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VOL. 127 | NO. 114 | Tuesday, June 12, 2012

Baptist to Host Former President Bush

Former President George W. Bush has stayed largely out of the limelight following his departure from office in January 2009, choosing to focus on writing his memoir and on other private interests.

‘Fun Food Fast’

Popular restaurateur Crimmins returns to I-Bank Tower with Foozi West

After a five-year hiatus, fast-casual restaurant Foozi has returned to the I-Bank Tower at 5050 Poplar Ave. while retaining its other location next door at Clark Tower.

Heisley Reaches Tentative Deal to Sell Grizzlies

Michael Heisley, the Chicago billionaire and majority owner of the Memphis Grizzlies, has reached an agreement to sell the team to communications technology magnate Robert Pera, Heisley confirmed late Monday.

CCRFC Approves Chisca Hotel Tax Break

Memphis Center City Revenue Finance Corp. at its Tuesday, June 12, board meeting approved a 20-year PILOT (payment-in-lieu-of-taxes) program for the restoration of the Chisca Hotel led by Main Street Apartment Partners LLC.

Cash Contract Buyout Talks Began Last Year

Talks to buy out the contract of Memphis City Schools superintendent Dr. Kriner Cash began last December after a heated conversation between Cash and countywide school board chairman Billy Orgel.

Local Weather
Currently
Memphis, TN
79.0°F
A Few Clouds
Wind: South at 11.5 mph
Humidity: 79%

EVENTS

The Church Health Center/MIFA Farmers Market will be open Tuesday, June 12, from 10 a.m. to 2 p.m. at Church Health Center Wellness, 1115 Union Ave. Visit churchhealthcenter.org or call Esther Wills at 250-4673, ext. 1604.

more events »

Assessor Race Looks To Battle Lines

In an election year with a lot of transitions, the race on the Aug. 2 ballot for Shelby County Assessor of Property crosses paths with those transitions more than any other race on the busy ballot.

Baptist, Methodist Help CBU With PA Studies Program

Baptist Memorial Health Care Corp. and Methodist Le Bonheur Healthcare have partnered with Christian Brothers University to help address the Memphis area’s critical, growing demand for health care services.

REAL ESTATE RECAP

MEPPI Files $155M Permit App For Rivergate Plant, Office

2865 Riverport Road, Memphis, TN 38109 -
Mitsubishi Electric Power Products Inc. has filed a massive permit application for the manufacturing facility it is building on Riverport Road in Memphis’ southwest industrial submarket. The $155 million application filed with the city-county Office of Construction Code Enforcement covers the manufacturing facility and an office building.

LOCAL COLUMNISTS

Save Three Lives at Donor Fest

Last week we discussed three benefits of GiVE 365, which is a program harnessing the energy and resources of Memphians to build community awareness, leadership and responsibility, and a pattern of charitable giving. This week let us turn our spotlight on Donor Fest 2012 and our region’s only full-service, nonprofit blood donation center: Lifeblood.

NATIONAL BUSINESS

Renewable Investment Hit $257B

GENEVA (AP) – Global investment in renewable energy reached a record of $257 billion last year, with solar attracting more than half the total spending, according to a U.N. report released Monday.

NATIONAL GOVERNMENT

Key Senator Wants Tax Overhaul to Reduce Deficits

WASHINGTON (AP) – An overhaul of the nation's tax code should raise additional revenue to reduce massive budget deficits and should help strengthen the economy, the Senate's top tax-writer said Monday.

HEALTH CARE

FDA Reviews Safety of Innovative Heart Valve

WASHINGTON (AP) – Federal health officials are asking safety questions about the first artificial heart valve designed to be implanted without major surgery, ahead of a meeting this week to consider broadening its use.

TECHNOLOGY

Apple Integrates Facebook Into iPhone Software

SAN FRANCISCO (AP) – Fresh off a disappointing initial public offering, Facebook is getting a big boost from Apple, which is building the social network deep into its iPhone and iPad software.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 97 140 16,020
MORTGAGES 95 145 18,537
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 323 323 32,794
BANKRUPTCIES 65 121 10,621
BUSINESS LICENSES 29 58 5,144
UTILITY CONNECTIONS 38 90 11,307
MARRIAGE LICENSES 23 60 3,833

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