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VOL. 130 | NO. 69 | Thursday, April 9, 2015

Universal Life Building Developers Seek PILOT

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

Beer Revived

Tennessee Brewery: The Revival brings beer garden back Downtown

Revive the beer garden, and they will come. If the soft opening held on Tuesday night, April 7, was any indication, then Tennessee Brewery: The Revival will have a nice run this spring.

Goldcrest Makes a Comeback

The comeback of Goldcrest 51 beer, the beer made in Memphis for almost 50 years at the Tennessee Brewery, began as a book.

Sammons Gets Good Look at Mayor-Council Relationship

There was a moment Tuesday, April 7, at City Hall when outgoing chief administrative officer George Little paused in the middle of his grilling by the council to look over at incoming CAO Jack Sammons and smile.

Steady as She Goes: New Home Market Stays Stable

New home construction in Shelby County, as tracked by permits, jumped in February when compared to February 2014 while the number of new home sales remained flat.

Local Weather
Memphis, TN
Partly Cloudy
Wind: South at 6.9 mph
Humidity: 65%


Germantown Community Theatre and All Children’s Theatre will present “You’re a Good Man, Charlie Brown” Thursday, April 9, through April 26 at GCT, 3037 Forest Hill-Irene Road. Buy tickets at gctcomeplay.org or 901-937-3023.

more events »

Musicians for Le Bonheur Assembling 2015 CD

Raising money for Le Bonheur Children’s Hospital pretty much runs in Justin Jaggers’ family.

Collins Enters Mayor’s Race

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

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 that city plans to acquire right of ways would overrule its development plans.


Enjoy Now While You Build Your Future

Ray’s Take Invariably, one boring little word seems to be the answer to virtually every personal finance question you’ll face: save. Save, save and save some more. Frugality is the new black.

Fowl Affair

“What kind of a thing is that to say about a chicken? Why would you challenge or impugn her motive? All she wants to do is cross the darn road.”

Legislators Not Moved by Hymns, Reason

The words of “We Shall Overcome” and “Wade in the Water” resonate through the halls as Insure Tennessee supporters descend on the Legislative Plaza for a key vote on the plan to provide coverage to 280,000 working Tennesseans.


Tenn. Senator Says Vasectomy 'More Stringent' Than Abortion

NASHVILLE, Tenn. (AP) – A Tennessee state senator says a vasectomy is a "more stringent" medical procedure than an abortion.

Bill to Replace Tennessee Academic Standards Advances

NASHVILLE, Tenn. (AP) – Legislation that seeks to replace the state's current academic standards is advancing in the state Legislature.

Bill Would Add School Teachers to Little Hatch Act

NASHVILLE, Tenn. (AP) – Legislation to prohibit Tennessee teachers from engaging in political campaigning during work hours is headed to the governor.

Haslam Administration Won't Let Troopers Work NRA Security

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam's administration has rejected state troopers' request to work security at the National Rifle Association's annual convention in Nashville this weekend.


Electrolux Issues Profit Warning for North America Unit

STOCKHOLM (AP) – Home appliance maker Electrolux has issued a profit warning for its North American division, saying its first-quarter results will be worse than anticipated.

AT&T Paying $25 Million to Settle US Action Over Data Breaches

WASHINGTON (AP) – AT&T is paying $25 million in a settlement with federal regulators over data breaches at call centers in Mexico, Colombia and the Philippines that compromised customer data for some 280,000 U.S. customer accounts.

Family Dollar Beats Second-Quarter Profit Forecasts

MATTHEWS, N.C. (AP) – Family Dollar, which is in the process of being bought by rival Dollar Tree Inc., reported a 16 percent drop in its fiscal second-quarter net income as severe winter weather hurt sales. But its adjusted earnings and revenue met Wall Street expectations and its shares rose slightly.


Fed Minutes: Officials Split Widely on Rate Hike Timing

WASHINGTON (AP) – Fed officials disagreed widely when they met last month on when they would be ready to lift interest rates from record lows.

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PROPERTY SALES 52 374 8,123
MORTGAGES 52 433 9,632
BUILDING PERMITS 218 906 17,513
BANKRUPTCIES 45 252 5,658

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