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VOL. 130 | NO. 200 | Wednesday, October 14, 2015

Downtown Memphis Artspace Project Wins $200K Grant

The South Main Artspace Lofts got a big boost from the Downtown Memphis Commission in an “extraordinary” grant that went beyond the parameters of its established financial incentive programs.

Fallon, Richards to Attend Memphis Music Hall of Fame Induction

Jimmy Fallon, host of NBC’s “The Tonight Show,” and Rolling Stones guitarist Keith Richards will be among the attendees at this weekend’s Memphis Music Hall of Fame induction ceremony at the Cannon Center for the Performing Arts.

Heading Up DMC Is Next Chapter in Terence Patterson’s Memphis Story

“He’s impressive, and I like him.” So summed up Downtown Memphis Commission president Paul Morris about the general sentiment in electing Terence Patterson to take over the post when Morris steps down next month.

Memphis Cab Company Holds On Against Newer Upstarts

Competition and the presence of new upstarts shaking up the status quo are par for the course when it comes to running a business over the long term.

‘Blue Lives Matter’ Campaign Spreading Across the Country

The person was not a politician, wasn’t famous and wasn’t in law enforcement. He – or she – just wanted to thank local enforcement people for the service they provide every day.

International Paper Hikes Dividend

Shareholders of Memphis-based International Paper Co. got good news Tuesday, Oct. 13, as the Memphis-based paper giant announced it would hike its dividend.

Memphis Chamber's Clifford Stockton Dies

Clifford Stockton, the senior adviser to the Greater Memphis Chamber, died Monday, Oct. 12, after 46 years of service to the organization.

Shelby County Commission Continues Quest for Legal Autonomy

Shelby County commissioners have hired an attorney in their continued exploration of retaining their own permanent legal counsel independent of the county attorney’s office.

NEWSMAKERS

Attorney Rob Ratton Joins Fisher & Phillips

Robert W. Ratton has joined Fisher & Phillips LLP’s Memphis office as of counsel, a role in which he represents employers in a wide range of employment law matters and supports clients with internal investigations and compliance issues. Ratton most recently served as a staff attorney at TruGreen LP.

LOCAL COLUMNISTS

Are Salespeople Born or Made?

“Is greatness born – or is it made?”

MEMPHIS AREA

Memphis Police Chief: Not Enough Evidence for Murder Charge

MEMPHIS, Tenn. (AP) — Memphis police say there is not enough evidence to charge a man with murder in the fatal shooting of an off-duty police officer.

STATEWIDE

Tennessee Creates $8M Fund to Promote Rural Development

NASHVILLE, Tenn. (AP) — The state Economic and Community Development Department is creating an $8 million program aimed at promoting projects in rural Tennessee.

Audit: Sometimes Takes Years for Tenn. to Discipline Doctors

NASHVILLE, Tenn. (AP) — A recent audit found that it sometimes takes years for the Tennessee Board of Medical Examiners to discipline doctors who have committed misconduct.

Candy Maker Mars to Unveil Popup M&M's Store in Tennessee

CLEVELAND, Tenn. (AP) — Candy maker Mars Inc. is launching an M&M's World popup store near the company's plant in Cleveland in southeastern Tennessee.

NATIONAL BUSINESS

Top Beer Makers to Join Forces to Face Industry Challenges

BRUSSELS (AP) — The world's biggest beer maker clinched a deal Tuesday to take over its nearest rival in a bid to stave off the megabrewers' most serious problems: the surge in popularity of craft brews and weakening sales in the rich markets of the U.S. and Europe.

TECHNOLOGY

Twitter Purging Workers as New CEO Slashes Costs

SAN FRANCISCO (AP) — Twitter is laying off up to 336 employees, signaling CEO Jack Dorsey's resolve to slash costs while the company struggles to make money.

Apple Adds Retina Displays to its iMacs

NEW YORK (AP) — Apple is adding Retina displays to its iMacs, which will enhance the text and the image quality of photos and videos.

International Paper Hikes Dividend

Shareholders of Memphis-based International Paper Co. got good news Tuesday, Oct. 13, as the Memphis-based paper giant announced it would hike its dividend.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 69 69 2,404
MORTGAGES 83 83 2,977
FORECLOSURE NOTICES 4 4 481
BUILDING PERMITS 97 97 5,100
BANKRUPTCIES 44 44 1,823
BUSINESS LICENSES 26 26 922
UTILITY CONNECTIONS 29 29 1,041
MARRIAGE LICENSES 13 13 356

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