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VOL. 131 | NO. 155 | Thursday, August 4, 2016

Jernigan Raises Outlook for Earnings

For Jernigan Capital, the newest Memphis-based public company that provides capital to self-storage entrepreneurs, the period between April and June saw the company achieve a handful of firsts.

Crowded Race in 8th District GOP Primary Tops Thursday's Ballot

Two days before the Thursday, Aug. 4, election day, state Rep. Curry Todd was arrested by Shelby County Sheriff’s deputies for removing a rival’s campaign signs in Collierville.

Crosstown Concourse Spawns New Memphis Brewery

Crosstown Concourse’s latest tenant is a brewery. Crosstown Brewing Co., a newcomer to Memphis’ craft brew scene, will move into a newly constructed building on the west side of Crosstown Concourse.

Les Passees ‘Stock Exchange’ Enters 30th Year

During World War I, members of Les Passees Inc. made bandages and did knitting for soldiers. Today the oldest women’s volunteer organization in Memphis is about to celebrate the 30th year of its “Stock Exchange” upscale consignment shop.

Last Word: The One Before November, Defining The Outsider and Stock Exchange

Election Day arrives in Shelby County.

Local Weather
Currently
Memphis, TN
84.0°F
A Few Clouds
Wind: Calm mph
Humidity: 55%

EVENTS

Metal Museum will host its Pokemon Go-themed Whet Thursday on Aug. 4 from 5 p.m. to 8 p.m. at 374 Metal Museum Drive. Attendees can enjoy free museum admission, food, live music and a hands-on activity while catching all the Pokemon they can find. Cost is free. Visit metalmuseum.org.

more events »

Huckabee, Santorum Offer Different Definitions of ‘Outsider’

The two Republican presidential contenders who carried Shelby County and took the state in the 2008 and 2012 Tennessee primaries came to Memphis this campaign season to talk about “the outsider.”

REAL ESTATE RECAP

Frost Bake Shop Opens Second Location

1016 W. Poplar Ave -
Frost Bake Shop is opening its second location this month, at 1016 W. Poplar Ave. in Collierville.

LOCAL COLUMNISTS

Outnumbered Democrats Hope To Ride Anti-Trumpmentum

State Rep. Raumesh Akbari identified herself with the “Fighting 26,” also known as the Tennessee House Democratic Caucus, when she took the podium to support Hillary Clinton at Philadelphia’s Democratic National Convention.

Creating Environmentally Conscious Offices

Environmental consciousness is a hot topic for many individuals today, but is that conversation transferrable to the workplace? It’s possible to bring a green mindset to the workplace by either implementing a few eco-friendly tips yourself or by suggesting them to management for all to benefit from. And, why not start now, during the warm, dare we say scorching hot, months of the summer, which raise some particularly unique solutions for consideration.

Finding The Old West In Dodge City

Driving from Oklahoma City to Denver, we were looking at a 10-hour-plus journey. And on a two-week trip from Memphis to Los Angeles, there’s enough time that we didn’t need to put ourselves through that misery.

A Summer of Ingestion, Part 1

It’s been a summer of ingestion: Taking things in. Reading books. Watching movies.

MEMPHIS AREA

Lawmaker Jailed in Campaign Sign Theft Bailed Out by Victim

MEMPHIS, Tenn. (AP) – A Tennessee political candidate didn't want his rival to be behind bars when the two square off at the polls – even if the jailed lawmaker is accused of taking his campaign signs.

STATEWIDE

Prosecutors: State Lawmaker Planned to Profit From Tax Hike

KNOXVILLE, Tenn. (AP) – As Tennessee lawmakers raised cigarette taxes to 62 cents per pack in 2007, one veteran representative wanted even more, saying it "should have been a dollar."

NATIONAL BUSINESS

Small Businesses Extend Erratic Hiring Streak in July

Small businesses extended their erratic hiring streak in July, creating 61,000 jobs compared to June's 95,000, ADP said Wednesday. Hiring at the payroll company's customers with 49 or fewer employees has seesawed this year, with back-to-back increases only in March and April.

Office Depot to Close More Stores After Failed Merger

NEW YORK (AP) – A sizeable payout following a failed merger with its rival, Staples, pushed Office Depot to a second-quarter profit, but the office supply retailer still fell short of most expectations and revenue slid 6 percent.

Fed Fines Goldman $36.3M for Use of Confidential Material

WASHINGTON (AP) – The Federal Reserve fined Goldman Sachs $36.3 million for what it called the use and disclosure of confidential materials that the U.S. uses in its supervision of banks.

TECHNOLOGY

In a Sign of Broader Ambitions, Facebook Opens Hardware Lab

MENLO PARK, Calif. (AP) – Facebook built its fortune on the internet, that non-physical space where people share updates and digital videos with friends. But deep inside its Silicon Valley headquarters, engineers have stocked a new lab with computerized lathes, industrial mills and tools for making physical goods.

Time Warner Invests in Hulu in Win for Cable Cord-Cutters

NEW YORK (AP) – In another win for cable cord-cutters, Time Warner has become the latest media company to invest in streaming service Hulu.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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