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VOL. 130 | NO. 204 | Tuesday, October 20, 2015

FedEx, TNT Merger Still on Track

All proper approvals are in place for FedEx Corp. to acquire Dutch delivery company TNT Express NV with the $4.8 billion offer expected to close in the first half of 2016.

FedEx Pilots Ratify Contract

The pilots of FedEx Express have reached a new contract agreement with management of the Memphis-based shipping company.

New Daisy Padlocked by Tennessee Revenue Department

Less than a week after its grand reopening, the New Daisy Theatre is currently padlocked with a notice on the front door announcing that it’s been seized for nonpayment of state taxes.

EDGE Still Explaining Itself To Memphis, Shelby County Elected Leaders

Four years into its existence, Reid Dulberger is still explaining the basics of a group created by Memphis Mayor A C Wharton and Shelby County Mayor Mark Luttrell to streamline local economic development efforts.

MIFA Takes Over Memphis’ Homeless Hotline, Will Staff 24/7

If there was any doubt that the city’s homeless hotline for families with children needed to be manned 24/7, that question was erased in the first two weeks the hotline was operated by the Metropolitan Inter-Faith Association.

Local Weather
Currently
Memphis, TN
80.0°F
A Few Clouds
Wind: Calm mph
Humidity: 85%

EVENTS

Cannon Wright Blount will present “Getting Started With QuickBooks: Learn From the Experts” on Tuesday, Oct. 20, from 9 a.m. to 11 a.m. at its offices, 756 Ridge Lake Blvd., suite 100. The class will cover new company setup, entering/paying bills and more. Cost is $100. Register at cannonwrightblount.com/resources or 901-685-7500.

more events »

Renovation of The Palace on Beale Begins

There were some last-minute fixes to the Big Star Room before it was ready for the public to see. And a crowd gathered Friday, Oct. 16, on Beale Street below as Steve Adelman was giving directions inside the New Daisy Theatre.

Quire Launches Predictive Analytics Technology

Brad Silver’s Memphis-based technology company Quire has launched next-generation software capable of helping health care providers make better decisions about how and where to direct their limited resources.

Serving Notice: Memphis Football a National Story Now

They were down 14-0 not six minutes into the game. And they had given up a 68-yard touchdown on a trick play when star Ole Miss receiver Laquon Treadwell threw a pass.

Timberlake Remarks Show Generational Change in Music Heritage

Memphis music heritage, and the remembrance of it, turned an important corner Saturday, Oct. 17, when Justin Timberlake walked on stage at the Cannon Center for the Performing Arts.

Memphis City Council to Talk ‘Rooney Rule’ For Minority Contracts

Memphis City Council member Edmund Ford Jr. wants to bring the NFL’s “Rooney Rule” to City Hall’s approach to minority business contracting.

GOVERNMENT AGENDA

October 20 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Sept. 15, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Boyle Buys Vining Sparks HQ For $16.3M

776 Ridge Lake Boulevard, Memphis, TN 38120 -
Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

LOCAL COLUMNISTS

Stand Beside Her

Stand Beside Her is an example of a powerful new advocacy campaign. Launched by Girl Scouts Heart of the South in 2014, the campaign is now a weeklong national event. It focuses women on supporting each other, and most importantly on changing the culture that girls grow up in. It’s a bold move to reduce comparisons and competition amongst women. The goal: changing our culture so every girl and woman can reach her fullest potential.

STATE GOVERNMENT

Haslam Raises Questions About 'Religious Doctrine' Bill

NASHVILLE, Tenn. (AP) – Gov. Bill Haslam is raising questions about a legislative proposal to ban Tennessee schools from teaching about "religious doctrine" before the 10th grade, saying it could have unexpected consequences.

Haslam Report to Bond-Rating Agencies Mentions Outsourcing

NASHVILLE, Tenn. (AP) — While Gov. Bill Haslam says he has not decided whether to outsource management of more state-owned buildings, a document used earlier this month in presentations to New York bond-rating agencies says he's eyeing that possibility.

REAL ESTATE

US Homebuilder Sentiment Improves in October

U.S. homebuilders are feeling more optimistic about the housing market, lifting their confidence this month to the highest level in 10 years.

TECHNOLOGY

Crackdown: Amazon Sues to Stop Phony Product Reviews

NEW YORK (AP) — Amazon is stepping up its fight against bogus product reviews on its site, suing more than 1,000 people for allegedly offering to post glowing write-ups for as little as $5 apiece.

NATIONAL GOVERNMENT

Health Law Fine on The Uninsured Will More than Double

WASHINGTON (AP) — The math is harsh: The federal penalty for having no health insurance is set to jump to $695, and the Obama administration is being urged to highlight that cold fact in its new pitch for health law sign-ups.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 95 460 14,043
MORTGAGES 101 520 16,304
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 198 1,098 29,161
BANKRUPTCIES 48 285 9,323
BUSINESS LICENSES 26 123 4,603
UTILITY CONNECTIONS 45 277 10,236
MARRIAGE LICENSES 18 96 3,352

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