WASHINGTON (AP) — Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains.

The Commerce Department said Monday that new homes sold last month at a seasonally adjusted annual rate of 689,000, up from 646,000 in April. The South reported monthly sales growth of 17.9 percent, while sales were flat in the Midwest and fell in the Northeast and West.

2. EPE Expansion in Limbo, Overton Square Restaurant Sets Opening Date - Monday, March 26, 2018

3734 Elvis Presley Blvd.
Memphis, TN 38116

Project Cost: $22 million

Owner: Elvis Presley Enterprises

Details: Elvis Presley Enterprises’ expansion plans have been put on hold for the second straight month as the Economic Development Growth Engine for Memphis and Shelby County board continues to sort out if any implications will stem from approving bond financing for the Whitehaven project.

3. Coming Full Square - Saturday, March 10, 2018

For the first time in a while, Overton Square isn’t 100 percent leased. And while no one really expects that to be the case for very long, these rare vacancies provide a good chance to stop and examine what the popular entertainment destination has going on.

4. On Medicaid? Amazon Offers Recipients a Prime Discount - Thursday, March 8, 2018

NEW YORK (AP) – Amazon has taken another step to woo low-income shoppers to its site and away from rival Walmart.

The online retailer opened its discounted $5.99-a-month Prime membership on Wednesday to people on Medicaid, giving it an even bigger pool of potential shoppers who may otherwise have been unable to pay the standard fee.

5. Sales of US Homes Fall Year Over Year by Most in 3 1/2 Years - Thursday, February 22, 2018

WASHINGTON (AP) – U.S. sales of existing homes fell in January from a year earlier by the most in more than three years. Would-be buyers were stymied by rising prices and a shortage of homes for sale.

6. Hotel Indigo, Trader Joe’s Move Ahead - Monday, February 12, 2018

22 N B.B. King Blvd., Memphis, TN 38103: Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.

7. DMC to Review Plans For New Downtown Mixed-Use Building, Midtown Apartments - Friday, February 9, 2018

A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 S. Front St.

8. New Apartments Planned for Overton Square - Wednesday, February 7, 2018

PMT Investments LLC, a newly formed business partnership between Aaron Petree, Cliff McLemore and Ed Thomas III, is seeking an 11-year tax abatement to construct a 16-unit apartment building on the periphery of Overton Square.

9. US Home Sales Climb 5.6 Percent in November to 11-Year High - Thursday, December 21, 2017

WASHINGTON (AP) – Americans purchased homes at the fastest pace in nearly 11 years, as sales climbed 5.6 percent in November.

The National Association of Realtors said Wednesday that sales of existing homes rose last month to a seasonally adjusted annual rate of 5.81 million units. Home sales were last this strong in December 2006, when properties sold at annual pace of 6.42 million.

10. Not Worried About Bama? Just Wait Until Kickoff - Friday, October 20, 2017

Tennessee’s football team will make history Saturday against No. 1-ranked Alabama (7-0, 4-0 SEC), no matter what happens with the game.

The Vols (3-3, 0-3 SEC) were 34-point underdogs early in the week for the 3:30 EDT game (TV: CBS) in Tuscaloosa. The 34-point spread is the largest ever in the UT-Alabama series.

11. Dobbs Had a Great Run, But Manning is Still No. 1 - Friday, January 6, 2017

Tennessee senior Joshua Dobbs has created a quarterback controversy. Dobbs finished his college career Dec. 30 when UT beat Nebraska 38-24 in the Music City Bowl in Nashville. He accounted for 409 total yards – 291 passing and 118 yards rushing – and was chosen the game’s MVP.

12. The Pluses and Minuses of Drugmakers' Discount Cards - Thursday, September 15, 2016

WASHINGTON (AP) – Facing public furor for the price of its emergency allergy shot EpiPen, Mylan Pharmaceuticals quickly pointed to a familiar industry solution: copay discount cards.

Copay coupons or cards have become a ubiquitous part of the pharmaceutical business, offered through websites, mobile apps and doctor's offices. Patient advocates say they can bring down out-of-pocket expenses for patients who face high copays and deductibles. Mylan last month boosted its discount cards to cover $300 of insured patients' copay costs, up from $100.

13. Kiddie Tablets 'Grow Up' As Competition Grows - Monday, December 28, 2015

NEW YORK (AP) – Kiddie tablets have grown up. Tablets designed just for kids are getting more sophisticated as they face increased competition from regular tablets. The new products also have better screens, speedier chips and fashionably slim bodies. They let older children do more, yet hold their hands until they're ready for unsupervised access.

14. Del-Nat Sells Warehouse, Newby’s Makes A Comeback - Friday, June 12, 2015

Del-Nat Tire Co. has unloaded a 500,000-square-foot warehouse in Southwest Memphis.

Sunhill Holdings LLC acquired the warehouse at 2365 Texas Drive for $6 million from Del-Nat Realty.

