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VOL. 130 | NO. 147 | Thursday, July 30, 2015

MAA Reports Surging Profits

Mid-America Apartment Communities Inc. reported a banner second quarter highlighted by surging profits.

Memphis Police Oversight Ordinance Back on Track After Wharton Backtracks

Two days after an aide in Memphis Mayor A C Wharton Jr.’s administration said the mayor was against any changes to the 1994 city ordinance governing a Civilian Law Enforcement Review Board, Wharton himself said he is for the proposed changes.

Family Room

GiVE 365 grant helping Dorothy Day House educate on homeless families

Family homelessness may be an extraordinarily difficult problem to solve, but in Sister Maureen Griner’s experience many homeless families are just regular folks.

Dr. J, a Luxury Car Dealer and a Swindle

The day before he pleaded guilty to fraud charges in Memphis federal court, Michael G. Brown got a phone call from Julius “Dr. J” Erving.

Wright Medical Reports Sales Growth, Quarterly Loss

Memphis-based medical device maker Wright Medical Group Inc.’s second-quarter report sent signals as similarly mixed as in the first quarter – a pickup in sales, yet red ink for the quarter overall.

Local Weather
Currently
Memphis, TN
53.0°F
Fair
Wind: Northeast at 10.4 mph
Humidity: 64%

EVENTS

Dance Scholars Inc. will host Field Trip performances Thursday and Friday, July 30-31, at Trinity United Methodist Church’s education center, 1738 Galloway Ave. The junior camp performance is Thursday from 11:30 a.m. to 12:30 p.m., and the senior camp performance is Friday from 4:30 p.m. to 5:30 p.m. Cost is $2 per child and free for adults. RSVP required; call 901-301-3262.

more events »

TCAP Scores: Math and Science Gains, Reading Scores Down in Memphis

They aren’t out of the state’s bottom 5 percent. But three Memphis schools where parents and teachers last year vocalized their opposition to Achievement School District control are off the potential takeover list.

Repair, Fence Ordered For Downtown Building

The owner of a long-vacant Downtown building that suffered a partial roof collapse last week following heavy rain must erect “appropriate” fencing around the structure, according to Shelby County Environmental Court Judge Larry Potter.

Sparks Fly at Cooper-Young Mayoral Forum

Memphis Mayor A C Wharton Jr. was the target of two Memphis City Council members challenging him during most of a Cooper-Young political forum Tuesday, July 28.

LYFE Kitchen, 5 Spot Seek Approval for New Signage

Two Downtown businesses, including the Chisca Hotel, are seeking approval from regulators for new external signs.

Online Mayoral Poll Opens

Consider this preparation for the real election.

International Paper Reports Second-Quarter Earnings Growth

International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

Wharton Maps Continuing Changes on Memphis Police Internal Investigations

A decisive change in the way Memphis police investigate themselves highlights a week of sudden changes on the broader issue from City Hall.

LOCAL COLUMNISTS

Spending Every Dime – Is It Feasible?

Ray’s Take In the good old days, when you retired you got a gold watch and a pension and didn’t worry about much else.

‘Franklin the Plagiarist’ Revisited

It’s been said that the Web is a Mecca for writers who are not good to start with and don’t know how to rewrite, revise and edit.

MEMPHIS AREA

Attorney Indicted on Charges of Murder-for-Hire of Wife

COLLIERVILLE, Tenn. (AP) — Authorities say a Collierville attorney has been indicted on charges he twice tried to hire a hitman to kill his wife.

REGIONAL

Memphis Steel Fabricator to Expand in Mississippi

HOUSTON, Miss. (AP) — Quality Iron Fabricators will invest $4.9 million to expand its Chickasaw County facility and hire 50 workers, bringing total employment to 70.

STATEWIDE

Sculpture to Celebrate Tennessee Women's Role in 19th Amendment

NASHVILLE, Tenn. (AP) — A new sculpture planned for the state Capitol complex will celebrate Tennessee women's role in passing the 19th Amendment.

Tenn. Democratic Party Head Wants Review of Jackson Role

NASHVILLE, Tenn. (AP) — The chairwoman of the Tennessee Democratic Party wants to begin a discussion about whether to keep naming an annual fundraiser after President Andrew Jackson.

Judge Throws Out Drunken Driving Charge Against Rep. Beck

NASHVILLE, Tenn. (AP) — A judge on Tuesday threw out a drunken driving case against freshman state Rep. Bill Beck on the basis that the police officer did not have reasonable suspicion to pull him over.

NATIONAL GOVERNMENT

Fed Holds Steady on Rates, Seeks Further Economic Gains

WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so.

REAL ESTATE

US Pending Home Sales Slip in June

WASHINGTON (AP) — The number of signed contracts to buy homes fell in June, as limited supplies of homes on the market are holding back possible sales growth.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 61 17,604
MORTGAGES 68 68 20,494
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 183 183 35,999
BANKRUPTCIES 38 38 11,720
BUSINESS LICENSES 28 28 5,588
UTILITY CONNECTIONS 92 92 12,126
MARRIAGE LICENSES 25 25 4,382

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