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VOL. 131 | NO. 11 | Friday, January 15, 2016

4 Applicants Up for Beale Street Gig

A Fortune 500 corporation, the Memphis-based company behind the Delta Fair, a Memphis real estate management firm with office experience, and a newly formed group of Memphians with experience in real estate, entertainment and restaurants as well as commercial development and financing. Those are the four companies that have applied to manage the Beale Street entertainment district.

Strickland Urges Calm in Overton Park Controversy as Protest Planned

A group opposed to Memphis Zoo overflow parking on the Overton Park Greensward plans to plant a tree Saturday, Jan. 16, on the greensward.

RVC Outdoor Submits Ambitious Mud Island Plan

RVC Outdoor Destinations, the Memphis-based company headed by Andy Cates, is proposing a conservancy for Mud Island River Park similar to the Overton Park Conservancy. And its proposal seeks an agreement directly with the city for his company to develop the park, bypassing the Riverfront Development Corp.

Ikea Brings Sustainability Practices to Memphis

Sustainability at large businesses sometimes might seem to only focus on buzzwords such as solar panels, carbon footprints and LEED certification.

Last Word: Secrets In A Small Town, Bullard Bounce and Beale & Mud Island

Munford! A winning Powerball ticket for the largest jackpot ever was sold in Munford and that warrants a rare exclamation mark.

Local Weather
Currently
Memphis, TN
78.0°F
A Few Clouds
Wind: Southwest at 4.6 mph
Humidity: 79%

EVENTS

Habitat for Humanity of Greater Memphis will host the 14th annual Valero Memphis Refinery Tool Box Bash on Friday, Jan. 15, from 7 p.m. to 10 p.m. at Memphis Botanic Garden, 750 Cherry Road. The event will include live and silent auctions, whiskey tasting, live music and more. Tickets are $60 at toolboxbash.com or 901-322-3532.

more events »

Haslam: No Gas Tax Push, For Now

Tennessee Gov. Bill Haslam confirmed Thursday, Jan. 14, that there won’t be a state gas tax hike proposal in this year’s session of the Tennessee Legislature.

Memphis Zoo Removes Trees From Overton Park Greensward

When the Overton Park Conservancy’s staff noticed 27 trees had been removed from the north end of the park’s greensward Monday, they immediately called Memphis Police.

Fed Official: Low Oil Prices Affecting Central Bank Action

A key Fed official assured Memphis business leaders during a breakfast address Thursday, Jan. 14, that interest rates won’t climb dramatically this year.

SPORTS

8 Games Behind Where They Were Last Year, Grizz Need Z-Bo More Than Ever

You can’t say the sports gods don’t have a sense of humor. On Jan. 12, 2015, the Grizzlies made a three-way trade with Boston and New Orleans that sent away the team’s designated whipping boy with fans (Tayshaun Prince) and the pouty Quincy Pondexter and brought in the athletic, the dynamic, the difference-making, Jeff Green.

Stubby and Bo Know First Big-League Hit Is Forever

They will always remember the first one because in baseball, there is no charity.

Tarrant, Tigers Tough Out Win Over Temple

Shaq Goodwin and Dedric Lawson had posted double-doubles. Ricky Tarrant Jr. had the game-winning free throws with a mouth swimming in blood and teeth that were, as Tigers coach Josh Pastner phrased it, “all over the place.”

LOCAL COLUMNISTS

Blowing The Whistle

WE HEAR WHAT WE WANT. I have an old white dog. She’s like a lot of old white dogs. She has a lot wrong with her, aches and pains here and there, problems internal and external, sagging everywhere.

Are You Part of a Sandwich?

Ray’s Take Being a member of the sandwich generation – adults who simultaneously care for children and aging parents – is becoming an increasingly familiar challenge.

STATEWIDE

University of Tennessee Plans Feasibility Study for Neyland Renovation

KNOXVILLE, Tenn. (AP) – Tennessee is looking into a potential renovation of Neyland Stadium.

Volkswagen CEO Understands 'Impatience' On Emissions Fix

CHATTANOOGA, Tenn. (AP) – Volkswagen CEO Matthias Mueller told workers at the German automaker's lone U.S. plant in Tennessee that recovering from a diesel emissions cheating scandal "won't be a walk in the park," but that the company is committed to turning around its prospects in what he called a core market.

REGIONAL NEWS

Barges Hit Railroad Bridge at Vicksburg, 3rd Day Straight

VICKSBURG, Miss. (AP) – For the third day in a row, barges have hit a railroad bridge over the Mississippi River near Vicksburg.

US ECONOMY

No Great Places to Shelter From This Market Turmoil

NEW YORK (AP) — Stock prices are crumbling around the world, but the usual place for investors to go for safety, bonds, can't provide as much cover as usual.

US Stocks Rebound a Day After Plunge, Led by Energy Sector

The major U.S. stock indexes veered higher in afternoon trading, recovering from an early slide. Energy companies led the rally, climbing along with the price of crude oil. The gains came a day after the market had its worst drop since September. Exxon Mobil and Chevron each jumped about 5 percent, by far the largest gains in the Dow Jones industrial average.

Average US Rate on 30-Year Mortgage Falls to 3.92 Pct.

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week amid continued turbulence in global stock markets.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 105 105 9,674
MORTGAGES 82 82 11,396
FORECLOSURE NOTICES 17 17 1,651
BUILDING PERMITS 134 134 20,444
BANKRUPTCIES 58 58 6,495
BUSINESS LICENSES 27 27 3,473
UTILITY CONNECTIONS 48 48 4,031
MARRIAGE LICENSES 32 32 2,211

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