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VOL. 129 | NO. 98 | Tuesday, May 20, 2014

City Council Reviews Fire Budget

Memphis City Council members resume budget deliberations Tuesday, May 20, in committee sessions that take up half of the council day at City Hall.

Letting it Ride

Jim Steffen bets on new mobile retail truck The Bikesmith

The bicycles aren’t the only thing with wheels in Jim Steffen’s new shop.

Southwest Adds Flight to Houston

Memphis International Airport is gaining another nonstop daily flight.

FedEx Sued Again Over Deadly California Bus Crash

LOS ANGELES (AP) – The family of a Los Angeles student who was among 10 people killed when a FedEx truck collided with a charter bus in Northern California is suing the shipping company.

Overton Park Compromise Takes Shape

The Overton Park parking plan isn’t a compromise just yet. There are still details to be worked out and a big difference in the price estimate of a Memphis Zoo parking garage.

Local Weather
Today
Memphis, TN
53°F
Fair
Wind: 5 mph
Humidity: 69%

EVENTS

The Memphis and Shelby County Office of Sustainability will hold an open house about the Mid-South Regional Greenprint and Sustainability Plan Tuesday, May 20, from 3 p.m. to 5:30 p.m. at the North End Terminal, 444 N. Main St. Visit midsouthgreenprint.org.

more events »

Arlington, Lakeland Superintendents Discuss Smaller Systems

The superintendents of the Lakeland Schools and Arlington Community Schools systems admit they haven’t been in the spotlight much in the coming schools demerger.

Jones Seeks Recount in Commission Race

By his count, Martavius Jones believes he and Reginald Milton are tied in their Democratic primary race for Shelby County Commission District 10. That is without adding in the five provisional ballots cast in the race.

GOVERNMENT AGENDA

May 20 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, May 20, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Ridge Lake Building Sold After Foreclosure

756 Ridge Lake Blvd., Memphis, TN 38120, Sale Amount: $2.9 million -
The 38,472-square-foot Ridge Lake Office Building at 756 Ridge Lake Blvd. in East Memphis has sold back to the lender for $2.9 million following a foreclosure.

LOCAL COLUMNISTS

Graduating to a Lifetime of Giving

Happy graduation! You did it! This column is for graduates and their families.

NATIONAL GOVERNMENT

Supreme Court Revives 'Raging Bull' Lawsuit

WASHINGTON (AP) – The Supreme Court ruled Monday that a copyright lawsuit over the 1980 Oscar-winning movie "Raging Bull" can go forward, a decision that could open Hollywood studios to more claims from people seeking a share of profits from classic films, TV shows and other creative works.

Government Revises Count of US Museums

WASHINGTON (AP) – The U.S. government is revising its count of the nation's museums, saying there is double the number of museums compared with a 1990s estimate.

HEALTH CARE

AstraZeneca Rejects $119 Billion Offer From Pfizer

LONDON (AP) – The board of AstraZeneca on Monday rejected the improved $119 billion takeover offer from U.S. drugmaker Pfizer, a decision that caused a sharp slide in the U.K. company's share price as many investors think it effectively brings an end to the protracted and increasingly bitter takeover saga.

TECHNOLOGY

AT&T Aims for TV's Future With $48.5 Billion DirecTV Deal

LOS ANGELES (AP) – AT&T says it views its planned $48.5 billion purchase of DirecTV as a way to help redefine the video entertainment industry, giving it opportunities to bundle services and tap into growing Latin American markets.

Google Buys Corporate Mobile-Device Manager Divide

SAN FRANCISCO (AP) – Google has bought Divide, a startup that helps companies manage the mobile devices that employees are increasingly relying upon to get their work done.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 242 14,959
MORTGAGES 111 255 19,585
FORECLOSURE NOTICES 21 43 3,838
BUILDING PERMITS 153 512 35,842
BANKRUPTCIES 61 182 14,216
BUSINESS LICENSES 18 104 5,095
UTILITY CONNECTIONS 76 246 21,679
MARRIAGE LICENSES 16 75 4,632

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