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VOL. 130 | NO. 206 | Thursday, October 22, 2015

Binghampton, Uptown Grocery Projects Win Tax Breaks

Two community development groups are the first recipients of Community Builder PILOTS, a payment-in-lieu-of-taxes incentive housed at the Memphis-Shelby County Economic Development Growth Engine.

Delayed Midtown Kroger Details Unveiled

With completion of the Union Avenue store now 18 months past initial projections, Kroger Delta Division officials say that the store is on track and “not anywhere near your standard Kroger.”

Strickland Names 26 to Eight Transition Committees

Memphis Mayor-elect Jim Strickland announced Wednesday, Oct. 21, that he has named 26 people to eight committees that are the structure of his transition committee.

New Daisy Reopens One Day After State Closure

The New Daisy reopened late Wednesday after having apparently taken care of the tax obligation that resulted in padlocked doors and a notice of seizure Tuesday from the state department of revenue.

Toshiba Warehouse Sold For $7.7 Million

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Local Weather
Memphis, TN
Partly Cloudy
Wind: Southeast at 6.9 mph
Humidity: 82%


Greater Memphis Chamber will host the HR/Legal Summit on Thursday, Oct. 22, from 7 a.m. to 11:30 a.m. at Hilton Memphis, 939 Ridge Lake Blvd. Three interactive sessions will focus on common legal workplace issues employers need to know. Cost is $60 for members and $75 for nonmembers. Register at memphischamber.com.

more events »

Study Suggests Video Games Could Have Health Benefits

The conventional wisdom might hold that playing video games is at best a pleasant diversion and at worst a form of entertainment that rots your brain. But new research led by St. Jude Children’s Research Hospital has come to a far different conclusion.

City Council Approves Hotel-Retail Development Near Shelby Show Place Arena

Memphis City Council members approved Tuesday, Oct. 20, plans to develop one of the few open parcels of land along Germantown Parkway as either a hotel with retail or two retail strips.

Developer Long on Downtown Memphis, Short on Specifics

Three Downtown properties are now owned by an Atlanta-based affiliate of an Australian real estate investment and development company, which is giving little in the way of clues about its Memphis plans.

RiverArtsFest Celebrates Visual Art

Lee Askew loves art festivals. He travels the United States to visit some of the best, regularly bringing back ideas for what he knows is possible in Memphis.


Things You Should Invest In

Ray’s Take It’s important to save where you can, but it’s just as critical to spend where you should.

Judicial Accountability Site Invites Raters

So, I was in Northwest Arkansas a couple weeks ago for a golf tournament. On Friday night I swung by Penguin Ed’s, bought a mess of barbecue, and took it to the home of Sam and Pat Perroni, long-time friends who used to live in Little Rock. They have a beautiful spread a few miles outside Fayetteville, a picture-perfect spot for grand parenting.

Students Find Options via Tennessee Promise

Siegel High School graduate Davione Williamson wasn’t quite sure he was college material when he entered Motlow State Community College in Smyrna this August on a Tennessee Promise scholarship.


Tennessee Aquarium to Build $4.5M Freshwater Institute

CHATTANOOGA, Tenn. (AP) — The Tennessee Aquarium has announced plans for a $4.5 million structure near the campus of Baylor School that will house the Tennessee Aquarium Freshwater Conservation Institute.

Audit Finds Financial Mismanagement in Tenn. Prison Food Program

NASHVILLE, Tenn. (AP) — State auditors say financial mismanagement has put the future of a Tennessee prison food program in jeopardy.

UPS to Return $4 Million in 14-State Settlement Over Pricing

ALBANY, N.Y. (AP) — New York state and some of its local governments will receive $1.2 million from UPS Inc. as part of a multistate settlement following allegations that the shipping company overcharged government customers in 14 states, including Tennessee.


Grammy Museum to Celebrate Mississippi's Musical Talent

GREENVILLE, Miss. (AP) — With a history of producing music legends such as Elvis Presley and B.B. King, it's no surprise that Mississippi is the home of the first Grammy museum outside of California.

Mississippi's Renasant to Buy Georgia Bank for $59M in Stock

JACKSON, Miss. (AP) — Mississippi-based regional bank Renasant Corp. will acquire Georgia-based KeyWorth Bank for $59 million in stock.


Billionaire Starts Super PAC to Push Corporate Tax Revamp

WASHINGTON (AP) — Billionaire New York investor Carl Icahn said Wednesday he is creating a $150 million super PAC focused on revising corporate tax law.


Congress Proposes Giveaways to Auto, Trucking Industries

WASHINGTON (AP) — At a time of record auto recalls and rising highway deaths, safety advocates say the Republican-run Congress is snubbing their agenda and taking sides with the auto and trucking industries on legislation that they and the Obama administration contend could worsen matters.

Strickland Names 26 to Eight Transition Committees

Memphis Mayor-elect Jim Strickland announced Wednesday, Oct. 21, that he has named 26 people to eight committees that are the structure of his transition committee.

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