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VOL. 130 | NO. 75 | Friday, April 17, 2015

First Horizon Reports Q1 Loss

Driven by a mortgage-related legal settlement announced in recent days, First Tennessee Bank’s parent company swung to a loss for the first quarter of 2015.

Memphis Airport Inks Partnership With Grizzlies, Tony Allen

Memphis International Airport is ready for a little grit-n-grind.

Heavy Lifting

Atlantic Track mixes high tech, heavy industry

When it comes to industrial work, it doesn’t get much heavier than Atlantic Track and Turnout Co. deep in southwest Memphis.

Lakeland Prep School Bond Issue Rejected By Voters

Voters in Lakeland rejected a $50 million school bond issue Thursday, April 16, in the first election of 2015 in Shelby County.

Hopson Proposes Schools Budget Additions, Health Insurance Changes

Shelby County Schools superintendent Dorsey Hopson wants the SCS board to consider adding $14.2 million to the school system’s still-forming budget proposal.

Local Weather
Currently
Memphis, TN
44.0°F
Fair
Wind: Northwest at 9.2 mph
Humidity: 71%

EVENTS

Rock for Water, a concert hosted by Rachel’s Salon & Day Spa to benefit the Tennessee Clean Water Network, will be held Friday, April 17, from 5 p.m. to 7 p.m. at the Court Square pavilion Downtown. The Memphis School of Rock house band will perform, and donations will go toward installing a drinking fountain in Court Square. Visit memphissalonspa.com.

more events »

Bass Pro Announces Opening Week Lineup

Bass Pro Shops has unveiled the celebrity lineup and schedule for its opening festivities, kicking off with a free Evening for Conservation event Wednesday, April 29, from 6 p.m. to 9 p.m.

Memphis Moves Closer to Downtown Building Purchase

The state of Tennessee may have moved out, but the city of Memphis could be moving in.

Tennessee Unemployment Dips in March

Tennessee's unemployment rate inched slightly lower in March but remained above the national level, according to state Labor & Workforce Development Commissioner Burns Phillips.

Loeb Sees Activity at Executive Square

Loeb Properties has picked up a new lease and a lease renewal inside the Executive Square development in East Memphis.

Goldcrest 51 Makes Horse-Drawn Comeback

A restored, 1903 Studebaker horse-drawn carriage was used this week to deliver the first kegs of Goldcrest 51 to Westy’s and Tennessee Brewery: The Revival.

Memphis Music Hall of Fame Expands Nominating Committee

Heading into its fourth year of honoring some of the country’s greatest music icons, the Memphis Music Hall of Fame has added some big names to its nominating committee – stacking it with both local and national music executives who will help pick this year’s inductees.

SPORTS

Predicting the NBA Playoffs: LeBron Doesn’t Win Another Ring

Grizzlies coach Dave Joerger, when asked to offer an opinion on the most deserving candidate for NBA Most Valuable Player, recoiled, laughed, and took a pass.

Gasol Keeps Grizzlies at Home for Game 1 of Playoffs

Why not make Fan Appreciation Night simple?

LOCAL COLUMNISTS

Dead Reckoning 2015

GHOST OF A RIVER. Jimmy Ogle is a Memphis history savant. He knows things about our people that even they didn’t know.

The Power of the Follow-Up

As I reflect back on the past week, I’m reminded of the Multicultural Career Expo. Nearly 1,400 job seekers had the opportunity to connect with more than 50 employers.

STATE GOVERNMENT

Tennessee House OKs $33.3 Billion Annual State Spending Plan

NASHVILLE, Tenn. (AP) – The Tennessee House has approved the state's $33.3 billion annual spending plan after rejecting Democrats' attempts to add an authorization for Republican Gov. Bill Haslam to strike a deal with the federal government for Medicaid expansion.

Tennessee Senate Approves Tuition Equality Proposal

NASHVILLE, Tenn. (AP) – Tennessee residents who are authorized to be in the United States would be eligible for in-state tuition under legislation that has passed the Senate.

NATIONAL BUSINESS

Don't Panic, College Seniors: Jobs for Grads Likely to Grow

WASHINGTON (AP) – The consulting and accounting firm EY is aggressively recruiting on college campuses this spring. The company formerly known as Ernst & Young plans to hire 9,000 graduates from U.S. universities this year, up from 7,500 in 2014. But recruiting isn't as easy as it used to be.

NATIONAL GOVERNMENT

House Passes Bill to Repeal Estate Tax

WASHINGTON (AP) – The House voted Thursday to repeal the federal tax on estates, a politically volatile issue that affects few inheritances.

Obama Signs Overhaul of How Medicare Pays Doctors

WASHINGTON (AP) – President Barack Obama has signed legislation permanently changing how Medicare pays doctors, a rare bipartisan achievement by Democrats and Republicans.

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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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