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VOL. 130 | NO. 108 | Thursday, June 4, 2015

Connexion Point to Hire Nearly 400 in Memphis

A technology-driven health care services company is opening a Memphis office that will employ nearly 400 people over the next few months.

Wolf River Greenway Planning Pushes Route Further North

Now that you know the Greenline, here comes the Greenway.

Love of Learning

Porter-Leath donates children’s books to support literacy

Porter-Leath’s recent donation of a few thousand books to its preschool students serves as one of the latest examples of how the nonprofit is exposing infants and toddlers to the written word in a larger push to prepare children for long-term learning success.

New Front Street Hotel Proposed By Pyramid

Plans for a 108-room extended stay hotel on Front Street at the northeast corner of Jackson Avenue have been submitted to local planning officials for approval.

Global Pharma Distributor to Open in Olive Branch

A global pharmaceutical sourcing and distribution company is opening a $48 million distribution center in Olive Branch.

Local Weather
Currently
Memphis, TN
82.0°F
Mostly Cloudy
Wind: South at 3.5 mph
Humidity: 85%

EVENTS

Tennessee Shakespeare Company will present “A Midsummer Night’s Dream” Thursday, June 4, through June 21 in the University of Memphis Mainstage Theater, 3745 Central Ave. Buy tickets at tnshakespeare.org.

more events »

Lionel Hollins Helping Spread Hypertension Awareness in Memphis

It would come as little surprise to learn that Lionel Hollins has hypertension now. He is, after all, a 61-year-old working in the high stress position of NBA head coach.

St. Jude Launches National Walk/Run to End Childhood Cancer

St. Jude Children’s Research Hospital is launching a new, national event to coincide with Childhood Cancer Awareness Month in September.

LOCAL COLUMNISTS

Gift It or Will It?

Ray’s take: Is it better to give now or leave items in your will to beneficiaries? This depends on your own plans, but here are some things to consider.

Mother's Day Road Trip

In the afternoon of Thursday before Mother’s Day, I drive southeast. I stop at a certain spot in White Hall, Ark., and pick up a mess of fried chicken. Then I drive on to Lake Village, Ark., where I am greeted by twin great-nieces Sloan and Amelia, age 6. They live on the banks of Lake Chicot with mom Caroline and dad Chuck.

Budget Required for Money Management, Part 2

How much am I spending? Should I pay down debt or invest more?

Why Businesses Should Be Aware of Deemed Exports

Around the time of the American Revolution, England was a textile powerhouse. Jealous to guard its industry, England made it a crime for any citizen to communicate textile technology outside of the country.

State Employment Policies Not Great for Recruiting

If job security is your goal, working for the state might not be such a good idea.

STATEWIDE

Tenn. Education Department Criticized Over Test Score Change

NASHVILLE, Tenn. (AP) – More than a dozen education advocacy groups are calling for more transparency from the Tennessee Department of Education after it failed to communicate a change it made in the way a student's test score is calculated.

Worthington Expanding in Greene County, Adding 140 Jobs

GREENEVILLE, Tenn. (AP) – Worthington Industries, a maker of operator cabs for industrial mobile equipment, is expanding its Greene County factory and creating 140 new jobs.

NATIONAL BUSINESS

Survey: US Business Hiring Picks Up in May to 201,000

WASHINGTON (AP) – U.S. companies stepped up hiring in May, a private survey found, evidence that employers remain confident in the economy even after it contracted at the start of the year.

Ashley Furniture Talking With Investment Banker

ARCADIA, Wis. (AP) – Ashley Furniture Industries has acknowledged that it's in "exploratory" discussions with investment banking firm Goldman Sachs, but downplays the possibility of a sale.

NATIONAL GOVERNMENT

Fed Sees Moderate Economic Growth Around Country This Spring

WASHINGTON (AP) – The U.S. economy was growing at a moderate pace in most regions of the country in April and May, as consumers ramped up spending at retailers and auto dealers, the Federal Reserve said Wednesday.

IRS Irks Casinos With Pitch to Cut Jackpot Tax Threshold

LAS VEGAS (AP) – The IRS says a $600 slot machine or bingo jackpot might get its attention in the future, and the prospect has riled gamblers and the casino industry.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 77 77 11,602
MORTGAGES 79 79 13,506
FORECLOSURE NOTICES 0 0 1,858
BUILDING PERMITS 96 96 24,260
BANKRUPTCIES 53 53 7,526
BUSINESS LICENSES 31 31 3,943
UTILITY CONNECTIONS 0 0 4,681
MARRIAGE LICENSES 20 20 2,564

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