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VOL. 131 | NO. 108 | Tuesday, May 31, 2016

Greensward Protests See First Arrests

Two protestors blocking cars from parking on the Overton Park Greensward were arrested Monday, May 30.

Downtown Memphis Commission Taking Safety Actions

At its May 26 board meeting, discussions at the Downtown Memphis Commission dove into the death of a teenager who was shot at the corner of Second Street and Peabody Place.

EMPHASIS Public Companies

Available Class-A Office Space Scarce in Memphis

ServiceMaster is looking to relocate its headquarters into a Class A office building, and Memphis just doesn’t have room.

Last Word: Downtown Crime Discussions, Greensward Arrests and Lead Pipes

An after-midnight stampede on Beale Street a week after one person was killed and two other people were wounded in a random shooting a block north of the entertainment district.

Local Weather
Currently
Memphis, TN
76.0°F
Overcast
Wind: Calm mph
Humidity: 77%

EVENTS

Memphis Botanic Garden will host its “O Canada!” themed Vine to Wine tasting on Tuesday, May 31, from 6 p.m. to 8 p.m. at MBG, 750 Cherry Road. Each event features eight wines, beers or cocktails and light hors d’oeuvres. Tickets are $30 for members and $45 for nonmembers. Visit memphisbotanicgarden.com.

more events »

Analysis: Competition Intensifying, But FedEx Still Protected for Now

The package shipment startup where Matthew Hertz works as director of operations is perfectly tailored to the digital age.

Snapshot: How Memphis-Based Public Companies are Faring

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

First-Quarter Results Show Fred’s on Rebound

Especially for a company like Memphis-based discount retailer Fred’s Inc., quarterly earnings results are about more than the numbers.

SPORTS

Fiz & Grizz Look Like Good Fit, But New Coach Will Need Players

When the Memphis Grizzlies fired Dave Joerger after three seasons, the public reaction from players was, well, non-existent.

SMALL BUSINESS SPOTLIGHT

Baker Family Keeps Owen Brennan’s Going

If you show up on a Sunday for Owen Brennan’s famous brunch, owner Jim Baker will be there to greet you, to say your name and smile at the thought of another round of mimosas being ordered.

LOCAL COLUMNISTS

Tethering the Void to Moonshot Ideas

This talk was given by Donna Sturgess, executive in residence, Carnegie Mellon University, at the annual Front End of Innovation Conference in Boston this month.

How to Be a Confident Nonprofit Solicitor

Editor’s note: Part two of a two-part series. Personally asking someone to make a gift to a nonprofit you believe in is one of the most valuable things you can do. For some this is done with comfort, ease and joy. For others there is a twinge of fear, or maybe a silent scream of terror.

Making the Most of Instagram for Business

They say a picture is worth a thousand words, and Instagram is proving its worth for businesses of all sizes and industries with this premise. With more than 400 million users, Instagram offers opportunities for businesses to reach targeted audiences in compelling, creative ways.

EDUCATION

Education Department Replaces Career College Chain Monitor

WASHINGTON (AP) – The Education Department has appointed a new lawyer to oversee the turnaround of schools once owned by Corinthian Colleges Inc., following an Associated Press review that found trouble at the schools and questioned the previous monitor's independence.

HEALTH

Cellphone Radiation Study Raises Concerns Despite Low Risk

WASHINGTON (AP) – A new federal study of the potential dangers of cellphone radiation, conducted in rats, found a slight increase in brain tumors in males and raised long-dormant concerns about the safety of spending so much time with cellphones glued to our ears.

CONSUMER NEWS

US Consumer Sentiment Up in May to Highest in Nearly a Year

WASHINGTON (AP) – Americans turned more optimistic about the economy in May than the previous month, buoyed by steady hiring and higher incomes.

FINANCIAL

Fast Money: Banks Making It Easier to Split the Tab

NEW YORK (AP) – Splitting the bill for those pizzas you shared with your buddies or that utility bill that is suddenly due is going to get easier and faster even if you don't all use the same bank.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 78 7,750
MORTGAGES 0 100 9,764
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 138 138 17,274
BANKRUPTCIES 2 51 6,316
BUSINESS LICENSES 0 27 2,865
UTILITY CONNECTIONS 147 147 9,271
MARRIAGE LICENSES 0 42 2,145

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