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VOL. 130 | NO. 220 | Wednesday, November 11, 2015

LEDIC to Open New Headquarters in East Memphis

LEDIC, a Memphis-based manager, owner and developer of multifamily properties around the country, is building a new $10.2 million state-of-the-art headquarters facility in Memphis.

American Airlines to Launch Memphis-Phoenix Flights

American Airlines is launching a daily nonstop route between Memphis International Airport and Phoenix Sky Harbor International Airport (PHX), airport leaders announced Thursday, Nov. 11.

New Tech901 Expands City’s Tech Field

A new nonprofit has launched in Memphis to help guide technology job growth, while showing outside companies advantages of doing business in the Bluff City.

Arcade Restaurant, a Memphis Fixture Since 1919, Still Thriving

Situated at the corner of South Main Street and G.E. Patterson Avenue, at the intersection of tradition and quintessential Memphis culture, a diner that beckons guests with a retro sign over the door and similarly old-fashioned decor inside has found a way to endure.

Medical Center Event Highlights New Vision

Micro changes are making way for a new identity for the Memphis Medical District.

Local Weather
Currently
Memphis, TN
60.0°F
Fair
Wind: South at 6.9 mph
Humidity: 62%

EVENTS

The Town of Collierville will open the 110-acre Hinton Park with a ribbon-cutting and dedication ceremony Wednesday, Nov. 11, at 2 p.m. at 10524 E. Holmes Road. The destination park features a five-acre fishing lake, two playgrounds, two disc golf courses and three miles of trails. Call 901-457-2210 for details.

more events »

Haslam Uses Lamar Backdrop To Make Road Funding Case

Tennessee Gov. Bill Haslam still thinks it’s too early to talk about how to pay for a $6.1 billion list of 181 state road projects in 62 counties across the state.

Crowd Rallies to Protest Darrius Stewart Shooting

Around 100 people rallied outside the Criminal Justice Center Tuesday afternoon to protest the fatal police shooting of Darrius Stewart and the decision by a Shelby County grand jury not to indict officer Connor Schilling on any charges in the incident.

SPORTS

Rarely Deployed Weapon: Tigers Punter Spencer Smith Good When He Gets a Chance

The Tigers’ high-powered offense, driven by quarterback Paxton Lynch, is well-documented. Their 44.8 scoring average ranks sixth nationally.

Reports: Grizz Trade for Miami's Chalmers, Ennis

As first reported by Yahoo Sports, the Memphis Grizzlies have made a move to upgrade their bench by trading backup point guard Beno Udrih and second-year forward Jarnell Stokes to the Miami Heat for point guard Mario Chalmers and forward James Ennis.

Commission Cancels Veto Override Meeting

Shelby County Commissioners were set to meet in special session Thursday, Nov. 12, before calling off those plans less than 24 hours later.

I Choose Memphis: Amy Grow

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

NEWSMAKERS

Stacks Named CEO of Signature HealthCARE

Michael Stacks has joined Signature HealthCARE at St. Francis as its CEO, where he’s responsible for day-to-day operations. Stacks, a U.S. Army veteran, most recently served as executive director of Allenbrooke Nursing & Rehabilitation Center in Memphis and Scenic Nursing & Rehabilitation Center in Herculaneum, Mo.

LOCAL COLUMNISTS

Is Anybody There?

In today’s modern world of communication, it should be easier than ever to get in touch with colleagues. We have so many options including the old fashioned telephone, the cell phone, email, text messages and even social media.

Delivering Value To Educated Buyers

These days, most buyers engage in significant online research before they ever consider speaking with sales professionals. Today’s buyers are further along in the sales process, with a much clearer understanding of what they need, before your sales team ever says a word.

Below the Waterline

As of the end of October, the S&P 500 index had gained 2.59%. Unfortunately, for diversified investors, there is more to the story. The S&P 500 is a market capitalization weighted index, meaning the largest of the 500 companies have the largest influence over index performance.

STATE GOVERNMENT

Haslam Uncertain About Seeking Lawmakers' OK on Outsourcing

NASHVILLE, Tenn. (AP) — Gov. Bill Haslam says he's uncertain whether he would seek approval from fellow Republicans in the Tennessee General Assembly about potential plans to privatize state operations.

NATIONAL BUSINESS

Toys Have Best Year in a Decade

NEW YORK (AP) — Toys are staging a comeback.

US Sues Over Proposed Deal Between United, Delta at Newark

WASHINGTON (AP) — The federal government wants to block a deal that would increase United Airlines' grip over Newark Liberty International Airport, saying that it would drive up fares.

McDonald's Won't Pursue Real Estate Investment Trust

OAK BROOK, Ill. (AP) — McDonald's says it will not pursue spinning off its real estate assets.

NATIONAL GOVERNMENT

FDA Clears First New Tobacco Products Under Federal Pathway

WASHINGTON (AP) — The Food and Drug Administration has cleared the first new tobacco products for the U.S. market, under a system authorized more than 5 years ago.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 102 224 17,767
MORTGAGES 127 277 20,703
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 176 510 36,326
BANKRUPTCIES 54 146 11,828
BUSINESS LICENSES 21 80 5,640
UTILITY CONNECTIONS 27 147 12,181
MARRIAGE LICENSES 11 60 4,417

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