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VOL. 131 | NO. 48 | Tuesday, March 8, 2016

Allegiant Adds Two New Memphis Flights

Allegiant has announced new summer service from Memphis International Airport to two sun-drenched locations.

Valerie Smith Appointed Circuit Court Judge

Memphis attorney Valerie L. Smith is the newest Shelby County Circuit Court judge.

St. Louis Cardinals Sell Majority Stake in Memphis Redbirds

Less than two years ago, the St. Louis Cardinals finalized their purchase of their Triple-A affiliate, the Memphis Redbirds. Now, the Cardinals, pending full approval from the Pacific Coast League, have announced on Monday, March 7, that they have reached an agreement to sell a majority interest in the Redbirds to Peter B. Freund, the Principal Owner of Trinity Baseball Holdings.

Shaq Goodwin, Dedric Lawson Receive AAC Honors

University of Memphis senior Shaq Goodwin has been named to the All-American Athletic Conference First Team, while freshman Dedric Lawson was named to the Second Team and to the All-Rookie Team.

Grit and Grind in Cleveland: With 26 Points from Tony Allen, Undermanned Grizz Beat Cavs 106-103

So what’s the real explanation for the Grizzlies’ stunning 106-103 victory over LeBron James and the defending Eastern Conference champion Cleveland Cavaliers? You know, given that they played without (long list here): Marc Gasol, Mike Conley, Zach Randolph, Matt Barnes, Brandan Wright and Chris Andersen?

Greensward Dispute Mediation Begins

The city-backed mediation effort between the Memphis Zoo and the Overton Park Conservancy begins Tuesday, March 8, following a busy weekend in Overton Park that brought out large crowds for the zoo as well as the park in general.

Commission Votes Down Term Limits Referendum On First Reading

Shelby County Commissioners voted down a referendum ordinance Monday, March 7, to eliminate term limits in county government.

Memphis Lags on State Minority Contracts

The state of Tennessee did $400 million in business with minority- and women-owned businesses in 2015. It’s a share local minority business and civic leaders judge as a good number, considering the state spends $2.5 billion in contracts a year.

Last Word: Redbirds Sold, Memphis Burning and When Old Dominick Was Young

Grizzlies over the Cavaliers 106-103 Monday evening in Cleveland despite the pre-game injury story dominating up to tip-off.

Arts-Focused Ignite Memphis Event Coming to Playhouse

Playhouse on the Square in a few weeks will host a gathering of creatives and young Memphis professionals who share a love of the arts in Memphis.

MIFA Aims to Reach 3,000 Clients on Weekdays

There’s more than one way to get a meal to a homebound senior: by car, by bicycle, or even on foot.

Sports Notebook: Tigers End With Win, Suns Beat Grizzlies

A laugher. The University of Memphis basketball team hasn’t had many of those this season, but they got one to end the American Athletic Conference schedule with an 83-53 victory at East Carolina.

EMPHASIS Construction

Old Dominick Built for Aging

Canale’s Distillery Well-Positioned to Become Part of Downtown Fabric

A block-wide warehouse at 301 S. Front St. is getting new life as the Old Dominick Distillery. When it opens to the public in December, the distillery will brew and bottle two kinds of vodkas and three kinds of whiskey. Plans for the historic 54,000-square-foot warehouse include two tasting rooms, a rooftop patio, restaurant and retail area in addition to best-in-class equipment.

Ikea Design Tells Unique Sales Story

When Ikea opens its 271,000-square-foot store in Memphis later this year, it will bring a retail experience unlike any ever seen in the region.

SMALL BUSINESS SPOTLIGHT

Allen & Hoshall’s Legacy Spans Memphis

To an outside observer, the building process might seem segmented with planning, architecture, engineering and consulting firms all providing necessary aspects to the finished project.

LOCAL COLUMNISTS

Birth of A Product Company, Part 4

Editor’s note: Part four in a four-part series. “After you have a solid business plan and actual market feedback on your product concepts, including revenue,” I continued, “you’ll want to think about raising capital.”

What is Your Brand?

Discussions of branding can quickly turn to logos, colors or your online presence. Are those your brand, or are they expressions of your brand?

MEMPHIS AREA

Plane With NASCAR Team Makes Emergency Landing in Memphis

MEMPHIS, Tenn. (AP) – A Hendrick Motorsports airplane made an emergency landing early Monday morning because smoke was discovered in the cabin.

STATEWIDE

Pilot Faces Suit Over Industry Practice of Credit Card Holds

NASHVILLE, Tenn. (AP) – Two Tennessee residents are suing the nation's largest diesel retailer over holds placed on their credit cards when they swiped at the pump, but an industry representative says the banks are really to blame.

ECONOMY

Survey: Economists Split on Fed's Policy Stance

The bulk of business economists expect the Federal Reserve will raise interest rates this year but their views on the Fed's policy stance are divided.

Fed Vice Chair Sees Hints of Too-Low Inflation Moving Up

WASHINGTON (AP) – Federal Reserve Vice Chairman Stanley Fischer said Monday that inflation in the U.S. may be starting to tick up from too-low levels, a key condition for further interest rate hikes.

US Consumer Borrowing Growth Slows in January

WASHINGTON (AP) – U.S. consumers bumped up their borrowing in January at the slowest rate pace in nearly three years, as outstanding revolving debt – such as credit cards – slipped from December.

FINANCIAL

Bloomberg Again at Center of His Company, But Readying Exit?

NEW YORK (AP) – Since returning to the financial information company that bears his name, Michael Bloomberg has presided over two years of robust expansion andrecord revenue, all while laying the groundwork for his second departure – whether that's to retirement in 10 years or a presidential campaign in 10 days.

TECHNOLOGY

Inventor of Modern Email, Ray Tomlinson, Dies

Raymond Tomlinson, the inventor of modern email and a technological leader, has died, his employer said Sunday.

Supreme Court Rejects Apple Appeal Over Electronic Books

WASHINGTON (AP) – The Supreme Court rejected an appeal from Apple Inc. Monday and left in place a ruling that the company conspired with publishers to raise electronic book prices when it sought to challenge Amazon.com's dominance of the market.

Conley, Andersen Out Tonight at Cleveland With Injuries

The injury bug continues to have a taste for the Memphis Grizzlies.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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