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VOL. 129 | NO. 58 | Tuesday, March 25, 2014

School Board to Vote on $52.6 Million Capital Funding

Shelby County Schools board members take up a $52.6 million capital funding request Tuesday, March 25, that superintendent Dorsey Hopson would take to the Shelby County Commission for funding.

Tasting Success

Restaurateur Jeff Johnson busy with new ventures including food truck

Jeff Johnson has cooked up for himself a busy schedule, considering his expansive and still-growing number of restaurant interests.

DA Candidate Brown Jailed For Contempt in Juvenile Court

Former Shelby County Criminal Court Judge Joe Brown, who is the Democratic nominee for District Attorney General in the August county general elections, was arrested and jailed Monday, March 24, for being in contempt of court.

Tigers Season Ends On Common Theme

RALEIGH, N.C. – Senior guard Geron Johnson had guaranteed the Memphis Tigers would win two NCAA Tournament games. But in the wake of their 78-60 loss to top-seeded Virginia Sunday night in the round of 32, Johnson looked a reporter in the eye and offered a revised declaration.

Commission Votes Down Family Planning Services Rebid Resolution

Shelby County Commissioners voted down a bid Monday, March 24, to rebid the county’s contract for federally-funded family planning services with Christ Community Health Services.

Local Weather
Today
Memphis, TN
43°F
Mostly Cloudy
Wind: 3 mph
Humidity: 71%

EVENTS

The Memphis Challenge will kick off its Power Lunch Series, which connects young professionals with peers and industry leaders, Wednesday, March 26, from 11:30 a.m. to 1 p.m. at EmergeMemphis, 516 Tennessee St. Leanne Scull, vice president, investments for Raymond James, will present “What is Your Financial Well-Being.” Tickets are $25. Visit memphischallenge.org.

more events »

Survey: Economists See US Growth Pickup This Year

WASHINGTON, D.C. (AP) — With the pace of U.S. economic growth seen speeding up later this year and next, many business economists expect the Federal Reserve to end its bond purchases this fall or even earlier.

Heritage Trail Likely to Continue Despite Rejection

The plan to demolish the last large public housing development in Memphis and use the demolition as a catalyst for a larger redevelopment of the surrounding area did not make the final cut with federal housing officials in Washington.

The Daily News Claims Four Awards

The Daily News and The Memphis News earned first place honors over the weekend for editorials in the annual Tennessee Associated Press Managing Editors awards.

REAL ESTATE RECAP

Georgian Woods Apartments Sell for $3.9 Million

118 St. Agnes Drive, Memphis, TN 38112 -
The 100-unit Georgian Woods Apartments at 118 St. Agnes Drive in Midtown has sold for $3.9 million.

LOCAL COLUMNISTS

Six Things You Can Do As a Board Member

Calling all nonprofit board members: Do you sometimes wonder what value you bring to the nonprofits you serve? Do you wish you were more engaged, or that “they” took more advantage of the talents you bring to the board? We have the solution for you: take initiative! Don’t wait for someone to ask you to get involved.

STATEWIDE

Common Core Spawns Widespread Political Fights

NASHVILLE, Tenn. (AP) — More than five years after U.S. governors began a bipartisan effort to set new standards in American schools, the Common Core initiative has morphed into a political tempest fueling division among Republicans.

Panel Begins Study of State's Funding Formula

NASHVILLE, Tenn. (AP) — A task force appointed by Gov. Bill Haslam has begun studying the state's school funding formula.

Flood Insurance Policies Face Hike in Tennessee

NASHVILLE, Tenn. (AP) — For many Tennessee property owners in flood-prone areas, a move by Congress to soften steep increases to subsidized insurance policies may come as little comfort.

Post Office Hiring in Memphis, Nashville

NASHVILLE, Tenn. (AP) — The U.S. Postal Service says it plans on filling more than 70 skilled maintenance positions in both Nashville and Memphis.

TVA to Update Progress on Long-Range Plan

CHATTANOOGA, Tenn. (AP) — The Tennessee Valley Authority is set to discuss progress in updating the utilities long-range energy resources plan along with more than 1,100 comments from the public.

REGIONAL

Mississippi Sheriffs to Get Pay Raises

JACKSON, Miss. (AP) — Mississippi sheriffs will get their first pay raise in several years, starting July 1. Depending on where they serve, the raise could be as little as $9,000 or as much as $20,000.

Mississippi College Savings Plan to Reopen Enrollment

JACKSON, Miss. (AP) — A board has voted unanimously to re-open enrollment this fall in the Mississippi Prepaid Affordable College Tuition program.

Arkansas Among Few States With Majority Override

LITTLE ROCK, Ark. (AP) — A political scientist says that while veto overrides are rare in Arkansas, they could become more common if the margin between Democrats and Republicans at the statehouse remains narrow.

NATIONAL BUSINESS

Cisco to Invest Over $1 Billion in Cloud Computing

NEW YORK (AP) — Cisco says it plans to spend more than $1 billion over the next two years to build up its cloud computing network.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 206 16,619
MORTGAGES 84 228 21,660
FORECLOSURE NOTICES 21 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 73 222 15,764
BUSINESS LICENSES 23 51 5,542
UTILITY CONNECTIONS 86 287 23,860
MARRIAGE LICENSES 21 72 5,107

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