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VOL. TMN-7 | NO. 44 | Saturday, October 25, 2014
Weekly Issue

Alexander vs. Ball

The changing political ground beneath Tennessee’s Senate race

Lamar Alexander and Gordon Ball were on the same campaign trail but different races at about this time 36 years ago.

Editorial: Senate Race Shows Landscape is Changing

What the race on the November ballot for the U.S. Senate says about our current political environment goes beyond whatever the results will be.

THE MEMPHIS NEWS ALMANAC

This week in Memphis history: October 24-30

2009: Former Memphis Mayor Willie Herenton said he had received a “target” letter from federal prosecutors indicating he was the target of a federal investigation into an option he had on the land where the Greyhound bus terminal then stood. Ultimately the investigation went nowhere.

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EVENTS

RiverArtsFest 2014 will be held Friday, Oct. 24, through Sunday, Oct. 26, in the South Main Historic Arts District. The festival will feature a juried artist market, 50 musical acts, food courts, interactive art stations and more. Admission is free on Friday and $5 on Saturday and Sunday. Visit riverartsmemphis.org for hours and more information.

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SPORTS

Athletes Can Be Fans, Too

You suffer as a sports fan? You’d be surprised who understands. Former Grizzlies sharpshooter Mike Miller, now back with LeBron James in Cleveland, understands.

Grizzlies Find Respect Hard to Come By

Perhaps it was a just coincidence. On the day that the results of the annual NBA General Managers’ survey were announced, ESPN was in Memphis for its only scheduled visit of the season.

On Stage

Fertile 30-year period of concerts unlikely to be matched again

With a box of old ticket stubs, some photographs he took at the concerts he went to and newspaper ads for concerts he came across on microfilm searches for other things, Ron Hall set out to document as many of the major rock and roll and rock concerts in Memphis he could over a fertile 30-year period.

Willow Lake Sales Positive News For The Market

The sale this week of five properties inside Willow Lake Business Park and Corporate Park for $4.2 million was welcome news for several reasons.

Spirited Revival

Premium liquor production to transform Downtown warehouse

One of the oldest and most prominent names in Memphis business is in the midst of transforming a Downtown warehouse, reviving a premium liquor brand that disappeared with Prohibition and restoring its prominent role in the community.

Frontier Adds Flights to Memphis

Frontier Airlines is adjusting its schedule at Memphis International Airport by adding six weekly flights between Memphis and Dallas/Fort Worth International Airport and seasonally suspending service to Washington-Dulles Airport.

Pension Reform Decision Back At Square One

It happened in the shadow of a change in the pension reform proposal Memphis Mayor A C Wharton Jr. had backed all through the summer and two of three council votes.

Palazzolo, Brogdon Talk 3 Gs in Germantown Debate

The two candidates for mayor of Germantown offered different views about where the city is and future goals Tuesday, Oct. 21, before an overflow crowd at the Germantown Municipal Center.

Sullivan Branding Wraps Image Update

Advertising and marketing agencies are in the business of advising clients, sharing their expertise to help craft campaigns, images, brands and anything else the client might want to hire an outside expert to help craft.

London Pipeline

UK opening of ‘Memphis’ could mean more visitors for Bluff City

In the background stands the Palace of Westminster. Or the House of Lords and the House of Commons, if you prefer. In the foreground, a London taxi bears the word “Memphis” in big white letters across a door, the “I” replaced by a red guitar.

Wine Sales Debate Enters Stretch Run

Josh Hammond, the president of Buster’s Liquor and Wines, sums up the position he has to overcome in a word – convenience.

New Tech Group Formed to Expand Community

This year’s TechCamp Memphis event, which happens Nov. 1, will represent more than just a one-day conference for design, development and marketing professionals in the Memphis area.

Incentive Applications Lag Previous Years

Until a spate of activity this month, Memphis and Shelby County were on pace to tie a record-low for the number of payment-in-lieu-of-taxes agreements granted to companies in a year.

Expanding Opportunities

Central Library preparing to open new teen learning lab space

The popular image of a library may be one of a dowdy old institution that loans out books and demands hushed voices from its patrons. But because of where the library system in Memphis is headed, though, that notion is – no pun intended – overdue for a rethink.

Local Ebola Response Relies On Experience

Five years ago this month, there was a triage tent on the grounds of Le Bonheur Children’s Hospital and Memphis was a hot spot for the H1N1 flu pandemic.

Turner, Chism Survey New County Commission

Shelby County Commissioners Van Turner and George Chism belong to different political parties. Turner is a Democrat and Chism is a Republican.

