» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 129 | NO. 247 | Friday, December 19, 2014

Target, Cummins Awarded Tax Breaks

Two companies won approval Wednesday, Dec. 17, for tax incentives for projects that will create around 1,400 jobs.

Wharton Whirlwind

Mayor to ask City Council to approve schools settlement

Memphis Mayor A C Wharton Jr. will ask the Memphis City Council to approve the approximately $30 million in city funding at the core of the settlement of the six-year-old schools funding controversy and lawsuit.

Conn’s Inc. to Open Second Store in Memphis

Specialty retailer Conn’s Inc. will open a second store in Memphis, the second of possibly three stores the Texas-based home appliances and furnishings chain plans to open in Tennessee.

Ardent Studios Founder John Fry Dies

Back when he was in his mid-teens, John Fry would make frequent trips to the music store in front of Stax, the Satellite Record Shop, where Stax co-founder Estelle Axton would sell the future Ardent Studios founder 45s from behind the counter.

St. Louis Fed Memphis Executive Stepping Down

After getting her master’s degree in economics from Washington University in St. Louis, Martha Perine Beard joined the Federal Reserve Bank of St. Louis as a management trainee in 1971.

Local Weather
Currently
Memphis, TN
53.0°F
Fair
Wind: Northeast at 10.4 mph
Humidity: 64%

EVENTS

American Red Cross will hold a blood drive Saturday, Dec. 20, from 11 a.m. to 3 p.m. at Bumpus Harley Davidson, 325 S. Byhalia Road. Visit redcrossblood.org or call 800-REDCROSS for eligibility requirements and appointments.

more events »

Nearly 500 to Lose Jobs in Shelby County

Nearly 500 employees in Shelby County will lose their jobs by next June, including 210 at Cargill Inc. and 84 at Delta Airlines, according to the state Department of Labor and Workforce Development.

Southwest Adding Seasonal Baltimore Flight

Southwest Airlines is adding a seasonal second daily nonstop flight between Memphis International Airport and Baltimore-Washington International Airport to its summer schedule, which begins June 7.

SPORTS

Tigers Look to Go 1-0 At Miami Beach Bowl

December was always sort of depressing. How could it not be? If you’re a college football player and you’d just finished another disappointing season, losing many more games than you had won, how were you supposed to be excited by the bowl season?

For Tigers, Any Win is Good

The Tigers’ problems are solved. Or at least they are when they make 11 threes, shoot 52.4 percent from long range, and almost 80 percent at the free-throw line.

Q&A: Al Bond, University of Memphis senior offensive lineman

Fast Facts: First-team American Athletic Conference selection; started all 12 games at right tackle, playing 798 of 915 offensive snaps; been starter since midway of freshman year; stands 6-foot-4 and 305 pounds; graduate of Southwind High School; enrolled in graduate school after receiving undergraduate degree in correctional administration.

LOCAL COLUMNISTS

A Present for the Kids

GIVE THANKS. This Christmas, our country has given our kids a chance. As a county, we had a chance to do it for ourselves but local government wouldn’t fund it and local citizens wouldn’t pay for it. As a state, our governor had to be talked into asking for it and our Legislature would rather not talk about asking for help at all.

Preparing for January

In less than three weeks, the race will be on. Are you ready? You may wonder what race I’m talking about. It’s time for one of the most important races of your life. The race to your dream job.

STATEWIDE

Troubled Youth Center Making Improvements

NASHVILLE, Tenn. (AP) – A troubled Middle Tennessee youth detention center has increased security and is making changes to its behavior-modification program in hopes of preventing future rioting and escapes, officials said Thursday.

TBI Suspends Involvement in 24th Judicial District

DECATURVILLE, Tenn. (AP) – The Tennessee Bureau of Investigation director has suspended the agency's investigations in the five-county judicial district where the high-profile homicide of a 20-year-old nursing student is being prosecuted, saying the decision comes from an argument with District Attorney General Matt Stowe.

REGIONAL

Mississippi Universities Win Final OK to Raise Tuition

JACKSON, Miss. (AP) – Mississippi's College Board gave final approval Thursday to plans for the state's eight public universities to raise tuition by an average of 3.2 percent this fall.

NATIONAL BUSINESS

US Regulators Label Metlife as Potential Financial Threat

WASHINGTON (AP) – Major insurer MetLife Inc. says U.S. regulators have labeled it as a potential threat to the financial system, a designation that brings stricter government oversight.

Constantly Changing Online Prices Stump Shoppers

NEW YORK (AP) – Online shopping has become as volatile as stock market trading. Wild, minute-by-minute price swings on everything from clothes to TVs have made it difficult for holiday shoppers to "buy low."

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 61 17,604
MORTGAGES 68 68 20,494
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 183 183 35,999
BANKRUPTCIES 38 38 11,720
BUSINESS LICENSES 28 28 5,588
UTILITY CONNECTIONS 92 92 12,126
MARRIAGE LICENSES 25 25 4,382

Weekly Edition

Issues | About

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