» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 130 | NO. 105 | Monday, June 1, 2015

Meetings to Explore Bike Sharing in Memphis Start Thursday

Fewer people driving cars, more people riding bikes.

Global Ministries Appeals Failing HUD Scores at Memphis Properties

A month after 40 units at the Goodwill Village and Warren Apartments were declared unfit by federal housing officials, the units have been repaired and the residents moved back in.

EMPHASIS Public Companies

Small-Town Shift

Fred’s strategies evolve amid new leadership

Fred’s Inc. CEO Jerry A. Shore has been thinking bigger and smaller simultaneously.

Stock-Buyback Programs Hit Record Pace

If this was a poker game, it could be said that American companies are doubling down – repurchasing their own stock at a record pace instead of betting on new, outside investments.

Local Weather
Currently
Memphis, TN
55.0°F
Overcast and Breezy
Wind: from the Northwest at 24.2 gusting to 40.3 mph
Humidity: 62%

EVENTS

Germantown Charity Horse Show will be held Tuesday through Saturday, June 2-6, at 7745 Poplar Pike. The all-breed event will feature more than 800 horses in competition, plus vendors, Jack Russell Terrier races (June 6, 10 a.m. to noon) and more. Visit gchs.org.

more events »

Snapshot: Memphis-Based Public Companies

Here's a look at what's going on at the dozen public companies headquartered in Memphis:

Downtown Memphis Pioneer Gene Carlisle Dies

Downtown developer Gene Carlisle has died.

Commission Begins to Wind Down Budget Season

Shelby County Commissioners take the first of three votes Monday, June 1, on a county property tax rate for the new fiscal year, and the discussion could begin to tie up the loose ends remaining in the county’s budget season.

TruGreen Selects East Memphis for New Headquarters

TruGreen is moving more than 300 Memphis-area employees and its corporate headquarters to a 65,000-square-foot space at the Forum II office building in East Memphis, the company announced Friday.

100 N. Main Could Lose Utilities

The owner of the city’s tallest office building has until the end of the month to pay at least the past-due portion of the Memphis Light, Gas and Water Division bill on the property before potentially facing cutoff.

Redbirds Add Manager of Fan Engagement to Roster

For years, the notion was that AutoZone Park was the place to go to enjoy a summer evening, barbecue nachos and a cold beer. Yes, there would be baseball there – in fact, that’s about all that would be in view – but the game itself wasn’t necessarily the attraction.

VIA Productions Expands With Acquisition

Growth is the name of the game these days at Memphis-based VIA Productions, which in the last 30 days has grown by 25 percent with five new hires.

Germantown Leaders Exploring Elementary School Possibilities

When Germantown Municipal School District leaders began talking openly last week about new school construction, they did so cautiously, keeping in mind similar recent discussions in Lakeland and Collierville.

GOVERNMENT AGENDA

June 1 Shelby County Commission Agenda

The Shelby County Commission will meet Monday, June 1, at 3 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for an agenda.

SMALL BUSINESS

Tom’s Tiny Kitchen Gets a Whole Lot Bigger

By adding a pinch of passion to a tried-and-true recipe, Tom Flournoy has grown a family-run business to having a five-state reach.

LOCAL COLUMNISTS

Getting Social: What Method is Best for You?

To tweet, or not to tweet, that is the question. Or is it to blog, text or Skype? When it comes to communication and social media, these are some of the questions that come to mind as you determine the best method of communication to get the message out about your business, product, service or institution.

MEMPHIS AREA

New Jersey Man Pleads Guilty in Memphis in FedEx Fraud Case

MEMPHIS, Tenn. (AP) – A New Jersey man has pleaded guilty in Tennessee to defrauding FedEx Corp. of an estimated hundreds of thousands of dollars.

REGIONAL

1 Democrat, 1 Republican in Runoff for Mississippi US House Seat

NESBIT, Miss. (AP) – On a muggy evening in northern Mississippi, just a few miles from the Tennessee line, Republican congressional candidate Trent Kelly talked about his job as a district attorney for seven counties and his experience as a military veteran, with three deployments during 29 years in the National Guard – two of them in combat.

NATIONAL BUSINESS

Bank of America Fined $30 Million by US for Debt Collection

WASHINGTON (AP) – Bank of America has been fined $30 million by U.S. regulators, who accused the bank of violating consumer protections for members of the military in collecting debts.

Allegiant Faces $260,000 Fine by FAA Over Drug, Alcohol Test

LAS VEGAS (AP) – Las Vegas-based Allegiant Air, LLC faces a fine of more than $260,000 for an alleged offense related to drug and alcohol testing.

Dollar Tree Will Sell 330 Stores to Private Equity Firm

NEW YORK (AP) – Dollar Tree said Friday that it has agreed to sell 330 of its stores to the private equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar.

Fuel and Potential Fires for the US Economy Ahead

WASHINGTON (AP) – The US economy should get better after a sputtering first quarter, but how much better? It's complicated.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
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

Weekly Edition

Issues | About

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