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VOL. 130 | NO. 87 | Tuesday, May 5, 2015

Renowned Farm-to-Table Restaurant Hitting Memphis

A restaurant chain known for propelling the national farm-to-table dining movement will serve up its acclaimed fare at two high-profile Memphis locations.

Larger Hotel Overton To Replace French Quarter Inn

The idea of an Overton Square hotel has long been a part of plans for the Midtown entertainment district, which marks the 45th anniversary of its founding this month.

At Long Last

Pinch District businesses celebrate Bass Pro opening, lament lack of access

It’s taken the city of Memphis 10 years to reel in Bass Pro Shops at The Pyramid, and business owners in the nearby Pinch District hope it will be a catalytic force they’ve been waiting for.

One Beale Application Includes Meeting Space

The Carlisle Corporation’s planned development for its One Beale project at Riverside Drive and Beale Street includes an “assembly/performance hall and convention center” as well as a lounge or nightclub with more than 125 seats.

Pinnacle CEO Talks Memphis Plans in Wake of Acquisition

Flush from its newly announced acquisition of Magna Bank and the hire of a team from First Tennessee Bank, the newest entrant into the Memphis banking market already is looking down the road, planning more hires and a careful expansion of Magna’s existing footprint.

Local Weather
Currently
Memphis, TN
59.0°F
A Few Clouds
Wind: East at 8.1 mph
Humidity: 54%

EVENTS

Southwest Tennessee Community College will host a town hall meeting titled “Workforce Solutions: ‘A Community Imperative’” Wednesday, May 6, from 10:30 a.m. to noon in the Macon Cove Farris Auditorium, 5983 Macon Cove. The meeting will discuss how the U.S. Labor Department’s Trade Adjustment Assistance Community College and Career Training prepares participants for high-wage, high-skill jobs. Cost is free. Email lmudd@southwest.tn.edu for details.

more events »

Council Begins Hearings on Operating Budget

The Memphis City Council is down a member as its budget committee begins hearings Tuesday, May 5, on the $656.5 million operating budget proposal of Memphis Mayor A C Wharton Jr.

Wunderlich Acquires Dallas Investment Firm

Memphis-based Wunderlich Investment Co. has reached a deal to acquire Dallas-based independent investment advisory firm Fiduciary Financial Services of the Southwest.

Grizz Fall Behind Without Conley

More than a week off didn’t lead to the kind of rusty performance that might have made the Golden State Warriors vulnerable in the first game of their Western Conference semifinal playoff series with the Grizzlies.

GOVERNMENT AGENDA

May 5 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, May 5, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Germantown Parkway Parcels Sell for $3.4 Million

789 and 725 N. Germantown Parkway, Memphis, TN 38018, Sale Amount: $3.4 million -
Two parcels of rarely available land on Germantown Parkway have been purchased for $3.4 million.

LOCAL COLUMNISTS

Fundraising and Basketball, Part 2

Part two of a two-part series. It’s that time of year – basketball every night! The games get better and better. Grizz fans are loyal, excited and stressed. People are staying up way too late to make sure they see the full game. Everyone is wearing their Grizz gear. The playoffs are on!

Strong Dollar Means Europe Savings

A trip to Europe isn’t a spur-of-the-moment happening. If you don’t have your week in Italy for June booked already, odds are it’s not on your radar.

STATEWIDE

State Officials Urge Safety as More Motorcycles Hit the Road

NASHVILLE, Tenn. (AP) – May is national Motorcycle Safety Awareness Month and state officials are urging all drivers to share the road. The Governor's Highway Safety Office and the Tennessee Highway Patrol are warning that more motorcycles will be out as the weather gets warmer.

NATIONAL BUSINESS

Dow Chemical to Trim About 3 Percent of Global Workforce

Dow Chemical will cut about 3 percent of its global workforce as it prepares to break off a significant part of its chlorine operations in a deal announced earlier this year with Olin Corp.

McDonald's Challenge: Make It Simpler, But Add Choices

NEW YORK (AP) – McDonald's wants to simplify, simplify, simplify – but also add a bunch of choices for customers to avoid growing stale.

US Factory Orders Rise in March for First Time in 8 Months

WASHINGTON (AP) – Orders to U.S. factories rose in March for the first time since last July, breaking a long stretch of weakness in manufacturing.

NATIONAL GOVERNMENT

High Court: Debtors Must Wait to Appeal Payment Plan Denial

WASHINGTON (AP) – A unanimous Supreme Court says debtors in bankruptcy cannot immediately appeal a court's order rejecting a plan to repay creditors.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 122 17,665
MORTGAGES 82 150 20,576
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 151 334 36,150
BANKRUPTCIES 54 92 11,774
BUSINESS LICENSES 31 59 5,619
UTILITY CONNECTIONS 28 120 12,154
MARRIAGE LICENSES 24 49 4,406

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