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VOL. 132 | NO. 83 | Wednesday, April 26, 2017

First Horizon CEO: Bank on Right Course

During a pause in remarks from its CEO, a familiar voice broke the silence in the auditorium of First Tennessee Bank’s Downtown headquarters Tuesday, April 25, during the annual meeting for shareholders of the bank’s parent company.

Panattoni Moving Forward With Phase Two of Industrial Park

Since it first broke ground in 2014, Panattoni Development Co.’s Gateway Global Logistics Center has delivered 4.4 million square feet of industrial facilities, $276 million in investment and almost 700 jobs to a formerly vacuous tract of land spanning the Tennessee-Mississippi border.

Strickland: City Already Funds Schools Many Ways

Memphis Mayor Jim Strickland says a coalition calling for city government to provide $10 million for local education through nonprofit groups has to take into account “a $50 million challenge” the city faces in its finances over the coming years.

RegionSmart Summit Seeks to Increase Economic Vitality in the Mid-South

More than 300 community leaders and officials will be on hand for the second annual RegionSmart Summit, which will be held Thursday, April 27, at the Halloran Centre for Performing Arts & Education.

Defunct Beale Authority Seeks Exit From Beale Street Bucks Lawsuit

Two weeks after the Memphis City Council voted to abolish the Beale Street Tourism Development Authority, the organization’s attorney has filed a motion to dismiss it from the complex federal lawsuit over the use of a cover charge with rebate coupons on summer weekend nights in the entertainment district.

Local Weather
Currently
Memphis, TN
80.0°F
A Few Clouds
Wind: from the South at 19.6 gusting to 23.0 mph
Humidity: 39%

EVENTS

SRVS and West Tennessee disability services providers will host an Employment and Community First services career fair Wednesday, April 26, from 9 a.m. to 2 p.m. in the Lipscomb & Pitts Building first-floor conference center, 2670 Union Ave. Staff will be conducting on-site interviews and hiring support staff and job coaches for ECF Services. Email kytrinia.miller@srvs.org for details.

more events »

TENNESSEE LEGISLATURE

Governor’s Supplemental Budget Includes More Transportation Funding

Senate Majority Leader Mark Norris calls the governor’s $125 million supplemental budget a “strong foundation” for completing work on the IMPROVE Act.

House Concurs on Gas Tax Senate Version, Sends to Haslam For Signature

  2:35pm

Wrapping up wide-ranging legislation that dominated the opening year of the 110th General Assembly, the House concurred Monday with the Senate’s IMPROVE Act, inserting a $7 million measure to increase property tax breaks for veterans.

Bill Approved to Open Officer-Involved Shooting Death Cases to the Public

  2:34pm

The House overwhelmingly approved legislation Monday, April 24, requiring records about officer-involved shooting deaths be open to the public.

Parkinson Calls for Elimination of Achievement School District

State Rep. Antonio Parkinson is renewing his call for an end to the Achievement School District amid revelations a charter school operator hired a convicted felon to run Lester Prep.

Tennessee Immigrant Students Lament In-State Tuition Defeat

NASHVILLE, Tenn. (AP) – Tennessee immigrant students have handed lawmakers paper tombstone cutouts that described their lost hopes and dreams to protest the defeat of a bill to grant them in-state college tuition.

Tennessee AG to Defend Abortion Bill if it Becomes Law

NASHVILLE, Tenn. (AP) – The Tennessee attorney general's office says it would defend an amended abortion bill in court if it becomes law, despite previously calling the legislation's key restrictions "constitutionally suspect."

SPORTS NOTEBOOK

Earnhardt Retiring; FESJC Lands Three Stars

Fourteen times NASCAR fans made Dale Earnhardt Jr. the sport’s most popular driver. Next season, they will have to find a new favorite. On Tuesday, April 25, Hendrick Motorsports issued a press release saying Earnhardt Jr. will retire as a driver at the end of the season. Junior, now 42, won 26 races since starting his career in 1999. Twice, he won the Daytona 500.

MEMPHIS NEWSMAKERS

Bohannon Joins Cumulus Media As Memphis Market Manager

Morgan Bohannon recently joined Cumulus Media as vice president/market manager for its four-station group in Memphis, which includes KIX 106, 98.1 The Max, 98.9 The Vibe and 103.5 WRBO. Bohannon comes to Cumulus from iHeartMedia-Memphis, where he most recently served as area president. He worked for iHeartMedia/Clear Channel Radio for more than 20 years in various capacities and markets.

LOCAL COLUMNISTS

Influencer Marketing To Dominate in 2017

I am part of Generation X – the last generation that ever scheduled their childhood evenings around when a beloved TV program was set to air. It was a time when television created celebrities that brands coveted as spokespeople to promote their products. Think of Michael Jordan for Nike, Suzanne Somers for the ThighMaster or Michael Jackson for Pepsi.

You Weren’t Picked – Now What?

Being overlooked for a job is the worst. It’s especially bad after you’ve had a series of interviews. You took off work (multiple times), bought a new suit and updated your resume. How could they reject you after all of that hard work?

NATIONAL BUSINESS

Cost Cuts at Coca-Cola Go Deeper, Including Jobs

ATLANTA (AP) – Coca-Cola's sales declined in the first quarter as it restructured its business, and the world's biggest beverage maker said it will cut 1,200 jobs starting later this year as it deepens its cost-cutting.

McDonald's US Sales Climb, Customer Traffic Still a Focus

NEW YORK (AP) – McDonald's says new Big Mac sizes helped boost a key sales figure in the U.S., but that it is still working on trying to attract more customers to its stores.

NATIONAL GOVERNMENT

Hardball Health Care Option May Cost Trump and Taxpayers

WASHINGTON (AP) – Counting down to a budget deadline, the White House has toyed with a hardball health care tactic to force Democrats to yield on President Donald Trump's priorities.

Official Estimate Could Upend Trump Tax Plan Before Release

WASHINGTON (AP) – A new congressional estimate could upend President Donald Trump's tax plan even before he releases it.

TECHNOLOGY

Google Targets 'Fake News,' Offensive Search Suggestions

SAN FRANCISCO (AP) – Google has sprinkled some new ingredients into its search engine in an effort to prevent bogus information and offensive suggestions from souring its results.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 158 6,263
MORTGAGES 92 166 7,468
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 218 395 13,704
BANKRUPTCIES 58 113 4,687
BUSINESS LICENSES 35 69 2,409
UTILITY CONNECTIONS 60 131 5,027
MARRIAGE LICENSES 20 54 1,514

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