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VOL. 130 | NO. 5 | Thursday, January 8, 2015

Tennessee Brewery Redevelopment Plans Emerge

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

Trekking In

Google extends Street View technology in Memphis

Google already has mapped cities like Memphis extensively via the company’s now familiar, camera-equipped Street View cars, which produce interactive images that can be explored by a curious user. The search company, though, has also taken that technology a step farther, with the result available in Memphis starting today.

Haslam Calls Special Session on Medicaid

Tennessee Gov. Bill Haslam has set Feb. 2 as the date for a special session of the Tennessee Legislature on his Medicaid expansion proposal.

Concerns Raised About Ikea Incentives

Some city of Memphis officials are concerned that offering tax incentives to Swedish furniture retailer Ikea could set a dangerous precedent, one that could open the door for other retailers, including large mall owners, to seek the tax breaks.

Schools Funding Back to Mediation

When the city of Memphis and Shelby County Schools leaders and their attorneys meet Thursday, Jan. 8, to restart mediation sessions, there will be some familiar terms on the table to resolve the six-year-old funding dispute between the two.

Local Weather
Currently
Memphis, TN
92.0°F
A Few Clouds
Wind: Southwest at 3.5 mph
Humidity: 46%

EVENTS

Memphis Botanic Garden and Artists’ Link will host the Incognito Art Exhibit, featuring unsigned original works by 100 Mid-South artists, Thursday, Jan. 8, through Jan. 30 at the garden, 750 Cherry Road. The show will culminate in an art gala and silent auction Jan. 30. Admission to the exhibit is free; tickets to the gala are $25 for members and $35 for nonmembers. Visit memphisbotanicgarden.com/incognito or call 901-636-4131.

more events »

City Council Vacancy Draws Seven Applicants

Seven citizens, including two former Memphis City Council members, applied to fill the open District 7 council seat by a noon Wednesday, Jan. 7, deadline set by the body.

Turnover-Prone Tigers Travel to SMU

Before the University of Memphis had played its first American Athletic Conference game this season, Tigers coach Josh Pastner declared the league race “wide open.”

Greenline Bike Repair Stations Open

For most bike riders on the Shelby Farms Greenline it’s what might be called the offseason, which makes this the perfect time for the soft opening of four bike repair stations by the Shelby Farms Park Conservancy and Conway Services, which is sponsoring the stations.

LOCAL COLUMNISTS

Money Management Principles

Ray’s take: Most things in life involve a set of basic principles, and money management is no exception to the rule.

On Growing

“Dear Judge Vic, In last week’s column, you wrote, ‘A repeating scene in “Breaking Bad,” which I’ve now watched twice, involves the protagonist’s birthday.’ This was a sly segue into talking about your birthday. (Happy birthday, BTW, belatedly!) My question is, Did you watch the repeating scene twice? Or did you watch the series twice? /s/ Muy Curioso.”

STATEWIDE

UT Medical School Looking at Expansion

NASHVILLE, Tenn. (AP) – The University of Tennessee Health Science Center says it is looking at expanding its program in Nashville.

STATE GOVERNMENT

Haslam's 2nd Inauguration Theme is 'Together for Tennessee'

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam plans for his inauguration to a second term include an outdoor ceremony, a dinner and ball and tours of the state Capitol and governor's mansion.

NATIONAL BUSINESS

Survey: US Companies Stepped Up Hiring in December

WASHINGTON (AP) – U.S. businesses ramped up hiring last month in the latest sign that the nation's economy is expanding despite worries about global growth that have sent financial markets tumbling.

NATIONAL GOVERNMENT

Despite Global Weakness, Fed Upbeat About US Economy

WASHINGTON (AP) – Federal Reserve policymakers who met in December expressed concern about weakness overseas but were upbeat enough about the U.S. economy and impact of lower oil prices to prepare for a likely interest rate hike sometime this year.

FAA to Require Airlines Use Data to Prevent Accidents

WASHINGTON (AP) – New federal rules announced Wednesday will require airlines to collect and analyze safety data in an effort to spot troubling trends and help prevent accidents.

Obama to Reduce FHA Mortgage Premium Rate to Spur Buying

WASHINGTON (AP) – First-time homebuyers whose home loans are guaranteed by the Federal Housing Administration would benefit from an Obama administration move to lower mortgage insurance premiums.

Shrinking Foreign Oil Bill Sends US Trade Deficit Lower

WASHINGTON (AP) – The U.S. trade deficit fell in November to the lowest level in almost a year, thanks to the country's swiftly shrinking thirst for foreign oil.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 90 140 15,764
MORTGAGES 100 162 18,210
FORECLOSURE NOTICES 0 13 2,418
BUILDING PERMITS 194 315 32,829
BANKRUPTCIES 57 116 10,129
BUSINESS LICENSES 25 50 5,228
UTILITY CONNECTIONS 35 64 6,213
MARRIAGE LICENSES 26 50 3,463

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