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VOL. 130 | NO. 1 | Thursday, January 1, 2015

Bioworks Helped Spur Memphis Economy in 2014

In a variety of ways, the biosciences industry in Memphis helped lead the way in 2014 in terms of job creation and laying a foundation for economic growth in the future.

Command and Control

Special unit ensures FedEx delivers

On the fourth floor of Module F at a non-descript but sprawling FedEx campus nestled between Winchester Road and Shelby Drive on Airways Boulevard, a massive video wall featuring 36 40-inch LED screens displays real-time information on global weather patterns and the locations of hundreds of FedEx Express jets.

Graceland Jets on Auction Block

Two jets once owned by Elvis Presley that have been part of tours of Graceland since the mid-1980s are going on the auction block, the auction company authorized by Graceland announced Friday, Jan. 2.

Loeb Acquires Newby’s Restaurant Space

Memphis-based Loeb Properties has acquired one of the most venerable locations on the Highland strip.

Crosstown Developers File $80.5 Million Loan

The Crosstown development team has secured an $80.5 million loan on the property.

Local Weather
Currently
Memphis, TN
46.0°F
Fair
Wind: West at 4.6 mph
Humidity: 56%

EVENTS

The Daily News offices will be closed Thursday, Jan. 1, for New Year’s Day. Offices will reopen Friday, Jan. 2, at 8:30 a.m.

more events »

County Sees New Faces, New Directions

There was a lot of moving around in Shelby County government in 2014, much of it the literal kind as the Vasco Smith County Administration Building was remodeled.

Big Deals Highlight 2014 Real Estate

In Inked, we like to highlight local real estate transactions and the often-interesting companies leasing or buying commercial real estate space in the Memphis market. We also like to keep you informed about major deals before they happen and track companies that are critical to the local economy. Here are some important items that appeared in Inked in 2014.

Craft Soda Factory Planned for Broad District

A craft soda factory in the works is headed to warehouse space on Broad Avenue. That’s the plan Memphis restaurateur Taylor Berger announced on New Year’s Day, when he unveiled the vision for “Bottoms Up Soda.”

Justice Department: Verso Can Acquire NewPage

The U.S. Justice Department and Memphis-based Verso Paper Corp. have reached a settlement that will allow Verso to move ahead with its acquisition of NewPage Holdings Inc.

SPORTS

Grizzlies Hope to Continue Building Off Spurs Defeat

MEMPHIS, Tenn. (AP) – The Memphis Grizzlies made sure early that they didn't go to triple overtime again against the San Antonio Spurs.

20 Years Later, Titans Again at Rock Bottom

The lockers have been cleaned out, the shoulder pads and helmets taken up to be cleaned and stored.

NCAA Contenders Include the 'Little Guys'

Every March they become the nation's darlings.

LOCAL COLUMNISTS

‘Hidden’ Fees and Charges Add Up

Ray’s take: It’s the beginning of a new year, a time for reflection and taking stock. New Year’s resolutions typically are significant changes. Big changes are difficult. I suggest considering a series of little ones. Your odds are better and the little fees and charges in our lives can add up and throw our budgets and plans off track.

Returns, Happy and Other

A repeating scene in “Breaking Bad,” which I’ve now watched twice, involves the protagonist’s birthday. Skyler White (Anna Gunn) breaks up bacon strips on the plate of her husband Walter (Bryan Cranston), arranging them into the digits that indicate his age.

A Cool Ending to 2014

As is so often the story, 2014 ended with others seeing more in us than we see in ourselves.

Making Career Resolutions for the New Year

Happy New Year! The holidays flew by this season. If you’re in disbelief that we’re starting a new year, you’re not alone. Just learning to say “2015” may take a little time.

STATEWIDE

New Tennessee Laws Include Insulin Training for School Staff

NASHVILLE, Tenn. (AP) – A new Tennessee law will allow trained school personnel to administer insulin. It's just one of many new laws taking effect on Thursday.

NATIONAL BUSINESS

Applications for US Jobless Aid Rise, But Growth Looks Solid

WASHINGTON (AP) – More Americans sought unemployment benefits last week, but the number of applications continues to be at historically low levels that suggest solid economic growth will continue.

Tobacco Auction System is All But Snuffed Out

DANVILLE, Ky. (AP) – Tripp Foy's sing-song chant rang out like a sentimental oldie for die-hard farmers clinging to the old way of selling tobacco, as a small procession of buyers shadowed him down long rows of reddish-brown leaf piled in bales.

Poll: Americans Support Menu Labeling

WASHINGTON (AP) – More than half of Americans say they already have enough information at restaurants to decide whether they are making a healthy purchase. But they want even more.

New Laws OK Wine Shipments, Ban Tiger Selfies

COLUMBUS, Ohio (AP) – New state laws taking effect Thursday give livestock in California more living room, approve direct-to-consumer wine shipments in Massachusetts and levy the ultimate punishment on wannabe teen drivers in Nevada by denying them licenses if they skip too much school.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 490 20,766
MORTGAGES 131 556 24,361
FORECLOSURE NOTICES 6 61 8,610
BUILDING PERMITS 294 1,204 42,337
BANKRUPTCIES 63 348 13,902
BUSINESS LICENSES 18 97 6,401
UTILITY CONNECTIONS 41 216 13,511
MARRIAGE LICENSES 14 78 5,069

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