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VOL. 129 | NO. 250 | Wednesday, December 24, 2014

City, County Catch Late-Year Economic Development Surge

Through September, things were looking somewhat bleak for Memphis and Shelby County on the economic development front.

This Year: Accomplished

Tigers’ bowl win caps historic 10-win season

Late in what already was an improbable and wondrous season, University of Memphis linebacker Charles Harris was talking about the contrast between life before Justin Fuente became the Tigers’ head coach and life after Fuente became head coach.

Antiques Market Planned for Memphis

A juried, biannual market for all things vintage is headed to Memphis next year, the product of two friends who share a love of antiques, flea markets, barn sales and giving new life to things that have a bit of history to them.

Five Indicted of Fraud in Benefits Case

A year after federal agents boxed up records and other items at several day cares and grocery stores in an investigation of fraud in federal nutrition and child care benefits, a federal grand jury has indicted five people for the fraud totaled at millions of dollars in public money.

Court Injunction Bars Trio as Tax Preparers

U.S. District Judge Thomas Anderson has ordered three tax preparers with ties to the Mo’ Money tax refund scandal from working as tax preparers or having anything to do with the preparation and filing of federal tax returns in any way.

Local Weather
Currently
Memphis, TN
89.0°F
A Few Clouds
Wind: East at 9.2 mph
Humidity: 42%

EVENTS

The Daily News offices will be closed for Christmas Thursday, Dec. 25, and Friday, Dec. 26. Offices will reopen Monday, Dec. 29, at 8:30 a.m.

more events »

NEWSMAKERS

Pitts-Murdock Leading Library’s Teen Services

R. Janae Pitts-Murdock has been named coordinator of teen services for the Memphis Public Library and Information Center, a role in which she’s responsible for coordinating teen programs, partnerships and special initiatives across 18 locations.

LOCAL COLUMNISTS

Make These LinkedIn Resolutions for 2015

Much like the old adage that we only use 10 percent of our brains, you may fall into the camp of LinkedIn users leveraging less than a tenth of what this robust business-networking platform has to offer.

Don’t Be a Hero, Leave Rates at Zero

As if we needed further evidence that investment markets price off of central bank soliloquies, markets worldwide rallied 4.5 percent last week in reaction to a short press release from the U.S. Fed.

REGIONAL

Google Sues Mississippi Attorney General

JACKSON, Miss. (AP) – A federal judge has denied Google Inc.'s motion to block enforcement of a subpoena issued by Mississippi Attorney General Jim Hood that seeks information from Google about parts of its operations, including information about advertising for imported prescription drugs.

NATIONAL BUSINESS

US Economy Accelerates, Helps Lift Dow Above 18,000

WASHINGTON (AP) – A surge in U.S. economic growth lifted stocks Tuesday to record highs and showed that the United States is putting distance between itself and struggling economies around the world.

Federal Mediators Offer Help in Port Labor Dispute

LOS ANGELES (AP) – Federal mediators have offered to get involved in negotiations to resolve a labor dispute between longshoremen and shipping lines that threatens to disrupt movement of goods through West Coast ports.

Walgreen Fiscal First-Quarter Profit Jumps 16 Percent

Stronger sales from established stores helped Walgreen trump first-quarter expectations, and the nation's largest drugstore chain said Tuesday that a major acquisition expected to stoke its global reach and buying clout should close next week.

NATIONAL GOVERNMENT

Probe Fails to Link IRS Scandal to White House

WASHINGTON (AP) – A House Republican investigation faults senior IRS officials in the mistreatment of conservative groups that applied for tax-exempt status, but could find no link to the White House, according to a report released Tuesday.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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