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VOL. 129 | NO. 118 | Wednesday, June 18, 2014

FedEx Earnings Beat Estimates

Fueled by a surge in e-commerce leading to increased gains in its Ground division, FedEx on Wednesday reported higher than expected earnings for the quarter that ended May 31.

Uncommon Internship

Sullivan Branding launches first formal intern program, The Refinery

When the leadership at Sullivan Branding began cooking up their idea for what would become the agency’s first formal intern program, they knew one thing.

County Budget Season Not Over Yet

The Shelby County Commission defeated two competing versions of the county property tax rate for the new fiscal year on the second of three readings Monday, June 16.

Council Approves Budgets, Stable Tax Rate, Health Insurance Changes

Memphis City Council members approved a $600 million operating budget and an $84 million capital budget Tuesday, June 17, for the city government fiscal year that begins July 1.

Wharton Releases Rape Kit Backlog Report

Memphis Mayor A C Wharton Jr. released the report he commissioned earlier this year on the city’s backlog of 12,000 untested rape kits.

Local Weather
Today
Memphis, TN
66°F
Fair
Wind: 0 mph
Humidity: 75%

EVENTS

Sales and Marketing Society of the Mid-South will meet Wednesday, June 18, from 11:30 a.m. to 1 p.m. at The Racquet Club, 5111 Sanderlin Ave. Rusty Linkous, president of Linkous Construction Co., will present “Staying True to Yourself During Tough Times.” Cost for nonmembers is $35 at the door. Visit sms-midsouth.org.

more events »

County Commission to Discuss Brooks’ Residency

A challenge of Shelby County Commissioner Henri Brooks’ residency is serious enough that her fellow commissioners are prepared to discuss it at a special meeting next week.

MEMPHIS NEWSMAKERS

Busby Joins Howell Marketing as Social Media Manager

Lisa Busby has joined Howell Marketing Strategies LLC as a social media manager, handling the social media marketing for several accounts. Busby’s background includes experience in the business, media and nonprofit sectors – including past roles as a radio news reporter and writer, and as a print editor in the national headquarters for the Fraternal Order of Police.

LOCAL COLUMNISTS

5 Steps to Grow Your Email List

One of the most cost-effective strategies for driving Web traffic and generating online leads is email marketing. Unfortunately, most small and mid-sized companies have an email database filled mostly of current clients, business partners and other friends of the firm. To put a fire under your email marketing and dramatically boost results, follow these five steps for growing your email database.

What Could Possibly Go Wrong?

The most commonly cited indicator of complacency, the VIX or volatility index, recently hit a low of 10.73, a level not seen since early 2007.

Partners Drive Startup Ecosystem

Building startups is tough work that requires the engagement of money, mentorship and professional support.

STATE GOVERNMENT

Haslam's Weeklong Asia Trip Shrouded in Secrecy

NASHVILLE (AP) – Tennessee Gov. Bill Haslam's public schedule carried a notice that he would be in Asia this week on an economic development trip.

REGIONAL

Equifax Goes to US Supreme Court With Tax Appeal

JACKSON, Miss. (AP) – The U.S. Supreme Court will consider June 26 whether to hear an appeal from credit bureau Equifax Inc. from what is considers an adverse tax ruling in Mississippi.

NATIONAL BUSINESS

UPS to Consider Box Size in Ground-Shipping Prices

DALLAS (AP) – UPS says it will consider box size when setting prices for ground shipment of parcels within the U.S. and Canada.

Big Tobacco Looks to Keep Pace With E-Cigarettes

NEW YORK (AP) – Tobacco companies are moving quickly to keep pace with the evolution of their industry by embracing the increasingly popular e-cigarettes and making them more available to consumers.

REAL ESTATE

US Home Building Declined 6.5 Percent in May

WASHINGTON (AP) – The pace of U.S home construction slipped in May with many Americans still struggling to afford new houses.

HEALTH CARE

$1,000-a-Pill Sovaldi Jolts US Health Care System

WASHINGTON (AP) – Your money or your life?

TECHNOLOGY

Major Retailers Agree to List Unit Prices Online

NEW YORK (AP) – Shoppers can skip the math. It's about to get easier to compare prices on products from breakfast cereals to toothpaste at some of the nation's major online retailers.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 44 44 13,700
MORTGAGES 58 58 17,884
FORECLOSURE NOTICES 28 28 3,533
BUILDING PERMITS 0 0 32,303
BANKRUPTCIES 78 78 13,081
BUSINESS LICENSES 25 25 4,730
UTILITY CONNECTIONS 121 121 20,021
MARRIAGE LICENSES 33 33 4,230

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