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VOL. 130 | NO. 133 | Friday, July 10, 2015

Details Emerge on Planned Binghampton Retail Center

The Binghampton neighborhood is inching closer to landing a grocery store as plans for a neighborhood retail center there come into clearer focus.

Shelby County Home Sales Jump 13 Percent in June

Fueled by an apparent surge in consumer confidence, home sales in Memphis and Shelby County jumped significantly in June.

Shelby County Mortgage Market Rises 14 Percent

On a normal day, Independent Bank vice president of mortgage Sam Goff will get maybe one or two calls from buyers asking about rates and looking to buy a home.

Someone Else’s Shoes

No More campaign calls attention to domestic violence

The group of men marching in late June from the Cannon Center for the Performing Arts to FedExForum moved slowly and with some missteps and awkwardness.

Beale Group Plans for Lease Agreement Instead of District Ownership

The Beale Street Tourism Development Authority is dropping the idea for now of a fee simple ownership of the entertainment district.

Local Weather
Currently
Memphis, TN
41.0°F
A Few Clouds
Wind: Northeast at 8.1 mph
Humidity: 79%

EVENTS

POTS@TheWorks will present the world premiere of “Mountain View,” a winner of the NewWorks@TheWorks competition, Friday, July 10, through Aug. 2 at TheatreWorks, 2085 Monroe Ave. Buy tickets at playhouseonthesquare.com.

more events »

New Hotel Planned for Downtown Memphis

Two Ohio-based development firms plan to build a new hotel on a vacant site in Downtown Memphis.

Strickland Files for Mayor One Week From Deadline

A week before the filing deadline for candidates on Memphis’ October ballot, city councilman Jim Strickland filed his qualifying petition for mayor and said he has a campaign war chest of approximately $400,000.

SPORTS

Gasol Back in Fold, Grizzlies Still In Thick of Tough Western Conference

There were a few mildly uneasy days between the arrival of Grizzlies controlling owner Robert Pera in Spain and the news that, yes, All-Star center Marc Gasol would indeed re-sign with the team. And not just for a short-term deal, but a five-year max contract (about $113 million) with a player option after the fourth year.

Nichols’ Exit a Sign of Where Tigers Basketball is Now

University of Memphis Basketball Past is strong and vibrant.

LOCAL COLUMNISTS

It’s the Law

THE LAW, AND I QUOTE. Oh, the outrage! Across the nation, people have reacted to the laws passed and validated by the courts, their liberty threatened, the Constitution violated, the republic at risk.

How to Change Careers Later in Your Life

This week, a reader reached out to me with a question many people are facing. She says, “A friend is seeking to leave education after 13 years and re-enter business where she worked as a tech writer. She teaches math and computer science and is incredibly detail-oriented, smart, concise and reliable. … I was wondering if you had any advice for someone changing careers – or going back to a career after a decade-long hiatus.”

MEMPHIS AREA

Muslims Blast Handling of Tennessee Mosque Attack Plan Case

MEMPHIS, Tenn. (AP) – Muslim groups say a judge's decision to release from federal custody a Tennessee man accused in court records of planning an attack on a mosque in New York state represents a double standard and should be revisited.

STATEWIDE

State Job Applicant Website Down for Next 6 Weeks

NASHVILLE, Tenn. (AP) – People hoping to be hired for state positions cannot apply for openings for the next six and a half weeks because the Tennessee website is undergoing upgrades.

NATIONAL BUSINESS

NYSE: Bad Software Upgrade Reason for Outage

NEW YORK (AP) – The New York Stock Exchange said an outage of more than three hours was caused by problems associated with a software upgrade on the exchange's computers.

NATIONAL GOVERNMENT

House Scraps Vote on Confederate Flag in Federal Cemeteries

WASHINGTON (AP) – The Republican-controlled House scrapped a vote on permitting the Confederate flag at Park Service-run cemeteries – including four in Tennessee – on Thursday, a retreat under fire that only escalated a ferocious attack by Democrats complaining the banner celebrates a murderous, racist past.

US: More Than 21 Million Affected By Government Data Breach

WASHINGTON (AP) – Hackers stole Social Security numbers from more than 21 million people and snatched other sensitive information in a recent breach of U.S. government computer systems, the Obama administration said Thursday.

TECHNOLOGY

IBM Claims Breakthrough in Making Chips Even Smaller

NEW YORK (AP) – IBM says it has achieved a breakthrough in making computer chips even smaller, creating a test version of the world's first semiconductor that shrinks down the circuitry by overcoming "one of the grand challenges" of the tech industry.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 110 405 5,939
MORTGAGES 141 492 7,092
FORECLOSURE NOTICES 0 85 1,115
BUILDING PERMITS 0 845 12,430
BANKRUPTCIES 39 255 4,343
BUSINESS LICENSES 49 184 2,363
UTILITY CONNECTIONS 0 138 2,518
MARRIAGE LICENSES 31 108 1,235

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