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VOL. 130 | NO. 38 | Wednesday, February 25, 2015

Allegiant Air to Take Off in Memphis

Allegiant Air will bring its ultra-low-cost service to Memphis International Airport beginning May 22 with nonstop flights to Orlando and Ft. Lauderdale, Fla., and its hometown of Las Vegas, the company announced Wednesday.

Blues Birthplace

Gateway to the Blues Museum opens on Highway 61 in Tunica

Every day, Tunica, Miss., was missing an opportunity. Worst of all, that opportunity was passing by on the Blues Highway, also known as U.S. 61.

Memphis in May Unveils Music Festival Lineup

Memphis in May International Festival has unveiled the lineup for the Beale Street Music Festival that will unfold over three days in May at Tom Lee Park. The event is expected to bring a crowd of more than 100,000.

Neff Named Executive Director of Brooks Museum

The board of trustees of the Memphis Brooks Museum of Art has voted unanimously to name Emily Ballew Neff as the museum’s executive director.

European Cruise Giant Viking Plans Mississippi River Tours

NEW ORLEANS (AP) – European river cruise giant Viking, already gaining a high profile in the United States with its sponsorship of popular PBS television shows, announced Tuesday that it will make New Orleans its first North American home port for Mississippi River cruises expected to begin by late 2017.

Local Weather
Currently
Memphis, TN
45.0°F
A Few Clouds
Wind: North at 6.9 mph
Humidity: 46%

EVENTS

Rhodes College will host writer and translator Sarah Ruden for its annual Batey Lecture Wednesday, Feb. 25, at 7 p.m. in the Hardie Auditorium of Palmer Hall on campus, 2000 North Parkway. Ruden will present “Divine Comedy, Earlier Than You Think: Vergil, Augustine, the Bible.” Cost is free. Visit rhodes.edu.

more events »

Attorneys Recall Role of Law in Events of 1968

David Caywood still remembers the memorandum of understanding that almost settled the 1968 sanitation workers strike before Martin Luther King Jr.’s assassination.

University of Memphis Engineering Alumni Plan Busy 2015

The alumni chapter of the University of Memphis Herff College of Engineering is ramping up efforts to help develop a strong engineering community in the city.

Crye-Leike Opens New Midtown Office

Crye-Leike leadership, Realtors and representatives from the Greater Memphis Chamber braved frigid temperatures Monday to commemorate the opening of a new Midtown office on Union Avenue. Led by managing broker Carol Lott, the new office is located at 1715 Union Ave.

NEWSMAKERS

Crone Promoted at Trane Mid-South

Jim Crone has been promoted to comprehensive solutions business development manager with Trane Mid-South. In his new role, Crone will work with large commercial, industrial and institutional customers throughout the Mid-South to develop performance-based comprehensive solutions for capital improvements and operational efficiencies.

LOCAL COLUMNISTS

PR That Gets Media Results

The press release was written with no mistakes, explaining all the virtues of your company’s remarkable product. It was sent to all the newspapers and TV stations, and you even managed to send it to select radio stations and bloggers.

2015 Financial Markets Off to Converse Start From 2014

The first two months of the calendar year can present an intriguing opportunity to examine the state of the financial markets, as fourth quarter earning’s season is basically complete. Let’s take a look first at the broad equity markets, starting with a 2014 review:

Insure Your Love

Ahhh, February. The month that we proclaim our love to the ones that we hold dear. Now that the roses are withered and the chocolates devoured, with only a few extra pounds to show for it, do you still feel the love? Our love is the glue that keeps our family close, but it won’t pay the bills if we aren’t here.

NATIONAL BUSINESS

US Consumer Confidence Slides After Big January Gain

WASHINGTON (AP) – U.S. consumers are feeling a bit less confident this month, but their spirits are still at the highest levels since before the Great Recession.

JPMorgan to Close 5 Percent of Bank Branches

NEW YORK (AP) – JPMorgan Chase is planning to close 300 bank branches, or about 5 percent of the total, over the next two years, as more customers move to online and mobile banking and the bank looks to reduce its overall expenses.

NATIONAL GOVERNMENT

Yellen Reiterates Fed's Patience in Raising Rates

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but that for now the Fed is will remain patient about raising interest rates because the job market is still healing and inflation is too low.

VA Secretary Apologizes Anew for Misstating Military Service

WASHINGTON (AP) – Veterans Affairs Secretary Robert McDonald says integrity and character "is part of who I am" and apologized anew for erroneously claiming he served in the military's special forces.

REAL ESTATE

Fewer Homes for Sale Pushes Up US House Prices in December

WASHINGTON (AP) – U.S. home prices rose in December at a faster pace than the previous month, likely because of a much smaller number of homes for sale.

HEALTH CARE

Survey: Uninsured Rate Hit New Low in 2014

WASHINGTON (AP) – Even as it faces another Supreme Court challenge, President Barack Obama's health care law has steadily reduced the number of uninsured Americans, according to an extensive survey released Tuesday.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 115 270 19,843
MORTGAGES 141 311 23,225
FORECLOSURE NOTICES 16 64 8,368
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 74 196 13,300
BUSINESS LICENSES 25 48 6,185
UTILITY CONNECTIONS 40 125 13,120
MARRIAGE LICENSES 15 73 4,915

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