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VOL. TMN-8 | NO. 22 | Saturday, May 23, 2015
Weekly Issue

Reality Change

Questions loom as Grizzlies enter offseason after fifth-straight playoff appearance

Roll those words from Marc Gasol over in your mind. Hold them up to the light so you can see them from every possible angle, so you can find hope, fear, inspiration, desperation and, last but not least, ambiguity and mystery.

Editorial: Grizzlies’ Impact Goes Beyond the Court

You used to hear it about Tigers basketball.

EMPHASIS Health Care

Cutting-Edge Creations

2015 ZeroTo510 Medical Device Accelerator now underway

Over a selection of beverages and light hors d’oeuvres at a recent gathering, a group of entrepreneurs and startup teams held court at the Memphis Bioworks Foundation for a networking session, introduced themselves to the community and got a general welcome to Memphis.

Future Methodist CEO Michael Ugwueke Fueled by Health Care Passion

Growing up in war-torn Nigeria helped Michael Ugwueke decide early on that health care would be his eventual profession.

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UTHSC Research Assistant Wins Alzheimer’s Study Grant

Sarah Neuner is interested in Alzheimer’s disease – including its causes and genes that influence a person’s likelihood of developing it – for both professional and personal reasons.

THE MEMPHIS NEWS ALMANAC

This week in Memphis history: May 22-28

2014: Morrissey plays The Orpheum.

Memphis Financial Startup Secures Seed Funding

Consumers are increasingly turning to technology and the convenience of smartphones to pay for goods and services or perform banking-related tasks.

School’s End

Schools close the book on one year, look forward to the next

When Catholic Bishop Terry Steib put on a hardhat a week ago to break ground on the Immaculate Conception Cathedral School’s new $4.2 million Cathedral Center, he had the attention of the school’s youngest students.

Stein World Finds New Home

Stein World has found a new home. The furniture distributor, which played a pivotal role in Cummins Inc.’s decision to expand locally, has inked a lease for 330,870 square feet at 5321 Shelby Drive.

Jackson Plea Preserves Controversy

There will be no retrial of Noura Jackson for the murder of her mother.

GoPro Film Festival Launching in Memphis

With the unique vantage point they offer, GoPro cameras are responsible for some of the more compelling viral videos that make their way around the Web. Mounted on skydivers, birds, pets and more, they let viewers see the world often in a way they never have before.

Farm Feast

Agricenter International’s lesson to young and old: Every good meal starts on a farm

The first elementary school students came to Agricenter International for some hands-on education more than a decade ago. About 80 students went on a literal field trip, walking through the cotton, soybean and cornfields.

FedEx Still Fighting Drug Conspiracy Charges

FedEx Corp. may have lost an important motion this week when a federal judge refused to dismiss the U.S. Justice Department’s charge that the Memphis-based delivery giant conspired with illegal online pharmacies to transport prescription drugs.

Memphis City Council Appointment Reflects Political Urgency

Attorney Alan Crone is the newest member of the Memphis City Council.

Cummins Will Stay, Expand in Memphis

Ending months of speculation, Cummins Inc. will remain – and expand – in Memphis, according to state and company officials.

Jobs First

Tennessee launches smartphone app to connect employers, job seekers

Mary Cox was outside the Tennessee Career Center on Walnut Grove Road near Midtown scouring job listings in the hopes she could find employment.

TruGreen Inches Closer to New Memphis Headquarters

TruGreen will move its 300 Memphis-area employees to a new corporate headquarters by the end of 2015, a move that will solidify the company’s spot in the Memphis business landscape.

Relevant Roasters Adds Subscription Service

For Jimmy Lewis and the rest of the crew at Relevant Roasters, a specialty wholesale coffee-roasting business in the Broad Avenue Arts District, selling coffee is about a lot more than, well, selling a cup of joe or bags of coffee beans.

Raising the Barre

Growth of dance collectives, companies allow art form to thrive in Memphis

Memphis has always been known for its rich musical history, but another performing art is whirling across the city: dance.

Oxn Retail Shop Prepares to Open in South Main

As part of his preparations for the new men’s clothing and lifestyle store he will soon open Downtown, Zac Woolfolk was captivated by the idea of auxin, a growth hormone in plants.

Corker Talks Crossing the Aisle and ‘Generational Theft’

The problem with Congress isn’t a lack of civility, says U.S. Sen. Bob Corker of Tennessee.

Trucking Industry Sees Record Revenues

The U.S. trucking industry generated $700.4 billion in 2014, topping $700 billion for the first time ever, according to industry figures.

Framing a Future

YouthBuild teaches construction skills to rebuild lives

When a mob of teenagers swept across a parking lot in Poplar Plaza a year ago and set off a difficult civic discussion about crime and race, one of those conversations was in an old fire station in Orange Mound.

Eden Square Breaks Ground in Memphis' Hickory Hill

Marina Cove apartments was known in its 1980s prime for its water features – a set of canals.

City Market Owners Prep for Two New Businesses

In a matter of weeks, the husband-and-wife entrepreneurial duo of Hamida and Sunny Mandani will go from owning and operating one business to running three.

Southbrook Tests Wharton Administration Shake-Up

It didn’t take very long for the city of Memphis’ new chief administrative officer to make a tough call.

Push For New Collierville High School Begins

This is not an election year in Collierville.

SPORTS

Jacob Wilson Climbs the Ladder From Bartlett High to Redbirds

He used to be one of them, another kid with pen in hand, leaning forward at the fence line at AutoZone Park and hoping against hope one of the Memphis Redbirds would come over and sign an autograph.

