VOL. 128 | NO. 198 | Thursday, October 10, 2013
The $180 million project to revitalize the Sears Crosstown building won a 20-year payment-in-lieu-of-taxes (PILOT) agreement Thursday, Oct. 10, from the Center City Revenue Finance Corp.
Block party planned for history-rich Soulsville area
Of the neighborhoods in which the Mayor’s Innovation Delivery Team has been working to build retail and commercial trade, none has the amount of history, turmoil, potential and perception problems found in the two blocks east and west of Mississippi Boulevard and Walker Avenue.
Five years after Frontier Airlines’ rapid exit from Memphis International Airport, Frontier executives announced Wednesday, Oct. 9, the discount air carrier will return to town with four weekly nonstop flights between Memphis and Denver starting March 7.
When it comes to the character and distinctiveness associated with a city's most famous streets, there's a certain street in the heart of Downtown Memphis that stands above the competition.
October makes for some great postseason baseball. But the preseason basketball? Not so great.
Choosing the right setting is important for a filmmaker’s finished product, so it’s perhaps fitting that the setting is one reason organizers of this year’s Indie Memphis Film Festival are preparing for another big year.
Robert Lipscomb, director of the city of Memphis’ Division of Housing & Community Development, says the retail to be part of the city’s Fairgrounds overhaul will not be in competition with businesses in the nearby Cooper-Young Historic District or Overton Square.
As fewer than 2,000 voters participated in the latest of 11 elections in Shelby County in a three-month span, the independent candidate in the Nov. 21 special general election for state House District 91 filed suit against state election officials in U.S. Federal Court for the Middle District of Tennessee.
The $180 million plan to bring the former Sears Crosstown building back to life with a mix of residential, commercial and retail tenants faces a critical hurdle Thursday, Oct. 10, as the Center City Revenue Finance Corp. considers a 15- or 20-year payment-in-lieu-of-taxes (PILOT) agreement for the project.
MEMPHIS LAW TALK
When Russell Lewis IV entered the University of Memphis Cecil C. Humphreys School of Law, he had no plans to become a practicing attorney.
Ray’s Take This last recession was a real wakeup call for everyone: once secure jobs evaporated, homes values were halved, retirement portfolios surrendered a decade’s worth of gains. It was a painful experience all around.
Make no mistake about it: When it comes to words, I’m a huge fan!
Last Monday, as Congress was debating the 97th version of the Continuing Resolution (CR), I decided to watch some of the floor remarks made from Capitol Hill. After about four minutes of viewing, the alarmist nature of the comments about the pending shutdown proved to be three minutes too much for me.
WASHINGTON (AP) – In a history-making selection, President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve, a critical post as the nation continues its fitful economic recovery. If confirmed she would be the first woman to lead the powerful central bank.
WASHINGTON (AP) – Federal Reserve Vice Chair Janet Yellen says more needs to be done to strengthen the U.S. economy. She made her remarks as Obama nominated her to succeed Ben Bernanke as chair of the nation's central bank.
WASHINGTON (AP) – Nearly every member of the Federal Reserve thought last month that the central bank should see more evidence that the economy was improving before slowing its bond purchases. But worries about whether a delay would confuse financial markets made the decision a "close call."
WASHINGTON (AP) – President Barack Obama and lawmakers must rise above their incessant bickering and do more to end the partial government shutdown, according to a poll Wednesday that places the brunt of the blame on Republicans but finds no one standing tall in Washington.
WASHINGTON (AP) – You'll have to get coverage by Valentine's Day or thereabouts to avoid penalties for being uninsured, the Obama administration confirmed Wednesday.
Worldwide shipments of personal computers fell in the third quarter of the year, the sixth straight quarter of decline as cheaper tablet computers and smartphones cut into demand.