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VOL. 130 | NO. 53 | Wednesday, March 18, 2015

New Tigers Football Facility Nears Kick-Off

The long-awaited goal of an indoor practice facility for the University of Memphis football team is becoming a reality.

Flinn Signals Exit From City Council

In the political mathematics of an election year, another seat on the Memphis City Council just opened up – sort of.

Women on Board

Transportation conference aims to bring more females to the industry

A career in the “transportation industry” equals 18 wheels, hour after hour of rolling down gray ribbons of highway and obligatory stops at weigh stations.

FedEx 3Q profit jumps, but revenue, outlook disappoint

NEW YORK (AP) FedEx Corp.'s third-quarter profit jumped more than 50 percent and beat Wall Street expectations on a mix of volume growth and lower fuel costs.

City Council Approves Debt Restructuring

Memphis City Council members voted 8-4 Tuesday, March 17, to approve a proposed restructuring of city debt payments.

Local Weather
Currently
Memphis, TN
79.0°F
A Few Clouds
Wind: South at 10.4 mph
Humidity: 39%

EVENTS

Society of Female Transportation Professionals Mid-South will host the second annual Blue Pump Gala Wednesday, March 18, at 5:15 p.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Tickets are $50. Visit memphis.edu/setwc for details.

more events »

First Horizon to Host Shareholders

Shareholders of First Tennessee Bank’s parent company will have an opportunity next month to share their input on the direction of the company when they gather for its annual meeting in Memphis.

Salinger Legal Case Surfaces in Memphis Federal Court

A Memphis company that last summer published three short stories by J.D. Salinger in the U.S. is suing the J.D. Salinger Literary Trust over its plans to publish the trio as “Three Early Stories” in foreign markets.

State Legislators Misfire In Rush to Impress NRA Attendees

With the National Rifle Association bringing 75,000 people to Nashville for its April 10-12 convention, the timing is seemingly right for the General Assembly to impress by passing a bevy of gun bills.

Grizzlies Go Green With Slate of Environmental Events

The Seventh Annual NBA Green Week is March 22-29 and Memphis Grizzlies players, staff and volunteers will play their part in the league-wide initiative to shed light on a brighter, greener future for the Memphis community.

NEWSMAKERS

Daily News Names Managing Editor

Jane A. Donahoe has joined The Daily News Publishing Co. as managing editor. In her new role, she oversees award-winning coverage of business and government news for both The Daily News and The Memphis News.

LOCAL COLUMNISTS

Facebook Marketing Strategies

Facebook is a platform that has more than 1.39 billion monthly active users that, in theory, can be accessed for free. Seems like a no-brainer for businesses to be on board with a presence on the social media site.

STATE GOVERNMENT

Secret 'Pre-Meetings' Become Commonplace in Tennessee House

NASHVILLE, Tenn. (AP) – Tennessee House committees are increasingly gathering in cramped, tucked-away conference rooms in the legislative office complex to hold secret "pre-meetings" to discuss pending legislation. The public isn't informed or invited.

Tennessee School Voucher Bill Headed for Full Senate Vote

NASHVILLE, Tenn. (AP) – The House sponsor of a proposal to create a school voucher program in Tennessee says he's taking his time moving it through the legislative process after it failed in the last two legislative sessions.

Haslam to Meet Educators Next Week in School Funding Dispute

CHATTANOOGA, Tenn. (AP) – Tennessee Gov. Bill Haslam says he'll meet with the leaders of the state's four largest school districts next week to discuss an ongoing dispute over education funding.

NATIONAL BUSINESS

As Fed Weighs a Rate Hike, US Economy is Looking a Bit Paler

WASHINGTON (AP) – Just as the Federal Reserve seems to be inching toward an interest rate hike because of the strengthening U.S. job market, its task is getting more complicated:

In Battle for Coffee Pod Market, It's Keurig vs. Recyclables

LINCOLN, Calif. (AP) – One measure of how heated the environmental battle has become over coffee giant Keurig Green Mountain's $5 billion-a-year plastic pods is how often the company's opponents use galactic comparisons.

NATIONAL GOVERNMENT

Federal Debt Limit Comes Back Into Force at $18.1 Trillion

WASHINGTON (AP) – After a year with no cap on government borrowing, the federal debt limit has come back into force.

TECHNOLOGY

The Latest Way to Pay Someone From Your Phone: Facebook

NEW YORK (AP) – Facebook's Messenger app will soon let you send your friends money, the latest in a crowded field of services aimed at an increasingly wireless and cashless generation.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 352 4,385
MORTGAGES 74 402 5,260
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 224 656 9,589
BANKRUPTCIES 49 241 3,423
BUSINESS LICENSES 26 137 1,709
UTILITY CONNECTIONS 35 234 3,747
MARRIAGE LICENSES 17 78 1,003

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