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VOL. 133 | NO. 21 | Monday, January 29, 2018

Pinnacle Pulls $1.3M Permit to Build Midtown Branch

Nashville-based Pinnacle Financial Partners has applied for a $1.3 million building permit for its planned bank branch at the corner of Union Avenue and Rozelle Street.

The Week Ahead: Jan. 29-Feb. 4

Good morning, Memphis! Proceedings related to the city’s removal of Confederate statues from two parks get underway, just one of many events on a busy Monday. Check our rundown of all the happenings you need to know about in The Week Ahead…

Online SCS Optional/Open Enrollment Marks End of Campouts

When the Shelby County Schools system begins taking applications for optional schools and open enrollment at any school with space Monday, Jan. 29, at 10 a.m., it will be without a row of tents outside its headquarters on Hollywood Street.

SPORTS NOTEBOOK

Mediocre Memphis No Match for UC; Grizzlies' Conley Out for Season

After a second double-digit loss to Cincinnati this season, the Memphis Tigers are in the mushy, mediocre middle of the American Athletic Conference.

Local Weather
Currently
Memphis, TN
79.0°F
Fair
Wind: South at 4.6 mph
Humidity: 77%

EVENTS

The National Civil Rights Museum will exhibit “From the Vault: Art in Action,” a collection of fine art in expression of civil rights protests, through Monday, Jan. 29, at 450 Mulberry St. The exhibition features pieces from the museum vault, many never displayed before, that represent resistance and actions through demonstrations and collective marching. Included with regular museum admission. Visit civilrightsmuseum.org.

more events »

Sports Executives Enjoying ‘Glory Years’ of Memphis Sports

With sports clicking on all cylinders in Memphis and a new professional team on the horizon, these days could really be seen as the glory years of Memphis sports.

Last Word: End of the Camp Out, Megasite Views and The Glory Years

No camp out this year for the opening of applications for optional schools because it is online at Shelby County Schools this year. Also the applications are available at the same time – Monday morning at 10 a.m. – for the open enrollment at any other SCS school that has available space. Those were some hardcore campers that in some cases had been at this for a couple of generations. Persisting through barcodes and a 99.9 percent probability that their first choice of school would happen without the tent, generator and heaters.

Regional One Health Looking to Grow, CEO Says

Dr. Jeffrey Warren remembers idolizing his family doctor while growing up in Salisbury, North Carolina, a respect for the profession that stayed with him and in part motivated his launch of Primary Care Specialists in 1992.

Citing Lack of Funds, Memphis Health Care Org Closes, New Group Steps In

Knoxville-based Cherokee Health Systems has stepped in to continue operating the clinics of Memphis’ Resurrection Health, which closed its doors on Dec. 31 in part because of funding running out.

TVA CEO Talks Water, Economic Development, Solar and Fixed Costs

During his visit to Memphis last week, Tennessee Valley Authority CEO Bill Johnson left the door open to a change in TVA’s plans to use its own water wells when the new TVA natural gas-fired plant in southwest Memphis goes online later this year.

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.

AROUND MEMPHIS

Around Memphis | January 29, 2018

The Daily News offers a weekly look at Memphis-related headlines from around the web, adding context and different perspectives to the original content we produce on a daily basis.

REAL ESTATE RECAP

Trader Joe’s, H&M, Mempops Announce New Locations

2130 Exeter Road, Germantown, TN 38138: 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.

THE MEMPHIS NEWS

MEGA HYPE

West Tennessee is still waiting to reap the benefits of the Memphis Regional Megasite

In physics the larger an atom is, the more polarizing it can become. The same can be said of real estate development. So it’s not surprising that something referred to as a megasite can incite a range of opinions that are as vast as the site itself.

Editorial: Megasite Not Ready for Prime Time After A Decade

The Memphis Regional Megasite in Haywood County has a lot of factors going against it starting with its name. It is not in Memphis – which can be confusing to national site consultants and their clients.

