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VOL. 130 | NO. 68 | Wednesday, April 8, 2015

Collins Enters Mayor’s Race

Memphis City Council member Harold Collins, as expected, is in the race for Memphis mayor on the October ballot.

MATA to Run Buses on Main Street Mall

The Memphis Area Transit Authority will run shuttle buses on the Main Street Mall starting Sunday.

A Range of His Own

Kindred’s security operations under one roof at Global Training

Derrick Kindred’s longtime activity in law enforcement and self-defense stems from a key belief.

Shelby County Home Sales Surge In March

Shelby County home sales activity surged in March when compared to last year, with the number of sales and the average sales price showing gains.

FedEx Secures Deal to Buy TNT Express

FedEx Corp. has agreed to take over one of Europe's largest delivery companies, TNT Express, for $4.8 billion, the companies announced Tuesday, April 7.

Local Weather
Currently
Memphis, TN
55.0°F
A Few Clouds
Wind: Variable at 3.5 mph
Humidity: 29%

EVENTS

Greater Memphis Chamber will host a Lunch in the Know on Wednesday, April 8, from 11:30 a.m. to 1 p.m. in Baptist Memorial Health Care Medical Plaza B, 6027 Walnut Grove Road. RedRover and Memphis-Shelby County Airport Authority representatives will present “A Better MEM in in Progress,” discussing the airport’s future and new marketing strategy. Cost is free for chamber members. Email lloeb@memphischamber.com.

more events »

Sammons Nomination Approved By Testy Council

With an 11-0 vote, the Memphis City Council approved Tuesday, April 7, the return of former council member Jack Sammons to City Hall as the city’s new chief administrative officer.

Speedway Calls Off $6 Million Lamar Development

Speedway LLC called off plans for a $6 million truck stop with 20 gas pumps at Lamar Avenue and Winchester Road Tuesday, April 7, saying they were told just last week by Memphis leaders that the city’s plans to acquire rights of way would overrule their development plans.

Pelicans Game Presents Grizzlies’ Next Chance

When you win, everything makes sense. After the Grizzlies got three days of rest and returned to FedExForum to defeat the Oklahoma City Thunder, coach Dave Joerger started his post-game press conference with the most logical basketball talk in the world.

County Budget Proposal Includes $6 Million Dilemma

Some of the numbers crucial to the bottom line of Shelby County’s budget for the upcoming fiscal year are still expected with about four months left in the fiscal year.

Lokion Sign Joins Memphis Skyline

Lokion is now lighting up 88 Union Ave. as the latest addition to the Memphis skyline. The firm’s logo replaces the Memphis Business Journal sign that topped the 14-story Downtown office building for decades.

NEWSMAKERS

Scarboro Takes Reins at Regional Fed

Douglas Scarboro has been named regional executive of the Memphis Branch of the Federal Reserve Bank of St. Louis. In that role, Scarboro is responsible for working with business leaders and local communities in western Tennessee, northern Mississippi and eastern Arkansas to inform the setting of monetary policies.

LOCAL COLUMNISTS

Google: Go Mobile Or Go Home

If your business is at all dependent upon Google search results for generating leads, then mark your calendars for April 21, 2015. On this day, Google plans to dramatically shake up the way it delivers search results to its users by shifting emphasis toward mobile-friendly websites. If your site isn’t mobile optimized, your ranking could decline radically, and your business could suffer.

STARs Align for Sustainability In Memphis and Shelby County

Editor’s Note: This column will appear weekly throughout April in honor of Memphis and Shelby County’s Sustainability Month.

STATE GOVERNMENT

Jack Daniel's Turns Back Latest Tennessee Whiskey Challenge

NASHVILLE, Tenn. (AP)Jack Daniel's has turned back the latest challenge to a state law that determines which spirits can be marketed as "Tennessee Whiskey," but upstart distillers hoping their brands make the cut vow the fight isn't over for good.

Streaming Problems at Tennessee Legislature 'Unacceptable'

NASHVILLE, Tenn. (AP) – Legislative staffers are calling video streaming problems on the Tennessee General Assembly's website unacceptable.

House Votes to Take Tennessee Capitol Complex Off Guns Bill

NASHVILLE, Tenn. (AP) – The House voted Monday to remove the Tennessee Capitol from a bill to expand the areas where people with handgun carry permits can be armed, a move supported by Republican Gov. Bill Haslam.

NATIONAL BUSINESS

US Job Openings Surge, Yet Employers Slow To Hire

WASHINGTON (AP) – U.S. job openings surged in February to a 14-year high, yet employers filled fewer of those jobs than in the previous month.

US Consumer Borrowing Climbs to Record High in February

WASHINGTON (AP) – Consumers increased their borrowing to a record high in February, driven by a large jump in auto and student loans.

Uber's Popularity Surges; Business Travelers Avoiding Taxis

NEW YORK (AP) – Business travelers are bypassing the taxi queue with greater frequency, choosing instead ride-hailing services like Uber Technologies.

NATIONAL GOVERNMENT

FDA Questions Evidence for Lower-Risk Tobacco Product

WASHINGTON (AP) – U.S. health regulators have questions about the data submitted by tobacco maker Swedish Match in its bid to become the first company to market a smokeless tobacco product as less harmful than cigarettes.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 331 19,904
MORTGAGES 80 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 35 231 13,335
BUSINESS LICENSES 28 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 21 94 4,936

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