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VOL. 130 | NO. 211 | Thursday, October 29, 2015

Orgill to Build New World HQ in Collierville

Orgill Inc. is going to build its new world headquarters in Collierville, bringing a $15 million investment and 115 new jobs.

Saddle Creek Announces New Store Openings

Several tenants have been announced for the Saddle Creek shopping center in Germantown.

State Systems Inc. Buys New HQ

One of the Economic Development Growth Engine’s latest payment-in-lieu-of-taxes recipients is expanding its market footprint and real estate holdings with the recent purchase of seven Memphis properties.

Hillary Clinton to Visit Memphis

Hillary Clinton is headed to Tennessee next month, with plans to make appearances in both Memphis and Nashville.

WEVL Celebrates Independence, Good Music in Memphis

Downloadable podcasts, iTunes, YouTube, Spotify, Pandora – digital services like these and others have played a big part in replacing what a younger generation thinks of radio.

Local Weather
Currently
Memphis, TN
53.0°F
Fair
Wind: Northeast at 10.4 mph
Humidity: 64%

EVENTS

AlliedBarton Security Services will host a free seminar titled “Workplace Violence: Layoffs, Terminations and Active Shooter Situations” on Thursday, Oct. 29, from 8 a.m. to noon in the Christian Brothers High School auditorium, 5900 Walnut Grove Road. Event is open to the public; RSVPs required to nancyt@vorticom.com.

more events »

St. Jude to Build Three-Story Data Center

St. Jude Children’s Research Hospital has released plans for its new three-story data center at the northeast corner of St. Jude Place and the Danny Thomas Boulevard overpass.

Mo’s Bows CEO Named One of TIME’s ‘Most Influential Teens’

When one of Memphis’ youngest CEOs took the first steps toward what would become his internationally recognized company Mo’s Bows, he did it under the watchful eye of his grandmother, who showed him how to use her scrap fabric to make and sell his own ties.

SweetBio Uses Honey for Oral Healing

Honey is more than just a sweet substance for SweetBio. It’s the main ingredient in the healing process that comes with its guided tissue regeneration membrane that will be used in oral surgeries.

SPORTS

Memphis Still ‘Taking Care of Business’

Justin Fuente was well aware of the history. Big victories had been followed by big letdowns. It happened to the University of Memphis in 1996. After the epic upset of No. 6 Tennessee, the Tigers ended the season with a 20-10 loss to East Carolina.

LOCAL COLUMNISTS

Traits That Lead to Better Finances

Ray’s Take Saving money isn’t all about whether or not you know how to score the bargain of the century every time. It has more to do with your habits and attitude toward money. Understanding the impact of personal traits on finances is essential for building wealth.

No Pain

“Boy that feels good!” I exclaimed this morning.

Bipartisan Brakes for Governor Haslam’s Privatization Push

Plans to put Tennessee’s real estate and government operations in the hands of private business are much further along than Gov. Bill Haslam would like people to think.

STATE GOVERNMENT

Ramsey Springs to Haslam's Aid on Tennessee Outsourcing Talk

NASHVILLE, Tenn. (AP) – Senate Speaker Ron Ramsey is dismissing rising concerns among fellow Republicans about Gov. Bill Haslam's efforts to privatize elements of state government as a result of complaints from "squeaky wheels" in their districts.

Three Tennessee Appeals Judges Finalists for Supreme Court Vacancy

NASHVILLE, Tenn. (AP) — Three state appeals judges appointed by Gov. Bill Haslam were selected Tuesday as finalists to fill a vacancy on the Tennessee Supreme Court.

STATEWIDE

Report: Small to No Change on Tennessee National Test Scores

NASHVILLE, Tenn. (AP) — Two years after Tennessee proclaimed itself the fastest-improving state for education in the country, that growth has leveled off, according to a national report that concluded the state has seen little to no change in fourth- and eighth-grade math and reading scores over the last two years.

NATIONAL BUSINESS

Fed Keeps Rate at Record Low but Will Consider December Hike

WASHINGTON (AP) — The Federal Reserve is keeping its key short-term interest rate at a record low in the face of threats from a weak global economy and excessively low inflation. But it suggested the possibility of a rate hike in December.

US Economy Likely Crawled Last Quarter but Outlook Brightens

WASHINGTON (AP) — The U.S. economy has resembled an especially dizzying roller-coaster ride this year, with a hurtling dive followed by a steep climb leading to yet another slide.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 61 17,604
MORTGAGES 68 68 20,494
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 183 183 35,999
BANKRUPTCIES 38 38 11,720
BUSINESS LICENSES 28 28 5,588
UTILITY CONNECTIONS 92 92 12,126
MARRIAGE LICENSES 25 25 4,382

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