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VOL. 131 | NO. 100 | Thursday, May 19, 2016

Grant Touts Ghost River Brewing as Neighborhood Asset

The Center City Development Corp. has awarded its largest storefront improvement grant to date to Ghost River Brewing Co., which plans to use the $65,500 to building an outside patio and taproom at its 827 S. Main St. facility.

Overton Mediation Looks at Reality Of North Parkway On-Street Parking

Where shuttle buses will drop off those bound for Overton Park and the Memphis Zoo in particular, as well as the public’s reaction to newly created on-street parking on North Parkway are issues being discussed in mediation to resolve the park’s Greensward controversy.

Court Appoints Receiver for Warren, Tulane Apartments

The Tulane and Warren apartments are under the control of a court-appointed receiver.

Latest 'High Gear' Book Maps Success for College Grads, Millennials

The 21 million U.S. students enrolled in postsecondary schools grew up with technology and the hourly clock of life ticking ever faster. Yet this has not always translated into a generation of young people ready to attack a world that waits for no one.

Last Word: $4.8 Billion of TNT, North Parkway Complications and Graceland West

FedEx sets a date next week for its acquisition of TNT Express – a $4.8 billion deal that was approved by TNT shareholders Wednesday.

Local Weather
Currently
Memphis, TN
90.0°F
A Few Clouds
Wind: Northwest at 4.6 mph
Humidity: 45%

EVENTS

Shelby County Commissioner Van Turner will host a community town hall meeting Thursday, May 19, at 6 p.m. at Anointed Temple of Praise, 3939 Riverdale Road. The focus is the county government’s upcoming FY2017 budget proposal.

more events »

FedEx Acquisition of TNT Express to Close May 25

FedEx Corp.’s $4.8 billion takeover of Dutch shipping company TNT Express will close May 25.

City Sells Old Police Building to NCE Realty

The company that had the only bid Tuesday, May 17, on the old Central Police Building at 128 Adams Avenue still has to close on the deal with the city of Memphis.

REAL ESTATE RECAP

Poplar Place Apartments Sell for $15.3 Million

1669 Randolph Place, Memphis, TN 38120 -
The 220-unit Poplar Place apartments in East Memphis have sold for $15.3 million, or $69,409 per unit.

LOCAL COLUMNISTS

Ifs, Etc.

A wordier version of this column ran in 2008. That would have been shortly after the Arkansas Democrat-Gazette ran a certain editorial. In which it asserted that to say there are “no ifs, ands or buts” is wrong. The correct phrase, it averred, is “no ifs, ans or buts.”

Outsourcing Savings Estimates Strain ‘Credulity’

Terry Cowles flashes a photo of ceiling lamp fixtures on the screen and tells state legislators a vendor’s state Capitol team used its electrical training to remove, repair and reinstall fixtures, saving taxpayers $15,500.

Late Flights Cause Airport Drama

The turbulence is real as we slowly descend into Providence, Rhode Island.

STATEWIDE

Longtime Tennessee Congressman Diagnosed With Cancer

KNOXVILLE, Tenn. (AP) – Longtime U.S. Rep. John J. Duncan Jr. says he's been diagnosed with prostate cancer.

Congressional Candidate Linked With Growing Marijuana

CROSSVILLE, Tenn. (AP) – An eastern Tennessee Democrat Congressional candidate has been linked with a marijuana growing operation.

NATIONAL BUSINESS

Raymond James Fined $17M for Anti-Money Laundering Lapses

WASHINGTON (AP) – Industry regulators have fined Raymond James $17 million, accusing the financial services firm of widespread failures in its controls against money laundering.

More Work, More Pay? New Rule Extends Overtime to Millions

WASHINGTON (AP) – More pay could become a reality for millions of U.S. workers who now toil long hours without overtime under a new rule issued Wednesday by the Obama administration.

Say Goodbye to Time Warner Cable: Sale Leads to Name Change

NEW YORK (AP) – Soon you'll have a new cable company to hate. It'll take some practice, but in time you'll get used to swearing at Spectrum.

ECONOMY

Poll: Americans More Upbeat About Own Finances Than Economy

WASHINGTON (AP) – Americans are of two minds about the economy in the midst of an elec-tion race that largely hinges on the issue. They are strikingly pessimistic about the national econ-omy yet comparatively upbeat about their own financial circumstances.

TECHNOLOGY

New Google Products, Services Take Aim at Its Biggest Rivals

MOUNTAIN VIEW, Calif. (AP) – From virtual reality to a new smart-home speaker, Google is showing off just how pervasive it has become even as it's squeezed by its biggest competitors – Facebook, Apple and Amazon.

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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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