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VOL. 126 | NO. 125 | Tuesday, June 28, 2011

Kruger Still Weighing Memphis Project, Wins Tax Freeze

Canada-based manufacturer Kruger Inc. is still weighing several choices of locales where the company would like to pursue a major capital investment.

Old Forest Goes New

Overton Park supporters consider forming nonprofit conservancy

A group of 15 citizens forming an Overton Park conservancy hopes to take a plan to the Memphis City Council by Labor Day.

Magna Repays More TARP Funds

Magna Bank has paid back another chunk of the nearly $14 million in bank industry rescue money it got from the federal government in 2008.

Revid Rebrands Sales Division as incity Realty

Revid Realty LLC has changed the name of its real estate sales division to incity Realty.

Patterson’s Legacy In Local Politics Looms Large

J.O. Patterson Jr. was the city’s first African-American mayor. That’s the lead biographical item from any comprehensive history of Memphis political history to come.

Local Weather
Currently
Memphis, TN
55.0°F
A Few Clouds
Wind: Variable at 3.5 mph
Humidity: 29%

EVENTS

The Alliance for Nonprofit Excellence will hold a workshop Tuesday, June 28, from 8:30 a.m. to noon at its office, 5100 Poplar Ave., suite 502. Participants will learn how to search for and find the most promising grant opportunities for their organizations. Cost is $60 for members, $110 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

Small Firms Find Footing In Competitive CRE Market

Darrell Cobbins got started in commercial real estate in June 2001, three months before the 9/11 terrorist attacks wreaked havoc on the economy.

Elmwood Cemetery: Where No One is Forgotten

More than 30 visitors braved the sweltering summer heat on a recent Friday evening to immerse themselves in the stories of some of Memphis’ most famous, infamous and influential citizens during Elmwood Cemetery’s Evening Stroll.

City Council Looks to Fill Ware’s Seat

The Memphis City Council is taking applications to fill the District 7 council seat of Barbara Swearengen Ware, and council chairman Myron Lowery has set a target date of filling the seat no later than July 22.

$3 Million in Permits Filed For Hacks Cross Buildings

3152 Hacks Cross Road and , 3168 Hacks Cross Road , Permit Amounts: $1.4 million (3152 Hacks , Cross); $1.6 million (3168 Hacks Cross) -
Two limited liability companies, Southwind I LLC and Southwind LLC, have filed building permit applications with the city-county Office of Construction Code Enforcement for construction on Hacks Cross Road.

LOCAL COLUMNISTS

The Day Before Vacation

It’s that time of year for many of us, time for summer vacation. Many people do something highly unusual as their vacation time approaches. You might think they would prematurely shift into island time and slack off a bit. But that is not what most people do. They do just the opposite. They get hyper-focused, organized and productive. They, as they say, “Bring their A-game to work,” especially on the day before their vacation begins. What is going on? Why don’t they do this all the time?

Plan Domain Portfolio

Whatever your business is, it is critical that you have a portfolio of domain name registrations that correlate with your business and its primary trademarks.

MEMPHIS AREA

Memphis Symphony Orchestra Reports Good Year

MEMPHIS (AP) – The Memphis Symphony Orchestra reports it has added 160 season subscribers in the past year.

STATEWIDE

APNewsBreak: FBI Probes Never Entangled McWherter

NASHVILLE (AP) – Ned McWherter, one of the most powerful Tennessee Democrats during his quarter century in public life, never got caught up in any of the FBI undercover investigations that pushed another governor out of office early and led to several prison sentences and suicides for others in his party.

Williams New President of Justice Group

NASHVILLE (AP)Keith Williams of Lebanon, Tenn., has been elected president of the Tennessee Association for Justice.

Haslam Names Jessica Robertson Procurement Chief

NASHVILLE (AP) – Gov. Bill Haslam has named Jessica Robertson as Tennessee's first chief procurement officer.

Governor Ponders Future of Regulatory Agency

NASHVILLE (AP) – Tennessee Gov. Bill Haslam says the functions of the Tennessee Regulatory Agency might better be performed by the state's executive branch.

TVA Says Power Grid Not Fragile, Despite Storms

CHATTANOOGA, Tenn. (AP) – As the Tennessee Valley Authority continues to repair storm damage that temporarily knocked out some electricity distribution, the utility insists its transmission system is not fragile.

REGIONAL

Baptist Getting Closer to Building New Hospital

OXFORD, Miss. (AP) – Oxford, Lafayette County and Baptist Memorial Health Care Corp. hope finalize the sale of the local hospital to Baptist by July 31.

Public Hearing on Miss. Initiatives

JACKSON, Miss. (AP) – The secretary of state's office is holding public hearings across Mississippi on three initiatives scheduled to be on the Nov. 8 general election ballot.

NATIONAL BUSINESS

Consumer Spending In May Weakest in Year

WASHINGTON (AP) – For the first time in a year, Americans have stopped spending more.

GSV Capital Invests $6.6 Million in Facebook

NEW YORK (AP) – Investment fund GSV Capital Corp. said Monday that it has invested $6.6 million to buy 225,000 shares in Facebook. The fund company's shares climbed more than 30 percent in afternoon trading.

NATIONAL POLITICS

Supreme Court Overturns Ban on Video Game Sales to Kids

WASHINGTON (AP) – The Supreme Court ruled Monday that it is unconstitutional to bar children from buying or renting violent video games, saying government doesn't have the authority to "restrict the ideas to which children may be exposed" despite complaints that the popular and fast-changing technology allows the young to simulate acts of brutality.

Supreme Court to Hear Appeal in Union Fees Case

WASHINGTON (AP) – The Supreme Court will decide whether workers can challenge a union's decision to charge extra fees to members and nonmembers without sending out a special notice.

White House: 'Significant' Deal on Debt Possible

WASHINGTON (AP) – President Barack Obama plunged into deadlocked negotiations to cut government deficits and raise the nation's debt limit as the White House expressed confidence Monday that a "significant" deal with Republicans can be reached. But both sides only seemed to harden their positions as the day wore on, with the White House insisting on some higher taxes as part of the package and the Republican leadership flatly refusing to consider them.

White House Considers Big Boost to Fuel Economy

WASHINGTON (AP) – The Obama administration is telling American automakers that it would like cars and light trucks to average 56.2 miles per gallon by 2025 – a boost to fuel economy that would save consumers money at the pump and help with global warming but drive up the cost of automobiles.

Supreme Court to Review Warrantless GPS Tracking

WASHINGTON (AP) – The Supreme Court will weigh in on an important privacy issue for the digital age: whether the police need a warrant before using a global positioning system device to track a suspect's movements.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 331 19,904
MORTGAGES 80 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 35 231 13,335
BUSINESS LICENSES 28 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 21 94 4,936

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