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VOL. 130 | NO. 84 | Thursday, April 30, 2015

Pyramid Promises

Bass Pro Shops’ grand opening fulfills vow made 25 years ago

It took about 25 years for an elevator ride to reach the top of The Pyramid.

Without Conley, Grizzlies Use Team Effort to Take Out Portland

Zach Randolph scored the first six points of the game – “throw it to the hand” being an immediate and excellent choice.

Pinnacle Financial of Nashville Acquires Magna Bank of Memphis

When it comes to their newly announced entry into Memphis via an acquisition of Magna Bank, the Nashville leadership of Pinnacle Financial Partners is already thinking big – on everything from workforce to services offered to the bank’s eventual size here.

Breathing New ‘Lyfe’ Into Existing Space

Construction is underway on Carlisle Corp.’s LYFE Kitchen in East Memphis and the restaurant should be dishing out its “fast, natural, chef-inspired” meals later this summer.

Project on South Front Moves Closer to Launch

Developers are inching closer to launching a mixed-use project on a strategic corner of South Front Street Downtown.

Local Weather
Currently
Memphis, TN
55.0°F
A Few Clouds
Wind: Northwest at 5.8 mph
Humidity: 26%

EVENTS

The Orpheum Theatre will host Bob Dylan and his band in concert Thursday, April 30, at 8 p.m. at The Orpheum, 203 S. Main St. Buy tickets at Orpheum-memphis.com.

more events »

Flinn Resigns Council Seat To Join Chamber

Memphis City Council member Shea Flinn has resigned effective immediately from the council seat he has held since 2007 to take a job with the Greater Memphis Chamber.

View From the Top

The third day of preview tours of Bass Pro Shops at The Pyramid took reporters to the top for the view and preparations for the restaurant and bar that will open in about a month.

Day to Day

Today’s ‘buzz’ is tomorrow’s ‘not enough’ for functioning alcoholics

For years, she was a “social drinker.” She could have two glasses of wine or the clichéd “a couple of beers,” and stop. No problem.

International Paper Reports ‘Solid’ First Quarter

International Paper Co. reported net earnings of $313 million for the first quarter of 2015.

Stringfellow Taking Memphis Back to the Basics

Alex Stringfellow believes it’s time for Memphis to get back to basics.

LOCAL COLUMNISTS

Multigenerational IRAs and Estate Planning

Ray's take: A multigenerational IRA is an individual retirement arrangement that works well not only to first-generation beneficiaries upon your death, but also to subsequent heirs who follow the original beneficiaries. These are also sometimes called a “stretch IRA.”

On Second Thought

“When is the law that is the law not the law? And vice versa.”

Browser Security Critical to Business

I recently received an information technology support request from an office of real estate folks, many of whom also hunt for hobby and client entertainment.

New State Chair Wants All-GOP Legislature

With more than six years of experience in the House of Representatives, Knoxville Republican Ryan Haynes is leaving the post to take on a new job: Tennessee Republican Party chairman.

Will Tennessee Republicans Ever Be Truly Happy?

Why aren’t Tennessee Republicans happier?

Students Not Giving Up on Tuition Equality

Tennessee students without citizenship say they’ll continue the battle for in-state tuition in 2016 after a measure to help them overcome the financial hurdle of out-of-state tuition barely failed on the House floor.

STATEWIDE

UAW Reports 55 Percent Membership at VW Plant in Tennessee

NASHVILLE, Tenn. (AP) – The United Auto Workers union has 816 members at the Volkswagen plant in Tennessee, or about 55 percent of the total blue collar work force, according the union's latest disclosure with the U.S. Department of Labor.

NATIONAL BUSINESS

US Economy Barely Grew in First Quarter

WASHINGTON (AP) – The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.

SEC Pushes for Display of Link Between Pay and Performance

WASHINGTON (AP) – Federal regulators have taken a step toward requiring public companies to show the relationship between the compensation of their top executives and the company's financial performance.

REAL ESTATE

Pending US Home Sales Increase in March

WASHINGTON (AP) – More Americans signed contracts to buy homes in March, the third straight month of gains as housing heats up with the start of the spring buying season.

HEALTH CARE

Report: Insurers Skirt Health Law's Protections for Women

CHICAGO (AP) – Some insurance plans offered on the health overhaul law's new marketplaces violate the law's requirements for women's health, according to a new report from a women's legal advocacy group.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 331 19,904
MORTGAGES 80 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 35 231 13,335
BUSINESS LICENSES 28 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 21 94 4,936

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