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VOL. 129 | NO. 210 | Tuesday, October 28, 2014

Restoration of Midtown Landmark Days Away

Renovation of the historic Nineteenth Century Club building on Union Avenue in Midtown will begin in a matter of days, according to a local preservation group.

Rock On

60th anniversary heralds Memphis’ musical past

The 60th anniversary this year of a seminal moment in the formation of rock ‘n’ roll, a moment that also happens to be a bedrock episode in Memphis music lore, has come with all the attendant tributes and celebrations to be expected for such a milestone.

Commission Chair Sued by Seven Members

Seven Shelby County Commissioners are suing commission chairman Justin Ford for stopping them from adding items to the body’s agenda.

Two Charter Groups Bow Out of New ASD Schools

Two veteran Memphis charter school operators announced Monday, Oct. 27, that they are bowing out of plans to operate new schools in the state-run Achievement School District next year.

Wright Medical Merges With Tornier In $3.3 Billion Deal

Wright Medical Group Inc. of Memphis announced Monday, Oct. 27, a merger of the specialty orthopedic company with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices.

Shareholder Seeks AutoZone Political Disclosures

AutoZone’s board of directors is recommending shareholders vote against the motion a shareholder plans to present at the company’s annual meeting in December that would ask the auto parts retailer to provide greater detail on its political spending.

Commission Moves Health Insurance Vote to Thursday

Shelby County Commissioners moved a critical vote on changing health insurance benefits for county employees to a special Thursday, Oct. 30, meeting in a Monday session dominated by the proposed changes.

Redbirds Family Loses Former Player

St. Louis Cardinals outfielder Oscar Taveras, a top prospect who played for the Memphis Redbirds the past two seasons, was killed in a car accident on Sunday, Oct. 26, in the Dominican Republic. He was 22.

Schools, Development Dominate Germantown Races

Germantown will have a new mayor once all of the votes are counted Nov. 4 in the city’s municipal elections on the ballot.

Early Vote Turnout Lags Behind 2010

Early voting turnout in advance of the Nov. 4 Election Day was running about 17,000 voters behind the early vote turnout four years ago for the same election cycle through the second and final weekend in the early voting period.

REAL ESTATE RECAP

CWCapital Sheds Willow Lake Buildings

3900, 4100 Willow Lake Blvd., Memphis, TN 38118, Sale Amount: $1.9 million -
Two buildings inside Willow Lake Business Park and Corporate Park in Hickory Hill have been sold for $1.9 million.

LOCAL COLUMNISTS

Hidden Fundraising Challenges

Not all fundraising challenges lie in the actions – or lack of action – by donors, board members, staff and volunteers. Some are hidden in plain sight. Consider the following.

STATEWIDE

Alexander Returns to Positive Message for Final Ad

NASHVILLE, Tenn. (AP) – Republican U.S. Sen. Lamar Alexander is returning to familiar themes touting his long political career in Tennessee in what his campaign is calling the "closing TV ad" of his race against Democratic challenger Gordon Ball.

House Speaker Harwell Open to Governor's Bid

PARIS, Tenn. (AP) – Republican state House Speaker Beth Harwell is open to a possible run for statewide office in Tennessee.

NATIONAL GOVERNMENT

Fed Will Likely Signal No Rate Hike Anytime Soon

WASHINGTON (AP) – The global economy has slumped. Turmoil has gripped financial markets. And the U.S. job market, despite steady gains, still isn't fully healthy.

Obama Taking Action to Push Manufacturing

WASHINGTON (AP) – President Barack Obama is expanding his push for increased manufacturing in the United States by directing federal money toward new technologies, apprenticeship programs and competitions designed to assist small manufacturers.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 46 229 20,995
MORTGAGES 74 248 24,609
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 478 837 43,174
BANKRUPTCIES 61 177 14,079
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 29 114 13,625
MARRIAGE LICENSES 20 67 5,136

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The Memphis News: Business, politics, and the public interest.