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VOL. 129 | NO. 111 | Monday, June 9, 2014
EMPHASIS Financial Services

Touch of History

First Tennessee gives customers a look at its 150-year past

For its 150th anniversary, First Tennessee Bank didn’t want to only blow out the candles, so to speak.

Regions Partners in Inner-City Business Program

To use a metaphor to illustrate the purpose of a new program to help inner-city businesses in Memphis grow, the program represents the difference between focusing on rowing your boat and scouting the horizon for a new port to direct your boat toward.

Floyd Part of Relationship-Driven Team at Magna

Banks may tout with increasing frequency their facility with the array of digital tools available today, but there is a downside to that trend as financial institutions race to catch up with their more mobile-oriented customers.

City to Rework Rights-of-Way Fees

Allan Wade points to the patchwork pavement on many Memphis streets – square, sometimes rectangular.

Local Weather
Today
Memphis, TN
56°F
Fair
Wind: 8 mph
Humidity: 69%

EVENTS

Methodist South Hospital will host a stroke support group meeting for survivors and caregivers Monday, June 9, at 5:30 p.m. in the outpatient rehabilitation center, 1251 Wesley Drive, suite 141. Dr. Hafiz Elahi will present “Stroke From the Neurologist’s Perspective.” Email patricia.morgan@mlh.org or rushali.naik@mlh.org.

more events »

Cohen Challenges Haslam on Medicaid Expansion

U.S. Rep. Steve Cohen says the city’s fair share of federal funding for rape kit backlogs is $1 million.

I Choose Memphis: Melissa Duong

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

SMALL BUSINESS

State Systems Prides Itself on Protecting Customers

In 1986, the father-and-son team of Robert and Bob McBride bought a fledgling small business called State Systems.

LOCAL COLUMNISTS

Culture of Collaboration

Despite tremendous advances in technology that yield nearly infinite access to information and the Internet’s connectivity of the world’s greatest experts, many companies continue to look inward for new product development and innovation.

NATIONAL BUSINESS

US Employers Add 217,000 Jobs; Rate Stays at 6.3 Percent

WASHINGTON (AP) – U.S. employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.

Engineer's 'Switch From Hell' Began GM Recall Woes

DETROIT (AP) – Inside General Motors, they called it "the switch from hell."

US Consumer Spending Surges in April

WASHINGTON (AP) – Consumers increased their borrowing by a sizable amount in April, with growth in credit card debt rising at the fastest pace in more than 12 years.

Wal-Mart CEO: Speed Up Pace of Change

FAYETTEVILLE, Ark. (AP) – Wal-Mart's CEO Doug McMillon said the world's largest retailer's task is to more quickly bring e-commerce together with physical stores to better serve shoppers.


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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 153 14,870
MORTGAGES 64 144 19,474
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 217 359 35,689
BANKRUPTCIES 59 121 14,155
BUSINESS LICENSES 24 86 5,077
UTILITY CONNECTIONS 71 170 21,603
MARRIAGE LICENSES 22 59 4,616

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