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VOL. 129 | NO. 124 | Thursday, June 26, 2014

ServiceMaster Begins Trading on NYSE

The parent company of Memphis-based ServiceMaster Co. LLC began trading on the New York Stock Exchange Thursday, June 26, in an initial public offering of its common stock.

Brooks' Attorneys Claim Different Address

Shelby County Commissioner Henri Brooks still lives in her district but at a different address than the one she listed on numerous records, including her recent arrest report, according to her attorneys.

Heart of Arlington

Town seeks to grow historic Depot Square while maintaining charm

When Sandy Brewer and her family moved more than eight years ago from Cordova to a turn-of-the-century home just two blocks from Arlington’s Depot Square, she said it felt like taking a step back in time.

Raymond James Recommits to Downtown

Raymond James is extending its commitment to Downtown Memphis, where the investment firm will remain a key part of the city’s skyline for at least another decade.

St. Jude Names Downing New CEO

Dr. James R. Downing will become the new CEO of St. Jude Children’s Research Hospital, effective July 15.

Local Weather
Today
Memphis, TN
79°F
Cloudy
Wind: 7 mph
Humidity: 62%

EVENTS

Sales and Marketing Society of the Mid-South will host a roundtable with executive coach and HR consultant Judy Bell titled “Emotional Intelligence, the Predictor of Success” Thursday, June 26, from 7:15 a.m. to 8:30 a.m. at Cheffie’s Cafe, 483 High Point Terrace. Cost at the door is $20. Visit sms-midsouth.org.

more events »

Former US Senator Howard Baker Jr. Dies

WASHINGTON (AP) – Former Sen. Howard H. Baker Jr., a moderate Republican known as the politician who inquired what President Richard Nixon knew during the 1973 Senate Watergate hearings, has died. He was 88.

Grizzlies Seek NBA Draft Night Magic

Three years ago, you probably had never heard of Kawhi Leonard. He played at San Diego State, the same school from which the Grizzlies selected guard Jamaal Franklin in the second round of the 2013 NBA Draft.

Benefits Debate Goes Larger Than City Hall

When several hundred firefighters, police officers and other city employees and retirees formed a picket line around City Hall Tuesday, June 24, it signaled the beginning of an escalating political dispute bigger than the City Council’s decision a week earlier to cut health insurance benefits for employees and retirees.

Schadt Reflects on ArtsMemphis Time, Looks Ahead

Thirteen years is a long time to do one job and do it well, which explains why Susan Schadt already talks with an air of wistfulness about her imminent departure as president and CEO of ArtsMemphis at the end of this year.

Southern College of Optometry Opens TearWell Dry Eye Center

If you don’t have it, it doesn’t sound like that big of a deal. Dry eye? So what?

Civil Rights Museum Sit-In Exhibit Goes Digital

Raumesh Akbari remembers her first encounter with the sit-in exhibit at the National Civil Rights Museum.

LOCAL COLUMNISTS

What to Do With a Windfall

Ray’s take: You’ve just received a pretty nice amount of cash. It could be a tax refund, a bonus or a surprise inheritance. What will you do with that extra money?

Let’s Talk Civics

I type in the word civics at OneLook Dictionary Search. Giving credit to “MacMillan Dictionary,” the site gives me “a school subject in which you study how government works and what people’s rights, duties, and responsibilities are as citizens.”

STATE GOVERNMENT

Bell Holds Hearing Over Chief Justice Complaint

NASHVILLE (AP) – A Republican panel has spent four hours questioning top judicial officials in an inquiry over the handling of a complaint against the chief justice of the Tennessee Supreme Court.

REGIONAL

Crittenden County Voters Approve Tax Increase

WEST MEMPHIS, Ark. (AP) – Voters in Crittenden County have approved a 1 percent sales tax increase to support the county's financially troubled hospital.

NATIONAL BUSINESS

Economy Shrank at Steep 2.9 Percent Rate in First Quarter

WASHINGTON (AP) – The U.S. economy shrank at a steep annual rate of 2.9 percent in the January-March quarter as a harsh winter contributed to the biggest contraction since the depths of the recession five years ago. But the setback is widely thought to be temporary, with growth rebounding solidly since spring.

Amazon, Microsoft, Boeing Lure Interns With Perks

SEATTLE (AP) – Amazon, Microsoft and Boeing sweeten already lucrative job offers in Seattle with subsidized, furnished housing. Transportation is covered from anywhere in the country, including airport food, baggage fees and taxis. There's free breakfast and dinner, biweekly housekeeping, a private party with Macklemore and Deadmau5.

Barnes & Noble to Separate Retail, Nook Media

NEW YORK (AP) – Barnes & Noble hopes to survive by splitting in two.

NATIONAL GOVERNMENT

'Get a Warrant' to Search Cellphones, Justices Say

WASHINGTON (AP) – In an emphatic defense of privacy in the digital age, a unanimous Supreme Court ruled Wednesday that police generally may not search the cellphones of people they arrest without first getting search warrants.

TECHNOLOGY

Google Shows Off Android Auto, Wearables

SAN FRANCISCO (AP) – Some 1 billion people are now using Android devices, Google said as the company kicked off its two-day developer conference Wednesday in San Francisco.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 114 332 10,554
MORTGAGES 119 412 13,739
FORECLOSURE NOTICES 0 68 2,712
BUILDING PERMITS 522 915 25,222
BANKRUPTCIES 80 264 10,156
BUSINESS LICENSES 16 78 3,814
UTILITY CONNECTIONS 92 430 14,987
MARRIAGE LICENSES 15 83 3,250

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