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VOL. 130 | NO. 103 | Thursday, May 28, 2015

Memphis-Area Unemployment Rate Drops Below 6 Percent

The unemployment rate for the metropolitan Memphis area dipped below 6 percent in April, according to the latest state figures.

Photo Gallery: Memphis Sends B.B. King Home on a High Note

Thousands of people packed Beale Street between Second and Third Streets Wednesday, May 27, for the funeral procession of B.B. King.

Homebuilders Enjoying Steady Start to 2015

The Shelby County homebuilding industry surged ahead in April with builders pulling more permits and selling more new homes at higher prices, a positive start to the peak building season.

Christian Brothers Students Help Secure Tax Refunds

As an outgrowth of a new Christian Brothers University course on poverty in America, a group of IRS-certified students brought some major relief to a few hundred Memphis-area families this tax season.

More Giving

Community Foundation of Greater Memphis has record fiscal year

The most dedicated donors to the Community Foundation of Greater Memphis give with their hearts and their minds, striking a balance between real-time needs and the financial realities of any given moment.

Local Weather
Currently
Memphis, TN
36.0°F
Fair
Wind: Calm mph
Humidity: 73%

EVENTS

City of Memphis Storm Water Program will host a public forum Thursday, May 28, from 5:30 p.m. to 7 p.m. in the Delta Gator Room at Bass Pro Shops’ Big Cypress Lodge, 1 Bass Pro Drive. Attendees can learn how storm water runoff affects the quality of water in streams and rivers. Cost is free; complimentary meals provided. For details, call 901-636-4349.

more events »

Hard City Budget Decisions Come Down to Impasse Pay Raises

The dollar figures being added to and subtracted from the city of Memphis budget for the coming fiscal year are relatively small this budget season at City Hall.

Shelby County Schools Hires Lawyer in State Funding Dispute

The Shelby County Schools system moved a step closer Tuesday, May 26, to joining a school funding lawsuit against the state of Tennessee.

Harrison Letter Offers New View of Beatles at Stax Story

A second postscript to a nearly 50-year old letter from George Harrison is shedding new light on an intriguing plan by the Beatles to record at Stax Records in South Memphis.

LOCAL COLUMNISTS

Heirloom Jewelry and Your Heirs

Ray's take: One of the most contentious issues when distributing an estate can be the division of heirlooms. It would help to know which family heirloom holds special meaning to which heir. An item that you think is the most important may not be the most important to others.

Anson VII Has Arrived

My great-great-great-great grandfather Elijah Fleming had eight kids and no middle name.

Ramsey Uses ‘System’ to Reshape State’s Political Landscape

Senate Speaker and Lieutenant Gov. Ron Ramsey laughs at the notion he’s changed since being elected to the Legislature 23 years ago, that he’s lost touch with the common man or become “arrogant” as lieutenant governor of Tennessee.

Ramsey: No Medicaid Expansion Until 2017

The Tennessee legislative session ended in late April, giving itself a little more than two and a-half months to handle the state’s business. That’s plenty of time, according to Lt. Gov. Ron Ramsey.

Budget Required for Money Management

What is a budget? Does inflation impact my standard of living?

MEMPHIS AREA

Seaport Airlines Seeks to Leave Greenville

GREENVILLE, Miss. (AP) – SeaPort Airlines now says it intends to end flights between Greenville and Memphis in September.

STATEWIDE

Volkswagen Study: Tennessee Plant Expansion Could Create 10,000 Jobs

CHATTANOOGA, Tenn. (AP) – A new study projects Volkswagen's expansion in Chattanooga could lead to the creation of nearly 10,000 jobs.

NATIONAL BUSINESS

FCC Takes Aim at Annoying Telemarketing Calls

WASHINGTON (AP) – Those automated phone calls during the dinner hour, late at night or to your wireless phone can be so frustrating – and the government is taking note.

Nike Says It's Cooperating With Authorities in FIFA Probe

NEW YORK (AP) – Nike says it is cooperating with authorities in the U.S. probe into corruption of FIFA, the governing body of soccer worldwide.

TECHNOLOGY

Software Glitch Can Cause iPhones to Crash

A newly discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

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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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The Memphis News: Business, politics, and the public interest.