VOL. 132 | NO. 30 | Friday, February 10, 2017
The Memphis and Shelby County housing market got off to a good start in 2017 with a 28 percent increase in total home sales for the area and the largest number of new-home permits since the housing market crash.
2017 may be another busy stretch for mortgage bankers in Shelby County, if the atypically busy start to the year is any indication.
The Memphis Convention & Visitors Bureau is setting up shop Down Under with a sales and marketing effort aimed at Australia and New Zealand.
There was dancing in one of the adult rooms at the Porter-Leath Early Childhood Academy Thursday, Feb. 9. On the eve of Friday’s formal opening of the $9.3 million building in Longview Heights, relief teachers and teacher coaches were doing a sort of twist in a circle around the tables and chairs – the kind of thing most of the 224 children, ages 4 and younger, will be doing starting Feb. 21 when they put the new building to the ultimate test.
Germantown Mayor Mike Palazzolo wants Tennessee Gov. Bill Haslam to take his foot off the gas pedal when it comes to phasing out the Hall tax on dividend and investment income. And in a Wednesday, Feb. 8, letter to Haslam, Palazzolo makes a case for local governments getting a greater share of Hall tax revenues as the income tax is phased out.
The toys are in their cubbyholes. No stray Legos yet. The little chairs tucked neatly under little tables. The tall trees with their bare branches are much in need of little eyes inspecting their twisted branches and the shadows they make on the winter ground.
The proposed Midtown Market mixed-use development at Union Avenue and McLean Boulevard has changed as its developers continue to seek financing and adjust more than a year after they unveiled the ambitious but tentative plan.
The union representing Memphis Police officers and the city administration are just about ready to start negotiating a new contract.
Calling the governor’s fuel-tax plan a “slap in the face” of working Tennesseans, legislative Democrats are making a move to offset increased costs at the pump by phasing out the grocery tax.
NASHVILLE – State Sen. Mark Norris is planning a White House visit to discuss the direction of refugee resettlement despite a federal judge’s ruling blocking President Trump’s immigration and refugee moratorium.
NASHVILLE, Tenn. (AP) – A bill proposed in the Tennessee Legislature would create a sales tax holiday for guns and ammunition.
The extended forecast is promising, sunny with high temperatures in the 60s. University of Memphis baseball coach Daron Schoenrock not only is hoping the forecast for opening weekend at FedExPark vs. the University of Tennessee holds, but that clear skies and warming temps are signs of things to come this season.
When it comes to offense, Butch Jones thinks he knows what’s best for the Tennessee Vols.
Butch Jones did it again. The Tennessee football coach gave opponents press conference fodder with another one-liner while putting his spin on the Vols’ 2017 signing class.
THE PRESS BOX
He got their attention. After the Tigers’ dreadful 72-57 loss at UCF last weekend, coach Tubby Smith put away the diplomacy.
THE TIPPING POINT
In Memphis, two pieces of previously neglected history are gaining some well-deserved recognition. The first is Clayborn Temple, a historic hub of economic justice that sheltered Dr. Martin Luther King Jr. during the sanitation workers strike of 1968. The second is the Lynching Sites Project, which honors places around town where extreme racial violence has occurred.
I AM US. I am Muslim. I am a COGIC Hindu Jewish WASP Jehovah’s Witness. I am a Roman Catholic Buddhist Satanist Seventh Day Adventist and Latter-Day Saint. I am an Atheist Agnostic Humanist Evangelist. I am a Sunni Shia Christian Rastafarian Taoist Sikh. I am a foot-washing, holy-rolling Jain spiritualist and whatever Lord Voldemort is – and I am not.
Ray’s Take With few exceptions, the IRS requires that investors in traditional tax-deferred accounts begin to draw them down when they reach age 70 1/2. Most people are inclined to think about required minimum distributions (RMDs) once they start having to take them. It’s a good idea to start some projections well in advance of that deadline. If you miss the deadline, the IRS will access a penalty of 50 percent of the amount you should have taken.
MEMPHIS, Tenn. (AP) – A Tennessee prosecutor says no criminal charges will be filed against a Memphis police officer who was off-duty when he fatally shot a man last year.
NASHVILLE, Tenn. (AP) – The Tennessee Treasury Department says it returned a record of almost 42,000 claims of unclaimed property in the 2016 budget year.
KNOXVILLE, Tenn. (AP) – A former vice president of the truck stop chain owned by the family of Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam wants a judge to throw out statements he made to federal investigators.
TUPELO, Miss. (AP) – Itawamba Community College president Mike Eaton plans to retire in June after 43 years of service to the college.
ATLANTA (AP) – Coca-Cola's profit fell 55 percent in the most recent quarter as it restructures with hopes of driving future growth.
WASHINGTON (AP) – The U.S. Postal Service said Thursday it lost $200 million during the year-end holiday season, despite a strong quarter of package shipping and expanded use of vote-by-mail in the November presidential election.
WASHINGTON (AP) – President Donald Trump told airline and airport executives Thursday that he supports privatizing America's air traffic control system, according to a top airline industry lobbyist who was in the meeting.
WASHINGTON (AP) – President Donald Trump insisted Thursday that comments by his Supreme Court nominee criticizing his own attacks on the judiciary were "misrepresented," even as Republican and Democratic lawmakers vouched for the veracity of the remarks.