July 7 Shelby County Commission Agenda

The Shelby County Commission will meet Monday, July 7, at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for an agenda.

SPORTS

Grizzlies Hope Stokes Develops Into Next Z-Bo

It’s unlikely that Jarnell Stokes was the only Memphis high school basketball player sitting in the upper reaches of FedExForum cheering on the Grizzlies and warming up to that new power forward that we all know as Z-Bo.

A Wise Sports Fan Appreciates the Journey

So what does Team USA’s soccer experience and the Memphis Grizzlies experience have in common?

SMALL BUSINESS

Linkous Construction Never Wavered in Face of Recession

As the real estate crash and Great Recession battered the construction industry, the leadership at Linkous Construction Co. made a strategic decision to keep its team intact and maintain the level of service the general contracting and construction management firm had become known for.

LOCAL COLUMNISTS

Light and Dark

WHEN STORIES ARE TOLD IN THE DARK, LEAVE A LIGHT ON. As I watch what leads the local TV news – basically a visual evening recap of whatever that day’s monitoring of police scanners and chasing sirens can produce – and what passes for TV reporting – basically an evening twist to whatever might be salacious or sensational in that morning’s paper – I wonder if all of our better angels have left town.

Giving Your Child Independence

Parents of newly minted graduates have all heard about it: the “Boomerang Generation.” According to Pew Research Center, It’s estimated that some 45 percent of college graduates between the ages of 18 and 24 are living at home with family. If you are a parent, you may be wondering what you can do to give your children the gift of independence on this Fourth of July.

Second-Quarter Scoreboards

With central bank stimulus offsetting moribund economic data and geopolitical depressants, this market continues its low volume, low volatility ways. With the absence of news and trading strategies capturing our attention at the moment, let’s take a look back at the second quarter and identify the winners and losers.

NATIONAL BUSINESS

US Trade Deficit Drops to $44.4 Billion in May

WASHINGTON (AP) – The U.S. trade deficit fell in May as U.S. exports hit an all-time high, helped by a jump in exports of petroleum products. Imports dipped slightly.

Pharmacy Sales Boost Major Drugstores in June

A jump in pharmacy revenue fueled June sales growth for two of the nation's largest drugstore chains, and they may start adding gains from the health care overhaul later this year.

Corporations are People? It's a Real Legal Concept

WASHINGTON (AP) – There may be more to that "we the people" notion than you thought.

NATIONAL GOVERNMENT

Obama on Economy: 'We're Making Progress'

WASHINGTON (AP) – President Barack Obama says job growth in June shows the recovery is taking hold, but the economy could still do better.

TECHNOLOGY

Amazon Vows to Fight FTC on Kids In-App Purchases

LOS ANGELES (AP) – Amazon says that it is prepared to go to court against the Federal Trade Commission to defend itself against charges that it has not done enough to prevent children from making unauthorized in-app purchases.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 0 76 4,504
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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