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VOL. 129 | NO. 9 | Tuesday, January 14, 2014

Mortgage Market Grows 3 Percent in 2013

The mortgage market in Shelby County ended 2013 with a modest improvement over 2012, with signs pointing to more advances in 2014.

Property Struggle

Economic factors appear to spell demolition for the Tennessee Brewery

Discussions are underway about the particulars of an imminent demolition contract for the Tennessee Brewery, and the owners of the castle-like structure Downtown could decide the property’s fate by sometime in February or March.

What a Difference Year Makes for Goodwin

Months before the first practice, Tigers coach Josh Pastner believed in the fitter, more committed version of Shaq Goodwin that returned to the University of Memphis for his sophomore season.

Billingsley Is Newest County Commissioner As "Tax Dead" Program Advances

Former Germantown alderman Mark Billingsley is the newest Shelby County Commissioner.

Schools Reformation Enters New, Complex Stage

Shelby County Schools superintendent Dorsey Hopson meets this week with the newly installed superintendents of the county’s still-forming suburban school systems to talk details and cooperation.

Detractors Call Ballpark Deal Part of Larger ‘Quagmire’

Memphis City Council member Wanda Halbert calls it a “serious quagmire.”

Henderson Censure Latest Chapter in Death Penalty Case

A veteran Shelby County prosecutor has been censured by the Tennessee Board of Professional Responsibility for his conduct in a high-profile death penalty case from the 1990s that is scheduled to be retried later this year in Shelby County Criminal Court.

Design Competition a Win for College of Art Students

On a rainy Friday afternoon, Bailey Brocato, a sophomore at the Memphis College of Art, was using a hammer and chisel to remove a tile backsplash in the kitchen of a second-floor unit at The Venue Apartments on Central Avenue.

Grizzlies Look to Build Momentum

Their winning streak is a modest two games. But don’t tell the Grizzlies they’re the same team that they were a month ago.

REAL ESTATE RECAP

Collierville Fred’s Sells for $1.5 Million

450 U.S. 72, Collierville, TN 38017, Sale Amount: $1.5 million -
The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

LOCAL COLUMNISTS

How to Recruit Fundraising Volunteers

Successful fundraising requires qualified volunteer leadership. Whether you are launching an annual campaign or a capital campaign, you need a campaign chair who is committed to your cause and willing to put in the time required to achieve your fundraising goal.

Spit Out Your Gum

A young man came to interview for an internship. When he arrived, the first two things I noticed were that he was wearing his sunglasses casually on top of his head and was chewing gum. Less than two minutes in, I’m thinking: gum + sunglasses = unprofessional. This is just one small example of how you can turn people off before they get to know the real you. I gave Mr. Cool what I hoped was a bit of welcome advice, sending him off for his next career adventure.

STATEWIDE

Health Department to Give Away Safe Sleep Books

NASHVILLE, Tenn. (AP) — The Tennessee Department of Health is increasing efforts to prevent sleep-related deaths for babies.

NATIONAL BUSINESS

IberiaBank to Buy Teche Federal Bank

LAFAYETTE, La. (AP) — Lafayette-based IberiaBank Corp. will acquire New Iberia-based Teche Federal Bank under a stock deal valued at $161 million.

NATIONAL GOVERNMENT

Unemployment Bill Remains Stalled in Senate

WASHINGTON (AP) — Senate Republicans and Democrats squabbled in public while negotiating in private on Monday on stalled legislation to resurrect unemployment benefits for the long-term jobless.

Top Lawmakers Wrapping up Catchall Spending Bill

WASHINGTON (AP) — Top congressional negotiators raced to complete an agreement Monday on a bipartisan $1.1 trillion spending bill that would fund the operations of government through October and finally put to rest the bitter budget battles of last year.

Federal Government Runs December Surplus of $53.2 Billion

WASHINGTON (AP) — The U.S. government ran a $53.2 billion surplus in December, signaling further improvement in the nation's finances.

US Carbon Pollution Up 2 Percent in 2013

WASHINGTON (AP) — Energy-related carbon dioxide pollution grew by 2 percent last year after declining several years in a row, a government report said Monday. The increase was largely due to a small boost in coal consumption by the electric power industry, according to the study by the U.S. Energy Information Administration.

Court Could Limit President's Recess Appointments

WASHINGTON (AP) — Just back from their own long break, Supreme Court justices set out Monday to resolve a politically charged fight over when the Senate's absence gives the president the power to make temporary appointments to high-level positions without senators' approval.

HEALTH CARE

Health Care Signups: More Older Americans So Far

WASHINGTON (AP) — It's an older, costlier crowd that's signing up for health insurance under President Barack Obama's law.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 22 77 1,556
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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