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VOL. 130 | NO. 123 | Thursday, June 25, 2015

Supreme Court Upholds Nationwide Health Care Law Subsidies

The Supreme Court on Thursday upheld the nationwide tax subsidies under President Barack Obama's health care overhaul, in a ruling that preserves health insurance for millions of Americans.

Wharton Proposes to Move Forrest Statue and Grave

Memphis Mayor A C Wharton Jr. is proposing to remove the statue of Confederate General, slave trader and Ku Klux Klan Grand Wizard Nathan Bedford Forrest from the park formerly named in his honor.

Seeds of Nutrition in South Memphis

Knowledge Quest to build packhouse for Green Leaf Learning Farm

Second in a series of profiles on the Community Foundation of Greater Memphis’ GiVE 365 grantees.

Nike Formally Opens $301 Million Frayser Expansion

Executives of Nike Inc. are in Memphis Friday, June 26, to formally open the $301 million expansion of the sports shoe and apparel giant’s Northridge distribution center at 3100 New Frayser Boulevard.

Ballet Memphis Turns to Overton Square

Scratch those plans for a new Hotel Overton where the French Quarter Inn now sits in Overton Square.

Local Weather
Currently
Memphis, TN
59.0°F
Mostly Cloudy
Wind: South at 8.1 mph
Humidity: 67%

EVENTS

Mid-South Association for Financial Professionals will meet Thursday, June 25, from 11:30 a.m. to 1 p.m. in the Overton Room at the Holiday Inn University of Memphis, 3700 Central Ave. Eric Spiegel and Chris Glenn of Dixon Hughes Goodman LLP will discuss cybersecurity. Register at midsouthafp.org.

more events »

100 N. Main Keeps Power On for Another Month

The head of the Downtown Memphis Commission says the skyscraper at 100 N. Main St. suffers from “weak” ownership and that the building would probably be better off with a new, deep-pocketed owner.

Patrick Accounting Owner Launches Payroll Vault Franchise

Matthew Patrick, owner and managing member of Patrick Accounting and Tax Services, has launched a new payroll services firm.

Pinnacle Financial Partners Adds to Memphis Team

The team launching Nashville-based Pinnacle Financial Partners’ expansion into the Memphis market is getting bigger.

Baptist Health Care, Church Health Center Launch Residency Program

Baptist Memorial Health Care and the Church Health Center have teamed up to launch a new family medicine residency that involves recruiting a group of residents in waves, with the first batch starting work next summer.

Memphis Ends Budget Season, But the Arguments Aren't Over

The end of the budget season at City Hall can be a festive occasion.

LOCAL COLUMNISTS

Things or Experiences: Which Mean More?

Ray’s take: We talk a lot about budgets in financial planning, but less often about the type of spending we should do. Finances, like so much in life, are personal.

Murphy, the Realist

“Whatever can go wrong will go wrong.” That’s a common wording for the epigram that we call “Murphy’s Law.” Granted, others have said it somewhat differently.

Haslam Needs to Back Up Call for More Local Control

If Gov. Bill Haslam is trying to build political capital, he’s making the right move by trying to light a fire under local officials.

MEMPHIS AREA

Elvis' Concert-Worn Jumpsuit to Be Auctioned at Graceland

MEMPHIS, Tenn. (AP) — A light blue jumpsuit worn by Elvis Presley during concerts in 1973 is one of more than 170 items being auctioned at Graceland in August.

STATEWIDE

Former Vanderbilt Players in Rape Case Released From Jail

NASHVILLE, Tenn. (AP) — Two former Vanderbilt football players who were convicted in January of raping an unconscious fellow student and jailed have been released on bond.

NATIONAL BUSINESS

European Deal Creates US Grocery Giant

NEW YORK (AP) — The owner of Stop & Shop and Giant will tie up with the parent company of Food Lion, creating a $29 billion grocer that will be in a stronger position to compete with Wal-Mart and other discount retailers.

US Economy Not As Bad in First Quarter, Paving Way for Rebound

WASHINGTON (AP) — The U.S. economy contracted in the first three months of the year, just not as much as previously estimated. More recent data show that the weakness was largely temporary, with a rebound in the works for the April-June quarter.

Railroad Regulator Vows to Enforce Dec. 31 Safety Deadline

WASHINGTON (AP) — The nation's top railroad regulator said Wednesday she will enforce a Dec. 31 deadline for commuter and freight railroads to install safety technology that experts say could have prevented a deadly Amtrak derailment last month.

TECHNOLOGY

Independents Line Up Behind Apple Music

LOS ANGELES (AP) — Several independent music label groups, including those representing Adele, Arcade Fire and Radiohead, say they can now support Apple Music after Apple reversed a decision not to pay royalties during the 90-day free trial period and adjusted other terms.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 102 224 17,767
MORTGAGES 127 277 20,703
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 176 510 36,326
BANKRUPTCIES 54 146 11,828
BUSINESS LICENSES 21 80 5,640
UTILITY CONNECTIONS 27 147 12,181
MARRIAGE LICENSES 11 60 4,417

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