This week in Memphis History: Jan. 26-Feb. 1

1997: On the front page of The Daily News, Wolfchase Galleria, the city’s largest shopping mall, is about to open and “stores are scrambling to hire managers and clerks in a market that currently has one of the lowest unemployment rates in years.” University of Memphis researcher David Ciscel says, “The impact will be similar to the impact that Tunica has had and is having on the Memphis economy," referring to the opening in the early 1990s of casinos in Tunica.

LAST WEEK'S MOST POPULAR

Catholic Diocese Ending Jubilee Schools After 2018-2019 School Year

The Catholic Diocese of Memphis is ending its operation of a set of nine Jubilee schools and St. Michael School at the end of the 2018-2019 school year and appears to be working with a charter organization forming a network of charter schools.

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.

Morgan Stanley Denies Ford Fired for Sexual Misconduct

Morgan Stanley executives denied Monday, Jan. 22, that the financial giant fired former U.S. Rep. Harold Ford Jr. for sexual misconduct.

Boyd Says Reprisals For Removal Of Monuments Possible

The city is bracing for some kind of backlash in the Tennessee Legislature for the December sale of two city parks to a private nonprofit and the removal of Confederate monuments in those parks.

State Dropping Plans to Dump Megasite Wastewater Near Randolph

After vocal opposition from residents in and around the community of Randolph, Tennessee, state officials have announced they are withdrawing their current plans for the Memphis Regional Megasite’s 35-mile long wastewater pipeline.

TENNESSEE LEGISLATURE

Reeves Wins GOP Special Election Primary in Tennessee Senate

NASHVILLE, Tenn. (AP) – Small-business owner Shane Reeves has topped former state Rep. Joe Carr in the Republican primary of a Tennessee Senate special election.

STATEWIDE

11M Visit Great Smoky Mountains National Park, a New Record

GATLINBURG, Tenn. (AP) – Great Smoky Mountains National Park welcomed more than 11.3 million visitors last year, setting a new record for the second year in a row.

Distillers Struggle to Comply With Water Quality Regulations

NASHVILLE, Tenn. (AP) – As the whiskey industry continues to grow, Tennessee's two largest distilleries struggled to comply with water quality regulations last year.

Former Tennessee Sen. Joe Haynes Dies at 81

NASHVILLE, Tenn. (AP) – Former Tennessee Sen. Joe Haynes, a Democrat who served nearly three decades in the state legislature, has died. He was 81.

REGIONAL NEWS

Manufacturer Won't Shift to Mexico, Saving Mississippi Jobs

VICKSBURG, Miss. (AP) – A company that makes outdoor lights is abandoning a plan to move some production from Mississippi to Mexico.

Carrying Booze Could Soon be OK in Dry Mississippi Counties

JACKSON, Miss. (AP) – Mississippians could soon be able to drive through dry counties with booze in the trunk without fear of arrest.

NATIONAL BUSINESS

Outdoor Gear Sales Slip as Millennials Drive Shift in Habits

DENVER (AP) – Sales of outdoor equipment are slipping as millennials drive changes in U.S. consumer habits by favoring clothes and sporting goods that are less specialized and more versatile, analysts say.

US Treasury Official Urges Regulation of Crypto Currencies

TOKYO (AP) – A senior U.S. Treasury official touring Asia has urged banks and financial regulators in the region and elsewhere to do more to tighten oversight of booming trading in bitcoin and other crypto currencies.

US Economy Grew at Solid 2.6 Percent Rate in Fourth Quarter

WASHINGTON (AP) – The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction.

MEDICAL NEWS

Flu Widespread Across US for Third Straight Week

NEW YORK (AP) – Sick with the flu? You've got a lot of company.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 105 105 9,674
MORTGAGES 82 82 11,396
FORECLOSURE NOTICES 17 17 1,651
BUILDING PERMITS 134 134 20,444
BANKRUPTCIES 58 58 6,495
BUSINESS LICENSES 27 27 3,473
UTILITY CONNECTIONS 48 48 4,031
MARRIAGE LICENSES 32 32 2,211

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