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VOL. 133 | NO. 13 | Wednesday, January 17, 2018

Lafayette's Music Room Announces Overton Square Expansion

Loeb Properties, Inc. has announced that popular Midtown music venue, Lafayette's Music Room will expand its operations into 2121 Madison Ave.

MLK’s Influence

Hardaway, other basketball greats honored for civil rights advances

Penny Hardaway was born in Memphis on July 18, 1971, or more than three years after Dr. Martin Luther King Jr. was assassinated on the balcony of the Lorraine Motel.

Nomination Deadline For Dunavant Awards Feb. 1

Memphis is lucky to have an abundance of residents with a passion for public service and it is time once again to honor their commitment to improving this community.

Norris Acknowledges Stall in Federal Judicial Nomination

State Senate Majority Leader Mark Norris of Collierville says he will continue with his legislative duties unless or until the U.S. Senate confirms his appointment to the federal judiciary.

FedEx Realigns Specialty Companies Under Trade Networks

FedEx Corp. has announced that effective March 1, the company will realign its specialty logistics and e-commerce solutions under FedEx Trade Networks Inc. and FTN CEO Richard W. Smith.

Local Weather
Currently
Memphis, TN
80.0°F
Partly Cloudy
Wind: Northeast at 8.1 mph
Humidity: 62%

EVENTS

Talk Shoppe will meet Wednesday, Jan. 17, from 9 a.m. to 10 a.m. at Pinot’s Palette, 8225 Dexter Road, suite 103. Jeff Armour of Armour’s Home Inspections LLC will present “What You Need to Know About Home Inspections.” Cost is free. Visit talkshoppe.com.

more events »

Last Word: Second Snow Day, The Post-King Generation and Cohen's Cadillac

A second snow day awaits Wednesday on this short week for many but not all of us. And there is some grumbling about the approach to treating roads off the main thoroughfares that may, in this city where a cut-through detour is a real thing and the reason for speed humps, still see a lot of traffic.

Christ Community Health Services Expanding Broad Ave. Clinic

Christ Community Health Services has received a $1 million federal capital grant to expand and renovate its Broad Avenue Health Center, at 2861 Broad Ave., a project that includes a 2,480-square-foot addition and renovation of the existing 8,000 square foot facility.

Winter Weather Hits Lifeblood Donations

One of the less obvious consequences of the winter weather that has hit Memphis in recent days is that donations to Lifeblood, the area’s blood service provider, have also taken a hit.

Lender Reclaims 100 North Main at Auction

More than a year after Memphis’ tallest building went into foreclosure, 100 North Main has been reclaimed by the lender. THM Memphis Acquisitions LLC effectively bought the 37-story office tower at a foreclosure auction on the courthouse steps after the property failed to receive any bids.

MEMPHIS NEWSMAKERS

Orpheum CEO Batterson Honored For Excellence in Performing Arts

Brett Batterson, president and CEO of the Orpheum Theatre Group, has been named the North American Performing Arts Managers and Agents’ 2017 Presenter of the Year. The award honors individuals in the performing arts field for their excellence in exemplifying mentoring; setting an example of best practices, achievement and leadership in their discipline; and cultivating diversity, practicing inclusion, and creating equity for underserved members of the community.

Trump Administration Appeals Ruling on Young Immigrants

SAN FRANCISCO (AP) – The Trump administration on Tuesday appealed a judge's ruling tem-porarily blocking its decision to end protections for hundreds of thousands of young immigrants and announced plans to seek a U.S. Supreme Court review even before an appeals court issues a decision.

LOCAL COLUMNISTS

The Downside Of the C-Suite

Have you ever wished you were the top executive in your department? For many, becoming a C-level executive can be a lifelong goal. Whether it’s chief executive officer, chief marketing officer or chief financial officer – the C-suite has real perks.

Top 10 2018 Marketing Trends, Part 1

Editor’s Note: This is the first in a two-part series. The field of marketing is evolving at an unprecedented rate. If you simply don’t have the time to dig in – which is reality for many a small and mid-sized company CEO with limited internal marketing resources – it can feel like a runaway train. 

TENNESSEE LEGISLATURE

Report: State Investigative Agency Used Reserves for 4 Years

NASHVILLE, Tenn. (AP) – A report says the Tennessee Bureau of Investigation used reserves over the last four years to avoid layoffs and operational gaps due to budget cuts required by Gov. Bill Haslam's administration.

STATEWIDE

Tennessee Officials Seek Comments on Hunting Regulations

NASHVILLE, Tenn. (AP) – Tennessee wildlife officials are seeking public comments on regula-tions for the 2018-19 hunting season.

Titans Fire Coach Mike Mularkey After Playoff Win

NASHVILLE, Tenn. (AP) – The Tennessee Titans believe the potential reward from quarterback Marcus Mariota working with his third head coach in his fourth NFL season outweighs the risk of change.

REGIONAL NEWS

Southern States Join To Promote Civil Rights Tourism

BIRMINGHAM, Ala. (AP) – Southern states that once fought to maintain racial segregation are now banding together to promote civil rights tourism at sites including the building where the Confederacy was born and the motel where Dr. Martin Luther King Jr. died.

Rates to Rise for 2 Mississippi Electrical Utilities

JACKSON, Miss. (AP) – Customers of Mississippi's two privately owned electrical utilities will see higher rates starting in February.

NATIONAL BUSINESS

Nestle Selling US Candy Business for $2.8 Billion

NEW YORK (AP) – Swiss food and drink giant Nestle is selling its U.S. candy business to Italy's Ferrero for about $2.8 billion in cash. Ferrero will take over iconic chocolate brands Butterfinger and Crunch bars, as well as the sugary Nerds, SweeTarts and FunDip.

Consumer Watchdog Considering Repeal of Payday Lending Rule

NEW YORK (AP) – The Consumer Financial Protection Bureau is reconsidering a key rule enacted last year that would have protected consumers against harmful payday lenders.

Tax Law Brings Big Paper Losses, Long-Term Gains to US Banks

NEW YORK (AP) – Big U.S. banks have been reporting billions of dollars in paper losses this month as they are forced to come into compliance with the new tax law. And while the losses are massive, they were largely expected, and bank executives say the new tax law will be good for banks as well as the economy in the long run.

Click, Tap, Buy: Holiday Shoppers Spent Record Amount Online

NEW YORK (AP) – Shoppers spent a record amount online during the holiday season.

AUTO INDUSTRY

New Small Cars Unveiled at Auto Show, But Will Anyone Buy?

DETROIT (AP) – Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte.

NATIONAL GOVERNMENT

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 79 396 11,921
MORTGAGES 90 443 13,870
FORECLOSURE NOTICES 10 70 1,928
BUILDING PERMITS 191 975 25,139
BANKRUPTCIES 56 289 7,762
BUSINESS LICENSES 23 184 4,083
UTILITY CONNECTIONS 22 166 4,847
MARRIAGE LICENSES 16 81 2,625

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