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VOL. 130 | NO. 23 | Wednesday, February 4, 2015

Luttrell Warns of Tax Hike Without Insure Tennessee

Two hours before the state Senate committee vote in Nashville that signaled the death of Gov. Bill Haslam’s Medicaid expansion proposal, Shelby County Mayor Mark Luttrell said failure to pass the expansion could mean a county property tax hike to fund Shelby County’s public safety net hospital.

Living Well

Breakfast to highlight mental health

Depression doesn’t make reservations in advance. It just descends. There is also no formula for a human being’s breaking point. Especially when there could be neurologic or psychiatric forces in play, perhaps without the affected person even being aware of them.

Skyline-Changing Tower Project Planned for Beale

The resurrected One Beale project at Riverside Drive and Beale Street has returned to a two-tower plan that will include 280 apartments, 40,000 square feet of retail and meeting space, 20,000 square feet of office space and a 300-room hotel.

Loeb Properties Targets Broad Avenue

Memphis-based Loeb Properties will help revitalize another core city neighborhood. Fresh off redeveloping Overton Square and currently involved in the Highland Strip, Loeb has set its sights on Broad Avenue.

Say Cheese Food Truck Launches Next Week

The city’s food truck scene has exploded over the past year or so, and new entrants have steadily continued to join the mix.

Local Weather
Currently
Memphis, TN
60.0°F
Fair
Wind: South at 5.8 mph
Humidity: 72%

EVENTS

Memphis Library Foundation will hold a groundbreaking ceremony for the teen learning lab Wednesday, Feb. 4, at 11 a.m. at its future site in the Benjamin L. Hooks Central Library, 3030 Poplar Ave. The name for the lab will be announced at the ceremony. Visit memphislibraryfoundation.org.

more events »

Wharton Administration Willing to Explore Coliseum Renovation

Memphis Mayor A C Wharton Jr. is willing to explore a renovation of the Mid-South Coliseum, but he doesn’t want to delay getting state approval for a Tourism Development Zone to finance an amateur sports tournament complex at the Mid-South Fairgrounds.

Work Begins on Insure Tennessee Plan

The first House session of the Tennessee legislature’s special session begins Wednesday, Feb. 4, after committee work on the only piece of business before the General Assembly – the Insure Tennessee Medicaid expansion proposal.

NEWSMAKERS

Berryhill Promoted at Reynolds, Bone & Griesbeck

Paul B. Berryhill has been promoted to tax partner at Reynolds, Bone & Griesbeck PLC. In his new role at the certified public accounting and advisory firm, his primary responsibilities are developing and managing client relationships, developing and training staff members, being a technical tax resource for the firm and assisting in the management of the firm.

LOCAL COLUMNISTS

Investing in Entrepreneurship Key to City’s Success

When approaching economic development in Memphis, it’s important to consider the impact that high-growth entrepreneurial companies have made locally and nationwide.

Word of Mouth Still Crucial for Adding Sales

Building the customer base of a small business is not the same challenge it was 10 years ago. As digital content grows and it becomes more affordable to access, business owners are competing with more voices to be heard by potential customers.

Proposed Budget Cuts Make Tennesseans With Disabilities Even More Vulnerable

It stands to reason that there is one group of vulnerable Tennesseans we all must band together to protect: our family, friends and neighbors with intellectual and developmental disabilities.

Health of 200,000 Tennesseans Depends on Governor’s Proposal

As a nurse serving Tennesseans for over 32 years, I know intimately what sickness looks like, and what it takes to build a healthy life. One of the most important things to ensuring the health and wholeness of our communities is access to affordable health insurance.

STATE GOVERNMENT

Harwell Offers Chairmen to Prepare Alternate Medicaid Plan

NASHVILLE, Tenn. (AP) – House Speaker Beth Harwell says she has offered to have her committee chairmen draw up an alternate proposal for Gov. Bill Haslam if his Insure Tennessee plan appears to be headed for defeat in the ongoing special legislative session.

Haslam Makes Insure Tennessee Case to Lawmakers

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam told lawmakers Monday evening that his proposal to extend health coverage to 280,000 low-income Tennesseans is needed to improve lives and fix a "broken health care system."

NATIONAL BUSINESS

S&P Paying $1.38 Billion to Settle Charges Over Crisis-Era Ratings

WASHINGTON (AP) – Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis, the Justice Department announced Tuesday.

Automakers Report January US Sales Jumps, Led By GM, Toyota

DETROIT (AP) – Automakers reported double-digit U.S. sales increases in January, a sign that car sales didn't spin out even with a major snowstorm hitting the Northeast.

Coke Bets on 'Premium Milk' to Boost Declining Category

NEW YORK (AP) – Coke is coming out with premium milk that has more protein and less sugar than regular. And it's betting people will pay twice as much for it.

TECHNOLOGY

Groupon Founder Takes a Detour With New Audio Tour App

SAN FRANCISCO (AP) – Two years ago, Andrew Mason faced an unexpected detour when he was ousted as CEO from the online discount site he founded, Groupon. Now the tech executive's back on the entrepreneurial path, with an iPhone app selling unconventional audio tours of major cities. It's called – you guessed it – Detour.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 296 17,839
MORTGAGES 83 360 20,786
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 161 671 36,487
BANKRUPTCIES 46 192 11,874
BUSINESS LICENSES 16 96 5,656
UTILITY CONNECTIONS 28 175 12,208
MARRIAGE LICENSES 32 92 4,449

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