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VOL. 130 | NO. 156 | Wednesday, August 12, 2015

Memphis Firm HigherVisibility Nabs Spot on Inc. 5000

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

Jernigan Sees Big Market for Company He's Moving to Memphis

Dean Jernigan spent the better part of a roughly 40-minute earnings presentation to analysts early Wednesday, Aug. 12, detailing not just the latest quarterly results for his newly public company, Jernigan Capital, but also why it exists in the first place.

Treated Like 'The King'

Dr. Mark Castellaw maintains memorabilia-filled Elvis room at clinic

Dr. Mark Castellaw’s clinic in Germantown not only treats its patients’ medical needs – it’s also home to a memorabilia-packed shrine in honor of the King of Rock ‘n’ Roll.

Memphis, Shelby County Home Sales Blaze On in July

The summer is coming to a close on a high note with home sales figures up across the board.

Cruz Rallies Standing-Room-Only Agricenter Crowd

Republican presidential contender Ted Cruz complained of “bipartisan corruption” and “the party of Washington” this week at a Memphis rally at Agricenter International that drew a standing-room-only crowd of more than 500.

Local Weather
Currently
Memphis, TN
79.0°F
A Few Clouds
Wind: South at 3.5 mph
Humidity: 77%

EVENTS

Central Defense Staffing will host a job fair Wednesday, Aug. 12, from 9 a.m. to 2 p.m. at Marion Hale Community Center, 4791 Willow Road. CDS is hiring various positions for large accounts in Memphis and North Mississippi. Applicants should come prepared for an informational interview. For details on available positions, call 901-473-6385.

more events »

Memphis Public Transportation Grants Top $5 Million

The city of Memphis’ efforts at improving public transportation options for its citizens received two chunks of funding recently that collectively total more than $5 million.

Memphis Medical Research Org Acquired By Global Entity

A Memphis-based medical organization that specializes in procuring human tissue specimens for research purposes has been acquired by a global entity pursuing similar work.

Campaign Strategies Shift As Mayoral Debates Begin

It’s been a scrap from the start.

County Commission Chairmanship Given, Taken Back

For a while Monday, Aug. 10, it looked like the Shelby County Commission had shaken off several years of political conflict in the annual selection of its chairman.

MIFA’s Feed the Soul Fundraiser Is ‘Memphis At Its Finest'

Each year after MIFA’s Feed the Soul event, Sally Jones Heinz has the same thought.

Jernigan Capital Moving HQ to Memphis

Dean Jernigan, the founder of Storage USA and a businessman with deep ties to Memphis, is preparing to move the headquarters of his newly public company, Jernigan Capital, to Memphis.

NEWSMAKERS

Shibata Named UTHSC Chair of Surgery

Dr. David Shibata has been named the Scheinberg Endowed Chair of Surgery and a professor in the Department of Surgery in the College of Medicine at the University of Tennessee Health Science Center.

LOCAL COLUMNISTS

Defining Your Ideal Millennial Client

While the youngest millennials may still be 18, many of them are in their late 20s or even mid-30s now.

What the Fed Says Will Matter More than What It Does

At her first press conference in March of 2014, Fed Chair Janet Yellen timestamped the first interest rate hike as “something in the order of around six months” post the Fed’s bond buying QE campaign.

STATEWIDE

11 Tennessee Colleges Receive Funds to Attract Veterans

NASHVILLE, Tenn. (AP) — Eleven colleges will roll out new programs for student veterans in the fall thanks to $1 million in state funding that is part of a wide-ranging effort to draw more veterans to Tennessee.

Correction Department Commissioner: Tenn. Prisons 'Safe'

NASHVILLE, Tenn. (AP) — Tennessee Department of Correction Commissioner Derrick Schofield told lawmakers on Monday that the state's prisons are safe despite staff vacancies and recent violence at two of its prisons.

NATIONAL BUSINESS

US Productivity Growth Rebounds to 1.3 Percent in Second Quarter

WASHINGTON (AP) — U.S. productivity rose at a moderate pace in the April-June quarter as growth picked up and hiring remained steady.

Google Forms a New Holding Company, 'Alphabet'

SAN FRANCISCO (AP) — Google is creating a new company to oversee its highly lucrative Internet business and a growing flock of other ventures, including some — like building self-driving cars and researching ways to prolong human life — that are known more for their ambition than for turning an immediate profit.

China's Move to Devalue Currency Could Reverberate Globally

BEIJING (AP) — China's surprise move Tuesday to devalue its currency has intensified concerns about the world's second-largest economy, whose growth has reached a six-year low. It may also fan political tensions with the United States and Europe, whose exports could become comparatively costlier.

US Wholesale Stockpiles in June Show Largest Gain in Year

WASHINGTON (AP) — U.S. wholesalers increased their stockpiles in June by the largest amount in more than a year, while sales crept up slightly.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 312 16,192
MORTGAGES 86 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 332 655 33,126
BANKRUPTCIES 50 237 10,737
BUSINESS LICENSES 26 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 19 94 3,867

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