» Subscribe Today!
More of what you want to know.
The Daily News

Forgot your password?
VOL. 131 | NO. 214 | Wednesday, October 26, 2016

Beale Authority Ends Talks With 21 Beale

The Beale Street Tourism Development Authority has ended contract talks with the 21 Beale group to manage the entertainment district. And the group voted Tuesday, Oct. 25, to continue the Downtown Memphis Commission’s interim management of the district indefinitely.

Q3 Review Shows Memphis Economy is Improving

Talk to local professionals with their finger on the pulse of the local economy – say, bankers, who are of course on the front lines to gauge things like consumer demand and borrowing ability – and the story they tell is of an economy on the move.

With MAA, TraVure Is Gateway To Germantown

The developer of Germantown’s mixed-use TraVure project is anxious to start work on the development’s centerpiece, a five-story Class A office building that now has an anchor tenant for most of the space – the headquarters of Memphis-based MAA, or Mid-America Apartment Communities Inc.

Momentum in Memphis Medical District Bringing More Banks

The past year has seen financial institutions like Iberiabank and BancorpSouth head to the Memphis Medical District to open new branches, a trend that picked up steam this week with yet another bank following suit.

FedEx Subsidiary Expanding With Memphis Health Care Facility


FedEx subsidiary Genco is opening a 1.1 million-square-foot multitenant warehouse for health care manufacturers in Memphis along with a similar facility in Ontario, Canada.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: Calm mph
Humidity: 75%


Houston Levee Community Center will open on Thursday, Oct. 27, with a ribbon cutting at 9 a.m. and a grand opening celebration from 4 p.m. to 7 p.m. at 1801 N. Houston Levee Road. HLCC will house a teen lounge, computer lab, games room, and community and multipurpose rooms. RSVP to 901-384-3885 or hlccmemphis@gmail.com.

more events »

Q3 Revenue, Net Income Rise at ServiceMaster

Memphis-based ServiceMaster Global Holdings reported Tuesday a 7 percent increase in revenue in its fiscal third quarter compared to a year ago. Net income was $70 million, or $0.51 per share, compared to $49 million, or $0.36 per share, a year ago.

Wolf River Access and Federal Grant Highlight Preservation Efforts

The road in Piperton near Albert Spillers Bridge on state Highway 196 is gravel and it is steep. But it is the way to a new boat access point onto the Wolf River that is formally dedicated Wednesday, Oct. 26.


Bama Best, Auburn on the Rise, and Houston a Mere Pretender

The first College Football Playoff rankings come out on Nov. 3, after Week 9. The final ranking is issued on Dec. 6. After eight weeks, we don’t know what the four-team playoff will look like, but we have a pretty good idea what it won’t look like.


Obaji Named New CEO Of McDonald Murrmann Clinic

Rola Obaji has been named CEO of McDonald Murrmann Women’s Clinic. Obaji, who has more than 20 years’ experience managing medical groups, comes to McDonald Murrman from Integrity Oncology, where she had served as CEO since 2009.


Have Plenty Of Questions To Ask

Sometimes, the devil really is in the details. This is especially true when it comes to the questions you ask when you’re looking for a job. Asking the wrong question, or not asking the right question, can get you into trouble when you least expect it. And it can be tricky to know when to ask which questions.

Self-Trust Boosts Integrity And Sales Performance

I’ve always contended that there are few business professions as challenging as a career in sales, so it’s not surprising that more than 45 percent of salespeople don’t meet their annual quota, according to a CSO Insights 2015 Sales Compensation and Performance Management Study. The reasons are varied and often involve sales discipline. In the sales world, discipline is often defined as setting an activity schedule and sticking to it.


Alzheimer’s Association Official: Support Hospice Education Bill

Nearly half of all people with Alzheimer’s and other dementias are in hospice care at the time of their death. Less than half of surveyed nursing homes have some sort of palliative care program. For people with advanced dementia, such care which focuses on managing and easing symptoms, reducing pain and stress, and increasing comfort improves quality of life, controls costs, and enhances patient and family satisfaction.


Can't Stop the Voting: Timberlake Casts Ballot in Memphis

MEMPHIS, Tenn. (AP) – Justin Timberlake flew from California to Tennessee in order to vote early, and state officials say that's great – but he shouldn't have taken a selfie at the ballot box.


Google Launches Home Delivery Service in Tennessee

NASHVILLE, Tenn. (AP) – Google has launched its home delivery service across Tennessee.

Nashville Chosen for Bloomberg Self-Driving Car Initiative

NASHVILLE, Tenn. (AP) – Bloomberg Philanthropies and the Aspen Institute are leading a year-long effort with Nashville and nine other cities around the world to accelerate their efforts to prepare for the arrival of self-driving cars.


Hutchinson Says He's Looking at Alternate Medical Pot Plan

LITTLE ROCK, Ark. (AP) – Arkansas Gov. Asa Hutchinson said Tuesday he's looking at an effort to legalize a limited form of marijuana for patients if two medical pot proposals fail in next month's election, but has questions about how the alternate proposal would comply with federal law.

Emmett Till Historic Sign Shot Full of Holes, Being Replaced

GLENDORA, Miss. (AP) – A center dedicated to the memory of slain black teen Emmett Till has raised over $20,000 to replace a bullet-riddled sign commemorating the 1955 Mississippi killing that helped propel the civil rights movement.


Target Plays Up Value for the Holiday Season

NEW YORK (AP) – From a Broadway-style marketing campaign to more exclusive toys, Target wants to lure shoppers during the final critical months of the year. More importantly, though, it needs to convince shoppers that it's the place for deals.

Sign-Up For Our Free Email Edition
Get the news first with our daily email

Blog News, Training & Events
PROPERTY SALES 113 171 16,741
MORTGAGES 130 208 21,287
BUILDING PERMITS 190 338 36,090
BANKRUPTCIES 57 121 12,518

Weekly Edition

Issues | About

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