First Horizon Reports Positive Third Quarter

The parent company of First Tennessee Bank moved back to profitable territory for the third quarter from a loss during the same period in 2013, reporting net income of $45 million, or 19 cents a share, for the period ending Sept. 30.

Experts to Provide Commercial Real Estate Outlook at Seminar

Yes, Overton Square is booming, but that may not have been the case without Memphis-based Loeb Properties Inc.

Business Licenses Up 13.2 Percent Year to Date

Year to date, business licenses are ahead of 2013’s pace but there were fewer licenses issued through the Shelby County Clerk’s Office in the third quarter of 2014 than from the same period in 2013.

Carr Appointed to Chancery Court Vacancy

Attorney Oscar C. Carr III is the newest Shelby County Chancery Court judge. Tennessee Gov. Bill Haslam announced Thursday, Oct. 16, his appointment of Carr to the vacancy on the court created when Chancellor Kenny Armstrong was appointed to the Tennessee Court of Appeals earlier this year.

Bankruptcies Top 3,000 After Second-Quarter Dip

After a second quarter in which bankruptcy filings dipped below 3,000 for the first time since 2011, the total number of filings for the Memphis area rose slightly above 3,000.

NEWSMAKERS

Minyard Joins Barge Waggoner

Tom Minyard, a 31-year veteran of the U.S. Army Corps of Engineers, has joined Barge, Waggoner, Sumner and Cannon Inc. as the civil works program manager. In his new role, Minyard’s responsibilities include the advancement of the firm’s strategic direction as it relates to its civil works program for local, state and federal governments. His areas of technical interest include flood risk reduction, navigation, ecosystem restoration and emergency response.

REAL ESTATE RECAP

Sprouts Farmers Market Applies for Building Permit

3150 Village Shops Drive, Germantown, TN 38138 -
Sprouts Farmers Market is moving ahead with developing its new Germantown grocery store.

SMALL BUSINESS

Midtown Music Shop Works to Spread ‘Aural Art Form’

A little over a year ago Jeremy Barzizza went from being in the music business to being the owner of a music business.

LOCAL COLUMNISTS

Let’s Make Sure It Fits

A couple of guys I know have been renting tuxes around here for 50 years. The first guy, Guy Miller, was a photographer with a studio on Cleveland where Saigon Le is today. He started renting tuxes there as a sideline in 1965 and then hung up his camera and went formal full-time.

Timing Is Everything

Timing is everything; at least, it can be. Whether it’s in life, relationships, or job seeking, timing can strongly influence the outcome of a situation.

A Gift That Can Give For A Lifetime

Ray’s Take Every so often, a client calls and asks if I would spend some time with their son or daughter to help them get off on the right foot financially. When they look back on their own early choices, they can see how much a few right decisions, and the avoidance of a few poor ones, would have been worth.

Finding Many Uses for ‘Beat’

What do a dead horse and a hasty retreat have in common? Same thing that around the bush has in common with a path to your door. They all become in-the-language phrases when the word beat is placed in front of them.

Avoid These Perils Of Unintentional Salespeople

If you are an owner or manager, odds are you are in sales to some degree – whether intentionally or not.

Presenting Mid-October Economic Snapshot

The heightened volatility month of October continued last week. On Wednesday alone, the Dow Jones Industrial Average moved nearly 460 points from its high point in the day to its low point (before closing in between). Granted, a 400-point move from a 16,000 altitude translates into much milder percentage moves when compared to a similar move off of a lower base, but with the number on CNBC constantly, it gives investors pause.

Hidden Fundraising Challenges

You can’t see what you can’t see. There may be some challenges facing your nonprofit that you’re not aware of. They are insidious and sometimes deadly. Taking a close look at “what’s really going on” may refocus your energy and resources, and rescue your fundraising.

Las Vegas Without Gambling

Who in his right mind spends four days in Las Vegas, without kids to slow down things, and doesn’t sit at a table game even once to play a hand?

Midnight Lunch: Innovation Insights

Sarah Miller Caldicott, the grandniece of Edison and CEO of Power Patterns of Innovation, presents “Midnight Lunch: Building an Innovator’s Toolkit for Success.”

Ghost Dancing for the Past

Ghost Dancing originated in the late 1880’s. It was a ceremonial religious dance practiced by several tribes of Native Americans who believed that the Ghost Dance would bring back their way of life, resurrect their customs and their culture.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 33 91 3,886
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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