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VOL. 133 | NO. 20 | Friday, January 26, 2018

FedEx to Invest $3.2B in Wages, Pension Fund, Hub Investments

FedEx Corp. has announced it will invest $3.2 billion to enact three new programs in the wake of the U.S. Tax Cuts and Jobs Act, the first being to increase employee compensation by more than $200 million, about two-thirds of which will go to hourly employees.

Latest Economic Overview Shows Growth Across Sectors

The Daily News has charted big moves in these pages from some of the Memphis public companies like FedEx and First Horizon that have paid employee bonuses and hinted at major investment as a result of the recent federal tax legislation.

Trader Joe’s Coming to Germantown

It looks like the Memphis area is finally getting a Trader Joe's. A $750,000 building permit application that lists Trader Joe’s as a tenant has been filed with the Office of Construction Code Enforcement.

Dunavant Awards Will Feature Hardy As Keynote

As a lifelong Memphian and successful entrepreneur, Carolyn Hardy is all about finding new ways to grow the city.

Back to School

Parents get refresher to help their children be successful

Third grade math is still all about multiplication and division, which may be learned through memorization or through applying addition and subtraction. But it is always about understanding the concept.

Local Weather
Currently
Memphis, TN
79.0°F
Mostly Cloudy
Wind: Calm mph
Humidity: 82%

EVENTS

The Arc Mid-South will host a self-advocacy brunch and discussion forum for individuals with disabilities Friday, Jan. 26, from 10 a.m. to noon at the Benjamin L. Hooks Public Library, 3030 Poplar Ave., meeting room C. Several local individuals with disabilities will discuss how they overcame obstacles and affected policy issues by engaging in public advocacy. Admission is free. Visit thearcmidsouth.org.

more events »

Last Word: Eureka Education, Confederate Monuments in Court and Dillon Brooks

Supermarkets are hard. That is the tag line in every discussion about getting a supermarket or grocery store for a given part of town that doesn’t have one. And once a new supermarket goes up somewhere else, there is inevitably word that a competitor or two is going to build nearby. The discussion always includes the mandatory recitation of the 3 to 4 percent profit margin stores operate on, which even knowledgeable critics of the decisions about where to locate and not to locate stores acknowledge is accurate.

Memphis Greenspace Announces Spring Activation of Parks

Memphis Greenspace Inc. has plans for Health Sciences and Memphis Park with a “spring activation strategy” announced Thursday, Jan. 25, for the two parks that until last month included the city’s two most iconic Confederate monuments.

Bite Squad Pool Of Memphis Restaurants Tops 150

Competition in the on-demand meal delivery space is heating up in Memphis with the online and mobile food ordering and delivery service Bite Squad adding more than 30 new restaurants to its stable in Memphis, bringing its total to more than 150 here.

Millington High School Center For Performing Arts Underway

When it is completed in about a year, the new Millington Central High School Performing Arts Center will look familiar to longtime residents who may have graduated from the school when it was in its former building.

Sherra Wright Makes First Court Appearance

MEMPHIS, Tenn. (AP) – Former NBA player Lorenzen Wright's ex-wife has made her first court appearance since she was extradited from California to face charges in his shooting death.

ASD Proposes Shifting Memphis Middle School to Charter Group

After years of dwindling enrollment, the only middle school in Memphis that’s run directly by Tennessee’s turnaround district could be switching hands.

SPORTS

NBA Coaches Often ‘Interim’

Bickerstaff Discusses Challenges of Being Interim Coach

In one sense, maybe just about every NBA head coach not named Gregg Popovich should have the word “interim” in his job title. Certainly in Memphis the position of head coach is a lot closer to being an adjunct member of the faculty rather than a tenured professor.

Warlick Finally Finds The Right Team Chemistry

If the Tennessee Lady Vols make a run in the NCAA basketball tournament this year, Webb School girls basketball coach Shelley Collier will be cheering them on the whole way.

New Titans Head Coach To Lean on Teamwork, Respect

Mike Vrabel admits he has much to learn about the ins and outs of being a head coach in the National Football League.

