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VOL. 130 | NO. 27 | Tuesday, February 10, 2015

Developer Says Now is Time for One Beale

A favorable lending environment and strong demand for Downtown apartments, hotel rooms and meeting space are providing a window for developers to move forward with a skyline-altering hotel and apartment development overlooking the Mississippi River at the foot of Beale Street, a member of the development team told Downtown officials Tuesday.

New Flavor

Ugly Mug helps Memphis’ coffee scene continue to grow

Get used to seeing more of the Ugly Mug brand in Memphis. An open house in recent days at the Memphis-based roaster’s still relatively new brick-and-mortar location at Poplar Avenue and Perkins Extended was packed with customers and visitors sampling brews and some of the food items on the Ugly Mug menu.

Memphis Begins Eminent Domain Process on Raleigh Springs

Memphis Mayor A C Wharton Jr. told the Memphis Rotary Club Tuesday, Feb. 10, that the city has initiated eminent domain legal proceedings on the Raleigh Springs Mall to possibly demolish parts of it.

Family Entertainment Chain Coming to Memphis

Main Event Entertainment is bringing its “Eat. Bowl. Play.” experience to Memphis with a 50,056-square-foot entertainment center and restaurant at Appling Road and Interstate 40.

Haslam: "No Regrets" on Insure Tennessee, Problems Still Exist

Tennessee Gov. Bill Haslam opened his State of the State address Monday, Feb. 9, where the special legislative session on Insure Tennessee ended last week – the defeat in committee of his Medicaid expansion proposal.

Another Downtown Hotel Could Be On the Way

A Memphis businessman is proposing a suburban-style hotel in the heart of Downtown Memphis while Swedish furniture retailer Ikea moves forward with plans for its first Memphis-area store.

Commission Delays Vote on Lakeland School Site Funding

Shelby County commissioners delayed a vote Monday, Feb. 9, on a shift of county capital funds for the Lakeland Schools System to allow the school system to use it to buy land for the new Lakeland Prep grades 6-12 school being planned.

Seven Memphis-Area RadioShack Stores to Close

Seven RadioShack stores in the Memphis area are among the 1,784 retail sites the company plans to close, according to court documents related to its bankruptcy filing last week.

Grizzlies Dominate Inside in Win Over Atlanta

Guess which NBA team this player is talking about: “It’s a playoff team. It’s a team that’s going to play hard on every possession. Offensively and defensively they pay attention to executing.” That sounds a lot like what many opposing players passing through FedExForum this season have said about the Grizzlies. But it was Tony Allen talking about the Atlanta Hawks – after the Grizzlies defeated the Eastern Conference’s top team 94-88 here last Sunday night.

City Talking Debt Restructure Two Years After State Warning

The Memphis City Council approved changes to city health insurance coverage in June and pension coverage in December.

Local Elections Ramp Up With Gumbo Fest

There were so many contenders for the District 5 seat on the Memphis City Council at the Sunday, Feb. 8, Tennessee Equality Project Gumbo Contest that they occasionally went for the same voter’s hand in the crowd of several hundred.


Fogelman Company Launching Retail Center in East Memphis

6544 Poplar Ave., Memphis, TN 38118 -
A company affiliated with Robert F. Fogelman II plans to build a new retail center on a key piece of land in the heart of East Memphis.


The ‘Carnegie Hall or Bust’ Fundraiser, Part 2

Dr. Todd Robinson is a Navy pilot and flight surgeon, author, film producer, University of Tennessee Health Science Center alumnus and faculty member, and a practicing Memphis physician. He is an M.D. and a Ph.D. But until now there was one area in which he had no experience: fundraising.

Top Domestic Destinations for Americans

Best Beaches, Best Luxury Hotels, Top 10 Islands to Visit, Top 10 Cities for Kids, Top Five Destinations for Seafood – travel lists can be so exhausting.


Few Positive Results in New Welfare Drug Screening

NASHVILLE, Tenn. (AP) – Officials say there have been only a few positive results in the state's new program to drug-test welfare recipients.


Fresh Off Medicaid Loss, Haslam Pivots to Common Core Fight

NASHVILLE, Tenn. (AP) – Fresh off his failed effort to persuade fellow Republicans in the Legislature that he wasn't peddling "Obamacare," Gov. Bill Haslam is pivoting to another tough fight over what he describes as the ruined brand of Common Core education standards.


Traffic Up at Southwest Airlines, Down at American

Airline stocks fell Monday after oil prices rose again and Southwest and American each reported weakness in a key revenue figure.

US Gas Prices Jump 13 Cents a Gallon; Could Go Higher

CAMARILLO, Calif. (AP) – The average price of a regular gallon of gas jumped 13 cents in the past two weeks to $2.20, ending a sustained drop.

Bernie Madoff Trustee Returns $355 Million More to Investors

NEW YORK (AP) – About $355 million distributed last week to investors cheated in Bernard Madoff's Ponzi scheme means over half of allowable claims have been paid in full, the trustee recovering money for investors announced Monday.


Health Care Records Make Fertile Field for Cyber Crime

Those seemingly harmless medical forms everyone fills out before seeing a doctor can lead to identity theft if they get into the wrong hands.

Commission Delays Vote on Lakeland School Site Funding

Shelby County commissioners delayed a vote Monday, Feb. 9, on a shift of county capital funds for the Lakeland Schools System to allow the school system to use it to buy land for the new Lakeland Prep grades 6-12 school being planned.

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PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926

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