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VOL. 130 | NO. 19 | Thursday, January 29, 2015

Wharton Defends, Touts Record at State of the City

Memphis Mayor A C Wharton Jr. defended and touted Thursday, Jan. 29, his administration’s pursuit of the economic development projects that his challengers in the October city elections will likely use to make their case.

Appointment Viewing

Crye-Leike improves home showing process

In 2014 Crye-Leike Realtors totaled 183,000 scheduled appointments for house showings, a logistical feat considering all the moving parts involved.

Jobless Rates for Memphis, Shelby County Drop

The unemployment rates for Shelby County and the city of Memphis both fell by about a percentage point in December, according to new figures out today from the Tennessee Department of Labor and Workforce Development.

Settlement Could Fund I-Zone Schools

With federal money about to run out for the Shelby County Schools Innovation Zone schools, the $8 million in cash due from the city of Memphis next month is most likely to land in the bank account for that effort.

Shelby County Foreclosures Dip 22 Percent in 2014

Foreclosures took an even sharper dive in 2014 than they did in 2013. Compared to a 15 percent slide from 2012 to 2013, over the past year residential foreclosures in the county slipped 22 percent, from 3,555 in 2013 to 2,787 in 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.

Local Weather
Memphis, TN
A Few Clouds
Wind: Southwest at 9.2 mph
Humidity: 87%


The Association for Women Attorneys will host its 35th annual banquet and silent auction Thursday, Jan. 29, at 5:30 p.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Cost is $60 for AWA members, $70 for nonmembers and $40 for law students. RSVP to Keating Lowery at keatingl@lawrencerussell.com or 901-844-4438.

more events »

Foreclosures Fall in Fourth Quarter, December

Foreclosures and foreclosure notices were both down in 2014, but their percentage declines were smaller in the fourth quarter than for the full year.

100 N. Main Recommended for Historic Register, Pinch Decision Delayed

A state board is recommending that the skyscraper at 100 N. Main St. Downtown be listed on the National Register of Historic Places, a move that could allow the owner to seek tax credits and grants to redevelop the building.

Grizz Atop Southwest Division Despite Challenges

Playing without starting point guard Mike Conley (left wrist sprain) and swingman Tony Allen (left ankle sprain), the Grizzlies pounded the Mavericks 109-90 Tuesday night, Jan. 27, in Dallas and perhaps delivered a message to the rest of the Western Conference:

Woodstock High School Plans Change

Last year when Shelby County Schools leaders began planning to change attendance zones to reconfigure student assignments to take into account the demerger of public education in Shelby County, the plan for a new Woodstock High School drew cheers from parents in the northwest Shelby County area.


IRA Rollover Changes for 2015

Ray’s Take: Recently, new regulations went into effect that affect your IRAs and rollovers. Prior to 2015, the rule in effect allowed you to do a rollover each year, in which you received a check made out to you, rather than to another IRA custodian, on each IRA you own.

Different From?

I’m fortunate to count Lee Martin, assistant director of Vanderbilt University’s English Language Center, as a weekly reader. Most recently, he writes about my having written, in a recent column, “No different than watching reruns on regular TV, right?


Revised Projections Say Insure Tennessee Would Cover 280,000

NASHVILLE, Tenn. (AP) – Projections for enrollment in Republican Gov. Bill Haslam's proposal to cover low-income Tennesseans have been revised upward to 280,000 people in the first year.


First Time Advertisers Gamble on Super Bowl Ads

NEW YORK (AP) – More Super Bowl ad rookies will be trying to score a touchdown this Sunday.


Fed Stays 'Patient' on Rates While Noting Improving Economy

WASHINGTON (AP) – The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health.

Senate Bill: Vets Won't Trigger Employer Health Law Coverage

WASHINGTON (AP) – A Senate committee voted unanimously Wednesday to exclude veterans from the 50-worker threshold that triggers required coverage for employees under President Barack Obama's health care law.


Renting Out Homes for Super Bowl Can Bring Big Bucks

PHOENIX (AP) – Hundreds of people gather every year to hobnob with A-list celebrities at a charity bash thrown in the Super Bowl's host city. But instead of heading to a trendy nightclub or swanky restaurant, organizers this year are throwing the party inside a private home.


Facebook Launching Trending Super Bowl for the Big Game

PHOENIX (AP) – As Facebook's latest step into sports, the social media giant is launching Trending Super Bowl – a real-time hub for content from Sunday's game between the Patriots and Seahawks.

After Setting iPhone Record, What Does Apple Do Next?

SAN FRANCISCO (AP) – Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and sent the stock climbing more than 7 percent on Wednesday.

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PROPERTY SALES 77 77 11,602
MORTGAGES 79 79 13,506
BANKRUPTCIES 53 53 7,526

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