THE PRESS BOX

Rookie Recognizes It’s About More Than Recognition

First, you have to love the name of the event: the 2018 Rising Stars Challenge. And that the Memphis Grizzlies will be represented at the NBA All-Star weekend in Los Angeles.

LOCAL COLUMNISTS

Only Two

IT JUST TAKES TWO. “Dan,” Sen. Howard Baker chuckled, “see that person at the end of the dais? She’s run my office for years, been with me everywhere, heard and seen everything. That’s the first time I’ve seen her blush.”

Job Hopping and Your Retirement Plans

Ray’s Take: There was a time when you worked your entire career at one company and retired with a pension and a gold watch after 40 or so years of service. But, like so many things, that picture has changed over the years. Job hopping – once a red flag on your resume – is now the norm.

What Mentoring Taught Me

Right now, millions of American teenagers are struggling with their emotions and behavior. They’re at odds with their parents, guardians or peers. They feel like they have no one to talk to, no one that understands or listens to them. They feel angry, dejected and hopeless. Why am I bringing this to your attention? Because in a few short years, these at-risk teens will become adults.

STATE GOVERNMENT

Tennessee Governor Sets Up Panel in $30M Opioid Plan

NASHVILLE, Tenn. (AP) – Tennessee Gov. Bill Haslam has established a commission on pain and addiction medicine education, marking one of the first moves in his $30 million plan to combat opioid abuse.

Haslam to Give Final State of the State Monday

NASHVILLE, Tenn. (AP) – Tennessee Gov. Bill Haslam is scheduled to deliver his final State of the State speech.

STATEWIDE

Ex-Tennessee Judge Launches GOP Bid to Replace Rep. Black

NASHVILLE, Tenn. (AP) – A former Tennessee judge who oversaw a controversial trial about Islam is vying to replace U.S. Rep. Diane Black.

REGIONAL NEWS

Mississippi Sues Over Mail-Order Shipments of Wine, Liquor

JACKSON, Miss. (AP) – Mississippi officials are suing four mail-order wine sellers, saying they illegally shipped wine and liquor into the state.

Mississippi Would Combat Fake Urine With 'Urine Trouble' Law

JACKSON, Miss. (AP) – Shoppers can now buy fake urine to defeat drug tests, but Mississippi lawmakers are fighting back with what they call the "Urine Trouble" bill.

US NEWS

Atlanta Development Proposal Just Happens to be Amazon-Sized

ATLANTA (AP) – As Atlanta vies for Amazon's second headquarters, a developer just happens to be proposing a $5 billion downtown project with 9.3 million square feet (87 million square meters) of office space – more than three times the amount in the Empire State Building.

Oprah: 'I Don't Have the DNA' for a Presidential Bid

ATLANTA (AP) – Before her iconic Golden Globes speech sparked a new presidential push on social media, Oprah Winfrey declared that she's not interested in a White House bid.

NATIONAL BUSINESS

Trump 'Looking Forward' to Being Questioned Under Oath

WASHINGTON (AP) – President Donald Trump declared he's "looking forward" to being questioned – under oath – in the special counsel's probe of Russian election interference and Trump's possible obstruction in the firing of the FBI director.

Potholes Ahead for Trump Transportation, Infrastructure Plan

WASHINGTON (AP) – The Trump administration is preparing to unveil long-promised plans for roads, bridges and other infrastructure next month. But the plans will fall short of some of his ambitious goals.

Southwest Gets Boost From Tax Law; Beats Street Q4 Forecasts

DALLAS (AP) – Southwest Airlines said Thursday that fourth-quarter profit jumped to $1.89 billion as the recent tax law reduced the company's deferred tax liability and should boost 2018 earnings too.

MEDICAL NEWS

Study Confirms Flu Increases Risk of Heart Attack in Elderly

NEW YORK (AP) – As if the flu wasn't bad enough already: Researchers have confirmed that flu sharply increases the risk of heart attack for older people.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 63 233 7,982
MORTGAGES 87 288 9,487
FORECLOSURE NOTICES 0 40 1,398
BUILDING PERMITS 209 452 17,059
BANKRUPTCIES 50 155 5,561
BUSINESS LICENSES 39 108 3,056
UTILITY CONNECTIONS 0 75 3,325
MARRIAGE LICENSES 23 93 1,781

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