15. This Week in Memphis History: March 27-April 2 - Saturday, March 28, 2015

1985: The NCAA Final Four basketball playoffs in Lexington, Ky., with the Memphis State University Tigers among the four top teams, along with St. John’s, Villanova and Georgetown.

The Tigers team of Keith Lee, Baskerville Holmes, Andre Turner, Vincent Askew, William Bedford, Aaron Price and John Wilfong – coached by Dana Kirk and recruited by assistant coach Larry Finch – lost to Villanova, which went on to beat Georgetown.

16. Soaring Generic Drug Prices Draw Senate Scrutiny - Friday, November 21, 2014

WASHINGTON (AP) – Some low-cost generic drugs that have helped restrain health care costs for decades are seeing unexpected price spikes of up to 8,000 percent, prompting a backlash from patients, pharmacists and now Washington lawmakers.

17. Court Raises Bar for Securities Class Action Cases - Tuesday, June 24, 2014

WASHINGTON (AP) – The Supreme Court on Monday made it tougher for investors to join together to sue corporations for securities fraud, a decision that could curb the number of multimillion dollar legal settlements companies pay out each year.

18. Malone to Challenge Luttrell In August Mayoral Showdown - Wednesday, May 7, 2014

Former Shelby County Commissioner Deidre Malone will challenge incumbent Shelby County Mayor Mark Luttrell in the August county general election after winning the Tuesday, May 6, Democratic mayoral primary.

19. Malone Takes Early Vote In Mayoral Primary - Wednesday, May 7, 2014

Former Shelby County Commissioner Deidre Malone took the early vote in the three-way Democratic primary for Shelby County Mayor.

The first results of the Tuesday, May 6, election night showed Malone leading rivals county commissioner Steve Mulroy and former Shelby County Schools board member Kenneth Whalum Jr.

20. Health Law Cited as US Uninsured Rate Drops - Tuesday, March 11, 2014

WASHINGTON (AP) – The share of Americans without health insurance is dropping to the lowest levels since President Barack Obama took office, but sign-ups under his health care law lag among Hispanics – a big pool of potential beneficiaries.

21. Court Weighs Securities Fraud Case Changes - Thursday, March 6, 2014

WASHINGTON (AP) – The Supreme Court on Wednesday seemed open to the possibility of making it harder for investors to join together to sue corporations for securities fraud – but maybe not as hard as companies that have to defend such lawsuits would like.

22. Vapor Haze of the Future - Wednesday, February 26, 2014

Create A Cig, located in a strip mall on Poplar Avenue across from East High School, is not just an electronic cigarette retail store.

Walk inside and you feel like you are in a coffee house (notice the Jenga and Yahtzee games), in an ice cream parlor (not just 31 flavors, but a base of 250), and in a head shop – it smells rather like incense burning, and the Rolling Stones’ “Miss You” from 1978 is playing through the speakers.

23. Roland ReElected At Filing Deadline, Two Countywide Races Set For August - Friday, February 21, 2014

One of the six Shelby County Commission incumbents seeking re-election this year was effectively elected to a new four-year term in a new district with the noon Thursday, Feb. 20, filing deadline for candidates in the May county primaries.

24. KBM Group Growing at Clark Tower - Friday, January 17, 2014

A digital marketing agency is expanding at Clark Tower in East Memphis.

KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.

25. US Household Wealth Regains Pre-Recession Peak - Saturday, March 9, 2013

It took 5½ years.

Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost to the Great Recession. The gains are helping support the economy and could lead to further spending and growth.

26. US Household Wealth Regains Pre-Recession Peak - Friday, March 8, 2013

It took 5 1/2 years.

Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost to the Great Recession. The gains are helping support the economy and could lead to further spending and growth.

27. Raleigh Office Complex Sold To Local Entity - Friday, August 3, 2012

An office complex in Raleigh has traded hands after being under the same family ownership for more than 30 years.

Commercial Real Estate Network LLC, a local investor, has purchased the 40,756-square-foot Raleigh Center Office Complex at 2974 Austin Peay Highway from Charles R. Averwater Living Trust for $299,000.

28. Local to Open Second Locale in Overton Square - Wednesday, May 2, 2012

After having a popular Downtown presence for more than two years, Local Gastropub has inked its second location in Overton Square.

Local Gastropub will open in the former Yosemite Sam’s at 2126 Madison Ave., at the northwest corner of Madison and North Cooper Street. The 100-year-old, 5,826-square-foot, two-story building housed Yosemite’s Sam’s for 39 years before Loeb Properties Inc. acquired the property from Faye Pannell in August for $350,000.

29. Local Gastropub Picks Overton Square for 2nd Locale - Monday, April 30, 2012

After having a popular Downtown presence for more than two years, Local Gastropub has inked its second location in Overton Square.

