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VOL. 130 | NO. 197 | Friday, October 9, 2015

Strickland Upsets Wharton In Memphis Mayor's Race

Not even close. Mayoral challenger Jim Strickland rolled up a wide margin over incumbent Mayor A C Wharton in the early-vote totals in advance of the Oct. 8 election day count.

Five City Council Races Destined for Runoffs

The identity of the Memphis City Council that will take office in January with six new members was still in flux at the end of a very long and frustrating Oct. 8 election night.

Belz Sells Office Building Near Windyke for $7.8 Million

Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.

Historic Clayborn Temple to be Restored

Clayborn Temple, the home base for the sanitation worker strikes of 1968, is on its way to restoration after decades of neglect and four years on the market. Nonprofit Neighborhood Preservation Inc. is taking over what is expected to be a multimillion-dollar project to return the church to religious, educational and community uses.

Graceland West Gets LUCB’s Green Light

Graceland is getting another expansion with a recently approved planned development dubbed Graceland West.

Local Weather
Currently
Memphis, TN
67.0°F
Mostly Cloudy
Wind: Southeast at 9.2 mph
Humidity: 66%

EVENTS

43rd annual Pink Palace Crafts Fair will be held Friday through Sunday, Oct. 9-11, in Audubon Park. Shop for artisan crafts and enjoy live music, artists demonstrations, family activities and more. Visit memphismuseums.org for hours and ticket prices.

more events »

Groups Want More Memphians to Discover River’s Front Yard

Once upon a time it was called the “promenade.” In 1828, two years after the city of Memphis was incorporated, the city’s founders and their successors put it in writing.

Memphis Health Care Staffing Company Tweaks Brand

A female-owned, Memphis-based health care business is tweaking its brand to reflect the full scope of its footprint and convey its national ambitions.

Students Get Leadership Lessons With Sonima Tour

Memphis-area students are getting a lesson in how to become tomorrow’s leaders with the Live Sonima Tour, a collaboration with the Sonima Foundation that allows young people to access the tools and inspiration necessary to become better students, leaders and individuals.

SPORTS

Grizz May Be Able to Speed Up A Few Minutes at a Time

It meant nothing – the final score, the individual stats … none of it mattered. And yet when the Grizzlies ran out for the first preseason game of the 2015-16 season, before a half-empty FedExForum on Tuesday Oct. 6, it felt good and it felt right.

Even Joe Buck Knows Value Of a Cubs World Series

Baseball needs the Chicago Cubs.

Matt Barnes: NBA looking into incident with Knicks' coach

MEMPHIS (AP) — Grizzlies forward Matt Barnes says the NBA is investigating what happened with his former teammate, Knicks coach Derek Fisher, in California and called the incident a "personal matter" involving someone who was a good friend at one point.

LOCAL COLUMNISTS

A Pothole 26 Years Deep

CRUISING LIKE IT’S 1989. Let’s pretend you can get three cans of tomato soup at Seessel’s for a buck instead of just one, a six-pack of Bud for four bucks instead of six or seven, and a pound of hamburger for 89 cents instead of five bucks. Hell, let’s pretend there’s a Seessel’s.

Good, Fast and Cheap

If you’ve ever worked for a large corporation, you’re probably familiar with the phrase, “You can only pick two: good, fast or cheap.” The idea is that you can create a new product that’s good in a short timeframe if you’re willing to pay enough. Or, you can create a product that’s good and cheap, but it’s going to take some time. Or, you can make a product that’s fast and cheap, but it’s not going to be very good. Expecting to produce a product that’s good, fast and cheap just isn’t realistic.

A September to Forget

September typically delivers negative performance, and this September was no exception. September’s poor performance punctuated a dismal third quarter. Using MSCI stock indices, the USA, Europe and the emerging markets fell 7 percent, 9 percent and 18 percent respectively. Feeling down? You are not alone…

REGIONAL NEWS

Miss. Governor Up with TV Ads, But No Air Time Yet for Dem

JACKSON, Miss. (AP) — Mississippi Gov. Phil Bryant's campaign is running its first TV commercials this election season, but a new analysis shows his Democratic challenger, truck driver Robert Gray, hasn't bought any air time.

NATIONAL BUSINESS

Airlines Post Better On-Time Rate but Get More Complaints

WASHINGTON (AP) — More flights are arriving on time but consumer complaints about the airlines have risen sharply.

Holiday Sales Seen Rising 3.7 Percent

NEW YORK (AP) — Americans are expected to spend at a slower pace than last year during the crucial winter holidays, weighed down by sluggish wage growth and other factors, according to the nation's largest retail industry trade group.

REAL ESTATE

Average US Rate on 30-Year Mortgages Falls to 3.76 Pct.

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell sharply this week amid concern over a labor market that has shown recent signs of weakness.

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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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