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VOL. 129 | NO. 196 | Wednesday, October 8, 2014

Home Sales Spike Surprises Realtors

In welcome – if not slightly surprising – news for the local housing market, home sales jumped in September as housing values continued to rise, providing a measure of relief for a market that has endured slower-than-expected activity.

Football Dreams

Mid-South college football fans, this hot streak is the real deal

Call the doctor, the sports doctor. Because the collective temperature of Mid-South college football fans is at unsafe levels.

Council Delays Pension Action, Broods Over 'Key Members' Designation

Memphis City Council members debated who is a “key member” of the body Tuesday, Oct. 7, as they delayed action on changes to city employee pensions into November.

No Gang Zone Targets Legends Park Area

In June a group of 100 gang members lined both sides of Mosby Avenue between Dunlap and Ayers Streets, shutting down the area, as they celebrated the birthday of a fellow gang member, according to the local Multi-Agency Gang Unit.

Haslam Touts State Constitutional Amendments

Tennessee Gov. Bill Haslam intends to vote for all four of the proposed amendments to the state Constitution on the Nov. 4 ballot, he said during a stop in Memphis Monday, Oct. 6.

Local Weather
Currently
Memphis, TN
69.0°F
Light Rain
Wind: Southwest at 9.2 mph
Humidity: 90%

EVENTS

Talk Shoppe will meet Wednesday, Oct. 8, from 9 a.m. to 10 a.m. at the YMCA corporate office, 6373 Quail Hollow Road, suite 201. Joe Rojas of Alliance Title and Escrow will present “Tips for a Smooth Real Estate Closing.” Cost is free. Visit talkshoppe.biz or call Jo Garner at 482-0354.

more events »

Four Memphis Companies Join The TENN

Launch Tennessee has picked this year’s crop of 10 companies that will participate in The TENN, its master accelerator program for graduates of Tennessee’s nine startup accelerators.

United States Cold Storage Expands in Covington

A refrigerated warehouse logistics provider is expanding in Covington with a $48 million investment that will create 63 new jobs in Tipton County.

Collins Taps Frustration in Possible Mayoral Challenge

Memphis City Council member Harold Collins took his exploratory campaign for Memphis Mayor to the Evergreen Historic District just days after launching the effort on social media.

Retirees, City Attorneys Spar Over Lifetime Subsidies

The move by city retirees to block the end of a 70-percent subsidy of their health insurance premiums by the city of Memphis drew heavy fire Monday, Oct. 6, in Shelby County Chancery Court.

NEWSMAKERS

Bible Joins Shea Moskovitz & McGhee

Kirkland Bible has joined family law firm Shea Moskovitz & McGhee as an associate. In her new position, Bible will represent clients in a variety of family law matters, including divorce, post-divorce and child custody matters.

LOCAL COLUMNISTS

Top Advertising Week Trends

Advertising geeks from across the nation unite annually at “Advertising Week” to hear industry experts share opinions on the current state of advertising and predictions for the future.

MEMPHIS AREA

Investigation Urged in West Memphis Hospital's Closure

LITTLE ROCK, Ark. (AP) — A nonprofit's president wants a special grand jury called to determine if any crimes took place in connection with the closure of an Arkansas hospital.

Calbee North America Locates in Mississippi

SENATOBIA, Miss. (AP) — Snack food manufacturer Calbee North America will set up a factory in a former BMW warehouse in Senatobia.

STATEWIDE

Haslam Questions High Jobless Rate in Tennessee

NASHVILLE, Tenn. (AP) — Republican Gov. Bill Haslam is questioning why Tennessee's unemployment rate remains well above the national level when other statistics indicate the state's jobs picture should be improving.

REGIONAL

Health Advocates Decry Lack of Medicaid Expansion

JACKSON, Miss. (AP) — Groups supporting low-income Mississippi residents say elected officials are hurting hundreds of thousands of people by not expanding Medicaid.

Arkansas Lawmakers Begin Fall Budget Hearings

LITTLE ROCK, Ark. (AP) — Arkansas lawmakers began talks Tuesday about crafting next year's budget amid the uncertainty of the midterm elections and competing demands for increased funding for prisons, schools and other needs.

NATIONAL BUSINESS

Consumer Borrowing up $13.5 Billion in August

WASHINGTON (AP) — U.S. consumers increased their borrowing in August in the category that covers auto loans and student loans but cut back on their credit card borrowing.

IMF Trims Forecast for Global Economic Growth

WASHINGTON (AP) — The International Monetary Fund slightly lowered its outlook for global economic growth this year and next, mostly because of weaker expansions in Japan, Latin America and Europe.

Holiday Sales Seen Rising 4.1 Percent

NEW YORK (AP) — Americans are expected to spend at the highest rate in three years during what's traditionally the busiest shopping season of the year, according to the nation's largest retail industry trade group.

HEALTH CARE

Wal-Mart Cuts Health Benefits for Some Part-Timers

NEW YORK (AP) — Wal-Mart Stores Inc. plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation's largest private employer.

Health Law Waivers: Too Complicated to Claim?

WASHINGTON (AP) — Millions of Americans may qualify for waivers from the most unpopular part of President Barack Obama's health care overhaul. But getting that exemption could be an ordeal.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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