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VOL. 130 | NO. 10 | Thursday, January 15, 2015

Morris: Public Transit Tops Downtown Goals

A stronger and more vital public transportation presence in Downtown and a plan for development of land south of Central Station are two priorities of the Downtown Memphis Commission for the coming year.

Center of Attention

Pinch District in spotlight as Bass Pro opening nears

The Pinch District, one of the city’s oldest neighborhoods and commercial centers, will receive some much-needed tender loving care in advance of Bass Pro Shops opening its massive store at The Pyramid May 1.

Strickland In Mayor's Race, Wharton Responds

After months of speculation, Memphis City Council member Jim Strickland confirmed Thursday, Jan. 15, he is in the 2015 race for Memphis mayor.

Plans for UT/West Institute for Cancer Research Unveiled

With an initial $2.5 million donation from the Plough Foundation, the West Cancer Center formally announced Thursday, Jan. 15, the creation of the nonprofit University of Tennessee/West Institute for Cancer Research at the center’s Germantown location on Wolf River Boulevard.

BSDC to Exit as Beale Landlord, Keep Old Daisy

The Beale Street Development Corp. would no longer be the landlord of the Beale Street Entertainment District under terms of a tentative agreement with the city of Memphis.

Local Weather
Currently
Memphis, TN
53.0°F
Mostly Cloudy
Wind: from the Southwest at 16.1 gusting to 25.3 mph
Humidity: 43%

EVENTS

Eyewear Gallery will hold free vision screenings for the effects of blood pressure on vision Thursday, Jan. 15, and every Thursday in January from 2 p.m. to 4 p.m. at the store, 428 Perkins Road Extended. Visit eyeweargallery.com or call 901-763-2020.

more events »

Youth Take Charge of Ignite Memphis Event

Ignite Memphis is a popular event young professionals typically pack each time it’s held, in addition to participating as speakers. The events revolve around a group of people making slide-based presentations about any topic they want, featuring whatever they want to say about anything they think can hold a crowd’s interest.

Tigers Prepare for Cincinnati Without Cronin

Every team has its adversities. For the University of Cincinnati Bearcats, there’s a big one: playing this season without head coach Mick Cronin on the sideline.

Former University of Memphis Provost Ralph Faudree Dies

Ralph Faudree, the former provost of the University of Memphis from 2001 to his retirement in 2012, died Tuesday, Jan. 13, according to the university.

Strickland To Announce Political Plans For October Ballot

Memphis City Council member Jim Strickland has called a Thursday, Jan. 15, press conference Downtown to announce his political plans in this city election year.

LOCAL COLUMNISTS

Financial Terms You Should Know

Ray’s take: Do you know the RMD for your IRA? How about your AGI for the IRS? Or does the alphabet soup of financial terms leaving you scratching your head?

Puzzles Live

“Life’s a puzzle. Let’s fill in the blanks.” That’s the title of a speech I’ve been giving of late. Without being too literal, I find parallels between crosswords and everyday existence.

2015: The Currency War

War sounds scary. In the traditional sense, war evokes casualties and loss. For investors, currency wars simply convey economic redistribution.

STATE GOVERNMENT

Fellow Republicans Reluctant About Haslam's Health Proposal

NASHVILLE, Tenn. (AP) – Tennessee Gov. Bill Haslam's plan to offer health coverage to more than 200,000 low-income Tennesseans is getting a tepid response from fellow Republicans in the Legislature – so much so, that he has yet to find a Senate sponsor for his proposal.

GOP Leader Says Tennessee Lawmakers Will Approve VW Incentives

NASHVILLE, Tenn. (AP) – A top Republican in the Tennessee General Assembly expects his colleagues to approve the state share of a $300 million incentive package for Volkswagen despite misgivings over a "secret deal" for the United Auto Workers union at the German automaker's plant in Chattanooga.

NATIONAL BUSINESS

Fed Survey Finds Moderate Economic Growth

WASHINGTON (AP) – The U.S. economy was growing at a moderate pace in December and early January, helped by gains in sales of autos and other consumer products, increased factory production and a pickup in tourism in various parts of the country, the Federal Reserve reported Wednesday.

Key Interest Rate Falls as Investors Seek Safety

NEW YORK (AP) – A barometer of Wall Street's anxiety flashed red on Wednesday, when traders rushed to the safety of U.S. government bonds.

NATIONAL GOVERNMENT

IRS Cuts Taxpayer Services as Filing Returns Gets Harder

WASHINGTON (AP) – The IRS is cutting taxpayer services to historically low levels just as President Barack Obama's health law will make filing a federal tax return more complicated for millions of families.

HEALTH CARE

FDA Approves Appetite-Zapping Implant for Obese Patients

WASHINGTON (AP) – Federal regulators have approved an appetite-suppressing implant designed to treat obesity by zapping nerves that connect the stomach and the brain.

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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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