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VOL. 130 | NO. 9 | Wednesday, January 14, 2015

Brewery Developer Calls for ‘Leap of Faith’

Crews could begin transforming the long-vacant Tennessee Brewery property Downtown later this year and the first residents could move in during the fall of 2016, a veteran developer told a Downtown development board Tuesday, Jan. 13.

Honoring a Legacy

Grizzlies continue tradition with MLK Celebration Day

The Grizzlies are in their 14th season in Memphis, and next Monday, Jan. 19, will mark the 13th Annual Martin Luther King Jr. Celebration Day.

New York Investor to Buy Raymond James Tower

A New York-based investor is under contract to purchase the Raymond James tower on Front Street Downtown, one of the most recognizable office buildings in the city.

Fred’s Names New Chief Operating Officer

Discount merchandiser Fred’s Inc. has tapped a new president and chief operating officer, a key hire that adds to a fresh executive team for the retailer.

Collierville Alderman Lott Dies

Collierville alderman Jimmy Lott died Tuesday, Jan. 13, according to town officials.

Local Weather
Currently
Memphis, TN
41.0°F
Light Rain
Wind: East at 13.8 mph
Humidity: 96%

EVENTS

SRVS will host a job fair Wednesday, Jan. 14, from 9 a.m. to 1 p.m. at its headquarters, 3971 Knight Arnold Road. Openings are available for direct support professionals responsible for providing direct care for people with intellectual and developmental disabilities. Contact Metrio Robinson at metrio.robinson@srvs.org or 901-604-0291 for details.

more events »

Tigers Finish Football Season in AP Top 25

Ahead of Notre Dame and LSU and ahead of Nebraska and Oklahoma. That’s where the University of Memphis football team finishes the historic 2014 season by cracking the Associated Press’ final Top 25 rankings for the first time in school history.

County Commission Endorses Haslam Plan

At the first Shelby County Commission meeting of 2015, all but one of the 13 commissioners voted for a resolution backing Tennessee Gov. Bill Haslam’s Medicaid expansion plan, “Insure Tennessee.”

NEWSMAKERS

Schaeffer Joins Patrick Accounting

Michael Schaeffer has joined Patrick Accounting and Tax Services PLLC as staff accountant. In his new role, Schaeffer will provide small businesses with accurate, timely financial statements that will allow them to make informed management decisions regarding the life of their company.

LOCAL COLUMNISTS

How to Deal With Prospect Stall Tactics

Those in sales inevitably face stall tactics designed to prevent prospects from either having to make a decision or having to tell you no. It can be one of the most challenging of the sales objections, because the root cause of the stall is often not directly or immediately known.

STATE GOVERNMENT

Haslam Names Panel to Recommend Judicial Candidates

NASHVILLE, Tenn. (AP) – Gov. Bill Haslam has named the members of an 11-person council to recommend candidates to fill judicial vacancies in Tennessee.

TennCare Ends Contract With Computer Vendor

NASHVILLE, Tenn. (AP) – TennCare says it is ending its contract with computer vendor Northrop Grumman Corp. and will find another company to develop a computer system to determine Medicaid eligibility.

NATIONAL BUSINESS

Help Wanted: US Job Openings at 14-Year High

WASHINGTON (AP) – The rapid hiring that made 2014 a stellar year for job gains is showing no sign of slowing down.

AirTran Leads US Airlines in On-Time Arrivals; Envoy Last

AirTran Airways tops all U.S. airlines in the latest rankings for on-time arrivals, knocking off perennial winner Hawaiian Airlines.

NATIONAL GOVERNMENT

Federal Deficit in October-December Up Slightly at $176.7 Billion

WASHINGTON (AP) – The federal deficit for the first three months of the budget year is up slightly from the same period a year ago, reflecting the absence of a special payment from mortgage company Freddie Mac that helped narrow the gap in 2014.

House GOP Majority Aiming to Soften Financial Overhaul Law

WASHINGTON (AP) – The newly bulked-up Republican majority in the House is aiming to soften the bite of legislation that grew out of the 2008 financial crisis and put banks and Wall Street under the most sweeping rules since the Great Depression.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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