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VOL. 133 | NO. 1 | Monday, January 1, 2018

Strickland Touts 'Solidarity' Around Confederate Monuments Removal

Memphis Mayor Jim Strickland marked the halfway point in his four-year term of office Monday, Jan. 1, by calling on citizens to make use of the “spirit of solidarity” shown in the removal of the city’s two most visible Civil War monuments just before Christmas.

The Week Ahead: January 1-7

Brrrrrrrr! It’s been a while since the wind chill was below zero degrees in the Bluff City. Some events to kick off the new year that fortunately, are all inside. Happy New Year, Memphis!

City Puts Price of Convention Center Renovation at $175M

The renovation of the Memphis Cook Convention Center will cost $175 million and should be completed by the end of 2019, Memphis Mayor Jim Strickland announced Friday, Dec. 29.

Heritage Trail Historic Effort Get $45K Federal Grant

The National Park Service has approved a $45,000 federal grant to the city of Memphis for the continued development of the Memphis Heritage Trail area.

So Close ... Tigers Fall 21-20 in AutoZone Liberty Bowl

Iowa State Ties Bowl Record with Six QB Sacks

The last drive and the last hope ended with record-setting Memphis Tigers quarterback Riley Ferguson flinging a fourth-and-10 pass toward wideout Phil Mayhue on the sideline. They didn’t connect.

Local Weather
Currently
Memphis, TN
14.0°F
Partly Cloudy
Wind: from the Northwest at 13.8 gusting to 20.7 mph
Humidity: 64%

EVENTS

The Yard will recycle Christmas trees free of charge Thursday, Jan. 4, through Jan. 29 at its recycling and composting facility, 1735 Thomas Road. Hours are Mondays through Fridays from 7 a.m. to 5 p.m. and Saturdays from 7 a.m. to 2 p.m. If you mention Memphis Botanic Garden when dropping off a tree, The Yard will donate $5 to MBG. Call 901-833-9273 for details.

more events »

Startups and Artisans: EPIcenter caps a Busy 2017 Supporting Entrepreneurs

Memphis’ startup ecosystem and its small-scale makers and artisans community took another leap forward in 2017, with new programming, resources and support to help all of those entrepreneurs continue to thrive.

REAL ESTATE RECAP

Gibson Guitar Factory Property Fetches $14.1M, New Midtown Tiki Bar Opening Soon

145 Lt. George W Lee Ave. -
A warranty deed filed Dec. 27 with the Shelby County Register of Deeds shows that buyers paid $14.4 million for the Gibson Guitar Factory property in Downtown Memphis.

THE MEMPHIS NEWS

Worth the Wait

For long-suffering Memphis football fans, 2017 has been a 'dream season'

A true college football fan’s pain is personal because losing extracts a cost. Food doesn’t taste as good. Sleep doesn’t come as easily. The hurt goes to depths that not everyone can understand.

Editorial: Though Statues are Down, Work is Just Beginning

They may be the most famous pedestals in Memphis – the ones where the horseback image of Nathan Bedford Forrest stood for 113 years and the relatively slender pinnacle where Jefferson Davis stood for a mere 53 years.

This Week in Memphis History: December 29-January 4

2008: Memphis Mayor Willie Herenton tells the Memphis Kiwanis Club that he will again pursue the consolidation of city and county governments as he begins his fifth four-year term of office.

LAST WEEK'S MOST POPULAR

Recording Studio Owner Leaves Nashville for Memphis

A little more than a year ago, Scott McEwen had an epiphany that would end up bringing the Nashville recording studio owner to Memphis.

Palazzolo Says Germantown Multifamily Moratorium Result of Pent-Up Demand

When Germantown began exploring mixed-use development by opening up some commercial areas to residential development with commercial, the market responded quickly.

Frayser Bauhaus

Memphis architectural icon shows signs of life

Memphis' best and most unique example of art deco-international style Bauhaus architecture has been hiding in plain sight in Frayser for nearly 70 years.

Tiki Bar Joins List of New Memphis Restaurants

Memphis’ restaurant community will get a little bigger almost immediately in 2018, with a new tiki bar concept in Midtown courtesy of Hi-Tone owner Brian “Skinny” McCabe and restaurateur Jeff Johnson.

Attorney Wooten Joins Evans Petree as Shareholder

Attorney William Allen Wooten has joined Evans Petree PC as a shareholder, working in the firm’s Memphis office as well as its new location at the current Wooten Law Firm in Covington, Tennessee.

STATEWIDE

State: Timeline, Rate Hike Overstated in Federal Ash Cleanup

NASHVILLE, Tenn. (AP) – State environmental regulators say it shouldn't cost ratepayers more money or take as long as the nation's largest public utility has estimated to complete a massive, court-ordered coal ash cleanup at a Tennessee power plant.

Oak Ridge Lab Creates Microscopic Fidget Spinner Toy

OAK RIDGE, Tenn. (AP) – Kids across the world emptied their stockings Christmas morning to a host of treats and trinkets, undoubtedly including the newly popular fidget spinner: a simple gadget made of flat plastic spinning on a ball bearing.

2017: YEAR IN REVIEW

US Stocks Mount Milestone-Shattering Run in 2017

Taken a look at your stock portfolio lately? It's a good bet it's racked up solid gains for the year.

Final Goodbye: Roll Call of Some Who Died in 2017

They made music that inspired legions of fans. Rock 'n' roll founding fathers Chuck Berry and Fats Domino, rockers Tom Petty and Gregg Allman, grunge icon Chris Cornell, country superstar Glen Campbell and jazz great Al Jarreau were among the notable figures who died in 2017, leaving a void in virtually every genre of music.

In a Milestone Year, Gene Therapy Finds a Place in Medicine

After decades of hope and high promise, this was the year scientists really showed they could doctor DNA to successfully treat diseases. Gene therapies to treat cancer and even pull off the biblical-sounding feat of helping the blind to see were approved by U.S. regulators, establishing gene manipulation as a new mode of medicine.

NATIONAL BUSINESS

Trump Trains Crosshairs on Favorite Target, Again – Amazon

NEW YORK (AP) – President Donald Trump returned to a favorite target Friday, saying that Amazon.com should be charged more by the U.S. Postal Service for the packages it sends around the world.

LEGAL AFFAIRS

Some Lawsuits Can Proceed Over Cigarettes Touted As Natural

ALBUQUERQUE, N.M. (AP) – A U.S. judge in New Mexico has dismissed more than two dozen complaints against the maker of American Spirit cigarettes but is allowing others to move forward over a line of tobacco touted as natural.

PERSONAL FINANCE

Q&A: Using Government Policy to Guide Investment Choices

From the Republican-led federal tax reform package signed into law last week by President Donald Trump to his predecessor's sweeping overhaul of health care, government policies can often benefit some companies and hurt others.

Wrong Mutual Fund Can Rob Years of Retirement Income

You may not know it, but there's a class system inside your investment portfolio.

The Week Ahead: January 1-7

Brrrrrrrr! It’s been a while since the wind chill was below zero degrees in the Bluff City. Some events to kick off the new year that fortunately, are all inside. Happy New Year, Memphis!

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 800
MORTGAGES 0 0 952
FORECLOSURE NOTICES 0 0 95
BUILDING PERMITS 0 0 1,205
BANKRUPTCIES 24 36 527
BUSINESS LICENSES 0 74 240
UTILITY CONNECTIONS 0 0 337
MARRIAGE LICENSES 0 0 82

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