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VOL. 130 | NO. 72 | Tuesday, April 14, 2015

Universal Life Building Developers Acquire Key Public Financing

Developers of the Universal Life Building have received approval for two key pieces of financing and a commitment from the city of Memphis to lease about half of the building.

Job Search

Multicultural expo connects candidates with diverse backgrounds

On Sunday, about 1,400 Memphians seeking jobs and internships flocked to the Hilton Memphis for the 2nd annual Multicultural Career Expo. They met with human resources professionals from 50 local companies that are seeking a diverse roster of candidates.

Density Key to Central Station Timing

The redevelopment plan for Downtown’s Central Station is the expansion of the South Bluffs development of the 1990s. Or it is a bridge connecting the transformation of the old Cleaborn Homes public housing development to the east and maybe Foote Homes to come.

Commission Approves Millington Farms TIF

Shelby County Commissioners approved a $3.3 million tax increment financing zone Monday, April 13 for the $20-million Shops of Millington Farms development on the east side of Highway 51 between Veterans Parkway and Glencoe Road.

Memphis Banks Move to Issue More Secure Plastic

When it comes to banking innovations, 2015 is increasingly looking like the year of the chip card.

Local Weather
Currently
Memphis, TN
53.0°F
Overcast
Wind: North at 6.9 mph
Humidity: 35%

EVENTS

Italian Film Festival USA will kick off with a screening of “Song ‘e Napule” Tuesday, April 14, at 7 p.m. in the University of Memphis university center theater, 499 University St. Other screenings are April 15, 17 and 21 at 7 p.m. in the UC theater. Visit italianfilmfests.org/memphis.html for a schedule.

more events »

Tigers Notebook: Paxton Lynch Stays Sharp in Spring Game

Paxton Lynch completed 18-of-23 passes for 207 yards and two touchdowns at Friday Night Stripes held at Liberty Bowl Memorial Stadium.

Regional Logistics Council Hosting Event Thursday

The Greater Memphis Chamber’s Regional Logistics Council will welcome high-level officials from Tennessee, Arkansas and Mississippi transportation departments on Thursday, April 16, from 7:30 to 9 a.m. at the Hilton Memphis Hotel.

REAL ESTATE RECAP

REIT Acquires Three Hotels for $39.6 Million

7905 Giacosa Place, 5320 Poplar Ave. and 7855 Wolf River Boulevard, Memphis, TN, Sale Amount: $39.6 million -
A New York-based real estate investment trust has acquired three hotels in the Memphis area for $39.6 million.

LOCAL COLUMNISTS

Five Thought-Provoking Questions to Ask Job Candidates

Part one of a two-part series. Need a magic cure for nonprofit fundraising blues? Hire fundraising staff. That’s it. Problem solved. Time to get back to what we were focusing on before we “got sidetracked” into all this fundraising. Ah ... if only that were the case.

STATEWIDE

Arkansas Fundraiser Fined By Tennessee Secretary of State

LITTLE ROCK, Ark. (AP) – An Arkansas-based marketing firm has been fined $57,500 by the Tennessee secretary of state's office for failing to register in the state.

NATIONAL BUSINESS

Corporate Deals Appetite Hits 5-Year High

LONDON (AP) – The current wave of corporate takeovers and mergers is set to grow, with the appetite for deals among executives hitting a five-year high thanks to a strong dollar and low oil prices, a global survey found Monday.

Report Gives US Airlines Lower Marks Across the Board

DALLAS (AP) – Think flying is getting worse? A pair of university researchers who track the airline business say it's a fact.

What's in a Hotel Name? Guests Try to Decipher the Mystery

NEW YORK (AP) – Today's traveler faces a bewildering choice of hotel brands with similar-sounding and confusing names. Want to stay at a Hyatt? Take your pick. There's Hyatt Regency, Park Hyatt, Grand Hyatt, Hyatt House, Hyatt Place and, coming soon, Hyatt Centric.

HEALTH CARE

Survey: Nearly 9 In 10 US Adults Now Have Health Insurance

WASHINGTON (AP) – Underlining a change across the nation, nearly 9 out of 10 adults now say they have health insurance, according to an extensive survey released Monday.

TECHNOLOGY

USTelecom Files Suit Against Government's New Internet Rules

NEW YORK (AP) – A legal fight against the Federal Communications Commission's new Internet traffic rules has begun.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 23 23 8,633
BUILDING PERMITS 196 196 42,533
BANKRUPTCIES 55 55 13,957
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 56 56 13,567
MARRIAGE LICENSES 23 23 5,092

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