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VOL. 129 | NO. 214 | Monday, November 3, 2014
SPECIAL EDITION Commercial Real Estate

Mississippi Company Waited Years to Acquire The Horizon

Walker Thrash, principal of Dawn Properties Inc., first heard about The Horizon shortly after work on the ambitious condominium tower overlooking the Mississippi River ground to a halt in 2009.

Battle Rages On Between Regional Foes

In October, Old Dominion Freight Line Inc. opened the door, or 267 doors to be more precise, on its new $30 million service center in Memphis.

Turner Looks to Increase Professional Advancement in Commercial Real Estate

Bob Turner has a diverse background in real estate, including long stints in both residential and commercial development.

City, County Take Different Paths on Insurance

City of Memphis human resources director Quintin Robinson came from City Hall on the other side of the Main Street Mall last week to watch how Shelby County government handled changes to its health insurance plan for employees.

Local Weather
Currently
Memphis, TN
41.0°F
Light Rain
Wind: East at 13.8 mph
Humidity: 96%

EVENTS

Memphis Reads, the citywide community reading program, will host Dinaw Mengestu, author of Memphis Reads selection “The Beautiful Things That Heaven Bears” Tuesday, Nov. 4, for a reading at 5:30 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. Mengestu will also speak at 8 p.m. at the University Theater on the Christian Brothers University campus, 650 East Parkway S. Both events are free. Visit cbu.edu.

more events »

Evans Rules City Health Insurance Cuts Can Proceed

Chancellor Walter Evans has denied a move by city government retirees to stop the city from enacting changes to health insurance coverage effective Jan. 1.

SMALL BUSINESS

Gordon Creates ‘Happy Place’ With Muddy’s Grind House

Ever since she opened her East Memphis bakery in 2008, Muddy’s Bake Shop founder and owner Kat Gordon has been repeatedly asked to expand.

LOCAL COLUMNISTS

Navigating a New Era of Medical Innovations

Executive director of Cleveland Clinic Innovations, Gary Fingerhut, discusses the emerging era of medical innovation and commercialized new inventions and platforms.

Finding Ways to Promote Workplace Engagement

A Gallup research study of employee engagement released in 2012 found that only 30 percent of employees in the workplace in the United States are actively engaged in the work they do. Which means that 70 percent of the employees are either not engaged, (52 percent), or actively disengaged (18 percent).

MEMPHIS AREA

Memphis Dermatologist Accused of Medicare Fraud

MEMPHIS, Tenn. (AP) – Federal prosecutors say a civil complaint has been filed against a Memphis dermatologist accused of defrauding Medicare.

STATEWIDE

Nashville Superintendent: No to Closing Some Schools

NASHVILLE, Tenn. (AP) – Nashville's school chief says underperforming schools in the north end of the city will remain open because there aren't enough facilities for students if any of them shut down.

MTSU Poll Shows Haslam, Alexander With Big Leads

NASHVILLE, Tenn. (AP) – A new poll by Middle Tennessee State University indicates Gov. Bill Haslam and fellow Republican U.S. Sen. Lamar Alexander hold wide leads over their Democratic challengers, but support for the incumbents hovered at or below 50 percent.

Rivals Gear Up for Next Round of Tennessee Whiskey War

NASHVILLE, Tenn. (AP) – The passage of several months since a heated legislative debate over the legal definition of Tennessee whiskey has done little to mellow the dispute between two global liquor giants and the growing number of craft distillers caught between them.

NATIONAL BUSINESS

US Consumer Spending Down 0.2 Percent in September

WASHINGTON (AP) – U.S. consumer cut spending in September for the first time in eight months, as incomes grew at the slowest pace this year. The figures underscore nagging economic soft spots that are expected to ease in the coming months.

HEALTH CARE

Medicare Paid for Meds After Patients Were Dead

WASHINGTON (AP) – Call it drugs for the departed: A quirky bureaucratic rule led Medicare's prescription drug program to pay for costly medications even after the patients were dead.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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