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VOL. 130 | NO. 166 | Wednesday, August 26, 2015

Southwest Adds Memphis Flights

Southwest Airlines will add seasonal nonstop flights between Memphis and Austin, Texas, along with an additional seasonal flight to Orlando.

Memphis College of Art Set to Exit Downtown Memphis

The Memphis College of Art appears set to move its graduate programs away from Downtown and back to its Overton Park campus.

University of Memphis, Church Health Center Form Partnership

The University of Memphis and the Church Health Center are forming a partnership to help the underserved of Memphis.

Homegrown Talent

New Daisy to host Memphis music ‘throwdown’

The New Daisy Theatre will play host in a few weeks to a local music festival featuring a handful of Memphis bands that also serves as a showcase of sorts for a new record label in town.

Memphis Investment Professionals Preach Caution Amid Market Swings

The 1,000-point drop at one point Monday, Aug. 24, in the Dow Jones Industrial Average – it ended the day down 588 points to close at an 18-month low – was a result of volatile trading that marked a stomach-churning start to the week for investors.

Local Weather
Currently
Memphis, TN
61.0°F
Mostly Cloudy
Wind: East at 4.6 mph
Humidity: 78%

EVENTS

B.I.G. for Memphis, a business interest group that connects Memphis Police colonels and business leaders, will meet Wednesday, Aug. 26, from 9:45 a.m. to 11:30 a.m. at Phelps Security, 4932 Park Ave. Kenneth Brown and Charles Stewart from the Community Emergency Response Team (CERT) will speak. Visit phelpssecurity.com.

more events »

Shelby County Budget Summit Call Begins With Different Priorities

Shelby County government’s financial needs have changed in the nearly two months since the new fiscal year began.

Memphis Mayoral Endorsements Split

The first wave of endorsements in the 2015 Memphis elections finds no mayoral contender with a sweep, one of the four major contenders without an endorsement so far and two of the big three municipal unions backing different mayoral candidates.

Forum Connects Minority Businesses, Econ Opportunities

This week’s Economic Development Forum is an opportunity for minority and women-owned businesses to connect to opportunities in the Memphis area.

NEWSMAKERS

Trezevant Hires Resident Services Head

Kimberly O’Donnell has joined Trezevant as director of resident services. In her new position, she will be responsible for managing a variety of programs and functions while serving as liaison to the residential community.

LOCAL COLUMNISTS

The Priorities Of The Data-Driven Marketer

When I began my career in marketing more than 20 years ago, measurement was straightforward. We simply monitored revenue growth and our marketing expense, making assumptions about how the two might be correlated.

Should Citizens Have to Pay to Look at Public Records?

Lots is happening in the area of open government lately. In recent columns I’ve talked about legislation that would control access to police videos and about a proposed Supreme Court rule that would limit reporters’ use of electronic devices in courtrooms.

Playing the Pullback

After four years of up, markets have quickly entered correction territory. Unfortunately, since most investors operate with short memories, the current pullback feels major since recent comparisons have been minor. However, markets corrections don’t presage negative annual returns.

STATE GOVERNMENT

State Supreme Court Won't Hear Judge Joe Brown's Appeal

NASHVILLE, Tenn. (AP) — The Tennessee Supreme Court is refusing to hear an appeal from former TV judge Joe Brown over a jail sentence for contempt of court.

Former Tennessee Rep., GOP Operative Decry Dark Money

NASHVILLE, Tenn. (AP) — A former Democratic congressman and a prominent Republican political operative on Tuesday called for ending untraceable spending for and against candidates in Tennessee and around the country.

NATIONAL GOVERNMENT

Budget Report Sees Shrinking Deficits, But Only For Now

WASHINGTON (AP) — An unforeseen flood of revenue is shrinking federal deficits to the lowest level of President Barack Obama's tenure, Congress' nonpartisan budget adviser said Tuesday. But in a report that will fuel both parties in their autumn clash over spending, the analysts also warned that perilously high shortfalls will roar back unless lawmakers act.

NATIONAL BUSINESS

US Consumer Confidence Shows Sharp Rebound in August

WASHINGTON (AP) — U.S. consumer confidence rebounded in August to the strongest reading in seven months after having fallen sharply in July.

REAL ESTATE

US New-Home Sales Rebound in July

WASHINGTON (AP) — Americans stepped up their purchases of new homes in July, with sales surging in the Northeast.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 0 175 12,208
MARRIAGE LICENSES 29 121 4,478

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