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VOL. 129 | NO. 101 | Friday, May 23, 2014

ABF Freight Receives PILOT for Possible Expansion

ABF Freight System Inc. has received a tax break for the proposed expansion of its Memphis facility.

Out With the Old

Public housing overhaul nears end with newest development

A small group of people gathered last week in the front room of a new Southwest Memphis housing development for senior citizens.

Compromise Allows Greensward Parking This Weekend

The Overton Park greensward will be used for overflow parking at the Memphis Zoo for one more weekend under a compromise announced Friday, May 23, by the Overton Park Conservancy.

Kyocera Inks ProLogis Park Lease Renewal

ProLogis has landed a major renewal at one of its industrial parks.

May County Primary Results Certified

The closest race in the May Shelby County primary elections turned into a tale of the tape Wednesday, May 21, as the Shelby County Election Commission certified the results of that and all of the other races on the ballot.

Local Weather
Today
Memphis, TN
52°F
Fair
Wind: 5 mph
Humidity: 77%

EVENTS

The Friends of the Library Spring Book Sale will be held Friday, May 23, and Saturday, May 24, from 10 a.m. to 4:30 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. More than 15,000 books and other items will be for sale, all priced at $2 or less. Proceeds benefit the library. Visit memphislibrary.org

more events »

Creative Works Conference Launching in October

A three-day conference for Memphis’ creative community is launching in the city later this year that includes a speaking roster of design, illustration, typography and other creative heavy-hitters from around the country.

SPORTS

Grizzlies Descend Deeper Into Unconscionable Chaos

Hard as it is to believe now, it was only May 3 when the Grizzlies last played a basketball game. Less than three weeks later, that Game 7 loss at Oklahoma City stands as the franchise’s last normal moment.

Pera’s Just Following Sports Owner Formula

Until recently, I figured if I ever won a huge lottery and became a gazillionaire, I would indulge my sports fantasy of owning a horse in the Kentucky Derby.

LOCAL COLUMNISTS

All the Colors

ALL IN HOW YOU LOOK AT IT. “What do you see in that?” she asked, pointing up.

Scaling Your Career

One of the most exciting career transitions job seekers make is changing industries. You may want to move from nonprofit to corporate or from a large organization to a small business. These moves expose you to a new workplace and can reenergize you if you’re feeling burnt out in your current environment.

STATEWIDE

UT to Expand Online Learning Pilot Program

KNOXVILLE (AP) – The University of Tennessee is getting additional state funding to expand an online learning pilot program.

More Departures From Haslam-Owned Truck-Stop Chain

NASHVILLE (AP) – With a year-long federal fraud investigation looming over it, the huge truck-stop chain owned by the family of the Cleveland Browns owner and Tennessee's governor is doing some housecleaning at its highest levels.

NATIONAL BUSINESS

US Says Employment Up Slightly at Airlines

WASHINGTON (AP) – The U.S. airline industry is slowly adding jobs, although not all carriers are growing.

Gas Prices Have Familiar Look as Summer Nears

NEW YORK (AP) – The price of gasoline looks familiar this Memorial Day. For the third year in a row, the national average will be within a penny or two of $3.64 per gallon.

NATIONAL GOVERNMENT

House Passes Curbs on NSA Surveillance

WASHINGTON (AP) – The House on Thursday passed legislation to end the National Security Agency's bulk collection of American phone records, the first legislative response to the disclosures by former NSA contractor Edward Snowden.

REAL ESTATE

US Home Sales Rose 1.3 Percent in April

WASHINGTON (AP) – Sales of existing U.S. homes rebounded slightly in April, but the pace of buying remained below last year's level.

Average US 30-Year Mortgage Rate Falls to 4.14 Percent

WASHINGTON (AP) – Average U.S. rates on fixed mortgages fell this week for a fourth straight week. The low rates could give a boost to the spring home-buying season, which has started slowly.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 242 14,959
MORTGAGES 111 255 19,585
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 0 359 35,689
BANKRUPTCIES 57 178 14,212
BUSINESS LICENSES 18 104 5,095
UTILITY CONNECTIONS 76 246 21,679
MARRIAGE LICENSES 0 59 4,616

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