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VOL. 129 | NO. 104 | Thursday, May 29, 2014

Plough Foundation Makes Challenge Grant on Rape Kit Backlog

The Plough Foundation has made a $750,000 challenge grant toward the estimated $6 million in funding the city of Memphis says it needs to clear the city backlog of more than 12,000 untested rape kits.

Towering Progress

Construction of IP’s new East Memphis building reaches next stage

The shell of the newest addition to the East Memphis office skyline is complete, setting the stage for exterior work on International Paper’s new building to begin.

Tennessee Ranks 43rd for Senior Health

Statistically, you will be a far healthier senior citizen living in Minnesota than in Tennessee. That’s according to America’s Health Rankings 2014 Senior Report.

Christie Stumps In Germantown For Republican Cause

New Jersey Gov. Chris Christie will be in Shelby County Friday, May 30 to raise money for Republican Governors in the 2014 midterm elections and attend the Germantown opening of U.S. Sen. Lamar Alexander’s local campaign office.

Candidates Pull Petitions in Suburban Mayoral Races

Bartlett Mayor Keith McDonald and Germantown Alderman Mike Palazzolo are on the cusp of entering the mayoral races in their respective communities.

Local Weather
Today
Memphis, TN
78°F
Fair
Wind: 3 mph
Humidity: 58%

EVENTS

Memphis Italian Festival will be held Thursday, May 29, through Sunday, May 31, at Marquette Park, at the corner of Mount Moriah Road and Park Avenue. The 25th annual event will celebrate all things Italian with food, music, sports competitions and more. Visit memphisitalianfestival.com for tickets and schedule.

more events »

Michael Meets Resistance in Juvenile Court Campaign

Dan Michael has worked for the last two Juvenile Court judges and hopes to succeed the latest, Curtis Person Jr., with the August election results.

First Tennessee Buys 13 Bank of America Branches

First Tennessee has reached an agreement to buy 13 branches and four remote ATMs from Bank of America.

LOCAL COLUMNISTS

Discussing Family Finances with the Kids

Ray’s take: The March 2013 T. Rowe Price Annual Parents, Kids and Money Survey indicates that 73 percent of parents discuss money with their kids. This is good news! It’s an important part of a kid’s education to understand money and finances. Kids may not have to worry about mortgage payments just yet, but learning about money while they’re young can set them up to become financially responsible adults.

New Rosenfelt Novel Delivers

David Rosenfelt has done it again! Kept me in my chair for two whole hours, that is. Once I got to page 100 of “Without Warning,” I had to just go ahead and finish it. You know, to see how it would end.

How Low Can We Go?

With the S&P 500 back at all-time highs, investors may be experiencing a bit of altitude sickness. With the S&P 500 now up 180 percent from the bottom, it’s right to question how much upside remains. However, the better question might be how much downside lies below.

Know Your Options for Financing Major Home Upgrades

American Housing Month, recognized each June, is an opportunity for individuals to better understand the process of buying a home and the benefits that come along with home ownership.

STATEWIDE

Ads Opposing Tennessee Abortion Amendment Criticized

NASHVILLE (AP) – Newspaper ads opposing a proposed constitutional amendment to give state lawmakers more power over abortions in Tennessee is drawing criticism for its depiction of a man in a turban trampling on a woman.

STATE GOVERNMENT

Haslam Defends Decision to Delay Assessment Scores

NASHVILLE (AP) – Gov. Bill Haslam says state education officials were simply being cautious when they initially decided to delay the release of students' assessment scores.

NATIONAL BUSINESS

US Bank Earnings Decline 7.7 Percent in First Quarter

WASHINGTON (AP) – U.S. banks' earnings declined 7.7 percent in the January-March quarter from a year earlier, as higher interest rates dampened demand for mortgage refinancing and reduced banks' revenue from the mortgage business.

Public-Private Survey Finds Cybercrime on the Rise

SAN JOSE, Calif. (AP) – The hackers are winning, according to a survey of 500 executives of U.S. businesses, law enforcement services and government agencies released Wednesday.

NATIONAL GOVERNMENT

Administration Announces US Manufacturing Regions

WASHINGTON (AP) – The Obama administration on Wednesday named 12 regions of the country that will receive special attention under a new federal program designed to help make them more attractive to manufacturing companies looking for a place to set up operations, provide a boost to the U.S. manufacturing industry and create jobs.

Fischer Sworn In as Member of Fed Board

WASHINGTON (AP)Stanley Fischer has been sworn in as a member of the Federal Reserve Board and will be able to vote at the central bank's next interest-rate meeting in June.

TECHNOLOGY

Google to Build Prototype of Truly Driverless Car

LOS ANGELES (AP) – Google plans to build and launch onto city streets a small fleet of subcompact cars that could operate without a person at the wheel.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 33 91 3,886
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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