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VOL. 129 | NO. 122 | Tuesday, June 24, 2014

Building Permits Tumble 38 Percent in May

Homebuilding activity slowed in May compared to a year ago, with builders filing fewer permits and selling fewer new homes than the same month last year.

Professional Foodie

Memphis chef Jennifer Chandler spins multiple plates

Chef, writer and restaurant consultant Jennifer Chandler likes to say that, because of the career she’s chosen, she gets to play with food for a living.

Hopson's Contract Extended Through June 2018

Dorsey Hopson’s contract as Shelby County Schools superintendent runs through June of 2018 after the school board approved Monday, June 23, a two-year extension of the original three year employment contract with him.

Fire, Police Union Brass Say Lawsuit is Coming

The leaders of the Memphis police and fire unions say they will sue the city over changes in employee health insurance approved this month and are prepared to add pension changes to the litigation if the council approves those changes next month.

Chism Picnic Reflects Summer Campaign Tone

From the stage at County Commissioner Sidney Chism’s annual political picnic Saturday, June 21, you could almost see the Aug. 7 election day.

Local Weather
Currently
Memphis, TN
80.0°F
Mostly Cloudy
Wind: Southeast at 5.8 mph
Humidity: 85%

EVENTS

The Orpheum Theatre will present “The Book of Mormon” Tuesday, June 24, through Sunday, June 29, at the theater, 203 S. Main St. Visit orpheum-memphis.com.

more events »

Sheriff’s Race Reflects Different Law Enforcement Cultures

Bennie Cobb remembers how he got his first job in the local criminal justice system.

REAL ESTATE RECAP

Legacy Farm Owner Files $29.8 Million Loan

1120 Winchester Road, Collierville, TN 38017, Loan Amount: $29.8 million -
The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

LOCAL COLUMNISTS

Accountability and Trust: Keys to Partnership

Part two of a three-part series. Are you considering a private/public partnership to advance the work of your nonprofit? Learn from those who have already waded into the waters.

Calm Amidst the ‘Storm’

The S&P 500 continues to inch ever so closer to the 2,000 mark, while volatility measures remain historically low. Furthermore, there have been 43 consecutive days where the S&P 500 has registered a daily return mark within the -1 percent to +1 percent band.

STATEWIDE

Records Show Teacher Discipline on the Rise

CHATTANOOGA, Tenn. (AP) – The number of public school teachers facing disciplinary action in Tennessee is on the rise, and social media could be partly to blame.

NATIONAL BUSINESS

Ni Hao, Y'all: US Hinterlands Woo Chinese Firms

PINE HILL, Ala. (AP) – Burdened with Alabama's highest unemployment rate, long abandoned by textile mills and furniture plants, Wilcox County desperately needs jobs.

NATIONAL GOVERNMENT

Court Raises Bar for Securities Class Action Cases

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.

Justices Uphold Broad Use of Anti-Bank Fraud Law

WASHINGTON (AP) – The Supreme Court on Monday unanimously upheld the broad application of a federal anti-bank fraud law.

VA Challenged on Handling of Whistleblower Charges

WASHINGTON (AP) – A top federal investigator said Monday that the Department of Veterans Affairs is risking patients' health by not fully addressing whistleblower complaints about the quality of care. The VA's acting director responded by launching an agency review.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 73 391 11,120
MORTGAGES 88 481 13,903
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 198 969 24,034
BANKRUPTCIES 54 288 8,432
BUSINESS LICENSES 29 126 3,771
UTILITY CONNECTIONS 67 536 13,457
MARRIAGE LICENSES 17 103 3,031

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The Memphis News: Business, politics, and the public interest.