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VOL. 130 | NO. 15 | Friday, January 23, 2015

EDGE Approves Ikea Incentives

Swedish furniture retailer Ikea has been awarded an 11-year tax break to develop a $64 million store near Interstate 40 and Germantown Parkway that is expected to employ 175 people.

Pink Palace Secret

Museum officials say new technology will bring history alive

The Memphis Pink Palace Museum’s 3-D digital theater opened this past March and its upgraded planetarium is to open in June.

Ford Jr. to Headline Dunavant Award Event

Former U.S. Rep. Harold Ford Jr. will be the keynote speaker for the March 25 Dunavant Public Servants Awards luncheon hosted by the Rotary Club of Memphis East.

Gasol First Grizzlies Player to Start NBA All-Star Game

In a franchise first, Memphis Grizzlies center Marc Gasol has been voted by the fans to the Western Conference starting lineup for the 2015 NBA All-Star Game.

First Horizon Ends 2014 on Upswing

The parent company of First Tennessee Bank wrapped up its 150th anniversary year by delivering $213 million in net income to shareholders, up from $24 million for 2013.

Local Weather
Currently
Memphis, TN
74.0°F
Fair
Wind: Calm mph
Humidity: 79%

EVENTS

The Booksellers at Laurelwood will host Sharon Draper, author of “Stella by Starlight,” for a discussion and signing Friday, Jan. 23, at 6:30 p.m. at the bookstore, 387 Perkins Road Extended. Visit thebooksellersatlaurelwood.com.

more events »

Dixie Pickers to Open in Former Tommy Bronson Space

Dixie Pickers, a retailer offering sporting goods, outdoor clothing, hunting gear, guns and other outdoor accessories, has signed a lease with Loeb Properties for a new store location at 964 June Road near the intersection of Poplar Avenue and Yates Road in East Memphis.

Haslam on Statewide Tour to Tout Insure Tennessee

Tennessee Gov. Bill Haslam says he isn’t counting votes in the Tennessee legislature just yet for his Insure Tennessee Medicaid expansion proposal.

Raymond James Tower Fetches $20 Million

How much is a 21-story skyscraper overlooking the Mississippi River worth? About $1 million a floor.

Legendary Memphis Studio Has No. 1 Hit With ‘Uptown Funk’

The Mark Ronson song “Uptown Funk” featuring Bruno Mars has spent a few weeks now in the top spot on the Billboard Hot 100 chart.

SPORTS

Presumptive All-Star Starter Marc Gasol Concerned With One Thing: Winning

His night’s work done, center Marc Gasol put on a gray suit and stood in front of his locker and waited for the inevitable questions about the NBA All-Star Game.

Memphis Season a Monument to Mediocrity

Good news and bad news. Let’s start with the bad news. This University of Memphis basketball team is not good enough for things to get much better.

LOCAL COLUMNISTS

Frogs And Toads

OF FROGS AND TOADS. Years and years ago, I was served a couple of striking culinary metaphors that have not only proven to be unforgettable but seem to get better and better with age.

Know What to Carry to Interviews

It’s official: Hiring season is on! Chances are good you’ve been sending out your resume online for every interesting job out there. Soon, you’ll find yourself invited for in-person interviews.

NATIONAL BUSINESS

Airlines Expect Another Big Year With Help From Cheaper Fuel

DALLAS (AP) – Leaders of United and Southwest gave an upbeat forecast for 2015 that combined strong travel demand and cheaper fuel. Airline stocks soared on Thursday.

Southwest Beats Street 4th-Quarter Forecasts

DALLAS (AP) Southwest Airlines Co.'s fourth-quarter net income slipped 10 percent due to the effect of fuel-hedging contracts that lost value as oil prices tumbled, but the company's results beat Wall Street expectations.

NFL Players Find Second Careers as Entrepreneurs

As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.

Cadillac Wants Small Dealers to Upgrade to 'Boutique' Stores

DETROIT (AP) – In an effort to better compete with BMW and Mercedes, Cadillac wants about 700 smaller U.S. dealers to create "boutique" stores that focus on the General Motors luxury brand.

Family Dollar Shareholders Approve Dollar Tree Takeover

NEW YORK (AP) – The battle over dollar stores is nearly over. Family Dollar shareholders voted on Thursday to approve a takeover bid by rival Dollar Tree, despite higher competing offers from Dollar General.

NATIONAL GOVERNMENT

Lew Says Congress Should Turn Efforts Toward Business Taxes

WASHINGTON (AP) – The Obama administration is pushing Congress to simplify federal business taxes after Treasury Secretary Jacob Lew said Democrats and Republicans are too far apart to agree on sweeping changes to taxes paid by individuals and families.

Government Adds Emergency Brake Features to Safety Device List

DETROIT (AP) – The U.S. government's auto safety agency wants to add two automatic emergency braking devices to its list of recommended safety features for new-car buyers.

TECHNOLOGY

Reports: Google Planning to Sell Wireless Phone Service

SAN FRANCISCO (AP) – Google is planning to sell wireless phone service directly to consumers using the networks of Sprint and T-Mobile, according to reports published Wednesday.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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