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VOL. 129 | NO. 125 | Friday, June 27, 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.

Landing Zone

After decade of development, Beale Street Landing prepares to open

Beale Street Landing was supposed to cost far less than $43 million and be completed much sooner than the decade it took from the design competition.

Grizzlies Draft UCLA's Adams, Memphis Native Stokes

Whether it will prove to be a telling remembrance or not, news of the Grizzlies selecting guard UCLA shooting guard Jordan Adams with the No. 22 overall pick in Thursday night’s NBA Draft was largely met with mild disdain, sweeping indifference and a dash of tilt-your-head curiosity.

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.

Hollingsworth Buys Mississippi Industrial Property

The Hollingsworth Cos., which operates a prominent industrial development company with holdings across the South, has acquired an industrial building in Senatobia, Miss.

Local Weather
Today
Memphis, TN
88°F
Partly Cloudy
Wind: 6 mph
Humidity: 42%

EVENTS

Stax Music Academy, Stax Museum and Memphis Public Library will host Steve Cropper, guitarist for Booker T. & the MGs, for a Soul & Blues Brown Bag Series concert and Q&A Friday, June 27, at noon in the amphitheater behind the academy, 926 E. McLemore Ave. Visit staxmuseum.com.

more events »

CSC Sugar to Open Plant in Covington

CSC Sugar LLC will open a sugar processing plant Monday, June 30, in the Rialto Industrial Park in Covington, Tenn., that will hire 50 people and prompt the hiring of more drivers at Larry Bowman Trucking in nearby Ripley.

PBS TV Investigates Steamboat Sultana Explosion

After a decade on PBS tracking down the back stories of historic artifacts, the producers of the television program “History Detectives” are focusing on some of American history’s larger mysteries and darker corners.

SPORTS

Hagan Classic Honors Local Baseball Pioneer

Recently, Andy Cook ran into a couple of his old Memphis Tigers teammates at the Levitt Shell in Overton Park.

What’s in a Name?

Let’s consider our own Memphis Grizzlies. The team kept a nickname that migrated from Vancouver because fans here have embraced it. In fact, you or someone in your family probably owns a cap or a shirt bearing the team nickname or the likeness of a grizzly bear.

LOCAL COLUMNISTS

The View From Nashville

IF WE DON’T CARE, NO ONE ELSE WILL. Longtime friend and Nashville marketing maven, David Bohan, answered my column about oxymoronic Nashville barbecue with his own column “Marketing Matters” in The Tennessean last week.

Exiting Your Job Gracefully

There’s a lot to be said for grace. Although many interpretations of the word exist, my favorite is Merriam-Webster’s. They define it as “a controlled, polite, and pleasant way of behaving.” After a number of questions from people about how to quit their jobs, I wanted to share a few thoughts with you.

STATEWIDE

Nashville's Historic Ryman Auditorium to Expand

NASHVILLE (AP) – The Ryman Auditorium, the mother church of country music, is getting a new $14 million expansion that will provide more space for tours, food and beverage services and retail.

REGIONAL

Drones Could Help Mississippi Farm Industry

JACKSON, Miss. (AP) – The applications for drones have softened, shifting from machines of war to whirlybirds that can capture incredible aerial photos of any event under the sun.

BancorpSouth Names President, Chief Operating Officer

TUPELO, Miss. (AP) Chris Bagley, a 31-year veteran of the banking industry, has been named BancorpSouth's new president and chief operating officer.

NATIONAL GOVERNMENT

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.

Senate Panel OKs $47 Billion Homeland Security Budget

WASHINGTON (AP) – A key Senate panel Thursday gave swift bipartisan approval to a $47 billion budget for the Department of Homeland Security, boosting funding to cope with an influx of Central American children who arrive in the U.S. unaccompanied by their parents.

Obama Aims to Put Human Face on Economic Struggles

MINNEAPOLIS (AP) – President Barack Obama said Thursday that Washington needs to stop "playing to the most fringe elements of politics" and help Americans who are fighting to make ends meet, as he spent an afternoon with a working mother who wrote to him about her struggles.

FAA, Developers Clash Over Tall Buildings

WASHINGTON (AP) – The government wants to dramatically reduce the allowable height of buildings near hundreds of airports – a proposal that is drawing fire from real estate developers and members of Congress who say it will reduce property values.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 212 11,977
MORTGAGES 68 295 15,645
FORECLOSURE NOTICES 23 80 3,103
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 81 291 11,598
BUSINESS LICENSES 29 102 4,257
UTILITY CONNECTIONS 89 428 17,611
MARRIAGE LICENSES 20 81 3,645

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