Local Gastropub will open in the former Yosemite Sam’s at 2126 Madison Ave., at the northwest corner of Madison and Cooper. The 100-year-old, 5,826-square-foot, two-story building housed Yosemite’s Sam’s for 39 years before Loeb Properties Inc. acquired the property from Faye Pannell in August for $350,000.

30. Local Gastropub Picks Overton Square for 2nd Locale - Tuesday, May 1, 2012

After having a popular Downtown presence for more than two years, Local Gastropub has inked its second location in Overton Square.

Local Gastropub will open in the former Yosemite Sam’s at 2126 Madison Ave., at the northwest corner of Madison and Cooper. The 100-year-old, 5,826-square-foot, two-story building housed Yosemite’s Sam’s for 39 years before Loeb Properties Inc. acquired the property from Faye Pannell in August for $350,000.

31. Parkway Completes Sale of Renaissance Center - Tuesday, March 13, 2012

Parkway Properties Inc. has completed the sale of its interest in Renaissance Center – a 190,000-square-foot, Class A office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.

32. Former Mazda Warehouse Sells for $13.5M - Friday, February 10, 2012

The former Mazda North America Inc. distribution center in DeSoto County has been acquired by Hillwood Investment Properties for $13.5 million.

33. Back to Black - Monday, November 28, 2011

The Friday after Thanksgiving, often dubbed, “Black Friday,” is considered by many to be the traditional start of the holiday season shopping in the U.S.

The origin of the term varies. Some sources attribute the Philadelphia Police Department’s coinage of the phrase in 1966 to describe the hectic traffic and chaotic crowds on the busy shopping day. Others deem the expression to reflect a retailer’s shift to profitability during the holiday season, when a boost in sales moves a business out of the “red” and into the “black.”

34. Company Buys 11 Acres On Thousand Oaks - Friday, September 30, 2011

NAI Saig Co. has negotiated a pair of investment sales in recent weeks. Corolla Management Corp. has purchased two sites totaling 10.6 acres on Thousand Oaks Cove from Bank of Bartlett for $925,000.

35. Grill Brings Taste Of Tokyo to Memphis - Thursday, March 24, 2011

The owner of Tokyo Grill, a new eatery in the heart of East Memphis, is on a mission to serve up tasty Japanese fare to hungry Memphians fast and at an affordable price.

Aaron Liu claims his establishment is the Bluff City’s first Japanese take-out restaurant.

36. Colliers Sells Property to Union Forklift - Friday, October 22, 2010

Colliers International recently sold an 18,750-square-foot building in the Perimeter Point Business Park, 2188 Spicer Cove.

37. Air Park Property Sells For $730,000 - Friday, October 15, 2010

Crump Commercial LLC recently closed on a property at 3850 Air Park St., a deal that has been in the works for about six months.

38. No Room at the Inn - Monday, February 8, 2010

The bed came with a view of a sparkling Mississippi River on a winter day that was about 10 degrees on the warm side of crisp. The trees were bare and no one appeared to be at home near the concrete floodwall that ends just south of The Pyramid.

39. Debt Reduction Pushes Ford to $2.3B Q2 Profit - Friday, July 24, 2009

DEARBORN, Mich. (AP) - Helped by a lightened debt load, Ford Motor Co. posted a surprise second-quarter profit of $2.3 billion Thursday, following the worst loss in company history a year earlier. Shares rose 9 percent in afternoon trading.

40. GM Eliminating about 1,100 Dealer Franchises - Monday, May 18, 2009

NEW YORK (AP) - General Motors Corp. on Friday told about 1,100 dealers, or nearly 20 percent of its U.S. network, that they will be fired by the automaker late next year because their sales are weak.

41. Falling Energy Prices Yet to Show Economic Return - Monday, December 22, 2008

PHOENIX (AP) - Economists believe that American consumers as a whole pocket a billion dollars every time the price for a gallon of gas drops by a penny. Given that retail gas prices have dropped by $2.44 per gallon since July, there should be a lot of money flowing back into the economy.

42. This Just In: - Wednesday, September 27, 2006

Four months from now, a group of celebrities from the news and entertainment worlds will flock to Memphis for a national conference on the media, an event that's expected to bring up to 3,000 people to the city.

43. Archived Article: Market Briefs - Monday, September 23, 2002
Outplacement firm Lee Hecht Harrison moved to 1715 Aaron Brenner Drive, Suite 318 at the Renaissance Center

Outplacement firm Lee Hecht Harrison moved to 1715 Aaron Brenner Drive, Suite 318, in the Renaissance Center. Jill M. Stem, vice president...

44. Archived Article: Hanks Chg - Thursday, August 8, 1996
By CAMILLE H. GAMBLE Investor, rental company purchase two Hanks stores By CAMILLE H. GAMBLE The Daily News Little Rock-based Hanks Discount Furniture will close its two stores in Memphis and has sold the buildings on Stage Road and American Way to ...