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VOL. 131 | NO. 181 | Friday, September 9, 2016

Germantown Moves on New School Site South of Poplar

The city of Germantown is moving toward a contract on 33 acres of land south of Poplar Avenue for a new elementary school.

Curb Market to Open in Crosstown Concourse

Locally owned grocery The Curb Market is returning to its midcentury roots with its plan to locate a new, larger store in Crosstown Concourse.

Bidding in Online Property Auction Ends at 8 p.m. Friday

Bidders have until 8 p.m. (CST) Friday, Sept. 9, to bid on properties in the fourth and final online tax sale auction for 2016.

MATA Awarded $4.3M Federal Grant to Replace Buses

The Memphis Area Transit Authority has secured $4.3 million in federal funding to purchase replacement buses, saving the system money by deploying new transit technology.

New Type of Subdivision to Replace Foote Homes

Memphis’ last traditional public housing complex is coming down and a new kind of subdivision will rise in its place.

Local Weather
Currently
Memphis, TN
50.0°F
Fair
Wind: Southwest at 9.2 mph
Humidity: 43%

EVENTS

Memphis Office of Youth Services and Southern Heritage Classic will host the Classic College Fair GPS on Friday, Sept. 9, from 9 a.m. to 5 p.m. in the Pipkin Building on Tiger Lane. Attendance is free for attendees to learn about more than 80 regional colleges, universities and career opportunities. Visit cityofmemphisyouth.org.

more events »

Shelby County Jail Population Up With Longer Stays While Awaiting Trial

The Shelby County Jail is getting crowded and it’s because prisoners awaiting trial are staying longer.

Opera Memphis Brings Back 30 Days of Opera

For Opera Memphis’ fifth anniversary of its “30 Days of Opera” event during September, the organization wanted to borrow a page from people’s Netflix habits and help Memphians literally binge watch the art form.

Half of Memphis Schools Closed Since 2012 Stand Empty, With More Closures On the Way

Vance Middle School once served as the anchor for its surrounding neighborhood until the school was shuttered in 2014 by Shelby County Schools, sending its students to another school about a mile away.

SPORTS

Vols Can’t Afford Another Iffy Effort at the Speedway

Imagine if Tennessee running back Jalen Hurd hadn’t recovered the fumble by UT quarterback Joshua Dobbs in the end zone for a touchdown in overtime last Thursday night.

8-8 Mediocrity Sounds Good to Titans Fans

On an August morning in 1999, the Tennessee Titans coaching staff and front office personnel awoke to this headline in the local newspaper:

‘Breathtaking’ Transformation in Bristol

This isn’t just any football game. It’s the Battle at Bristol.

Good Cops Greater Than All Quarterbacks

I have read and listened to quarterback Colin Kaepernick’s reasons for protesting the American flag and the National Anthem.

STARTUP CONFIDENTIAL

Parson: ‘Customer Service is a Big Deal’

It sounded like a wonderful gift – Tonya Parson had just sent her mother on a Mexican cruise to celebrate a big birthday. Parson, a nurse who was working on her master’s degree at the time, says her mother came back with general malaise. She just didn’t feel good.

LOCAL COLUMNISTS

Mortgages: 15 or 30?

Ray’s Take When thinking about mortgages, most people look at either the rate or the payment. Typically a 30-year mortgage offers lower payments but has a higher rate and more total interest cost. A 15-year mortgage offers a lower interest rate but has higher payments. Neither one is inherently right or better. When deciding on the mortgage that is best for you, take a deeper look at everything involved.

Laws of Our Nature

IT’S NOT YOU. IT’S THE LAW. You know that feeling when you’re in line … any line, including any lane for anything … that the line was moving faster until you got in it, and you wonder if it’s just you, subject of a cosmic conspiracy, or a karmic joke, or, like Job, a bet between God and Satan.

THE TIPPING POINT

Turner Keeps ServiceMaster on the Cutting Edge

Growing up, it wasn’t enough for Bryant-Joshua Turner to watch movies. He wanted to know how the VCR worked – so he took it apart. At the time, he was 9 years old.

MEMPHIS AREA

Shelby County Deputy Arrested on Extortion Charge

MEMPHIS, Tenn. (AP) – Federal prosecutors say a Shelby County sheriff's deputy has been charged with trying to extort thousands of dollars from an alleged drug dealer.

STATEWIDE

Johnson Controls Ending Production at Lexington Plant

LEXINGTON, Tenn. (AP) – Automotive supplier Johnson Controls plans to phase out 290 jobs over the next two years as the company ends production at its Lexington plant in West Tennessee.

REGIONAL NEWS

Horse, Dog Tracks Back Effort to Block Arkansas Casinos

LITTLE ROCK, Ark. (AP) – Horse and dog tracks in Arkansas that offer electronic gambling said Wednesday they are opposed to an effort to legalize casinos in three counties and are supporting a group suing to disqualify the proposal from the November ballot.

NATIONAL BUSINESS

As US Puts Breaks on Megadeals, Walgreens Prepares to Unload

Walgreens believes that it will probably have to unload more stores than expected to ease antitrust concerns over its pending, $9.41 billion acquisition of Rite Aid, a deal that would make the nation's largest drugstore chain even larger.

Sandwich Chain Jimmy John's Sells Majority Stake to Roark

NEW YORK (AP) – Sandwich chain Jimmy John's Sandwiches says it sold a majority stake in the company to private equity firm Roark Capital Group.

ECONOMY

Consumer Borrowing Grows by $17.7 Billion in July

WASHINGTON (AP) – American consumers increased their borrowing in July, though the category that includes credit cards grew at the slowest pace since February.

REAL ESTATE

US Average 30-Year Mortgage Rate Declines to 3.44 Percent

WASHINGTON (AP) – Long-term U.S. mortgage rates edged lower this week. As rates remain at historically low levels, homeowners taking advantage of the chance to refinance their mortgages have pushed up refinancing activity.

TECHNOLOGY

Amazon Slashes Price, Adds Alexa to New Fire Tablet

NEW YORK (AP) – Amazon wants to be under the Christmas tree this year. It's cut the price of its new Fire tablet almost in half and added its popular voice assistant, Alexa, in hopes of making it a hot holiday item, despite a slump in overall tablet sales.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 46 229 20,995
MORTGAGES 74 248 24,609
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 478 837 43,174
BANKRUPTCIES 61 177 14,079
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 29 114 13,625
MARRIAGE LICENSES 20 67 5,136

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