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VOL. 130 | NO. 24 | Thursday, February 5, 2015

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.

Haslam's Insure Tennessee Health Plan Fails in Legislature

Gov. Bill Haslam's proposal to extend health coverage to 280,000 low-income Tennesseans has failed during a special legislative session.

Plans for Retail Center on Former Cozymel's Site Move Ahead

A company affiliated with Robert F. Fogelman II is moving forward with plans to build a new retail center on a key piece of land in the heart of East Memphis.

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.

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.

Local Weather
Currently
Memphis, TN
52.0°F
Overcast
Wind: Southwest at 8.1 mph
Humidity: 47%

EVENTS

Mid-South Area Business Travel Association will meet Thursday, Feb. 5, from 8 a.m. to 10 a.m. at Courtyard Memphis-Collierville, 4640 Merchants Park Circle. Phil Hammer, director of travel services for Runzheimer International, will present “Key Trends in Business Travel Costs.” Tickets are $25 for members and $40 for nonmembers. Visit msabta.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.

McDonald’s Super Bowl Promotion Hits Memphis

A social media analysis via Forbes found that McDonald’s Super Bowl ad was the most-liked spot during the big game.

‘The Team That Beat Memphis’ Has a Target on Its Back

Even now if a University of Memphis fan goes to www.gotigersgo.com and the schedule page for the men’s basketball team, the first thing the fan sees is the 74-70 overtime loss to Division 2 Christian Brothers University.

Wharton, Strickland Close In Campaign Balances So Far

Close isn’t enough when it comes to winning elections. But it works when it comes to financing the campaigns leading to the elections.

LOCAL COLUMNISTS

Save More Or Earn More?

Ray’s Take There are two main ways to increase funds for retirement purposes. Save more of what you currently earn (by spending less) or earn more than you currently do. It’s all about having funds available to invest for your future.

From the Edge

“[I]f you’re not living on the edge, you’re probably taking up too much room.” This lyric, from a 1998 folk song bearing David Roth’s byline, appears earlier in H. Jackson Brown Jr.’s 1993 book, “Live and Learn and Pass It On.”

NATIONAL BUSINESS

Staples Buys Office Depot for $6 Billion to Keep Pace With Change

NEW YORK (AP) – Evolving shopping habits have forced yet another retailer to think outside of the box.

US Services Firms Grew at Slightly Faster Pace in January

WASHINGTON (AP) – U.S. services firms grew at a slightly faster pace in January, led by hotels, restaurants and financial firms.

NATIONAL GOVERNMENT

US to Destroy Its Largest Remaining Chemical Weapons Cache

PUEBLO, Colo. (AP) – The United States is about to begin destroying its largest remaining stockpile of chemical-laden artillery shells, marking a milestone in the global campaign to eradicate a debilitating weapon that still creeps into modern wars.

Civil Rights Sites May Get $50 Million in New Obama Budget

WASHINGTON (AP) – Key civil rights areas around the nation would get $50 million for restoration under President Barack Obama's budget as preparation for the 50th anniversary of the Voting Rights Act begins.

TECHNOLOGY

FCC Chairman Proposes Regulating Internet Like Phone Service

WASHINGTON (AP) – Declaring that the Internet must not be taken over by big business interests, a top U.S. regulator on Wednesday proposed dramatically expanding the government's power to oversee Internet service providers and establishing new rules that would prohibit companies from blocking or slowing data.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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