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VOL. 127 | NO. 139 | Wednesday, July 18, 2012

Bar Louie Signs Deal at Overton Square

Bar Louie, an Addison, Texas-based neighborhood restaurant and bar franchise, is the latest retail tenant that has signed on for Overton Square.

Active Builders

Homebuilders file 54 percent more permits in Q2

Local homebuilders filed 54 percent more new home permits during the second quarter compared with the same period last year.

Council Sends Sales Tax Hike To November Ballot

Memphis City Council members added a half percent local option sales tax hike proposal to the Nov. 6 ballot in Memphis at their Tuesday, July 17, meeting.

June Permits Up 45 Pct.

Last month proved to be a positive one for local homebuilding activity, with a 45 percent increase year over year in new home permits.

Bush Talks Post-White House Life

Though the main attraction at a private gathering at the Dixon Gallery & Gardens Monday, July 16, included former President George W. Bush, it was a mostly nonpolitical evening.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: Southwest at 10.4 mph
Humidity: 58%


Lipscomb Pitts Breakfast Club and Littler Mendelson PC will present “Is Your Handbook Legal?” as part of its HR Lunch Bytes series Thursday, July 19, from noon to 1:30 p.m. at Littler, 3725 Champion Hills Drive, suite 3000. The series is geared toward human resources executives and business owners. Cost is free. Email rsvp.lpbc@lpinsurance.com.

more events »

Baptist Contracts With Software Vendor Epic

Baptist Memorial Health Care Corp. has signed a contract with Epic, a software vendor based out of Verona, Wis., to implement the health care system’s transition to electronic health records.

Voters Turn Out Early at Polls in Suburbs

The first day of early voting in the suburbs in advance of the Aug. 2 election day saw a noticeable jump in voter turnout and some problems at polling places in Bartlett.

After 21 Rounds of Voting, Still no Commission Chair

Shelby County Commissioners put off electing a chairman for the next year’s term Monday, July 16, after 21 rounds of voting in which no one got seven votes.


East Joins Carriage Crossing As Marketing Coordinator

Kendra East has joined Carriage Crossing as marketing coordinator. East’s new responsibilities include creating and implementing the lifestyle center’s yearly marketing budget, spearheading onsite events and leading merchant communication.


Adapt or Die

It’s an undeniable truth in business. If you fail to adapt to the changing marketplace or the changing needs of your customer, your business will die. It can be tough to face this reality and venture into the unknown once you get comfortable with tried and true strategies that used to work without fail.

Returns Equal Reality Minus Expectations

At the beginning of the year, expectations ran high. Some economists forecasted U.S. GDP growth rates above 4 percent, European credit spreads indicated crisis containment, and China’s economy appeared to be on a government-conceived glide to slower, non-inflationary growth. As expectations ran high, the first quarter provided stock market investors with the best index returns in 14 years.


Mississippi Awarded $3.8M Victim Assistance Grant

JACKSON, Miss. (AP) — The state of Mississippi has been awarded a $3.8 million grant for assistance and services for victims of crime.


Cheaper Gas Keeps US Consumer Prices Flat

WASHINGTON (AP) — Consumer prices were unchanged in June, held down by cheaper gas. Outside the volatile food and energy categories, inflation was mild.

Dutch Police Investigate Delta Sandwich Needles

THE HAGUE, Netherlands (AP) — Police at Amsterdam's Schiphol Airport have opened a criminal investigation into how needles got into turkey sandwiches served to passengers on Delta Air Lines flights from Amsterdam to the United States, a spokesman said Tuesday. The FBI also is investigating the incidents.


Lawmakers Seize on Report Detailing Impact of Cuts

WASHINGTON (AP) — Republicans and Democrats seized on a new report estimating that automatic budget cuts will cost the economy 2 million jobs to level election-year charges that underscored the deep political divide over how to avert the looming crisis.

Bernanke: Recession Likely if Congress Doesn't Act

WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke painted a dark picture of where the U.S. economy is headed if Congress fails to reach agreement soon to avert a budget crisis.

Most Oppose Unlimited Corporate Campaign Spending

WASHINGTON (AP) — Most Americans know they have a constitutional right to freedom of speech, and for a clear majority, that does not translate into allowing unlimited spending by corporations or labor unions on political campaigns, according to a new survey.

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Blog News, Training & Events
PROPERTY SALES 68 321 13,763
MORTGAGES 79 340 15,906
BUILDING PERMITS 265 765 28,522
BANKRUPTCIES 49 227 8,877

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