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VOL. 130 | NO. 57 | Tuesday, March 24, 2015

Harahan Bridge Could Get Brighter

Memphis civic and business leaders are in the early stages of talking with an anonymous donor about lighting the Harahan Bridge while a Memphis-based movie theater titan is exploring building a new theater Downtown.

Magic Johnson to Announce Booker T. Washington High Endowment

Former NBA star Earvin "Magic" Johnson will be in Memphis Friday, March 27, to announce the endowment of a $30,000 scholarship fund for seniors at Booker T. Washington High School.

Growth Cycle

Victory Bicycle Studio preparing to expand, hunting for new location

When he’s not busy selling bikes and hooking anyone he can deep into bike culture, Victory Bicycle Studio owner Clark Butcher is thinking about the next location of his business.

Overton Park Protests Challenge Parking Pact

On the first Saturday of spring, a group of eight protesters blocked overflow Memphis Zoo parking on the Overton Park greensward for several hours.

Achievement School District Changes Frayser Leadership

The state-run Achievement School District is changing the leadership of its Frayser public schools.

Local Weather
Currently
Memphis, TN
39.0°F
A Few Clouds
Wind: South at 6.9 mph
Humidity: 62%

EVENTS

Vaco Memphis will hold a continuing professional education event for accountants and CPAs Tuesday, March 24, from 8 a.m. to noon at Memphis Botanic Garden, 750 Cherry Road. Topics include revenue recognition, T&E fraud management and the results of the 18th annual CEO survey. Admission is $75 cash or check at the door. Visit facebook.com/vacocpeseries or call 901-333-2250.

more events »

Jindal Offers Political Red Meat On Foreign Policy

Some politicians considering a bid for president will talk a lot about the details of running a nationwide campaign at a point like this – more than a year and a half until the Presidential general election but less than a year out from the Presidential primaries.

Tigers Baseball Team Enjoys 10-Game Win Streak

The University of Memphis baseball team is riding a 10-game winning streak, but the most amazing part of that streak is that the Tigers have played eight games consecutive games without postponement.

Sammons Appointment Stalled, Wharton Makes Other Moves

His plan to make Jack Sammons his new chief administrative officer is stalled – at best – but other parts of Memphis Mayor A C Wharton Jr.’s election-year overhaul of his administration are starting to move.

REAL ESTATE RECAP

New Tigers Indoor Football Facility Nears Kick-Off

1115 E. Getwell Loop, Memphis, TN 38152, Permit Amount: $15 million -
The long-awaited goal of an indoor practice facility for the University of Memphis football team is becoming a reality.

LOCAL COLUMNISTS

Health Care Revitalization

Health care is always in the news: advances in health care technology, groundbreaking research, and health care disparities are just a few. Yet there’s one story we rarely hear: the role of hospital or medical center related health care foundations.

Inside a Travel Planner’s Methods

It’s a little-known fact, but a few years ago I started a trip-planning business.

STATE GOVERNMENT

Bid to Revive Tennessee Medicaid Expansion Moving in Senate

NASHVILLE, Tenn. (AP) – An effort to revive Gov. Bill Haslam's Insure Tennessee proposal is advancing in the state Senate.

NATIONAL BUSINESS

Tax Refund Advances Appeal to More Cash-Strapped Americans

WASHINGTON (AP) – Cash-strapped Americans anxious for tax refunds are increasingly turning to payment advances, prepaid cards or other costly services when getting tax preparation help, according to new federal data raising concerns among regulators about whether consumers are fully informed about the fees.

NATIONAL GOVERNMENT

Obama, Wowed By Young Scientists, Announces New STEM Pledges

WASHINGTON (AP) – The small Lego machine inside the White House whirred, and in a moment it was turning the pages of a story book. One page flipped, then another, ever faster as President Barack Obama marveled at its efficiency.

High Court Will Hear DirecTV Appeal Over Termination Fees

WASHINGTON (AP) – The Supreme Court will consider whether satellite provider DirecTV can cut off a class action lawsuit and force customers suing over early termination fees into private arbitration hearings instead.

REAL ESTATE

US Home Sales Rebound Slightly in February

WASHINGTON (AP) – Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months.

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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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The Memphis News: Business, politics, and the public interest.