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VOL. 129 | NO. 226 | Wednesday, November 19, 2014

Fairgrounds Project Linked to Schools Lawsuits

Attorneys for the city of Memphis and for Shelby County Schools are trying another round of court-ordered mediation before the Thanksgiving holiday in the six-year-old lawsuit over school funding.

Master Plan

UTHSC campus plan capitalizing on opportunity

Progress is usually expensive and seldom convenient. But the alternative?

Council Votes Down Water Rate Hike, Wharton Hybrid Pension Plan

Memphis City Council members voted down a water rate hike of 2.3 percent Tuesday, Nov. 18, proposed by Memphis Light Gas and Water Division. And the council voted down Memphis Mayor A C Wharton Jr.’s hybrid pension plan change for city employees with under 10 years on the job.

AutoZone Ordered to Pay $185 Million Over Pregnant Bias

SAN DIEGO (AP) – A federal jury in San Diego has hit AutoZone with $185 million in punitive damages after finding that the company retaliated against a pregnant manager, eventually demoting and firing her.

Shelby County Commissioners Agree to Drop Lawsuit

Voices were raised and gavels were used to rule people and motions out of order. Motives were questioned and potential conflicts of interest were cited.

Local Weather
Currently
Memphis, TN
59.0°F
Fair
Wind: Southwest at 11.5 mph
Humidity: 38%

EVENTS

National Civil Rights Museum will host a lunch and learn with Daphene McFerren, director of The Benjamin Hooks Institute at the University of Memphis, Wednesday, Nov. 19, from noon to 1 p.m. at the museum, 450 Mulberry St. The topic is “Freedom’s Front Line: The Voting Rights Struggle in Fayette County, Tenn.” Cost is free; bring your own lunch. Visit civilrightsmuseum.org.

more events »

Lang Brings One-Man Show to Orpheum

Hollywood star Stephen Lang is a familiar presence on the silver screen, most famous for his roles in movies like “Avatar,” in which he plays Colonel Quaritch, and “Tombstone,” which includes his turn as Ike Clanton.

KPMG Signs Lease in East Memphis, Leaving Downtown

After a year-long study of different options, audit, tax and advisory firm KPMG has made its move from Downtown to East Memphis official with its announcement today of the signing of a 10-year 3-month lease at Highwoods Properties’ Triad Centre III at 6070 Poplar Ave.

Wharton Defends Record, ‘Tough’ Decisions

When he ran for Memphis mayor in the 2009 special election, A C Wharton Jr. said he was running to win, but also to change the nature of the city’s politics.

NEWSMAKERS

Bohannon to Chair Junior Achievement Board

Morgan Bohannon has been named chairman of the board of director of Junior Achievement of Memphis & the Mid-South Inc. Bohannon, the regional market manager for iHeartMedia, became engaged with Junior Achievement when iHeartMedia sponsored the “Broadcast Center” at JA BizTown in 2012. He joined the board soon thereafter and has been involved ever since.

LOCAL COLUMNISTS

Mobile Advertising Trends

2014 marked the first year that mobile Internet usage surpassed desktop, which is no doubt why a recent Forrester Research study predicts sales from consumers shopping on mobile phones will increase to $38 billion this year.

New Tech Imperatives for CEOs

It’s no secret that in today’s economy, small- and medium-sized businesses must constantly reinvent themselves in order to maintain relevancy in their marketplace.

MEMPHIS AREA

99 Charged in Shelby County in Check Cashing Ring

MEMPHIS, Tenn. (AP) – Authorities say 99 people have been charged with cashing more than $41,000 in checks using an illegally obtained state of Tennessee account number.

STATEWIDE

Tennessee Has Lowest Number of Uninsured in Decade

NASHVILLE, Tenn. (AP) – A new University of Tennessee report says the number of uninsured people in Tennessee has hit a 10-year low.

TBI Receives New Accreditations

NASHVILLE, Tenn. (AP) – The Tennessee Bureau of Investigation has obtained new accreditations for its forensic facilities in Nashville, Memphis and Knoxville.

NATIONAL BUSINESS

Feds: Bullying, Lying Debt Collectors an Epidemic

NEW YORK (AP) – The country is facing an epidemic of unscrupulous debt collectors willing to pose as law enforcement and threaten arrest to squeeze dollars out of Americans, a top prosecutor said Tuesday as he announced the arrests of seven people who worked for an Atlanta-area company.

REAL ESTATE

US Homebuilder Sentiment Rallies in November

WASHINGTON (AP) – U.S. homebuilders' confidence rebounded in November as both sales expectations and buyer traffic improved.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 23 23 8,633
BUILDING PERMITS 196 196 42,533
BANKRUPTCIES 55 55 13,957
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 56 56 13,567
MARRIAGE LICENSES 23 23 5,092

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