Memphis Grizzlies' Marc Gasol Earns Highest Career Honor

Marc Gasol is now in the same company as LeBron James and Stephen Curry.

This Grizzlies Era Will Stand the Test of Time

Tony Allen, you’ll be happy to know, plans to be in town for much of the summer. Which means there’s always the chance you might run into him at the Zoo, a Redbirds game, on Beale Street, at the mall, and at any of those places he might suddenly stop, make that first down signal, and repeat what is now legend:

Top 10 Recruiting Class Might Be Serrano’s Salvation

Senior right-handed pitcher Will Neely, who opened the TSSAA Class AAA state tournament this week with a no-hitter and a 2-0 win against Bartlett, was the driving force behind Hardin Valley Academy’s run to its first-ever state tournament appearance.

NEWSMAKERS

Sutton Joins Dixon Hughes Goodman

Giles Sutton recently joined Dixon Hughes Goodman LLP as a partner in the firm’s tax practice, where he will focus on issues pertaining to state and local tax.

SMALL BUSINESS

Proveaux’s Fuel Cafe Brand Covers Multiple Platforms

When Erik Proveaux opened Fuel Café, it was because he wanted to set up roots after traveling the country for years doing film production catering. Five years later those roots have spread, and now he operates a multimodal brand that covers the restaurant, catering, food truck and small-batch production industries.

LOCAL COLUMNISTS

Time to Produce

MEMPHIS: THE SEQUEL. “People who make movies – people like Francis Ford Coppola and Milos Forman and Sydney Pollack, and our own Craig Brewer and Willy Bearden – and people like me who write and produce TV spots and videos all have something in common. We know just how damn good Memphis looks through a lens, we know how deep the local talent pool is for actors and crew, we know how wide the choice is for great locations.

Death to Reply-All

In the past two decades, the way we communicate has completely changed. Twenty years ago, email was somewhat of a novelty. Today, it’s a necessity.

How Deflation Impacts Your Portfolio

Ray’s take: Last month, we talked about inflation and how it can impact financial planning. This month, we’re taking a look at inflation’s opposite – deflation – and how that can impact your planning.

Schumer's '12 Angry Men' Satire Stings

A recent episode of “Inside Amy Schumer” parodies the 1957 Sidney Lumet movie “12 Angry Men.” A “jury” of dudes deliberate whether Schumer is “hot enough” to be on TV. Jeff Goldblum, John Hawkes, Paul Giamatti, Nick DiPaolo and Kumail Nanjiani are spot-on with their mimicry of the original actors from the movie – Henry Fonda, Ed Begely, Lee J. Cobb and others.

Will More Money, Reviews Improve on Common Core?

Is it Kabuki theater or a transformative process?

A Business-Altering Essential: Repeatable Sales Process

The old adage, “nothing happens until a sale is made,” couldn’t be truer. And for many a start-up, identifying a predictable, repeatable sales process that ensures needed sales targets are always met, can seem like the Holy Grail – enticing but ever illusive.

Should Investors 'Sell in May and Go Away'?

Prior to the summer of 2011, if you were a follower of the Memphis Grizzlies, you could forget about the team by the end of April. When the April calendar turned to May, the Grizz faithful moved on to vacations, baseball and fireworks. Once November came around, the interest returned for the next 6 months, only for the cycle to begin again the next April.

Your Fantasy Fundraiser

Tired of hearing about fundraising challenges? Maybe it’s time to hire your fantasy fundraiser!

Five Ways to Save Money on Summer Travel

Memorial Day signals the start of the summer travel season, when an estimated 37.2 million Americans will travel over the weekend. The 16-week summer travel season from Memorial Day to Labor Day sees Americans make some 650 million trips.

The Real Benefit of Design Thinking

Many days I catch myself uttering “thank you” to the universe, which the mystic Meister Eckhart claims is a prayer sufficient enough to carry an individual through an entire life.

Still Finding Joy After 75 Years

He does not claim to be courageous, yet lives by the strength within, confronting fear, uncertainty and intimidation. He does not see himself as humble, yet deflects every question about him with a story about the inspirational deeds of others. He does not admit to being a visionary, yet continues to see things as they should be and works to make them a reality. He is a man for all seasons, and a Christian Brother for life.

TENNESSEE LEDGER
Nashville Edition

What’s Next?

Has college really prepared graduates for jobs?

When Steven Baldwin started his freshman year at Austin Peay State University in 2012, he had a smart, carefully considered plan for his future.

What Grads Must Do to Secure Employment

Career counselors at many Tennessee colleges and universities say interest from corporate recruiters is higher than they’ve seen it in years.

Daisy King Still Serving Tearoom Favorites

Like a proper Southern hostess, Daisy King of Miss Daisy’s Tearoom had trouble turning on the “closed” sign. If guests wanted to snag a table after hours, she couldn’t help but oblige.

Don’t Let Foundation Issues Scare You Away

The act of getting a home under contract in our current residential real estate market environment is considered by most buyers as a significant achievement.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 437 6,772
MORTGAGES 122 557 9,280
FORECLOSURE NOTICES 25 129 1,990
BUILDING PERMITS 236 716 15,738
BANKRUPTCIES 56 309 6,059
BUSINESS LICENSES 17 104 2,598
UTILITY CONNECTIONS 76 499 8,469
MARRIAGE LICENSES 31 138 1,997

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